STO 1.07% $6.64 santos limited

News: STO Australia's Santos set to resume paying dividend earlier than expected, page-6

  1. 95 Posts.
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    CSL : which at the time was approx $80- (pushing $200- these days, ok $196- or so at the moment). I did not buy at the time because I thought there may not be a lot of upside from $80- but kudos to them getting this one correct.

    FMG : interestingly landlocked Atlas was mentioned as a TO target at the time, just playing out now. Other reasons were mentioned that I am a bit hazy on now. I had a few FMG at the time and did not buy more, but all things considered not a big pass mark for this tip.

    As for Santos they had a huge price target on it something like $18- in 2020 which today seems obviously off the mark but the forecast for very heavy inward cashflows from LNG sales over the next few years should be watched and noted by STO holders. It was this LNG ongoing sales event that the huge SP growth was predicated from.
 
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$6.64
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