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STO - Santos Limited

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Another bumper result for Santos for the First Half Year report.

Dividends have resumed again since 2016 and Upstream unit production costs guidance lower by $0.20 /boe to $8.0-8.6/boe from $8.2-8.8/boe.



upload_2018-8-23_9-42-25.png
 
Santos is moving nicely.

Next price target is $8.50, there is some long term resistance at around $8.80
 
Miner said:
Hey Levy
That sounds promising .
Could u please share more on the chart ?
Click to expand...

2018-10-07 STO [ASF].png


The 2 brown rectangles represent unfilled gaps in share price and the red rectangle represents a prior area of very high volume.

I will leave it you to interpret how that will impact on the price moving higher.
 
rnr said:
View attachment 89627

The 2 brown rectangles represent unfilled gaps in share price and the red rectangle represents a prior area of very high volume.

I will leave it you to interpret how that will impact on the price moving higher.
Click to expand...
Thks RNR. It makes sense.
BTW you have overestimated my skills. A Miner like me can dig a hole but can not read data logged by the geos. So real dumb fellow to read or extrapolate chart.
 
Miner said:
Thks RNR. It makes sense.
BTW you have overestimated my skills. A Miner like me can dig a hole but can not read data logged by the geos. So real dumb fellow to read or extrapolate chart.
Click to expand...

A high probability of resistance ahead? ;)
 
leyy said:
Santos is moving nicely.

Next price target is $8.50, there is some long term resistance at around $8.80
Click to expand...
As a person I am always envy on good charts and their predictions using the trend.
With high regards to the chart drawn on October 8, 2018 and predicted target $8.80, trying to undersand under what time frame the trend was established. What happend to the charting trend then on the current trend since then ?
By third week of December 19, STOP came down to $5.15 and today it closed around $6.4 but nowhere near to $8.50 target. In fact for more than 3 months the price did not even surpass Z$7. Hi @leyy could you please throw some light on predicted time frame ?
Thanks



upload_2019-2-8_13-56-47.png
 
Miner said:
As a person I am always envy on good charts and their predictions using the trend.
With high regards to the chart drawn on October 8, 2018 and predicted target $8.80, trying to undersand under what time frame the trend was established. What happend to the charting trend then on the current trend since then ?
By third week of December 19, STOP came down to $5.15 and today it closed around $6.4 but nowhere near to $8.50 target. In fact for more than 3 months the price did not even surpass Z$7. Hi @leyy could you please throw some light on predicted time frame ?
Thanks



View attachment 92009
Click to expand...


Hi miner, I was looking at a monthly chart at the $8.50 target, as they didn't break out and the SP has done some consolidation they need to re-test the $7.50 level first.
 
Out.
Had a long standing sell order fulfilled just after open.

Still Got CVN and WPL.

Very happy to buy on the dip if it ever happens again anytime soon.
 
I must admit, in spite of myself I looked at the oilers today.

For non option/future traders such as I, plain vanilla honest folk, with pitchforks ready for the invasion from Chisholm, I must admit none of the oilers impressed me.

Let's hope ole Orange Lox bashes the bejaysus out of the Iranians.

Then I'll be in.

gg
 
ASX Announcement today and share price +5.38 % at 10:47 AM

The acquisition of ConocoPhillips’ northern Australia business for US$1.39 billion. This includes operating interests in Darwin LNG, Bayu-Undan, Barossa and Poseidon. The deal also comes with a US$75 million contingent payment subject to the final investment decision (FID) on Barossa.

14/10/2019 8:20:47 AM Acquisition of ConocoPhillips' northern Australia interests

upload_2019-10-14_10-47-21.png


upload_2019-10-14_10-48-14.png


580
 
bigdog said:
ASX Announcement today and share price +5.38 % at 10:47 AM

The acquisition of ConocoPhillips’ northern Australia business for US$1.39 billion. This includes operating interests in Darwin LNG, Bayu-Undan, Barossa and Poseidon. The deal also comes with a US$75 million contingent payment subject to the final investment decision (FID) on Barossa.

14/10/2019 8:20:47 AM Acquisition of ConocoPhillips' northern Australia interests

View attachment 97971

View attachment 97972

580
Click to expand...
Great news but why share price dives down first ?
 
And now they are Sub $3.

Bought back in at $2.75.

Just gambling really
 
Sold a lot in the Main Portfolio and Super Yesterday.

Looking for some sort of retracement before i buy back in.

Funny world we are in. Is it the LNG component that is keeping this thing from slipping lower?
 

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