Dona Ferentes
beware the aedes of marsh
- Joined
- 11 January 2016
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Been a long rumour .... Snow it's a fact, I can't imagine the opposition to this project giving up.
Been a long rumour .... Snow it's a fact, I can't imagine the opposition to this project giving up.Interestingly has fallen.
Maybe the 134 conditions is spooking the decision?
You just need to look at Santos price chart over the last 20 years, to get a feel for Santos IMO."We’re not an electricity company so we’re not going to make a big announcement about going into renewables. Why? Because I don’t see much money in it, No 1. And No 2 it’s already a very, very crowded space. Electricity markets and retail markets are very crowded. We will continue to operate in fuels.”
Kevin Gallagher, CEO, Santos Ltd
STO is my pick amongst Oz oilers for strong consistent profit in oil and gas over the next ten years.
probably because of a strong BHP allocation (legacy at that)A quick tour of the LICs seems to show most of the managers prefer Woodside, out of AFI, ARG, AUI, BKI looks like only ARG has Santos in their top 20
If China doesn't want it then I've no doubt that France, Spain, Italy, Portugal, Belgium, Netherlands, UK, Poland, Lithuania and Greece will between them be extremely interested in buying since they all have LNG import terminals and between themselves and the other EU countries they're in a desperate situation with gas supply right now.Is Santos and LNG the next cab off the rank for Chinese sanctions?
Yes maybe I was being too critical in 2021, things change, I have never found Santos to be a positive when I've held them.If China doesn't want it then I've no doubt that France, Spain, Italy, Portugal, Belgium, Netherlands, UK, Poland, Lithuania and Greece will between them be extremely interested in buying since they all have LNG import terminals and between themselves and the other EU countries they're in a desperate situation with gas supply right now.
There might be financial implications but in a physical sense Santos will have no trouble finding buyers as long as a ship can be found on which to transport it.
I was sentimental with sto a decade or so ago .a bit like Suncorp...Yes maybe I was being too critical in 2021, things change, I have never found Santos to be a positive when I've held them.
They were offered $7 a share back in 2018 and IMO management hasn't really done anything to justify not accepting it.
I personally think Woodside at $22 was a far better proposition as a buy and hold person. But everyone to their own, Just my two cents worth.
Dividend was very low considering.......
They better use that $$$ wisely
STO 's share of the Gladstone liquified natural gas project is only showing a 5 % return on the capital invested over the past 10 years or so.
That's a whole lot less than the minimum 11% p.a. , originally expected from the giant project.
If China doesn't want it then I've no doubt that France, Spain, Italy, Portugal, Belgium, Netherlands, UK, Poland, Lithuania and Greece will between them be extremely interested in buying since they all have LNG import terminals and between themselves and the other EU countries they're in a desperate situation with gas supply right now.
There might be financial implications but in a physical sense Santos will have no trouble finding buyers as long as a ship can be found on which to transport it.
Yes maybe I was being too critical in 2021, things change, I have never found Santos to be a positive when I've held them.
They were offered $7 a share back in 2018 and IMO management hasn't really done anything to justify not accepting it.
I personally think Woodside at $22 was a far better proposition as a buy and hold person. But everyone to their own, Just my two cents worth.
There does seem to be, how shall I put it, a little bit of negativity from ASF members on STO Santos.Yeah,... a dead-beat hopeless stock, but boy! what a gift for a trader with zero T. A. skills to speak of.
For decades I've been making a ton of easy money outta this piece of crap. In and then out of it, all the time. With quite big bets , too. Better than risking my precious capital on the gambling end of the market , down there, with the penny dreadfuls.
I'm not at all surprised to see the insto's not going anywhere near this bugger, though.
the USA seem intent on electing the least fit physically and mentally to lead them.
Actually, that is what i ended doing while completely novice, it was oscillating like a clockwork between top and bottom range..but was playing small at the time and got burnt a few times missing some exit etc..was working and not giving the time it deservedYeah,... a dead-beat hopeless stock, but boy! what a gift for a trader with zero T. A. skills to speak of.
For decades I've been making a ton of easy money outta this piece of crap. In and then out of it, all the time. With quite big bets , too. Better than risking my precious capital on the gambling end of the market , down there, with the penny dreadfuls.
I'm not at all surprised to see the insto's not going anywhere near this bugger, though.
Thanks @bux2000I am sure you would argue though "the least fit physically and mentally" Sleepy Joe is still far far superior to the Orange Man?
All the best
bux
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