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Originally Posted by Dragon123
I guess thats too late now. I am relatively new in this game. I really have not seen any information on OASIS and had hoped somebody who did would let me know if I had made a right move. I am into medium to long term investment and would appreciate if senior members like you and the number crunchers out there would comment on OASIS.
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Oasis has weak fundamentals. Q-3 PAT was only 120M with 5B outstanding shares. Projected PE is around 65x compared to an average of around 25 for the insurance sector. This is the 2nd highest in the sector and makes it an expensive stock at it's current price. I hope you bought cheaper than the current price.
Oasis will need to grow at about 200% next year to justify it's current price. Good luck.