Thread: Oasis Insurance
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Old 24th December 2007, 05:34 PM
MR. CEE MR. CEE is offline
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Quote:
Originally Posted by pumping View Post
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.
Pumping how do u get all the time to juggle between This site and the sister site and be offering assistant to people in need, Infact you are one of a kind Keep up the good work and don't give up. You never got angry with repetitive questions you might have provided answers previously. Happy Holiday.
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