% | $
Quotes you view appear here for quick access.

TOTAL S.A. Message Board

  • valueguy66 valueguy66 Apr 30, 2012 7:21 AM Flag

    I think that TOT has a great risk

    reward at $48 a sahre. I see little further downside 6% or $45 versus 30% upside or $62 plus 5% dividend while you wait. TOT will not see the 2.4% growth it had anticipated this year so it will be a flat year. I think once ELGIN is resolved we will see $52 a share and once production begins again $58 a share. As we move closer to 2013 the shares will rise as 2.5% growth is back on the table and Elgin is behind us. Futher upside would be higher prices for crude if tensions in the mid east flair up. The bottom line is I am happy to be a buyer at these levels and sit and wait as I collect my dividends which were reaffirmed last week.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
42.99+2.37(+5.83%)Feb 12 4:02 PMEST