RE: Well oil be burgered17 Apr 2024 13:00
G'day Einbert. I assume you're travelling 'first', not standard. Perish the thought. You're brave risking London. Mind the peace-loving Arabs and ffs don't let on if you know anyone they disapprove of. And yes, I might be fairly accused of something ending in ...phobia. I just want my country back.
The validity of NPV using forward DCF projections depends fundamentally on the underlying assumptions on a whole range of things being broadly accurate: eg future oil & gas prices, discount (for risk) rate, opex and capex forecasts, tax rates - you name it. The skill lies in understanding enough about a particular company, the industry it operates in and the particular issues facing the company you're valuing, to make reasonable assumptions that get to a broad value that might be capable of corroboration.
All a bit complicated to the man (can I use this term without being arrested?) in the fabled Clapham omnibus.
Talking of clap(ham), I hope the disgraceful politicians' spouses give them all a nasty std. They deserve to have their lives wrecked as well