by winston » Fri Jun 18, 2021 12:21 pm
not vested
KUNLUN ENERGY(135)
Analysis:
Kunlun Energy (0135.HK) is an integrated energy company controlled by PertoChina.
The main business is the extraction and production of crude oil and natural gas in China, South America, Central Asia and Southeast Asia, as well as the sales of natural gas, liquefied natural gas (“LNG”) processing, LNG terminal and transmission of natural gas in the PRC.
With the further implementation of the new national energy security strategy and the establishment of “peak carbon dioxide emissions and carbon neutrality goals”, efforts have been made to accelerate low-carbon transformation of the energy structure, ushering in a new round of great opportunities for the development of the clean energy sector.
The national production volume and the net imported volume of natural gas during the Year was 324 billion cubic metres, representing a year-on-year increase of 5.6%, continuing to maintain a growth momentum.
It is expected that, by the end of the “14th FiveYear” plan period will reach over 420 billion cubic metres.
Strategy:
Buy-in Price: $7.20, Target Price: $8.00, Cut Loss Price: $6.80
Source: Phillips
It's all about "how much you made when you were right" & "how little you lost when you were wrong"