Kunlun Energy 135

Re: Kunlun Energy 135

Postby winston » Thu Jul 03, 2014 9:17 am

not vested

<Research Report>KUNLUN ENERGY (00135.HK) kept Sell, target trimmed to $8.9 - Citi
Jul 2, 2014

In the latest research report, Citigroup noted that due to the slow pace in the involvement of Mainland gas stations in liquefied gas (LNG), KUNLUN ENERGY (00135.HK)'s 2014 LNG production can only be 900 million cubic meters, far lower than the capacity of 2.1 billion cubic meters.

The Bank lowered the Company's 2014/15/16 earning forecast by 7%/13%/15%, with forecast P/E maintained at 11.3 times.

The target price was cut from $9.4 to $8.9, with Sell rating maintained.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118541
Joined: Wed May 07, 2008 9:28 am

Re: Kunlun Energy 135

Postby winston » Thu Jul 03, 2014 9:19 am

not vested

<Research Report>BofAML: KUNLUN ENERGY (00135.HK) target cut to $15.7 on near-term profit pressureJun 25, 2014

Bank of American Merrill Lynch said in a report that given the earnings decline in KUNLUN ENERGY (00135.HK)'s exploitation and production and the increase in financing cost and depreciation, it reduced the group's FY2014/15 EPS forecasts by 13%;

Yet it believes the group will become the long-term beneficiary of China's adoption of LNG vehicles, therefore, it reiterated the Buy rating with target price cut from $17.5 to $15.7.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118541
Joined: Wed May 07, 2008 9:28 am

Re: Kunlun Energy 135

Postby winston » Thu Jul 03, 2014 9:24 am

not vested

<Research Report>KUNLUN ENERGY (00135.HK) rated Neutral, target reduced to $12.9 - HSBC
May 9, 2014

HSBC noted in a research report that KUNLUN ENERGY (00135.HK) saw resignation of two successive chairmen in August and December 2013, and though no real impact was resulted to the operation, the stock price was pressured.

The Bank said it draws the concerns for the management stability and corporate governance.

The target price was cut from $13.3 to $12.9, with Neutral rating remained.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118541
Joined: Wed May 07, 2008 9:28 am

Re: Kunlun Energy 135

Postby winston » Thu Jul 03, 2014 9:30 am

not vested

<Research Report>KUNLUN ENERGY (00135.HK) kept Sell, target reduced to $9.4 - Citi
Apr 8, 2014

KUNLUN ENERGY (00135.HK)'s FY13 profit was worse than Citigroup's and market projection.

Despite a growth in revenue, vehicle LNG business remained pressured.

The broker believed FY14/15 consensus estimates will need to come down, not only due to the lower FY13 base, but also to factor in weak earnings growth for the next two years.

Citigroup reduced KUNLUN ENERGY FY14-15 earnings forecasts by 16%/25%.

KUNLUN ENERGY was kept Sell with target price reduced from $9.9 to $9.4, hinting 11x P/E forecast.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118541
Joined: Wed May 07, 2008 9:28 am

Re: Kunlun Energy 135

Postby winston » Thu Jul 03, 2014 6:28 pm

vested

KUNLUN ENERGY (00135.HK) kept Buy, target lowered to $15.9 - G. Sachs
2014-07-03

Goldman Sachs mentioned in a report that after a meeting with KUNLUN ENERGY (00135.HK) -0.060 (0.478%) Short selling $79.94M; Ratio 49.322% 's management, it decided to reduce the company's EPS forecasts for FY2014-2016 by 9.4%-11.2%.

Accordingly, the target price was cut from $16.9 to $15.9, but the Buy rating was unchanged.

The bank learned that Kunlun Energy's LNG capacity is increasing, and such growth can meet the fuel demand of more than 70,000 units of LNG vehicles. The development is expected to take one year.

However, the bank predicted that such capacity increase may lead to oversupply by LNG factories in the short term.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118541
Joined: Wed May 07, 2008 9:28 am

Re: Kunlun Energy 135

Postby winston » Thu Aug 30, 2018 10:31 am

not vested

KUNLUN ENERGY(135)

Analysis:
Kunlun Energy (135) is engaged in a broad range of petroleum related activities and derives its revenue from four operating segments : exploration and production, natural gas sales, LNG processing and terminal, natural gas pipeline.

For the six months ended 30 June 2018, the Group recorded revenue of RMB49.59 billion, representing an increase of 21.77% compared with the restated revenue for the same period last year.

Net profit attributable to shareholders was RMB3.092 billion, representing an increase of 21.35%.

Revenue from natural gas sales, LNG processing and terminal and na tural gas pipeline accounted for 98.1% of the Group`s total revenue.

The Group will accelerate the development the above-mentioned businesses. (I do not hold the above stock)

Strategy:
Buy-in Price: $7.50, Target Price: $8.50, Cut Loss Price: $7.00

Source: Phillips
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118541
Joined: Wed May 07, 2008 9:28 am

Re: Kunlun Energy 135

Postby winston » Thu Aug 30, 2018 10:31 am

not vested

KUNLUN ENERGY(135)

Analysis:
Kunlun Energy (135) is engaged in a broad range of petroleum related activities and derives its revenue from four operating segments : exploration and production, natural gas sales, LNG processing and terminal, natural gas pipeline.

For the six months ended 30 June 2018, the Group recorded revenue of RMB49.59 billion, representing an increase of 21.77% compared with the restated revenue for the same period last year.

Net profit attributable to shareholders was RMB3.092 billion, representing an increase of 21.35%.

Revenue from natural gas sales, LNG processing and terminal and na tural gas pipeline accounted for 98.1% of the Group`s total revenue.

The Group will accelerate the development the above-mentioned businesses. (I do not hold the above stock)

Strategy:
Buy-in Price: $7.50, Target Price: $8.50, Cut Loss Price: $7.00

Source: Phillips
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118541
Joined: Wed May 07, 2008 9:28 am

Re: Kunlun Energy 135

Postby 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"
User avatar
winston
Billionaire Boss
 
Posts: 118541
Joined: Wed May 07, 2008 9:28 am

Re: Kunlun Energy 135

Postby winston » Thu Sep 16, 2021 10:37 am

not vested

KUNLUN ENERGY(135)

Analysis:

Kunlun Energy (135.HK) is an integrated energy company controlled by PetroChina.

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: $8.55, Target Price: $9.40, Cut Loss Price: $8.10

Source: Phillips
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118541
Joined: Wed May 07, 2008 9:28 am

Previous

Return to D to K

Who is online

Users browsing this forum: No registered users and 10 guests

cron