China Aviation Oil Corp *Official* (SGX: G92)

athulican

Master Member
Joined
Mar 23, 2009
Messages
2,612
Reaction score
92
Don't be discouraged if you've missed the ... not boat but more like rocket.
China rocket fuel:

cao.jpg
 

PornStar

Senior Member
Joined
Jun 25, 2001
Messages
1,706
Reaction score
3
Eyeballing since 0.78 but don't dare to enter based on past record and TA...keep going up up up up...the one that got away..:(:(:(
 

lbs

Arch-Supremacy Member
Joined
Sep 2, 2001
Messages
18,174
Reaction score
8
buy at 1.46 still can huat?

if the cashflow is regular, yes... this stock is priced very cheaply.
correct me if i am wrong, the profit margin of this company depends on low fuel prices..?

major shareholder is BP... guess that counts as an endorsement
 

Average

Banned
Joined
Apr 14, 2012
Messages
28,995
Reaction score
290
wah today chionged with super high volume!

regret not ordering this...
 

peachmouse

Member
Joined
Oct 21, 2007
Messages
169
Reaction score
56
Sold half of my position @ $1.3x to $1.4x.

CAO operates on cost plus model; not really affected by oil prices.

Annualising its HY eps of 5.5 cents usd, CAO is around 10-11 PER. Not expensive. Will hold on to the remaining half position.
 

lbs

Arch-Supremacy Member
Joined
Sep 2, 2001
Messages
18,174
Reaction score
8
Sold half of my position @ $1.3x to $1.4x.

CAO operates on cost plus model; not really affected by oil prices.

Annualising its HY eps of 5.5 cents usd, CAO is around 10-11 PER. Not expensive. Will hold on to the remaining half position.

thanks.
so tired after work today and didnt really get the time to read annual reports these days. but i think this company might be interesting to invest.
 

lbs

Arch-Supremacy Member
Joined
Sep 2, 2001
Messages
18,174
Reaction score
8
http://www.businesstimes.com.sg/companies-markets/sgx-issues-trading-query-to-china-aviation-oil

this sent the stock down to 1.3, but the markets bought it back to 1.36, the price prior to the news.

the price target is 1.7+ for all the brokers at the moment, but it's up 100%+ 1 year already


interesting.. usually queries don't have this effect... unless they querying about financial statements rather than trading activity.

thought this company's fundamentally not so bad...
 

789asd

Member
Joined
Jul 9, 2016
Messages
304
Reaction score
0
interesting.. usually queries don't have this effect... unless they querying about financial statements rather than trading activity.

thought this company's fundamentally not so bad...

correct and its recovered from the speculative selling already, 1.37 now

CAO has a monopoly on supplying imported aviation fuel to all chinese airports and expanding internationally.
 

789asd

Member
Joined
Jul 9, 2016
Messages
304
Reaction score
0
on watchlist... dun dare buy leh... but got chance $2 i think

better buy this now, back to 1.40 now. it was ranging between 1.5~1.6 last week.

monopoly is supplying imported aviation fuel to chinese airports and expanding internationally.
 
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Community Guidelines and Standards, Terms of Service and Member T&Cs for more information.
Top