BUY CNOOC ($CEO or 0883.HK) UNDER $100 or HK$ 7.9.

13 sty 2021

Any Non-US Investors feel like they may have missed the boat for the Energy Trade? Well, the recent US Blacklisting of US firms may have offered a second chance. CNOOC, China's 3rd largest oil producer.... with diversified oil assets around the world, a strong balance sheet and a 2022 Projected Free Cash flow yield (65ish oil) of over 35% has broken out in trading in HK Today. The US ADR Symbol is CEO. Recommend buying under $100 with a target of $200 within this year and if you believe in the longer term story for EEM, China, Oil & Gas it could be a multi-bagger. The forced liquidations by US investors (due to the Blacklisting) appears to be over.