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Review of China Petroleum (0386.HK)
07 Feb 2022 (301 views)  

I hold 22,000 shares of China Petroleum at an average cost of HK$4.03. My total investment is S$130,000.
The stock price is now $4.18 giving me a small gain of 3.7%.

The stock price moved up by 15% during the past 40 days (since 28 Dec). It is now 4.6% below the 52 week high and 27.8% below its 52 week low.

The current price earning ratio is 7.87 (TTM), 4.28 (trailing) and 5.89 (forward).
The forward dividend yield is 8.43%
The financial results are expected to be released at end February. 

I expect the results to be better than expected, due to the recent increase in oil price.  I will hold the stock until after release of the results. 

Keep my finger crossed. 

Note - This is a personal observation. It is not investment advice. 

Tan Kin Lian


Review of China Petroleum (0386.HK)
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I hold 22,000 shares of China Petroleum at an average cost of HK$4.03. My total investment is S$130,000.
The stock price is now $4.18 giving me a small gain of 3.7%.

The stock price moved up by 15% during the past 40 days (since 28 Dec). It is now 4.6% below the 52 week high and 27.8% below its 52 week low.

The current price earning ratio is 7.87 (TTM), 4.28 (trailing) and 5.89 (forward).
The forward dividend yield is 8.43%
The financial results are expected to be released at end February. 

I expect the results to be better than expected, due to the recent increase in oil price.  I will hold the stock until after release of the results. 

Keep my finger crossed. 

Note - This is a personal observation. It is not investment advice. 

Tan Kin Lian