Morgan Stanley CNOOC overweight rating given 3344111

Morgan Stanley: CNOOC holdings rating hot column capital flows thousands of thousands of stocks the latest Rating Rating diagnosis simulated trading client sina finance App: Live on-line blogger to tutor Sina Hong Kong APP: real time market exclusive reference stocks also worth the investment? What’s the problem? Where is the future of the way out? Sina launched the "Hong Kong Hong Kong stocks as well as unattractive" discussion, with a rational and constructive attitude, welcome attention to Hong Kong stocks, concern of the capital market, Hong Kong stocks together for suggestions, seek the Hong Kong stock market tomorrow. Please to hkstock_biz@sina. Morgan Stanley issued a report to CNOOC (00883.HK) into the Hong Kong stock focus list, rated ‘overweight’, at the same time from the Haitian (01882.HK). CNOOC is one of the three major oil companies focus on the mainland, Chinese foreign oil and natural gas exploration and development. Morgan Stanley believes that CNOOC can benefit from the recovery of oil prices, expected to outperform the industry, due to its low cost, better dividend yield and limited risk of natural gas business. The line is expected, CNOOC has the ability to control costs, the group successfully reduced the overall cost from $41 a barrel in the first half of 2015, down to $35 a barrel in the first half of 2016. At the same time, cash costs fell from $15.3 a barrel to $11.7. Group for the first half of the fiscal year special dividend, assuming oil recovery, improve the financial situation, the dividend outlook positive trend. Group price is equivalent to 19.6 times 2017 forecast earnings, PBR 1 times, the prediction rate of return on equity from 1.3% this year to 5.2% next year, in 2018 and further increased to 13.5%, 2017-18 estimated annual dividend rate is respectively 3.1% and 8.3%. (both) to enter the Sina financial stocks] discussion相关的主题文章: