Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
00135 KUNLUN ENERGY
RTNominal down7.220 -0.010 (-0.138%)
Others

05/10/2018 17:05

[I-bank focus]CS raises Kunlun Energy (00135) to HK$11

[ET Net News Agency, 5 October 2018] Credit Suisse lifted its target price for Kunlun
Energy (00135) to HK$11 from HK$9.5, and maintained its "outperform" rating.
The research house said the new Russia gas supply commencing in December 2019 will
induce gas demand in Northeast provinces beyond 2020 - particularly heating demand where
current penetration is low. Kunlun should benefit from the increased gas supply sources
into the region and ride on our estimated 19% CAGR gas demand over 2020-25.
Credit Suisse said its sensitivity analysis suggests 1.2/6.4bcm of incremental volumes
to Kunlun by 2020/2025 and brings in Rmb0.2bn/1.3bn of incremental net profit by
2020/2025. It lifted its 2019-20 EPS forecasts by 1-3% as we factor in higher volume from
the new Russia gas supply. (KL)

Remark: Real time quote last updated: 19/03/2024 18:00
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2024 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.