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$CNOOC (00883.HK)$ 9.86 on 24/6 closed. Crashed 20% in 2 wee...

$CNOOC(00883.HK)$ 9.86 on 24/6 closed.
Crashed 20% in 2 weeks. Good bargain hunt now. Crude oils still trading above 100. Dont wobble on good quality company.
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  • 昇禄 : Yes, need to watch out for price cap on Russian crude though. Cnooc latest reported result has oil price at $97, as long as oil stays above, Cnooc profit will continue to rise and hopefully dividend will increase too.

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