2016 Names Not Trades and a Tough Energy Environment (And Other Recent Visits)
I outlined my 2016 quick takeaways from visiting clients, ex-clients and friends prior to the break (2016 A year of Reckoning, 23 December 2015),...
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Oil Price Outlook: All Signs Point to a Brutal Near-Term and a Meaningful Long-Term Recovery
Although we continue to believe that crude oil prices are well below the levels required to incentivize sufficient investment to meet demand beyond...
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ENN Energy (2688 HK): Regulatory Precondition Satisfied
Nine months in, the regulatory precondition was finally satisfied. Based on several methodologies, I estimate a realistic offer value of HK$78.53...
515 Views
ENN Energy (2688 HK): Our Latest Assessment Remains Positive
ENN Energy announced that the filing by ENN Natural Gas to the Ministry of Commerce has been completed, marking another step towards the...
577 Views
ENN Energy (2688 HK): Chipping Away at the Precondition
NDRC approval suggests that the precondition will be satisfied. The appraised value (HK$80.00) is a key sticking point. I estimate a realistic...
769 Views