CNOOC is a Hong Kong Oil & Gas 8.78% Dividend Play

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The moving average has been sloping down with the price, however I think we finally are seeing buyers re-enter this battered Hong Kong Energy play
Target Price is $130

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ملاحظة

I forgot to add how good the cash flow is:
P/FCF 2.89
And the Debt/Eq is 0.33 which is incredible in this sector.