Friday, February 21, 2014

CMOC purchased

This morning added CMOC (HK:3993) to the portfolio. The company's production guidance and subsequently issued broker forecasts provide support for my view that the company's shares represent good value at current price levels (one broker used the term "compelling"). I have also been influenced by watching the recent uplift in the Australian listed mining companies such as BHP, RIO and FMG.

I paid HK$3.08 per share.

No comments:

Post a Comment