PetroChina Company Limited (ADR) (PTR)
The Company is engaged in a range of petroleum-related activities, including the exploration, development, production and sale of crude oil and natural gas, and the refining, transportation, storage and marketing of crude oil and petroleum products.
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China. Oil. Seems a natural combination for success. They've had a good run for several years now. I would not be surprised to see a pull-back (already has from 140), but I think it will continue upward over the next few years.
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Industry and country are excellent
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Guaranteed success from the land of State sanctioned monopolies.
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China Oil
China is drinking and chugging oil.
10 year hold
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Oil is up!
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With the 10% correction in the China Market, I feel I'm getting Petrochina at a bargain price.
If Warren Buffet likes this company, I do too.
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China is gearing up to supply their own oil. Company is growing quickly.
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Jesus. Everytime I look at this stock it goes up 3%. Maybe I should invest IRL and come back to my desk every 15 minutes and refresh the page.
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Cramer, China speculative, oil
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Oil isn't going down
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Chinese Oil and gas/chemicals/etc bought in at 133.24 today and more at 131.15 after hours
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Buyin China through Olympics
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China economy will recover quicker than the rest of the world and Petrochina will be there to provide the energy
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With a low PE, tremendous growth and a constant supplier of oil and gas to China, this is a winner. Should rise over 300 by end of 2008 especially as inflation takes over the world as the United States and others devalue their currencies.
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china growth
stock growth
govt ownership = can't fail
value (P/E 15, rev growth high 20s, inc growth 20s til last year (10)
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China is developing and oil is a necessity. A country with 1.3billion in population, and growing, isnt that a good rationale? Imagine a 1% increase of millionaires annually, thats 13 million people. And if these 13million people each owns a brand new car, then......you know where I am getting to, right??
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I'll rate this 'outperform' for now until is it once again proven that government run oil industry does not work. Only outperform now because the central goverment artifically set the price higher.
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8.88% plunge in China stocks ... there will be overselling of even the good companies like PTR ... so great buying opportunity!
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China will continue to grow internally and in global reach and influence.

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