
The company engages in the exploration and production of crude oil in China.
The best Bull and Bear pitches based on recency and number of recommendations.
Read the most recent pitches from players about CNEP.
Recs
While some have continued to question NEP's financial reporting, the company has addressed those issues, and quietly been pumping and selling hundreds of thousands of barrels of oil and selling them at wonderful profit margins. They've also been reinvesting the millions of $ positive cash flow in productive new oil fields. No debt, great earnings, lots of cash on the balance sheet, growing asset base. At its current price of $2, it's selling for less than 2x trailing 12 mo earnings. I predict they'll make more than the current stock price in net income by mid 2013. That means getting all your money back in net profits in less than 18 months. Almost like getting the company for free.
Recs
Have taken $5m in questionable loans from shareholders and seem reluctant to start their announced buyback despite supposedly having $80m in cash.
Recs
The financial statements show $2.28/share on their cash assets, they acquired Mongolian oil fields at the beginning of the year, and they have been proven to be on the up and up after their major audit last year. I believe this little investment should make me a pretty penny.
Find the members with the highest scoring picks in CNEP.
bnkr0 (< 20) Score: +304.80
The Score Leader is the player with the highest score across all their picks in CNEP.
Top Pick |
Member Name |
Member Rating |
Start Date |
Call |
Time Frame |
Start Price |
Stock Gain |
Index Gain |
Score | Commentary |
---|---|---|---|---|---|---|---|---|---|---|
bnkr0 | < 20 | 2/26/2010 |
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1Y | $9.09 | -65.79% | +239.02% | +304.80 | 1 Comment | |
fastred55 | < 20 | 1/20/2010 |
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1Y | $9.65 | -67.78% | +231.51% | +299.29 | 0 Comment | |
TarpWatchdog | 99.17 | 12/14/2009 |
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5Y | $7.30 | -57.40% | +235.84% | +293.23 | 0 Comment | |
Superdrol | 44.54 | 10/5/2010 |
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5Y | $7.28 | -57.28% | +227.26% | +284.55 | 0 Comment | |
GoldDontGlitter | 96.99 | 12/7/2009 |
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5Y | $5.70 | -45.44% | +238.74% | +284.18 | 0 Comment | |
Rihanna | 89.58 | 6/14/2010 |
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3M | $5.50 | -43.45% | +239.94% | +283.39 | 4 Comments | |
vicpicks | < 20 |
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5Y | $5.67 | -45.15% | +200.67% | +245.82 | 1 Comment | |
Ironbob | 72.79 | 12/17/2010 |
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5Y | $5.32 | -41.54% | +202.25% | +243.79 | 0 Comment | |
Nick640 | < 20 | 7/2/2008 |
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3W | $5.30 | -41.32% | +202.17% | +243.49 | 1 Comment | |
sewie31 | < 20 | 3/10/2011 |
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NS | $4.99 | -37.68% | +186.79% | +224.47 | 0 Comment |
See what the Wall Street professionals think, according to their public statements and filings.