Jim HuangDaylight Energy LtdDAY.TOHOLDJul 13, 2011
Pretty high dividend payout after converting from a trust. Good package of assets that is balanced in liquids and natural gas. Good management. Operational results still need some improvement, which will take time.
(Top Pick Jan 27/11, Up 7.62%) was taken out by a Chinese company. Didn’t predict it but clearly it was the smallest of the group. There will be more of a trend of this happening.
Being acquired by Sinopec International. He has tendered his holdings. When is a bid on the table and not likely to have counter bid, take the money and run.
Stock shot up when Sinopec Int made an offer to purchase at $10.08. If you own, he would suggest you take your money and run. There are still some regulatory hurdles.