Stockchase Opinions

Mark Grammer China Petroleum & Chemical Corp. SNP-N BUY Aug 13, 2007

2nd largest distributor and manufacturer of petroleum products in China. Have the biggest market share on the retail side. Had a major find in China. 3% dividend.
$96.020

Stock price when the opinion was issued

integrated oils
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

PAST TOP PICK
(A Top Pick August 16/05. Up 25%.) This stock should do very well once there is de-regulation in the refinery business in China which is due in the next year or two.
TOP PICK
There is risk with China, but this is a company that is well positioned for the future. It is the biggest oil/gas downstream play so they have a lot of retail with a 70% market share. They have the upstream oil as well. A good long-term profile.
PAST TOP PICK
(A Top Pick (A year ago?) Up 21%.) Long term prospects are very good. Earnings are coming out in March and he feels they will be better than expected.
DON'T BUY
When you are in the refinery business in China, you are losing out because they are unable to pass price increases down.