I hold some shares bought through Schwab. With the delisting of the stock, what do I do with my shares? Do I have to sell? I'm confused what happens when a company's stock is being delisted. Please explain the consequences or options to this newbie. Please no snarky or insulting comment. I'm honestly trying to learn.
P
Congratulations to our CEO, Adam Grossman for being named One of the Top 25 CEOs in The Healthcare Technology Report. #ADMABiologics #leadership #IVIG #plasma #CEO #innovation #healthcare https://lnkd.in/gvhh_it
Bullish
O
HKSE will benefit from this. The fundamentals for shipping and offshore oil and gas are positive this year. Accumulate on delisting price decline. This will flip upwards in April-May.
J
the delisting won’t change much for the majority of shareholders. CEO just won’t be listed on NYSE but they will keep trading on OTC market. thats it. you can trade them just like any stock. unless your broker does not allow otc. i’m from europe an i can even trade otc so no worries.
R
Careful! More Chinese if not all interlisted china stocks may be added to the trading ban list.
W
BEIJING/SINGAPORE (Reuters) - Chinese offshore oil and gas major CNOOC Ltd said on Thursday it plans to raise its capital spending this year to 90-100 billion yuan ($13.93-$15.48 billion), the highest since 2014, as it prioritises domestic drilling and steps up natural gas development.
This behemoth is rapidly growing. $200+ a share here we come...
S
Will the new government considering revoking the delisting and allow exchanges to list again ??
A
After a lot of reading on CNOOC pertaining geopolitical between USA and CHINA i can say the following:
1- US sanctions only target CNOOC drilling activities in south china sea.
2- Sanctions does not impact any joint venture that CNOOC has with other partners
3- Sanctions does not impact any CNOOC commercial activities
4- The delisting of CNOOC has very limited impact since 98% of shares are traded in HK
5- The size of the ADR is only 2.3% of outstanding shares
6- The parent company owns 65.1% of the shares after recent shares buyback in dec 2020
7- CNOOC bottom line on net revenue and earnings will not be impacted
8- Upstream production is not impacted
9- There was some news about sanctions on selling equipment for drilling. China has a lot of technology and know how and all equipment for drilling and upstream production outside south china sea is not included in the sanctions
10- Conclusion: US response is geopolitical and has no financial and material impact on CNOOC.
Bullish
K
So...can we buy this stock while it is on the pink sheets? Hey, I am Canadian. Looks like a viable company to me. How about if I buy 5 million shares @ .0001?
A
CEO traded at an average of 110usd throughout the pandemic. The stock did not reflect the rise in oil price from 35$ to 57$. The adjustment in the stock price is eminent. Short term target is 115$ and then 140$ and higher when geopolitical issues are resolved. This is the most undervalued oil stock in the world so don’t miss this opportunity.
Bullish
A
Loose hands only sell at this price. The stock will edge much higher after the delisting as it has no more impact on the stock price - Already priced in. With PE < 8 and div > 8% it’s a great buying opportunity. Just compare to peers like TOT and RDS with negative earnings and low dividends. It’s clear to me if you sell you lose and if you keep you shares or buy more you are a winner in the long term.
Bullish
H
Looks like a solid stock.
W
It's unfortunate that so many US individual investors sold in panic and with a complete lack of sophistication about how markets work. CEO is a great investment. I bought most of my shares for under $90 and expect to double my money within 2 years while getting a great and growing dividend. Just a few simple facts. 1- The US is not the only country where shares are traded. 2- The Chinese economy will pass the US economy within the next ten years 3- CEO is probably the strongest energy company in the world based on its balance sheet and income 4- Energy is the place to be for the next few years at least. Just my 2 cents..
A
CEO continues to trade on NYSE which is good news for investors who own and wish to hold the stock. the delisting targeted major indices which was a tiny fraction of total shares outstanding < 2%.
Bullish
A
CNOOC trade in HK mainland china. Chinese funds are adding positions so there is a rotation of wealth. I see 60-70% upside move to the stock price once the news has been digest by investors. The pop that we saw over a week ago is just the beginning.
Bullish
Y
0883.HK is up 7.00% to 9.32
O
This is great for HKSE and owners of CNOOC on HK exchange. From now on any interest in this company can only be bought through HK. haahaha great.
E
not familiar with CEO, is this one still on the investment BAN list? saw it will get removed from several international fund, so it will further tank from here? US market just too expensive right now, this one can stand out easily but the political is so uncertain at this point, any thoughts of what the new administration is going to do?
A
As you hear US equities are very expensive while Chinese equities are undervalued CEO (CNOOC ADR) will benefit as non US investors will poor tons on Money into the Chinese market.
Bullish
A
For your information there are 10.5M ADR shares of CNOOC and whoever wanted to sell already done so since the news of delisting broke beginning of dec 2020. The remaining shares are traded in HK China. One should not expect more sell off of the stock because most of shares already swapped hands and now non American buyers are on the rise. Once the news has been digested the stock will certainly catch up to peers which are now trading at double multiples P/E. The price of shares in HK china will adjust much higher with massive buying of this undervalued oil gaint.
#ADMABiologics #leadership #IVIG #plasma #CEO #innovation #healthcare
https://lnkd.in/gvhh_it
they will keep trading on OTC market. thats it. you can trade them just like any stock. unless your broker does not allow otc. i’m from europe an i can even trade otc so no worries.
This behemoth is rapidly growing. $200+ a share here we come...
1- US sanctions only target CNOOC drilling activities in south china sea.
2- Sanctions does not impact any joint venture that CNOOC has with other partners
3- Sanctions does not impact any CNOOC commercial activities
4- The delisting of CNOOC has very limited impact since 98% of shares are traded in HK
5- The size of the ADR is only 2.3% of outstanding shares
6- The parent company owns 65.1% of the shares after recent shares buyback in dec 2020
7- CNOOC bottom line on net revenue and earnings will not be impacted
8- Upstream production is not impacted
9- There was some news about sanctions on selling equipment for drilling. China has a lot of technology and know how and all equipment for drilling and upstream production outside south china sea is not included in the sanctions
10- Conclusion: US response is geopolitical and has no financial and material impact on CNOOC.