Saw this company (Kunlun Energy Co. Ltd) on the news a few days ago and got curious about it...
I have done some research on the firm and found out that it is actually quite a Fundamentally Sound company, being the Biggest Gas Company in China!
Let's direct you to the 3 main articles i have seen and what we got there:
1) http://www.reuters.com/article/2012/03/29/idUSL3E8ES66Z20120329
Hong Kong-listed Kunlun Energy, headed by a vice president of PetroChina, has become a leading player in the sector. It builds gas liquefaction plants, operates LNG receiving terminals, trucks the fuel and builds LNG filling stations.
The booming trucked LNG business is now targetting the country's tens of thousands of trucks, city buses, river fleets and fishing boats as the next users, aiming for an ambitious 10 percent of China's transportation diesel market by 2015.
2) http://www.businessweek.com/news/2012-04-02/kunlun-energy-seeks-about-1-dot-4-billion-in-share-sale
Kunlun Energy ......
