Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (26943)	4/5/2005 6:28:32 PM
From: RealMuLan	Read Replies (1) \| Respond to of 116555

[seems a good thing for China loses the bid for Unocal<g>]--"However, analysts say these benefits would come at a prohibitive cost. One European investment bank says Unocal's enterprise value per barrel of oil equivalent at current market prices is about $10.55. This was compared with the US$1.98 EV/BOE CNOOC paid for its stake in Australia's Northwest Shelf gas project, and US$0.98 EV/BOE for raising its stake in Indonesia's Tangguh LNG project last year. The same bank has a price target for Unocal of just US$35 per share. " news.ft.com