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China Aviation Oil
22-06-2017, 10:55 AM.
Post: #41
RE: China Aviation Oil
If you read Chinese, look at the orders for C919!

http://www.sohu.com/a/149122578_498808
http://www.comac.cc/xwzx/cyzx/201706/13/...8729.shtml

Wink

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31-07-2017, 02:55 PM.
Post: #42
RE: China Aviation Oil
Hi,
    anyone concern with the increase of receivables every quarter?
    Q1 792mil
    Q2 996mil

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31-07-2017, 11:33 PM. (This post was last modified: 31-07-2017, 11:38 PM by vingaard.)
Post: #43
China Aviation Oil
If you look at Q3 2016, receivables was also around this level.
Further, if you analyse the quarterly results, you will see that the amount of payables closely match the amount of receivables.

My guess is that the receivables and payables represent the size of their open positions in oil trading. If I'm wrong, someone please correct me.


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19-06-2018, 04:49 PM.
Post: #44
RE: China Aviation Oil
Proposed Disposal of Associated Company - China Aviation Oil Xinyuan Petrochemicals Co., Ltd

China Aviation Oil (Singapore) Corporation Ltd announced it's intention to dispose its entire 39% equity in China Aviation Oil Xinyuan Petrochemicals Co., Ltd.

As a subsidiary of China National Aviation Fuel Group Limited, a state-owned enterprise of the People's Republic of China, the Proposed Disposal will be made by way of a listing-for-sale through China Beijing Equity Exchange which is an approved equity exchange, in accordance with the relevant laws and regulations of the People's Republic of China concerning the disposal of State-owned assets.

An announcement in relation to the Proposed Disposal will be made by the Company as soon as practicable after the completion of the Listing-for-Sale.
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Specuvestor: Asset - Business - Structure.

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