ASIANENE \u2014 Recent Activity

Shandong Molong (SEHK:568) Losses Worsen, Challenging Bullish Value Narratives Despite DCF Upside

Shandong Molong Petroleum Machinery (SEHK:568) has seen its losses widen by an average of 6.5% per year over the past five years, remaining firmly unprofitable. Despite trading below its estimated fair value of HK$7.22 at a current share price of HK$4.2, the company has a Price-To-Sales Ratio of 2x. This is ahead of both the Asian Energy Services industry average of 1.2x and the peer average of 1x. While this suggests potential upside according to discounted cash flow estimates, investors...

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Asian Energy Services secures $100m integrated service contract from Vedanta

The order, which includes field development and O&M services, will be executed over a period of 57 months.

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