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Published Thu, Mar 1, 2018 · 09:50 PM
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China Aviation Oil (S) Corp | Buy Target price: S$1.98 March 1 close: S$1.51 DBS Group Research, March 1
We continue to like China Aviation Oil (CAO) given its monopolistic position as the sole importer of bonded jet fuel into China, and for its 33 per cent stake in the exclusive jet fuel refueller at Shanghai Pudong International Airport.
It also has a growing international jet fuel supply an…
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