Is PEXNY.PK a buy? - Seeking Alpha

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Company Description

Currently, there's no company description for PEXNY.PK.

Sector: Basic Materials

Industry: Electric Utilities

Country: United States

Monday, July 16, 2012, 3:14 AM Thai energy company PTT extends for the third time its $1.9B offer for Cove Energy, but doesn't sweeten the terms; today is the deadline for PTT and rival suitor Shell (RDS.A) to make their final bids or else begin the first formal takeover auction for a listed British company since 2008. (previously) Comment! [M&A, Energy]
Thursday, May 24, 2012, 3:27 AM Shell (RDS.A) extends its $1.8B offer to acquire Cove Energy (CNVGF.PK) to June 13, after Thailand's PTT Exploration came in with a higher $1.9B bid yesterday, sending Cove shares +11.2% in London to 249p, above PTT's 240p/share bid. Some expect Shell to pony up as much as $2.5B; Shell plays coy - it's "considering its options and will make a further announcement if appropriate." (previously) Comment! [M&A, Commodities, Top Stories]
Wednesday, May 23, 2012, 3:29 AM Thailand's PTT Exploration and Production trumps Shell's (RDS.A) bid for Cove Energy (CNVGF.PK), offering £1.22B ($1.9B) for the Mozambique-focused explorer. Cove's management says it now backs PTT's bid, with the reversal coming just hours ahead of a deadline for investors to accept Shell's $1.8B offer. Shell -1.2% in London. Comment! [M&A, Energy, Top Stories]
Tuesday, November 23, 2010, 7:42 AM Thailand's PTT Exploration (PEXNY.PK) will pay $2.3B for 40% of Statoil's (STO +1.3%) Canadian oil sands project, marking Thailand's first entry into Canada's lucrative oil sands. Comment!

PEXNY.PK Ptt Explor & Prod Pc