Mr. Zhao

Should We Buy the PetroChina Stock Buffett Sold?

All of you seem to be forgetting that PTR deserves a multiples premium because of its status as a MONOPOLY. I'm fairly certain that the price control on gas is a temporary measure that will be loosened in the long run as China's inflation eases. Further, PTR refines mostly its own oil. PTR is a much better buy than SNP.