Bad news are good news.

Analysis:
A recent news "U.S. sanctions China’s CNOOC on drilling in disputed South China Sea." ---- Such news caused CNOOC (883) plummet for 20%.
Margin positions shall be all kicked off by such volatility .

Entry:
$7.6 a share could provide 10% dividends to stock holders, according to the record, so it would be a good pick.

Target:
We look for $8.6 (The median of Monday price) or $9.4 within a month, and hitting $12 within a year.

Kommentar:

After this trade, we have learnt - we should add a stop loss for every trade.
For this deal, $7.3 (0.1$ lower than the previous low) should trigger stop loss.
Managing the risk in such way.