Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul Senior who wrote (42609)	5/12/2011 9:44:15 AM
From: Spekulatius	Read Replies (1) of 78817

re CHL- I do think that CHL should not be compared to Chinese RTO. CHL's positives are that it is listed in HK and pays a decent dividend. It is the flagship Chinese company in he wireless sector. Having said that, the government does have a heavy hand into this. They forced (my interpretation) them to use an inferior Chinese standard for 3G which gave the competition a leg up, imo. They also have a stake in a Chinese bank: Message 26562572 However the value of the bank stake is fairly small, compared to the EV of CHL. For me the interesting angle with CHL to have a growing and purely domestic business with utility like economics that obtains it's revenues in RMB. I expect to see a 5% annual tailwind on CHL value solely based on slow RMB appreciation.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next