Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: Spekulatius who wrote (53634)	3/29/2018 6:29:32 PM
From: Spekulatius	Read Replies (1) \| Respond to of 78688

CHL @$45.6 - blast from the past. Business is growing in the mid single digits., but shares are almost back where they were 4 years ago. Decent 4.5% dividend yield and 1/3 of the market cap is (stranded) cash. Make no mistake, this is an utility run by the Chinese government, but it is reasonably well managed. The Chinese government sees this vehicle to improve the Chinese telecommunications and keep them affordable, so I can think this Limits the profitability, but the Government can’t push too hard, or it would bankrupt CHL two much smaller competitors. My guess is that CHL will continue to churn out single digit growth rates and maybe one day something with their cash. the latter is more like a free option.