StubWorld: PCCW's Premium To NAV Is Unsustainable
PCCW has an attractive yield. But that's about it. A 4% premium to NAV is unsustainable. I'd reverse the stub here - short PCCW, long HKT.
482 Views
StubWorld: Rumoured Interest In PCCW's Fibre
A 7% premium is unsustainable for this holding company structure. Reverse the stub here. If Hong Kong fibre is in vogue. perhaps it might be...
397 Views
Tactical Trade Idea – I-Cable (1097 HK, NR) The Underlying Value of the Pipes and Ducts
There are news reports that the privately owned HGC, which currently operates one of HK’s fixed networks, may make an offer to acquire HKBN (1310...
153 Views
HKBN Ltd (1310 HK) Mulls I Square's HGC Offer
Pricing here is not compelling. This is a steady business and a decent yield. HKBN could attract interest from PRC companies or government-backed...
476 Views
Wharf - Cui Bono?
Wharf Holdings Ltd (4 HK) touched an all-time high (+13.95%) yesterday after announcing the listing of its Hong Kong investment property (IP) is at...
418 Views