PCCW - Armed with a Warchest, There Is a Potential for Stub Re-Rate

PCCW - Investment by Temasek, Hony, and Foxconn into OTT Business May Turn Stub Sentiment Positive

Holdco Updates: Close Cosco, Hold onto Hochtief

APAC IPOs & Placements

Zhen Zhou, Toh

Smartkarma

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<h2>Mean Reversion Complete for PCCW</h2><p>Ever since our insight on <a href="https://www.smartkarma.com/insights/pccw-discount-to-nav-close-to-2x-sd-near-set-up-level" target="_blank" data-smartkarma-citation="insights:5423">PCCW - Discount to NAV Close To -2x SD; Near Set-Up Level</a>, PCCW has reverted back to its mean. As its now trading in line with its 180D mean, it might be a <strong>good time to close the trade</strong>. The reversion was mainly driven by a larger magnitude fall in <a href="https://www.smartkarma.com/entities/874" target="_blank" data-smartkarma-citation="entities:874:1">HKT Ltd (6823 HK)</a> share price than in <a href="https://www.smartkarma.com/entities/873" target="_blank" data-smartkarma-citation="entities:873:1">PCCW Ltd (8 HK)</a>. HKT is down 5.41% while PCCW is only down 0.6%.</p><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/012/767/original/SK%20HoldCos%20-%20PCCW%20Ltd%20%288%20HK%29%20%282016-09-05%29.png?1473070258" class="editor-image img-responsive" data-smartkarma-image-id="12767"></figure><p><strong>Keep An Eye on OTT Performance in the Next Quarter<br></strong>OTT under-performance was the key concern…</p>

Mean Reversion Complete for PCCWEver since our insight on PCCW - Discount to NAV Close To -2x SD; Near Set-Up Level, PCCW has reverted back to its mean. As its now trading in line with its 180D mean, it might be a good time to close the trade. The reversion was mainly driven by a larger magnitude fall in HKT Ltd (6823 HK) share price than in PCCW Ltd (8 HK). HKT is down 5.41% while PCCW is only down 0.6%.Keep An Eye on OTT Performance in the Next Quarter OTT under-performance was the key concern…

PCCW Ltd

PCCW - Good Time to Close the Trade