Forummers,... let's discuss,...

First reported at 4.37 pm this evening by CNBC and subsequently updated within the same evening : https://www.cnbc.com/2019/09/04/hong-kong-e...-wednesday.html

The HSI soared by 4% in the afternoon following reports that a controversial extradition bill was set to be withdrawn. By mkt close, the HSI pared some gains to close at 26,523.23 points today giving-up 0.1% from the height of 4%.

On a personal basis for the counter that I'm watching,....

1) HSBC (0005.HK) rose by 3.5%, closed at 57.900 today. Opened at 56.000 this morning.
2) PCCW (0008.HK) rose by 0.7%, closed at 4.300 today,... but this counter opened at 4.300 this morning, hence, there was no real movement if we look solely at today's performance.
3) Public Finance Hldgs (0626.HK) rose by 1.7%, closed at 3.030 today. Opened at 3.010 this morning.

How about other counters, bros and sis ?

Tencent is cheap, considering its growth prospects.

You still watching instead of buying?

Come let me chip in.
ICBC bank (1398)
CK Infrastructure Holdings (1038)
CLP group (0002)
Greatview Aseptic Packaging Company (0468)
Hengan international (1044)
China mobile (0941)
Yuexiu Transport (1052)
Fortune Reit (0778)
Tencent (0700)

This is bascially my watch list. Some already vested. Some not yet. Waiting for more cash/still undecided to buy in or not/lower price.

This post has been edited by Ramjade: Sep 4 2019, 09:50 PM

Tq bros,...appreciated your contributions,...

Yes and No,.....

Yes, looks like I'm still watching because I got triggered today by all these news,... and No because, well,.. I have really not been watching closely,..

In fact, I never thought that this 'change' would come in that quickly,... guessed different countries have different environment,... I thought we would still have easily another few weeks to go before something major wld happen, ie in time for the 'national day' of the CCP on October 1st,...

Fortune REIT has moved up,... too late,..

So, which counter is for dividend and which is for cap gain ?

Fortune TP is at 8.5+.
All mostly for income. Cap gain not so much. Tencent cause I believe in Tencent and Alibaba.

Just off the top of my head,... for these two counters : China Mobile and ICBC,...

1) Payout is only twice a year.
2) There will be a 10% WHT on the dividend payout.
3) Payout base currency will be in RMB. Tendency now is for the RMB to weaken further,... hence, your dpu collected will be affected negatively.

Any opinions to the above ?

Sometimes you cannot run from dividend WHT. With vast area (china still have plenty of rural area) and China mobile being monopoly, no debts, and china people using alipay and wechat pay, mobile for them is a necessity. Not invested yet but planned to. Hope won't be like sinktel.

Dont discount PLA action completely. Can still happen. The ball is now in the demonstrators court. HK govt has shown willingness to compromise. If demonstrators become stubborn n get worse then there is now more justification for drastic action.

China Mobile's Net Profit Growth and EPS Growth has been negative except for FY2017. You think this will improve later ?

Not sure. I am hesitant to invest in China mobile because of Sinktel.

I agree,... let's wait for further actions from the protestors to reverse the HSI,... then the boat will come back again,..

I learnt my lesson from Starhub,... I should have sold when the IDA announced that a licence has been awarded to TPG for the fourth mobile operator rights in SG.

Having said this,... I think I will stop monitoring on PCCW too,...

Telecommunications stocks only make sense in a large market. China, US, Russia, India, Australia and Indon. With large area, there are many unnerved place. The one with the best signal will nett the market for rural area.

That's why I looking at China mobile. Still have hopes for Sinktel.

This post has been edited by Ramjade: Sep 4 2019, 11:14 PM

I can't agree with the above. I invested hard into the ASX, and into Telstra because Telstra has always been a 'dividend darling' with the moms and pops of Australia. But Telstra is having lots of problems in Australia, and had to cut its dividend payout.

After this happened, the sp plunged,... I had to cutloss.

In terms of coverage and size,.. Telstra is the 'China Mobile' of Australia,... so, a large mkt is not always healthy for a telco. We need to compare across the mkts that we invest into.... and to draw experiences from inside to help us decide in other jurisdictions.

Might pull the trigger on HSBC tomorrow

Five years profit margin shows not bad.
https://www.aastocks.com/en/stocks/analysis...os?symbol=00941
Dividend payout also decent at about 50% mark.
One year of negative cash flow

This post has been edited by Ramjade: Sep 4 2019, 11:44 PM

For a telco company after my experiences with Telstra and Starhub,... I wouldn't look at the Dividend Payout Ratio (POR) nor sustainability anymore,... I'd look at the very bottomline first : NET EARNINGS TREND,...

I'd prefer to look at this section instead of yours in the above : https://www.aastocks.com/en/stocks/analysis...ry?symbol=00941

Ok bro,... 400 units minimum purchase, per lot size of 400 units for 0005.HK... don't miss this,...