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Full Version: China Hongqiao Group (1378)
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Mining stock trading at just 3.4 P/E , 18% discount to book value, yielding a decent 6.7% and 50% cheaper than IPO price
what is so special about this S-chip?
there are many others with low P/E, super discount to NAV, etc
sold today at 4.50 with a 12.50% gain.
No opinion here, but remarkable >+40% up currently after trading halt.
Announced on 27 Oct , Latest Profit up 85% . Dividend 27 cents plus 20 cents bonus = 47 cents compared to 15 cents paid last year.