China Merchants Holdings Pacific

[greengiraffe]

Seems like the red carpet is being rolled out for President Xi's upcoming visit to the lion city...

97.5/98

Vested
Core 
GG

I thought it is due to the reduction of interest rate, but since CMPH already has "low" interest rate, not sure if the benefits is significant

whatever it is, doesn't really matter.

CMP is below NAV as the controlling holder mopped up the rights not taken up @ $1 for the acquisition of 3 toll roads.

CMP has grown and liquidity has improved. 

It will be a matter of time when CMP will be ready for dual listing on HKSE.

Given the strong commitment by CM HJ, dividend is likely to be maintained and it has a proven track record of more than 10 yrs. 

With the focus on "One Belt, One Road", there is no other direct alternative on SGX. Even angmo MIIF oso exited liao so we have to place our trust in our Comrades.

Vested
Core 
GG

http://www.valuebuddies.com/thread-36-po...#pid121299