China Telecom Corp Limited (ADR) (NYSE:CHA)

CAPS Rating: 3 out of 5

The Company and its subsdiaries, are engaged in the provision of wireline telecommunications and related services.


Player Avatar KatWoman50 (< 20) Submitted: 10/3/2007 4:24:37 PM : Outperform Start Price: $68.77 CHA Score: -42.08

Think AT&T 30 years ago. Dividend paying government controlled monopoly. This is the stock our spinster Aunties would have had funding their retirements.

China is quickly becoming modernized and communication is the #1 requirement for a modern nation. Well.... maybe transportation is #1 and communication is #2... of course, energy's in the mix too. Anyway, communication is essential and in this age, tht means wireless, not open wire strung on fenceposts.

Not cheap at $79.26 (10/3 close) but it's a 5% dip and P/E is only 16 so time to jump in.

Report this Post 3 Replies
Member Avatar darkflame (97.45) Submitted: 10/15/2007 7:40:43 AM
Recs: 0

That was a good pitch, comparing CHA with AT&T 30 years ago. I'm just scared of the valuation, now it sits on a P/E = 20.Check PT (and my pitch also). It's a portuguese telecom who doesnt show off much, its sounds like a blue chip but it's actually a growth stock growing in Africa and South America. A growth stock valued as a a blue chip, how sweet could it be ? Would be cool to exchange ideas about telecoms :-)

Member Avatar KatWoman50 (< 20) Submitted: 4/25/2008 1:33:45 PM
Recs: 0

POSTED AT 4/25/2008 The stock CHA has paid out a dividend of $1.091. The starting price for your pick has been adjusted to $77.75

Member Avatar XMFCinco (29.99) Submitted: 5/11/2011 9:53:52 AM
Recs: 0

I'm trying to think 30 years ago, but instead I keep getting this "Big Brother" communist image in my head and I realize that the Chinese government is really different from the United States government. Not saying you're wrong, in fact I kind of like Chinese phone companies, but I'm not sure it's comparable to AT&T. Even if the chinese government is trustworthy, just the idea in people's minds that it might not be could affect the stock price (maybe it has, seeing as its down from when you picked it, although that was 2007...). I guess in that scenario the stock could actually experience a bigger, sharper boom if it makes a lot of profit or seperates from the government, or something like that?

Featured Broker Partners