China Telecom Corp Limited (ADR) (NYSE:CHA)
The Company and its subsdiaries, are engaged in the provision of wireline telecommunications and related services.
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One word, Iphone
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Much room to fall, overextended...
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Telecommunication is big business. The US is way ahead of China with this technology, business wise. Think of the number of accounts for cell phones for example, China litterly has a potential for BILLIONS of new customers! I am excited to be a shareholder in CHA. Get on board, the train is leaving the station!
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StockTA.com screen
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Fair Value of this company is according to my valuation 75 USD
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Long term play
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This will take some time to regain momentum but I believe it will....telecom in China is as big a business as it is its population....long term buy
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china stock
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Telecommunications in China. How did I not find this one earlier?
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Great long-term pick. The near future? Not so sure.
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Riding the emerging market theme, China's middle class is expanding, as is the use of cell phone and other technologies.
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China and Telecom.... valuation does not really matter, for now.
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This stock will rise to around $80 then fall back down. Good buy price is around the $70 mark.
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so much to say. Say it over the phone.
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Great stock, Great company. A state validated monopoly. China Telecom will outperform the market for sure.
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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.
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While the Chinese get Richer, so will there stocks.
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State sanctioned monopoly? Yes please!
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