When momentum stocks are running a little too hot, it is always good to take a look at some value names. China Unicom is so cheap that I had to double check the figures to be sure:
-> 0.47x P/B, c.-2x standard deviation -> c.7.9% forward real earning yields, -2x standard deviation -> EV/EBITDA of 1.5x , -2x standard deviation
it pays a divy yield of 3% and the price trend has turned positive.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.