762 trade ideas
China Unicom: Too cheap to ignoreWhen 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.
A good 5G Telco play in ChinaRead latest news here
Wait for the pull back (maybe it will close the gap) and see it fly higher up. Those who get in now are riding on the 5G technology which China is way ahead of any countries in the world.
