Added M1.
At $2.95 currently, PE 15, 6.3% dividend yield, its looks at fair value. I am also cautiously optimistic that M1 will get its fair share of the smart nation project. Personally I find the fears of the 4th Telco overplayed. Essentially I view M1's growth narrative optimistically and I still have faith in its economic moat over its current biz and market share. Hence I decided to add this to my portfolio. Of courses, there are risks. I am taking a calculated risk.
My portfolio now comprise:
1. China Merchant Pacific
2. Naratel
3. TTJ
4. Sports Toto
6. Saizen
7. Accordia
8. IREIT Global
9. M1
No comments:
Post a Comment