Yesterday I added 6 lots of CMH to my SRS portfolio.
China Merchant Holdings is an investment holding company that operates tollroads in China. The company has a long history, established since 1981 in Singapore and its parent is listed on Hong Kong Stock Exchange (SEHK: 144).
I last mentioned CMH in a blog post on 18 Sep 2012. At that time, CMH was trading at 71.5c, versus my entry price of 88c yesterday. I have lost “23% upside” by not taking action earlier, somewhat similar situations to the many good quality stocks which i have spotted in the past, hahaha, including Hutchison Port which is in the same post @ 90.5c (now trading at 1.055c). ^_^
The Company has committed to pay out at least 5.5 Singapore cents (if i remember correctly) each year and that translate into a yield of 6.25% based on …