I'm Vested interest through my wife portfolio At one point of time, both me and I owned the counter, but I cut my stake to reduce over-exposure. If we take 8.25 cents dividends, the yield is 12%, Mr market is not that inefficient, the odds are very high that it will not be sustained. 2 years ago, I blog about APTT. It has 3 growth areas. Taichung as a new franchise area, organic growth through cross-selling. Cross selling suppose to add rev through more broadband and/or prenium digital TV. This is their projection. If u look at Q3 results, althought in terms of number of subscribers, they deliver some results, but that is offset by the lowering of ARPU. Poor pricing power=low moat Taichung provisional license is obtained for a year already. In their last webcast presentation in 2014, they expect contribution from Taichung to only show ......