In terms of investments, CK Hutchison (0001.HK) will probably go down as one of my poorer investments.
I got it at $85.90, $87.65, $81.25, $80.60, $82.90, $76.40, $67.90, $55.45. Based on cost, this is one of my largest position. It may go down as one of my biggest mistakes.
CK Hutchison or CKH for short is the listed flagship company of Li Kar Shing. In 2018, he step down from the company, handing the reins over to his eldest son Victor Li.
Victor Li manages CKH together with the best-paid employee in Hong Kong Canning Fok and Frank SIXT.
CKH this week together with their sister companies CKI, CKA, and Power Assets announced their full-year results.
In terms of key metrics this is how it lines up:
Share price: HK$49.60Total outstanding shares: 3.8 billionTotal market capitalization: HK$188.5 billionEnterprise Value: HK$395.5 billionNet earnings attributable to shareholders: HK$39.9 billion