In 2018, I spotted a telecom operator that has in excess of a 10% free cash flow yield. So I took a look at it.
Till today, I could not increase my conviction in this stock due to the limited information that I could uncover about the business.
It is not a very sexy business and I think in recent years, not many folks would touch it due to the challenges in the industry.
My posture has always been to let the company’s result tell me if I was wrong, or that I was cautiously right. The world is different today, but the share price is not too far off from where I first pick it up
A Brief Introduction to Citic TelecomCitic Telecom (stock code: 1883) was established in 1997 and listed on the Hong Kong Stock Exchange in 2007.
The company provides a whole assortment of telecommunications
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