atans1

HPH Trust: Time to buy?

In Infrastructure on 25/04/2013 at 6:27 am

Is it worth a buy? HPH Trust has fallen 4% since the strike in HK. Its handling capacity is back above 80%, having fallen to below 50% when the strike began. But the gap between oits wage offer (7%) and the strikers’ 20% demand, is big. And even its 7% offer adds 4% to total costs calculates CLSA.

And there is China’s slowdown and competition.

Nah let’s wait to see the terms of the settlement. Remember buy this for yield, not capital appreciation.

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