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CPWIF - China Power: Solid Performance Delivered In 2019
China Power Intl Dev Ord
Investment Thesis
In my last article on China Power International (CPWIF) dated 18th September 2019 titled "China Power Int: Get Paid 7.4% Whilst Waiting For Value To Be Unlocked", I asked if the stock offered good value or if it was a value trap.
During this market drawdown, on paper, it should be an even better value proposition.
Based on well-known and often used assessment matrixes such as Price/Earnings, Price/Book Value, and dividend yield, the company is looking very attractive. They could even be categorized as a growth company.