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CVE:CC - CK Hutchison: 7% Yielding Value Trap But We Bought Some
June, 29 2024 03:27 PM
Cenovus Energy Inc.
2024-06-29 15:27:43 ET
Summary CK Hutchison Holdings Limited is a Hong Kong conglomerate with operations in 50 countries and four business segments. China is a tiny fraction of the total business. The stock has been on a long slide down and that has pushed the yield up to 7%. We think it is a value trap, but we bought some anyway. Note: All monetary values are in Hong Kong Dollars unless noted otherwise
The Conglomerate For further details see:
CK Hutchison: 7% Yielding Value Trap, But We Bought Some
Stock Information
Company Name:
Cenovus Energy Inc.
Stock Symbol:
CVE:CC
Market:
TSXC
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