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blacktuna

China Mobile - Still looking good

Started Apr 09 at 1:58 ET (By blacktuna)

Symbols: CHL

After the recent rough patch, I'm revisiting my opinion on China Mobile and still loving this company.
After weighing the pros and cons of the Chinese economy one can't avoid the simple realization that this is a great investment.
A 320 billion company with 37% quarterly earnings growth... ehh.. what??
Great performance from this stock that can only come from their endless resource of new customers picking up a cell phone for the first time, and when then do, 80% of the time, it's a china mobile phone... who needs value add services when you have 400 million potential customers over 16 that still don't have a phone!!
I'm staying parked in this position for a long while, no doubt!

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