[New post] DBS: China Mobile – BUY TP HK$68.60

alanyeo posted: " Company Update: Bargain sale Potential dividend hike not priced in; expect gradual increase in dividend payout ratio to 70% by FY23 Expect 5G penetration rate to reach 41% and 61% respectively in FY21 and FY22 for China MobileNew business is a ke" New post on Alpha Edge Investing DBS: China Mobile – BUY TP HK$68.60 by alanyeo Company Update: Bargain sale Potential dividend hike not priced in; expect gradual increase in dividend payout ratio to 70% by FY23  Expect 5G penetration rate to reach 41% and 61% respectively in FY21 and FY22 for China Mobile New business is a key growth driver for services revenue Maintain BUY with a higher TP of […] Read more of this post alanyeo | January 7, 2022 at 3:31 pm | Tags: China Mobile | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-7g6 Comment    See all comments Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://alphaedgeinvesting.com/2022/01/07/dbs-china-mobile-buy-tp-hk68-60/