Monday, February 06, 2012

CKI Holdings purchased

This morning I added a few more shares in CKI Holdings (HK:1038) to the portfolio. The diversified utility company offers very defensible earnings, a solid balance sheet and a reasonable dividend yield of just over 3%. While this may not be the most exciting growth stock in the financial universe, my expectation is that the earnings and dividend will grow over time.

I paid HK$43.35 for the additional shares.

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