1310 HK

HKBN Ltd

TMT


Presented:05/21/2020
Price:HK$13.06
Cap:$2.21B
Current Price:HK$3.09
Cap:$0.52B

Presented

Date05/21/2020
PriceHK$13.06
Market Cap$2.21B
Ent Value$4.02B
P/E Ratio116.19x
Book ValueHK$5.37
Div Yield5.59%
Shares O/S1,311.60M
Ave Daily Vol2,987,585
Short IntN/A

Current

PriceHK$3.09
Market Cap$0.52B
HKBN Ltd. is an investment holding company, which engages in the provision of fixed telecommunications network services. It also provides residential fibre broadband services; wireless fidelity access; communication, entertainment, and cloud solutions; and administrative support services. The company was founded on November 26, 2014 and is headquartered in Hong Kong.

Publicly traded companies mentioned herein: HKBN Ltd (1310 HK), HKT Trust & HKT Ltd (6823 HK)

Highlights

The presenter is long shares of HKBN Ltd (1310 HK) due to his bullish outlook on internet infrastructure. HKBN was founded in 1999 by CEO Ni Quiaque Lai. He describes the company as unknown relative to its high quality and highlights the attractive risk/reward setup on the back of strong market dynamics and growth runway. 

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Idea Discussion

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