Investment Switch: China Everbright Water → Guangdong Investment
Guangdong Investment generates 75% of its revenue from Hong Kong's water supply, offering a stable 5-6% dividend yield. Given Hong Kong's dependence on this resource, the business holds a strong moat. As a Singaporean, I appreciate the critical value of water infrastructure.
I recently divested my position in China Everbright Water (realizing ~SGD 20k profit). Although it previously yielded 7-8%, recent results indicate a compression to 5-6% TTM. For a small-cap stock, this dividends yield no longer justifies the risk premium.
Consequently, I have initiated a long-term position in Guangdong Investment. The water utilities sector continues to be a solid choice for income-focused investors.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Open | 7.57 2,000 | +1.06% Holding |
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- catandbull·03-02 10:05Smart move! Water utilities rock for steady dividends. [强]1Report
- KSR·03-02 10:14👍LikeReport