Is this a blue chip?

By Anonymous Questions, August 13, 2012

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just found one blue chip :-) if I’m right.

NASDAQ:CTEL

can you help me with your research on my assessment before I engage in buying this one they have hefty DIV.
Thanks upfront

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1 Comment on " Is this a blue chip?"

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Travis Johnson, Stock Gumshoe
Admin
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August 13, 2012 10:16 am
I don’t think I’ve ever written about City Telecom — they’re one of two (I think) providers of landline and internet access in Hong Kong, and they do pay a large dividend. Unlike the similar “old line” telecoms in the US, like CenturyLink, they don’t have a lot of debt and they have very high profit margins, so that makes it worth a look. Don’t know what their long-term prospects are, since wired telecom is generally a declining industry globally and they’re in a competitive and geographically constrained market that would probably make growth difficult … and they’re very small,… Read more »
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