Interim results confirmed that China Water Affairs Group (CWA) continues to grow rapidly. We remain optimistic about CWA’s capacity to extend this growth trajectory and see the 50% increase in the interim dividend payment as evidence of management’s confidence in the outlook. In our view, the rating of the shares does not reflect the growth prospects.
13 Dec 2018
China Water Affairs Group - Strong performance delivers growth
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China Water Affairs Group - Strong performance delivers growth
China Water Affairs Group Limited (855:HKG) | 0 0 0.0%
- Published:
13 Dec 2018 -
Author:
Graeme Moyse -
Pages:
3
Interim results confirmed that China Water Affairs Group (CWA) continues to grow rapidly. We remain optimistic about CWA’s capacity to extend this growth trajectory and see the 50% increase in the interim dividend payment as evidence of management’s confidence in the outlook. In our view, the rating of the shares does not reflect the growth prospects.