Weekly subscribers update 2

What went wrong with CK Hutchison?

Quick note:

CK Hutchison is a Hong Kong conglomerate that I pitched up 1.5 years ago and was at a PE ratio of 5. It is now a bit down 15% and still at a PE ratio of about 6-7.

There were dividends along the way, so maybe the return is close to zero percent or mediocre. I do not follow returns that closely.

It got me thinking, how can a company at a PE fi…