China Unicom: Too cheap to ignoreWhen momentum stocks are running a little too hot, it is always good to take a look at some value names. China Unicom is so cheap that I had to double check the figures to be sure:
-> 0.47x P/B, c.-2x standard deviation
-> c.7.9% forward real earning yields, -2x standard deviation
-> EV/EBITDA of 1.5x , -2x standard deviation
it pays a divy yield of 3% and the price trend has turned positive.
