News Snapshot:
China Railway Construction (“CRCCâ€) recently caught my attention as it has tumbled approximately 44% from an intraday high of $9.99 on 5 Mar 2020 to close HKD5.64 on 21 Sep 2020. Is this a bargain buy, or a value trap? Let’s take a look. This post was originally posted here . The writer, Ernest Lim is a veteran community member and blogger on InvestingNote, with a username known as el15 and has 456 followers. First up, a description of CRCC Quoting from its 1HFY20 results, CRCC’s businesses cover a variety of construction, survey, design and consultation, manufacturing, real estate development,...
