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Yuexiu - Sleeping Outperformer

In a market where people fall over each other to find the next exciting idea, we love dull boring stocks which keep clocking the numbers day in and day out. Yuexiu, a toll road operator, whose operations snake across China, is one such consistent performer.  A company which generates consistent cashflow growth, pays good dividends and keeps growing its portfolio, trading at reasonable valuation, what more can one ask for. Then we say, it is a state owned company, operates in fixed asset investment space in China and people start rolling their eyes. 

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This post first appeared on Smartkarma | Intelligent Investing, please read the originial post: here

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Yuexiu - Sleeping Outperformer

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