CYPC
2 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Aug 14, 2017 by Richard Lawrence · across every show →
Everything said about CYPC, oldest first
Aug 14, 2017 positive
Dam depreciation schedules artificially distort China Yangtze Power's P/E multiple
“CYPC or China Yangtze Power had debt. Well, it should have debt. If there ever was a business on Earth that should have debt, that's it. But likewise, it depreciates its dams over 26 and a half years, but they're going to last over a 150 years, so that's wrong…”