"David, I love the daily columns being a new subscriber. I have made money following your thoughts. What is going on with China Mobile? I am down since you suggested it, and I believe you are also? Is there a time to bail out, and cut the losses, or do you still think it is potentially going to turn around. Thanks again for the good work."

David Fuller's view Welcome to Fullermoney and thanks for the feedback. China Mobile was in my personal long-term investment account but I sold it on Thursday 10th February, for the reasons discussed, mainly this one:


A fine company, I maintain, but over owned by funds which have been lightening their major holdings as the investment fashion temporarily moved away from Asia.

China Mobile currently sells at both an historic and estimated PER of just below 10.5 and yields 3.95%. I think it will perform well as China's stock market recovers, probably later this year.