While ICAB's stock has been dropping over the past few years, the company has been setting itself up for a highly profitable future. In addition to offering pay-TV services and maintenance for satellite television subscribers, ICAB has been developing ways to make the most out of its cables. It is offering broadband service and voice-over-internet protocols to bring in revenues for telephone service.
Given the past couple years, this one is a bit uncertain, of course, but I think ICAB is poised for growth. It offers essential services to a wealthy market, and its low share price and solid dividend mean there's not a great deal of risk. It may not go up as I expect, but I think you'll make some money on the dividend in any case.
Type of stock: A Hong Kong cable and telecom company with room for growth.
Price target: As long as it's below $5 and you've got risk capital to play with, I think this is all about potential upside.
ICAB 1-yr chart