I bought 20 China mobile shares at USD 50,09 each, spending a total amount of $ 1000,18 fom my October monthly investment.

I chose world’s largest mobile operator for my October $1000 investment because:
1. it is cheap with P/E = 11, Forward P/E 10,
2. it grows Quarterly Revenue Growth (yoy):17.90% Quarterly Earnings Growth (yoy):44.70%
3. It is loaded with cash, $25 Billion, and no debts.
4. It gives out 3.5% dividend
5. More and more Chinese people are getting their first mobile phone
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