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Re: [sharechat] Foolish four (applied to nz stocks)


From: "nick" <acummin@es.co.nz>
Date: Sun, 11 Jun 2000 12:53:05 +1200


          I considered the other companies to be too small.  I limited
it to companies with market cap over 50m

> I have studied your posting and have worked out the Foolish Four RP
> Variation, this being yield divided by square root of price. The result
was
> Capital Properties 8.57%
> CDL Investments 4.28%
> Designer Text 3.07%
> Newmarket Properties 2.42%
> Force Corperation 2.27%
> The first share Capital Properties must be discarded (obviously with 45%
> yield).
> Only Force makes it into your top ten. Why did you not include the other
> companies as they too have a low price and high yield?
>
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