Forum Archive Index - July 2001
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[sharechat] Newmarket Prop
Hi,
I remember talk about this share having a 15.3%ish
div yield ages ago, somebody asked if it was going to
stay high and i think somebodies reply was no they got
some contract which allowed 15.3%ish return but its
expiring. well its been ages and the div yield is
15.3% still.
does any body know what the deal is with this place,
wether the yield will stay this high and for how long.
are they a safeish bet ( i mean not like some aql more
like a wam?) their price is $.50 with an 18 month
high/low of .62 and .45 nta of .707 and p/e 21.7
i dont understand p/e ratio but the rest sounds good.
some people aim for a 20% return. well i figure that
15.3% is sure only 3/4 return but if you get to do no
work and make 15.3% while basically sitting or get
20%while having to constantly research and risking
money in many different companies then why not do
nothingish and get 15.3% hay you only get around 5% in
the bank anyway!!!?????.
Is there some catch to the 15.3% yield that i dont
relise (i do really know zilch about shares/trading
of) or is it straight out 15.3% before tax like say
the 5% in the bank before tax??????? is there some
thing that means you wont actually get 15.3%
thanks cullen150 :)
Disc) hold none of them, yet.
maybe ill stick to my nasa science job. we are
currently working on airbags for computers, i was a
rocket scientist. i've typed so many questions the
letters are wearing off the keys on the keyboar
saodhjflcl jhvk fkjhsjhwmvndolk; ldkl kld are you
still reading????????????????
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