Why Investors Worship Old King Coal [View article]
Terrible article. A lot of meaningless comments too.
Most coal stocks and mining stocks have price to book ratios over 3 and pay dividends less than 3 percent. Everyone thinks that these stocks will keep going up and up and up.
The same with solar and wind. What we need are companies that pay investors a decent return on investment today...not next year or in ten years or 20 years.
As for the "new" Calpine. That's as good as the "new" Enron. Anyone on this site lose money in Enron or the "old" Calpine?
There are too many writers on SA that write stories with inadequate information to properly determine if a company will return a decent profit to shareholders.
I would like to see more articles on companies that pay a current yield of ten percent with capital gains potential as well.
Coal and Steel Stocks Take A Hit [View article]
Oil is next...I hope.
Why Investors Worship Old King Coal [View article]
Most coal stocks and mining stocks have price to book ratios over 3 and pay dividends less than 3 percent. Everyone thinks that these stocks will keep going up and up and up.
The same with solar and wind. What we need are companies that pay investors a decent return on investment today...not next year or in ten years or 20 years.
As for the "new" Calpine. That's as good as the "new" Enron. Anyone on this site lose money in Enron or the "old" Calpine?
There are too many writers on SA that write stories with inadequate information to properly determine if a company will return a decent profit to shareholders.
I would like to see more articles on companies that pay a current yield of ten percent with capital gains potential as well.