The Motley Fool Discussion Boards
Stocks N / North European Oil Rylty
|Subject: Re: Info?||Date: 4/30/2001 2:43 PM|
|Author: gcholdings||Number: 4 of 8|
I'm thinking of buying. I can't find anything wrong with this company, being that it has no business operations - only steady income. It doesn't look too exciting but it should provide a safe return. Can anyone show me anything wrong with the company?
Yahoo Finance says the Return on Equity is 63454.20% an a return on Assets of 412.47% - An awesome and incredible number. Are these numbers true? Why?
Are you sure it's only a 10% return? Dividend Yield alone gives it about 14%.
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