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Gold/Mining/Energy : SASKATCHEWAN WHEAT POOL ( SWP.B - TSE )
SWP 28.22-0.3%Oct 31 9:30 AM EST
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To: Kitskid who wrote (38)2/29/2000 7:53:00 AM
From: Fun-da-Mental#1  Read Replies (1) of 47
 
The fundamentals are great. For example their revenues average 4 billion a year, their market cap is 185 million (I am not kidding) and they pay out 15 million in dividends (8% yield). With revenues like that, they should have no trouble maintaining the dividend even if they don't make a profit this year. So I don't see much downside. Furthermore the price of wheat seems to have turned the corner.

However I think this is more of a long-term play, rather than a get-rich-quick scheme.

Fun-da-Mental
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