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Gold/Mining/Energy : AU (N) -Finally Listed on NYSE
AU 92.25+1.3%Jan 9 9:30 AM EST

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To: HIA who wrote (55)10/11/1999 11:13:00 AM
From: Tunica Albuginea  Read Replies (3) of 71
 
HIA, just bought in AU. I profited from smallprice drop from their buying of Acacia Resources.

Wow: PE 13. Largest gold co.
Actually making money too.
And that when the Price of Gold was down. Imagine if gold goes to 600.

Can you say AU/Internet/flier $50+ ??

TA

Message #55 from HIA at Apr 9 1999 2:53PM

1998: U.S. $ in Millions

+550.4 Before taxes
-159.1 Taxes
-101.6 Capital Expense

+289.7 After taxes

Earnings: 289.7 which is $2.96 per share or $1.48 per ADR...

Dividends paid: 256.6 which is $2.63 a share or $1.315 per ADR...and the sponsors of the ADR pay out $1.25 of the dividend...

So that's about 97.6 million shares with one ADR equal to one/half of a common share... 3.8 billion market cap...P/E of 13! ...

The P/E seems to be very key here because if the P/E were 20 then the stock price (U.S. ADR price) would be...
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