SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Spekulatius who wrote (15803)11/22/2002 4:02:04 PM
From: Paul Senior  Read Replies (1) of 78525
 
Spekulatius: I'll diversify further in oil company stocks by adding a very little PTR here:

yahoo.marketguide.com

Aside: I find it interesting that this stock is owned by Wellington Management whose best known fund manager was John Neff. Now what catches my attention is that PTR actually meets Mr. Neff's once famous (well, I go back a while and I remember it) Rule of Sixes. That was: earnings growth rate + dividend yield summed and divided by the p/e ratio should be at least 2. And that was when interest rates were near or at double digits. So that number 2 must be much higher now for Mr. Neff. Anyway, fwiw, the numbers (from Multex) for PTR seem to be roughly (8+6)/6
=2.3.

Of course, PTR itself, being a Chinese corporation with all the good and bad that that implies, has to be judged too rather than just plopping its numbers into an equation.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News