Hi Sergio -
Re: Platinum
ANGLO PLAT UNSP ADR(Other OTC: AGPPY.PK )
finance.yahoo.com
May I suggest AGPPY. I have owned this one for over 15 years (basically when they started using Platinum in catalytic converters). Of the precious metals "platinum" is the only one I have found that is used in quantity and remains a good store of value. This metal usually sells at 2-3x that of Gold and has not increased in value recently relative to the big run up in gold.
I own a few of the one-ounce Noble Platinum coins from the Isle of Man
bullion.nwtmint.com
The first platinum investment coin, the one-ounce Noble from the Isle of Man, was introduced in November 1983. The Isle of Man is an ancient British protectorate, and well known for producing a variety of high-quality coins with innovative and unusual designs. From 1983 through 1989, The Pobjoy Mint of England produced The Platinum Noble in sizes ranging from 10 ounces to 1/10 ounce, with the face value shown in "Nobles," a value equal the platinum content in troy ounces. The reverse of all coins features an historic Viking longship, “Thusly,” shown under full sail. The obverse features the young Queen Elizabeth II with crown.
A better Platinum investment is in AGPPY.pk. This stock recently split 6:1 in 11/2010. I like the company since they pay a dividend (every year since I have owned them EXCEPT 2009) ( finance.yahoo.com ) and currently it yields 2.25%.
The company is trading in the low end of its trading range ($11.56-$18.36) @ $12.55/share. Their dividend is paid in March and August of each year. The stock is reasonably priced at a 14 PE, carries very little LT debt when compared to it's net annual income and provides a good and efficient way to speculate on platinum.
The stock is thinly traded as i believe the main holder of shares is the parent company Anglo American. To learn more about the company here is the link to their Web Site: angloplatinum.com
This one is No. 17 in my Top holdings. My No. 5 holding is Anglo American plc (AAUKY.PK) which was the parent company before the spin off of AGPPY many years ago.
If you can find a 20 year chart that shows the stock splits and dividends paid, this company has performed well for me, almost as good as my XOM or BHP during the same time period. I continue to hold shares in the portfolio as a "store of value" hedge and I am able to book some revenue from their dividend distributions too.
EKS |
