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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Spekulatius who wrote (38970)	8/26/2010 3:09:14 PM
From: hoyasaxa	Respond to of 78476

STO First of all I appreciate you comments here a lot Spek. We have been here together a long time. Let me know what I may be missing. Norway the country has no net debt. It is the most fiscally sound developed country, with natural resources to boot. As for Statoil: finance.yahoo.com They have lots of cash. They have little debt and what debt they do have is cheap. A large global oil player based in a country with sound financial fundamentals, not a terror target and little comparable regulatory risk..I like the bet on Norway and I like the bet on oil and Statoil covers both and boasts a good trck record with upside given the above...