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Gold/Mining/Energy : Imperial Metals (IPM.T) -- Ignore unavailable to you. Want to Upgrade?


To: Italian Investor who wrote (873)6/2/2011 10:14:18 AM
From: refugee investor  Read Replies (1) | Respond to of 1366
 
Sensible Guy, Arnold.

Did you Read Tom Brown's little piece on BAC at www.bankstocks.com?
Sooner or later (ok maybe 3-4 yrs) I think they could be paying $1 a share in dividends.

The FT says that Vodafone and Vivendi both have a pe of about 7, Yahoo says Vod has a pe of about 12.. I guess China Mobile would be a good way of getting Yuan exposure at a decent price. Actually I don't have much cash, only 12 or 13%, really only enough to wait for the trades I have already made to come around, although I get tempted by things and will be very tempted if there is another big sell-off. That is the plan at the moment, do nothing!

Would also be tempted if Imp had a selloff, much easier to make $ with a cap that small than one with 100's of billions. So, managed to mention Imp on the Imp board!