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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?


To: AV8R who wrote (33391)12/23/1998 5:23:00 PM
From: EyeDrMike  Read Replies (2) | Respond to of 119973
 
Book value of 9.80 and paying 14.1% div in addition to the 52 week low.

It's oil sector, and the recent earnings were poor in comparison to the year ago. But this is sector related, not company specific.

If you don't mind waiting for oil prices to rise, and getting 14.1% while you wait, its a buy here. The 52 week low was too tempting for me, i'm in.

Can't think of too many other companies out there paying 14.1%.