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Re: infrastructure
idea
I just checked and yes Wow is the word. I don't know much
about the mining sector, the P/S is 1.19 and P/B is 1.53, very
low. I am going to guess this is the norm for miners.
It certainly is a very capital intensive business and being in
commodities I suppose it carries low multiples and low ratios.
One thing comes to mind though, high dividends can
sometimes indicate trouble with the company and are often
cut.
Then there is the government
instability. That said that yield is extremely
attractive.
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