Roger Montgomery joins Nina May on Your Money Your Call and answers viewer questions about Fleetwood (FWD), suppliers of the China property boom, identifying companies with durable competitive advantages, ANZ, CBA, Highlands Pacific (HIG), and the key ratio to look at when assessing mining companies.
Broadcast 25 February 2010
Visit http://www.rogermontgomery.com/ for Roger Montgomerys step-by-step guide to valuing a company.
interesting thing about FWD is that it pays out almost all its earnings as dividend.
It doesn't seem to retain any earnings.
So how does the company grow?
via raising equity maybe?
investmentpushbiker 1 year ago