Fording Canadian Coal (FDG) hit my 40% up target in such hard times! February 1, 2008
Posted by deminvest in FDG Foding Canadian Coal, investment, my free stock.5 comments
on July 13, 2006 I bought 50 FDG at USD 30.2 each spending a total amount of $1510. I wrote why I chose Fording Canadian Coal right on this Blog. I’m surely glad of my choice.
Today FDG hit my 40% up target, to which I should add dividends worth another 16% that I cashed meanwhile. As my 50 FDGs hit 40% target I:
1) Sold 35 FDG shares at $ 45 each cashing a total amount of $ 1575, more than what I spent to buy 50.
2) Kept 15 FDG shares left (worth $675). They are now free stocks, thanks to my FREE STOCK STRATEGY.
The stock looked like a bargain when I bought it. It looks less so now, but I’m happy to own my 15 free FDG:
- Coal is nowadays an heavily requested commodity
- FDG still offers juicy 5% dividend yield.
(FDG) FORDING CDN COAL has great dividend yield, cheap P/E and amazing growt rates. July 13, 2006
Posted by deminvest in Defensive Stock, FDG Foding Canadian Coal, investment, stocks that pay high dividends.6 comments
Frank Galotti’s comment on the (PVR) Penn Virginia Resource article pointed out what a bargain is FDG.
I checked and found that PVR has:
- P/E = 5.25
- Dividend Yield = 11.60%
- Qtrly Revenue Growth yoy = 64%
- Qtrly Earnings Growth = 154% (more…)
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