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Re: MrSnakecharmer post# 109081

Tuesday, 04/13/2010 7:41:07 PM

Tuesday, April 13, 2010 7:41:07 PM

Post# of 115222
AURC Divvy $0.0033-$0.0066, the pps $0.33-$0.66


GET THE TICKET CHEAP WHEN YOU CAN.


This is what the divvy and the pps should be like if my calculation is correct:

2009 Net income: $2,986,012
O/S: 100 million? (not sure)
Earnings per share: $0.033

Divvy 10% of the EPS: $0.00330
Divvy 20% of the EPS: $0.00660

If the above divvy is paid, the pps can be between $0.33-$0.66 when calculated with dividend yield of 1% (divvy/pps).

Divvy rate of 10-20% and divvy yield of 0.5-1% can be easily found some of the gold companies and a few example are below:

One of the companies is paying divvy even with negative earnings..


Kinross Gold Corporation Common(NYSE: KGC)
After Hours: 18.2083 0.04 (0.23%) 4:12pm ET

Last Trade: 18.25
Trade Time: 4:01pm ET
Change: 0.19 (1.03%)
Prev Close: 18.44
Open: 18.32
Bid: N/A
Ask: N/A
1y Target Est: 22.40
Day's Range: 17.96 - 18.38
52wk Range: 8.41 - 23.91
Volume: 3,902,037
Avg Vol (3m): 6,235,410
Market Cap: 12.72B
P/E (ttm): 41.01
EPS (ttm): 0.45
Div & Yield: 0.10 (0.50%)



Barrick Gold Corporation Common(NYSE: ABX)
After Hours: 40.43 0.00 (0.00%) 6:06pm ET

Last Trade: 40.43
Trade Time: 4:02pm ET
Change: 0.33 (0.81%)
Prev Close: 40.76
Open: 40.46
Bid: N/A
Ask: N/A
1y Target Est: 50.27
Day's Range: 39.55 - 40.56
52wk Range: 27.09 - 48.02
Volume: 8,968,636
Avg Vol (3m): 11,547,500
Market Cap: 39.80B
P/E (ttm): N/A
EPS (ttm): -4.73
Div & Yield: 0.40 (1.00%)



ARUC Divvy $0.033-$0.066, the pps $3.33-$6.66


GET THE TICKET CHEAP WHEN YOU CAN.