Is OGZPY still on your watch list, we have made money in the past with this Russian giant? Noticed it also is paying a healthy 9% plus dividend and has recently corrected down close to its 52 week low. With an EPS of $3.35 on a less than $5 stock in a hated industry and outside of the U.S.A., sounds like a nibbling opportunity. and on the 10-year chart looks to have completed a major correction in 2016 with its first wave up in 2019 and subsequent 3 way pullback to today’s price.
Your thoughts are appreciated.
Their debt continues to grow, which is why it’s not a present LI pick. If that turns around, it could be a pick in the future. But they’d have to get that turned around first. Otherwise, there are better picks out there to put the money into.