" good return on equity" ..... REALLY ??
NO !!
here are the annual ROEs for the past 10 yrs up until 2018/07
8.5 6.5 5.7 6.0 6.1 3.9 6.1 6.6 7.9 10.5
hooray, they finally made it ( just ) to double figures.
I would not call these figures good in any way shape or form !!
lots of people would argue that companies generating ROEs in single figures
are not worth investing in.
Simply put, ROE indicates how well management is employing the investors' capital invested in the company
( Investopedia 2018 )
- Forums
- ASX - By Stock
- SOL
- News: SOL Norway sovereign fund excludes three more firms from portfolio
SOL
washington h. soul pattinson and company limited
Add to My Watchlist
5.15%
!
$40.32

News: SOL Norway sovereign fund excludes three more firms from portfolio, page-18
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$40.32 |
Change
-2.190(5.15%) |
Mkt cap ! $14.83B |
Open | High | Low | Value | Volume |
$43.46 | $43.48 | $40.32 | $322.0M | 7.951M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 15196 | $40.32 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$40.78 | 154 | 1 |
Last trade - 16.10pm 15/09/2025 (20 minute delay) ? |
Featured News
SOL (ASX) Chart |
Day chart unavailable