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The ROE dropped from 41% to 24% from 2009 to 2012. Since then it...

  1. brahms
    2,912 Posts.
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    15/08/19
    15:56
    Post #: 40005648
    The ROE dropped from 41% to 24% from 2009 to 2012. Since then it has been more or less stable around 20%. There is no straight line crash from 40 to 10 going on as you imply. A lot of things have changed since 2009 - TD rates for one. Whether this goes up or down a bit does not really concern me. It is enough to have some assets diversified in a non cash investment in a well run company in it's sector.
    Nobody can predict with certainty what would be a better investment.
    ONT Price at posting: $6.18 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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