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DRAGON OIL (LSE:DGO)

CAPS Game Rating: No stars

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Member Avatar tutaemeia (88.03) Submitted: 06/12/2011 07:07:37 : Outperform Start Price: $488.25 DGO Score: +0.25

First of all, DGO works in a good business that iam a fan. In terms of fundamentals, DGO is a nice sweet pot. Take a look: PER = 7x (one of the cheepest exploration & production companies in western europe), DEBT/EBITDA = 0% (yes it's true, there are debts), Quick ratio = 3,42x (yes they have a lot of money in cash), ROE of 27% and a PBV of 1,69x. Do you need any more arguments to buy it?

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