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Let's see how income compares to appreciation
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stable dividend, undervalued, no exposure to europe
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Hard cash, !!!!!!!
sold its RAC business to Carlyle Group for GBP£1 billion, some 17 times the company’s 2010 net earnings, when its own shares trade at just seven times prospective earnings.
Selling its Asian operations will fetch
another GBP£ 750 million.
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