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Here s Why We Think National Shipping Company of Saudi Arabia (TADAWUL:4030) Is Well Worth Watching
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January 20, 2021 Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling short, can easily find investors. But as Peter Lynch said in
One Up On Wall Street, Long shots almost never pay off. If, on the other hand, you like companies that have revenue, and even earn profits, then you may well be interested in
National Shipping Company of Saudi Arabia (TADAWUL:4030). While that doesn t make the shares worth buying at any price, you can t deny that successful capitalism requires profit, eventually. Conversely, a loss-making company is yet to prove itself with profit, and eventually the sweet milk of external capital may run sour.