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ECPC European Conv.

0.00105
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
European Conv. LSE:ECPC London Ordinary Share GB00B0B7ZC68 ORD EUR1.00
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.00105 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.00105 EUR

European Convergence (ECPC) Latest News

Real-Time news about European Conv. (London Stock Exchange): 0 recent articles

European Convergence (ECPC) Discussions and Chat

European Convergence Forums and Chat

Date Time Title Posts
20/4/201118:54ECPC down it goes-
17/5/200808:51European Convergence9

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European Convergence (ECPC) Most Recent Trades

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Trade Time Trade Price Trade Size Trade Value Trade Type

European Convergence (ECPC) Top Chat Posts

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Posted at 17/5/2008 08:51 by grahamg8
Just in case anyone was wondering the Mcap is 100x that shown by ADVFN. They have the number of shares correct but the price is shown in Euros not cents. Sterling quoted shares are posted in pence not Pounds. The Mcap formula doesn't seem to have coped with this difference. My post #7 implied only a little cash was added to the distribution, in practice it was quite a lot, roughly 9 million Euros. This means the remaining NAVps net of debt for Veliko Turnovo and the small cash pile remaining isn't too great. Bby my calc about 24 cents, just a little above the share price I'm even less inclined to buy at current levels. The share price relies heavily on speculation of the ultimate selling price of the VK Mall and that's difficult to predict in the current property climate.
Posted at 20/2/2008 10:49 by ciscogaz
I also only hold a few. Not sure if you have read this; and this ---> "European Convergence Development Company" worth a punt?
Posted at 19/2/2008 08:45 by grahamg8
Ciscogaz, the distribution was 94 Euro cents mainly proceeds of property sales plus a little surplus cash. It was an initial payment in the sense that the management have said they will sell off all assets and return all money eventually. Yes I still have some of these. Would top up if the price was right but the wide spread is rather off putting. The unknown is how much Veliko Turnovo can be sold for, and how much cash is still left in the business. My judgement is that the sum is higher than the current share price but not by so much as to overcome the risk that I might be wrong. Holding for now and awaiting news.
Posted at 16/2/2008 08:57 by grahamg8
Wow, a thread at last. After the capital distribution there is only the Veliko Turnovo Mall left which is earmarked for sale. An announcement is overdue which suggests the sale is in trouble. Thus any brave traders are guessing on the price of a shopping centre in Bulgaria.
Posted at 15/2/2008 07:15 by andrbea
mine did (Share Centre)
Posted at 14/2/2008 13:51 by love it
My on line broker does not recognize ECPC
European Convergence share price data is direct from the London Stock Exchange

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