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Real-Time news about Et-China (London Stock Exchange): 0 recent articles
|mattjos: i am reminded of this from Matthew on 3/6/10:
Many thanks for the email which was great appreciated. For the last 3 years since listed on AIM, the management has tried a lot of things to communicate and educate the UK-based institutional investors but to no avail. Our share price has been lingering around 30 p for the last 12 months and more, hence the KUONI bid was a nice solution to our current UK problem. Equally the management has a lot of hope that by learning from the best in the trade, we can capture the rapidly rising affluent traveler in China. Well, it is a good results for shareholders who would like to see some return, but as you rightly pointed out, that we will be leaving AIM and UK market for good.
Again I would like to thank you for your support and encouragement and wish you all the best in your future investment in Chinese companies in UK.
|greek islander: Share price seems to have settled now.
I had wondered whether something was in the offing.
Guess it would have shown itself by now.
Have a feeling that the results statement will show that ETC remain chasing turnover rather than profitablility and this can only go on for so long - unless the activities and revenue figures are more transparent.
Don't want to keep repeating myself but I shall keep on watching this one though will not be back in unless I feel totally confident that the Board are on top of a drive to make money not just turn it over.
It's very well selling more and more and expanding but at some stage a fledgling small cap has to show a return for its shareholders and frankly in this burgeoning Chinese travel market if it cannot show a profit on this sort of increased revenue, one wonders whether it ever will.
I have tried to close my investments in fly by night companies and concentrate on those showing substantial information about fundamentals and I see none of this here. All investors (mainly PIs) are gambling on the fact that it is China and this sector holds a huge amount of promise, however the only other positive is the supposed involvement of Kuoni and the silence eminating from that direction is deafening!
Not a stock to gamble ones pension on.|
|mattjos: GI .. let's see .. may just be noise at this stage but i do not believe there not to be much stock about at this level & feel it should really be nearer 34.5 which is where the mm's started taking it down from to facilitate the change of hands in Decmeber ... since then there has not been enough volume to take the stock back to where it probably ought to be at this stage. Total lack of interest is the main reason i think.
Another 100k net buys and i believe we'll be back to a more representative share price but it will depend on to what extent this little run flushes out sellers or not.
Next week or so should prove me right or wrong in the short term but it is very much the longer term that i am interested in|
|roughandtumbleone: Share price now below the Kuoni announcement???
Who said there is any sense to this game!?|
|explorer88: share price should soar today on Kuoni news :-)|
|longshanks: Trading statement. Doing its best to sound bullish without actually giving any declaration that the company is operating profitably.
Am inclined to believe this is an effort to shore up the share price prior to a capital raising.
The price is beginning to look very cheap - but if they are going to dilute the capital substantially it might be worth waiting a bit longer.|
|longshanks: There are alot of shares bought by investors in the run up to launch of ETC that bought at the equivalent of 73p so I expect some continuing consolidation. Share is sound in medium/long term but that never...ever...dictated how a share price should move. I will buy in if it gets below £1.|
Et-China share price data is direct from the London Stock Exchange