| Share Name |
Share Symbol |
Market |
Type |
Share ISIN |
Share Description |
| European Opportunities Trust Plc |
LSE:JEO |
London |
Ordinary Share |
GB0000197722 |
ORD 1P |
| |
Price Change |
% Change |
Share Price |
Shares Traded |
Last Trade |
| |
4.00 |
0.61% |
663.00 |
568,539 |
16:29:50 |
| Bid Price |
Offer Price |
High Price |
Low Price |
Open Price |
|
661.00
|
663.00
|
663.00 |
658.00 |
663.00 |
| Industry Sector |
Turnover (m) |
Profit (m) |
EPS - Basic |
PE Ratio |
Market Cap (m) |
|
Equity Investment Instruments
|
16.28
|
7.17
|
5.55
|
119.5
|
748
|
| Last Trade Time |
Trade Type |
Trade Size |
Trade Price |
Currency |
| 17:17:02 |
O |
493 |
663.033 |
GBX |
European Opportunities News
| Trade Time |
Trade Price |
Trade Size |
Trade Value |
Trade Type |
| 16:17:06 | 663.03 | 493 | 3,268.75 | O |
| 15:53:26 | 659.47 | 41,466 | 273,456.66 | O |
| 15:36:14 | 663.00 | 4,000 | 26,520.00 | O |
| 15:35:16 | 663.00 | 100 | 663.00 | AT |
| 15:35:09 | 663.00 | 7,284 | 48,292.92 | UT |
| Date | Subject |
|---|
25/9/2020
09:20 | European Opportunities Daily Update: European Opportunities Trust Plc is listed in the Equity Investment Instruments sector of the London Stock Exchange with ticker JEO. The last closing price for European Opportunities was 659p.
European Opportunities Trust Plc has a 4 week average price of 652p and a 12 week average price of 652p.
The 1 year high share price is 927p while the 1 year low share price is currently 514p.
There are currently 112,800,331 shares in issue and the average daily traded volume is 394,932 shares. The market capitalisation of European Opportunities Trust Plc is £747,866,194.53.
|
18/6/2020
13:09 | davebowler: 48-hours for brazen Braun to bail-out Wirecard
Wirecard the Germany payments outfit and DAX 30 constituent was supposed to have released its twice previously delayed 2019 results today. Instead the company issued a statement saying that the Annual Report would need to be further delayed as their auditor E&Y could not verify whether previously reported cash balances of €1.9bn could be verified.
What has amazed us is how the Wirecard share price has been so impervious for so long to cumulative substantiated accusations of wrong-doing. Even today Wirecard’s long standing CEO Marcus Braun has brazenly tried to portray the company as a victim of fraud and instead tried to focus investors on apparently strong reported revenue growth. However, if the company’s cash balances are non-existent then logic would also suggest that current trading is equally fictious.
During our Q1 conference call Wirecard Short we previously described the company as “having more red flags than you would see at a communist rally”. This morning the stock was our biggest short position. The share price of Germany’s previously most valuable financial company just halved. Moreover, with Wirecard’s borrowings dependent on an audited 2019 Annual Report being released by June 19th the company may now be declared insolvent by the weekend.
We previously noted In Defence of Short Selling our unique motivation to “unmask fraudulent management and expose poor business models”. We observed the collapse of Ponzi scheme NMC Hospitals earlier this year, which was another top short position for the fund, and also questioned why the German financial regulator had previously leaped to the defence of Wirecard as somehow in the German national interest. We suggested that far from being the “pantomime hedge fund villains of Mayfair…if there are no short-sellers to play the role of market vigilante, we would inevitably have a more dishonest stock market. In the absence of shorts, capital would be allocated less efficiently and over the long-term economic growth would suffer”. Acta est fabula plaudite!
Barry Norris
CEO and Fund Manager
Argonaut Capital Partners
50 Sloane Avenue
SW3 3DD
|
European Opportunities share price data is direct from the London Stock Exchange
PLUS1
IN BRIEF: European Opportunities Trust Cuts Payout; Confident Outlook