Ishr Msci Emu Discussion Threads

[dil] 22/3/2002 21:26

I moved to Bali Island

:-)

[biomax] 22/3/2002 21:23

i bought it on yesterday news, it was 12 p, and there was 100 % shares,

now 71 % are 'written off', which leaves about 30% and equivalent share price 40 p.

balance sheet looks strong for a bid,
plenty of tangibles and shareholder fund is 20-34 mln vs current market cap 4 mln, although current assets are negative, all recent disposal were at book value which shows that the book value is REALISTIC.


Anyway, if this is not your kinda stock and/or charts is 'a must' for you, then leave it, no point to hold a stock you are not comfortable with, plenty fish at sea etc , for example have a look at TSP and PHTM - all breaking out nicely and cheap on fundamentals

How is weather in canary, is the sea warm now?

[biomax] 22/3/2002 21:06

Dil, i was stop lossed out of egs at 2.9 p a few days ago (so you were right :-), but i will be watching egs closely. How is weather in canaries, coming soon, do i still need a coat? :-)

i got wcl, tsp, ceu, phtm - bougth today and yesterday - all already in profit, could double or triple within a 1-4 weeks, watch this space :-)

TheCleaner, i think 30-45 p could be achievable

[dil] 22/3/2002 21:04

The market don't

[thecleaner] 22/3/2002 21:02

I value this one @ £15m i.e. approx 4 * current price..

[thecleaner] 22/3/2002 21:00

Biomax - good call, wish i had got in before todays rise..

[dil] 22/3/2002 20:51

You always say that

:-)

[biomax] 22/3/2002 20:39

market cap 4 mln, net assets about 34 mln
could double next week, imo

[biomax] 22/3/2002 08:19

Strong buy, target 60 p,
CEU is former FRIENDLY HOTELS

on 21/03/02 news, basicaly, CEU was 12 p and there was 100 % shares, now 71 % of shares have been 'written off', which leaves about 30% of shares with equivalent share price 40 p.

balance sheet looks strong for a bid,
plenty of tangibles and shareholder fund is 35 mln (i.e share price 160 p) vs current market cap 4 mln. Although current assets are negative, all recent disposal to raise cash were at book value which shows that the book value/shareholders funds is REALISTIC.