Nigerian Wire and Cable Plc-Is there Life after death?

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Nigerian Wire and Cable Plc-Is there Life after death?

Building, construction, engineering stocks Julius Berger, Cement Companies, etc

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25th September 2007, 07:12 AM

Geeman

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Nigerian Wire and Cable Plc-Is there Life after death?

Nigerian Wire and Cable Plc has attracted a new investor that has committed N1.7b into the company to enable it pay off its debts and have sufficient funds for operations. The share price of this company (that closed down many months ago) gained a lot by riding on the back of the general bullish trend recorded by the market in the first half of this year. But the company is set to re-open and start production again in November, 2007. What are the implications of this for investors? This is the question for the house to mull over. For more information on this, please readhttp://www.punchng.com/Articl.aspx?t...07092422133839

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		StockMarketNigeria.com Forums > Nigerian Stocks > Building, construction, engineering stocks
Nigerian Wire and Cable Plc-Is there Life after death?

Building, construction, engineering stocks Julius Berger, Cement Companies, etc

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