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Also note l do not think you are on the right thread. Always try to goggle on this forum before creating a new thread. Last edited by tonidol : 21st June 2008 at 01:57 PM. |
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Enamelware is listed on the NSE. Just get a broker, dematerialize your cert (if still on hard copy) and give the guy a SELL order! It is as simple as that.In fact any other thing to the contrary, would be cumbersome, time consuming and amenable to suspicions of non-transparency.
Last edited by waaan5 : 7th July 2008 at 09:35 PM. |
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Once u know what the market is thinking, jump the other way, bet the unexpected... (Soros) |
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Last edited by waaan5 : 8th July 2008 at 09:24 AM. |
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l doubt if any body will be ready to buy the stock at the current price. The stock is on offer,but the price has not gone down due to the new NSE rule.
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Why the rush to buy a stock with a PE ~ 207? The stock is illiquid so the new NSE rule is a major problem. The price cannot come down because of this rule as Emmanuel pointed out.
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes |
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it would be helpful if list the price too!
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NIGERIAN ENAMELWARE PLC
UNAUDITED RESULT FOR 1ST QUARTER ENDED 31-12-2007 2007 2006 TURNOVER N528.959m N622.664m PROFIT BEFORE TAXATION N11.489m N7.076m TAXATION (N3.676m) (N2.265m) PROFIT AFTER TAXATION N7.813m N4.811m
__________________
The secret of stock investment lies in the ability of the stock investor to hybridize the growth and value theories of stock analysis-by billions. |
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NIGERIAN ENAMELWARE PLC
UNAUDITED RESULT FOR HALF YEAR ENDED 31-3-2007 2007 2006 TURNOVER N1,312m N1,228m PROFIT BEFORE TAXATION 21.073m N12.078m TAXATION (N6.743m) (N3.865m) PROFIT AFTER TAXATION N14.330m N8.213m |
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Can you break it down to per share basis.
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I have 0.057B o/s
__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes |
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NIGERIAN ENAMELWARE PLC
PERIOD AUDITED 7 MONTHS 30-04-2008 30-04-08 30-07-07 TURNOVER N1.510b N1.568b PROFIT BEFORE TAXATION N41.324m N38.233m TAXATION (N21.541m) (N13.694m) PROFIT AFTER TAXATION N19.783m N24.539m RETAINED EARNINGS N2.503m N7.259m PROPOSED DIVIDEND 60K PROPOSED BONUS ISSUE 1 FOR 5 AGM DECEMBER 11TH 2008 CLOSURE OF REGISTER NOVEMBER 13TH TO 27TH 2008 PAYMENT DATE DECEMBER 24TH 2008 NOTE THE COMPANY HAS CHANGED ITS ACCOUNTING YEAR FROM SEPTEMBER TO APRIL
__________________
The secret of stock investment lies in the ability of the stock investor to hybridize the growth and value theories of stock analysis-by billions. |
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Quote:
__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes |
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The Share Price Of Nigerian Enamelware Plc Was Adjusted For A Final Dividend Payment Of 60kobo Per Share And Scrip
Issue Of 1 For 5.
__________________ “The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes |