rekirkham
- 01 Jun 2012 11:18
EMG say the coming annual div may be 22 cents per share
22 / 1.53 = 14.39p / 76 = Yield about 18.75%
Company assets value said to be about 79p per share
I do not think EMG is going bust any time soon.
All it needs is better Stock market sentiment and the
76p could easily double
It is a take over target at this 76p price, and bargin
rekirkham
- 21 Jun 2012 09:38
- 11 of 17
I am happy enough, how about you chuckles.
It seems that Chris Carson has some insecurity problem,
which I really do not want to get into, as it is up to him to sort himself out.
Anyone who uses bad language like he does only shows himself up.
Does he think I or others are intimidated him ? I am not.
Perhaps he needs to calm himself down, and look at at world more rationally.
I really do not want to get into a pointless slanging match with kindhearted Chis .
Chris Carson
- 21 Jun 2012 13:26
- 12 of 17
Ok,enough already. Although said tongue in cheek, I was totally out of order using that type of language and I apologise to you both.
skinny
- 21 Jun 2012 13:30
- 13 of 17
So stand down Harry Hill? :-)
HARRYCAT
- 21 Jun 2012 13:49
- 14 of 17
.."sincerely hope the three of you are very happy together" :O)
Chris Carson
- 21 Jun 2012 13:51
- 15 of 17
No sense of humour some people eh :O)
hangon
- 21 Jun 2012 17:21
- 16 of 17
Yield is good, - but not for[EMG] investors whose LT losses have been much greater.
Furthermore there is a risk the dividend may be cut - halving it would make sense as the "high Yield" points to sp woes.
I bought a few at £1 but sold when it became obvious this was going lower. It's not gone much further (than my Sell price), but at least I sleep soundly. There should be plenty of time to buy-in when the World Economics stab . . . and frankly I don't see that soon. The UK Olympics may be a distraction, along with good weather (I hope), but Euro-land is still not recovering, let alone "Recovered".
Man has a new business model (they say)[DYOR}, but clearly there is so much of the Old-Model about iot may take a very long time before profits overtake LT losses.
This used to be £5 not that long ago.
-for me 51p is about right when all the gloom is out.
chuckles
- 21 Jun 2012 18:40
- 17 of 17
no need to apologise to me, don't think I'll ever start a thread though if that's the thanks for doing it.