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
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.