JUST BOUGHT SOME LOOKS A BARGAIN AND THE PROFITS WILL ROAR AHEAD THIS YEAR.

ANY THOUGHTS?

Ah, so! It appears ENN has more assets than it thought - so that means they need more money - eh? Oh well the sp has taken a dive of about20%, even from these recent lows ( I bought at 44p, doh!), and that's that. I'm inclined to wait until there is a Rights Issue/Placing ( PI's never get the opportunity do we?) - and see where the sp goes - sub 10p maybe....oh deary.
+ Harrycat - it looks like they reviewd their Debt and didn't like it!
And ENN looked Rock-solid!

EDIT 15Sept08 - (=the day Leman Bank Burst!) - ENN down 45% (now 10p!!!), - on fears they have to sell part of the US-operation (presumably to get some easy-cash?). Not sure I like the suggestion that "One Party - preferential, etc." Doesn't sound like an "Arm's-length" transaction - will that mean it's sold cheap? Shareholders have seen a destruction of 75% of value...in less than a year!
Arrgh! Yes, I did mention 10p, = double Aargh!

Odd that an offer appears in their hour of need.

Where were they when ENN needed extra funding - looks like waffle, or an opportunistic "cut and run"....Grr


EDIT:(30.Oct.08)...Massive falls -currently abt. 4p - and Shares has this as a SELL - it seems, being allied to "Construction" equates to Housebuilding - although they provide Road-grit, rail-balast etc...so not Housebuilding. However, there is an obvious "connection" with the Market in General and it seems many holders have taken fright.

Two Down Days!
And today a further 40% - w2ho said "rock solid"
-clearly the Debt is the issue...but 2p?
no, I don't get it.

EDIT (21Nov08), Arrgh - seems discussions - just look at this now.
EDIT(02/12/08), - - - sp 1.1/1.35pence . . . . .
EDIT(15/12/080, sp up 25% - yet Sell are greater...huh. . .. yet no Co -news!
(note:- 2x4.5m Buys (after hours) cost just over 30k - someone knows what?)
EDIT(12Jan09)-sp rises[2.5-3.3p]...= 95% as ENN sells a 2.5m asset for 1.2m cash. The cash won't last long AND I smile when MM's can raise a sp on nothing more than petty-cash (having zero effect on the Debt issue).
I wonder what the Consortium plans AND why ENN didn't participate as a stakeholder - could become an "Eden project" with future earnings - which ENN cannot enjoy.... IMHO, Our assets have been sold cheap!...

Oh so it's suspension as Directors have burdened the company. And folks: this is the first year in 20 that the Country needs Grit! ( Snow weather stops Britain)...
-You couldn't write stuff like this!