Citigroup said on 4 March 2005 that not to wait for the divestment because after that the price will go up and the future for Nylex is rosey.Unfortunately now they say sell unless there is a takeover ie. it is a dog.
Hopefully Nylex will prove the origonal the origonal prediction correct and Nylex will rise up.Glen Casey&Co seems to have done a very good job on dealing with the debt and hopefully the future is bright.
The turnover expected in 2006 is $300m hopefully Nylex can get a good piece of that as profit to come near(or more) to matching last year's $20m.They will have a $45m extraordinary profit which is better than the the $50m extraordinary loss last year.
The Chinese New Year(tommorow) is the Year of the DOG.Let us hope it is the year of a dog called Nylex, a dog that bites all the brokers(so called because they send you broke) on the bum.
Add to My Watchlist
What is My Watchlist?