EHL 1.68% 75.8¢ emeco holdings limited

well, you are wiser than me; I got in at 88, but then traded...

  1. 5,507 Posts.
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    well, you are wiser than me; I got in at 88, but then traded back and forth to get my average to 82.7 (not as good as you )

    I honestly think this is value for the ages; they are going to slowly grow, pay a 5 cent franked dividend (after this year, in my opinion), and become virtually debt free in 3 or 4 years (and that alone earns them 9.25% on being debt free)

    So I can see in a couple years the share worth in the $1.20 range with dividends upped to about 7 cent franked.

    Now to anyone in at 82... you have gained 50% capital growth and 7 cents on 82 cent buy, or 8% franked.

    I hope Mr Market is accepting of my forecast, and will begin to implement it. Of course it is only my 'pie in the sky'.

    One interesting thing (a good thing) is EHL got burned so bad by over extending debt and contracts, that they should know well enough to avoid that. If they start doing dumb things, then I will bail.
 
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Last
75.8¢
Change
0.013(1.68%)
Mkt cap ! $393.9M
Open High Low Value Volume
74.5¢ 76.5¢ 74.0¢ $135.6K 178.8K

Buyers (Bids)

No. Vol. Price($)
10 24141 75.5¢
 

Sellers (Offers)

Price($) Vol. No.
76.0¢ 11204 5
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Last trade - 14.56pm 18/09/2024 (20 minute delay) ?
EHL (ASX) Chart
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