ecp to get hammered, page-18

  1. 2,961 Posts.
    re: today is last day to vote no - correction I am pretty sure that ECP would not be calling holders getting them to sign proxys if they were not concerned about the backlash against using our own capital not in a buy back or shares, but to close us out. Thats OUR capital not the employees and certainly not the Packers.

    Event their announcements have been designed to lower interest - what effect on a shre price when this is announced ?

    ECORP LIMITED 2003-03-04 ASX-SIGNAL-G

    HOMEX - Sydney

    +++++++++++++++++++++++++
    APPENDIX 4B
    HALF YEARLY REPORT

    Name of entity
    Ecorp Limited

    ACN, ARBN, ABN or ARSN Half Preliminary Half Year ended
    yearly final ('current period')
    (X)
    99 063 248 671 31/12/2002


    FOR ANNOUNCEMENT TO THE MARKET AUD000
    Extracts from this report for announcement to the market (see note 1).

    Revenues from ordinary activities
    (item 1.1) up 457% to 157,628

    Profit (loss) from ordinary activities
    after tax attributable to members
    (item 1.22) up -% to 108,735

    up -% to 108,735

    Brief explanation of any of the figures reported above (see Note 1)
    and short details of any bonus or cash issue or other item(s) of
    importance not previously released to the market:

    Revenue from ordinary activities above include the proceeds from the
    sale of ecorp's 50% share in eBay Australia & New Zealand of
    $118,703,000.

    The net profit from ordinary activities above includes a pre-tax
    profit on the sale of ecorp's 50% share in eBay Australia & New
    Zealand of $112,245,000.

    ++++++++++++++++++++++++++++++++++++++++++

    Send your NO proxy in " tell em to get stuffed "

    Our company is worth or the 0.55c !!!!! Its a long term cash cow - look at Ebay !!!


    Singas


 
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