NEH Huge profit

shan · 1 NEH Huge profit Thu Feb 10, 2011 6:47 pm

shan

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NEH Financial Report out NAVPS 934.58 , EPS 46.68 Profit increase may be they will give something for shares holders.it's possible to break 1800.00 because of profit and illiquid stock.

mono · 2 Re: NEH Huge profit Thu Feb 10, 2011 6:50 pm

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i don't know why these guys aren't going for a split. it seems to me that they don't give a damn about minority shareholders

Slstock · 3 Re: NEH Huge profit Thu Feb 10, 2011 6:58 pm

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mono wrote:i don't know why these guys aren't going for a split. it seems to me that they don't give a damn about minority shareholders

Split talk has been there since July. Not sure whta they gain by keeping this illiquid. Mostly family owned. Guess my road my car my petrol!

mono · 4 Re: NEH Huge profit Thu Feb 10, 2011 7:01 pm

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slstock wrote:

mono wrote:i don't know why these guys aren't going for a split. it seems to me that they don't give a damn about minority shareholders

Split talk has been there since July. Not sure whta they gain by keeping this illiquid. Mostly family owned. Guess my road my car my petrol!

yeah this and ABANS. both of these can do wonders if they go for a split. ABANS especially, if abans does a 10-1 split now from 300-30 they can get the share upto 100 within one year

Monster · 5 Re: NEH Huge profit Thu Feb 10, 2011 8:17 pm

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mono wrote:

slstock wrote:

mono wrote:i don't know why these guys aren't going for a split. it seems to me that they don't give a damn about minority shareholders

Split talk has been there since July. Not sure whta they gain by keeping this illiquid. Mostly family owned. Guess my road my car my petrol!

yeah this and ABANS. both of these can do wonders if they go for a split. ABANS especially, if abans does a 10-1 split now from 300-30 they can get the share upto 100 within one year

Same thing applies to CFIN and DIMO too

tubal · 6 Re: NEH Huge profit Thu Feb 10, 2011 9:04 pm

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There a lot of companies that could do with a split or any other measure that increases liquidity. The CSE has imposed some rules on new listings with minimum number of share holders, minimum market cap and minimum public float.

Unfortunately those rules don't apply to existing listings. So we have companies like SMLL and ASHO where only about 3% of the company is held by the public. We also have companies like DIMO which made 500 million profits during the first half year (and on course to repeating that during the second half), represented by a measly 8.7 million shares. Such a number of shares is probably better suited for that famous Mercedes spare parts shop almost opposite DIMO.

$$$ · 7 Re: NEH Huge profit Fri Feb 11, 2011 12:46 am

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Well said tubal...they should bring in a rule or give a grace period to companies with absurdly low cap to increase before a said period. I mean it's all about increasing share holder participation increasing the market cap of CSE to attract large foreign funds etc. Why not start with the Low cap counters?