Jump to content


Photo
- - - - -

Echo Polska Properties (EPP)


  • Please log in to reply
6 replies to this topic

#1 Bullhunter

Bullhunter

    Master

  • Senior Member
  • PipPipPipPipPip
  • 955 posts
  • LocationNorthcliff

Posted 22 January 2018 - 06:07 PM

Earlier this month a director was  buying between R17.41 and R18.25

 

Fair value R22.75

The director happens to be the chairman. Read about the man here:

http://www.westchest...tate-Visionary/


  • 0
Opportunities are made up easier than losses.

#2 Bullhunter

Bullhunter

    Master

  • Senior Member
  • PipPipPipPipPip
  • 955 posts
  • LocationNorthcliff

Posted 22 January 2018 - 05:40 PM

At the current price of R15.45 and Rand/Euro exchange of R14.80, it's a Rand hedge yielding 10% !!! 

Earlier this month a director was  buying between R17.41 and R18.25

 

Fair value R22.75


  • 0
Opportunities are made up easier than losses.

#3 Bullhunter

Bullhunter

    Master

  • Senior Member
  • PipPipPipPipPip
  • 955 posts
  • LocationNorthcliff

Posted 22 January 2018 - 05:17 PM

EPP continues to be well positioned to operate and benefit from favourable market conditions. The board is confident that the company will meet its 2017 full year dividend guidance of EUR10.8 cents per share.

 

EPP's dividend for the 12 month period to 31 December 2018 is forecast to increase by between 7.5% and 8.5%. That's in Euros!

At the current price of R15.45 and Rand/Euro exchange of R14.80, it's a Rand hedge yielding 10% !!! 


  • 0
Opportunities are made up easier than losses.

#4 SoleTrader

SoleTrader

    Advanced Member

  • Junior Member
  • PipPipPip
  • 469 posts

Posted 26 December 2017 - 06:31 PM

In at 1350, out at 1710. As you say, this market is on edge.
  • 0

#5 Bullhunter

Bullhunter

    Master

  • Senior Member
  • PipPipPipPipPip
  • 955 posts
  • LocationNorthcliff

Posted 22 December 2017 - 06:54 PM

A market on edge.

 

News of non-executive director involved in a small, questionable deal with a Polish senator sent the share tumbling 20% in  a day. Like EOH, it was a great buying opportunity. I got some at R14.50, now recovered to R17.00 


  • 0
Opportunities are made up easier than losses.

#6 Shi

Shi

    Little Master

  • Senior Member
  • PipPipPipPip
  • 617 posts
  • LocationCape Town

Posted 22 December 2017 - 09:10 AM

http://www.sharenet....08c6e6bdb658e6e


  • 0
“One day Alice came to a fork in the road and saw a Cheshire cat in a tree. Which road do I take? she asked. Where do you want to go? was his response. I don't know, Alice answered. Then, said the cat, it doesn't matter.” - Lewis Carroll

#7 Bullhunter

Bullhunter

    Master

  • Senior Member
  • PipPipPipPipPip
  • 955 posts
  • LocationNorthcliff

Posted 14 December 2017 - 05:34 PM

EPP continues to be well positioned to operate and benefit from favourable market conditions. The board is confident that the company will meet its 2017 full year dividend guidance of EUR10.8 cents per share.

 

EPP's dividend for the 12 month period to 31 December 2018 is forecast to increase by between 7.5% and 8.5%. That's in Euros!


  • 0
Opportunities are made up easier than losses.





Sponsored by Sharenet and VPSNine Linux VPS Hosting