EHL 0.00% 88.0¢ emeco holdings limited

this is interesting Emeco Holdings Ltd (EHL.AXEMECO HOLDINGS11...

  1. 9,382 Posts.
    this is interesting

    Emeco Holdings Ltd (EHL.AX
    EMECO HOLDINGS11 February,2009
    11/02/2009 22:48 Sydney, Australia.
    Price Change % Change
    0.315 +0.105 +50%


    EHL.AX , 0.315, +0.105, +50%) was the biggest gainer, rising 50 percent to 31.5 Australian cents. The group said it expected its interim net profit after tax to rise 28 percent, though it also downgraded its full year earnings forecast range.

    One trader said the gain was on relief it had not announced plans for a capital raising. The earth-moving equipment group's shares have fallen 72 percent in the past three months. (Editing by James Thornhill) (Additional reporting by Sonali Paul and Denny Thomas)


    and it made bloomberg
    Emeco Holdings Ltd. (EHL AU), an Australian mining services company, leapt 50 percent to 31.5 cents, a record gain. Emeco said it expects to report record net profit for the six months ending December, and that it remains well capitalized.

    so looks good for tomorrow - since its no longer under the radar and people are looking to park their money in solid profit making companies....

 
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