EHL 0.00% 88.0¢ emeco holdings limited

Ann: FY09 first half earnings and updated full ye, page-39

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    re: Ann: FY09 first half earnings and updated...
    And this;

    "The Company continues to observe stable equipment asset values due to a combination of factors including exchange rate movements, production cuts by equipment manufacturers, differential pricing advantage of used over new equipment and general quality of the Emeco fleet due to its world class asset management practices.

    As a result Emeco expects to announce at its half year results net tangible assets per share of $0.82 as at 31 December 2008."
 
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