EWC 0.00% 2.0¢ energy world corporation ltd

OK, because people believe I am wrong I have decided - over time...

  1. 24 Posts.
    OK, because people believe I am wrong I have decided - over time - to go through a collection of old Energy World Corporation ASX filings.

    Lets start a long long time ago... this filing from October 2007.

    http://www.asx.com.au/asxpdf/20071106/pdf/315nk9lxjg34yz.pdf

    It contains a letter to shareholders. Attached to that letter is a press release from Siemens (yes the German giant).

    The letter says that Siemens is supplying compressors for the LNG train.

    It says that the first train will be running by the second quarter of 2009 (ie more than three years ago).

    That did not happen.

    It also says - look at the bottom - that this is Siemens press release pg200709070e.

    Its not. There is a real Siemens press release pg200709070e... here it is...

    http://www.siemens.com/press/pool/en/pr_cc/2007/09_sep/sc_upload_file_pg200709070e_1461539.pdf

    So the company released a release to the stock exchange claiming it was released by Siemens. But the press release number does not match Siemens catalogue.




    Enjoy your losses boys.

    Next week another old ASX release will be analyzed for you.



    Brolga
 
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