re: return to profits next year towie Hi a summary in an email...

re: return to profits next year towie Hi a summary in an email that I sent to a friend Please DYOR first Towie

Hi the NLXRAs are a right to a convertable note that on payment of 4.6 cents end of October gives you a convertable note that will pay a 10 percent interest payment some of this deferred until the redemption date which will be 2009 also included is an option to buy another share at 4.6 cents that will run until 2009 also . Nylex were once the old adram a once blue Chip Nylex now have 2 major shareholders as backers and have predicted a return to profits next year They are mainly a maker of plastics which the big earner ( As I see it ) will be their rainwater tanks which the government is giving a subsidy to buy and get connected I hope that I have covered it all Cheers I bought Burns Phillp and Brandrill for the same reasons that I am buying nylex They both gave me a good return and I still hold my Brandrill as I expect more from them I also like INL have a few but not enough money to buy as manyas I would like to have