RE: [sharetrading] ECE Rights Issue

 

I think the company is in lighting sector among others. But the old high is an artificial boost, or so it seems….

BV 224

Sales increase – not worth talking about.  Div 1.2%

My opinion it will be stagnant around these levels for some time….

 

Stay with co’s with sales over 100 crores near per quarter on increasing basis…

 

Abe

 

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From: sharetrading@yahoogroups.com [mailto:sharetrading@yahoogroups.com] On Behalf Of Ravi
Sent: Friday, May 14, 2010 10:27 AM
To: Yahoo Group
Subject: [sharetrading] ECE Rights Issue

 

14/05/10

Dear All

ECE Industries ( BSE: 532491 ) has come out with Rights Issue on following terms

Ratio - 1:1
Price - 100.00 ( 10.0 FV + 90.0 Premium)
Record Date - 28/05/10

The average price is 190.00 for last one year.
Dividend history good

WHAT IS THE VIEW OF EXPERTS?

Ravindra Deshpande

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