EEN - Undervalued & Oversold

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bobobob5 - Fri, 30 Dec 05 :

SHUJJA: I'd personally be just a wee bit surprised if the sp were down when the market closes today, but I may of course be totally wrong... in any event, Emerald's year ends today (i.e. 31.12.05) and the 5-year sp chart which they publish in the Report will certainly look miles better than it has for ages, because the 31.12.05 level will be close to the 31.12.00 level (the baseline) so EEN's sp performance won't look so out-of-kilter with FTSE oil and gas index (also on the chart). And if one were to adjust it for the 25p 'Rights' effect, it'd be well up! All looking good, imho. bob


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