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Energis, READY TO BOUNCE BACK

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march2002 - Thu, 27 Dec 01 :

Whatever your views Egs. has been a shocking investment. Dropping out of the FTSE and becoming a penny stock while the board looked on like lost children. The company itself has performed well under difficult conditions so you can only blame the board and in particular the chairman whose badly chosen words caused a 40% share price drop in 2 days.
This company needs new directors with go in them. The present lot are just carrying out the plan set in motion some years back. Don't be surprised to see the old MD come back with a takeover as he has seen 5 years hard work ruined. This is a great company with a ridiculous valuation!


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