EAL

[ShareCafe]

Created by request:

E & A LIMITED (EAL)

 

Thankyou

ShareScene.com

[bluebug]

This could be worth keeping half an eye on.

 

Forecast profit of $5mill

 

Div yield of around 12%.

 

Would appear to have some upside, if the markets don't get greecey.

[alonso]

Looks promising to me. I'm in for the div anyway and maybe to hold long.

[alonso]

This has had pretty good results imo and the pres is worth a look:

 

http://www.asx.com.au/asx/statistics/displ...;idsId=01356335

http://www.asx.com.au/asx/statistics/displ...;idsId=01356334

[alonso]

While I wait around for NWE to make my fortune, this has produced cap growth of 35% since entry in October.

Substantial buying (for this stock) in past couple of days.

[simrose]

 

 

Hi Alonso.

 

I mentioned EAL on another thread about 9 months ago, and got quickly told

they will not be able to continue the fully franked divvy going forward or

the profits.

 

I researched and found that they could, I accumulated 500,000 of them

and recieved the $10,000 , nwts the company has already announced that

profits will be up and the divvy increased, if as I think it will be 3 CENTS

for this period, and should be the same next half making 6 Cents for the

year at the least making the share on its current price of 45 c paying a

13% ff divvy for the year, now I could be wrong the divvy could be more

considering they paid $10 Million of debt down last half and have re-

negotiated there bank lending down substantially, with all these contracts

being won of late, on top of there order book which is full for the next 2

years, that means only one thing expansion and more profits.

 

I have accumulated more in the last 2 days, and I am very happy, I missed

the sharp rise last thursday and friday, as I was away and did not look at

the market, and was delighted to see the shares rise 10 Cents, all looks

good for the next few years, the good thing about management is they

decided to go australia wide and this is going to make a big difference

going forward.

 

Well done to you Alonso, also to a few others that I know started buying

back around the 17Cent mark.

 

Cheers.

Simmo.

 

[alonso]

yep I've seen your posts simrose, always interesting.

[alonso]

Another good ann sees a positive move in sp.

 

http://www.asx.com.au/asx/statistics/displ...;idsId=01368709

 

Nice to see them securing contracts with the big boys like Leightons.

[simrose]

Hi alonso.

 

I wish you, and all the sharescene family the best for 2013.

 

Our investment in EAL will go very well for us in the next few years regardless what happens

 

in the US of A.

 

If you have time, do some research on Guf while the markets are closed it looks very good.

 

Cheers.

 

Simmo.

[alonso]

Seems to be running ahead of itself, might be time to reassess.

 

Will have a look at GUF. Do you have any opinion on BYL?