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Bt 09 Oct 2007 - Lorenzo Gears Up For Expansion

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jackjames
    04-Jul-2008 23:58  
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never never ask money from shareholder (issuing right shares)...... at price of $0.11 ...

and today indeed price drop to the lowest at 0.11 !!!!! what a day for Lorenzo..  it's high in July 07, $0.56 .. poor thing..
 
 
zhuge_liang
    12-Jun-2008 01:08  
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KE have lowered their target price to $0.24 fr $0.46 to reflect the equity dilution, and have ascribed a lower PER multiple of 8x FY08 PER (from 12x), in line with the average valuation of its furniture peers and retailers listed on the SGX.

- Share price to be constrained by potential equity dilution from this rights issue.

- Heighten risk exposure amid the slowdown in consumer spending and the cooling property market.

- The new plant, if smoothly executed, will only contribute from 2Q09 onwards.

 
 
teeth53
    18-Oct-2007 23:13  
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hnfreedom
    09-Oct-2007 10:13  
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An article appeared on Business Times today stated the Lorenzo expansion plan with DMG target price of 70 cents.

 
 
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