Monday, June 25, 2007

LFB - no high five

for the basket.

Again on the down path -can we break this tendency in the future? We probably not but the the company owner could...

The weighted basket lost -10.52% since 9Jun07 (see sidebar)! Mainly driven due a weak HCL which is still recovering from the turmoils of last week and a BNT which has high flying plans as ever but somewhat problems to show results..

Well, end of month will bring us new information (hopefully) and outlooks which should bring up the values again. And we all wait that WIC is opening the WSE trading window which should boost the titles in WSE, hopefully.

If the basket doesn't increase its value until 10th July LFB will pay a minimum dividend of 2%. We still hope for more of course.

Greetz
Casper Trebuchet

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