Please find below the list of quoted companies, sorted by market capitalization.
The figures speak for themselves ...
Pasha Boucher
Translation By Bella March
In a virtual atmosphere, like that one of SL, with a virtual stock market exchange (WSE),
Currently, there are 45 companies quoted on the WSE and approximately 15-20 of them have already distributed some dividend.
Of course, we will see how regular this companies will be able to be as far as dividend delivery is concerned.
Ps: The frequency of distribution of dividends is somehow arbitrary: there are companies which distributes their dividends monthly or even weekly.
The Pb Asset Management, for the its own investments, considers the price/dividend ratio on a monthly base.
Pasha Boucher
Translation by Mr Jo Bleac
Everythings started yesterday in the evening when 4 million stocks appeared on the book sell side, every stock divided in orders of 200.000/300.000 pieces at prices included between 2.90 and 3.50 L$.
Now, if we consider that the HCL consists of 25 millions shares, it was very disappointing for the investors to see such a selling pressure on the stock. This high pressure started the panic selling: everybody started selling! A high selling volume with 1.3 million stocks exchanged at a price included between 1 and 3.29 L$ per stock.
But, who is HCL group?
The prospect is clear: they are the WSE owner, at 100% since few weeks ago, furthermore they have other activities such as Our Bank LTD., a second life bank.
Let's try to evaluate HCL group: we have said that the company consists of 25 millions shares, and if we consider price swinging in the last 24h(min 1L$, max 3.29L$) we can obtain a capitalization included between 25 and 82 million L$.
The WSE take 3% of commission on the total value of each contract, and if we consider that in the first month (as reported on their site) a total market value of 129 milion of L$ was registered, we obtain 3.8 million L$ per month revenue. If we project this revenue on an annual base we have 46 million L$; add the positive increase of the market, as the economy of SL grows up at a 10-15% monthly.
Unluckily, we do not have much info about the other activities of HCL group and about the mothly costs. Nevertheless, we can make an annual projection with capitalization/return statement included between 0.54 and 1.78.
Each of us draw her own conclusions!