Sunday, April 29, 2007

A small cap on WSE

Today, we'll talk about a small Company, rated at WSE: ALLURIS ESTATE (ALL).

The core business of ALL is in houses and their mission is to offer low fee rental in addiction with a high quality assistence to the costumer.



The financial report concerning March 2007:
Company: Alluris Estates (ALL)
Chief Executive Officer: Ox64 Sachs
Company Website: http://www.allurisestates.com
Shares Outstanding: 813,600
Shares Floating: 121,945
Float %: 14.99

Valuation Measures:
Current Price (L$): 0.90
Market Capitalization (L$):
732,240.00
P/E (Price/Earning per share):
13.51
Payback ratio (Price/Dividend per share):
15.01
Earning Yield (EPS/Price) :
6.83%
Dividend yield (DPS/Price):
6.66%
Dividend Growth:
121.26%


The shares outstanding is 813,600 shares that, at the current price of 0.90 L$ per share, return a result of 732,240.00 L$ of market capitalization only. The floating shares amount to 15%.

The dividend yeld is 6.66%, but with a dividend growth referred to the month of February of 120%. If this item should have been confermed even at 50% in April, the earning would be of 10% about. Our evaluation is however positive.

Un fortunately, during March the Company communicated only earnings and dividends, but not the others fondamental items too as incomes, expenses, cash flow, Buildings, Building's value and debits.

I wrote some days ago to support@allurisestates.com asking for these important items, but untill today, I didn't receive any answer. This morning I asked Miss Nissa Sullivan, manager of ALLURIS these notices via IM and now I'm waiting for an answer.

P.S. To give periodically a complete financial report is surely a sign of more trasparency and respect to the shareholders. Unfortunately these missing financial reports are a common matter for many of the societies traded in WSE.

Pasha Boucher
Translation by Mr McCoy Ducatillon

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