Estonian Express shares have fallen 79.5 percent
This is a graph of AS Express Group shares first listed from the behavior of the 2007th in the spring. At the time, Hans Luik promised the people of shares, or a popular and profitable. In fact, the price had dropped from 106 EEK EEK 6, even after (June) or a decrease of 94.24 percent. By September, there has been a significant increase of 21 kroons. Thus, 79.5 percent of the stock decline in the early days.
Express Group's share price has fallen to 94protsenti
Such a consistent decline in the value of one, too painful to watch. To think of the thousands on people who put their savings in small speculation in the game, and now see their consistent decline.
Particularly telling, however, is the shrinking of the share transactions.
Share trading
Price, 2007 a. 2008 a. 2009
Opening 106.08 72.13 12.20
Highest 117.35 72.44 23.00
Lowest 71.82 10.17 6.10
Last 73.23 12.36 21.75
Traded shares 7 343 762 3 503 571 1 593 823
Turnover, million 696.23 133.93 17.50
Market value, m 1 389.18 234.50 453.44
In 2007 the turnover was 696 million, this year 17 million, or 1.7 percent the first year of the whole volume. Frustrating Express Group! I certainly understand that Hans has a majority stake in Swan placed in different accounts and their transactions can not be done just through on a daily basis but still shows like tissue that investors have no confidence in the media company's vitality.
At http://statistics.e-register.ee/shlist/show.php can also check out the company's shareholders and to make sure that there are still huge but one or two people share. Did you know that the securities account maintenance fee of 10 kroons per month? That's a clear cash payment of money and not earning anything.
My recommendation is to replace the Leito Express at all doors to hold, not only Maaleht and Delfi. Times, however, touched off further selling as there should be somewhere in the rich fool. However, you should be able to withstand at least November, because in a very dismal laarikud IRL-ist, and without the constant loss of the election the Centre Party and the Reform of the Central näopeksuta can be fit into the boat together again.
