Ikeja Hotel Plc. - Business - Nairaland
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| Ikeja Hotel Plc. by jacs(f): 8:23pm On Oct 28, 2007 |
Hi Nairalanders! Is Ikeja Hotel Plc shares a stronghold for the future or should i sell it asap? I need ur expert opinion and advice pls. One love! |
| Re: Ikeja Hotel Plc. by BabsO2(m): 8:47pm On Oct 28, 2007 |
Think the price has grown faster than they can sustain a high dividend payment. It's good to buy shares for investments and not speculation. However if in need of cash or aggressive in building networth and careless about really investing then if you get your certificate before the price goes further down  sell. PO price was N 3. Current price is N 6.78  while the peak price was N 8.2  The released result do not show any growth in PAT to support these prices. However many things do happen. I will not be surprised if the price goes up. (They may be into other businesses ?? ,  ) |
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