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i would suggest a buy on this at this price
thats quite alot of holding check out rns this could be another rcg
you have hit the nail on its head, a company makes profit within a year and the share price doest go up, i never saw anything like that in my life, e.g apn makes a slight profit and the share prices shoots up where else eiib makes more then double and share price goes down, i really think there is a market descrimination goin on, anything connected to sharia, they are totally hollow headed brokers/mm etc but it wont be long before they realise the potential of eiib and the profit its generating as theres a market over billions and billions of pounds waiting to be claimed.
PRELIMINARY RESULTS FOR THE YEAR ENDED 31 DECEMBER 2006 The Board of European Islamic Investment Bank plc ('EIIB', the 'Bank', the 'Company') are pleased to announce its results for the year ended 31 December 2006. HIGHLIGHTS *Total operating income of £7.8M, up by 104% (2005: £3.8M). *Profit before tax of £1.89M up by 3% (2005: £1.84M) *Earnings per share 0.07p (2005: 0.11p) *Balance sheet of £236M - up 110% (2005: £112M) *Equity capital base stands at £186M up 67% (2005: £111M) *Participated as a manager / underwriter in eight sukuk and medium term financings *Announced two funds - Pan European Real Estate (PERF) and Structured Equity Fund (SEF) *Opened a Bahrain office and appointed a General Manager to lead the distribution team.
take a look at the results, only admitted to aims last year, if this isnt a multibagger within next year then i dont know what is, we should of had a nice rise, dont know why.
i spoke to momin choudary (02078479922) at eiib and he told me the results will be on 13th march not 28 feb as i thought according to the information on natwestbrokerline, i hold both and eiib is in much better position then ibb, eiib already in profit and results will be good u wont be dissapointed. just hold tight
28th feb prelim, result will be good, dont miss the boat
there is a strong demand for Sharia compliant trade finance facilities, and eiib is in heart of it, one of there joint venture is with hsbc, eiib is already in profit and prelim will be on 28th feb and will be a good one, cch also offers sharia compliant products and look at there share price.
The UK Muslim population now numbers 2.1 million and is currently growing at a faster rate than any other faith based community in Britain. This community contributes £51 billion per year to Britain’s annual GDP and forms the backbone of Britain’s retail and healthcare sectors. Muslim Power 100 is the first initiative in Britain applauding the vital achievement and contribution being made by the British Muslim community to the social, cultural and economic well being of Britain. Muslim Power 100 will be launched in conjunction with the Islamic Business Leaders Awards - a star studded testimonial evening for Britain’s leading Muslim Men & Women. This is the first time ever that such an initiative is being held in Britain and will, without doubt, catch the attention of the media and the British People. There are approximately 350,000 Muslim households in Britain and the Sharia compliant financial services market has grown substantially since 2003 - growing by almost 50% in the last year alone. Furthermore there are over 10,000 Muslim millionaires in Britain making them among the most sought after customers by The UK’s financial services sector. Globally there are 265 Islamic financial institutions providing almost £500 billion of investments. The UK's undisputed excellence in legal, financial and accountancy techniques has already contributed to Britain acting a major hub in the rapidly growing global Islamic finance sector.
uplift should come any time now
ge is funding sit and i think that says alot dyor
it wont suprise me if we see £1 today, usa is going green this company have some of the best contracts
could see 70p soon
i think any deal with tesco is a milestone, more tesco will open up in usa, more contract will be for sit.
best things comes to those who wait. this year will be very very interesting, they are now providing mortgages and customers number increasing.
thanks for the info. will ignore him from now on
i think this might shoot up.
the reason the share price shoot up i think it was tipped in the 'lemmington investors' i havnt seen it myself but market reacted like a gold rush, the loss is mainly due to expansion cost and from 0 customers to begin with, now the customers numbers in region of 30 thousand plus and almost doubleing every year as the bank gets known well in local/national communities and becomming established, the bank provides much more facilities and products then from start and more to come, also the government being more relaxed and want to help islamic financial institutions with 'sharia law' product and services. the current price share is a steal and once this bank announce the customers number million plus there will be a stampede with institution over these shares, slowly but surely it will happen.
things are bad enough why do u make things worse, the shares you recommend is not even fit for a dogs meal, you said strong buy on cn. but guess what even the brokers are not interested in the shares, people can buy them but not sell them and with this share its like flushing ur money down the toilet, u must have some hidden agenda. and its funny ur the only one that comments on those shares, ur like a duracell battery on and on and on and on and,,, so stop it.
yes it can be enforced, Quran(religus book)prohibits any dealing with interest, every muslim knows that, just ask any muslim stranger if u cross by, most transaction nowadays done over phone, internet,post and they are openning more branches, any ibb customers can use lloylds tsb branch to deposist money free of charge, they can use almost any atm machine to get money out free of charge. and this bank is for everyone not only for the muslims. with growing investors from middle east this bank has huge potential.