Lemur Invest Makes Asset Rebound with Delicious Demar Enterprises Relisting

Casper Trebuchet Provides Forward Guidance and Update

Nicolo Luminos
Lemur Invest (LEM : ISE) CEO Casper Trebuchet reported the good news that the relisting of Delicious Demar Enterprises (DDE : ISE) has brought LEM(ISE) a recovery of assets previously lost to the WSE disaster.

In the press release Trebuchet stated, "The listing of DDE:ISE has a positive influence on our assets. We had them in the books with L$1. it comes out that this value was underestimated. With current prices of L$2.5 our assets will climb and the NAV will rise to > L$1.4 per share."

And providing insight into the first half of the month of December's operations Trebuchet said, "On the earnings side we worked quite well with the different currency exchanges and are lucky to have invested into some companies which pay dividends. Also trading contributed a bit. Overall we had L$22,000 net profit in the first 12 days of December. We estimate that this value will be doubled till end of the year. If we take a net profit of >40'000 $L and consider that 50% goes into dividends then we can assume a minimum dividend of L$0.015 per share."

All is not perfect, as Trebuchet explained, "There are also some negative points. Our projects really don't advance. Playing on ISE and do some clicks per day to survey is one thing. Investing time into a project needs much more energy and resources which I don't really have right now. But hopefully, I will find a solution for that and a new motivation."http://sl-virtual-world-news.com

Published by Nicolo Luminos

I am a journalist in SL who covers a wide spectrum of topics. Currently working on: Financial Sector Documenting RL/SL Synergies Travelouges/Event Coverage   View profile

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