UPA (Utanian Press Agency)
Release: September 11, 300 AP.
Auranj Manufacturing stock soars
A new advertising campaign has commenced by medium-sized manufacturing company Auranj
Manufacturing today, with the company seeking to significantly expand its market share in
Utania. This comes just as the company's share price has soared to Û20.55 in early
The advertisements will appear in print and on the internet, and focus on the company's
new manufacturing capability and its reputation for quality manufacturing. The company
recently purchased Û60 million in computerised manufacturing machines mostly from the
Federal Republic of Whitlam from the proceeds of its recent Û85 million share issue.
The advertisements also feature, for the first time, the company's new branding for marketing
Auranj Manufacturing initially floated as a fifteen million share company in 297, with
five million shares being made available to the public at Û0.60. Another five million
shares were owned by Lord Krysargy, cousin of the Guwimith Tsar, and five million more were
owned by the founder and Managing Director Richard Auranj.
As the company secured more and more deals with overseas companies, particularly in
the past two years, the share price had risen to Û8.00. The company publicly offered
another ten million shares at Û8.50 last year to finance substantial modernisation and
expansion of the company, while Lord Krysargy's five million shares were surrendered to the
The company's share price soared recently after the company secured a deal with Payton
Electric, Utania's largest electrical goods manufacturer, worth over Û70 million. But
Managing Director Richard Auranj has warned investors not to "get too over-excited by the
company's success". The company currently has a capitalisation of almost Û514 million,
and thus an estimated P/E ratio of 29.4.
Auranj Manufacturing employs over 1,800 people, has sales of an estimated Û150
million this year, and estimates a profit of Û17.5 million with a dividend issue of
Û0.50 per share, or currently a 2.43% return. It is the current stock exchange "Hot Stock".
Companies wishing to contact the manufacturer for manufacturing alliances or regarding
future share issues, can contact the company secretary on +151 31 734 0218 or
(NB; ChC1.00 = Û3.00)
©UPA, 300 AP.
©Mike Ham, 2000. All rights reserved. No reproduction without, at least, tacit approval. ;-)