gulf general investment co (GGICO:DFM)
gulf general investment co (GGICO) Snapshot
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Open
0.54
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Previous Close
0.50
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Day High
0.58
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Day Low
0.48
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52 Week High
05/16/13 - 0.58
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52 Week Low
05/31/12 - 0.26
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Market Cap
1.0B
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Average Volume 10 Days
3.9M
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EPS TTM
-0.18
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Shares Outstanding
1.8B
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EX-Date
--
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P/E TM
--
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Dividend
--
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Dividend Yield
--
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Related News
gulf general investment co (GGICO) Related Businessweek News
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Gulf General Investment Company (P.S.C) engages in manufacturing, industrial, financing and brokerage, insurance, retail, services, trading, transport, hospitality, real estate development, and shares and securities investment activities in the United Arab Emirates and internationally. It manufactures and trades in lubricants, blending oils, and greases; prefabricated houses, concrete, carpentry, restaurant, ovens, kitchens, and central air-conditioning systems; and plastic goods. The company is also involved in the general trading; writing of insurance products; transportation of general materials by trucks; investment and management in commercial/industrial/agricultural enterprises; real estate development; marine inspection; testing of petroleum products; management of hotels; fabrication of steel; and trading of steel, asphalt, food products, and drinks. In addition, it provides engineering services for stainless steel, power, and desalination; securities and maintenance services; and real estate agency services. The company was formerly known as Arab Economists Corporation (P.S.C) and it changed its name to Gulf General Investment Company (P.S.C) in 1992. Gulf General Investment Company (P.S.C) was founded in 1973 and is based in Dubai, the United Arab Emirates.
gulf general investment co (GGICO) Key Developments
Gulf General Investment Company (P.S.C) filed its Annual on Apr 01, 2012 for the period ending Dec 31, 2011. In this report its auditor, Deloitte & Touche LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.
Gulf General Investment Company (P.S.C) announced earnings results for the year 2011. For the year 2011, the company reported loss of AED 1.08 billion compared with AED 973 million a year earlier, blaming the results on 'impairment of real estate, fair losses in financial securities, impairment on revaluation of repossessed apartments and provisions in receivables.' Revenue was AED 1.983 million, down from AED 2,853 million in 2010.
Gulf General Investment Company (P.S.C)(DFM:GGICO) dropped from S&P Pan Arab Composite
| Recently Viewed | |||
| GGICO:UH | 0.56 AED | +0.056 | |
| Company | Last | Change | |
| No competitor information is available for GGICO. | |||
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Industry Analysis
GGICO
Industry Average
| Valuation | GGICO | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.3x |
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| Price/Book | 0.7x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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To contact GULF GENERAL INVESTMENT CO, please visit www.ggicouae.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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