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El Badr Plastic denies undisclosed material events

El Badr Plastic denies undisclosed material events
El Badr Plastic Co. said, in a statement to the stock market, it has no undisclosed material events that may affect the stock price.
According to the company, there is no P/E ratio for FY11 due to logging losses.
P/E ratio amounted to 88x on 31/12/2012, while there is no P/E ratio on 31/12/2013 due to logging loss and there is no P/E ratio on 31/08/2014.
The statement came in response to the EGX inquiry about the rise in the stock’s market price.