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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » BIL N..., Ready to move...?

BIL N..., Ready to move...?

+6
anges
Sarabulathwita
PrabathR
troy
Market Watch
OzTRADER
10 posters

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26BIL N..., Ready to move...? - Page 2 Empty Re: BIL N..., Ready to move...? Thu Sep 04, 2014 8:10 am

SM2014


Manager - Equity Analytics
Manager - Equity Analytics

hettdas wrote:
anges wrote:hmmmmmmmmmm should move to around .90cents a share !

No one even cost  .90 cents.  If some one want to sell BIL at  break even price he/She  should sell at least above 1.40.
The IPO price of this share is RS. 5.00 . Net asset is 5.70

After the right issue, the net asset per share would be 3.475 (if all rights are exercised)

27BIL N..., Ready to move...? - Page 2 Empty Re: BIL N..., Ready to move...? Thu Sep 04, 2014 8:12 am

OzTRADER


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

SM2014 wrote:
hettdas wrote:
anges wrote:hmmmmmmmmmm should move to around .90cents a share !

No one even cost  .90 cents.  If some one want to sell BIL at  break even price he/She  should sell at least above 1.40.
The IPO price of this share is RS. 5.00 . Net asset is 5.70

After the right issue, the net asset per share would be 3.475 (if all rights are exercised)

Can u please explain the calculation for the above "Net asset per share" Please Question Question Question Very Happy Very Happy Very Happy Very Happy

28BIL N..., Ready to move...? - Page 2 Empty Re: BIL N..., Ready to move...? Thu Sep 04, 2014 8:16 am

PrabathR


Manager - Equity Analytics
Manager - Equity Analytics

SM2014 wrote:
hettdas wrote:
anges wrote:hmmmmmmmmmm should move to around .90cents a share !

No one even cost  .90 cents.  If some one want to sell BIL at  break even price he/She  should sell at least above 1.40.
The IPO price of this share is RS. 5.00 . Net asset is 5.70

After the right issue, the net asset per share would be 3.475 (if all rights are exercised)

so when is best time to buy this share.this week or next week.

29BIL N..., Ready to move...? - Page 2 Empty Re: BIL N..., Ready to move...? Thu Sep 04, 2014 8:17 am

OzTRADER


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

PrabathR wrote:
SM2014 wrote:
hettdas wrote:
anges wrote:hmmmmmmmmmm should move to around .90cents a share !

No one even cost  .90 cents.  If some one want to sell BIL at  break even price he/She  should sell at least above 1.40.
The IPO price of this share is RS. 5.00 . Net asset is 5.70

After the right issue, the net asset per share would be 3.475 (if all rights are exercised)

so when is best time to buy this share.this week or next week.

Next Month..

30BIL N..., Ready to move...? - Page 2 Empty Re: BIL N..., Ready to move...? Thu Sep 04, 2014 8:37 am

Sarabulathwita


Vice President - Equity Analytics
Vice President - Equity Analytics

Market R wrote:They issued a Rights in resent month but still those are not trading. If those shares came to market share price will go down bit. This is common for every shares in stock market.


Thanks buddy

It is self exploratory as above

31BIL N..., Ready to move...? - Page 2 Empty Re: BIL N..., Ready to move...? Thu Sep 04, 2014 8:38 am

OzTRADER

OzTRADER
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Sarabulathwita wrote:
Market R wrote:They issued a Rights in resent month but still those are not trading. If those shares came to market share price will go down bit. This is common for every shares in stock market.


Thanks buddy

It is self exploratory as above

??? Question Question Question Question

32BIL N..., Ready to move...? - Page 2 Empty Re: BIL N..., Ready to move...? Thu Sep 04, 2014 8:47 am

hettdas

hettdas
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

SM2014 wrote:
hettdas wrote:
anges wrote:hmmmmmmmmmm should move to around .90cents a share !

No one even cost  .90 cents.  If some one want to sell BIL at  break even price he/She  should sell at least above 1.40.
The IPO price of this share is RS. 5.00 . Net asset is 5.70

After the right issue, the net asset per share would be 3.475 (if all rights are exercised)

Yes. You are correct. After the right issue net asset will be reduced as you mentioned. If they use this Right money as mentioned and wisely they will be able to increase their earnings. Then after few quarters this share would be shining Very Happy

33BIL N..., Ready to move...? - Page 2 Empty Re: BIL N..., Ready to move...? Thu Sep 04, 2014 6:58 pm

Market Watch


Equity Analytic
Equity Analytic

This is highest under value share in the market now. PBV is 0.26.
Market price has to be adjusted accordigly as company earning potention has been improved.finance cost will reduce this year with loan settlement.
What is NAV means if company liquidated, it is entile to get Rs 5.72 for one share you brought from market at Rs 1.70. So see the range of spread margine of actual value and market value.
Happy Trading!!!

34BIL N..., Ready to move...? - Page 2 Empty Re: BIL N..., Ready to move...? Thu Sep 04, 2014 7:42 pm

OzTRADER

OzTRADER
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Market Watch wrote:This is highest under value share in the market now. PBV is 0.26.
Market price has to be adjusted accordigly as company earning potention has been improved.finance cost will reduce this year with loan settlement.
What is NAV means if company liquidated, it is entile to get Rs 5.72 for one share you brought from market at Rs 1.70. So see the range of spread margine of actual value and market value.
Happy Trading!!!

Ok...good explanation but just curios..when will be the right time to enter BIL N...?

35BIL N..., Ready to move...? - Page 2 Empty Re: BIL N..., Ready to move...? Thu Sep 04, 2014 7:53 pm

SM2014

SM2014
Manager - Equity Analytics
Manager - Equity Analytics

OzTRADER wrote:
SM2014 wrote:
hettdas wrote:
anges wrote:hmmmmmmmmmm should move to around .90cents a share !

No one even cost  .90 cents.  If some one want to sell BIL at  break even price he/She  should sell at least above 1.40.
The IPO price of this share is RS. 5.00 . Net asset is 5.70

After the right issue, the net asset per share would be 3.475 (if all rights are exercised)

Can u please explain the calculation for the above "Net asset per share" Please Question Question Question Very Happy Very Happy Very Happy Very Happy

NAPS before the Right issue is 5.70. Right issue is 1 for 1 and issue price is 1.25 then the NAPS after right issue (assuming all is excising rights) is as below
(5.7*1+1.25*1)/(1+1)=3.475

36BIL N..., Ready to move...? - Page 2 Empty Re: BIL N..., Ready to move...? Thu Sep 04, 2014 8:05 pm

SM2014

SM2014
Manager - Equity Analytics
Manager - Equity Analytics

hettdas wrote:
SM2014 wrote:
hettdas wrote:
anges wrote:hmmmmmmmmmm should move to around .90cents a share !

No one even cost  .90 cents.  If some one want to sell BIL at  break even price he/She  should sell at least above 1.40.
The IPO price of this share is RS. 5.00 . Net asset is 5.70

After the right issue, the net asset per share would be 3.475 (if all rights are exercised)

Yes. You are correct. After the right issue net asset will be reduced as you mentioned. If they use this Right money as mentioned and wisely  they will be able to increase their earnings. Then after few quarters this share would be shining Very Happy

Dear no argument BIL is a gud investment. I am asking to get the best price to enter. If some one has bought this at 1.4-1.5 that is ok. But if you buy now at 1.7 for short term gain then be patient to enter. Allow some time to trade after the right issue shares listed bcoz millions of rights traded at 0.1 and 0.2. Those who bought rights at that price the cost would be 1.35. therefore, sometime those cheap selling will bring the bil to 1.5 to 1.6 level one more time and it would be very short term . The situation would be worse if the company issue additional shares whose cost then be only 1.25.

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