Why BLI (Bimputh Finance) is Gold mine ?
BLI Hold 28.02 % of SFL
SFL announced their shares goes to Sub division this month by 10 so after Subdivision SFL may trade more than 25/= or 30/= level
SFL.P already reaching 60/= this week it may pass 75/=
BLI already bought huge amount SFL @275/= So no doubt BLI will take over SFL with another 2% of purchase
these all benefits from SFL
and moreover BLI is very very illiquid stock in the finance company
only 0.91% shares with small holders
Fundamentally very strong
BLI directors or company always increasing their stake all the time
Under 50/= BLI is very good to buy I bought some @ 45/= , 46.90 last Thursday.
just we need to keep this until sub division of SFL .