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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » BIL.N0000,,,,,,,,,,,,,,,,,,,,

BIL.N0000,,,,,,,,,,,,,,,,,,,,

Go down  Message [Page 1 of 1]

1BIL.N0000,,,,,,,,,,,,,,,,,,,, Empty BIL.N0000,,,,,,,,,,,,,,,,,,,, Tue Jul 26, 2011 2:01 pm

udul


Senior Equity Analytic
Senior Equity Analytic
BIL.N0000 trading under ipo price is it worth 2 hold ????

2BIL.N0000,,,,,,,,,,,,,,,,,,,, Empty Re: BIL.N0000,,,,,,,,,,,,,,,,,,,, Tue Jul 26, 2011 2:09 pm

udul


Senior Equity Analytic
Senior Equity Analytic
http://www.cse.lk/cmt/upload_report_file/1077_1311650517921..pdf

3BIL.N0000,,,,,,,,,,,,,,,,,,,, Empty Re: BIL.N0000,,,,,,,,,,,,,,,,,,,, Tue Jul 26, 2011 2:10 pm

poshkid


Equity Analytic
Equity Analytic
I thinks its not worth to sell at a loss if you are not in a hurry. At least 10% of gain we should have... So, don't sell at lower....


All retail investors should be strong and hold on !!!! cheers

4BIL.N0000,,,,,,,,,,,,,,,,,,,, Empty Re: BIL.N0000,,,,,,,,,,,,,,,,,,,, Tue Jul 26, 2011 5:58 pm

Devalochana


Stock Trader
I also feel that we should hold it... I can't imagine why people sell on the 1st day of trading even below IPO price.... Can't fathom whether the sellers are irrational or holders are irrational...!
However, we have bad experience of EXPO, SHL going this way and FLCH ending up where it is...!
I also think retailers should hold on...!

5BIL.N0000,,,,,,,,,,,,,,,,,,,, Empty Re: BIL.N0000,,,,,,,,,,,,,,,,,,,, Tue Jul 26, 2011 6:03 pm

udul


Senior Equity Analytic
Senior Equity Analytic
[quote]
I think retailers are justifiable coz they have bad experience in SHL therefor they want get their money as soon as it trade, tz happen when lack of confidence of the investors towards to the mkt

Lets hope 4 good Very Happy

6BIL.N0000,,,,,,,,,,,,,,,,,,,, Empty Re: BIL.N0000,,,,,,,,,,,,,,,,,,,, Tue Jul 26, 2011 6:58 pm

sajeethk


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
i think there is possibility going up when the market goes up. cos its co income is come from investment..

7BIL.N0000,,,,,,,,,,,,,,,,,,,, Empty Re: BIL.N0000,,,,,,,,,,,,,,,,,,,, Tue Jul 26, 2011 9:27 pm

wiser

wiser
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
This a good company. Private placement also done at 5. IPO is seems like undervalue compare to recent IPOs. I don't know why people are selling it at a loss.

8BIL.N0000,,,,,,,,,,,,,,,,,,,, Empty Re: BIL.N0000,,,,,,,,,,,,,,,,,,,, Tue Jul 26, 2011 10:28 pm

2011_NewComer

2011_NewComer
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
It's not selling at a loss.. When look at the day's trades during 9 -10am there have been sales at rs 5 many millions.(nearly 50 mil shares)
5 1,000,000.00
5 1,000,000.00
5 1,000,000.00
5 1,000,000.00
5 1,000,000.00
5 1,000,000.00
5 1,000,000.00
5 1,000,000.00
5 1,000,000.00
5 1,000,000.00
5 1,000,000.00
5 1,000,000.00
5 1,000,000.00
5 1,000,000.00
5 1,000,000.00
5 1,000,000.00
5.1 1,000,000.00
5 1,400,000.00
5 1,864,300.00
5 2,000,000.00
5 2,000,000.00
5 2,000,000.00
5 3,500,000.00
5 8,000,000.00
5 10,000,000.00

For sure it can't be people who bought at 5.

Many said that PP was at 5. Anyway some have got it for less than 5 for sure.

9BIL.N0000,,,,,,,,,,,,,,,,,,,, Empty Re: BIL.N0000,,,,,,,,,,,,,,,,,,,, Tue Jul 26, 2011 11:10 pm

xhora

xhora
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
their was a huge buying pressure at Rs.5

10BIL.N0000,,,,,,,,,,,,,,,,,,,, Empty Re: BIL.N0000,,,,,,,,,,,,,,,,,,,, Tue Jul 26, 2011 11:13 pm

ISURU

ISURU
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
What will happen tomorrow?

11BIL.N0000,,,,,,,,,,,,,,,,,,,, Empty Re: BIL.N0000,,,,,,,,,,,,,,,,,,,, Tue Jul 26, 2011 11:17 pm

Marketinvest

Marketinvest
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Morning green evening might come down due to monthend settlements

12BIL.N0000,,,,,,,,,,,,,,,,,,,, Empty Re: BIL.N0000,,,,,,,,,,,,,,,,,,,, Tue Jul 26, 2011 11:21 pm

wiser

wiser
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Yes, I also studied this huge sell @ 5 but according to prospecture who sold was bought at 5. Any way because of this guy it went to below IPO price.

13BIL.N0000,,,,,,,,,,,,,,,,,,,, Empty Re: BIL.N0000,,,,,,,,,,,,,,,,,,,, Wed Jul 27, 2011 12:08 am

Rajaraam


Vice President - Equity Analytics
Vice President - Equity Analytics
According to the IPO documents Number of shares of BIL has been increased to 1860 mn as follows;



15th Nov 2010(number of shares issued up to this date)= 98mn(Original value Rs10/-)

16th Nov 201o after 1 in to 10 split= 980mn(cost is Rs.1.00)

03rd Feb 2011 Private placement=830mn(at Rs.5.00)

Total number of shares after PP=1810mn

IPO number of shares Issued=50mn(at Rs. 5.00)

Total number of shares after IPO=1860mn



Number of shares sold Today=74.7mn

Number of shares sold Today below IPO price=5.7mn

Number of shares sold Today above Rs.5.00= 69mn



Who can sell below IPO price with a huge profit=original shareholders who hold a tatal of 980mn shares(cost is Rs. 1.00)

Today only 74.7 mn shares were sold. Still over 900 mn shares are there with a cost of Rs.1.00

conclusion; In the next few days selling pressure would be increased and there is a posibility for falling down the price further.

This is my view only. I may be totaly wrong. Not a buy/sell/hold recommendation pl.

14BIL.N0000,,,,,,,,,,,,,,,,,,,, Empty Re: BIL.N0000,,,,,,,,,,,,,,,,,,,, Wed Jul 27, 2011 1:37 am

stumpy

stumpy
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Rajaraam wrote:According to the IPO documents Number of shares of BIL has been increased to 1860 mn as follows;



15th Nov 2010(number of shares issued up to this date)= 98mn(Original value Rs10/-)

16th Nov 201o after 1 in to 10 split= 980mn(cost is Rs.1.00)

03rd Feb 2011 Private placement=830mn(at Rs.5.00)

Total number of shares after PP=1810mn

IPO number of shares Issued=50mn(at Rs. 5.00)

Total number of shares after IPO=1860mn



Number of shares sold Today=74.7mn

Number of shares sold Today below IPO price=5.7mn

Number of shares sold Today above Rs.5.00= 69mn



Who can sell below IPO price with a huge profit=original shareholders who hold a tatal of 980mn shares(cost is Rs. 1.00)

Today only 74.7 mn shares were sold. Still over 900 mn shares are there with a cost of Rs.1.00

conclusion; In the next few days selling pressure would be increased and there is a posibility for falling down the price further.

This is my view only. I may be totaly wrong. Not a buy/sell/hold recommendation pl.

You're correct Raj!
Rich getting richer n poor getting poorer!

@Stumpy wrote:
Oh! Shit! I just calculated average cost for PP ppl should be around Rs. 2-3/=

Does anyone have Private placement document of BIL?
(then we can get to know the real price)

15BIL.N0000,,,,,,,,,,,,,,,,,,,, Empty Re: BIL.N0000,,,,,,,,,,,,,,,,,,,, Wed Jul 27, 2011 5:32 am

econ

econ
Global Moderator
@Rajaraam wrote:According to the IPO documents Number of shares of BIL has been

Who can sell below IPO price with a huge profit=original shareholders who hold a tatal of 980mn shares(cost is Rs. 1.00)

Today only 74.7 mn shares were sold. Still over 900 mn shares are there with a cost of Rs.1.00

conclusion; In the next few days selling pressure would be increased and there is a posibility for falling down the price further.

This is my view only. I may be totaly wrong. Not a buy/sell/hold recommendation pl.

those early shares at 1 rupee were held by browns, lolc and other major shareholders.
so for any company directors/major share holders have shares from the begining. so if they sell their all shares then what is thier business. why do they still active in business?
I do not think selling shares at IPO is the business of Browns owners.
lol.



16BIL.N0000,,,,,,,,,,,,,,,,,,,, Empty Re: BIL.N0000,,,,,,,,,,,,,,,,,,,, Wed Jul 27, 2011 5:49 am

Aamiable


Vice President - Equity Analytics
Vice President - Equity Analytics
@udul wrote:BIL.N0000 trading under ipo price is it worth 2 hold ????


All IPOs seem to be same... Exclamation

17BIL.N0000,,,,,,,,,,,,,,,,,,,, Empty Re: BIL.N0000,,,,,,,,,,,,,,,,,,,, Wed Jul 27, 2011 8:18 am

poshkid


Equity Analytic
Equity Analytic
If the post-IPO price is less than the IPO price as in all recent IPOs ; I think we should boycott all these IPOs as retail investors and buy them at a lower price in secondary market... scratch

18BIL.N0000,,,,,,,,,,,,,,,,,,,, Empty Re: BIL.N0000,,,,,,,,,,,,,,,,,,,, Wed Jul 27, 2011 8:47 am

Rajaraam


Vice President - Equity Analytics
Vice President - Equity Analytics
@econ wrote:
@Rajaraam wrote:According to the IPO documents Number of shares of BIL has been

Who can sell below IPO price with a huge profit=original shareholders who hold a tatal of 980mn shares(cost is Rs. 1.00)

Today only 74.7 mn shares were sold. Still over 900 mn shares are there with a cost of Rs.1.00

conclusion; In the next few days selling pressure would be increased and there is a posibility for falling down the price further.

This is my view only. I may be totaly wrong. Not a buy/sell/hold recommendation pl.

those early shares at 1 rupee were held by browns, lolc and other major shareholders.
so for any company directors/major share holders have shares from the begining. so if they sell their all shares then what is thier business. why do they still active in business?
I do not think selling shares at IPO is the business of Browns owners.
lol.






Not all shares brother. Total shares sold yesterday was only 74.7 mn. Total shares held by original shareholdetrs before PP 980 mn. 5% of that is around 49 mn shares.You say major share holders are not going to sell their shares at the bigining.

But as we know what happend is they sell at a higher price and buy at a lower. All HNWIs in sri lanka try ro earn big money from share dealing rather than from the business.(as dividends)This is a well known factor now.

19BIL.N0000,,,,,,,,,,,,,,,,,,,, Empty Re: BIL.N0000,,,,,,,,,,,,,,,,,,,, Wed Jul 27, 2011 9:16 am

ishnet

ishnet
Manager - Equity Analytics
Manager - Equity Analytics
First off the block for Browns Investments yesterday was 783,600 shares executed at Rs. 5.10 each via 416 trades. Thereafter 1.34 million shares were done at Rs. 5.20 each via 183 trades followed by 2,000 shares at Rs. 5.30 via just two trades. Overall only 11,000 shares traded at peak price of Rs. 5.30 including some small blocks like 200 shares.
http://www.ft.lk/2011/07/27/browns-investments-bites-the-dust-too/

20BIL.N0000,,,,,,,,,,,,,,,,,,,, Empty Re: BIL.N0000,,,,,,,,,,,,,,,,,,,, Wed Jul 27, 2011 10:44 am

ISURU

ISURU
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Back to the IPO price Very Happy
Thanks god cheers

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