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» LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)
Can BLI ignite another run? EmptyYesterday at 8:59 pm by Backstage

» HASU.N0000 (HNB ASSURANCE PLC)
Can BLI ignite another run? EmptyYesterday at 6:05 pm by Ethical Trader

» EAST WEST PROPERTIES PLC (EAST.N0000)
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» අසිරිමත් සුබ නව වසරකට ආසිරි !
Can BLI ignite another run? EmptyWed Apr 17, 2019 6:33 pm by hammurabi

» Thread for News on CSE and SL Economy
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» Dividend Announcement
Can BLI ignite another run? EmptySat Apr 13, 2019 10:53 pm by nihal123

» SEYLAN DEVELOPMENTS PLC (CSD.N0000)
Can BLI ignite another run? EmptyFri Apr 12, 2019 8:55 am by yellow knife

» East West properties
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» HHL.N0000 ( Hemas Holdings PLC)
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» Thread for News on Local and Foreign Politics
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» අනං මනං! #/+?.<>
Can BLI ignite another run? EmptyMon Apr 08, 2019 7:23 pm by ruwan326

» DFCC.N0000 ( DFCC BANK PLC )
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» කිරි පිටි ගැන ඔබ මෙතෙක් නොදත් දේ
Can BLI ignite another run? EmptyMon Apr 08, 2019 5:31 am by Ethical Trader

» CONN.N0000
Can BLI ignite another run? EmptySun Apr 07, 2019 3:15 pm by NIRMALSG

» LION.N0000 (Lion Brewery Ceylon PLC)
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»  5000 Post Milestone - Congratulations
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» NTB.N0000 (NATIONS TRUST BANK PLC)
Can BLI ignite another run? EmptyFri Apr 05, 2019 1:37 pm by Ethical Trader

» හීන්බන්ඩාගේ රැකියාව ඇසූ පසු පොලිස් නෝනලාට තරු පෙනුනා
Can BLI ignite another run? EmptyFri Apr 05, 2019 12:36 pm by Ethical Trader

» Micro Finance
Can BLI ignite another run? EmptyFri Apr 05, 2019 12:14 pm by yellow knife

» REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)
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» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
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» PLC.N0000 ( People's Leasing and Fiance PLC)
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» VPEL.N0000 (VALLIBEL POWER ERATHNA PLC )
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» SAMP.N0000 (SAMPATH BANK PLC)
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» Sinhala Cinema
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» SEYB.N0000 ( SEYLAN BANK PLC )
Can BLI ignite another run? EmptyTue Apr 02, 2019 11:23 am by Backstage

» LIOC.N0000 (Lanka IOC PLC)
Can BLI ignite another run? EmptyTue Apr 02, 2019 11:15 am by LSE

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
Can BLI ignite another run? EmptyTue Apr 02, 2019 11:11 am by Backstage

» Plantation sector updates
Can BLI ignite another run? EmptyMon Apr 01, 2019 2:13 pm by nihal123

» What to Analyse
Can BLI ignite another run? EmptyMon Apr 01, 2019 8:00 am by yellow knife

» MTD WALKERS - KAPI
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» VONE.N0000 (VALLIBEL ONE PLC)
Can BLI ignite another run? EmptySun Mar 31, 2019 6:09 pm by lanka

» In the Meantime, Within Our Shores !
Can BLI ignite another run? EmptySun Mar 31, 2019 11:22 am by කිත්සිරි ද සිල්වා

» PB. N0000 (People's Bank)
Can BLI ignite another run? EmptyFri Mar 29, 2019 5:33 pm by yellow knife

» Obituary Notice.
Can BLI ignite another run? EmptyFri Mar 29, 2019 5:07 pm by කිත්සිරි ද සිල්වා

» Happy Birthday
Can BLI ignite another run? EmptyFri Mar 29, 2019 9:58 am by Backstage

» Re: Financial reports Q1-2019
Can BLI ignite another run? EmptyFri Mar 29, 2019 7:45 am by serene

» Save Wilpattu !
Can BLI ignite another run? EmptyThu Mar 28, 2019 1:58 pm by puliyanam

» Help him Today, so he can help another Tomorrow
Can BLI ignite another run? EmptyThu Mar 28, 2019 7:49 am by serene

» HNB.N0000 ( Hatton National Bank PLC)
Can BLI ignite another run? EmptyTue Mar 26, 2019 6:18 am by pjrngroup

» අපිට විතරද පායන්නේ ?
Can BLI ignite another run? EmptyMon Mar 25, 2019 9:06 pm by malanp

» Tourism sector
Can BLI ignite another run? EmptyMon Mar 25, 2019 5:47 pm by NIRMALSG

» Oman's Oil and Gas Minister Dr. Al Ruhmy arrives in Lanka.
Can BLI ignite another run? EmptySun Mar 24, 2019 12:11 pm by Ethical Trader

» රෝගීන් වෙනුවෙන් කැප වන සෞඛ්‍ය සේවාවක් වෙනුවෙන්.....
Can BLI ignite another run? EmptyTue Mar 19, 2019 9:34 am by AjithR

» JEWS OF SRI LANKA: AN UNTOLD STORY
Can BLI ignite another run? EmptyTue Mar 19, 2019 9:22 am by කිත්සිරි ද සිල්වා

» How Small We are in the universe
Can BLI ignite another run? EmptyTue Mar 19, 2019 7:29 am by nihal123

» ඉස්සරහට අපි පරදින එකනම් ෂුවර් – ධම්මික ක්‍රිකට් ගැන කතා කරයි
Can BLI ignite another run? EmptyFri Mar 15, 2019 2:59 pm by nuwanmja

» HAYL.N0000 Hayleys PLC
Can BLI ignite another run? EmptyThu Mar 14, 2019 2:46 pm by yellow knife

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
Can BLI ignite another run? EmptySun Mar 10, 2019 8:36 pm by NIRMALSG

» GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)
Can BLI ignite another run? EmptySun Mar 10, 2019 6:40 am by ruwan326

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Can BLI ignite another run?

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Can BLI ignite another run? Empty Can BLI ignite another run?

Post by smallville on Fri Oct 30, 2015 9:17 am

I just saw some salient features of the previous run of BLI.. Just thot of sharing..

Last couple of days, BLI was trying to get pushed up above 140 but by noon sell orders drag this to 136s again.. yesterday 32k vol traded.

However,  Last time the run from 90s was initiated after 6 days from P.SAR signal. MACD confirmation came at 118.

[You must be registered and logged in to see this link.]

So what were the features?

1. Prior to run, bollinger bands squeezed.
2. P.SAR signal came early while MACD confirmation was delayed.

What I'm seeing now?

1. PSAR has turned now.. traded 3 days as well.
2. Bollinger bands hav squeezed - meaning a breakout is near..
3. MACD confirmation - Pending.. however, last time it was delayed.

But if BLI goes to 130 again these will get invalidated.. Evil or Very Mad

_________________
I take risks as a Trader and I select stocks based on Tech and daily Cash in/out. Therefore, my methods may not suit u.. so DYO analysis before making any decisions.
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Can BLI ignite another run? Empty Re: Can BLI ignite another run?

Post by smallville on Tue Nov 10, 2015 12:42 pm

BLI has not let the investors down.. Massive increase in profitability.

For the last 6 months;

Equity holders show a 495% increase with 312 million profits. EPS is Rs. 5.79.

On Assets side

- Loans and advances improved to 5.22 billion from 3,09 billlion. That's a 69% growth.
- Cash and bank balances improved to 387.7 million from 181.18 million. That's again 114% increase.

On Liabilities side
- Due to banks & other institutions increased to 4.74 billion from 2,563,278,338
billion. That's 85% increase.

Now NAV has improved to 22.25 from 16.47. This translate to 6 PBV where its really high for a financial institute.
However, we've seen this typical growth from COCR as well when the share price was around 15-20. Their PBV was over 3.0 and was a growing company.

- Customer Deposits improved to 629 million from 495 million. A 27% increase.
- Borrowings increased by 2.5% to 2.17 billion from 2.12 billion.

Micro business is tricky. Big companies have a difficulty in reaching rural areas as only daily collections would do the trick. Practically small players have the ability to carry out this "collection" task with area managers appointed.

Anyways, BLI's results are astonishing imo.. I hope the share price wont disappoint us.
There are 53.86 million Ordinary Shares. Shares would get doubled when the subdivided shares come to the market on 11th Nov - tomorrow.

Be ready..

_________________
I take risks as a Trader and I select stocks based on Tech and daily Cash in/out. Therefore, my methods may not suit u.. so DYO analysis before making any decisions.
smallville
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Can BLI ignite another run? Empty Re: Can BLI ignite another run?

Post by rameez on Tue Nov 10, 2015 12:55 pm

The aftermath of the subdivision and the shock on seeing those Q3 figures should certainly drag down the price to around 55 which is still an overvalued price, unless we have yet another influencing performance by some of the investors as witnessed in the recent months.

rameez

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Can BLI ignite another run? Empty Re: Can BLI ignite another run?

Post by yellow knife on Tue Nov 10, 2015 1:42 pm

While appreciating the efforts of Small, Let me tell forum members,

be very careful and analyze yourself before buying...

My type is Long-term (if not life long) holding... So I will never enter when a share is too high...

Since I was a trader earlier and got enough profits by trading, I would just say timing matters in trading...

yellow knife
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Can BLI ignite another run? Empty Re: Can BLI ignite another run?

Post by smallville on Wed Nov 11, 2015 9:44 am

Yes.. Both YK & Rameez are correct. BLI is over valued at CMP. I highlighted this above thru my PBV calculation.

However, if we thought about the same with COCR when it was at 20s (it was move than 3 PBV at that time) we would never even buy it.

And see how much COCR earned thru micro finance. The latter is a successful business but there are risks. As I said, daily collection would
keep the companies at the competitive edge or else they'll hve to write off some portion as impairment losses.

My opinion is; this is a DG's company and we all know what a Govt with more UNP biased could do to his empire.

So whoever said BLI is worth 100 or 200, buying above 70s is not guaranteed unless a run is witnessed.

_________________
I take risks as a Trader and I select stocks based on Tech and daily Cash in/out. Therefore, my methods may not suit u.. so DYO analysis before making any decisions.
smallville
smallville
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Posts : 1774
Join date : 2014-02-23
Location : Trying to figure out..

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Can BLI ignite another run? Empty Re: Can BLI ignite another run?

Post by BullvsBear on Wed Dec 16, 2015 11:30 pm

Dear Smallville & other experts,

Highly appreciate If you could publish an updated chart of BLI when the time permits...

Thanks
BullvsBear
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