The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» Thread for News on International Markets
Yesterday at 11:21 am by The Invisible

» Thread for News on Local and Foreign Politics
Yesterday at 11:20 am by The Invisible

» Thread for News on CSE and SL Economy
Yesterday at 11:19 am by The Invisible

» අනං මනං! #/+?.<>
Sun Dec 09, 2018 11:19 am by lanka

»  Rajgama heroes !
Sun Dec 09, 2018 9:43 am by කිත්සිරි ද සිල්වා

» BFN - Orient Finance
Fri Dec 07, 2018 6:05 pm by nihal123

» BOPL.N0000 (Bogawantalawa Tea Estates PLC)
Fri Dec 07, 2018 7:35 am by The Invisible

» බඩගිනී
Thu Dec 06, 2018 5:34 pm by PANTOMATH

» Sri Lanka economic slowdown trims company profits, bank earnings grow
Thu Dec 06, 2018 3:04 pm by nihal123

» JINS.N0000 ( Janashakthi Insurance PLC)
Thu Dec 06, 2018 10:05 am by The Invisible

» Better Than Bitcoin
Thu Dec 06, 2018 9:42 am by කිත්සිරි ද සිල්වා

» AAIC.N0000
Thu Dec 06, 2018 8:19 am by serene

» CFVF - First Capital
Wed Dec 05, 2018 1:39 pm by The Invisible

» Hutchison, Etisalat complete mobile networks merger in Sri Lanka
Wed Dec 05, 2018 9:30 am by The Invisible

» Oil prices surge more than 5-pct
Mon Dec 03, 2018 1:53 pm by Ethical Trader

» Dividend Announcement
Mon Dec 03, 2018 11:50 am by lanka

» Trading Journal
Mon Dec 03, 2018 11:33 am by lanka

» CCS.N0000 ( Ceylon Cold Stores)
Mon Dec 03, 2018 10:03 am by The Invisible

» HAYC - Haycarb
Sun Dec 02, 2018 3:04 pm by xmart

» In the Meantime, Within Our Shores !
Sat Dec 01, 2018 4:36 pm by කිත්සිරි ද සිල්වා

» LGL Laugfs Gas
Fri Nov 30, 2018 9:43 am by The Invisible

» Oil prices gain as investors eye Fed relief on interest rates
Fri Nov 30, 2018 9:41 am by The Invisible

» ලැයිස්තුගත සමාගම් 8 ක් කොටස් ගනුදෙනු තහනම් වීමේ අවදානමක
Thu Nov 29, 2018 11:34 am by nihal123

» අපි තනිකර ලෝකය දිව යන්නේ
Thu Nov 29, 2018 11:32 am by කිත්සිරි ද සිල්වා

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
Thu Nov 29, 2018 10:32 am by The Invisible

» Orient Finance PLC--(Share_Valuation_Report)
Thu Nov 29, 2018 7:17 am by yellow knife

» කිඹුලා
Mon Nov 26, 2018 7:20 am by Lalinda

» Sandos' Vs Creators'
Sun Nov 25, 2018 1:17 pm by කිත්සිරි ද සිල්වා

» Tourists Arrival
Sat Nov 24, 2018 10:07 am by කිත්සිරි ද සිල්වා

» බිරිඳ
Fri Nov 23, 2018 11:49 am by Ethical Trader

» ගෙයක් හදන්නද ඉන්නේ
Fri Nov 23, 2018 5:55 am by Brave Heart

» --- සමෝසා වෙළෙන්දා -------
Fri Nov 23, 2018 5:51 am by Brave Heart

» විකුණුම්කරු
Sun Nov 18, 2018 2:10 pm by Ethical Trader

» Real Estate Market in Sri Lanka- A booming Industry or a Bubble?
Sun Nov 18, 2018 12:00 am by xmart

» Will YOU VOTE for ME if I run for SL PRESIDENCY?
Sat Nov 17, 2018 11:43 am by CK

» *කොට්ටේ තරණය කිරීම*
Fri Nov 16, 2018 6:25 pm by Ethical Trader

» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
Wed Nov 14, 2018 9:20 pm by pjrngroup

» DIPD.N0000 (Dipped Products)
Wed Nov 14, 2018 7:18 am by The Invisible

» SAMP.N0000 (SAMPATH BANK PLC)
Wed Nov 14, 2018 7:16 am by The Invisible

» TAFL - Three Acre Farms
Wed Nov 14, 2018 7:14 am by The Invisible

» RCL - Royal Ceramics
Wed Nov 14, 2018 7:12 am by The Invisible

» HAYL.N0000 Hayleys PLC
Wed Nov 14, 2018 7:08 am by The Invisible

» How to trade Stock profitably?
Tue Nov 13, 2018 11:55 am by indramal

» What are investing methods in Sri Lanka?
Tue Nov 13, 2018 6:39 am by indramal

» Thread for General News Local/Foreign
Mon Nov 12, 2018 7:57 am by serene

» Anybody invest New York or Landon Stock Exchange?
Sat Nov 10, 2018 8:53 am by කිත්සිරි ද සිල්වා

» JKH.N0000
Fri Nov 09, 2018 10:49 am by ruwan326

» WATA - Watawala
Fri Nov 09, 2018 10:22 am by The Invisible

» Asian markets rally as investors see positive in US gridlock
Fri Nov 09, 2018 8:02 am by serene

» CSE RISE , RIDING ETHICALLY
Wed Nov 07, 2018 5:53 am by pjrngroup

December 2018
SunMonTueWedThuFriSat
      1
2345678
9101112131415
16171819202122
23242526272829
3031     

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Can BLI ignite another run?

Go down

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.
avatar
smallville
Top contributor
Top contributor

Posts : 1744
Join date : 2014-02-23
Location : Trying to figure out..

Back to top Go down

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.
avatar
smallville
Top contributor
Top contributor

Posts : 1744
Join date : 2014-02-23
Location : Trying to figure out..

Back to top Go down

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

Posts : 47
Join date : 2014-10-28

Back to top Go down

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
Top contributor
Top contributor

Posts : 6107
Join date : 2014-03-27

Back to top Go down

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.
avatar
smallville
Top contributor
Top contributor

Posts : 1744
Join date : 2014-02-23
Location : Trying to figure out..

Back to top Go down

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
avatar
BullvsBear

Posts : 136
Join date : 2014-03-25
Age : 32
Location : Abu Dhabi

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum