BLI Investors please who bought shares in 2015 @ 150/-

[eagle]

any BLI investors here who bought at 150/- during year 2015?

how you guys going to recover this share investment?

share your views on this company please. will it rise up again??

[First Guy]

BLI does not look like in a place to improve profitability. It is better to seek returns elsewhere. Only chance for upside is a merger or acquisition

[yellow knifeTop contributor]

Warmly welcome back.. FG... we missed you a lot and your quarter analysis... Please do continue your good job


**************************************************************************

@ Eagle,

Just search any share using the share code in this forum.

This is how we discussed about BLI in 2015

https://forum.lankaninvestor.com/t6417-bli-n0000-bimputh-finance-plc

BLI was focusing on Micro Finance which is very risky and volatile market segment. BLI made a bubble in 2015 with growth in Revenue and Profit and with TA support. However the sustainability was questioned by us even in 2015.


If you just believe a share once shot upto 150 is trading at cheapest levels at Rs 9.40 please review the last financial years report. Look at the bottom line. Loss for the year is 267 Million against profits recorded earlier.

Now look at what made BLI to run in 2015. Profit moving up quarterly. Net Assets at Rs 11.76.

There were splits of share as well as losses recorded. Therefore its better to find many other shares where the room is still for growth.

[HUNTERTop contributor]

More often than not, anyone can easily identify Risky shares, very early, by just looking at the price levels over few months.

Simply, pay attention to the direction of general price levels, peaks and troughs.
This patterns is almost always identical with risky share.

I am posting below the visuals of BLI.

Furthermore:
It wouldn't take more than 10 seconds to identify a 'bad' or good share.

(That's the beauty of TA; TA can do things in seconds where FA might take Days or Weeks)

[yellow knifeTop contributor]

Thanks Hunter ... Its encouraging to see one by one our good members are entering to forum... Keep it up

[subash]

Thanks Hunter

[eagle]

so BLI at any chance it wont rise up again to 150 levels isnt it?

i bought it at 150/- levels around 1000 shares

[yellow knifeTop contributor]

Re: BLI Investors please who bought shares in 2015 @ 150/-

Yesterday at 11:21 pm
so BLI at any chance it wont rise up again to 150 levels isnt it?

i bought it at 150/- levels around 1000 shares

This is why we were discussing about BLI in 2015.

on Tue Oct 13, 2015 7:18 am
Agree with you Small

Apples should be compared with apples and not with olives.

However I just took PLC to show that BLI is over valued

[Yin-Yang]

so BLI at any chance it wont rise up again to 150 levels isnt it?

i bought it at 150/- levels around 1000 shares      

Kid, why do you cry:
you want to buy more @ 150/-?

Why didn't you buy enough at that time??

[Topcat]

so BLI at any chance it wont rise up again to 150 levels isnt it?

i bought it at 150/- levels around 1000 shares      

Due to split, now you got 2000 shares?

[slstockVeteran]

Eagle.

I am assuming you actually bought at Rs 150 !
I am making this sole post for you spending all this time as I can feel your pain.


First a question:

Why did you buy BLI at Rs 150?
Were you following forum promoters then and wanting to make quick money ?


~~~~~~~~~~~~~


Note for the BLI Future :  


* BLI is in a sheer mess right now. Yes it is very bad.

* Maximum BLI is worth right now is Rs 10.

* If Sept quarter turns to be very bad ( which is quite possible for BLI),
BLI worth will be even less.

* From Rs 12 to Rs 9 , someone with inside info started dumping massive
 quantities  ( before the quarter report was out).


Summary :

* There is no FUNDAMENTAL way on earth BLI can be ever valued at Rs 150 ( then or now).

* So Do not keep your hope up it will go to Rs 150 again.

* Right now the value is max  Rs 10 ( unless someone manipulates this again)

* Only thing that can save BLI now is right issues.
  BLI is in big  trouble now.
  So ,unless a right issue and a  miracoulus turn around
  happens ,  I do not see BLI  will have a good  future.


BE WARNED.
Better sell this after any manipulated run, salvage any capital and
invest  in some other solid company. Be patient and invest this time.
Don't chase shares for quick profit following promoters.

~~~~~~~~~~~~~~~~~



BLI PAST :


* Many promoters and game players don't like my warning  on shares
( to save  people like you ) as it is a problem to play their games to dump.

* But BLI was definitely another share I must have warned till blood
tasted in my mouth after it ran over Rs100.

* Did you never read this forum or posts then?

Below are some examples of BLI warnings I could find in hurry.
I must have done 10 warnings , including in the BECAREFUL thread if you read.

~~~~~~~~~~
 

XXXXX ( I deleted to protect the identity of that person)

I am happy if you are in profit.
But do me a favor and not promote  BLI to give any idea this is a good  investment ( to new people) anymore.

Can it go up higher  until someone desides to dump.

Current price is manipulated to 2011 level and is not worth half as much
on present fundamentals

~~~~~~~~~~~~~

Are you the LION I knew from 2 year ago?

Look my friend, the objectives of this forum is different.

Unless you justify the below comment, this will be take  as a promotion.
So I don't want you to get  branded as promoter. So am saying this.

By what mean is this worth and should go up like BLI  ?
Explain yourself. Do not take last quarter eps itself.
One quarter their whole earning came from impairment reversal.


Any share can be manipulated and if the entry and exist is figured one can  do trading.  So I will not rule out the possibility this can go up or be traded.

Are you saying this is worth over Rs 100 like BLI

But be careful of what you say as there are New Comers here whom we do not want to think GSF is fundamentally strong investment that should go  up like BLI.

FYI  BLI is in  sheer manipulation stage at present price and not worth even 50% of current price by value. It can stay high as long as
nobody sells but when it start coming down one might have to find a road to run.

I remember a sahre that traded at Rs 1500 coming down to Rs 20

~~~~~~~~~~~~

VFIN :

I estimate VFIN to report about Rs3.5 - Rs 4 eps  for March.  
Dividend about Rs 3.
Let see how close we can get.


No matter who says what VFiN theoraticallly to me is valued more than
COCR, HDFC and BLI. One can argue one can push .. but   if one remembers  the comment I made when COCR was Rs 60-70  and VFIN was trading below that ,  all i can say now is COCR is Rs 50 now and VFIN is Rs 67

Ref :
https://forum.lankaninvestor.com/t5227p225-lfin-future#68066

~~~~~~~~~~~~~

Some thought COCR Was god the way they grew initially.
When we warned about the issues they can have some people must  have thought  we are jealous or crazy of them holding the super Rs 70 share.

Same can be said about BLI growth.

~~~~~~~~~~~~

On the hand, I saw some  ( in cyberspace) thinking too deep on BLI  to make it wonder company now.
Seems COCR craze has died these days.

Ref:

https://forum.lankaninvestor.com/t6162p25-nbfi-sector#51389

https://forum.lankaninvestor.com/t6291p15-gsf-like-bli-next-quater-eps-good#51265

https://forum.lankaninvestor.com/t5807-bimputh-finance-30-june-2015

https://forum.lankaninvestor.com/t5558p15-finance-companies-snapshot#70819

[yellow knifeTop contributor]

Thanks SLS for returning to the forum and replying.. You have taken much time and directly warned against BLI buying at high prices. I am happy to see all good posters posting in this thread...

[slstockVeteran]

Hunter,

I do not mean any offense to you or techincals.
Since I showed up to assist Eagle and I saw your post , there is something
I see you forgot  to mention which is crucial.
I tried but I  can't go away with a clear conscience not mentioning it.
Sorry.  So I came back to make this post.

When a share price is continuously running upwards  beating past highs,
technicals are not ideal to follow. AT THAT TIME, the charts/indicators can show the share is bullish as it keep attaining new highs.  What the next target
if its at a new high.
So people can blindly follow expecting higher and higher prices.  

More importantly most indicators are lagging ( including the lines , patterns
you drew and showed). So people find their mistake or can refer to charts  only after the share dropped a lot to say it is a "bad share". What about at Rs 150?  

Best solution would be to understand a Share Value
( fundamental analysis) and maybe combine with techincals to enter and exit.




CIND recently hit it all time high at Rs 65. Charts can show bullish signals.
But I made a post on Facebook to say,  CIND to me has presently attained its
right fundamental value so not to expect much higher prices
( unless ASI keep going up) until next report shows enough earning
justification.


ps:

For anyone who does not know what lagging means !

Lagging indicator means it can be only seen after some event has happened.
Ex : BLI can be trading at Rs 150 with bullish sentiment ( like when eagle bought it). But only after weeks,  months , after BLI drastically dropping in price in a negative  tangent  we can only see the chart  is showing such ( os its lagging)

But at Rs 150 and all time  high ?  

More often than not, anyone can easily identify Risky shares, very early, by just looking at the price levels over few months.

Simply, pay attention to the direction of general price levels, peaks and troughs.
This patterns is almost always identical with risky share.

I am posting below the visuals of BLI.

Furthermore:
It wouldn't take more than 10 seconds to identify a 'bad' or good share.

(That's the beauty of TA; TA can do things in seconds where FA might take Days or Weeks)

[eagle]

thank you SLSTOCK for your comments & your valuable time spent on this thread!

i was new to the stock market that time & i blindly bought the shares. got trapped to promoters obviously. now i have no idea how im going to recover this money

just a hope for a miracle to happen..
however karma will bounce back to the promoters of BLI for sure coz its all my hard earned money!!!

[slstockVeteran]

thank you SLSTOCK for your comments & your valuable time spent on this thread!

i was new to the stock market that time & i blindly bought the shares. got trapped to promoters obviously. now i have no idea how im going to recover this money

just a hope for a miracle to happen..
however karma will bounce back to the promoters of BLI for sure   coz its all my hard earned money!!!

You can recover the money.
STEP by  STEP (with multiple good shares taking in turn)  and Patience  and time.

Rs 150000 may seem big, but I met people  at forums who lost
10s of Millions chasing promotions.

Put down the mistake  as an Investment  for learning a valuable lesson.
Such a cost is small price to pay to avoid bigger future mistakes that can cost you Millions

Take the positive out of this.
All will be well. Good luck  

ps : If market keeps up,  even BLI can be manipulated again( pumped and  dumped more) . Sell at a suitable time. Sooner the better.

Don't chase and buy more BLI to average if /when it runs again.
There will be a Right Issue if this needs to be saved.
Know the fundamental value of BLI at this time.

Move on. Peace of mind is more important than constant worry!

[eagle]

thank you SLSTOCK
cheers

[Rajapaksap]

Dear slstock,

You have the facts, knowledge, guts, and energy to tell the truth. You are so much kind to spend your time, for others. Your analysis and advice are very useful to all of us.
I am very grateful to you and, I  keep hopes to hear your comments frequently.

[slstockVeteran]

Dear slstock,

You have the facts, knowledge, guts, and energy to tell the truth. You are so much kind to spend your time, for others. Your analysis and advice are very useful to all of us.
I am very grateful to you and, I  keep hopes to hear your comments frequently.

Thank you for the note.
I do make posts on my Facebook page when I can.

[HUNTERTop contributor]

Hunter,

I do not mean any offense to you or techincals.
Since I showed up to assist Eagle and I saw your post , there is something
I see you forgot  to mention which is crucial.
I tried but I  can't go away with a clear conscience not mentioning it.
Sorry.  So I came back to make this post.

When a share price is continuously running upwards  beating past highs,
technicals are not ideal to follow. AT THAT TIME, the charts/indicators can show the share is bullish as it keep attaining new highs.  What the next target
if its at a new high.
So people can blindly follow expecting higher and higher prices.  

More importantly most indicators are lagging ( including the lines , patterns
you drew and showed). So people find their mistake or can refer to charts  only after the share dropped a lot to say it is a "bad share". What about at Rs 150?  

Best solution would be to understand a Share Value
( fundamental analysis) and maybe combine with techincals to enter and exit.




CIND recently hit it all time high at Rs 65. Charts can show bullish signals.
But I made a post on Facebook to say,  CIND to me has   presently attained its
right fundamental value so not to expect much higher prices
( unless ASI keep going up) until next report shows enough earning
justification.


ps:

For anyone who does not know what lagging means !

Lagging indicator means it can be only seen after some event has happened.
Ex : BLI can be trading at Rs 150 with bullish sentiment ( like when eagle bought it). But only after weeks,  months , after BLI drastically dropping in price in a negative  tangent  we can only see the chart  is showing such ( os its lagging)

But at Rs 150 and all time  high ?  

More often than not, anyone can easily identify Risky shares, very early, by just looking at the price levels over few months.

Simply, pay attention to the direction of general price levels, peaks and troughs.
This patterns is almost always identical with risky share.

I am posting below the visuals of BLI.

Furthermore:
It wouldn't take more than 10 seconds to identify a 'bad' or good share.

(That's the beauty of TA; TA can do things in seconds where FA might take Days or Weeks)

SLS,

No I don't get offended at all.

What you say has a point (as with most of the time), that reading technical/price patterns is not straightforward.

In the first place, if it were straightforward, most of the traders would be now high profit makers.

To make matters complicated; two people can interpret a pattern in two complete different ways. So, you and I may have two complete opposite views of the same price chart.

Anyway, following are my thoughts about what you mentioned and some views in general;

* Analysis, be it technical or fundamental, should be to assist your decision making of a share or market; but most of the time, people tend to think, analysis is about making predictions. Prediction can and will always go wrong.
But using analysis to help your decision will always work for you.

* In that sense, if you objective is to avoid high risky shares, the price patterns will always be there to help you.
Not only the price patterns, of course, fundamental outlook as well. (I use price patterns to save time)

* What you see in patters is Lagging is arguable.
Of course, what the chart show is historical and so it can be called lagging; but if we take the same argument, all other analysis, including fundamental, will be lagging; because all the information we get always is based on something happened in the past.

* Going up of the price will not always lead to the interpretation of a bullish pattern in pattern analysis.
for instance, in CIND short term Elliott wave pattern suggests a drop towards 57~58 in coming days. then taking the next upward wave towards, probably 70.
If observed BLI.N Elliott waves, peak of 70/- was expected in 2016 (70/- must be the normalized price after a split; I guess it equals to, perhaps, 150/- as the peak.

* Finally, trading or investing is not straightforward; just like driving a vehicle. TA is like your Google map; it will assist you in your task. but it cannot predict what you're going to do next, or what you should do next.