Re: Browns Investments update

[The Invisible]

I have BIL in my Pf (but very limited quantity).

I was trying to place a Sell order at 5.10 but the price band is preventing me from doing so.
(I thought the price band adjusted automatically according to the current value).

You were trying to place sell order @ 4.50 on last Friday but failed and today again tried but failed        

But I feel the issue is not with the price you were trying to put ur order but its with your holding in the portfolio. May be your holding column shows '0'        

I can smell ur appetite sir. BIL should not be suited to that taste

[කිත්සිරි ද සිල්වාTop contributor]

Can an old dog learn a new trick?  

I have BIL in my Pf (but very limited quantity).

I was trying to place a Sell order at 5.10 but the price band is preventing me from doing so.
(I thought the price band adjusted automatically according to the current value).

You were trying to place sell order @ 4.50 on last Friday but failed and today again tried but failed        

But I feel the issue is not with the price you were trying to put ur order but its with your holding in the portfolio. Maybe your holding column shows '0'        

I can smell ur appetite sir. BIL should not be suited to that taste

[The Invisible]

Can an old dog learn a new trick?  

I have BIL in my Pf (but very limited quantity).

I was trying to place a Sell order at 5.10 but the price band is preventing me from doing so.
(I thought the price band adjusted automatically according to the current value).

You were trying to place sell order @ 4.50 on last Friday but failed and today again tried but failed        

But I feel the issue is not with the price you were trying to put ur order but its with your holding in the portfolio. Maybe your holding column shows '0'        

I can smell ur appetite sir. BIL should not be suited to that taste

Why not

[Udehiru86]

More than 57 millions traded @ 4.8and above today.I feel there's something behind.it may go arond rs6.00 .Experts pls share your thoughts.

[ruwan326]

More than 57 millions traded @ 4.8and above today.I feel there's something behind.it may go arond rs6.00 .Experts pls share your thoughts.

You are saying it will go to 6/= and asking experts ?
Had to give Red flag.

[sureshot]

Sell when others buy....

Buy when others sell....

[sanjulanka]

Sell when others buy....

Buy when others sell....

Sure Shot

[The Invisible]

So BIL.......
More than 100mn changed hands in last few days
40mn+ traded today
Touched 5.50 within the day
So the future of this share price, at least the very short term. Can the chartists predict based on recent price and volume data...

[smallvilleTop contributor]

My Target is above 6.0

[The Invisible]

Today's drop has wiped out all the overbought conditions of this stock. RSI fell below 60 from a high of 80. If price stabiles around 5 then there may be a chance for bounce back.

[The Invisible]

Back to 5.40 and looks set to follow the channel before the disruption yesterday. Continue the short term channel trend now.

[The Invisible]

BIL Rights Issue

The number of shares to be issued:Voting :9,579,811,640The proportion in which the shares are to be used:Voting :Two (2) new Ordinary Voting Shares for every one (1) Ordinary Voting Share heldThe consideration for which the shares are to be issued (Rs.):Voting :2.00Current stated capital of the entity (Rs.):11,844,815,989.00The purpose which the proceeds of the issue are to be utilized:
Settlement of debts

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[The Invisible]

A massive volume get traded today (213mn) as of now. Huge quantities traded during last few days also. I wonder why such a trading pattern just after a massive rights issue. The positive I can see on BIL from rights issue is future reduction of finance cost but the question is whether this savings can justify the BIL price movement towards 3.5.

[The Invisible]

418mn shares traded with activating price bands. Phew was this share has this much value in it?

[chutiputhaTop contributor]

50% on current price.
Cool

My Target is above 6.0

[The Invisible]

So BIL is paid Rs 7/- also now. Unbelievable how can a share be impacted by a future investment decision. The results will only be seen after another 2-3 years but the share price already shooted to moon and by doing so BIL entered into the top five market cap companies in CSE. Unbelievable Sri Lankan investors. !

[කිත්සිරි ද සිල්වාTop contributor]

Some will get their fingers burnt and a few will be damned rich.

So BIL is paid Rs 7/- also now. Unbelievable how can a share be impacted by a future investment decision. The results will only be seen after another 2-3 years but the share price already shooted to moon and by doing so BIL entered into the top five market cap companies in CSE. Unbelievable Sri Lankan investors. !

[The Invisible]

Some will get their fingers burnt and a few will be damned rich.

So BIL is paid Rs 7/- also now. Unbelievable how can a share be impacted by a future investment decision. The results will only be seen after another 2-3 years but the share price already shooted to moon and by doing so BIL entered into the top five market cap companies in CSE. Unbelievable Sri Lankan investors. !

By looking at the amount of turnover generated from the BIL over the last few days I wonder from where the billions of money coming! If these moneys come to CSE five years ago the ASPI would be 10,000+ by now.

[කිත්සිරි ද සිල්වාTop contributor]

True. 9 billion plus turnover is not a joke.

Some will get their fingers burnt and a few will be damned rich.

So BIL is paid Rs 7/- also now. Unbelievable how can a share be impacted by a future investment decision. The results will only be seen after another 2-3 years but the share price already shooted to moon and by doing so BIL entered into the top five market cap companies in CSE. Unbelievable Sri Lankan investors. !

By looking at the amount of turnover generated from the BIL over the last few days I wonder from where the billions of money coming! If these moneys come to CSE five years ago the ASPI would be 10,000+ by now.

[Tadawul]

All thieves can enjoy the life during this regime only

[Jana1Top contributor]

Given the 2010 mkt pattern, I guess Rs.10 is feasible... Not too sure the news behind it.

[The Invisible]

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[කිත්සිරි ද සිල්වාTop contributor]

අත පුච්ච ගත්තු අය හූල්ලනවා ඇති දැන් ඉතින්.

[sanjulanka]

ඔබතුමා මොකද්ද කියන්නෙ මෙහෙම එකක් ආවම අපේ කට්ටියගෙ ඊලග පියවර ගැන.

[කිත්සිරි ද සිල්වාTop contributor]

I entered at 6.30 & exited at 7.00 in day trading.
Too much greed will lead you to get going into Point of No Return, without even realizing.

ඔබතුමා මොකද්ද කියන්නෙ මෙහෙම එකක් ආවම අපේ කට්ටියගෙ ඊලග පියවර ගැන.