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Browns Investments worth over Rs.3.50 per share

+11
RPPA
dougieboy
PrabathR
SM2014
slrkman
hettdas
market maxx
slmarket2
ecse
OzTRADER
DealKing
15 posters

Go to page : 1, 2  Next

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DealKing

DealKing
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Browns Investments is valued over Rs.3.50 per share since now company's assets worth over Rs.12.972 billion after rights issue with with 3.72 billion shares in issue.

Current Net Asset Value per share is Rs.3.48.Current market price is Rs.1.70 and Rs.1.80 range.

Before the rights issue the assets were Rs.10.64 billion with 1.86 billion shares in issue and theNet Asset value was Rs.5.72 per share.



OzTRADER

OzTRADER
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

DealKing wrote:Browns Investments is valued over Rs.3.50 per share since now company's assets worth over Rs.12.972 billion after rights issue with with 3.72 billion shares in issue.

Current Net Asset Value per share is Rs.3.48.Current market price is Rs.1.70 and Rs.1.80 range.

Before the rights issue the assets were Rs.10.64 billion with 1.86 billion shares in issue and theNet Asset value was Rs.5.72 per share.

over 3 billion shares in the market....what would be the outcome ?



OzTRADER

OzTRADER
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

is it good to buy or not its a question of demand and supply

ecse


Manager - Equity Analytics
Manager - Equity Analytics

1.80 seems to be resistant and large volume of share in the market cause slow moving.
I have some and got pain in eyes for waiting to some uptrend.

OzTRADER

OzTRADER
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

so to relive your pain did u sell or still holding it ? Very Happy

ecse


Manager - Equity Analytics
Manager - Equity Analytics

OzTRADER wrote:so to relive your pain did u sell or still holding it ? Very Happy
Still holding for a good hope.

OzTRADER

OzTRADER
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

i too have 150,000 shares hope there is a positive outcome in the near future, was going to buy 1 million but stepped on the brakes before i hit a wall. over 3 billion shares means scratch scratch scratch

slmarket2


Manager - Equity Analytics
Manager - Equity Analytics

aiyo mehemath post ekak

market maxx


Equity Analytic
Equity Analytic

still i'm hoping it can be collect Rs 1.50 within next 2 weeks. What a Face What a Face

hettdas

hettdas
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

ecse wrote:1.80 seems to be resistant and large volume of share in the market cause slow moving.
I have some and got pain in eyes for waiting to some uptrend.

Wait & check next 2 quarters results. Definitely those results should be better. So earnings must be improved. When earning positive share must be automatically in upward trend.

slrkman


Equity Analytic
Equity Analytic

Thought it would go down once right's issue shares credited. But it didnt happen. Huge buying last few days. My opinion is it should go atleast to 2.20 near future.

SM2014

SM2014
Manager - Equity Analytics
Manager - Equity Analytics

market maxx wrote:still i'm hoping it can be collect Rs 1.50 within next 2 weeks. What a Face What a Face

A drop of ASI for continuously for two three days would clear 1.6 and may even be 1.5. But it would not be at that level longer pick up again 1.7-1.8 range. Need some time to absorb cheap selling due to additional shares and rights collected at 0.1-0.2. once those short term players eliminated this would move.

PrabathR


Manager - Equity Analytics
Manager - Equity Analytics

dear friends is this worth to buy current price.

dougieboy


Moderator
Moderator

I am also waiting for BIL to settle down to buy some. I think it might give a good trade if we buy at the right price.

PrabathR


Manager - Equity Analytics
Manager - Equity Analytics

dougieboy wrote:I am also waiting for BIL to settle down to buy some. I think it might give a good trade if we buy at the right price.

what is the right price to buy.... when asia asset send us letters to buy at 1.60

SM2014

SM2014
Manager - Equity Analytics
Manager - Equity Analytics

PrabathR wrote:
dougieboy wrote:I am also waiting for BIL to settle down to buy some. I think it might give a good trade if we buy at the right price.

what is the right price to buy.... when asia asset send us letters to buy at 1.60

You all had a gud opportunity to buy this share at 1.4 (After the ER price) or rights at 0.1 or 0.2. If you did now you are enjoying decent return. I dont tell this is a bad price to buy but there is a possibility to come down 1.5-1.6 level one more time due to addition shares issued and rights purchases at 0.1 and 0.2. If you are investing for long term this price 1.7-1.8 is much better.

PrabathR


Manager - Equity Analytics
Manager - Equity Analytics

SM2014 wrote:
PrabathR wrote:
dougieboy wrote:I am also waiting for BIL to settle down to buy some. I think it might give a good trade if we buy at the right price.

what is the right price to buy.... when asia asset send us letters to buy at 1.60

You all had a gud opportunity to buy this share at 1.4 (After the ER price) or rights at 0.1 or 0.2. If you did now you are enjoying decent return. I dont tell this is a bad price to buy but there is a possibility to come down 1.5-1.6 level one more time due to addition shares issued and rights purchases at 0.1 and 0.2. If you are investing for long term this price 1.7-1.8 is much better.

within 6-12 months what will be the price you think..

SM2014

SM2014
Manager - Equity Analytics
Manager - Equity Analytics

PrabathR wrote:
SM2014 wrote:
PrabathR wrote:
dougieboy wrote:I am also waiting for BIL to settle down to buy some. I think it might give a good trade if we buy at the right price.

what is the right price to buy.... when asia asset send us letters to buy at 1.60

You all had a gud opportunity to buy this share at 1.4 (After the ER price) or rights at 0.1 or 0.2. If you did now you are enjoying decent return. I dont tell this is a bad price to buy but there is a possibility to come down 1.5-1.6 level one more time due to addition shares issued and rights purchases at 0.1 and 0.2. If you are investing for long term this price 1.7-1.8 is much better.

within 6-12 months what will be the price you think..

Dear i have bil collected 1.4-1.6. I expect it would reach 2.5 (Minimum) with in one year (My time horizon and expected return). But if this bull continuous, the time would be much shorter.

dougieboy


Moderator
Moderator

I missed buying it at Rs 1.4. Don't know it will come there again. I though after rights it will come to Rs 1.5. But it went up.
Maybe in the future we might get a chance to buy at a Rs 1.50 or 1.6.




SM2014 wrote:
PrabathR wrote:
dougieboy wrote:I am also waiting for BIL to settle down to buy some. I think it might give a good trade if we buy at the right price.

what is the right price to buy.... when asia asset send us letters to buy at 1.60

You all had a gud opportunity to buy this share at 1.4 (After the ER price) or rights at 0.1 or 0.2. If you did now you are enjoying decent return. I dont tell this is a bad price to buy but there is a possibility to come down 1.5-1.6 level one more time due to addition shares issued and rights purchases at 0.1 and 0.2. If you are investing for long term this price 1.7-1.8 is much better.

SM2014

SM2014
Manager - Equity Analytics
Manager - Equity Analytics

dougieboy wrote:I missed buying it at Rs 1.4. Don't know it will come there again.  I though after rights it will come to Rs 1.5. But it went up.
Maybe in the future we might get a chance  to buy at a Rs 1.50 or 1.6.




SM2014 wrote:
PrabathR wrote:
dougieboy wrote:I am also waiting for BIL to settle down to buy some. I think it might give a good trade if we buy at the right price.

what is the right price to buy.... when asia asset send us letters to buy at 1.60

You all had a gud opportunity to buy this share at 1.4 (After the ER price) or rights at 0.1 or 0.2. If you did now you are enjoying decent return. I dont tell this is a bad price to buy but there is a possibility to come down 1.5-1.6 level one more time due to addition shares issued and rights purchases at 0.1 and 0.2. If you are investing for long term this price 1.7-1.8 is much better.

This is highly possible to buy at 1.5-1.6 if Market continuously goes down 2-3 days red as there are more quantities to sell by short term investors with decent profit. Gud Luck

ecse


Manager - Equity Analytics
Manager - Equity Analytics

Why heavy trading?Any news

OzTRADER

OzTRADER
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

ecse wrote:Why heavy trading?Any news

scratch scratch scratch scratch scratch Shocked Shocked Shocked

RPPA


Expert
Expert

Yes. This stock has value with good future potential

Heavy selling as well. Buy below 2 to reduce the risk. As when some one dumps people get caught. And this has history of never waking up after comes down due to the volume. Note after the rights the quantity got doubled.

So get in with the run & get out with in the heat.

hettdas

hettdas
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Looks like BIL will pass 2.50 soon.

OzTRADER

OzTRADER
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

hettdas wrote:Looks like BIL  will pass 2.50 soon.

king king king

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