BIL, Is it worth at 3 ?

seek · 1 BIL, Is it worth at 3 ? Tue Jun 25, 2013 11:08 am

seek

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What do you think? NAPS 5.70

anges · 2 Re: BIL, Is it worth at 3 ? Tue Jun 25, 2013 5:06 pm

anges

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wait till it hit 2.50/=

smayadunne · 3 Re: BIL, Is it worth at 3 ? Tue Jun 25, 2013 5:57 pm

smayadunne

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But my advice for you is don’t buy something like BIL on a medium term. The company is has made a loss for the nine months, and even the profit of 2 Bn made in the previous year was also due to a negative goodwill (there is no cash inflow in Negative goodwill – this gave them a 32 year lease to the excel world land). The company doesn’t seem to have a planed focus so it wont go up based on fundamentals for sure.

Company has a negative P/E.

Aubrey Perera · 4 Re: BIL, Is it worth at 3 ? Tue Jun 25, 2013 6:28 pm

Aubrey Perera

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Hi , yes agree I had a lot of hope for BIL but unfortunately it doesn't seem to be going in the right direction. I sold my entire holding . smayadunne your correct there seems to be a lack of focus and I think they need to re look at their investment strategies.

KDDND · 5 Re: BIL, Is it worth at 3 ? Wed Jun 26, 2013 9:22 pm

KDDND

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i feel like if you wait bit more......
BIL may come to your door step.....!!!
now its at your gate! Cool

econ · 6 Re: BIL, Is it worth at 3 ? Thu Jun 27, 2013 6:12 am

econ

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I subscribe some shares at the IPO. still holding with loss. This share has been hammered by bear market since 2011.

hettdas · 7 Re: BIL, Is it worth at 3 ? Thu Jun 27, 2013 8:42 am

hettdas

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This share has a net asset valuse more than 5. ERI bought at 5.50 recently. I can't understand why this share is around 3.00 now. Are they in wrong business path?