BIL N..., Ready to move...?

Any insight on BIL N..., When it will start to move

Dont worry about movement. Just collect and hold the share as much as possible.This is best under value share. it means you are paying less amount over its real value (NAV).
Happy Trading!!!

Market Watch wrote:Dont worry about movement. Just collect and hold the share as much as possible.This is best under value share. it means you are paying less amount over its real value (NAV).
Happy Trading!!!

Thanx 4 ur advice....howmuch is it good to buy of this share

as advised above, as much as you can

troy wrote:as advised above, as much as you can

when this go up.and how much.

Balagena, Thama rights market ekata dala ne. dammama pallayahata ei.

Sarabulathwita wrote:Balagena, Thama rights market ekata dala ne. dammama pallayahata ei.

e kiwe.right market ekata dala na kiwe.poddak mata meka pahadili karala denawada.thnx

hmmmmmmmmmm should move to around .90cents a share !

can anyone explain me what i ask from previous massage.

They issued a Rights in resent month but still those are not trading. If those shares came to market share price will go down bit. This is common for every shares in stock market.

Market R wrote:They issued a Rights in resent month but still those are not trading. If those shares came to market share price will go down bit. This is common for every shares in stock market.

what do you mean by rights.can you explain.i'm new to this. is this worth to buy at current price.

Definition of 'Rights Offering (Issue)'

An issue of rights to a company's existing shareholders that entitles them to buy additional shares directly from the company in proportion to their existing holdings, within a fixed time period. In a rights offering, the subscription price at which each share may be purchased in generally at a discount to the current market price. Rights are often transferable, allowing the holder to sell them on the open market.


Investopedia explains 'Rights Offering (Issue)'


For example, a company whose stock is trading at $20 may announce a rights offering whereby its shareholders will be granted one right for each share held by them, with four rights required to buy each new share at a subscription price of $19. The company will also specify that the rights expire on a certain date, which is usually anywhere from one to three months from the date of announcement of the rights offering.

Companies typically issue rights to give their existing shareholders the opportunity to buy additional shares before other buyers, and also to enable current shareholders to maintain their proportionate stake in the company.

Dont buy now, price will come down in future

PrabathR,
Go to CSE website and you will find good presentations on equity market.

Also, you can easily find it by Google it in.....

anges wrote:hmmmmmmmmmm should move to around .90cents a share !

No one even cost .90 cents. If some one want to sell BIL at break even price he/She should sell at least above 1.40.
The IPO price of this share is RS. 5.00 . Net asset is 5.70

great.this mean at the current price this will not go up and not good to buy right.when is the correct time for this.

hettdas wrote:

anges wrote:hmmmmmmmmmm should move to around .90cents a share !

No one even cost  .90 cents.  If some one want to sell BIL at  break even price he/She  should sell at least above 1.40.
The IPO price of this share is RS. 5.00 . Net asset is 5.70

do you think it is worth to buy this current price.

PrabathR wrote:

hettdas wrote:

anges wrote:hmmmmmmmmmm should move to around .90cents a share !

No one even cost  .90 cents.  If some one want to sell BIL at  break even price he/She  should sell at least above 1.40.
The IPO price of this share is RS. 5.00 . Net asset is 5.70

do you think it is worth to buy this current price.

it might come down a bit becoz of rights issue, wait and see plenty of time to buy this share

OzTRADER wrote:

PrabathR wrote:

hettdas wrote:

anges wrote:hmmmmmmmmmm should move to around .90cents a share !

No one even cost  .90 cents.  If some one want to sell BIL at  break even price he/She  should sell at least above 1.40.
The IPO price of this share is RS. 5.00 . Net asset is 5.70

do you think it is worth to buy this current price.

it might come down a bit becoz of rights issue, wait and see plenty of time to buy this share

so how long it take to right offer.after that its good to buy right.

hettdas wrote:

anges wrote:hmmmmmmmmmm should move to around .90cents a share !

No one even cost  .90 cents.  If some one want to sell BIL at  break even price he/She  should sell at least above 1.40.
The IPO price of this share is RS. 5.00 . Net asset is 5.70

After the right issue, the net asset per share would be 3.475 (if all rights are exercised)

SM2014 wrote:

hettdas wrote:

anges wrote:hmmmmmmmmmm should move to around .90cents a share !

No one even cost  .90 cents.  If some one want to sell BIL at  break even price he/She  should sell at least above 1.40.
The IPO price of this share is RS. 5.00 . Net asset is 5.70

After the right issue, the net asset per share would be 3.475 (if all rights are exercised)

Can u please explain the calculation for the above "Net asset per share" Please

SM2014 wrote:

hettdas wrote:

anges wrote:hmmmmmmmmmm should move to around .90cents a share !

No one even cost  .90 cents.  If some one want to sell BIL at  break even price he/She  should sell at least above 1.40.
The IPO price of this share is RS. 5.00 . Net asset is 5.70

After the right issue, the net asset per share would be 3.475 (if all rights are exercised)

so when is best time to buy this share.this week or next week.

PrabathR wrote:

SM2014 wrote:

hettdas wrote:

anges wrote:hmmmmmmmmmm should move to around .90cents a share !

No one even cost  .90 cents.  If some one want to sell BIL at  break even price he/She  should sell at least above 1.40.
The IPO price of this share is RS. 5.00 . Net asset is 5.70

After the right issue, the net asset per share would be 3.475 (if all rights are exercised)

so when is best time to buy this share.this week or next week.

Next Month..

Market R wrote:They issued a Rights in resent month but still those are not trading. If those shares came to market share price will go down bit. This is common for every shares in stock market.

Thanks buddy

It is self exploratory as above