Browns Investments worth over Rs.3.50 per share

DealKing · 1 Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 11:37 am

DealKing

Senior Manager - Equity Analytics

Posts : 338
Equity Stars : 5554
Reputation : 30
Join date : 2014-07-15

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 · 2 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 11:39 am

OzTRADER

Senior Manager - Equity Analytics

Posts : 547
Equity Stars : 5493
Reputation : 12
Join date : 2014-08-08

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 · 3 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 11:42 am

OzTRADER

Senior Manager - Equity Analytics

Posts : 547
Equity Stars : 5493
Reputation : 12
Join date : 2014-08-08

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

ecse · 4 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 11:46 am

ecse

Manager - Equity Analytics

Posts : 210
Equity Stars : 4084
Reputation : 6
Join date : 2014-06-27

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 · 5 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 11:48 am

OzTRADER

Senior Manager - Equity Analytics

Posts : 547
Equity Stars : 5493
Reputation : 12
Join date : 2014-08-08

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

ecse · 6 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 12:12 pm

ecse

Manager - Equity Analytics

Posts : 210
Equity Stars : 4084
Reputation : 6
Join date : 2014-06-27

OzTRADER wrote:so to relive your pain did u sell or still holding it ?

Still holding for a good hope.

OzTRADER · 7 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 12:15 pm

OzTRADER

Senior Manager - Equity Analytics

Posts : 547
Equity Stars : 5493
Reputation : 12
Join date : 2014-08-08

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

slmarket2 · 8 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 1:03 pm

slmarket2

Manager - Equity Analytics

Posts : 167
Equity Stars : 4103
Reputation : 10
Join date : 2014-02-22

aiyo mehemath post ekak

market maxx · 9 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 2:37 pm

market maxx

Equity Analytic

Posts : 24
Equity Stars : 3775
Reputation : 3
Join date : 2014-08-16

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

hettdas · 10 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 2:47 pm

hettdas

Assistant Vice President - Equity Analytics

Posts : 611
Equity Stars : 6852
Reputation : 31
Join date : 2011-02-01

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 · 11 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 7:01 pm

slrkman

Equity Analytic

Posts : 41
Equity Stars : 4258
Reputation : 0
Join date : 2013-05-18

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 · 12 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 7:47 pm

SM2014

Manager - Equity Analytics

Posts : 197
Equity Stars : 4006
Reputation : 5
Join date : 2014-08-18

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

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 · 13 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 8:14 pm

PrabathR

Manager - Equity Analytics

Posts : 147
Equity Stars : 4885
Reputation : 0
Join date : 2014-09-01

dear friends is this worth to buy current price.

dougieboy · 14 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 8:41 pm

dougieboy

Moderator

Posts : 202
Equity Stars : 6168
Reputation : 24
Join date : 2011-05-02

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 · 15 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 8:44 pm

PrabathR

Manager - Equity Analytics

Posts : 147
Equity Stars : 4885
Reputation : 0
Join date : 2014-09-01

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 · 16 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 8:59 pm

SM2014

Manager - Equity Analytics

Posts : 197
Equity Stars : 4006
Reputation : 5
Join date : 2014-08-18

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 · 17 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 9:16 pm

PrabathR

Manager - Equity Analytics

Posts : 147
Equity Stars : 4885
Reputation : 0
Join date : 2014-09-01

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 · 18 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 9:31 pm

SM2014

Manager - Equity Analytics

Posts : 197
Equity Stars : 4006
Reputation : 5
Join date : 2014-08-18

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 · 19 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 9:34 pm

dougieboy

Moderator

Posts : 202
Equity Stars : 6168
Reputation : 24
Join date : 2011-05-02

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 · 20 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 10:26 pm

SM2014

Manager - Equity Analytics

Posts : 197
Equity Stars : 4006
Reputation : 5
Join date : 2014-08-18

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 · 21 Re: Browns Investments worth over Rs.3.50 per share Thu Sep 25, 2014 1:07 pm

ecse

Manager - Equity Analytics

Posts : 210
Equity Stars : 4084
Reputation : 6
Join date : 2014-06-27

Why heavy trading?Any news

OzTRADER · 22 Re: Browns Investments worth over Rs.3.50 per share Thu Sep 25, 2014 1:09 pm

OzTRADER

Senior Manager - Equity Analytics

Posts : 547
Equity Stars : 5493
Reputation : 12
Join date : 2014-08-08

ecse wrote:Why heavy trading?Any news

RPPA · 23 Re: Browns Investments worth over Rs.3.50 per share Thu Sep 25, 2014 1:16 pm

RPPA

Expert

Posts : 2565
Equity Stars : 8630
Reputation : 91
Join date : 2014-09-17

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 · 24 Re: Browns Investments worth over Rs.3.50 per share Thu Sep 25, 2014 1:26 pm

hettdas

Assistant Vice President - Equity Analytics

Posts : 611
Equity Stars : 6852
Reputation : 31
Join date : 2011-02-01

Looks like BIL will pass 2.50 soon.

OzTRADER · 25 Re: Browns Investments worth over Rs.3.50 per share Thu Sep 25, 2014 1:27 pm

OzTRADER

Senior Manager - Equity Analytics

Posts : 547
Equity Stars : 5493
Reputation : 12
Join date : 2014-08-08

hettdas wrote:Looks like BIL will pass 2.50 soon.

Sponsored content

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Latest topics

Browns Investments worth over Rs.3.50 per share

1 Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 11:37 am

DealKing

2 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 11:39 am

OzTRADER

3 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 11:42 am

OzTRADER

4 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 11:46 am

ecse

5 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 11:48 am

OzTRADER

6 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 12:12 pm

ecse

7 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 12:15 pm

OzTRADER

8 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 1:03 pm

slmarket2

9 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 2:37 pm

market maxx

10 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 2:47 pm

hettdas

11 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 7:01 pm

slrkman

12 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 7:47 pm

SM2014

13 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 8:14 pm

PrabathR

14 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 8:41 pm

dougieboy

15 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 8:44 pm

PrabathR

16 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 8:59 pm

SM2014

17 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 9:16 pm

PrabathR

18 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 9:31 pm

SM2014

19 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 9:34 pm

dougieboy

20 Re: Browns Investments worth over Rs.3.50 per share Fri Sep 19, 2014 10:26 pm

SM2014

21 Re: Browns Investments worth over Rs.3.50 per share Thu Sep 25, 2014 1:07 pm

ecse

22 Re: Browns Investments worth over Rs.3.50 per share Thu Sep 25, 2014 1:09 pm

OzTRADER

23 Re: Browns Investments worth over Rs.3.50 per share Thu Sep 25, 2014 1:16 pm

RPPA

24 Re: Browns Investments worth over Rs.3.50 per share Thu Sep 25, 2014 1:26 pm

hettdas

25 Re: Browns Investments worth over Rs.3.50 per share Thu Sep 25, 2014 1:27 pm

OzTRADER

26 Re: Browns Investments worth over Rs.3.50 per share

Sponsored content

New topics