Smart Recommendation 2 - Next run BIL

buddikasmart · 1 Smart Recommendation 2 - Next run BIL Mon May 11, 2015 9:58 am

buddikasmart

Manager - Equity Analytics

Posts : 213
Equity Stars : 6100
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Join date : 2011-11-08

BIL collection is over.... Artificial selling pressure decreasing day by day.. I think next interim report will bring good news and it will pass Rs2/- within next week....

hettdas · 2 Re: Smart Recommendation 2 - Next run BIL Mon May 11, 2015 10:04 am

hettdas

Assistant Vice President - Equity Analytics

Posts : 611
Equity Stars : 6853
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Join date : 2011-02-01

Yes . I am also waiting good report from them. Otherwise why did they issue rights 1:1. They should have already paid their debts. Now BIL should be profitable. Still if they are loosing then it is questionable.

buddikasmart · 3 Re: Smart Recommendation 2 - Next run BIL Mon May 11, 2015 11:05 am

buddikasmart

Manager - Equity Analytics

Posts : 213
Equity Stars : 6100
Reputation : 4
Join date : 2011-11-08

hettdas wrote:Yes . I am also waiting good report from them. Otherwise why did they issue rights 1:1. They should have already paid their debts. Now BIL should be profitable. Still if they are loosing then it is questionable.

i think directors are collected lot of shares at very low price because of this right issue.. (1:1 right issue caused to drop down share price much lower). Now BIL group passed their preliminary development stage. Acquired brand new property, Construct brand new buildings, Foreign Hotel investment and so on.. They have lots of real estate assets and very low debts... Now all the criteria fulfilled. Earning and profitable stage should start.

Samudra Beach Resort progress

Smart Recommendation 2 - Next run BIL Bil_bm11