BFN EGM - FEB - BROKERS SAY FOR SURE PRICE WILL MOVE ABOVE 19-59 PRIVATE PLACEMNT PRICE SLOWELY SLOWELY

kalu351

kalu351

Senior Manager - Equity Analytics

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Join date : 2018-01-28

BFN EGM WAS TO BE HELD ON FEB 7
AND SOME GOOD NEWS IS EXPECTED ..

NOW IT MAY GET POSTPONED BY ONE WEEK AS SOME REGULATERY WORK TO BE DONE

IT IS SPECULATIVE AND THINGS ARE COMING GOOD PEOPLE / BROKERS SAY FOR SURE PRICE WILL MOVE ABOVE 19-80 PRIVATE PLACEMNT PRICE SLOWELY SLOWELY

NP

NP

Equity Analytic

Posts : 49
Equity Stars : 2007
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Join date : 2019-01-16

@kalu351 I am not sure about your analysis. But in my analysis, I personally think BFN will reach 17 by the end of this week or the next. If it breaks above 17 bonus. Tragedy is,when it is down everybody complains and panic and sell but when it start to run the all buy high.

kalu351

kalu351

Senior Manager - Equity Analytics

Posts : 428
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Join date : 2018-01-28

NP wrote:@kalu351 I am not sure about your analysis. But in my analysis, I personally think BFN will reach 17 by the end of this week or the next. If it breaks above 17 bonus. Tragedy is,when it is down everybody complains and panic and sell but when it start to run the all buy high.

Yes what you say is true
just check one transaction was there for 138000 shares were bought at 14.80 ..

NP

NP

Equity Analytic

Posts : 49
Equity Stars : 2007
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Join date : 2019-01-16

I think the parabolic SAR is also showing that the upword momentum is building up. Buying @ current levels would be risky. But not buying now and then buying @ 17 18 would be stupid.

ruwan326

ruwan326

Senior Vice President - Equity Analytics

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BFN EGM - FEB - BROKERS SAY FOR SURE PRICE WILL MOVE ABOVE 19-59 PRIVATE PLACEMNT PRICE SLOWELY SLOWELY Kalu11

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BFN EGM - FEB - BROKERS SAY FOR SURE PRICE WILL MOVE ABOVE 19-59 PRIVATE PLACEMNT PRICE SLOWELY SLOWELY

1 BFN EGM - FEB - BROKERS SAY FOR SURE PRICE WILL MOVE ABOVE 19-59 PRIVATE PLACEMNT PRICE SLOWELY SLOWELY Mon Jan 14, 2019 10:24 am

kalu351

2 Re: BFN EGM - FEB - BROKERS SAY FOR SURE PRICE WILL MOVE ABOVE 19-59 PRIVATE PLACEMNT PRICE SLOWELY SLOWELY Wed Jan 16, 2019 2:34 pm

NP

3 Yes BFN good BUY BELOW 17 AS THE NEW SHARE PRICE IS 19.58 Thu Jan 17, 2019 8:04 am

kalu351

4 Re: BFN EGM - FEB - BROKERS SAY FOR SURE PRICE WILL MOVE ABOVE 19-59 PRIVATE PLACEMNT PRICE SLOWELY SLOWELY Thu Jan 17, 2019 10:39 am

NP

5 Re: BFN EGM - FEB - BROKERS SAY FOR SURE PRICE WILL MOVE ABOVE 19-59 PRIVATE PLACEMNT PRICE SLOWELY SLOWELY Thu Jan 17, 2019 8:18 pm

ruwan326

6 Re: BFN EGM - FEB - BROKERS SAY FOR SURE PRICE WILL MOVE ABOVE 19-59 PRIVATE PLACEMNT PRICE SLOWELY SLOWELY

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