yeah agreed with your point many thanks for highlighting very important pointsgeesura wrote:EXPO showed colours, but BIL is saying it can show colours in future.let's see,spksd wrote:BIL I don’t think fundamentals would work with quantities though now its oversold position. If I not mistaken EXPO was moved drastically when it is over brought position . Seems worth buying around 20 percent of portfolio with some risk and hold for ST , MT and see as it’s not going to bankrupt like CIFL , TWOD or Vanikgeesura wrote:I agree with your pointspksd wrote:Glas was stagnated around for couple of months at 4-4.50 and suddenly sky rocketed to 8 - 9 levels and consolidated around 8 - 9 . BIL might do that same but not sooner . But as a diversified penny current price levels seems like pretty ok .
If you are comfortable with this price it's ok to get in. but comparing BIL with GLAS.BIL market cap is already 54bn glass market cap is 9bn think which one is easy to move. In cse always fundamentals won't work.
. I agree technicals won't work and AS I have said earlier BIL will turn into gold if you keep it for long term. but for the short term/mid-term it is one of the loss-making companies in the tourism industry.
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