IntelliAM aiming for significant growth with £5 million Aquis IPO. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Beza, the company cannot escape country calamity
it's not even a serious exporter
Jolly, it is the Company’s performance you should focus on. Never mind the Bangladesh economy, nor the value of the Taka. The cheaper the Taka, the greater the export opportunities for BXP. If we sold our UK shares because of concerns over the UK economy (e.g. UK’s national debt), then our portfolio’s would be nigh on empty.
Cheers to BXP for its progressive performance in a sector (pharmaceuticals) that is close to recession proof. Anyone looking for a safe but potentially exciting Long Term Hold, needs to look no further than BXP, IMHO. Short term gamblers need to look elsewhere for loosing their money.
Jolly, is your worry the country / currency more than the company?
Less than 50% now
the share price in dhaka continues its slide (c 100 taka now)
if dividend maintained at 35 taka/share, that's c1.8p net at 150 taka/£ (20% WHT?)
I'd want close to 10% div yield for the huge risks here
===> tp 20p---
That's an easy metric to follow that shows diminishing confidence in Bangladesh after its dodgy general election
I've pretty much sold out @39p
GL to those holding on
Sounds right to me.
The share price here is extremely low, yet the Company is doing very well, I cannot hink of better value in the market.
I filled my boots some time ago, I hold long term.
This is showing a forecast divi of 5.06 BDT for 2025. After converting to GBP and knocking off the extra tax I’m still getting a divi of 6.4%! Have I made a mistake in my calcs here or does that sound about right?
BXP has moved up a bit over the last few days and this be because it appears to have had a slight earnings upgrade. The forecast eps for 2025 has been increased a little to 14.3 BDT, which, when converted to GBP puts it on a per of about 4. Looking great value. Makes we wonder if I just add.
Any views regarding todays Taka collapse against the Dollar today? biggest ever one day fall :-(
Excellent post, thank you. I think they are reiterating what we already know.
6 mins in.......https://www.youtube.com/watch?v=28q69_1Rib0
Today: Up 4.5% on Dhaka Stock Exchane as I talk.
As good as the results are in local currency. when you translate this into sterling the bag taka has depreciated by over 10% against sterling.. soo that is why the subdued reaction. on an annulised basis the P?E due to this now rises to 6 pre tax. still as EK points out the share price in Dakar is double what it is in London, so maybe a little arbitrage from overseas mayy ensue over the coming days
And tipped by Evil Knievil in his Master Investor piece. Not had much of a result though!
Q3 Results out today (see RNS), look nothing short of excellent.
Very happy to be invested here. Share price is bound to rise very sunstantially over the coming years.
115 Taka/share
is extraordinarily cheap
the DES30 has performed poorly, but BXP's sp in dhaka is still weirdly cheap
And the sp on DSE is drifting down towards it lol
It's a little shy of taka 100/share
jolly, do you have a nav figure for beximco? my ‘back of a *** packet’ is 59p but it’s be interesting to hear the opinions of others.
Tks...pronounced seasonality with 2H weaker than 1H
they've earned Taka 6.7/share in 1H, so that's forecasting c2.5 in each of next quarters
* I use*
Thanks for that.
We’ll I use Stockopedia and that’s forecasts eps of 11.7 BDT for 2024 and 13.7 for 2025 if that’s any help.
Tnw is tangible net worth
when a company in a decent market trades close to tnw, it does beg questions about how low its market value has become
my guess is that BXP can recover some pricing power lost from inflation, but we'll have to see what the next quarter's results look like
… pardon my ignorance Jolly but what’s tnd?