Member Info for Beza

… Great piece of research Suggins. Thanks for sharing it with us. I’m in here too and I find it frustrating that they are still under £1. Maybe your idea of loading up more why the price is low is the answer.

So the government and in turn the public are just beginning to come to the realisation that the politicians failed energy policy is starting to yield the results which they were warned about… This, potentially could be good news for the oil and gas companies which operate in this region…

Am I right in saying that the results are 29th September?

Agreed. I take some comfort here from the fact that the board, particularly Nick have bought a fair few shares over the past 12 months or so. In fact, on their most recent purchase they are about 17% down…

… which is what I recall, from the investor presentation I believe but perhaps the talk about plugging the gap in the pension early and talking with the lenders has led investors to speculate.

Is there fear of an equity raise which is holding the share price back? Would this explain the volume of selling which is being shown here? I can’t believe that we started the day up 15% and it finishes flat…

https://www.bloomberg.com/news/articles/2021-08-06/the-era-of-cheap-natural-gas-ends-as-prices-surge-by-1-000

Hi Scooby.
How many shares does JA or the missus have? Were they purchases or did he have the buy as per his contract? I don’t think that he bought any a few months ago ( when some of the other directors did) so it’ll be interesting to see if he buys ‘post results’. Fingers crossed we see an upturn in fortunes here.

I made a top up to my holding today. I recall a couple of folk saying that their recent buys had been marked as sells but my was done correctly. Pleased to see the strong price finish.

I use Stockopedia and I have noticed that the Fres forecasts (which I assume are a consensus of broker estimates) have been revised since last weeks results. They have actually been revised down but only slightly. The 2022 eps forecast was 93p per share. It’s now showing 91.5 with a divi of 44p per share. So with a prospective p/e of 8.55 and a 5.6% divi these are looking good value.

Winnings,
I’ve had a look and on the other index and the market cap of Beximco (at the current share price) is 82.55B BDT. If I’ve worked this out correctly (be good if somebody else would double check it) l, converting this into GBP gives the company a market cap of £706M. This differs hugely to the U.K. market cap of £360M…. Or have I got my sums wrong.!

Is any of today’s fall down to Mexico going back on the red travel list? I know that this is for tourists and probably makes little difference to Fresnillo but, sentiment and all that… Whatever it is, it’s oversold!

So it appears that 3 of the directors are being given 3/4 of a million shares between them… Is this subject to the share price achieving a certain price, or is it just a nice little tickler for the lucky three! I’ll have to have a scan through the AR which dropped into the post box the other week.

Winnings,
I’m a holder here too - have been for the last year or so. Very frustrating that the price is hovering down here when it should be above a £1. Regards your comparison with Dhaka, is there a differing number of shares on each index? This which would explain the huge price difference! It just doesn’t seem normal to have such a huge price error. I hope your right because it means we have ourselves a bargain but it just seems too good to be true! Do we know the market cap of Beximco on each index? Regards

Barclays had a similar Target Price with Bab****s a few months ago. Straight after their results they gave a price target of £1.47 (when the shares were about £2.50 I think). The shares are currently £2.70 and have not been anywhere near the £1.47!

https://www.bbc.co.uk/news/uk-politics-57977282

Well today’s announcement did very little for the volume! I know it wasn’t exactly earth shattering news but I was hoping to see a better response. Let’s see how the Bangladeshi shares fair.

Let’s see if we have any new broker estimates after the analyst’s have had chance to digest the update. F

https://www.bollyinside.com/news/soros-and-gates-back-purchase-of-uk-diagnostic-technology-group

… and that wouldn’t surprise me!