Member Info for jollyspeculator

in 2009, sp in dhaka was 80 taka and this gdr 2.39p

merger in trouble

but close to trend reversal (sector and stock)??

that pe you quote is itself absurd

this is non voting and is subject to wht

the pe for the ord is c160/12 for a generics facing headwinds in a risky country...fairly fairly valued imv

the sp here is dominated by sentiment (aka discount)...and usually has multi year trends...at the moment the trend is bearish imv

the discount varies enormously...it's sometimes as high as 97%....at present it's a little over 50%....50%--->97% is basically wipeout

yes, the question is from what base

this sp also has a history of catastrophic falls...most egregiously 2006 to 2009 when it fell from nearly 30p to c2.5p (discount of 97%)

is 20%?

===> actual divi c2.3p/share?

====>tp of maybe 35p ish

The current exchange rate is 123...and there's wht

2.95*1.23>3.5

and the fcf will be dreadful, no? will the inventory levels top 5 months in hand? That's a level that is business threatening imv (obsolete inventory may threaten fcf)

until they manage inventory sensibly, this is a sell imv

the sp fell in london

the discount for the gdr is weirdly erratic...in 2009 it stood at c97%!!!!! & 2009-2014 was often in the 70s and 80s%

I guess dividend yield now provides some support...the only question is what level of yield? 7-8% given sharp increase in global yield curves?

3.5/1.25*wth effect=c2.5p yield==>somewhere in the 30s (pence, sp)?

didn't fall as much as i wanted, but

still strange that sp rises as exai collapses

I'm watching for trend change

still placement overhang, and no visibility on fcf+==>always potential for yet more placements

2023 looks terrible

anything is possible, but almost certainly not in my children/grandchildren's lifetimes

if you read my reply to beza, you'd see I'm excited/amazed by Bangladesh

It was a byword for basketcase in my pro days

I sort of specialise on non voting

I've been in here for most of ten years

The challenge is timing when to max out and when to sell most...this isn't a long n strong type of share of course...

L like the story (jewel in Bangladesh; Bangladesh a remarkable success; further integration with Indian economy & generics powerhouse), and looking forward to opportunity to fill my boots

sp up 4* lol

obviously sensible that voting is valuable...we cannot block some dodgy deal that leaves GDRs disadvantaged

if (like me) you'd worked in emerging markets, you'd understand there are serious risks

tp 47p

need to see management actually execute

tp 18p

World of Pain

tp 5p

filled @49p

yes I can sell my whole holding...but the price offered is 47p

if i sell <10k, price offered >48p

I'm trying to buy another 5k, limit 49.5p