Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Price of BXP shares on the Dhaka stock exchange currently is : Taka 146.20 which translates into £108.2p
The difference between between our BXP-GDR shares and the BXP shares in Dhaka is that our shares carry no voting rights, but othewise are the same, with absolutely the same Dividend rights. It makes the low price here (38p) look somewhat irrational.
On track to serious growth.
Not terrifying perhaps, but disappointing to say the least.
Jolly - I don’t know about you, but I am sorely tempted to buy some more at the correct
Jolly - I don’t know about you, but I am sorely tempted to buy some more at the current very attractive low price of 42 pence. What is holding me back is that I am at my self-imposed limit for any single entstock. Frustrating, I am telling you.
You will get your dividend, just delayed by a few weeks. BXP has the money transferred to the New York bank which handles the pay-out to the shareholders, just be patient.
That the GDR’s are not allowed in an ISA has nothing to do with the respectability or reliability of BXP.
Jolly - Should the Taka devalue (unlikely), then BXP’s profits will soar, exports will rise out of the pan. BXP is globally recognised as an excellent company, well managed, well respected, growing faster than most, trading internationally, no FX problems. Investors on the Dhaka stock exchange are happy to pay more than twice our price for their BXP shares which differ from our shares in so far that our shares have no voting rights, Dividends precisely the same!
As long as it is not BXP holding the Dividend payment back, I see no reason to be concerned.
What is a few weeks delay in the lifespan of man/woman? The money is deposited in the New York bank, so out of BXP’s hands. No worry!
Out of BXP
What is your obsession with ‘fx’ what proof do you have of rationing?
Can I just say this: a country that is strike-ridden whilst borrowing to the hilt to keep its population on an undeserved high Standard of living is heading direction basket case - The United Kingdom.
Results out today look good, but a growing chunk of the rents unpaid is somewhat worrying.
Then we have the valuation of the properties, how reliable is that? After all, the valuer gets paid by SOHO, how independent is that? Easy to take an optimistic ‘glass full’ view.
Don’t worry, the share price will catch up with events.
Jolly - you have come back with a vengeance, three negative messages in a row, wow!
I cannot see where you get the idea of “repatriating dividends” from. Never heard of such a thing! BXP is buying chemical/medical ingredients globally, no issues with foreign exchange whatsoever, do you think their foreign bill-payments could possibly be repatriated ?!
Let us be honest, you are craving to see the share price on its knees so that you can dive in big style on the cheap. Oddly , In some way I would like you to succeed, as it would be great to buy the shares of this successful Globally expanding Company at a quarter of the BXP share price on the Dhaka stock exchange, I would buy massively! But is fear-sowing fair on small investors who may be panicked into selling at silly low prices, when actually they should perhaps be buying to take advantage of the silly low prices.
P.S. I for one am perfectly happy to wait a few weeks for the Dividend pay-out, not tat all desperate for the money.
Wow Results! Topped up, can hardly see where this can go wrong.. Potential to rise 50% or more this year, IMHO.