Member Info for winnings1

Indeed, and why not make mention of the interest rate to be paid, the latter being very important!

There are plenty Companies making large profit with not a great deal in the way of Net Assets.
But it i always nice to know that assets substantially exceed debts, in the case of BXP by 67p a share!

Beza - Not quite. I checked again, looks more like £300 million. If you look up the Half Year Results in the RNS, there at the end it mentions Net Asset Per Share, which, when multiplied with the sharess, translates into about £300 million.

Beza - Look this up on the Comapany's website under 'investor relations'. At a quick glance I make it around £500 million.

4unme - Thinking of taking profits and buy some cheap Beximco Pharma stock...?

Today's trading update does not look bad to me, in fact fairly solid performance.

Lessee My Space Housing (7.9% of rent roll) cannot pay the rent. Now joined by lessee Parasol Homes Ltd (9.65 of rent roll) unable to pay the rent. Combined 17.5% of the rent roll in difficulties. Will more follow? Picture does not look good to me.
Sitting tentants cannot be moved out, what is the value of properties where rents cannot be paid/collected.

In my VIew the entire property portfolia needs to be devalued, to take account of reduced rental income due to the rents being too high for future easy collection.

Tell us which share you are selling next....

Jolly - I don't blame you for being cautious, but it is difficult to not see the shares being jolly cheap at current low price.
More than two for the price of one as Pedro says. I am at my self imposed limit for a single stock, otherwise I would be buying a good deal more.

The Directors are happy to buy, prospects look good, so I have been happy to buy today to join the party.

Jolly - You are living in a state of denial. Why not accept that BXP is an excellent Company, growing at pace, gaining international recognition, paying decent dividends - with a conservative share price on the Dhaka stock exchange, with our non-voting shares here (WITH PROTECTED FULL DIVIDEND RIGHTS) at less than half price of the voring shares in Dhaka.
Can you not see that the shares here are a steal at current ridiculously low price?
Come on, get out of your rut, get your wallet out and BUY before the price takes a trip north.

The way this Country is going, we'll financially default long before Bangladelsh where labour is cheap, where workforces don't go on strike, and where folks (and Government) don't borrow to excess. They are up and coming, we are heading the opposite way.

Jolly - Nice to see you back in your normal unjolly way. Tell me, why to you think investors based in Bangladesh are happy to pay more than twice what we pay for our non-voting shares with protected same Dividend rithts. Are you sure they want to pay more than twice as much so that they can occasionally cast their vote (which very few do anyway, leaving that role to Institutional Investors). Do you really think folks in Bangladesh are stupid with their hard earned cash?

I am not an accountant, but I would say there is no Tax is to be paid here after the witholding Tax over there.

Sales well up, but profits down (global cost headwinds). Outlook remains excellent. Share price on the Dhaka stock exchange down just 0.34% (hardly changed) at Taka 146.20 , which translates into 111.1 pence, which is well more than twice the price of our non-voting shares (with precisely the same protected Dividend rights),
Certainly a long term hold for me.

I don't expect spectacular results, just good results will do. Covid vaccine distribution has been rewarding, but has ended, so expect a bit of a pull-back from that.

There would be a major problem if the block-tenants cannot pay the rent - due to whatever macro economic circumstances (e.g energy costs, high repair/maintenance costs).
What would the appartments be worth with sitting tentants and rents unpaid. Current book values will then look absurdly high. Hopefully things are not quite that bad, but there is some smoke....,. j

Social Housing Budgety more than likely to increase rather than decrease. Social Care Budget to increase as already announced by the Government.

Market Cap at current share price (51p) is now less than half the company's Net Assets - (property value minus debt).
Can the share price realistically still go down further? I cannot help but think that at 51p we must have reached the bottom.
Little steps up from here could reasonably be expected....
IMHO