OFFLINE

Fundamental data:

FV 10 ML 100
LAST EPS (Annualized) : 48.4, PREVIOUS EPS (2009) : 34.59
EPS GROWTH :39.92%
NET PROFIT AFTER TAX : 8008 mn,
NET PROFIT AFTER TAX (2009): 3259 mn
PROFIT GROWTH : 145%
NAV: 63.73
ROE : 75%
LATEST P/E : 6.69
PRICE/NAV: 4.89

Fundamentally strong share. Can be considered for long term.



Technical Analysis:




Price and moving averages:
BEXIMCO has closed below its Short time moving average.
Short time moving average is currently below mid-time, AND below long time moving averages.
The relationship between price and moving averages is: bearish in short-term, and bearish in mid-long term.

Bollinger Bands:
BEXIMCO has closed above bottom band by 42.0%.
Bollinger Bands are 84.3% narrower than normal.
The narrow width of the bands suggests low volatility as compared to BEXIMCO's normal range.  Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. The bands have been in this narrow range for 16 bars. The probability of a significant price move increases the longer the bands remain in this narrow range.

RSI
The current value for the RSI15 is   46.867

The RSI is not currently in a topping (above 70) or bottoming (below 30) range.

Divergence:
The RSI and price are not diverging.

MACD
MACD Value:   -4.660, Signal Line:   -4.924
Currently the MACD is bullish since it is trading above its signal line.
The MACD crossed above its signal line 2 period(s) ago.


NB: This analysis is not a recommendation of buy/sell. Use at your own risk. It is only an assumption based on historical data.

OFFLINE

you wrote fundamentally strong, but technical analysis shows bearish in short and mid long term.

I could not understand.  Can you explain please?

OFFLINE

Originally Posted by Abdul Quddus Chowdhury:
you wrote fundamentally strong, but technical analysis shows bearish in short and mid long term.

I could not understand.  Can you explain please?

Yes brother, Please see my comment after Fundamental data: "Fundamentally strong share. Can be considered for long term."

GOT IT??

OFFLINE

What about effect of of taking over singerbd by Beximco -  if there are possibilities of merge

OFFLINE

Originally Posted by Akhtar Iqbal:
What about effect of of taking over singerbd by Beximco -  if there are possibilities of merge

I know nothing about it.

OFFLINE

Hello bro thanks for ur _people are very agitated here _so advice like buying fundamental share is not very effective here _in this bearish market everything is poised _however thank you and my city bank ,ific is in now bad condition

OFFLINE

Originally Posted by Ali Hasan:
Hello bro thanks for ur _people are very agitated here _so advice like buying fundamental share is not very effective here _in this bearish market everything is poised _however thank you and my city bank ,ific is in now bad condition

I am giving both fundamental and technical analysis. Fundamental data for internal Strength of a stock and Technical analysis for price movement and volatility. I wrote in previous post, fundamentally strong but bearish in price movement. Does it not make any sense? If you bought a overheated share but fundamentally very strong, will it give you any return?

You see the MACD line for BEXIMCO, ILFSL or City bank. Every stock shows bearish. I did not suggest to buy only considering fundamentals. Please go through the post and comment.

OFFLINE

Taj vai, U gave an example of beximco in of your article named Netting strategy... There you showed it will not be effective to do netting in Beximco share as the price fluctuation is not huge here... But we are experiencing huge volatility of beximco (e.g - 265, 250, 228, 245 , 265).... So still why cant we take this opportunity? is their any specific reason?
I want to do some successful netting to cover up few of my losses... But really confused... I read many of your articles... But still little bit of hesitation was there.... Can you suggest?

OFFLINE

Originally Posted by Mostafa Noman Deep:
Taj vai, U gave an example of beximco in of your article named Netting strategy... There you showed it will not be effective to do netting in Beximco share as the price fluctuation is not huge here... But we are experiencing huge volatility of beximco (e.g - 265, 250, 228, 245 , 265).... So still why cant we take this opportunity? is their any specific reason?
I want to do some successful netting to cover up few of my losses... But really confused... I read many of your articles... But still little bit of hesitation was there.... Can you suggest?

Price volatily depends on the demand and supply imbalance. By any means if the demand and supply become imbalance price volatility rises. In the recent past we have seen Beximco is stagnant in 300-320. But now a days its fluctuation is huge. Now its becoming a good script for netting. I have given the example in the thread basing the recent activity of that time. You may go ahead of this script now. If you see the price fluctuation is going narrower than you may deduct the script for netting.