Bimputh Finance -30 June 2015

Future123 wrote:I'm not sure but looking at the number of branches, past performance and the brand name it's suspicious.

Future123 wrote:Just check under liabilities due to banks and other institutions. The amount due is Rs. 3.775 billion in June compared to mere Rs. 529 million last year.

Under assets loans and advances increased from 1 billion to 4 billion.

This clearly shows BLI has borrowed a huge sum of money and lend it to the customers. Should be at a very low rate to achieve this profit margin.

Future123 wrote:BLI was simply rocking. Had a fantastic time with it. Seems the run will continue for a while and not much sellers were there.

I like BLI since this belongs to Daya and Anoma Gamage. Therefore, RW or RK will not attack BLI. Had to sell a little to clear some credit but holding a lot.

I think this will further go up closer to the sub division date.

Next one to watch is SFL. Daya Gamage is one of the major shareholders through BLI.

Note: This is just my personal view. This is overvalued fundamentally and do your analysis before making a buy / sell decision.

slstock wrote:Future123,

I am happy if you are in profit.
But do me a favor and not promote BLI to give any idea this is a good investment ( to new people) anymore.

Can it go up higher until someone desides to dump.

Current price is manipulated to 2011 level and is not worth half as much on present fundamentals.

Future123 wrote:BLI was simply rocking. Had a fantastic time with it. Seems the run will continue for a while and not much sellers were there.

I like BLI since this belongs to Daya and Anoma Gamage. Therefore, RW or RK will not attack BLI. Had to sell a little to clear some credit but holding a lot.

I think this will further go up closer to the sub division date.

Next one to watch is SFL. Daya Gamage is one of the major shareholders through BLI.

Note: This is just my personal view. This is overvalued fundamentally and do your analysis before making a buy / sell decision.

Future123 wrote:BLI was simply rocking. Had a fantastic time with it.  Seems the run will continue for a while and not much sellers were there.

I like BLI since this belongs to Daya and Anoma Gamage. Therefore, RW or RK will not attack BLI. Had to sell a little to clear some credit but holding a lot.

I think this will further go up closer to the sub division date.

Next one to watch is SFL. Daya Gamage is one of the major shareholders through BLI.

Note: This is just my personal view. This is overvalued fundamentally and do your analysis before making a buy / sell decision.