Sunday, January 28, 2018

It is the right time to invest in IBN SINA

The Primary trend of IBN SINA is bullish. In my opinion, It is the right time to take entry in this script.
  •    Possible price gap after 4 months Tk. 21(8.5%).
  •    Possible price gap after 8 months Tk. 54(22%).
This Analysis prepared to keep in mind for those who want to invest for 4 months to 1 Year.
Disclaimer: This is simply a forecast. I don't take any responsibilities for consequential loss if any.
Fundamental Forecast:
Findings:
1. EPS: It is the widely used indicator in the investment decision. In 2011 EPS was Tk.4.24 But in the next six  years, it is increasing day by day. In 2017 it reaches Tk.9.06. It's a good sign for company reputation and investor will be interested to invest in this company.
2. Gross profit: it's also in a positive trend. In 2011 Gross profit was Tk.679.64 mn.which was reaches Tk.1623.52 mn.in 2017. It indicates that the firm has higher profitability.
3. Turnover: sales turnover also incresing YOY. In 2011 it was Tk. 1755 mn. which was double in 2017 (Tk.4009 mn.So we can say it's a bluechip share.

Monday, January 22, 2018

Pubali bank share price may increase from the current price level

The share price of Pubali bank continuing it's current up trend. Target price Tk.30.90.

Disclaimer: This is simply a forecast. I don't take any responsibilities for consequential loss if any.