15 January, 2019

TODAY’S CSE news

2019-01-15: Today´s Trade

CSE NEWS: Today´s (15 January 2019) Total Trades 15,725, Volume: 14,728,658 and Turnover: Tk. 415.44 million.

2019-01-15: Query Response

BDLAMPS: In response to a DSE query dated January 15, 2019, Bangladesh Lamps Limited has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.

2019-01-15: Query Response

SONARBAINS: In response to a DSE query dated January 15, 2019, Sonar Bangla Insurance Ltd. has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike of shares.

2019-01-15: Board Meeting

KTL: Kattali Textile Ltd. has informed that that the Board Meeting of the Company will be held on January 20, 2019 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2018.

2019-01-15: Board Meeting

DESCO: Dhaka Electric Supply Company Ltd. has informed that the Board Meeting of the Company will be held on January 21, 2019 at 6:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2018.

2019-01-15: Bonus Share Credited

NFML: National Feed Mill Ltd. has informed that the Bonus Shares of the Company for the year ended on June 30, 2018 have already been credited through CDBL to the respective shareholders´ BO Accounts today January 15, 2019. Amount of fractional stock dividend will be sent to the eligible/entitled shareholders in their respective address within the stipulated time frame.

2019-01-15: Sale Intention

DSSL: Mr. Mostafa Quamrus Sobhan, one of the Sponsors Directors of Dragon Sweater & Spinning Ltd., has reported his intention to sell 16,00,000 shares (Bonus Shares) out of his total holding of 3,12,67,822 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.

2019-01-15: Dividend Disbursement

SAIFPOWER: SAIF Powertec Limited has informed that it has credited the Bonus shares for the year ended on June 30, 2018 to the respective shareholders´ BO Accounts on January 15, 2019. Cash dividend will be paid to the respective shareholders´ in stipulated time.

2019-01-15: Credit Rating

BARKAPOWER: Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity Rating (Surveillance) of Baraka Power Limited as “AA1” along with a stable outlook based on audited financial statements up to June 30, 2018, bank liability position as on November 30, 2018 and other relevant quantitative and qualitative information up to the date of rating declaration.

2019-01-15: Credit Rating

METROSPIN: Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity Rating (Surveillance) of Metro Spinning Limited as “BBB3” along with a stable outlook based on audited financial statements up to June 30, 2018, bank liability position as on December 26, 2018 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

2019-01-15: Credit Rating

MAKSONSPIN: Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity Rating (Surveillance) of Maksons Spinning Mills Limited as “BB2” along with a stable outlook based on audited financial statements up to June 30, 2018; bank liability position as on December 26, 2018 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

2019-01-15: Share Transmission of deceased Sponsor/Director to his successor

MERCANBANK: Mercantile Bank Ltd. has further informed that total 24,20,000 shares (22,00,000 unpledged shares and 2,20,000 bonus shares) of late Sponsor Director of the Company Mr. Md. Tabibul Huq has been transmitted to his successor Tanzina Huq (daughter of late Md. Tabibul Huq) according to the Succession Certificate issued by the Honorable Court.

2019-01-15: Credit Rating

APEXSPINN: Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity Rating (Surveillance) of Apex Spinning & Knitting Mills Ltd. as “AA3” based on audited financial statements up to June 30, 2018; bank liability position as on November 30, 2018 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

2019-01-15: Credit Rating

APEXFOODS: Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity Rating (Surveillance) of Apex Foods Limited as “A2” along with a stable outlook based on audited financial statements up to June 30, 2018; un-audited three months management prepared financial statements; bank liability position as on November 30, 2018 and other relevant quantitative and qualitative information up to the date of rating declaration.

2019-01-15: Credit Rating

HFL: Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity Rating (Surveillance) of Hamid Fabrics Ltd. as “AA3” based on audited financial statements up to June 30, 2018; unaudited three months management prepared financial statements; bank liability position as on November 30, 2018 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

2019-01-15: Un-audited HY A/Cs

ARGONDENIM: (Quarter 2) As per un-audited half yearly accounts of Argon Denims Limited, EPS was Tk. 1.02 for October-December 2018 as against Tk. 1.04 for October-December 2017; EPS was Tk. 1.81 for July-December 2018 as against Tk. 1.95 for July-December 2017. NOCFPS was Tk. 1.11 for July-December 2018 as against Tk. 0.67 for July-December 2017. NAV per share was Tk. 26.87 as on December 31, 2018 and Tk. 26.56 as on June 30, 2018.

2019-01-15: Spot Trade Continuing Today (15.01.2019)

SPOT TRADE: Please find SPOT Trade is continuing today on the trading of the shares of MONNOCERA, KAY&QUE, LEGACYFOOT, AZIZPIPES.

2019-01-15: CSE NEWS

Message: All investors are requested to make their investment decision on the basis of financial strength of the companies not on the basis of rumor.

2019-01-15: Investor Awareness

BSEC´s Message (Repeat): 1) It is not wise to invest in the capital market without having proper information, detail knowledge and experience regarding different aspects and nitty-gritty of the capital market. 2) It is to be kept in mind that the profit or loss whatever you make from investment is belong to you only. Therefore, prudent investment decision based on knowledge and fundamentals can be your real assistance. 3) Don´t pay heed to rumors at the time of buying and selling of shares. Buying and selling of shares based on rumor can be harmful. Even spreading of rumor is legally prohibited. (BSEC vide its letter no. SEC/SRMIC/2010/726 dated 23 November 2010).

2019-01-15: Continue- Important news

BSEC (continue) (Repeat): In this situation, in the greater and long term interest of the growing capital market and investors, all related to Stock Exchange and market intermediaries i.e. stock broker/dealer, asset manager, merchant banker, issuer company including their officials are requested to abstain from giving opinion/comment on investment which may create enthusiasm or confusion among the investors. (end)

2019-01-15: Important news

BSEC (Repeat): It is observed that in the context of the present condition of the capital market, many small and new investors are involved which is undoubtedly encouraging. But it is a matter of concern that a portion of these investors without having proper, timely and detail knowledge and reviewing/analyzing the information of the different aspects of the capital market are being attracted in investing on the basis of rumor, hearsay and different comments from different quarters, which may make their hard earned capital risky, as a result, it will not only hamper the confidence of these investors but may also create hindrance of the continuity and firm growth of the capital market. (continue)