Stock Market Knowledge Hub

04/09/2023

শেয়ারবাজারে নতুন করে আরও ৫ শতাংশ শেয়ার ছাড়তে চায় তালিকাভুক্ত বহুজাতিক কোম্পানি বার্জার পেইন্টস বাংলাদেশ লিমিটেড। কোম্পানিটি নতুন করে অধিকারমূলক বা রাইট শেয়ার ছেড়ে বাজারে তাদের শেয়ারের পরিমাণ বাড়ানোর আগ্রহ প্রকাশ করেছে। এ বিষয়ে কোম্পানিটি সম্প্রতি পুঁজিবাজার নিয়ন্ত্রক সংস্থা বাংলাদেশ সিকিউরিটিজ অ্যান্ড এক্সচেঞ্জ কমিশনকে (বিএসইসি) চিঠি দিয়েছে।

এর আগে ২০২১ সালের ১২ সেপ্টেম্বর বার্জার পেইন্টসসহ তালিকাভুক্ত তিনটি কোম্পানিকে নতুন করে বাজারে আরও শেয়ার ছাড়ার নির্দেশনা দেয় বিএসইসি। বার্জার ছাড়া অন্য দুই কোম্পানি হলো ওয়ালটন হাইটেক ইন্ডাস্ট্রিজ ও সরকারি মালিকানাধীন ইনভেস্টমেন্ট করপোরেশন অব বাংলাদেশ (আইসিবি)। বিএসইসির ওই নির্দেশনার আলোকে বাজারে শেয়ার বাড়ানোর উদ্যোগ নিয়েছে বার্জার। এ জন্য তারা আইনি ছাড়ও ছেড়েছে।

আইন অনুযায়ী, তালিকাভুক্ত কোনো কোম্পানি নতুন করে রাইট শেয়ার ইস্যু করলে বিদ্যমান সব শেয়ারহোল্ডার বা শেয়ারধারী সেই শেয়ারের মালিকানা পান। কিন্তু বার্জার পেইন্টস নতুন করে যে রাইট শেয়ার ইস্যুর আগ্রহ দেখিয়েছে তাতে কোম্পানিটির উদ্যোক্তা-পরিচালকেরা অংশ নিতে চান না। কারণ, কোম্পানিটির উদ্যোক্তা-পরিচালকেরাও যদি এ প্রক্রিয়ায় অংশ নেন, তাহলে পরিশোধিত মূলধনের ন্যূনতম ১০ শতাংশ শেয়ার বাজারে ছাড়ার যে আইনি বাধ্যবাধকতা রয়েছে, সেটি পূরণ হবে না। এ কারণে উদ্যোক্তা-পরিচালকদের অংশকে বাদ দিয়েই বাজারে নতুন করে রাইট শেয়ার ছাড়তে চায় বার্জার। এ জন্য আইনি বাধ্যবাধকতা থেকে ছাড় চেয়েছে কোম্পানিটি।

বিএসইসিকে দেওয়া এ সংক্রান্ত চিঠিতে বার্জার জানায়, তারা নতুন করে যে রাইট শেয়ার ছাড়ার পরিকল্পনা করছে, তার মধ্যে ১৫ শতাংশ শেয়ার কোম্পানির কর্মীদের জন্য সংরক্ষিত রাখতে চায়। বাকি শেয়ার উদ্যোক্তা-পরিচালকদের বাইরে সাধারণ শেয়ারধারীদের মধ্যে বিক্রি করা হবে। তবে কত দামে ও বিদ্যমান কয়টি শেয়ারের বিপরীতে কতটি রাইট শেয়ার তারা ইস্যু করতে চায়, সে সম্পর্কে বিস্তারিত কিছু উল্লেখ করা হয়নি চিঠিতে।

02/09/2023

I just read the report on The business standard how Srilankan economic recovery from high inflation 69.3 to 11%. Even paid back the loan of BD The summary of it as follows:

1. Got 3 billion bailout loan, which resolved the energy crisis and production increased.

2. Macroeconomic reforms:
2.1. Unnecessary Govt expenditures shortens. Which means less possibility of corruption !
2.2 Deposit and lending interest lessening.
2.3 Trade deficit shortening.
2.4 Tourism getting back on track
2.5 Fixup the foreign currency rate

The reporter also explains why BD fails to resolve the high inflation as follows:
Govt raised the issue of Supply side. Indicated the russia ukraine war. But its not true.

According to Dr Ahsan H Mansur and Dr Zahid hossain. The Indicated that financial institutions failure, which indicates lending money to defaulters. Which means lack of supervision and control from central bank. So on...

23/08/2023

The 50th Annual General Meeting of Berger Paints Bangladesh Limited was held today. 400% cash dividend was declared for the year 2022-23.

06/08/2023

The majority of stock market analysis can be lumped into three broad groups: fundamental, technical, and sentimental. Here's a close look at each.

FUNDAMENTAL ANALYSIS
The goal of fundamental analysis is to determine whether a company's future value is accurately reflected in its current stock price.

Fundamental analysis attempts to estimate the value of a particular stock based on a variety of factors, such as the current finances of the company and the prevailing economic environment. Fundamental analysis also may include speaking with a company's management team and assessing how the company's products are received in the marketplace.

When a fundamental review is complete, the analyst may decide the stock is an attractive opportunity because the market has underestimated its future prospects. The analyst also may determine the stock to be a "hold" or a "sell" if the value is fully reflected in the price.

TECHNICAL ANALYSIS
Technical analysts evaluate recent trading movements and trends to attempt to determine what's next for a company's stock price. Generally, technical analysts pay less attention to the fundamentals underlying the stock price.

Technical analysts rely on stock charts to make their assessment of a company's stock price. For example, technicians may look for a support level and resistance level when assessing a stock's next move. A support level is a price level at which the stock might find support and below which it may not fall. In contrast, a resistance level is a price at which the stock might find pressure and above which it may not rise.

SENTIMENTAL ANALYSIS
Sentimental analysis attempts to measure the market in terms of the attitudes of investors. Sentimental analysis starts from the assumption that the majority of investors are wrong. In other words, that the stock market has the potential to disappoint when "masses of investors" believe prices are headed in a particular direction.

Sentiment analysts are often referred to as contrarians who look to invest against the majority view of the market. For example, if the majority of professional market watchers expect a stock price to trend higher, sentiment analysts may look for prices to disappoint the majority and trend lower.

Which approach is best? There is no clear answer to that question. But it's important to remember three things: Past performance does not guarantee future results, actual results will vary, and the best approach is to create a portfolio based on your time horizon, risk tolerance, and goals.

Keep in mind that the return and principal value of stock prices will fluctuate as market conditions change. And shares, when sold, may be worth more or less than their original cost.

06/08/2023

Types of Stock Analysis
Stock analysis can be grouped into two broad categories:

1. Fundamental Analysis
The fundamental stock analysis method involves the evaluation of a business at a basic financial level. Investors use fundamental analysis to determine whether the current price of a company’s stock reflects the future value of the company.

Fundamental analysis uses different factors such as the current economic environment and finances of the company to estimate its stock value. Different key ratios are also used to determine the financial health and understand the true value of a company’s stock.

Earnings per share (EPS) – The EPS is useful when companies operating in the same industry need to be compared. A company’s EPS indicates its profitability; hence, traders consider an increasing EPS a good sign. The higher the value of EPS, the more the company shares are worth buying.
Price to Earnings ratio (P/E) – The P/E ratio indicates how much investors are willing to pay for the earnings of a company. A higher P/E value could mean an overvalued stock. Or, it could imply that the market is expecting the company to perform extremely well over time. On the other hand, a low P/E value is seen as unfavorable by the market.
Price to Earnings to Growth ratio (PEG) – The PEG ratio helps to determine the value of a company’s stock while considering the earnings growth of the company. The PEG ratio, along with the P/E ratio, can help obtain a clearer picture of a company’s stock than the P/E value alone.
Price to Book ratio (P/B) – The P/B ratio is used to compare the market value of a company with its book value. It seeks the value that the stock market places on a company’s stock relative to the book value of the company. A company with sound financial health will trade for more than its book value since investors will consider the company’s future growth while pricing the stocks.
Return on Equity (ROE) – It measures how effectively a company uses its assets for producing earnings. A high ROE implies that a company squeezes out greater profits with available assets. Hence, with all other things equal, it will be better to invest in high ROE companies in the long run.
Dividend Payout Ratio – It measures the percentage of the company’s earnings paid to shareholders or owners. The earnings of the company, which are not passed on to the shareholders, are used to pay off debts, reinvest in business operations, or are retained for future use


2. Technical Analysis
The technical analysis method involves examining data generated through market activities, such as volume and prices. Analysts following such a type of stock analysis use technical indicators and tools like charts and oscillators to identify patterns that can indicate future price trends or direction.

Technical analysts examine the historical trading data of a security and estimate the future move of the security. It is frequently used for forex and commodities. The technical analysis is based on the following assumptions:

The market knows it all. Technical analysis assumes that the market price of a stock reflects all that has or can affect a company. Technical analysts consider that all the factors affecting the company are priced into the security.
Price follows a trend. It implies that once a trend is established, future prices tend to follow the direction of the trend. Such an assumption is the basis of many strategies for technical trading.
History is likely to be repeated. History repeats itself mainly concerning price movement. Market psychology causes price movements to repeat. Technical analysis involves using chart patterns to analyze the movements in the market and study trends. Charts that have been used for over 100 years are still relevant since price movement patterns are often repetitive.

02/08/2023

Aug 02, 2023
STANDBANKL
Dividend Disbursement
The company has informed that it has credited the Bonus shares to the respective shareholders' BO Accounts and it has also disbursed the cash dividend to the respective shareholders for the year ended December 31, 2022

01/08/2023

01/08/2023

Investing in agriculture: Agriculture accounts for around 15% of our GDP. It has proven to be an antifragile sector amid the pandemic. We all need food on our plates no matter what happens. It means investing in agriculture is relatively safer unless nature does not mess with your firm or crops.

iFarmer, an agri-fin-tech firm based in Dhaka, provides investment opportunities in agriculture firms to retail investors who are looking for alternatives to conventional investment options and cannot invest large amounts. iFarmer uses a portfolio approach to secure desired returns for investors and provides third-party insurance on its platform that investors can purchase. The startup offers a much higher return, upto 20% in six months, than many other traditional investment options available in the market.

Furthermore, the company empowers micro-investors to grow their wealth, i.e. people with minimal income and savings ranging from BDT 10,000 to BDT 30,000 who have difficulty accessing most mainstream investment options. With the growing interest in Islamic Finance, iFarmer’s portfolio includes Shariah-compliant firms as well.

27/07/2023

Jul 27, 2023

LINDEBD
Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on July 30, 2023 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2023.

24/07/2023

5 Steps for Choosing Stocks

1. Assess the market. Before you add a position, note how the broader market is moving, since research suggests that roughly 75% of stocks move in step with the market.
2. Identify a sector.
3. Screen for stocks.
4. Review the fundamentals.
5. Check the charts.