ACI Zero Coupon Bonds Details

ACI 20% Convertible Zero Coupon Bonds Details
Application Document Available at:
DSE & CSE Library, DSE Members house, Issue
Manager, Underwriter and designated banks.

Subscription Open : January 31, 2010
Subscription Close : February 04, 2010
For Non resident Bangladeshi January 31, 2010 to February 13, 2010
Issue Price (Tk.) 3,743.00
Face Value (Tk.) 5,000.00
Market lot (Share) 5
Public Offer (lots) 106,868
Manager to the Issue Alliance Financial Services Limited


Major Features of ACI 20% Convertible Zero Coupon Bond

Total Issue Size Issue Value Tk. 1 billion and face value Tk. 1.34 billion
Discount rate :10.5%
Mode of Issue 60% Private placement and 40% Public Offer
Maturity 5 years with yearly redemption
Convertibility 20% of the redemption value can be converted into the
Ordinary shares of ACI Ltd. at each maturity date
Conversion strike price 1.1 times of the net asset value per share as per the
last audited financial statements.
Tradability The Bond will be traded both in DSE and CSE

For More Visit Following Website

DBH MUTUAL FUND IPO LOTTERY RESULT

The lottery date of DBH Mutual Fund 14 January 2010.

Result will publish in this page........... so welcome to my blog 14 January.

Now visit following website to know more.

Cyber Crime In Stock Market

Collection From Financial Express-bd

The Securities and Exchange Commission (SEC) would take action against those, who influenced stock prices by spreading rumours through internet, said a spokesman at a press briefing Monday.

The commission primarily identified some Facebook users, who posted market-related messages in a bid to manipulate share prices.

"Recently, the commission observed that some people using Facebook spread rumour about the stock market to derive personal gain," said Farhad Ahmed, executive director of the SEC.

'We are going to take action against some people, who have already been identified," he said.

The SEC said that it would inform the Face Book authority to take proper initiatives to avert use of their domain for the purpose of rumour spreading. Later, the SEC would take the help of Bangladesh Telecommunications Regulatory Commission (BTRC) and the law enforcement authorities.

"They have a specific target, which is absolutely a punishable offence. At first, we are trying to prevent them from doing this type of things. If they fail to heed, the SEC will impose unlimited penalty on them," Farhad Ahmed said.

The SEC also said the stockbangladesh.com was forbidden on the basis of aforesaid complaints. Later, another website authority begged pardon to the SEC for doing the similar things. The SEC suggested the investors not to rely on the hearsays and rumours spread by the rogues.

Dse Stock Analysis : Premier Leasing

As Per TA chart not bad,looking good to me. But problem is bad financial performence. Full year Eps=12.27 Taka Only Half year Eps=6.60 Taka Only. Where is unaudited PE 39.97.That is bad. But look at all charts. Super waiting for shut ???
Just Need some strong Volume.

Dse Stock Analysis : Prime Bank

Bank's Operating Profit Has Been published in various national newspaper.So i think bank will rise for another 1-2 days.But prime bank should down immediate .Because prime bank couldnot create any nearer resistence . Prime Bank may touch 680 in Sunday.Then it will down again 630-640 .It will create resistence here then it will sleep here. Look at chart

But ultimately it should go 800 tk because of its good earning .It earned 580 operating profit. Which is 2nd large in Bangladesh.

Operating Profit 580 Crore
Operating Profit after tax 333.5 Crore
EPS,If 15% Reserve=79.75
EPS,If 20% Reserve=75.06
EPS,If 25% Reserve=70.36

Even with 70.36 eps, prime bank should go 800 taka.Where PE will only 11.37.

I will update regularly visit Agan.

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