DSE:BDWELDING

Bangladesh Welding Electrodes Ltd. announcements

317 Dhaka Stock Exchange announcements for Bangladesh Welding Electrodes Ltd. (BDWELDING) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2015 (16).

  1. Q3 Financials

    EPS was Tk. (0.30) for July-September, 2015 as against Tk. 0.15 for July-September, 2014; EPS was Tk. (0.68) for January-September, 2015 as against Tk. 0.33 for January-September, 2014. NOCFPS was Tk. (0.13) for January-September, 2015 as against Tk. 1.26 for January-September, 2014. NAV per share was Tk. 15.68 as of September 30, 2015 and Tk. 17.18 as of September 30, 2014. Accumulated profit/(loss) of the Company was Tk. (22.65) million as on 30.09.2015.

  2. Q2 Financials (Repeat)

    (Repeat): (Q2 Un-audited): EPS for April-June, 2015 was Tk. (0.29) as against Tk. 0.05 for April-June, 2014, EPS for Jan-June, 2015 was Tk. (0.40) as against Tk. 0.17 for Jan-June, 2014. NOCFPS was Tk. (0.27) for Jan-June, 2015 as against Tk. 0.69 for Jan-June, 2014. NAV per share was Tk. 16.78 as of June 30, 2015 and Tk. 17.18 as of December 31, 2014.

  3. Query Response

    In response to a DSE query, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike.

  4. Q2 Financials

    EPS for April-June, 2015 was Tk. (0.29) as against Tk. 0.05 for April-June, 2014, EPS for Jan-June, 2015 was Tk. (0.40) as against Tk. 0.17 for Jan-June, 2014. NOCFPS was Tk. (0.27) for Jan-June, 2015 as against Tk. 0.69 for Jan-June, 2014. NAV per share was Tk. 16.78 as of June 30, 2015 and Tk. 17.18 as of December 31, 2014.

  5. Confirmation of sale by a Sponsor/Director

    S. M. Nurul Islam, one of the Sponsors/Directors of the Company, has further reported that he has completed his sale of 5,25,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.

  6. Declaration of sale

    S. M. Nurul Islam, one of the Sponsors/Directors of the Company, has expressed his intention to sell 5,25,000 shares out of his total holding of 26,91,438 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.

  7. Category Change

    The Company will be placed in B category from existing Z category with effect from July 13, 2015 as the Company has reported disbursement of 5% stock dividend for the year ended on December 31, 2014.

  8. Resumption News after Record Date

    Normal trading of the shares of the Company will resume on 10.06.2015 after record date.

  9. Qualified Opinion

    The auditor of the company has given the following qualified opinion in the audit report of the company for the year ended on 31 December 2014: Basis for qualified opinion: Inventories (raw materials) amounting to Tk. 13,536,902/- inherited from GOB in 1983 is non-existent as claim to GOB was turn down since the factory was sold as it is where it is basis.The inventories (Raw materials and others) damaged by flood in the year of 2000 valued Tk. 29,098,090/- are not useable and lying in the go-down as obsolete since then. But nothing has been written off in these Financial Statements under these heads for which inventories and value thereof do not conform to the requirements of BAS-2.

  10. Spot News for AGM

    Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle with cum benefit from 26.05.2015 to 08.06.2015. Trading of the shares of the Company will remain suspended on record date i.e., 09.06.2015.<br>

  11. Dividend Declaration

    The Board of Directors has recommended 5% stock dividend for the year ended on December 31, 2014. Date of AGM: 25.06.2015, Time: 11:30 AM, Venue: Institution of Engineers, Bangladesh, Ramna, Dhaka. Record Date: 09.06.2015. The Company has also reported EPS of Tk. 0.19, NAV per share of Tk. 17.18 and NOCFPS of Tk. (0.19) for the year ended on December 31, 2014 as against Tk. 0.24, Tk. 16.98 and Tk. (0.16) respectively for the year ended on December 31, 2013.

  12. Price Limit Open

    There will be no price limit on the trading of the shares of the Company today (18.05.2015) following its corporate declaration.

  13. Q1 Financials

    (Q1 Un-audited): Net Profit/(loss) after tax from Jan15 to March15 was Tk. (4.47) million with basic EPS of Tk. (0.11) as against Tk. 4.94 million and Tk. 0.12 respectively for the same period of the previous year. However, considering proposed bonus share 5% for the year 2014, restated basic EPS will be Tk. (0.10) as on 31.03.2015 and Tk. 0.12 as on 31.03.2014.

  14. Board Meeting schedule under LR 30

    As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on May 17, 2015 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2014.

  15. Appointment of a valuation firm

    The Company has informed that the Board of Directors of the company has approved the appointment of the valuation firm Commodity Inspection Services (BD) Ltd. for the revaluation of the fixed Assets of the Company and also provide a valuation report.

  16. Address Change

    The Company has informed that the Registered office of the Company has been shifted from 87, Motijheel C/A, Dhaka to 55/B Purana Palton, Noakhali Tower, (11th Floor) Dhaka-1000.

Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.