BLS international- After coming back on the growth visibility with a new UK contract which is the largest of all the contracts win by the company till date, and the punjab woes kind of soothed after the news that the punjab gov has allocated the receivables due to bls in the yearly budget and of that 30cr has already come in april…
the correction i was waiting for to enter, has completed …
loks liek the start of a new motive wave… which should be the bullish wave 3…
this has a fundamental addition to it, in the fact that, BLS has been awarded contract with Ministry of Foreign Affairs, Italy in Singapore and commenced operation of processing Italian Visa Applications in Singapore from 2nd July 2018.
Still trying the estimate the opportunity size here and top line impact…
But hopefully punjab woes are finally behind us…
although any mishap from punjab has been nicely price in imo…
expecting heavy resistance in 174 and 200 levels…
No signs of wyckoff accumulation as yet…
Disclaimer.... invested and averaging completed for this financial year
not an investing/trading recommendation
the correction i was waiting for to enter, has completed …
loks liek the start of a new motive wave… which should be the bullish wave 3…
this has a fundamental addition to it, in the fact that, BLS has been awarded contract with Ministry of Foreign Affairs, Italy in Singapore and commenced operation of processing Italian Visa Applications in Singapore from 2nd July 2018.
Still trying the estimate the opportunity size here and top line impact…
But hopefully punjab woes are finally behind us…
although any mishap from punjab has been nicely price in imo…
expecting heavy resistance in 174 and 200 levels…
No signs of wyckoff accumulation as yet…
Disclaimer.... invested and averaging completed for this financial year
not an investing/trading recommendation