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Investors still chasing junk stocks | The Daily Star

Gamblers are going to play with the company, he said on condition of anonymity. On the other hand, the market regulators recent steps to enable a rebound of their performance also instigated me, the investor added. The Bangladesh Securities and Exchange Commission (BSEC) has taken the initiative to restructure companies whose performance is below par. Till date, the BSEC has replaced boards of directors of six listed junk companies Emerald Oil, C&A Textiles, Ring Shine Textiles, United Airways, Familytex (BD) and Alhaj Textile Mills. Market analysts believe that investors are misinterpreting the regulators steps, which could blow up their portfolios.

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