NBL FPO at Rs 280 Best Opportunity for Portfolio Add !

FPO:

After much wait, Nepal Bank Limited (NBL) is issuing its Further Public Offering (FPO) to the general public. The bank is issuing a total of 1,76,84,858 unit shares as FPO at a face price of Rs 280 per unit share. The bank created many controversies when it had announced to issue FPO as the bank was unable to comply with the guidelines of Securities Registration and Issue Regulation, 2073. People were unsure whether the bank would be able to issue FPO or not. However, the commercial bank is now issuing FPO after gaining approval from all the regulatory bodies.

Issue Synopsis:
Company Name                       : Nepal Bank Ltd (NBL)

No of Shares Issued               : 1,76,84,858 units

Amount to be Collected        : Rs 4,95,17,60,240

Issue Manager                          : Siddhartha Capital Ltd

The interested applicants can make their applications through any of the financial institutions providing C-ASBA facility. The application can made for minimum of 50 unit shares and a maximum of all up to 1,76,84,858 unit shares.

After the new decision being made by the Securities Board of Nepal (SEBON), the institutional applicants can thus apply for the FPO share from the first day as well. The issue is now open, starting from Friday yesterday June 29th 2018 (Ashadh 15, 2075) initially for about a week lasting till this Thursday July 5th 2018 (Ashadh 19, 2075).

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Company Analysis of Banks, Finances, Insurances, Microfinances !

ANALYSIS:

Check the LINK below for details on Analysis of Companies Listed in NEPSE:

(नेप्सेमा सूचिकृत २८ वटै बाणिज्य बैंकहरुको वित्तिय विश्लेषण तथ्यांकको लागि निम्न लिंक्समा क्लिक गर्नुस् !)

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Gateway to All Commercial Banks of Nepal !

COMMERCIAL BANKS

Check the LINK below to navigate to ALL 28 COMMERCIAL BANKS OF NEPAL for their direct web pages for details of information on financial analysis, statements, structure, notice, announcements, right shares, etc...

Check here for each BANKS »

Rising Interest Expense Slows Down BFIs Net Profit Growth? See Which Commercial Bank Was Least Affected !

COMMERCIAL BANKS

Analyzing the third quarter (Q3) report, we came to know the industrial growth of listed commercial banks have slowed down to 12% this year. The same was above 20% in the previous years. The logic for this is simple, the growth rate of expenses has exceeded the growth rate of income and as a result the net profit growth has decreased its pace.

Reviewing the expense side of profit and loss in commercial bank’s balance sheet, one can easily notice the tremendous growth of interest expense. The unhealthy competition between banks and financial institutions (BFIs) to attract the deposits has resulted in an enormous increase of interest expense. The average interest expense growth of commercial bank stood astounding 95% in last one year.

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How Much Worth Now of Rs 1 Lakh Investment in NTC, NABIL & CHCL Stocks 5 Years Ago !

INVEST

“The stock market is designed to transfer money from the active to the patient”

– Warren Buffett.

It is no secret that Warren Buffett, the self-made billionaire investor, has always valued investing over the long-term. His slow and steady approach has proved to be successful in building wealth—making him one of the richest people in the world with net worth of almost $85 billion (Rs 88 kharba). One of the most popular mantras of Buffet is giving more importance to long-term investment on growing companies, rather than trading and short-term investments. So what can we learn from the man whose personal net worth is 6 times more than NEPSE’s entire market capitalization of Rs 14.30 kharba?

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Top Blue Chip Commercial Banks - Best Buy by Rating Wise Analysis !

BLUE CHIP BANKS

Nepal Stock Exchange (NEPSE) has been continuously tanking points for quite some time. In such bearish trend, there are some analyst asserting it to be the prime time to invest in the secondary market, while some feel their cash safe at bank. Whatever the speculation, there are still some scrips who are in better position than the other.

Out of 28 listed commercial banks, scripts of 26 banks are tradable. The shares of Rastriya Banijya Bank (RBB) isn’t traded and the shares of Mega Bank is on hold since last one year because of the ongoing merger. Similarly even among the 26, only 6 banks’ prices are above Rs. 500. To list them down in descending order of market price per share (LTP on Chaitra 8, 2074) are Nabil Bank Limited (NABIL), Standard Chartered Bank Limited (SCB), Everest Bank Limited (EBL), Nepal Investment Bank Limited (NIB), Himalayan Bank Limited (HBL) and Nepal SBI Bank Limited (SBI).

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Commercial Banks Prospective Earning per Share (EPS) After Paid Up Capitalization !

COMMERCIAL BANKS

The current banking industry’s scenario is no different from a battlefield. While one side of the warriors is focused to retain their weapons (customers), the other side is trying to build a competitive advantage utilizing the opponent’s weakness (lower deposit rate). The general public has seen the current context of banking industry as a fight for survival. However, seeing things from different perspective, it actually resembles that all commercial banks will finally come to the same level given the similar range of paid up capital. The dominant market players in banking industry will be identified in the near future on the basis of net profit, deposit collection and loan portfolio.

The investors in secondary market are inquisitive on “which commercial banks will lead in the secondary market?” The precise answer to the stated question might not be pictured by all the investors instantly because nine of the commercial banks are yet to meet the paid up capital requirement. However, these nine commercial banks have already provided clues regarding their capital plan. Those banks that were sort of paid up capital have either used merger and acquisition approach or have utilized reserve fund to meet the paid up capital requirement. With the approaching deadline, banks are left with the alternatives of bonus share and right share to set the mark of Rs 8 arba in the first row of their balance sheets.

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