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Amit Grg, True.

With due respect;
Trader-Value ji - SCB will give around 15-20%bonus share at maximum with 35-40% cash and NICA will give 10%-15% bonus share at maximum if any with around 10%-15% cash dividend. This is totally on the basis of Capital/RWA ratio of these banks.

Playerji - if some one is looking company suitable for a long term investment, I think SCB ,which is highly valued at PE=41, would be suitable in the range of 1500-2000 rate which is not possible in near future. Such investors can opt for banks like NBB whose PE ratio is just 19.5 which shows it is correctly valued even in this bull market. It has also shown robust growth in terms of business, management and reserve. It is also a joint venture. And mark my words, it will not go in merger with any other institutions in the near future so around 15-20% is guranteed bonus share each year.

Look at the past 20 years history of returns on investment and excellent service management record of scb. If for a year or two then scb may be comparatively not that good but if someone looking for stable and no risk investment then scb is the best best and the best in my opinion

ebl 30% bonus share this year

Believe or not.
SCB =35 % bonus share
NICA=30% bonus share.

I don't mean others not good.

Things Amit grg. Its eye opening.

Please compare the following statistics of top 3 private banks first.

Company Paidup Reserve Profit Capital/RWA EPS PEratio /at Rs NetWrth npl
SCB 204.17 393.46 137.75 14.3 67.67 40 /at RS 2700 292.71 0.48
Nabil 304.72 599.54 227 13.23 84.11 30.2/at RS 2550 295 2.23
EBL 192.12 444.79 155 12.89 86.04 31/at RS 2700 346 0.62

EBL is most favourable bcoz:-
1. Less than 2 Arab capital.
2. Least Capital/ Rwa ratio thus more possibility of bonus shares
3. Huge reserve nearly 2.3 times the paid up capital
4. Highest networth among all commercial banks.
5. Highest EPS among all commercial banks.
6. NPL is marginal.

So, EBL at first, Nabil at second and SCB at third.

Note that least bonus share will be provided by SCB based on Capital/ Rwa ratio. Also it is already highly valued (you may call it overvalued)with PE ratio 41 at 2700. So least margin of capital gain if market becomes selective (may lead to highest loss in case of decreasing trend in market)

i am also little bit cautious...is this the right time to buy SCB??? As the market is in correction phase so it is obvious that the price of SCB is going down. But as the market is green yesterday i think the price of SCB will increase as it had already reached 3000.

Hunchha, but Nabil, Everest faidakari hola hajur.

Does this right time to purchased share of Standard Chartered Bank ???