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thank you bazarguruji and prashji .

Wait for a while, adit raj ji. Don't enter the market in a hurry. Bear trap ma parnu bhyao bhane nikai lamo time wait garnu parxa.

I suggest if you really want to go long term buy bank shares after 8 arab. EBL, NABILP cheap hunxa.

Focus on undervalued shares right now.

Happy investment, Halla ki paxi nalagnu hola.

Adit Raj ji paunu hunchha. EBL ko 33.33%, Sanima ko 30%, ra KBL ko 50% right aaudai chha. Kumari ko bonus pani aauna banki chha.

There should be a hefty fine involved not just 3 days' ban.

एकाघरको कारोबार गराएपछि २६ नम्बर ब्रोकरलाई बाेर्डले गर्यो कारवाही, तीन दिनको कारोबार रोक्का

market big shot haru ko control ma cha bhanne kuro 2 3 days ko trading le dekhayo......bhanni hamlai lairacha

dear frens ahile EBL SANIMA, KBL kinnele tesko right share ma apply garn painx ho? yini harule kati right didaixan plz jankari pau na kasailai thaha xa vane thank you.

Let me breakdown and answer your questions.

Insight on ADBL, BOKL, PRVU?
ADBL is a long term holding company cause it has one of the best reserves in the banking sectors and will provide 20-30% cash dividend.
PRVU wow this share is risky potential of high growth once and the fall like all shares. They are settling their losses and Grand loans. Peak ma puge paxi bechnu hola and profit book garnu hola.
BOKL should have been in the top 5 banks by now but unfortunaely due to some of its provisions it had some setbacks. However this is a long term holding company. I still consider this a GEM. But i don't hold it

Is there bull in commercial bank and can we expect in next 7-8 yrs?
Yes hajur commercial banks ma definitely bull aayekai ho ni. EBL 4000, SCB 3800, NABIl 2600, SBL 1400, NBB 1200 so etro high paid up bhayera pani yo rate pugnu is excellent. SCB 9000, NABIL 6000 yo ta pugdeina cause there are too much supply also. Next 7-8 years ma pani banks stable nei hola ki. EPS badaude lagnu parxa. So only then the rates will be stable.

Bull in Insurance and Microfinance?
Some insurance companies ko price thikai xa. But some are too over valued. Same with microfinance, some are justified yet some are over valued. I think some MF are still undervalued.

Nepse in 4-5 years?
We don't need another bull yet, right now we need stability. Once there is stability only then we can look for a brighter future. Nepse will break all limits but it will take time. First of all banks must improve their EPS and only then we can expect growth.

Impact of online and other in Nepse?
firstly online aauna sath growth hudaina. Nepse 100-200 le badla but gaun gaun, city-city bata paisa aaudaina. firstly butwal, bhairawa ka nepse ma active hune haru etai chan. Yaa but after they can go to respective cities, amount will definately increase.

Dividend and future price prospect of companies?
Expect cash for now. But i am very happy with the progress with nepse.

Long term lai gold nei ho

Happy investment.

Thanks Bazarguru Ji for your thoughts. could you share your insights on ADBL, BOKL and Pravu Bank? I believe ki till now there was not any big bull in commercial banks since last 7-8 years. so i don't think price will crash like of 292 NEPSE. but we saw big bull in Insurance and Micro finance this year. is this mean that under all favorable conditions and provided business growth are acceptable commercial banks are likely to hit the bull in near future ? i have been holding stocks since 8 years and couldn't capitalize in recent peak and i fear i will have to hold for another 8-10 year, and i guess their are a lot of small investor in this situation right now. But at this moment i wont sell my stocks unless that is the only option left for cash flow (i heard about stop loss strategy during this recent fall ). i don't mean i want to sell off my all the stocks but at least after this long suffering i feel i need back my investment. Where do you see NEPSE in coming 5 years ? pheri yeah online system aaune , aaru positive changes haru hune kura cha ani yadi yo sabai vayo rey for a while and NEPSE 3000-4000 nai pugyo rey..but what if business growth is just minimal , what if dividend yield are low yo case ma tyo badeko price le does it makes any sense, isn't this more risky for other investors, or we will reach the maturity point at that moment is the history of NEPSE ?

And Happy New Year 2017 for you and all other Investor!
Happy Investment

SNEAL ji, As per the history of NIB and as of right now, NIB is one of the pillars of the Nepalese Economy. One of the big 4 banks of Nepal. 'Too big to fail' type of bank ho yo like in india there is HDFC, PNB, SBI and Bank of Baroda. Which provides billions in tax to the government. It has over a billion dollars worth of deposits and is still growing. Deprived sector lending as well as many loans are good. over 10 billion rupeese+ reserve and after merger with ACE will have 10 billion+ paid up capital. About 3 billion profit is expected this year.

I never said NIB was a bad bank. Kehi kamjori haru chan, yo har ek company ma hunxa. But they play to their strengths very very well.

Now coming to the stock market: Reasonable rate, Entry in capital market, great dividend history and is one of the sort out blue chip company right now.

Yo sabai kura tha vaaye paxi aafai bichar garnus NIB safe ho ki hoina. If i was to take decisions based on these fundamental analysis, then I won't sell it for years.

Happy Investment.

Bazzarguru ji, NIB dherai kitta hold garna risky cha ho ? but then dividend history is quite satisfying. Price tah yesko badcha jasto lagdaina thei pani dividend khadai basna lai kattiko thik hola ?

Wow udayman ji, Thank you for this fantastic question. I really encourage our forum members to discuss questions like this.

Let me get this straight Nepal Investment Bank along with Nabil Bank is one of the top bank in Nepal.

The main purpose of the bank is to get the deposits at an interest, and provide them as loan. The quality of loan is VERY IMPORTANT. But if you have people in the top level management, friends in the loan department and core group, then valuation of the collateral can be manipulated, loan amounts can be increased and this is how an embezzlement begins.

NB Bank in the past, Grand, General Finance, Kist, Civil, Mega and many other examples are out there. These happen even in big banks like Nabil, Investment and SCB.

It was Chirayu hospital, Agni air and Sudhir Basnet that collapsed Grand Hosp. Had these happened in NIB or Nabil, they could have survived; but Grand just couldn't.

CTC mall is one of the main reason why Civil's balance sheet is the way it is. Billions in bad loan.

Yo sabai samudhra bata thopa nikaleko jasto ho. But these violate Rastra bank's condition of taking loans from the same organization by the promoters and management. NB GROUP LE TARSAYE PAXI YO NIYAM AAYEKO HO.
So, they take in the name of their relatives.


I will justify my statement as it is an aristocratic bank because the BOD as well as the top level management is under the full control of the Pandes. According to staff as well as from contacts that I have contact within NIB( friends and family) promotions, transfers and recruitment are all based on favours of the core group loyal to the Pandes.


1. Jyoti Pande almost went to sunrise bank along with the core team but was stopped by pande and given the CEO.

2. Lunch, Breakfast( from Annapurna hotel), using bank funds for top level management families like fuel and drivers, branch openings all funds are many examples that have surfaced also in the media. Buying land from depositors money by taking loans at a small rate of interest is just not ethical practice from the top management from professional bankers.

3. Ayshyaus, Gaishyaus, Darshan, Hajur are very common languages in the top level of NIB in durbarmarg.

Guru Neupane ko ta kurai nagarau. Ek number ko chor ho. Right share 60% to 200% and 10% cash. What is this nonsense??

Unfortunately bhukampa gaye paxi matra tha hunxa bhanejhai, bank dubne situation samma naaaunjel they try to recover but just couldn't.

Happy investment.

Dear bajarguri ji,

could you please help me to understand this more

"....aristocratic bank managed by Prithivi Pande, Jyoti Pandey and the rest of their family. Too much manipulation and use of the funds by the family...."

in many companies, promoters are closed family circles eg ridi hydro, arun valley.

My question is : how can promoters manipulate assets or misuse funds ? How can we detect if they are doing anything wrong or trying to do some foul play or are misusing company resources ? Unfortunately in nepal, board of directors and management are also not mandated to inform beforehand if they are planning to buy or sell company shares.

In the past, there was this big scam from nb group where they misused loan etc from nbb. But before it is out in public, how can we protect ourselves and be more alert.

Thanks a lot. You have been great source of inspiration for small investors like us.

Dear Bazarguruji, Thank you so much . It helped me a lot. many thanks

hope this link hepls.

https://acharyanalysis.wordpress.com/2015/09/20/promoter-share-hassles-in-nepal/


experience: i held huge amt of nabil shares and sold them in the last bull. now i have nabilp; its the same company and same returns and when i purchased lower than Rs 700 than nabil. after my nabilp qutoa is fulfilled i will add some other shares for now purchased has halted due to lack of funds

happy investment

Dear Bazar guruji, plz tell me the difference btwn NABILP and NABIL or I mean promotor share ra ordinary share ma k farak hunx hamile kinda ?

Welcome to the forum udayaman ji,

Tapai le mention garnu bhayeko companies are all great companies for long term investment.

NIB is a bit undervalued and always will be. The only reason why NIB won't get an investor's charm like Nabil is because NIB is like an aristocratic bank managed by Prithivi Pande, Jyoti Pandey and the rest of their family. Too much manipulation and use of the funds by the family. NIB's core team his very efficient and is the top bank which banks in billions in profit and reserve. 25-30% cash dividend is expected so it is a safe buy.

Once the paid up hits 8 billion I also recommend you to watch shares of NBL and ADBL. These banks are government held banks with billions of properties and can easily provide cash worth 30+ per share.

Now lets come to Nabil. All banks have various politics, corporate lobbying and board and management lobbying. This bank is in total control of Mr. Binod Chaudhary and is his crowning jewel. Mr Chaudhary is very quite about his involvement in the bank. The team of this bank is just too efficient. Staff are paid huge and this bank has the highest foreign currency even more than SCB. So this is a great investment.Its a blue chip gem. NHPC ko 50 crore+ provision garda pani its profit was very high once. I suggest NABILP then NABIL.

SBL's management team is all ex nabil team and is doing great along with SANIMA bank.

Prime is also growing huge. A newar managed bank with a lot of safe loans and gold loans also.

Nepse is directed by the investor psychology. Right now people don't want to invest as thy feel that their money will be devaluated.

Ali long term plan garnu hola. Profit too high hunxa.

Happy investment.

thanks to you guys for wonderful discussion and insights...some fresh air from facebook spam...

what i can never understand is people were willing to pay 200-300plus or more for same script just few months ago and now its cheap, eveyone is selling...there are very good companies trading at very low earning multiples and people are just ignoring them...sure in bear market, you have to hold and this is right time to buy.

i think nib is best compared to sanima, pcbl, citizen. why ? because nib has already paid up of 8 arab...who knows nrb might make paid up requirement of 16 arab in few years....also nib management is best compared to others...you should look into other fundamentals then just price... nabil, scb, ebl are good companies but they are too expensive...sbl is also another good one...i might also be over positive in nib, sbl ..thats why this forum is better than facebook, here we can discuss plus minus of script and make better decision

for me, bonus shares and right shares are not big charm since it is just accounting trick...i will buy companies that are doing good business... sure sound business will give better bonus but if it doesnt give bonus, it will stay in reserves, by giving bonus - price decreases, eps decreases and it is same thing after price adjustment, it is just pyschological good feeling...

what i learned is you have to continue buying good undervalued companies and keep selling overvalued companies after good returns and not be greedy...since no one knows what is the lowest and highest point ever...

just my 2 cents...

I am fully with you Bazarguru Ji,



I could not take benefit from bull, now, dont want to miss bear.

Thank you very much for your insight rising sun ji,

This is the forum where we share our ideas. You too have helped me with your posts by recommending investors MNBBL.

We both know from experience that every bull and bear are nothing more than opportunities for long term investors.

Hope we can help each other along with anyone who actively participates in this forum. This forum is far better for providing insights than facebook forums which is nothing more than advertisement of personal shares of panicked investors.

Thanks Bazarguru ji,

more than 95% of my investment is for long term, more me, loosing 10% value is lesser heartbreaking than having to buy back by paying 5% higher.

I always expect minor crash, If I had known, it would crash this much, I would have sold all, I was expecting 10-15% crash and did not know the high point.

From past experience and last few weeks gain, if there is some big good news, price would increase at least 20% before we can get any share. So I do not want t sell shares and take that risk.

I have been buying when I have money.

I am collecting share as much as possible, I am expecting huge rise in NEPSE from Chaitra or NRN's entry, which ever comes first.

Like you said, NEPSE could decrease (but dont know how much) and could increase any day too.

LIke, Sanima, pcbl, citizen- even if they give just 10%, their price is too low. Even if their price were 700, even that price is buying price for me. But there price is 500, its too low than low price.

Even after reaching capital requirement, they will be able to give more than 15%.

Other problem of mine is, most of the shares are in collateral, so if i sell them, to buy back all I sold, I will need at least 1 month.

I already lost around 35% value, 5/10% more wont be that big.

In China, they jailed those who tried to destroy their share market, in Nepal, those who are suppose to protect the market- sebon, nrb, nepse, finance ministry all are the enemy of share market and the country.

Just one big good decision and price will rise 20% with in 3 day with our much trading.

SO selling is risky, Good luck to you.

I am trying to play with 5% though. I read you past posting, I am trying to follow your strategy with that 5%.

Many thanks for your suggestion, and strategy.

Rising sun ji,
Namaste. Mero shabda ali kada hola hajur but bare with me. This time market will fall for sometime and we will have to hold our shares for sometime to get a good profit and this is a good thing.

The market has shown some level of consistency this is a great sign. It is better to hover around the 1400 mark rather than a rise of 100+ points at this current point in time.

If the market will rise to 100-150 points; this will create an even deeper selling pressure as many investors know that once the capital plan is met only a few banks can give 20%+ return. Unfortunately even SCB cannot do this.

New investors are getting disappointed and losing confidence everyday. Another mini bull and they will sell their shares along with mutual funds at the peak. This will create another spiral reaction that will take nepse below 1000. Big players and mutual funds will buy and hold for 2-3 years.

The best strategy to do now is to eliminate bad companies from portfolio. We all know in nepse which they are. Add shares of good companies just 10 units a day is enough for now.

Happy investment

I have already change my bad stocks.

Now I am bored and waiting for right and bonus to be added in my account.

Then excitement will return.

If you are a new investor who hasn't invested a single penny then wait a few more days.

If you have already brought shares than carefully analyze your portfolio and try to eliminate bad stocks by replacing them with good stocks. Don't get greedy expecting bad stocks will grow. They will only give stress and no hope.

Halla ko paxi lagera invest nagarnu hola. Look at the NAV of NMBSF1 for mangsir 073 and analyze, mutual fund too has sold lots of shares. NMBHF1 has added nabilp, nibpo and NTC cause these are the best companies @ the right price that provide a good return.

Do your research well use stock averaging method and don't expect return immediately. I waited 1 year for my first 20000 profit and it was 33% P.A. which was fantastic.

Happy Investment

trying to enter in the market but can't? k garda right hunx hola ajhai ghatne ho ki? NIL 1800 k garda thik hola? EBL ko ahile price thik ho ki hain frens? waiting fr gud suggestions... Thank you...

hamra investor sathi haru dubyo bhanera facebook ko forum bhai dhukha pokheka dherai udharan haru chan.

I understand that and know that many small investors have suffered heavily due to the fall of the capital market. I too have personally lost lakhs in devaluation of my wealth.

Chitta nabujne kura feri dekhidaixa nepse ma. NTC ko joint collaboration ko halla chalayera bazar feri mathi puryaune khel hudai cha.
SHPC ko national grid ma jodiyeko halla le 660 ko share 1200 puryayiyo.
CHCL ko sister company ko halla le 1200 ko share lai 2800 tira puryayiyo.
Foreign collabration ko halla le with Baker Tilly ko halla le ADBL ko share 800+ puryaiyo.
EBL, SCB, NMB, SICL, API, ajja aru kati example haru dium jos mahami aafno paisa dubayeka xaum.
There are many more other examples of pump and dump strategies used by investors.

and fasne and dubne feri hami murkha sano lagani karta hun. Bazar ghataune feri aatiyera bechne pani hami sana laganikarta nei haum.

I'm not saying NTC is a bad comapny in anyways. it's an A1 gem with guaranteed returns of 8-9% per annum. But esto halla aauna saath daudera research nagari kana share kinne ani dubyo bhanera rune pwawidi le nei hamro capital market grow huna nasakeko ho.

Research garnus company kasto ho before investment.

Ek din hariyo hudai ma nepse U-turn liyeko hoina sathi ho. U-turm huncha obviously hunxa tara tyesko lagi new investors haru badnu parxa.

Jun investors haru nepse lai 800-1800 puryaye dherai fase and batha bahi sake. Wealth is neeed to take nepse to 2600+ level; billions of rupeese and more new investors.

Eso Bichar Rakheko comment garnu hola.

Happy Investment