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If you want to buy it for book close for long term, then it make sense to buy it now.

Is it still worth to buy SHINE to hold for longer term or should i buy it after book closure

Was there insider trading of this company?

Price increased a few days before the news came to surface.

Those who purchased at higher rate, than earlier days, should be investigated.


विश्लेषक नीरब पुडासैनी भन्छन्– नियामक कमजोर भयो, रोक्न वाहिरजस्तै विगुल फुक्ने कानुन आवश्यक - See more at:
http://www.bizmandu.com/content/-6880.html#.U2T-f4GSyJk

There is no way I am going to tolerate insider trading. I am not here on charity.

I agree with this post.

http://www.nepalsharemarket.com/JambForum/Default.aspx?postid=78996#78996

(Copy Pasted!)

Reasons to grab SHINE:

1. One of the best development banks. It is one of the few development banks with huge capital and still having impressive EPS which implies significantly lower risks compared to other development banks (with low paid up capital). To put things in perspective, MNBBL with comparable capital & performance to SHINE is trading at 520-550.

(ICRA rating of 3 which is the same as SKBBL, SHPC, AHPC & RIDHI and better than TBBL, Metro & Century)
http://www.icranepal.com/RecentReleases/Rationale_SRDBL_Final.pdf

2. Current EPS of 36 and PE ration of around 13.
http://sharesansar.com/sadmin/uploadnews/c3b29svysd19ic5ouns.jpg

3. 50% rights shares on the pipeline. Book close on May 11th.
http://sharesansar.com/sadmin/uploadnews/4xfkxi0662fog1bgbhw.jpg

4. Good dividend history. Last year 20% bonus. This year as well, we can expect bonus.

5. Huge growth in core business. Q3-Q3 net profit growth of 80%+
http://sharesansar.com/sadmin/uploadnews/c3b29svysd19ic5ouns.jpg

Happy Investing!