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looking back, it was a hilarious read. ngbbl fpo expected price over Rs 3000, came at Rs. 100.

how is?

finally

http://www.nepalsharemarket.com/JambForum/default.aspx?postid=151362#151362

http://www.nepalsharemarket.com/JambForum/default.aspx?postid=154149#154149

above forum:

-i have been following NGBBL in other forum too.
-i was made to believe just previous comment that NGBBL is showing 40C extra loss. Not He is saying, 40C NPL (negative loss) but reserve is 1 crore positive.

Many of us know, NGBBL has/had a huge NPL after merger, and we also knew NGBBL turned massive negative reserve into close to positive from profit, not right back.
So it is able to right back all its NPL, it will always going to be there.
I was mislead by the latest comment, I was worried that NGBBL will be showing massive negative reserve.

Pioneer Today Leader Tomorrow - Nepal Gramin Bank






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http://www.nepalsharemarket.com/JambForum/Default.aspx?postid=148649#148649

What is Further Public Issue and how to determine the FPO PRICE as Per Securities Law?
http://www.sharesansar.com/what-is-further-public-issue-and-how-to-determine-the-fpo-price-as-per-securities-law/

-two year in last 5 year should be in profit.
Paschimanchal grameen was in profit for 3, last two year profit but reserve negative but this year reserve could be positive.

-price should be justifiable.
-great news for NGBBL.

CEO said 40C operating profit, around 25C Net profit. Reserve around +2.5C, EPS- around 45 This year.

Yes, Ganapati ji.

Business wise, since it is promoted by govt. as well as bankers, it gets cheaper and unlimited loan so has a potential to become highest profit earning, EPS wise too.

And from investors point of view, we can easy double or even more, our investment with in a year along with good Dev bank.

I think all the over valued companies are being bought by big investors, so we are safe.

agreed. ngbbl would be the top earning micro finance within a year.

FPO Nepal Grameen @ 2000.

Either Nepal Grameen share holder are going to be really rich or those who purchased NLIC during last few days will loose crores.

If NLIC can sell FPO at under 3000 then NGBBL will sell FPO @ 2000.

Same may say, how is it possible, its price is just 800.

When NGBBL announces FPO its price will be 2000-2500 then when they tell that its FPO will be @ 2000 then its price will reach 4000.

Either there will be two huge winners or one losers (current NLIC buyer) and one big winners (NGBBL owners) since price will be 2000 to 2500.



I believe more than a couple of dozens companies's promoters listed are secondary players, they are making decision impacting share price rather than business decision.

There should be "INSIDER TRADING INVESTIGATING DESK' in SEBON where we could complain just like CIB, CIAA.

feri suru bho NGBBL ko negativity from some who wants to buy cheap.

My prediction/guess,

Within one year its price will be 2000.
1500 on its own and another 500 due to FPO.
So, instead of increasing price slowly, why is it stuck. Is it planning to go up to 1700 from 830 in 10th month and then 2000 in the 12th month.

Change in condition- in case there is bad news/BS then I could be wrong and price wont the that high, if bad news is small then price will be slightly less.

But- if NGBBL is able to increase its EPS much higher around 50EPS then price could go up a lot.

So dont sell your NGBBL in current joke price.

Chaina ni. Tyo forum ma register nai garna sakena. Jahile error dekhauncha. Ma uta ko chai silent observer ho.

गुन्द्रुक जि लाई चाहिँ चिन्न सकिन है!
Curious to khow..!

Bigul ji, tapai lai balla chiney uta Jambforum ko bata.

Although everything seems awesome like growth......
1) reserve provision is increased by 28 karod which is second after CBBL by 32 karod.
2) Borrowing has third position after skbbl 874 karod,nubl 553 karod and ngbbl has 421 karod.
3) Net interest income has second position ie (58-89) karod,cbbl has 125 karod,it has overtake the position of swbbl(71-86) .
4) Total operating Income has first position ie (64-95) karod,nubl has second (65-89) and cbbl has third position (58-85)

But
1) its net profit position is fifth ie (11.61-15.99),skbbl (11-16), swbbl (17-19),nubl has (19-25) and cbbl has (19-33)
2) Its npl position is first (7.23-5.99),
3) Negative networth
4) Heighest expenses provision

First question:
Why this??? Because of lake of corporate culture??? Or effect of merge?

Second question:
Where 10 karod government grant is shown??Or still not getting??

Am I blind to see its future??? Or its infact growing,improving?

First of all I fully agree with Risingji. Investors don't need to be panicked with the NGBBL third quarter report because it was expected and it is still unaudited, so could be corrected . Growth is very very exciting, growth is based on income not in write back . If write back is happened that will be added to profit . The most important thing is MERO LAGANI is run by a criminal investors' group, they are related with 58 number broker. That broker had purchased in huge number and sold out few days ago when merolagani.com floated the news about NGBBL planning to issue FPO. So be safe with this types of news portals and hold the NGBBL scrip. it may settle around 800 this month. From next month it will go up.

There is no doubt, that all investors have able to made ample of market related online portal and that crooked for their own side. And i am not much serious about www.merlagani.com; that i am using to find often bias news on some particular field as if some ambitious investors are trying to flow the news as per their will.
Whatever, but from top to bottom, we are in NGBBL issue, and i don't think that the price would go below than existing of it. As the script of all the counterpart Micro Finance Company are already in range of average of 1400+, and only it remains to go up.
The reason are:
- Promoted by: NRB, Commercial Banks, Govt. & Public, altogether 85% from promoters incl. public.
- Largest Branch Network, and coverage.
- As only few branches are in loss, possibility of having all branch in +ve figure within this 4th Quarter 2073.
- To make share ratio general, provision of 15% FPO are started rumoring.
- Sound growth from 2nd Quarter to 3rd Quarter 2073
- Reserve could be assumed to be filled up positive within this Ashad 2073.
- Largest Paid Up of 557.5 Million for business expansion.
- Managed by well professionals lead by Paschimanchal Grameen Bikas Bank and Team.

If there is another points, keep updating. And lets wait till Sunday noon, where the market drives the fate of this script.

Bigul ji,

1: internal Chief accountant probably regarding unaudited. Audited NRB.

2: I dont know about BS , but when 5 grameens were going for merger, one of the conditions was down sizing. Probably, yes they are reducing staff.

Other than the reserve, everything else is great- growth, size of the lending, capital, cost of fund, interest income.

Could be top 5 micro? put price is too low compared to others due to negative reserve and there are others which has negative reserve and price high.

Even eps is around double or more compared to another popular micro like rmdc, first micro.

But due to negative, investors are nervous.

Prabhu bank's price was high from the beginning hoping it will improve, most of the eps of prabhu is from right back. while grameen's eps is income and eps close to 40 and rising.

So, dont say, grameen will improve, its already improving with real income not right back.

This year, may not be bonus cause it needs to keep it in the reserve to increase book value for FPO. Next year sure and huge. Since its target is one billion, so with fpo and income, we can expect more than 50% bonus.

And its business is growing rapidly so it may have to increase capital after 1 billion, very soon.

800, may be wont come this low.

IF you have grammen, hold it, if you want to buy, wait for price to stabilize then buy.

You got the mail Bigul ji?

I have just two questions :

1) The company has amended its reserve amounts which will mislead some panic investors,traders which might create buying opportunities on Sunday,who prepares,supervise and approves before publishing in media??CA of or other??

2) The company has shown huge provision in employees expenses and other expenses ie nearly 19 karod.Is it due to company is reducing sharply the number of employees ????? If true isn't it good for the company??? Or other??

Many ngbbl holder looks panic but Im much lured by its fundamental and growth.It looks on out top six micro finanance.
I just imagine that if the company stops the rise of employees and other expenses how will be the profit rised??? Within this fiscal year end it will be able to provide bonus sharea!

I see both cases are best opportunities , I will collect money to buy at least 1000 Kitta if I get around 800,could it be possible!
Plz suggest ,and make me clear!

Lostthinking Ji, I then the latest from merolagani has another criminal motive for not mentioning fact (If the fact, the fact is true, the fact other forum members are staying- about 10 crore from Nepal Govt).

In other forum, some members are saying, govt gave 10 corore to GRAMEEN which grameen used and reduced 10 crore bad debt and they also said, that 10 crore cant be used to reduce bad debt.

If that fact is true, mero lagani is suppose to mention it, or they are ignorant, just opened media with daddy's money. Investors are suppose to know about the ten crore.

And, what I dont understand is, govt, gave them 10 crore of may be 25 crore, to replace their bad debt , then why can they use it to reduce bad debt???????

When govt, NRB forced paschimanchal gramee to merge with other 4 bad gramee, one of the condition was to get money from Govt, I could be wrong, as far as i remember its 25 crore, till date just 10 came to fulfill the investment/ bad debt, other 4 gramee lost while lending.

So why cant it be used to reduce bad debt????????

And will will NEPAL GRAMEEN receive rest of the money, GOVT promised???


All media are crook(some little, some more), but this merolagani is the lowest of the low.

Please go through this link:
I had also confused regarding the changes in reserve in 2nd Quarter in comparison to the published one in 2nd Column during publishing of 3rd Quarter.
http://merolagani.com/NewsDetail.aspx?newsID=27372

Find out which companies is Overvalued and Undervalued as per Price to Earnings ratio (Exclusive Study)
http://www.sharesansar.com/find-out-which-companies-is-overvalued-and-undervalued-as-per-price-to-earnings-ratio-exclusive-study/

-Grameen missing- its PE ratio is around 23, lowest. around that ratio of other micro are either their price still has not been fixed or has not added bonus or right share.

-Cause of PE ratio, I have been saying, dev bank is the cheapest and has the most potential to increase.

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IF some body ask me, where do I put my money to make possible 50% gain in one year?
- my answer would be low and mid cap bank, micro, general insurance.


If somebody ask me, where do I put my money to make possible 100% gain in one year?
- my answer, good dev banks and NEPAL GRAMEEN.

Lostthinking Ji, Future is great with NEPAL GRAMEEN, great profit, great growth, very low cost of fund and interest is not big too. and invested around 8 billion.

SO if they make 10 rs per 100 rs, potential of growth is huge and now their total value is over 9 billion.

IF you have it, hold, if you are planning to buy then, let the price settle first.

IF some body ask me, where do I put my money to make possible 50% gain in one year?
- my answer would be low and mid cap bank, micro, general insurance.

If somebody ask me, where do I put my money to make possible 100% gain in one year?
- my answer, good dev banks and NEpal grameen.



IF you have it, hold, if you are planning to buy then, let the price settle first.

Slightly the reserves are fulfilling, so we can expect positive reserve within this Ashad 2073. As per info. it had said to have 260 million as profit, but now it cleared as Total Operating Income, and the management has targeted to reach around 400 million. That would be of Total Operating Profit, and if the company grow achieving the projection, EPS could be stand in around 30-45, which could lead on stand to have FPO soon to bloom the price as same as other ordinary Micro finances.

The truth is, its harder to hold it despite of short period of 3/4 months to price go above 1200.

Suresh007 ji, EPS is huge, growth is great so future is great too but in short term how would market react is a different question.

IF you have it, hold, if you are planning to buy then, let the price settle first.

IF some body ask me, where do I put my money to make possible 50% gain in one year?
- my answer would be low and mid cap bank, micro, general insurance.

If somebody ask me, where do I put my money to make possible 100% gain in one year?
- my answer, good dev banks and NEpal grameen.

SHORT TERM REACTION is wait and see.