I have around 50K and willing to invest in one particular company.. Just looking at it I’m thinking of buying NTC or NLIC. If there are better option will be helpful. Thanks in advance
View on r/NepalStock by neeschal00
What is your investment time horizon like?
in my opinion, manufacturing companies and hydros are likely to report negative growth or decreasing net profit as interest rate has gone up by more than 50% compared to last year, i would say 100% for some.
Banks NPL has also increased. If in banks, i would choose one with small branch network. since USD is going up SCB, NSBI might be a good choice. I was in a class few years back and one of the speaker said when USD goes up, profit of banks like SCB goes up.
PE of banks sits at 9-12. i think you should consider the stocks with low PE.
NTC is a good option considering it is generally not effected by market condition
Between your options, I will go with NTC.
Fowad, National mf, Ebl, NICA, sdlbsl, albsl, mlbsl
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