Author: Earnmoney.com.np

  • Sipla Securities Limited Faces 3-Day Trading Suspension on NEPSE for Settlement Non-Compliance

    Sipla Securities Limited Faces 3-Day Trading Suspension on NEPSE for Settlement Non-Compliance


    Sipla Securities Limited, identified as Broker Number 20, is facing a suspension from trading activities on the Nepal Stock Exchange Limited (NEPSE). NEPSE made an official announcement on Monday, declaring the suspension of Sipla Securities for a duration of three working days. The reason cited for this action is the broker’s failure to comply with settlement procedures within the stipulated timeframe.

    The decision to suspend Sipla Securities was prompted by a letter received from CDS and Clearing Limited, bringing attention to the non-compliance issue. NEPSE, in response to this communication, took the regulatory step of temporarily halting trading activities for the specified broker.

    This suspension underscores the importance of adherence to settlement procedures in the stock exchange, and the regulatory authorities are enforcing such measures to maintain the integrity and efficiency of the trading system. The three-day suspension is intended to address the non-compliance issue and ensure that necessary corrective actions are taken by Sipla Securities Limited.

  • ALICO Proposes 5% Cash Dividend for FY 2079/80 Pending Regulatory Approva

    ALICO Proposes 5% Cash Dividend for FY 2079/80 Pending Regulatory Approva


    Sagarmatha Lumbini Insurance Company Limited (SALICO) has put forward a proposal to issue a 5% cash dividend for the fiscal year 2079/80. The decision to distribute this dividend was made during the 18th meeting of the board of directors held on Falgun 14. The proposed cash dividend is based on the existing paid-up capital of SALICO, which stands at Rs. 2.62 Arba.

    It’s important to note that this dividend proposal is contingent upon approval from both the Nepal Insurance Authority and the forthcoming Annual General Meeting (AGM). The regulatory approval and the endorsement from the shareholders at the AGM are necessary steps before the dividend can be officially declared.

    As of the latest available information, SALICO concluded its trading session at Rs. 658.00. This dividend announcement reflects the company’s intention to distribute a portion of its profits to its shareholders, providing them with a return on their investment in the form of cash dividends, pending the required approvals.

  • Turtle Trading: Navigating Stock Markets with Disciplined Buying Strategies

    Turtle Trading: Navigating Stock Markets with Disciplined Buying Strategies


    In the ever-evolving landscape of financial markets, characterized by uncertainty, the significance of a well-defined strategy cannot be overstated. The Turtle Trading method, a time-tested strategy known for its systematic approach to capturing market trends, holds a prominent place in this realm. This article delves into the art of Turtle Trading, specifically focusing on its buying strategy and how traders can employ it to navigate the complexities of the stock market.

    Conceptualized by legendary traders Richard Dennis and William Eckhardt in the 1980s, the Turtle Trading strategy revolves around the core principle of trend following. It operates on the premise that markets exhibit discernible trends over time, and by identifying and riding these trends, traders can secure profitable opportunities.

    The buying strategy within Turtle Trading is grounded in disciplined entry rules, position sizing, and risk management. The cornerstone lies in identifying opportune moments to enter the market using the Donchian Channel (DC) indicator, which defines price ranges over a specified period. Entry signals occur when the price breaks out above the highest high of the past “n” days, indicating a potential uptrend.

    Position sizing in Turtle Trading is dynamic, adjusting based on volatility to reflect the inherent risk of the asset being traded. This ensures trades are proportionate to the trader’s account size and market volatility. Stop-loss orders are strategically placed at a predetermined distance from the entry point, guided by recent market volatility, to mitigate potential losses. A trailing-stop-loss strategy is often recommended to lock in profits as the trade progresses.

    The benefits of the Turtle Buying strategy include its systematic approach, the ability to capture trends, and effective risk control. By adhering to predefined rules, traders can eliminate emotional bias, fostering a disciplined approach to trading and potentially yielding substantial profits.

    However, the strategy is not without limitations. Emotional challenges may arise, especially during drawdowns or extended market consolidation. Adhering to strict entry and exit rules requires patience and psychological resilience. Examples illustrated with the NEPSE Index and DORDI showcase the application of Turtle Trading strategies.

    In conclusion, while Turtle Trading offers a structured approach to capturing market trends, it’s crucial to recognize its limitations as a lagging indicator. The Turtle Buying strategy, with its disciplined practices, serves as a guide for traders navigating the stock market. While success is not guaranteed, the principles of Turtle Trading provide a time-tested framework for aspiring traders.

     

  • Thamel Plaza Hotel & Suites Calls 12th AGM with Agendas Including Auditor Appointment and Share Issuance; Credit Watch by CARE Ratings Nepal Limited

    Thamel Plaza Hotel & Suites Calls 12th AGM with Agendas Including Auditor Appointment and Share Issuance; Credit Watch by CARE Ratings Nepal Limited


    Thamel Plaza Hotel & Suites Limited has announced its 12th Annual General Meeting (AGM) scheduled for 7th Chaitra, 2080, at Thamel Plaza Hotel & Suites in Kathmandu, beginning at 4:00 PM. The proposed agenda items encompass the approval of the annual report, endorsement of the auditor’s report for the fiscal year 2079/80, including Profit and Loss statements, financial reports, and cash flow reports. Other topics to be addressed during the AGM include the appointment of auditors and the determination of their remuneration for the upcoming fiscal year 2080/81. Additionally, discussions will take place regarding the issuance of ordinary shares to the general public.

    Meanwhile, CARE Ratings Nepal Limited (CRNL) has placed Thamel Plaza Hotel & Suites Private Limited’s (TPHS) ratings of ‘CARE-NP BB’ for long-term bank facilities and ‘CARE-NP A4’ for short-term bank facilities on ‘credit watch with negative implications’.

    Thamel Plaza Hotel & Suits Limited, incorporated on January 05, 2012, is currently in the process of establishing a high-end hotel property in Thamel, Kathmandu, operating under the well-known brand name ‘Ramada Encore Kathmandu Thamel’. With construction completed, the hotel boasts a total of 90 room keys. TPHS is promoted by 37 shareholders, including two institutional promoters, and has injected a total paid-up equity of Rs. 271 Mn as of July 16, 2019.

  • Does apply for 60 kitta’s has higher chance then 50 kitta in SCL Ipo

    Does apply for 60 kitta’s has higher chance then 50 kitta in SCL Ipo


    Sarbottam cement ma 60 kitta varda dherai chance huncha parney ki 50 ma.. I mean suruma 60 walla lai priority dincha hola kina ki the number of shares issued makes sure that 26 kitta will be left. So randomly alloted garda 60 kitta walla apply garney ni exclude vayo vanme baki rako kitta k garney so dherai apply garda ki dherai kitta natra 50 kitta samma tw pareney alim chance hola ki…

    Can anyone has insights on how the allotment takes place?

    View on r/NepalStock by Sandeep_charmling

  • Daily Discussion Thread (Tuesday – Feb 27, 2024)

    Daily Discussion Thread (Tuesday – Feb 27, 2024)


    Use this post to discuss what to buy/sell/trade/avoid/watch today and in the coming days.

    As always, the rules still apply.

    **Have a TMS or Meroshare issue? Query about EDIS or collateral? Ask here instead of creating another thread. All queries regarding TMS, MeroShare, Broker issues, EDIS, Settlement and Payments should be asked here.** >!DO NOT create another post.!<

    BEGINNER? [**Go here first!**](https://www.reddit.com/r/NepalStock/wiki/beginners-guide)

    DO NOT MAKE SEPARATE **INDIVIDUAL** POSTS ASKING:

    * what to buy or sell,
    * or what bank to buy,
    * or what insurance to buy,
    * yo share kati samma mathi jancha hola
    * IPO ma pareko yo share kun din bechda ramro hola, ajhai 1-2 din parkhine ki nai etc.

    will be deleted. Repeat violators will be banned.

    Happy Investing!

    View on r/NepalStock by AutoModerator

  • Why Sarbottam , or any other wannabe public traded company for that matter, enforce a minimum cap on IPO applications?

    Why Sarbottam , or any other wannabe public traded company for that matter, enforce a minimum cap on IPO applications?


    *Since IPO is a instrument to assemble scattered capital for a company to finance its ventures, why would companies come up with minimum cap on applying for them then ? If it were to stem from the fear of undersubscription(which is the only reason i can come up with at the moment), then wouldn’t allowing the usual 10 kittas ensure increased investment encouraging the ones, who do not have much to invest, to invest whatever they have ? What is the rationale behind such a decision? May be some of the folks can drop their valuable insights on the matter and shed some light on the issue.*

    &#x200B;

    [Ending Paragraph from https:\/\/www.sharesansar.com\/newsdetail\/ipo-of-sarbottam-cement-opening-from-today-in-depth-analysis-of-company-performance-2024-02-25](https://preview.redd.it/t6rectkhsvkc1.png?width=1330&format=png&auto=webp&s=d5110c24a1ba377e449a181c79d6cfe716ca046e)

    View on r/NepalStock by Specialist_Box6165

  • Are you applying for sarbottam cement ipo?

    Are you applying for sarbottam cement ipo?


    [View Poll](https://www.reddit.com/poll/1b0ail2)

    View on r/NepalStock by OrdinaryNepaliguy

  • Daily Discussion Thread (Monday – Feb 26, 2024)

    Daily Discussion Thread (Monday – Feb 26, 2024)


    Use this post to discuss what to buy/sell/trade/avoid/watch today and in the coming days.

    As always, the rules still apply.

    **Have a TMS or Meroshare issue? Query about EDIS or collateral? Ask here instead of creating another thread. All queries regarding TMS, MeroShare, Broker issues, EDIS, Settlement and Payments should be asked here.** >!DO NOT create another post.!<

    BEGINNER? [**Go here first!**](https://www.reddit.com/r/NepalStock/wiki/beginners-guide)

    DO NOT MAKE SEPARATE **INDIVIDUAL** POSTS ASKING:

    * what to buy or sell,
    * or what bank to buy,
    * or what insurance to buy,
    * yo share kati samma mathi jancha hola
    * IPO ma pareko yo share kun din bechda ramro hola, ajhai 1-2 din parkhine ki nai etc.

    will be deleted. Repeat violators will be banned.

    Happy Investing!

    View on r/NepalStock by AutoModerator

  • NAV Reports for Sanima Large Cap Fund, Sanima Equity Fund, and Sanima Growth Fund in Magh

    NAV Reports for Sanima Large Cap Fund, Sanima Equity Fund, and Sanima Growth Fund in Magh


    Sanima Large Cap Fund (SLCF) is a closed-end mutual fund managed by Sanima Capital, associated with Sanima Bank, featuring a 7-year maturity period. With a fund size of Rs. 1.20 arba, SLCF made investments in the month of Magh, allocating Rs. 82.33 crore to listed company shares and Rs. 1.92 crore to public issues, right shares, and bonus shares. The fund also holds Rs. 12 crore in fixed deposits, Rs. 10.28 crore in bonds and debentures, and a bank balance of Rs. 11.67 crores. Reporting a net profit of Rs. 1.69 crores in Magh, there’s a decrease from the previous month’s profit of Rs. 3.73 crores, with the NAV dropping from Rs. 10.09 to Rs. 9.92.

    Sanima Equity Fund (SAEF), another 7-year closed-end mutual fund under Sanima Capital, initiated with a fund size of Rs. 1.30 Arba. In Magh, the fund invested Rs. 1.03 Arba in listed shares and Rs. 2.78 crores in public issues, right shares, and bonus shares. Additionally, it has Rs. 17 crores in fixed deposits, Rs. 10.26 crores in bonds and debentures, and a bank balance of Rs. 10.57 crores. SAEF reported a net loss of Rs. 1.42 crores in Magh, a decrease from the previous month’s net profit of Rs. 1.87 crores, with the NAV declining from Rs. 11.43 to Rs. 11.18.

    Sanima Growth Fund (SAGF), a closed-end fund with an 11-year maturity period, disclosed a fund size of Rs. 67.25 Crores. In Magh, SAGF invested Rs. 43.77 crore in listed shares, Rs. 1.47 crore in public issues, and Rs. 8 crore in fixed deposits. The fund holds Rs. 16.33 crores in the bank and other assets worth Rs. 55.31 lakhs. Reporting a net profit of 4.65 crores in Magh, there’s a decrease from the previous month’s net profit of 5.30 crores, with the NAV decreasing from Rs. 11.06 to Rs. 10.96.

  • Nabil Balanced Fund 2, NBF3, and Nabil Flexi Cap Fund Performance

    Nabil Balanced Fund 2, NBF3, and Nabil Flexi Cap Fund Performance


    The Nabil Balanced Fund 2 (NBF2) is a 10-year closed-end mutual fund scheme, and its Net Asset Value (NAV) report for the month of Magh reveals a decrease in NAV from Rs. 10.31 to Rs. 10.15. Starting with a fund size of Rs. 1.12 Arba, it invested Rs. 88.37 crores in listed company shares, Rs. 1.12 crore in non-listed shares, and Rs. 20.77 crore in listed debentures. Additionally, it holds a bank balance of Rs. 87.68 lakhs. Despite a net profit of Rs. 1.27 crores in Magh, there’s a decline from the previous month’s net profit of Rs. 3.09 crores.

    Another 10-year closed-end fund, Nabil Balanced Fund III (NBF3), started with a fund size of Rs. 1.25 Arba. In Magh, it invested Rs. 85.31 crores in listed shares, Rs. 1.01 crore in non-listed shares, and holds Rs. 7.49 crores in bank deposits. NBF3 reports a net profit of Rs. 2.30 crores in Magh, a positive shift from the previous month’s loss of Rs. 3.58 crores. The NAV for Magh is Rs. 9.33, compared to Rs. 9.43 in the previous month.

    The NAV report for Nabil Flexi Cap Fund (NFCF), an open-end mutual fund scheme without a fixed maturity period, discloses a slight increase in NAV from Rs. 10.31 to Rs. 10.32 in Magh. With a fund size of Rs. 54.17 crores, NFCF invested Rs. 33.17 crores in listed shares, Rs. 2.75 crores in bonds and debentures, and has Rs. 5 crores in fixed deposits and Rs. 15.24 crores in bank balance. The fund reports a net profit of Rs. 2.46 crores in Magh, a marginal rise from the previous month’s profit of Rs. 2.39 crores.

  • Sun Nepal Life Insurance Proposes Dividend and Right Shares

    Sun Nepal Life Insurance Proposes Dividend and Right Shares


     

    Sun Nepal Life Insurance Company Limited (SNLI) plans to distribute a dividend of 25.0526% and offer 27% right shares for the fiscal year 2079/80. Following their 99th Board of Directors meeting on Falgun 11, they’ve decided on a 23.8% bonus share valued at Rs. 76.16 crores and a 1.2526% cash dividend worth Rs. 4.00 Crore (including tax). Additionally, the company aims to issue 27% right shares after accounting for the allocation of 23.8% bonus shares from the current paid-up capital of Rs. 3.20 Arba. This adjustment will raise the paid-up capital to Rs. 3.96 Crores after incorporating the bonus shares.