Author: Earnmoney.com.np

  • First Microfinance Laghubitta Bittiya Sanstha Limited Initiates Auction of 1,20,000 Promoter Shares Managed by Prabhu Bank Limited

    First Microfinance Laghubitta Bittiya Sanstha Limited Initiates Auction of 1,20,000 Promoter Shares Managed by Prabhu Bank Limited


    The current promoter of First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) has initiated the sale of 1,20,000 units of promoter shares through an auction, which commenced on 7th Falgun and will continue until 11th Chaitra, 2080.

    The auction involves the sale of the entire 1,20,000 units of promoter shares, and interested promoter shareholders or institutions have the opportunity to participate by placing bids. The minimum bid rate set for the auction is Rs. 315. While bidders can submit bids for the entire share issue, they must adhere to the guidelines set by the Nepal Rastra Bank, ensuring that the specified quantity of shares per entity is not exceeded.

    The auction management is entrusted to Prabhu Bank Limited. It is essential for potential bidders to take note of the rules and regulations governing the auction process. As of the latest information, the Last Traded Price (LTP) of FMDBL stands at Rs. 606. This auction provides interested parties with the chance to acquire promoter shares at the prevailing market conditions, with Prabhu Bank Limited overseeing the transparent and fair conduct of the auction proceedings.

  • United Ajod Insurance Limited’s 30th AGM: Dividend Approval, Financial Reports, and New Board Elections Unveiled

    United Ajod Insurance Limited’s 30th AGM: Dividend Approval, Financial Reports, and New Board Elections Unveiled


    United Ajod Insurance Limited (UAIL) held its 30th Annual General Meeting on Sunday, 6th Falgun, 2080, at Anmol Banquet, Shankhamul, Kathmandu. The meeting covered various key agenda items, including the approval of annual reports from the Management Committee, the financial performance for the fiscal year 2079/80, and the audit reports of former Ajod Insurance Ltd. and United Insurance Co. (Nepal) Ltd. Additionally, the financial statements for the upcoming fiscal year 2080/81, encompassing details such as financial results, balance sheet, and cash flow, received unanimous approval.

    A significant decision made during the meeting was the endorsement of a 10.8013% dividend to shareholders. This dividend comprised a 0.5401% cash dividend and a 10.2612% bonus share, calculated from the paid-up capital of Rs. 1.90 Arba.

    Moreover, the gathering witnessed the election of a new board of directors for the company. The selections included individuals such as Mr. Ajad Shrestha, Mr. Pranav Kumar Das, and Mr. Balram Khanal representing the founder’s side, along with Mr. Panu Datta Poudel and Mr. Shambhu Adhikari, who were elected to represent the general public. This reshuffling of the board is expected to bring fresh perspectives and leadership to United Ajod Insurance Limited as it moves forward into the future.

  • Reason // factors that contribute to increase or decrease of share value.

    Reason // factors that contribute to increase or decrease of share value.


    What are some possible reasons for the decline in the value of a share, despite higher demand than supply, considering both market dynamics and underlying factors?

    View on r/NepalStock by FlowerFantastic530

  • Will PPL even rise after the recent incident?

    Will PPL even rise after the recent incident?


    That guy’s status changed the game

    View on r/NepalStock by zerry47

  • Suru ka bata garne? Kasari garne?

    Suru ka bata garne? Kasari garne?


    Suru kasari ka bata garne?

    View on r/NepalStock by IndependentRaise5940

  • Does technical analysis even work ??

    Does technical analysis even work ??


    I sometimes think that the TA is just like astrology. Market ko anusar dharko banney ho , dharka anusar market kina chalney???🧐
    Generally, badhna thaleko stocks badhdai janxan vnni ni pure gambling tw honi .
    Moving avg supporting vara price badni haina ni , price badherw chai avg price tala dekheko ho .

    What your thoughts on this TA thing??

    View on r/NepalStock by Local_Good2307

  • It’s over. 1800ish seems imminent.

    It’s over. 1800ish seems imminent.


    What are you guys planning to do? Short term trading ko sabai stocks sell gariyo? It looks bearish in every sector.

    View on r/NepalStock by Comfortable_Fun7794

  • Daily Discussion Thread (Sunday – Feb 18, 2024)

    Daily Discussion Thread (Sunday – Feb 18, 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

  • Last Day for HRL and Asian Life Insurance Dividend Grab

    Last Day for HRL and Asian Life Insurance Dividend Grab


    Today marks the deadline to avail the 5.789% dividend offered by Himalayan Reinsurance Limited (HRL). The company has scheduled its 3rd Annual General Meeting (AGM) for 20th Falgun, 2080, to be held at Rastriya Sabha Griha, Pradarshani Marg, Kathmandu, starting at 11:00 AM.

    In the 55th board meeting held on Magh 25, it was decided to distribute dividends based on the paid-up capital of Rs. 10 Arba. The proposal includes 4% bonus shares and a 0.21% cash dividend (for tax purposes). This translates to bonus shares valued at Rs. 40 crores and a cash dividend of Rs. 2.10 crores.

     

  • Central Finance: No Dividends for FY 2079/80

    Central Finance: No Dividends for FY 2079/80


    Central Finance Limited (CFCL) has announced that it will not be giving out any dividends for the Fiscal Year 2079/80. This decision was reached during the 335th Board Meeting held on Falgun 04. However, it’s essential to understand that this decision is dependent on the approval of the financial statements by the regulatory authority, Nepal Rastra Bank, and the forthcoming Annual General Meeting of the company.

     

  • Shikhar Insurance: No Dividend for FY 2079/80

    Shikhar Insurance: No Dividend for FY 2079/80


     

    Shikhar Insurance Company Limited (SICL) has announced that it won’t be paying dividends for the Fiscal Year 2079/80. This decision came after the 322nd Board Meeting held on Falgun 04, 2080. However, the financial statements are pending approval from the Nepal Insurance Authority and will be discussed further in the upcoming Annual General Meeting.

     

  • Eastern Sahara Appoints Global IME Capital for 30 Lakh IPO Shares

    Eastern Sahara Appoints Global IME Capital for 30 Lakh IPO Shares


    Eastern Sahara Company Limited has chosen Global IME Capital Limited as the issue manager for its upcoming IPO of 30,00,000 units at NPR 100 each. The agreement was signed on Falgun 1, 2080, at Global IME Capital Limited’s office in Naxal, Kathmandu.

    The company, established as a public company in 2079, is based in Birtamode Municipality, Jhapa, with a liaison office in Baneshwor Height, Kathmandu. It specializes in micro-capital operations, with a focus on Green Financing and investments in hydropower, agriculture tourism, automobiles, and solar energy projects. Eastern Sahara has attracted investments from notable figures in banking, cooperatives, microfinance, and hydropower sectors, with the aim of contributing to the nation’s economic growth through Green Financing.