• Daily Discussion Thread (Tuesday – Apr 09, 2024)

    Daily Discussion Thread (Tuesday – Apr 09, 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!

    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

  • Challenges and Prospects of the Newly Constructed Business Tower in Damak: A Critical Analysis

    Challenges and Prospects of the Newly Constructed Business Tower in Damak: A Critical Analysis


    The recent unveiling of a multi-billion-rupee business tower in Damak by the government has ignited debates over its practicality, given reports of tepid interest from prospective commercial tenants. The towering edifice, standing 18 stories tall and spearheaded by CPN-UML chairman and former Prime Minister KP Sharma Oli, awaits its official inauguration amidst uncertainties surrounding its future occupancy.

    Confirming the tower’s completion, Maniram Gelal, Secretary of the Ministry of Urban Development, affirmed its purpose to host commercial activities, with the topmost floors earmarked for sightseeing ventures. However, despite its meticulously designed infrastructure geared towards commercial viability, the premises have yet to witness any formal commitment from potential lessees.

    Sudeep Poudel, the project manager overseeing Urban Development and Building Construction, acknowledged the absence of concrete initiatives for floor reservations, despite some informal expressions of interest. Presently, the tower predominantly serves as a backdrop for outdoor photography enthusiasts, with scant foot traffic observed indoors.

    Nestled approximately 6 kilometers west of Damak Bazaar, concerns loom over the operational overheads associated with running businesses within the tower precincts. An official from the Urban Development and Construction Department shed light on the logistical challenges of conducting enterprises at a remove from the established market nucleus, hinting at diminished profitability prospects for prospective occupants.

  • About Gold and other valuable metals trading.

    About Gold and other valuable metals trading.


    Is it possible to invest or trade gold and other valuable metals virtually in Nepal as like we do trade/invest in stocks?

    or we only have the option to buy physically and store them. Any leads on this case, I wanted to learn about it.

    Thankyou!

    View on r/NepalStock by Mysterious-Ad-2896

  • ADBL Introduces Digital Loan Facility on ADBL Smart Plus App to Enhance Financial Inclusion

    ADBL Introduces Digital Loan Facility on ADBL Smart Plus App to Enhance Financial Inclusion


    The Agricultural Development Bank Limited (ADBL) has launched a novel loan facility via the ADBL Smart Plus App, responding to the increasing demand for digital services and aiming to bolster financial access and inclusivity. This initiative enables eligible customers holding salary accounts with the bank to access instant loans of up to Rs. 2 lakhs directly through their mobile banking application, devoid of the necessity for collateral, paperwork, or physical visits to the bank.

    The repayment tenure for these loans can be selected as 3, 6, 9, or 12 months, structured on an Equated Monthly Installment (EMI) basis, with provisions for pre-payment. Additionally, eligible customers can avail themselves of the Buy Now, Pay Later (BNPL) feature for credit payments at Fonepay merchants via QR codes, facilitating purchases with the flexibility to pay in monthly installments.

    Moreover, customers have the option to utilize the “Convert to EMI” functionality to transform significant transactions into loans payable through installments. The registration process for this service is straightforward through the mobile banking app, and loan eligibility is determined based on a variety of criteria. Agricultural Development Bank aims to enhance customer convenience by introducing digital loans through the Foneloan service, marking itself as the first government bank to do so.

    Sagar Sharma, the CEO of Foneloan, underscores the objective of maximizing customer convenience, while Govinda Gurung, the CEO of Agricultural Development Bank, emphasizes the bank’s dedication to providing convenient facilities and expanding its array of digital banking services. Agricultural Development Bank operates via numerous branches and ATMs nationwide, catering to various sectors, including agriculture and personal loans, and offers comprehensive digital banking services.

  • Mandakini Hydropower Limited Lists Bonus Shares on NEPSE Following AGM Dividend Decision

    Mandakini Hydropower Limited Lists Bonus Shares on NEPSE Following AGM Dividend Decision


    Mandakini Hydropower Limited (MHL) has recently listed 2,79,317.53 unit bonus shares on the Nepal Stock Exchange (NEPSE). This follows the company’s 10th Annual General Meeting (AGM), which took place on Poush 29, 2080, where a 5% dividend for the fiscal year 2079/80 was endorsed. During a board of directors meeting held on the 29th of Mangsir, it was decided to distribute the dividend, consisting of 4.75% bonus shares and 0.25% cash dividend, inclusive of tax.

    These bonus shares have now been officially listed on NEPSE. As of the latest update, Mandakini Hydropower Limited (MHL) has a Last Traded Price (LTP) of Rs. 417.90.

  • NEPSE Index Records Gain of 1.13% Amid Vibrant Trading Activity

    NEPSE Index Records Gain of 1.13% Amid Vibrant Trading Activity


    The Nepal Stock Exchange (NEPSE) Index experienced a positive movement today, registering a gain of 1.13% or 22.75 points, reaching a closing value of 2,026.81 points. This follows a slight downturn of 2.73 points in the preceding trading session. The day began with an opening value of 2,009.05, and throughout the trading period, the index fluctuated, hitting an intraday high of 2,026.82 and a low of 2,000.36.

    Trading activity was vibrant, witnessing transactions involving 311 different stocks across 64,221 transactions. The total volume of shares exchanged amounted to 11,210,102, translating to a turnover of Rs. 4.25 Arba. The market capitalization concluded at Rs. 32.13 Kharba, with a float market capitalization of Rs. 10.84 Kharba.

    Nepal Reinsurance Company Limited Promoter Share (NRICP) took the spotlight of the day, generating a turnover of Rs. 95.20 Crore and closing at a market price of Rs. 281.00. Additionally, five companies experienced positive circuit trends.

    On the downside, Taragaon Regency Hotel Limited (TRH) encountered a setback, experiencing a decline of 10% to close at Rs. 792.00.

    In terms of sector performance, two sector indices concluded in negative territory. The “Finance Index” led the gains with a notable increase of 5.95%. However, the “Hotels And Tourism Index” saw a slight decline of 0.08%.

  • Key things to select Script for investment

    Key things to select Script for investment


    Hello everyone, I am newbie in share market. Want to do some investment. Can you guys suggest me how to choose a company before doing the investment?

    View on r/NepalStock by MusoDesign-Vet3

  • Question about Valuing Assets, Especially Land, of Banks, hotels and tourism sector.

    Question about Valuing Assets, Especially Land, of Banks, hotels and tourism sector.


    Hi everyone, I'm trying to understand how banks and other financial institutions value their assets, particularly land. Is land of Nepal bank limited(NBL), Soaltee Hotel (SHL) are fairly valued or what?
    Could someone explain the process to me in simple terms? I'm curious about factors like how they determine the value of land holdings, what's their actual valuations . Any insights or resources you could share would be greatly appreciated! Thanks in advance!

    View on r/NepalStock by Yunik_B

  • What happens on NepseTms if there are multiple errors while trying to place an order? For instance, imagine I’m trying to sarbottam cement buy at a price that’s 10% off the current rate, but I get an error message saying the price isn’t within the allowed range. My plan is to keep hitting the ‘buy’

    What happens on NepseTms if there are multiple errors while trying to place an order? For instance, imagine I’m trying to sarbottam cement buy at a price that’s 10% off the current rate, but I get an error message saying the price isn’t within the allowed range. My plan is to keep hitting the ‘buy’


    For instance, imagine I'm trying to sarbottam cement buy at a price that's 10% off the current rate, but I get an error message saying the price isn't within the allowed range. My plan is to keep hitting the 'buy' button until the price reaches the acceptable limit, in this case, the 10% threshold. Will this get me banned, or could something else happen? Has anyone experienced a ban or any repercussions from doing something similar?

    View on r/NepalStock by nighthoule