• Support Laghubitta Bittiya Sanstha Limited (SMB) Reports Impressive Q2 Fiscal Performance with 246.82% Surge in Net Profit

    Support Laghubitta Bittiya Sanstha Limited (SMB) Reports Impressive Q2 Fiscal Performance with 246.82% Surge in Net Profit


    In the recently disclosed second-quarter fiscal report for the year 2080/2081, Support Laghubitta Bittiya Sanstha Limited (SMB) exhibited a remarkable financial performance, witnessing a substantial 246.82% increase in net profit. The net profit surged from Rs. 24.91 lakhs to Rs. 86.42 lakhs when compared to the corresponding quarter of the previous year. Despite a 5.39% decline in core revenue, specifically net interest income, which decreased to Rs. 2.93 crores from Rs. 3.1 crores in the same quarter last year, SMB managed to achieve noteworthy growth in its net profits.

    Borrowings for SMB experienced a significant uptick of 29.14%, reaching Rs. 1.28 Arba, and loans and advances also saw a substantial increase of 24.51%, reaching Rs. 1.7 Arba during this quarter. In terms of asset quality, the company reported impairment charges amounting to Rs. 8.47 Lakhs, but the non-performing loan (NPL) ratio decreased impressively from 3.53% to 1.54%.

    The financial structure of SMB revealed a paid-up capital of Rs. 95.24 crores, along with reserves and surplus standing at Rs. 5.4 crores. The annualized earnings per share (EPS) was reported at Rs. 18.15, and the net worth per share was recorded as Rs. 156.79. SMB’s stock traded at a price-to-earnings (P/E) multiple of 55.49 times during the period.

    The provided table summarizes key financial indicators, showcasing a comparison between the second quarters of 2080/81 and 2079/80. Notable figures include the company’s operating profit, which exhibited a substantial increase of 113.81%, and capital adequacy, which witnessed a decline of 11.70%. Furthermore, the cost of funds increased by 14.66%, and the annualized EPS displayed a remarkable surge of 212.45%. The market price at the end of the quarter stood at Rs. 1007.10.

  • Mobile Banking Recover………..

    Mobile Banking Recover………..


    Ma bidesh ma xu. Mero mobile banking expire vayo ani renew garna lai vaneko OTP magxa sim nai harayo paila. Bidesh ma vai ghr wala ko num change garum vanya afno accout ko. Kasare garna sakinxa hola. Help

    View on r/NepalStock by SpecialistEmployer50

  • Sanjog Koirala (Ideapreneur)’s Money Mitra app is crap

    Sanjog Koirala (Ideapreneur)’s Money Mitra app is crap


    has anyone tried sanjog koiralas (Ideapreneur Nepal guy) “Money Mitra” app? Basically a crap! Worse than a free budget planning app available on play store. UI/UX kei ramro xaina, app bare kei detail deko xaina first login garda, portfolio import hudaina, everythings bad here.

    and its not that its free, min subscription 300+ ko xa. I have literally wasted my money. Alikai genuine jasto maneko thiye tara i fckin got scammed 😭

    View on r/NepalStock by SlightTitle2201

  • What could be the reason behind no bonus shares for NABIL? What’s the best move for holders?

    What could be the reason behind no bonus shares for NABIL? What’s the best move for holders?


    What could be the reason behind no bonus shares for NABIL? What’s the best move for holders?

    View on r/NepalStock by saynotolust

  • Can we still sell stocks using phone calls?

    Can we still sell stocks using phone calls?


    If yes then, what are the procedures

    View on r/NepalStock by aldehydeofficial

  • Vako ni sell garnu man xaina, add ni garnu man xaina

    Vako ni sell garnu man xaina, add ni garnu man xaina


    What market sentiment is this.
    So, we’re below the moving trendline for quite some time now. Still positive cause, we’re above 200&20 sma. Bullish sentiment cause, divergence formed.

    Price might come to discount, where recent support is.
    What are you guys doing? Adding ,profit booking, Completely out, 1800 waiting. Real delimma

    View on r/NepalStock by i-screamoften

  • To The More Experienced Traders Here: What has been your average monthly return?

    To The More Experienced Traders Here: What has been your average monthly return?


    Not talking about what you aim to have, or what you made on one two three stocks once upon a time.

    Looking to hear from players who’ve been actively trading for 1+ years and have at-least seen a bull and bear cycle.

    What has been your consistent average yearly and monthly return?

    Would be great to hear this and also set realistic expectations for the market for anyone new.

    View on r/NepalStock by Aggravating_Fill_982

  • Pair Trading strategy in Nepse: Mean Reversion Strategy

    Pair Trading strategy in Nepse: Mean Reversion Strategy


    So guys like i said before i did my work on the pairs

    You can find them here:

    [https://docs.google.com/spreadsheets/d/1GrwTou8DXnFV4Xmpe5Ih3h0GtMkrzPH2xRi41tvQGWY/edit?usp=sharing](https://docs.google.com/spreadsheets/d/1GrwTou8DXnFV4Xmpe5Ih3h0GtMkrzPH2xRi41tvQGWY/edit?usp=sharing)

    ​

    https://preview.redd.it/cbx8582g0nec1.png?width=829&format=png&auto=webp&s=00cfa6e248b675bf07b975a7b65fe46b4fc7c117

    Two stocks from different sectors being cointegrated is kinda sus so be careful with the SHIVM/SJLIC pair

    There is a 95% chance that there pairs are cointegrated as of 25/01/2024. Future trends can change this but not in the short term. So this will likely hold true for a month maybe. Not sure. Also not sure why its mostly hydro. I have not personally traded using this strategy. I will start back testing now and see if it is actually a viable technique. Preliminary tests seem good. To learn more you may check this link: [Pair Trading in Nepse – Quant Trading Strategies (youtube.com)](https://www.youtube.com/watch?v=rI16okuYW9g)

    This is not an investment advice.If you wish to try it out do it at your own risk.

    View on r/NepalStock by ShreShreShreShreShre

  • Market Weekend Discussion (Thursday Jan 25 – Saturday Jan 27, 2024)

    Market Weekend Discussion (Thursday Jan 25 – Saturday Jan 27, 2024)


    Use this post to discuss what to buy/sell/trade/avoid/watch this weekend 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 Trading Day for Himalayan Everest Insurance Dividend – Act Now!

    Last Trading Day for Himalayan Everest Insurance Dividend – Act Now!


    Investors of Himalayan Everest Insurance Limited (HEI) are urged to seize the opportunity as today marks the final day to avail the enticing 15% dividend proposed by the company. The decision was reached during the 317th board of directors meeting on Poush 25, where it was resolved to distribute dividends based on the paid-up capital of Rs. 2.30 Arba.

    In this generous dividend offering, HEI is proposing an 8.63% bonus in the form of shares, amounting to Rs. 19.86 crore, along with an additional 6.37% cash dividend, inclusive of tax, totaling Rs. 14.66 crore. This announcement follows the company’s commitment to rewarding its shareholders for their continued support and investment in the organization.

    Furthermore, HEI has called for its 30th Annual General Meeting (AGM) scheduled for 25th Magh, 2080, at Baneshwor Banquet, Thapagaun, commencing at 11 AM. This AGM serves as a crucial platform for stakeholders to gain insights into the company’s performance, future plans, and financial outlook. Investors attending the meeting will have the opportunity to actively participate in discussions that shape the trajectory of Himalayan Everest Insurance Limited.

     

  • Singati Hydro Energy: Offer Letter Published, Right Shares Issue Opens on Falgun 2

    Singati Hydro Energy: Offer Letter Published, Right Shares Issue Opens on Falgun 2


    Singati Hydro Energy Limited (SHEL) is embarking on a new phase of expansion and growth with the issuance of its 100% rights shares, as outlined in its recently published offer letter. The company has opened the window for applications for these right shares in a generous ratio of 1:1 or 100%, accepting applications from 2nd Falgun to 22nd Falgun, 2080.

    In this offering, Singati Hydro Energy Limited plans to issue 100% right shares valued at Rs. 1.45 Arba, equivalent to 14,500,000 (1:1) units of right shares, specifically catering to its existing shareholders. The company, known for its contributions to the hydropower sector, is currently operating with a paid-up capital of Rs. 1.45 Arba. With the proposed issuance and adjustment of the right shares, the paid-up capital is set to undergo a significant boost, reaching Rs. 2.90 Arba.

    This strategic move not only reflects Singati Hydro Energy Limited’s commitment to strengthening its financial position but also provides existing shareholders with an exclusive opportunity to participate in the company’s expansion endeavors. The issuance of 100% right shares signifies a bold step towards fortifying the company’s foothold in the hydropower industry, signaling confidence in its future prospects and inviting stakeholders to be part of this exciting phase of growth.

     

  • Sanima GIC Insurance Limited: No Dividend Declared for FY 2079/80

    Sanima GIC Insurance Limited: No Dividend Declared for FY 2079/80


     

    Sanima GIC Insurance Limited (SGIC) has recently announced its decision to refrain from distributing dividends for the Fiscal Year 2079/80. The resolution was reached during the 134th Board Meeting of SGIC, held on Magh 10, 2080. The decision not to distribute dividends stems from a careful consideration of various factors and aligns with the company’s strategic approach to financial management. It’s crucial to highlight that this decision is subject to the approval of the financial statements by the regulatory authority, Nepal Insurance Authority. The move underscores SGIC’s commitment to responsible financial practices, ensuring that shareholder interests are in sync with the prevailing economic conditions and regulatory requirements. Investors and stakeholders will be keenly watching for further insights during the regulatory approval process to gain a comprehensive understanding of SGIC’s financial standing and its future direction.