Tag: Businesses

  • NIC asia and its shady businesses .

    NIC asia and its shady businesses .


    I hear sth bad about NIC Asia occasionally but how are they doing pretty good in stock market. Saying this i have just started learning about stocks and doing little bit of research on what I can.

    So AFAIR they occupied Sudhir basnet’s land by circumventing the law which I am not 100% sure and i was watching k danush’s video about vishal group and he mentioned that nic asia approved big amount of shares applied by accounts which didn’t have any money on their bank account for ghorahi cement because some promoters are same in both companies (vishal group) are same and also they used some shady credit rating institution for nic asia laghubitta sansthan and . Also, I found nic asia interest scam and scams on home loan and they haven’t paid dividend for 3 years which i heard because of technical issues but wouldn’t be surprised if they faked the scenario??

    Still the stock price seems relatively higher than other banks which have similar financials . Do you think it will continue being one of the biggest bank in future or the company is destined to fail if incase there is some good government and regulatory bodies for businesses ?

    I didn’t do any deep research but just some basic information i came across i would be happy to be proven wrong .

    View on r/NepalStock by Saphal_59

  • From the 21st Chaitra, Prime Commercial Bank will auction 9,00,000 units of promoter shares to the general public and institutions.

    From the 21st Chaitra, Prime Commercial Bank will auction 9,00,000 units of promoter shares to the general public and institutions.


    The existing promoters of Prime Commercial Bank Limited are auctioning off 9,00,000 units of promoter shares to the general public from the 21st Chaitra to the 29th Chaitra, 2079.

    A total of 9,00,000 promoter shares will be auctioned off. Individual investors, businesses, and institutions can all bid in an auction. The minimum bid is Rs. 130. The promoters’ shares have a minimum bid quantity of 1000 units. Although bidders may bid for the entire issue, they must follow the Nepal Rastra Bank’s rule of not exceeding the specified number of shares per entity.

     

  • List of Companies With IPO Shares That Have Not Yet Been Listed on NEPSE; 9 Companies Are Also Planning an IPO

    List of Companies With IPO Shares That Have Not Yet Been Listed on NEPSE; 9 Companies Are Also Planning an IPO


    An initial public offering is the process by which a privately held company becomes a publicly traded company by selling its stock to the general public (IPO). An IPO allows a company to raise funds by selling ownership stakes to a diverse group of investors. It is a method for businesses to obtain public funding in order to support operations or grow.

    A company that wants to go public typically hires an investment bank to handle the IPO. The investment bank and the company will work together to determine the appropriate stock price and quantity to be distributed. Following that, the company will file a registration statement with the Securities and Exchange Commission (SEC) detailing its finances and other information.

     

  • The deadline for the auction of 296,000 Kumari Bank promoter shares has been extended to Chaitra 06

    The deadline for the auction of 296,000 Kumari Bank promoter shares has been extended to Chaitra 06


    The deadline for the sale of 2,96,000 units of promoter share has been extended till Chaitra 6, 2079, according to Kumari Bank Limited (KBL).

    KBL’s existing promoters have started auctioning off their 2,96,000 unit promoter stake. The auction began on the 16th of Falgun and was scheduled to end tomorrow, on the 30th of Falgun, 2079. Nevertheless, because the auction organizer received insufficient applications, the sale has been extended until Chaitra 6.

    Individual investors, businesses, and institutions can all bid in an auction. The minimum bid is Rs. 119. The promoters’ shares have a minimum bid quantity of 10,000 units. Although bidders may bid for the full issue, they must follow the Nepal Rastra Bank’s guideline not to bid more than once.

  • 4,357,185 Hydroelectricity Investment Unit Right Shares

    4,357,185 Hydroelectricity Investment Unit Right Shares


     

    Hydroelectricity Investment & Development Company Limited (HIDCL) has listed 43,57,185 units right shares on NEPSE.

    From the 22nd Magh to the 8th Falgun, 2079, HIDCL auctioned off 2,21,97,325 units of promoter share. Individuals, institutions, and businesses could all bid in the auction. However, only 141 bidders submitted bids for 43,57,185 unit shares. The cut-off rate was Rs. 100. NEPSE now lists the same right

  • 7-Month Macroeconomic Highlights: Inflation is 7.88%.

    7-Month Macroeconomic Highlights: Inflation is 7.88%.


    According to the Nepal Rastra Bank, inflation remained at 7.88 percent year on year. During the mentioned period, the gross foreign exchange reserves stood at USD 10.50 billion, while total imports and exports decreased by 19.9 percent and 29 percent, respectively, and the trade deficit decreased by 18.7 percent.

    The outstanding concessional loan was Rs.210.96 billion as of mid-February 2023, with 148,295 borrowers. For selected commercial agriculture and livestock businesses, Rs.142.56 billion has been extended to 61,335 borrowers. Similarly, 84,105 women entrepreneurs have received loans totaling Rs.65.19 billion. A total of 2,855 borrowers have received concessional loans in other specified sector

     

  • Starting today, Prabhu Bank will be selling 46,74,396 units of promoter shares to the general public and institutions.

    Starting today, Prabhu Bank will be selling 46,74,396 units of promoter shares to the general public and institutions.


    From now, that is, on 12 Falgun through 26 Falgun, 2079, the current promoters of Prabhu Bank Limited (PRVU) are selling its 46,74,396 unit promoter share at an auction.

    There will be an auction for 46,74,396 units of promoter shares. In an auction, bids may be submitted by institutions, businesses, or individual investors. The minimum bid is Rs. 123. 10,000 units are the required minimum bid amount for promoter shares. Bidders are allowed to offer for the full issue, but they must adhere to the Nepal Rastra Bank’s guideline that they cannot offer for more shares per entity than what is allowed.

    The auction manager is Prabhu Capital Ltd. On Falgun 27, at the auction manager’s location, bids will begin to be accepted at 11 a.m.

  • What is Domaining? How to Begin a Domain Name Business

    What is Domaining? How to Begin a Domain Name Business


    For those who are unfamiliar with the domaining business, it entails buying, selling, developing, and monetizing domain names. It is, in fact, a BIG business with the potential to earn you a million dollars. You may not believe me, but when you consider that AsSeenOnTv.com was sold for $5.1 million, Autos.com was sold for $2.2 million, Express.com was sold for $1.8 million, and so on.

    It’s a million-dollar business, but it’s not just about big names; expert domainers frequently make $10,000 or $100,000 on unknown domains as well. With so many new domain name extensions entering the market and so many businesses closing down and abandoning premium domain names on a daily basis, the industry is constantly growing. This expansion brings with it an ever-increasing potential for success, but it also brings with it a slew of new challenges.

    This article will go over a few important checklist items to think about when starting a domaining business from scratch.

    1- Recognize that you will need some money to make more money:

    Yes, money is required to start a domaining business, and it can range between $100 and $100,000. Successful domainers typically own a large number of domains to build their portfolio, but you can begin with a small number. A lot depends on the business model you choose, and your financial needs will vary accordingly.

    2- Skills Required

    To be honest, you don’t need any specific skills, but you should be eager to learn, gain experience, and grow. The best way to learn about domaining is to do it yourself. To be successful in your domaining business, you will need experience, which you will gain through experimentation and learning from relevant domaining resources such as Purely Space. Never close the doors to learning, and you will find success!

    3- Be Aware of and Understand the Risk:

    In reality, no business is risk-free, and domaining business is no exception. You must be aware of the various types of risks associated with the domaining business, such as domain marketplace scams, the value of.com names (or other top-level domains) decreasing for various reasons, typosquatting popular companies can result in a lawsuit from the company, and so on. Domaininvesting.com has correctly described the five types of risks associated with the domaining business.

    4- Avoid the Wrong Ways to Make Money from Domaining:

    Every business has ethical and unethical ways to make money, and the domaining business has some unethical ways to make money as well. It is critical to be aware of and avoid these bad habits. The following business models should be avoided:

    • Domain hijacking is the process of stealing an internet domain name from its rightful registrant.
    • Cybersquatting is the practice of registering domain names in bad faith in order to profit from the goodwill of a trademark that you do not own.
    • Typosquatting occurs when you register domains that closely resemble popular domains, such as Goolge.com, MciroSoft.com, and so on, with the intent of gaining traffic and possibly selling the domain at a higher price. It may not be illegal, but it increases the likelihood of a lawsuit from the companies.

    5- Discovering the Most Profitable Strategy:

    If you are serious about getting into the domaining business, the best option is to go the legal route, which is both risk-free and highly rewarding. Here are some of the most successful domaining business models.

    1. Domain monetization is one of the best business models because it is low risk, completely legal, and can yield massive profits. You purchase domains, create strategies to profit from the traffic they generate, and then sell the site for anywhere between 12 and 24 times the site’s monthly revenue + brand price.
    2. Another business model is domain development, in which you buy brandable domains, add a website and a service to the domain, and capitalize on traffic until you sell the domain name and its service.
    3. Domain capitalization is a risky business model, but if you’re good at valuing domains, it can help you sell the next million dollar domain. For example, if you purchase fitandtrim.com with the expectation that a product or service with that name will be released sometime in the future, you are the only person who can purchase this domain.

    In conclusion:

    Make sure to choose the right business model before you begin your domaining venture. Take some time to learn about all of the different business models and then select the one that suits you best. Experienced domainers run multiple business models at the same time, but as a newcomer, it’s best to start with a single direction.