Tag: Opinion

  • investment opinion of members of this sub

    investment opinion of members of this sub


    [saw this post](https://www.reddit.com/r/NepalStock/comments/1ajclx4/what_should_i_do_i_got_to_know_about_this_recently/) OP’s dad invested 50L in nabil and is in constant loss.
    Most of you are saying make it a long term thing, 1500-1600 samma bechna sakchau. do you guys even realized what you saying? nabil is already a 1.2 kharab company. 1500-1600 would mean it to be around 4 kharab company in market capitalization. what makes you think nabil will reach there?

    Stock’s arent driven by past prices, but are driven by future potential, fundamentally speaking. Supply and demand plays vital role in stock market performance. Nabil and overall banking sector is heavily capitalized i.e lots of float shares. business growth is in low trend since past few years. NPL ta dhilo chado recover hola but bubble price maa nabil feri pugcha vanne kei base chaina. and stock market performance shows that. I really had never seen nabil below 600-700 ever.

    Past maa nabil 1700 pugyathyo, arko bull maa feri pugcha is the worst thing you’d want to assume (talking from experience)
    Chilime, SCB ,SBI,EBL 8-10 year agi high price maa kinne haru are still in loss. and mind you thats a long time. finally after so long they are showing some positivity. they were hit hard by NRB’s mandatory capital increment policy. this is what overcapitalization does to banks. nabil probably in same road.

    business potential, market capitalization , growth trend herera investment garnus , mero sano advice , take it or leave it.
    personally I prefer banks like sanima, pcbl, gbime rather than nabil. NABIL ko tyo price was never justified, it was a balloon because of bonus share ko addiction in nepse. similar business vako aru bank ko average price tira aaune chances is high in Nabil.

    idk if the guy whose dad bought 50L worth of nabil will read it or not; if I were you I’d Sell NABIL and buy GBIME, SANIMA,IGI, SHPC .


    View on r/NepalStock by capitalistaf


  • Among the following Hydropower, IPO which one is worth holding and which one is worth selling in your opinion?

    Among the following Hydropower, IPO which one is worth holding and which one is worth selling in your opinion?


    1)API
    2)HIDCL
    3)RFPL
    4)SHEL
    5)SJCL
    6)UPPER
    7)RHPL
    8)MBJC
    9)RHGCL
    10)SAHAS

    P.S: I have been tired of holding hydropower IPO. Needed money urgently also so planning to sell these IPO.


    View on r/NepalStock by Ill_Judgment_3543


  • In bear market, what’s better in your opinion, Averaging or buying new?

    In bear market, what’s better in your opinion, Averaging or buying new?


    I’ll go first. I think buying new shares is better because it diversifies your portfolio. Though you are already on a loss, the new stocks which you’ll buy will definitely cover it up given you do careful research. For instance, the shares that were previously high priced, that gave good returns, are now available for lower price. My two cents, what’s yours.


    View on r/NepalStock by Rhyss007


  • Your opinion on, will the interest rate decrease next month?

    Your opinion on, will the interest rate decrease next month?


    Cause interest rate is inversely proportional to direction of movement of market.


    View on r/NepalStock by -No-One-Nepal


  • Wanted some opinion if anyone has experience

    Wanted some opinion if anyone has experience


    Any body here in the forum worked at cash equity desk at BB firms (bulge bracket) i want your opinion on Nepalese broker market.


    View on r/NepalStock by NefariousnessOk4050


  • ICRA Nepal confirms the rating of NIC ASIA Bank’s Rs 3 arba debenture as ICRANP LBBB.

    ICRA Nepal confirms the rating of NIC ASIA Bank’s Rs 3 arba debenture as ICRANP LBBB.


     

    ICRA Nepal Limited has confirmed NIC Asia Bank Limited’s grade. The rating has been removed from the ‘Watch with Negative Implications’ category and moved to the “Issuer Not Cooperating” category, with the following notification for rating withdrawal:

    The rating agency has assessed the bank’s NPR 3,000 million subordinated debenture as [ICRANP] LBBB “Issuer Not Cooperating”; it has been withdrawn from watch with negative implications and moved to the issuer not cooperating category with notice of withdraw

  • Is bitcoin banned in Nepal?

    Is bitcoin banned in Nepal?


    Ban of Transaction of Bitcoin and other cryptocurrencies in Nepal.

    The central bank of NepalNepal Rastra Bank (“NRB”) published a notice pursuant to Nepal Rastra Bank Act 2001 (“NRB Act”) and Foreign Exchange (Regulation) Act 1962 (“FERA”) prohibiting the usage of Bitcoin in Nepal. NRB has not recognized Bitcoins as a valid currency in Nepal.

    A few highlights on the ban:

    1. Laws of Nepal: The Nepal Rastra Bank, Nepal’s central bank, highlighted two laws in its statement banning Bitcoin and its transactions: the foreign exchange statute of 2019 BS and the Nepal Rastra Bank Act of 2058 BS. It basically means that you can’t do bitcoin transactions or use bitcoin to swap foreign or Nepali currency in Nepal because bitcoin isn’t classified as a currency by the Nepali government, therefore utilizing the internet for bitcoin transactions or exchange is unlawful.
    2. Lack of regulations: NRB and Nepal govt is unable to have proper regulation over bitcoin transactions, as it’s mostly done over internet and Nepal doesn’t yet have the technology needed to regulate it, and hence it may be banned.
    3. Use in illegal activities: Reports of bitcoin being used for money laundering or making black money into white by converting into Bitcoin, among other cases is another reason.
    4. Damage to Nepali economy: Bitcoin transactions unlike other banking transactions can’t be taxed, so there will be loss of revenue, plus if more Nepalis use bitcoins, the monetary system of Nepal may be affected, Bitcoin is also a very volatile currency with lots of ups and downs and long term it can cause severe problems. NRB is tasked with maintaining the financial stability of Nepal and maybe it felt, bitcoin was a threat.

    These are only a few of the reasons, in my opinion, why bitcoin is prohibited in Nepal. The existing Nepali laws prohibit it, and the central bank believes that bitcoin cannot be effectively regulated, that it can be used for unlawful purposes, and that it will harm the Nepali economy in the long run. The Nepalese government has recently taken tough measures against bitcoin transactions, including arresting people who were mining bitcoin or had large amounts of bitcoin, shutting down Nepal’s largest bitcoin exchange operator Bitsewa and arresting its owners, and even arresting a Nepali politician from a minor party for bitcoin trading.

  • Public Wi-Fi Is Vulnerable to Attacks: Here’s How to Protect Yourself

    Public Wi-Fi Is Vulnerable to Attacks: Here’s How to Protect Yourself


    When you go to public areas, free public Wi-Fi can be incredibly useful. However, most of us are unaware that connecting your computer to these free unsecured Wi-Fi hotspots will put your data at risk of being intercepted. Since it is a public network, many people use it. You are not the only one linked to it. When using public Wi-Fi, it is very easy for anyone to intercept your data. Even if the public Wi-Fi is a secure hotspot, once linked, the intruder can intercept your data.

    Anyone linked to the network has open access to Wi-Fi settings on many of the networks. Since anyone can obtain admin access in these types of networks, this can lead to “man-in-the-middle” attacks. In a public network, pulling off incoming and outgoing data is very simple, because everyone on the network can see the information you send. This details may include credit card numbers, passwords, bank account numbers, and so on.

    How can you stay safe on Public Wi-Fi?

    • If you’re going to use a public library or restaurant’s network, ask the staff for the network name before connecting your device.
    • Make use of a virtual private network (VPN) (VPN). Intruders would have a hard time stealing your data if you use a VPN.
    • Test to see if the website is HTTPS (In simple words check for the lock sign).
    • When you’ve finished using a public network, remember to press “Forget the Network.”
    • When using a public network, avoid using programs that need confidential information such as email/passwords, bank account numbers, and so on.
    • Switch off your device’s sharing services and install a firewall.

    Bonus Tip

    This article has been referenced from Tech Sathi

  • How to learn any skills faster in six steps

    How to learn any skills faster in six steps


    Practice makes perfect when it comes to skills.

    G. I. Joe Fallacy: the idea that knowing is half the battle. It needs to be retired not just from our theories of how the mind works, but also from our practices of trying to shape minds to work better.

    Laurie Santos and Tamar Gendler

    As a consequence, if you want to achieve an objective, lectures alone will not suffice. You want to be more prepared. Lectures can only help you learn more. It will not provide you with the tools you need to improve your job performance.

    Set (realistic) goals!

    Your objectives should be SMART (Specific, Measurable, Achievable, Relevant and Time-bound).

    You can also use the WOOP technique (wish, result, challenge, plan) to set goals and achieve them more quickly.

    In his book Originals, Wharton Organizational Psychology Professor Adam Grant suggests that the greatest input comes from fellow creators, not from the audience or managers.

    We could all rely more on peer feedback and do a better job saying, “When I’ve got a new idea, I’m not necessarily going to trust my own judgment. But I’m not always going to trust … middle managers who tend to be the most risk-averse and most conservative. I’m going to go to people who are fellow creators.”

    Adam Grant

    Deliberate practice to learn any skill faster!

    Regular practice may be mindless repetitions, whereas deliberate practice requires focused attention and is done with the explicit goal of increasing performance.

    Benjamin Franklin’s father chastised him for his poor writing skills when he was a teenager. Franklin made a pledge to himself to improve his prose. He began by reading works by some of the most popular authors of the time. He then rewrote each essay in his own words before comparing it to the original.

    World-class violinists only train for 90 minutes a day, but those 90 minutes are spent focusing on areas where they are weak or need to develop. They don’t practice what is easy for them. It’s pointless to do so. Deliberate practice, on the other hand, forces one to step outside of their comfort zone. You’re still focusing on what you need to work on, and once you’ve accomplished it, you move on to more challenging skills. It’s like turning your life into a game.

    Choose the mindset required!

    Carol Dweck coined the terms “fixed mentality” and “development mindset” to describe people’s beliefs about learning and intellect. Students who believe they can boost their intellect understand that perseverance pays off. As a result, they put forward more effort and commitment, resulting in increased results.

    We can change someone’s perspective from fixed to development, according to studies. They become more inspired and do more as we do so. The study of brain plasticity has shown how neuronal communication changes over time. With practice, neural networks form new associations and strengthen old ones.

  • Leadership tip: Can Toastmasters serve as your cue?

    Leadership tip: Can Toastmasters serve as your cue?


    James Clear explores how our environment affects our habits in his best-selling book Atomic Habits. If we want to read more books, placing books in various parts of our house can serve as a sign to our minds to read; similarly, placing notebooks and pens throughout the room might serve as a sign to write.

    If you want to improve your leadership and communication skills, you’ll need to start with a habit. Toastmasters might be a good place to start.

    While we may have always been told that communication and leadership are necessary abilities, we may not have always had the opportunity to put them into practice. Furthermore, these are talents that we improve through practicing. We may fumble and fall at first, making the initial step terrifying and frightening. This is where the environmental cue becomes even more important. You are permitted to go blank and forget your lines at weekly Toastmasters club meetings as long as you strive to take that first step.

    This has prompted me to explore with speechcraft and other aspects of communication. With butterflies, boxes, and glasses, I’ve presented speeches. As part of my lecture, I set up the keyboard and played Mozart for the crowd. I’ve put on a magic hat and done tricks that I completely forgot about halfway through. Some of them were successful, while others were not.

    When I found myself in a situation where there were leaders, I decided to improve on my leadership qualities by joining the club executive committee. I had the opportunity to reflect on my strengths and limitations as a communicator and leader in between leadership responsibilities, meetings, and actions. When I had the opportunity to serve as the division editor for Nepal in 2019/20, my relationship with material grew even stronger. Many doors unlocked themselves on this journey, and it was a nudge to open them, both personally and professionally.

    Toastmasters’ philosophy is vast, but if I had to summarize it based on my personal experience, I would say it is the opportunity to try new things. There are a plethora of cues in Toastmasters’ Pathways education program. The ability to think quickly on your feet, the agility to detect compliments and recommendations, and the versatility to build various speeches all become transferable abilities. The teachings become inseparable as you figure out what works and what doesn’t for you. You take it with you wherever you go, at home, at work, and everywhere else.

    Toastmasters has a long and illustrious history, with over 95 years of experience. You might want to dive in for the pearl, or you might want to dive in for a swim, depending on your ambitions, but the most essential thing you’ll find here is an environment in which to grow yourself. Can Toastmasters help you with all of these things and more? You are the only one who can tell.

  • How Does Hindsight Bias Influence Investing Decisions?

    How Does Hindsight Bias Influence Investing Decisions?


    Since its top of 1881 in 2016, the Nepal Stock Exchange has been on a downward trend. The market dropped to as low as 1100, a drop of nearly 40% from its peak. Many investors lost a lot of money as a result of the devastating market meltdown.

    If we ask investors right now if they thought the market was going to tumble after 2016, many will say yes. However, at the peak, investors were more bullish on the market. The massive quantity of everyday turnover demonstrates this. The daily transaction amount was between 1.5 and 2 billion rupees.

    So, how does an investor’s opinion of the same event change? This is a psychological phenomena known as ‘Hindsight bias.’

    The tendency of people to perceive events as more predictable than they actually are is referred to as hindsight bias. In other words, it makes the past appear less predictable than it was. Things always appear more evident after they have occurred.

    Decision making is difficult prior to the occurrence due to a lack of information and foresight. However, looking at the available results after the event, the outcome appears more predictable.

    During the bullish era in our market, investors were uninformed of the oncoming market disaster. As a result, many people were highly involved in stocks. Some people predicted that the market would crash. However, no one was certain at the moment.

    However, after the market fall, investors believe that they were forewarned that the market would drop. With more information regarding the market crash becomes accessible, investors appear to be more sure about the event’s predictability.

    Why is hindsight bias dangerous in investing?

    Consider the following scenario: You are considering purchasing a stock called ABC. However, you do not purchase it for some reason. The price of ABC stock then skyrockets. What are your thoughts?

    The answer is that you are stupid. You kick yourself for squandering the opportunity. You are remorseful for not purchasing the stock when you realized it was a winner. You tell yourself, ‘I knew the stock would soar.’ This is what we mean by hindsight bias.

    So, what makes it dangerous? This is because you have made a promise to yourself that you would not make the same mistake again. You are more confident in your decision-making abilities, and you vow to seize the next opportunity. This is the danger that hindsight bias can cause. The next time might not be the same as the previous.

    Let’s have a look at another scenario: You consider purchasing a stock called ABC. However, you do not purchase it for some reason. The price of ABC stock then plummets. Now consider if you would have felt the same way in the first situation.

    No, it does not. You congratulate yourself on making a wise decision not to buy ABC stock. You knew the stock would decline, which is why you didn’t buy it in the first place.

    Why is the response different in these two cases? In an ideal world, the answer in both cirplusstances would be the same. In both cirplusstances, you made the same decision not to acquire stock ABC prior to the rise or fall in its price. However, after the event occurs, such as a price rise or decline, you change your reaction in accordance with the nature of the occurrence.

    This is risky because it gives you the impression that you knew it all along, giving you a false sense of security in your judgment. This can lead to overconfidence in your financial abilities and reckless decisions.

    How do you prevent falling into the Hindsight Bias trap?

    Several behavioral experts have recommended producing a list of everything that was considered when making the decision. This could be a good plan. We will know what our thought process was at the time of decision making if we make a record of the reasoning behind our decisions. We cannot change our statements after the event has occurred. This will aid us in making an accurate assessment of our abilities.

    Investors may not consider hindsight bias as a concern. However, it may lead you to make decisions based on your perspective rather than facts.

    In conclusion

    In our daily lives, we experience hindsight bias. Whether it’s investing, gaming, exams, or anything else, the outcome makes us feel much more confident in our abilities. If Real Madrid beats Sevilla, we’ll tell ourselves and others that we knew Madrid was going to win. Similarly, if the stock/real estate price is rising, ‘I knew it’ comes into play.

    Even if it hasn’t caused any immediate harm, it can make you overconfident, causing your next bet to be more illogical. Real Madrid won, but the outcome might be different the next time. Past events cannot be utilized to predict the future completely. Information and strategies evolve in tandem with the passage of time.

    As a result, it is preferable to treat each possibility as new and base your judgment on facts. The past appears to be easy to anticipate, yet this is not the case. It is a hallucination that arises following the occurrence of the result. As a result, it is preferable to stick to your investing ideas and tactics.