Experts pls advice on NDB

jonta999 · 1 Experts pls advice on NDB Sat Jan 28, 2012 10:08 am

jonta999

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this is my first post and i'm happy to involve with this forum.

I'm looking forward to invest in the banking sector and hoping to buy NDB around 120-125 levels. NDB has a less mkt cap than other banking sector counters and with the foreign buying it may rise considerably in the future. the lowest level it has reach is around 115 in the past few months.

and the PE is really attractive than other banking sector shares.
i'm looking to invest in the longer term.

Last edited by Quibit on Sat Jan 28, 2012 10:40 am; edited 2 times in total

Quibit · 2 Re: Experts pls advice on NDB Sat Jan 28, 2012 10:43 am

Quibit

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Welcome to the forum... Please use the search option available in the Forum. You will be able to read many posts relating to NDB and banking sector shares. You can also use our research database http://research.srilankaequity.com to read research reports prepared by some of the leading stock brokering companies. Good Luck!!

kiritharon · 3 Re: Experts pls advice on NDB Sat Jan 28, 2012 12:09 pm

kiritharon

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chart shows sideway, long time

jonta999 · 4 Re: Experts pls advice on NDB Sat Jan 28, 2012 2:04 pm

jonta999

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kiritharon wrote:chart shows sideway, long time

which chart? more info pls..

jonta999 · 5 RE : NDB Sun May 12, 2013 7:25 am

jonta999

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jonta999 wrote:this is my first post and i'm happy to involve with this forum.

I'm looking forward to invest in the banking sector and hoping to buy NDB around 120-125 levels. NDB has a less mkt cap than other banking sector counters and with the foreign buying it may rise considerably in the future. the lowest level it has reach is around 115 in the past few months.

and the PE is really attractive than other banking sector shares.
i'm looking to invest in the longer term.

I'm happy to say that i got a hefty profit from NDB and Still holding 50% of my investment.

salt · 6 Re: Experts pls advice on NDB Sun May 12, 2013 9:17 am

salt

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NDB has gone up considerably in the recent past
Trading below 1.4x of itsBV
Lowest valuation yet among banking stocks
Considerable upside potential
Possibility of touching 200