National Development Bank (NDB.N)

taniya1111 · 1 National Development Bank (NDB.N) Wed Feb 13, 2013 1:13 pm

taniya1111

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I hold large number of NDB shares, know well about the company but what is the effect for NDB after Aviva NDB deal ? would like to know expert views on that...

rainmaker · 2 Re: National Development Bank (NDB.N) Wed Feb 13, 2013 1:31 pm

rainmaker

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NDB should give a special dividend. Otherwise they'll blow the money on some venture in Bangladesh

salt · 3 Re: National Development Bank (NDB.N) Wed Feb 13, 2013 2:46 pm

salt

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rainmaker wrote:NDB should give a special dividend. Otherwise they'll blow the money on some venture in Bangladesh

My opinion.
NOT necessarily, they might use cash to build reserves. No lending restriction.

balapas · 4 Re: National Development Bank (NDB.N) Wed Feb 13, 2013 5:34 pm

balapas

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My broker was promoting this saying they will pay a big dividend but I asked if they do not price will come down? Well I see NDB as a fundamentally strong share and should not be bought based on speculation like a higher dividend. There are lot of things they can do with this thinking of the long term rather than just paying a special dividend.

raptor · 5 Re: National Development Bank (NDB.N) Wed Feb 13, 2013 6:31 pm

raptor

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I was told they were going to reinvest it.

WildBear · 6 Re: National Development Bank (NDB.N) Wed Feb 13, 2013 6:35 pm

WildBear

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salt wrote:

rainmaker wrote:NDB should give a special dividend. Otherwise they'll blow the money on some venture in Bangladesh

My opinion.
NOT necessarily, they might use cash to build reserves. No lending restriction.

In contrary, Major Shareholders are BOC,SLIC,AAIC and SHL group, They are also financial institutions and in need of cash reserves, I'm sure they wants to drag significant portion of this special and mammoth capital gain.

NEM · 7 Re: National Development Bank (NDB.N) Wed Feb 13, 2013 7:22 pm

NEM

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WildBear wrote:

salt wrote:

rainmaker wrote:NDB should give a special dividend. Otherwise they'll blow the money on some venture in Bangladesh

My opinion.
NOT necessarily, they might use cash to build reserves. No lending restriction.

In contrary, Major Shareholders are BOC,SLIC,AAIC and SHL group, They are also financial institutions and in need of cash reserves, I'm sure they wants to drag significant portion of this special and mammoth capital gain.

Yes, that's the thing, Major share holders will also influence and probably will take out at least some amount of money from this massive deal...