HNB x is trading @ large discount HNB N

salt · 1 HNB x is trading @ large discount HNB N Thu May 16, 2013 2:18 pm

salt

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HNB x is trading @ massive discount to HNV Vt

COMB N 117.00 vs COMB X 96.00 ( LKR 20 discount) 18%
HNB N 170 vs HNB X 125 ( LKR 45.00 discount) 26%

Bond · 2 Re: HNB x is trading @ large discount HNB N Thu May 16, 2013 2:27 pm

Bond

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salt wrote:HNB x is trading @ massive discount to HNV Vt

COMB N 117.00 vs COMB X 96.00 ( LKR 20 discount) 18%
HNB N 170 vs HNB X 125 ( LKR 45.00 discount) 26%

I don't like non-voting shares as it is very slow in movement. It's like buying JKL instead of JKH Razz

Need a computer gilmart to turn my .X into an .N Razz

Backstage · 3 Re: HNB x is trading @ large discount HNB N Thu May 16, 2013 2:40 pm

Backstage

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salt wrote:HNB x is trading @ massive discount to HNV Vt

COMB N 117.00 vs COMB X 96.00 ( LKR 20 discount) 18%
HNB N 170 vs HNB X 125 ( LKR 45.00 discount) 26%

The gap between N/X is different for each company isn't it ?
The historical gap in HNB N/X has been 40/= so its not such a big discount is it ?

udeni · 4 Re: HNB x is trading @ large discount HNB N Thu May 16, 2013 4:52 pm

udeni

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I too think HNB.X is trading at a descent discount. Thanks for highlighting.

WildBear · 5 Re: HNB x is trading @ large discount HNB N Thu May 16, 2013 8:10 pm

WildBear

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Both HNB.N & HNB.X deserves higher prices than this when compared with it's peer COMB. In a real run this percentage gap will norrow down. I believe real bull run for banks yet to see, probably after next couple of quarters.

salt · 6 Re: HNB x is trading @ large discount HNB N Thu May 16, 2013 11:02 pm

salt

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My target was 180 for N & X-150
30 different does make sense
Banks are not open for hostile acquisitions
Hence, N&X different is meaningless

Slstock · 7 Re: HNB x is trading @ large discount HNB N Fri May 17, 2013 5:32 am

Slstock

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Historically, X trade at 2/3 to N.

When HNB.N was 400 X was around Rs 260

Just saying for what it is worth.

salt wrote:My target was 180 for N & X-150
30 different does make sense
Banks are not open for hostile acquisitions
Hence, N&X different is meaningless