SEYB...Any news.........?

keeper · 1 SEYB...Any news.........? Fri Mar 20, 2015 10:22 pm

keeper

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All shares are going down,But SEYB is different.SEYB N. hits 52 week high. SEYB X. is moving up continuously.
In my knowledge, There are two reasons,
1)Dividend date -01st of April . Attractive dividend @ 2.50
2)As NDB is a shareholder.

I couldn't think as those reasons are highly affect to the share price in this stock market crisis.
Do you have any idea?

keeper · 2 Re: SEYB...Any news.........? Sat Mar 21, 2015 1:12 pm

keeper

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Any one////?

Teller · 3 Re: SEYB...Any news.........? Sat Mar 21, 2015 3:11 pm

Teller

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Its a really under value counter in the banking sector. All other bank shares moved such as COMB,NTB SAMP,etc but SEYB structs long time below 100/-. i feel that it has to adjust the share prices. This time 120/- is possible

keeper · 4 Re: SEYB...Any news.........? Sat Mar 21, 2015 5:27 pm

keeper

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Teller wrote:Its a really under value counter in the banking sector. All other bank shares moved such as COMB,NTB SAMP,etc but SEYB structs long time below 100/-. i feel that it has to adjust the share prices. This time 120/- is possible

SDB also RS 120.00. But SEYB is 100. Good reason. If SEYB N.is 120. SEYB X. will touch 80.00
bounce

worthiness · 5 Re: SEYB...Any news.........? Sat Mar 21, 2015 8:03 pm

worthiness

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Current uneasiness in the country keep most of local investors cautious. Even most profitable & stable banking sector is not accelerating as expected, mainly due to low demand specially from speculators.

Observing the demand & supply pattern, banking sector is daily moving up & down slowing the forward direction deserved. Foreign investors concerned, net inflow so far is admirable but limited to specific blue chip companies.

SEYB, being a valued counter, has been under pressure over months for unknown reasons. I guess it should reach 110 level soon provided increasing of number of trades at the trading floor. This applies to SAMP, HNB, NDB,DFCC, COMB etc..

keeper · 6 Re: SEYB...Any news.........? Sat Mar 21, 2015 8:05 pm

keeper

Assistant Vice President - Equity Analytics

Posts : 782
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Join date : 2013-02-16
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worthiness wrote:Current uneasiness in the country keep most of local investors cautious. Even most profitable & stable banking sector is not accelerating as expected, mainly due to low demand specially from speculators.

Observing the demand & supply pattern, banking sector is daily moving up & down slowing the forward direction deserved. Foreign investors concerned, net inflow so far is admirable but limited to specific blue chip companies.

SEYB, being a valued counter, has been under pressure over months for unknown reasons. I guess it should reach 110 level soon provided increasing of number of trades at the trading floor. This applies to SAMP, HNB, NDB,DFCC, COMB etc..