No more talks about the banking rally

ashlee · 1 No more talks about the banking rally Thu Feb 10, 2011 11:17 am

ashlee

Manager - Equity Analytics

Posts : 195
Equity Stars : 5102
Reputation : 14
Join date : 2011-01-31

Last week 2 out of 3 posts were about the potential banking rally..I wonder why people don`t talk about it anymore..

As previous posts on suggests, there are institutional buyers keeping it low for them to collect what they could not collect.. But I don`t see bank shares trading in large quantities.. Certainly not NTB and LOLC, the shares I am following..

BANKING RALLY

Will there be anything as such? People don`t talk about it because its not the 'thing' at the moment?? Appreciate expert opinions on this..

Slstock · 2 Re: No more talks about the banking rally Thu Feb 10, 2011 11:23 am

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 13383
Reputation : 1158
Join date : 2011-01-22

ashlee wrote:Last week 2 out of 3 posts were about the potential banking rally..I wonder why people don`t talk about it anymore..

As previous posts on suggests, there are institutional buyers keeping it low for them to collect what they could not collect.. But I don`t see bank shares trading in large quantities.. Certainly not NTB and LOLC, the shares I am following..

BANKING RALLY

Will there be anything as such? People don`t talk about it because its not the 'thing' at the moment?? Appreciate expert opinions on this..

I believe everybody is awating for the financial reports for DEC quarter. If you saw from the results of the companies already released ACAP,CDB, CFIN their profit are good with growth. Also the tax benefits were not refelcted in DEC quarter. So I think it is patience + wating game until a few more banks/fn get released. Lets wait and see.

To be honest I feel the Bank rally is over due too.

xmart · 3 Re: No more talks about the banking rally Thu Feb 10, 2011 3:42 pm

xmart

Senior Manager - Equity Analytics

Posts : 343
Equity Stars : 6286
Reputation : 36
Join date : 2011-01-31
Location : Colombo

It is game of patient.

ashlee · 4 Re: No more talks about the banking rally Thu Feb 10, 2011 7:38 pm

ashlee

Manager - Equity Analytics

Posts : 195
Equity Stars : 5102
Reputation : 14
Join date : 2011-01-31

I am lamenting bcz I bought LOLC after selling CARS..CARS shot up while LOLC is lower than what I bought it at Sad

...

According to my ex adviser, current adviser and the experts of this group LOLC should double within few months.. Letz hope for the best..

mono · 5 Re: No more talks about the banking rally Thu Feb 10, 2011 7:40 pm

mono

Vice President - Equity Analytics

Posts : 1167
Equity Stars : 6301
Reputation : 93
Join date : 2011-01-21
Age : 103

look guys financial results are coming out and they all look good. it's only a matter of time

dimithri · 6 Re: No more talks about the banking rally Thu Feb 10, 2011 8:02 pm

dimithri

Equity Analytic

Posts : 37
Equity Stars : 4918
Reputation : 1
Join date : 2011-01-27

ashlee wrote:I am lamenting bcz I bought LOLC after selling CARS..CARS shot up while LOLC is lower than what I bought it at ...

According to my ex adviser, current adviser and the experts of this group LOLC should double within few months.. Letz hope for the best..

Hay man,don't warry about banks & fin sector.wait till next week.See Milanka index,still record 7,230.35.It should go 8000.Financial reports are ready to publish.

Slstock · 7 Re: No more talks about the banking rally Fri Feb 11, 2011 1:40 am

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 13383
Reputation : 1158
Join date : 2011-01-22

ashlee wrote:I am lamenting bcz I bought LOLC after selling CARS..CARS shot up while LOLC is lower than what I bought it at ...

According to my ex adviser, current adviser and the experts of this group LOLC should double within few months.. Letz hope for the best..

Sometimes we get minor setbacks. Don;t fret yet hold on to LOLC.

Soundchips · 8 Re: No more talks about the banking rally Fri Feb 11, 2011 9:00 am

Soundchips

Senior Manager - Equity Analytics

Posts : 576
Equity Stars : 5555
Reputation : 138
Join date : 2011-02-05

mono wrote:look guys financial results are coming out and they all look good. it's only a matter of time

All banking and finance shares show early evidence of movement. Banking and Finance shares LCEYgroup and CINV GUAR type of investment oriented shares are moving up at the moment.