SRCS completed 179th batch of share training group

Stock Market News(2066/2/13)

• Lumbini Finance and Leasing Company published announcemen letter for right share issue. Issue opening date: 2066/2/31, No of issued share: 4 lakh 50 thousand, Issue closing date: 2066/4/4, Ratio: 2:1 Issue Manager: Ace Development Bank.
• Universal Finance extend right share issue date up to 2066/2/20.
• Civil Merchant Bittiya Sanstha also extend right share issue date up to 2066/2/20.
• Merchant Finance published AGM notice, Date: 2066/3/12, Book Close: 2066/2/28, Place: Russian Culture Center, Kamalpokhari, Time: 11am, Agenda: Annual report.
• Prime Bank had book closed on 2066/2/13 for share issue.
• Nepal Share Market book closes on 2066/2/31 for right share issue.

Stock Market News(2066/2/12)

• Navadurga Finance published announcement letter for right share issue. Issue open date: 2066/3/1, No of issued share: 5 lakh 47 thousand 1 hundred and thirty eight, Issue close date: 2066/4/4, Ratio:1:1.2, Issue Manager: NMB Bank.




• Navadurga Finance published book close date on 2066/2/19 for right share issue.




• Madhymanchal Gramin Bikas Bank had book closed on 2066/2/12 for share issue.



• Rastriya Beema Sansthan published AGM notice, Date: 2066/2/26, Book Close Date: 2066/2/11, Place: Nepal Prasasanik Pratisthan, Jawalakhel, Time: 9:30 , Agenda: Annual report of 2058/59 and 2059/60, 25% cash dividend and 25 % bonus share.

Stock Market News(2066/2/11)

• Lumbini Finance and Leasing Company published book close date on 2o66/2/19 for 2:1 right share issue.


• Infrastructure Development Bank started to distribute right share certificate from 2066/2/11.


• Nepal Investment Bank started to distribute right share certificate from 2066/2/10.

Stock market book

Stock market book

Book: Stock Market in Nepal

Writer: Rabindra Bhattarai

Publisher: Securities Research Center and Services (SRCS) P. Ltd.

Price:Rs 250

Contact: SRCS, Putalisadak Kathmandu, 4251880, 2003481, 016223072

• Securities Board of Nepal gave permission for Chilime Hydropower to issue 23 Lakh 4 thousand kitta share at Rs 323.70 premium.
• NIDC Capital Market published AGM notice, Date:2066/2/27, Book Close:2066/2/17, Place:Kamalpokhari,Ktm, Time:11am, Agenda: Annual report, 10:3 right share, 30 % bonus share.
• Patan Finance published book close date for 1:1 right share issue.

Stock Market News(2066/2/3)

• Standard Finance published book close date on 2066/2/10 for 1:5 right share issue.



• Excel Development Bank published book close date on 2066/2/12 for 1:3 right share.



• Infrastructure Development Bank allotted 24 lakh kitta right share.



• Hama Merchant and Finance published AGM notice, Date: 2066/2/22, Book Close: 2066/2/10, Place: Hotel Royal Singhi, Darbarmarg, Time: 4pm, Agenda: Annual report.

Stock Market News(2066/2/3)

Stock Market News(2066/1/29)

• Prime Bank published announcement letter for public issue. No of share issue : 30 lakh, Issue open date: 2066/2/10, Issue close date (early) : 2066/2/13, Issue close date (lately) : 2066/2/24, Minimum share to be applied: 50 kitta, Maximum share can be applied: 1 lakh kitta , Issue Manager: Citizen Investment Trust.


• Universal Finance extended right share issue date up to 2066/2/13.


• Narayani Development Bank published book close date on 2066/2/5 for 5:2 right share issue.


• Gorkha Bikas Bank published book close date on 2066/2/6 for 4:1 right share issue.


• Sunrise application form found on the street .

Stock Market News(2066/1/29)

• Nepal Development and Employment Promotion Bank book closes on 2066/2/6 for 2:1 right share issue.


• Central Finance also book closes on 2066/2/6 for 4:1 right share issue.

Khopa College Student with Rabindra Sir at Srcs training hall.

Forgein Exchange Assistant Director Pradeep Bhattarai at SRCS Investors' Club

SRCS and TVJ Nepal jointly organized one day workshop on banking issue to the TVs' Business Journalists

Stock Market News(2066/1/22)

• Nepal Bangladesh Bank is going to distribute right share certificate from 2066/1/27.


• Shikhar Bittiya Sanstha published AGM notice, Date: 2066/2/14, Book Close: 2066/2/4, Time:11am, Place: Nepal Prasasanik Pratisthan, Jawalakhel, Agenda: Annual report, 1:1 right share.

Stock Market News(2066/1/21)

SRCS share training starts from 2066/1/22.
SRCS completed 178 batch of share training .

• Madhya Paschimanchal Gramin Bikas Bank published announcement letter for public share issue. Issue opening date:2066/2/8, No of issued share: 3 lakh, Issue early closing date: 2066/2/12, Issue lately closing date:2066/2/22, Minimum share to apply: 50, Maximum share to apply: 1,50,000, Issue Manager: Nepal Finance.


• Professional Bikas Bank decrease its net profit by 166.47 in third quarter over corresponding quarter previous year.

Stock Market News(2066/1/15)

• Ace Development Bank book closes on 2066/1/25 for 1:0.64 right share issue.
  DCBL Bank book closes on 2066/1/21 for 2:1 right share issue.
  Ace Development Bank published announcement letter for right share issue. No of issued share: 29,28,640 kitta Ratio:1:0.64, Issue opening date: 2066/2/6, Issue closing date: 2066/3/9, Issue Manager: Elite Capital Market.
  NMB Bank published announcement letter for right share issue. No of issued share: 33 lakh, Ratio:10:3 , Issue opeining date:2066/2/4, Issuing closing date: 2066/3/7, Issue Manger: DCBL Bank.
  Prime Life Insurance published AGM notice: Date:2066/1/30, Place: Laxmi Complex, Hattisar, Ktm, Time: : 11am, Agenda: Annual Report, Amendment of memorandum of article.

Stock Market News(2066/1/14)

• Union Finance started to distribute right and 20% bonus share certificate from 2066/1/17.


• Nepal Awas Bikas Comapany started to distribute 20% bonus share certificate from 2066/1/15.


• Citizen Saving Certicate ''2070" s certificate is going to distribute from 2066/1/17.


• Nepal Investment Bank allotted 8lakh 30thousand 3 hundred 26 kitta right share on 2066/1/8.

Stock Market News(2066/1/13)

• NMB Bank increase its net profit by 5 % in third quarter over corresponding quarter previous year.
• Ace Development Bank increase its net profit by 180 % in third quarter over corresponding quarter previous year.
• Sanima Bikas Bank increase its net profit by 92% in third quarter over corresponding quarter previous year.
• Business Development Bank increase its net profit by 211% in third quarter over corresponding quarter previous year.
• Mahalaxmi Finance increase its net profit by 420 % in third quarter over corresponding quarter previous year.
• Chilime Hydropower is going to distribute 35% cash dividend from 2066/1/14.
• Sanima Bikas Bank is going to book close on 2066/1/21 for 1:1 right share issue .

Stock Market News(2066/1/11)

• Global Bank increase its net profit by 87.99 % in third quarter over corresponding quarter previous year.
• Citizen Bank increase its net profit by 67.17% in third quarter over corresponding previous year.
• NCC Bank decrease its net profit by 4.73 % in third quarter over corresponding previous year.
• World Merchant Banking and Finance increase its net profit by 129.15 % in third quarter over corresponding previous year.
• World Merchant Banking and Finance started to distribute 20% bonus share certificate from 2066/1/17.

Stock Market News(2066/1/10)

• Bank Of Kathmandu increase its net profit by 39.68% in third quarter over corresponding quarter previous year.


• Kasthmandup Development Bank increase its net profit by 266% in third quarter over corresponding quarter previous year.


• International Leasing and Finance Company increase its net profit by 25 % in third quarter over corresponding quarter previous year.


• Subhechha Bikas Bank increase its net profit by 203% in third quarter over corresponding quarter previous year.


• Everest Bank increase its net profit by 49.60 % in third quarter over corresponding quarter previous year.


• Gandaki Bikas Bank increase its net profit by 169.85 % in third quarter over corresponding quarter previous year.


• Prudential Finance Company increase its net profit by 147.30 % in third quarter over corresponding quarter previous year.

Stock Market News (2066/1/9)

• Biratlaxmi Bikas Bank started to distribute 10% bonus share from 2066/1/10 through NIDC Capital Market Ltd.
• World Merchant Banking and Finance book closes on 2066/1/16 for 1:1 right share issue.
• World Merchant Banking and Finance published announcement letter for 1:1 right share. Issue Open Date: 2066/1/29, No Of Issued Share: 7 lakh 20 thousand, Issue Closing Date: 2066/3/1, Issue Manager: NMB Bank.

Stock Market News(2066/1/8)

• Imperial Finance published announcement letter for 1:1 right share issue.Issue open date: 2066/1/28, No of share issued: 5 lakh, Issue close: 2066/2/31.
• Life Insurance Corporation starts to distribute 15% cash dividend from 2066/1/13.
• Sunrise Bank published announcement letter for ordinary share issue.No of shares issued: 37 lakh 50 thousand, Issue open date: 2066/1/20, Early Close Date:2066/1/23, lately Close Date: 2066/2/3, Minimum shares to be applied:50, Maximum shares to be applied:20 thousand, Issue Manager: NMB Bank ltd.

Stock Market News(2066/1/7)

• SRCS is going to start Share Market Basic Training from 2066/1/8, Day shift: 1-3pm.


• Nepal Srilanka Merchant Banking and Finance published AGM notice, Date: 2066/1/21, Book Close: 2065/12/31, Place: Russian Culture, Kamalpokhari, Time:11am, Agenda: Annual report, Amendment of memorandum .


• Imperial Finance book closes for 1:1 right share issue on 2066/1/13.


• Bhyali Finance published AGM notice, Date: 2066/1/30, Place: Head Office, Chakrapath, Time: 2pm, Agenda: Annual report, Amendment of memorandum of article.


• Api Finance allotted 18 lakh kitta ordinary share on 2066/1/7.

Stock Market News(2066/1/6)

SRCS completed 178 batch of share training .

Nabil Bank's Financial Manager Bhuwan Dahal at SRCS Investors' Club.

• Api Finance allotted 1 lakh 80 thousand kitta ordinary share on 2066/1/2.



• NMB Bank book closes on 2066/1/10 for 10: 3 right share issue .



• Nepal Bangladesh Bank allotted 1:1.5 right share .



• Siddhartha Bank started to distribute 15% bonus share certificate from 2066/1/8.



• National Finance also started to distribute 6 lakh 28 thousand kitta right share xertificate from 2066/1/4.



• Nepal Bikas Bank has book closed for 1:1 right share on 205/1/6.

Stock Market News(2065/12/31

• Citizen Bank international allotted ordinary share on 2065/12/28 and also started to distribute alloted slip from 2065/12/31.
• People's Finance started to distribute 1:2 right share certificate from 2065/12/31.
• Rastriya Sahakari Bank also started to distribute 6% cash dividend from 2064/65.
• Jyoti Bikas Bank published AGM notice, Date: 2065/1/21, Place: Nepal Pragya Pratisthan, Kamaladi, Time: 10:30am, Agenda: Annual report, 1:1 right share, Amendment of memorandum of article.
• Nepal Bangladesh Bank allotted 1:1.5 right share certificate .

New Book On Stock Market

Stock Market News(2065/12/25)

• I.ME Financial Institution started to distribute right share certificate from 2065/12/25.
• Prudential Finance started to distribute 9% cash dividend certificate from 2065/12/24.

SRCS Pustak Bimochan.

Share Ko Chaso

Stock Market News(2065/12/20)

SRCS completed 176th batch of share training .

• Shikhar Biitiya Sanstha listed 5 lakh kitta share on 2065/12/19 at Nepal Stock Exchange.


• Nepse increased by 0.91 points on 2065/12/19 as compared to previous day.

Share Dohori (A historic song on stock market)

Stock Market News(2065/12/18)

• Pashupati Development Bank listed 20 lakh kitta share on 2065/12/17 at Nepal Stock Exchange.
• Reliable Investment Bittiya Sanstha listed 8 lakh 25 thousand kitta share on 2065/12/17 at Nepal Stock Exchange.
• Global Bank listed 1 crore kitta share on 2065/12/17 at Nepal Stock Exchange.
• Nepse decreased by 4.08 points on 2065/12/7 as compared to previous day.

SRCS ex student gathering

SRCS's ex-student picnic program

Stock Market News(2065/12/16)

SRCS EX Student enjoying picnic programme at tribhuwan park , Thankot.

• Purbanchal Gramin Bikas Bank 6 00,000 kitta ordinary share, Everest Insurance 112,500 kitta bonus share, NMB Bank 10,00,000 kitta bonus share, Nepal Industrial and Commercial Bank 19,00,800 kitta bonus share and Himalayan Bank 20,27,025 kitta bonus share has been listed at Nepal Stock Exchange on last week.


• Nepal Awas announced to distribute 10% bonus share from 2064/65 profit.

Stock Market News(2065/12/9)

Notice:
SRCS is going to organise Ex-Student Picnic programme on 2065/12/15. It is informed to all SRCS Ex-Student to contact SRCS. Contact no: 014251880, 6223072.

• SRCS organized a discussion programme at SRCS training hall on friday with GM of Surya life Insurance Company.


• Nepal Telecome published AGM notice, Date:2065/12/30, Book Close: 2065/12/14, Place:Tribhuwan Armi Club, Tudikhel, Time:10am, Agenda:Annual Report, 25% cash dividend, Amendment of memorandum of article.


• Life Insurance Company announced to distributed 15% cash dividend from 2064/65 profit's.


• Loan Information Centre published AGM notice, Date: 2065/12/28, Place: Hotel Dela, Annapurna, Darbarmarg, Time: 4pm, Agenda: Annual Report, Amendment of memorandum of article.


• National Finance allotted 1:0.4 right share on 2065/12/2.


• Guyeshwori Merchant Banking and Finance started to distribute 18% bonus share certificate from 2065/12/3.

Stock Market News(2065/12/4)

Notice:
SRCS is going to organise Ex-Student Picnic programme on 2065/12/15. It is informed to all SRCS Ex-Student to contact SRCS. Contact no: 014251880, 6223072.

• Cosmic Merchant Banking and Finance published AGM notice, Date: 2065/12/21, Book Close: 2065/12/6, Place: Russian Culture Center, Kamalpokhari, Ktm, Time: 11am, Agenda: Annual report, 1: 1 right share, Amendment of memorandum of article.
• National Finance allotted 1:0.4 right share on 2065/12/2.
• Nepse has increased by 1.64 points on 2065/12/3 as compared to previous day.

Stock Market News(2065/12/3)

Notice:

• SRCS is going to organise Ex-Student Picnic programme on 2065/12/15. It is informed to all SRCS Ex-Student to contact SRCS. Contact no: 014251880, 6223072.

• Civil Merchant Bittiya Sanstha published AGM notice, Date: 2065/12/22, Book Close: 2065/12/10, Place:Business Park, Viva Hall, Teku, Ktm, Time: 9am, Agendas: Annual report, Amendment of memorandum of article.
• Guyeshwori Merchant Banking and Finance started to distribute 18% bonus share certificate from 2065/12/3.
• Nepse has increased by 2.03 points on 2065/12/2 as compared to previous day.

Stock Market News(2065/12/2)

Notice:

SRCS is going to organise Ex-Student Picnic programme on 2065/12/15. It is informed to all SRCS Ex-Student to contact SRCS. Contact no: 014251880, 6223072.

• Capital Merchant Banking and Finance published AGM notice, Date: 2065/12/7, Book Close:2065/12/10, Place : HeadOffice, Battisputali, Ktm, Time: 11am, Agenda: Annual report, 0.42% cash dividend and 8% bonus share.


• Union Finance allotted 7,16,115 units right shares out of 7, 25,153 units on 2065/11/24.


• Union Finance announced to distribute 20% bonus share from 2064/65 profit`s.

Stock Market News(2065/11/29)

• SRCS going to start Stock Market Basic training from 2065/12/3, Time: 1-3 pm, Place: Srcs Training Hall, Putalisadak, opposite to Shanker Dev Campus.


• Kumari Bank published AGM notice, Date: 2065/12/19, Book Close: 2065/12/3, Place:Rastriya Sabhagriha, Pradarsani marg, Ktm, Time: 10:30 am, Agenda: Annual report, 10% bonus share, 15% right share, Amendment of memorandum of article.



• People`s Finance distributed 10 lakh 14 thousand kitta right share on 2065/11/26.

Stock Market News(2065/11/26)

• Siddhartha Development Bank published AGM notice, Date: 2065/12/25, Book close: 2065/12/12, Place: Rupandehi Udhyog , Butwal, Time: 1 pm, Agenda: Annual report, Amendment of memorandum of article, 10 % cash dividend, 1:5 right share.



• Diprox Bikas Bank published AGM notice, Date: 2065/12/20, Book Close: 2065/12/13, Place: HeadOffice, Narayangadh, Chitwan, Time: 1pm, Agenda: Annual report, 25 % bonus share, 1:1.5 right share.



• Nepse has increased by 0.77 points on 2065/11/25 as compared to previous day.

• Neko Insurance listed 5 lakh 5o thousand kitta right share on 2065/11/25 at Nepal Stock Exchange.
• Samjhana Finance book closed for 1:1.25 right issue on 2065/11/25.
• Prudential Finance Company published AGM notice, Date: 2065/12/20. Book close: 2065/12/10, Place:Russian Culture Center, Kamalpokhari, Ktm, Time: 11am, Agenda: Annual report, 9% cash dividend, 1:2right share, Amendment of memorandum of article.

Stock market news (2065/11/23)

• Garima Bikas Bank published AGM notice, Date:2065/12/12, Place: Headoffice, Waling, Time:11am, Agenda:Annual report, Amendment of memorandum of article.
• Triveni Bikas Bank published AGM notice, Date:2065/12/14, Book Close date: 2065/11/27, Place: Udhyog Banijya Mahasang, Narayangad, Time:10am, Agenda: Annual report, 1:1 right share.
• Central Finance started to distribute 30% bonus share certificate from 2065/11/25.

Stock Market News(2065/11/21)

Stock Market News(2065/11/20)

• ICFC Bittiya Sanstha started to distribute 10% bonus share certificate from 2065/11/20 through Elite Capital Ltd.
• Triveni Bikas Bank decided to propose 1:1 right share on the upcoming AGM.
• Nepse has decreased by 2.6 points on 2065/11/19 as compared to previous day.

Stock Market Training in Pokhara

Investors are attending in class in pokhara at Golden Eye Academy.

SRCS and Golden Eye Academy jointly organized two days stock market training in pokhara. Stock market analyst Rabindra Bhattarai took class to the investors.

• Nepal Housing and Merchant Finance started to distribute 30% bonus share certificate from 2065/11/13.
• Annapurna Finance started to distribute 30 % bonus share from 2065/11/14.

Stock Market News(2065/11/14)

• NMB Bank started to distribute 10% bonus share from 2065/11/14.
• Navadurga Finance has published 12th AGM notice; Date:2065/12/7, Book Close:20-65/11/24, Place: Office headquarter, Etache, Bhaktapur, Time: 1pm, Agenda: Annual report, 1:1.2 right share, Amendment of memorandum of article.
• Lalitpur Finance started to distribute 50% bonus share from 2065/11/15.
• Everest Finance has published 6thAGM notice; Date: 2065/12/8, Book Close: 2065/11/24, Place: Pawan maitripath, Rupandehi, Time: 8am, Agenda: Annual report, Amendment of memorandum of article.
• Nepse has decreased by 8.18 points on 2065/11/13 as compared to previous day.

Stock Market News(2065/11/13)

Malika Bikas Bank announced to distribute 20 % bonus share from 2064/65 profit`s.
Nepal Housing and Merchant Finance started to distribute 30% bonus share certificate from2065/11/13.
Annapurna Finance started to distribute 30 % bonus certificate share from 2064/11/14.

Stock Market News(2065/11/11)

• Nepal Life Insurance Corporation published AGM notice, Date: 2065/12/3, Book Close: 2065/11/18, place: Rastriya Sabhagriha, Ktm, Time: 9am, Agenda:Annual report.
• Api Finance issue 180,000 units ordinary share from 2065/11/15. Its issue manger is NIDC Capitals Market.
• Kasthmandup Development Bank published AGM notice, Date: 2065/12/6, Place: Hotel, Himalayan, Lalitpur, Time: 4pm, Agenda : Annual report, Directors election.

Stock market news (2065/11/10)

• SRCS organized a discussion program at SRCS training hall on Friday with newly appointed GM of Citizen Investment Trust.


• Himchuli Bikash Bank started to distribute Bonus share certificate from 2065/11/11 from NIDC capital market Ltd


• Merchant Finance listed its 500000 shares in Nepal Stock Exchange Ltd on 2065/11/9.


• Clean Energy Development Bank listed its 3200000 shares in Nepal Stock Exchange Ltd on 2065/11/8.


• Tribeni Bikash Bank Ltd listed its 500000 shares in Nepal Stock Exchange Ltd on 2065/11/8.


• Ace Development Bank Ltd listed its 432432 units bonus shares in Nepal Stock Exchange Ltd on 2065/11/5.


• IME finance closed its 1:1 right shares from 2065/11/4.


• NRB listed 20000000 development bonds in Nepal Stock Exchange.


• NB insurance published AGM notice: date:2065/12/3, Book close: 2065/11/16, Place: Russian cultural center, kamal pokhari, time: 11 am, Agenda: annual report, 2:1 right share, Directors' election.


• National Life Insurance closed its book for 1:1 right share on 2065/11/16.

Stock Market News(2065/11/7)

• Sana Kisan Bikas Bank published AGM notice, Date:2065/11/30, Place: Bode, Bhaktapur, Time:10am, Agenda: Annual report, Amendment of memorandum of article.

Global Bank published AGM notice, Date:2065/11/29, Book Close:2065/11/15, Place:Birjung, Parsa, Time:10 am, Agenda: Annual report, Amendment of memorandum of article.

Stock Market News (2065/11/6)

• Nepal Lube Oil published AGM notice, Date:2065/11/30, Book Close: 2065/11/13, Place: Pokharagrand Hotel, Pokhara, Time: 12pm, Agenda: Annual report, 15% cash dividend.
• National Hydro power distributed 1:1 right share on 2065/10/26.
• Corporate Development Bank published AGM notice, Date: 2065/11/25, Place:Adarshanagar, Birjung, Time: 11:30 am, Agenda: Annual report, Amendment of memorandum of article.
• Swabalambhan Bikas Bank distributed 1:1.4 right share on 2065/11/2.
• IME Financial Institution closes its right share issue from 2065/11/4.

15 Points to Look for in a Common Stock

• Does the company have products or services with sufficient market potential to make possible a sizeable increase in sales for at least several years?
• Does the management have a determination to continue to develop products or processes that will still further increase total sales potentials when the growth potentials of currently attractive product lines have largely been exploited?
• How effective are the company's research and development efforts in relation to its size?
• Does the company have an above-average sales organization?
• Does the company have a worthwhile profit margin?
• What is the company doing to maintain or improve profit margins?
• Does the company have outstanding labor and personnel relations?
• Does the company have outstanding executive relations?
• Does the company have depth to its management?
• How good are the company's cost analysis and accounting controls?
• Are there other aspects of the business, somewhat peculiar to the industry involved, which will give the investor important clues as to how outstanding the company will be in relation to its competition?
• Does the company have a short-range or long-range outlook in regard to profits?
• In the foreseeable future, will the growth of the company require sufficient equity financing so that the larger number of shares then outstanding will largely cancel the existing stockholders' benefit from this anticipated growth?
• Does the management talk freely to investors about its affairs when things are going well but "clam up" when troubles or disappointments occur?
• Does the company have a management of unquestionable integrity?

Participate in stock market training

Where is the stock market headed?

Stock Market Training

Stock Market Training
SRCS is going to start a new training group from coming Monday, 5th Falgun 2065 (16th February 2009).
Time: 1 to 3 pm
Duration: 7 days
Materials: one stock market book free
Fee: Rs2000
Qualification: no required
Trainer: Rabindra Bhattarai
Contact: 4251880, 016223072, 2003481

Stock Market News (2065/10/29)

• Nepse has decreased by 3.67 points on 2065/10/28 as compared to previous day.
• United Finance started to distribute 10% bonus share certificate from 2065/10/29.
• Siddhartha Development Bank has been allowed for 1:5 right share issue by Securities Board of Nepal .

Stock Market News(2065/10/28))

• Securities Board of Nepal provide license to Nepal Finance and Citizen Investment Fund for working as share registration and issue manager .
• Nepse has decreased by 2.89 points on 2065/10/27 as compared to previous day.
• Araniko Development Bank starts to issue 1:2.8 right share from 2065/11/16.

Stock Market News (2065/10/27)

• Bhaju Ratna Finance and Saving published AGM notice, Date:2065/11/18, Book Close: 2065/11/15, Place: Hotel Makalu, Birjung, Time:11am, Agenda:Annual report, Amendment of memorandum of article.
• Nepse has increased by 13.31points on 2065/10/26 as compared to previous day.

Stock Market News (2065/10/23 to 26))

• Gaidakot Development Bank published AGM notice, Date: 2065/11/17, Place: Hoteleyeland, Bharatpur, Time: 10am, Agenda: Annual report, Amendment of memorandum of article.
• Yakanyati Hotel published AGM notice, Date: 2065/11/19, Book Close: 2065/10/26, Place: Company Register Office, Laldarbar, Darbarmarg, Aggenda: Annual report, Amendment of memorandum of article.
• Bageshwori Development Bank closes its 2:1 right share issue from 2065/10/26.
• Bank Of Asia started to issue 30 lakhs kitta public share from 2065/10/27.
• Citizen International Bank started to issue 30 lakhs kitta public share from 2065/10/26.

How transparent are our financial institutions

Study reveals a yawning gap in profit and loss ratio in the non-audited and audited reports:
Going by the popular perception, financial institutions dominate the domestic secondary market because they are considered more transparent than any other.That’s precisely why investors swear by them. However, not before checking the non-audited reports of the institutions, as they are published ahead of the annual general meetings.But that’s where the cookie crumbles. There is a huge difference between non-audited reports as opposed to theaudited ones, which are usually published after almostsix months.For instance, there is a significant 33.49 per cent gap in the non-audited and audited accounts of a bank, as evident in the fourth quarterly report of fiscal year 2007-08. The anomaly lies in the net profit.“As per the non-audited report, the bank in question posted a profit of Rs 1,27.824 million. But, the audited document reveals that it has raked only Rs 85.016 million in profit during the year. The difference is a staggering 33.49 per cent,” stated a recent report, compiled by Securities Research Centre and Services (SRCS).Radhesh Pant, president, Nepal Bankers’ Association (NBA), attributed the deviation to the fundamentals of loan-loss provision.“At times, a bank may think that loan is either good or entails a medium risk. But, Nepal Rashtra Bank, the regulatory authority, may think otherwise. That leads to the gaping holes in the profit sheet,” reasoned Pant.Of the 25 commercial banks, the SRCS has compared the non-audited and audited reports of 19 commercial banks.According to the NRB’s directives, all financial institutions — commercial banks, development banks, finance companies and others — are obliged to publish their non-audited balance sheet immediately after the end of the fiscal. The move aims to maintain transparency in the financial sector, which, in turn, boosts investors’ confidence.Buoyed by the data, an investor decides to buy or sale shares of the institution since the audited report takes a far longer time to be made public.Commercial banks — the secondary market propeller — follow NRB’s directives,albeit, notionally. Usually,the cat is out of the bag bythe end of fourth quarter and audited report.Consider this: A report suggests that one of the commercial banks, which is preparing to float Initial Public Offer (IPO), has posted loss in its non-audited report. But, the audited one, the quantum of loss has multiplied manifold.“The bank has shown a loss of Rs 135.72 million in itsnon-audited report. But in the audited one, the loss has climbed up to a whoppingRs 272.08 million. The variation stood at 100.47 per cent,” added the report.All, however, are not guilty of cooking the book.Reputed ones like Standard Chartered Bank Nepal, Everest Bank and Citizens Bank International have a nominal difference in their non-audited and audited reports. In fact, records reveal that their net profit has increased and gone up in the audited report.Standard Chartered Bank Nepal’s net profit rose by Rs 45.52 million. Similarly, Everest Bank’s net profit increased by Rs 10.95 million.
Kuber Chalise (THT)

Stock Market News (2065/10/21)

Nepal Bikas Bank started to issue 1:1 right share from 2065/11/8.
Nepse has decreased by 20.32 points on 2065/10/20 as compared to previous day.

Stock market news (2065/10/20)

• Butwal finance started to distribute 18.75% bonus share certificate from 2065/10/20.
• Samjhana Finance started to issue 1:1.25 right share from 2065/10/20.
• Unique Financial Institution starts to issue 1:1 right share.
• Nepal Rastrya Bank suspended to distribute 25% bonus share for Nepal SBI Bank.
• Life Insurance Corporation (LIC) announced to distribute 15 % bonus share .
• Nepse has decreased by 20.32 points on 2065/10/19 as compared to previous day.

Stock Market News(2065/10/17 to 19))

• Nepal Investment Bank start to issue 2:1 right share from 2065/11/6.
  Kaski Finance published AGM notice, Date:2065/11/10, Book Close:2065/10/24, Place: Hotel Fewa Prince, Pokhara, Time:9am, Agenda:Annual report, 1:2 right share, Amendment of memorandum of article.
  People`s Finance closes its right shares issue on 2065/10/17.
  Pokhara Finance extended right share issue to 2065/11/2.
  Nepal Bikas Bank book closes for 1:1 right share issue on 2065/10/28.

Stock Market News (2065/10/14)

• Nepse has increased by 29.17 points on 2065/10/13 as compared to previous day.
• Nepal Life insurance announced to distribute 4:1 right share.

Stock Market News (2065/10/13)

• Birjung Finance started to distribute 17.5 % bonus share certificate from 2065/10/17.
• Diyalo Bikas Bank published AGM notice, Date:2065/11/10, Place:Club Himalayan, Nagarkot, Time:10am, Agenda:Annual report, Amendment of memorandum of article.
• Far Western Development published AGM notice, Date:2065/11/10, Place:Central office, Dhangadi, Time:8am, Agenda: Annual report.
• Pashupati Development Bank started to distribute share certificate from 2065/10/13.
• Guyeshwori Merchant Banking and Finance distribute certificate of 10% bonus share of 2062/63 and 12 % bonus share of 2063/64.
• Nepse has increased by 6.69 points on 2065/10/12 as compared to previous day.

Rabindra Bhattarai with Rewat Bdr Karki

SRCS Chairman Rabindra Bhattarai with former Nepse GM Rewat Bdr Karki.

Investors Club

Former GM of Nepal Stock Exchange, Mr. Rewat Bdr Karki discussing about recent movement of stock market with investors club members and economic journalists at SRCS training hall.in the program he said taht NRB and government are in a mood to finish the Nepalese stock market.

• Nepal Express finance published published AGM notice. Date: 2065/10/27, Book close:2065/10/13, Place:Hotel arkid, Tripureshwor, Ktm, Time:10am, Agenda:Annual report, Right share, Amendment of memorandum of article.
  Butwal Power Company started to distribute 30% cash dividend from 2065/10/8.
  
• Kathmandu Finance published AGM notice. Date: 2065/10/29, Book close: 2065/10/13, Place:Rastriya Sabhagriha, Ktm, Time:11am, Agenda: Annual report, 3:1 right share, Amendment of memorandum of article.
• People`s Finance published AGM notice. Date:2065/11/14, Book Close:2065/10/22, Place:Staff College, Jawalakhel, Time:11am, Agenda: Annual report, 20% bonus share, 1:2 right share, Amendment of memorandum of article.
• Mahalaxmi Finance started to distribute 20% bonus share certificate from 2065/10/8.
• laxmi Bank listed 3 lakh 50 thousand kitta debenture on 2065/10/5 at Nepal Stock Exchange.
• Srijana Finance published AGM notice. Date:2065/10/25, Place:Udhyog Banijya Mahasang,Rajbiraj, Time:11am, Agenda:Annual report.
• kuber Merchant Bittiya Sanstha published AGM notice. Date:2065/10/24, Book close:2065/10/10, Place:Russi Science and Culture Center, Kamalpokhari, Time:10:30am, Agenda: Annual report, Right share, Amendment of memorandum of article.
• Solti Hotel started to distribute 11.05 % cash dividend from 2065/10/6.

SRCS Investors Club

Mr. Mao Rai, newly elected director of Sagarmatha Merchant Banking and Finance Ltd and SRCS ex-student discussing with SRCS investors club members.

SRCS Investors Club

Investors in SRCS Investors Club discused with the newly elected director of Sagarmatha Merchant Banking and Finance Limited and he is the ex-student of SRCS. SRCS family and all the students in SRCS congratulates him and wishes him a successful tenure.

Stock market news (2065/10/2)

• Guyeshwori Merchant Banking and Finance listed its right share at Nepal Stock Exchange.
• Siddhartha Bank started to distribute ''Bond 2072'' certificate from 2065/10/2.
• Prabhu Finance announced to issue 2:1 right share .
• Nepal Stock Exchange suspended trading of Infrastructure D evlopment Bank for not presenting the clear report for right share issue.
• Guyeshwori Merchant Banking and Finance announced to distribute 18% bonus share from 2064/65 profits.
• Fewa Finance announced to distribute 30% bonus share from 2064/65 profit.
• Sagarmatha Merchant Banking and Finance announced to issue 1:1.5 right share.
• Lumbini Finance announced to distribute 33% bonus share from 2064/65 profit.
• Nepal Finance announced to distribute 50 % bonus share from 2064/65 profit.

Stock Market News (2065/9/29)

• Nepse has decreased by 3.62 points on 2065/9/28 as compared to previous day.
• Business Development Bank published AGM notice. Date: 2065/10/24, Book close: 2065/10/10, Place: Hotel Pokharagrand, Birauta, Pokhara, Time:9am, Agenda: Annual report, 1:2.1 right share, Amendment of memorandum of article.
• Lord Buddha Financial Institution published AGM notice, Date;2065/10/29, Book Close:2065/10/12, Place: Marwadi Sewasadan, Newroad, Ktm, Time:11am, Agenda: Annual report, Amendment of memorandum of article.
• Srilanka Merchant Banking and Finance closes 1:2 right issue from 2065/9/29.
• Bageshwori extended its right share issue upto 2065/10/25.
• Siddhartha Finance started to distribute bonus share certificate from 2065/10/3.

Stock Market News(2065/(9/28)

SRCS to start Stock market basic training from 2065/10/2(thursday), time:11am to 1pm.

• Himalayan Bank started to distribute 20% bonus share certificate from 2065/9/25.
• Patan Finance published AGM notice. Date:2065/10/15, Place: Staff College, Jawalakhel, Time: 11am, Agenda: Annual report, Amendment of memorandum of article.
• Machhapuchre announced to distribute 12.5 % bonus share.
• Srijana Finance closes 1:1 right share issue from 2065/9/28.
• Gorkha Bikas Bank announced to issue 25 % right share .
• Sahayogi Bikas Bank announced to distribute 20 % bonus share from 2064/65 profit.
• Nirdhan Utthan Bank started to distribute 26.70 percent bonus share certificate from 2065/9/28.
• Nepal Development and Employment Promotion Bank announced to issue 2:1 right share.
• Nepse has increased by 0.02 points on 2065/9/27 as compared to previous day.
• Government has appointed Mr. Shanker Man Singh in the post of General Manager of NEPSE.

Stock market training and news

• Stock market training: SRCS is going to start a new group of stock market basic training from 2065-9-28 (Monday). Time: 1 pm to 3 pm
• Nepal Bngaladesh Bank closes its 1:1.5 right issue from 2065-9-28 .

Stock Market News(2065/(9/22)

• Kaski Finance appointed Elite Capital for its share register.
• Nepse decreased by 5.24 points on 2065/9/21 as compared to previous day.
• Siddhartha Bank announced to distribute 15 % bonus share and 2:1 right share .

Stock Market News(2065/(9/21)

• Nepse increased by 2.4 points on 2065/9/20 as compared to previous day.


• Butwal Power Company announced to distribute 30 % bonus share from 2064/65 profit.


• Nepal Srilanka Merchant and Banking Finance extended right share issue date to 2065/9/29.

Stock Market News(2065/(9/18 to 20)

• Alpine Development Bank published AGM notice.Date:2065/10/11, Place: Hetuada, Time:1:30pm, Agenda:Annual report, 1:1 right share, Amendment of memorandum of article.
• Nepal Awas Bikas Bitta Company listed its right shares on 2065/8/16 at Nepal Stock Exchange.
• Kaski Finance listed its shares at Nepal Stock Exchange.
• People's Finance extended right share issue date to 2065/10/17.
• Global Bank started to distribute share certificate from 2065/9/20.
• Mahalaxmi Finance announced to distribute 10% cash dividend .
• Nepal Development and Employment Promotion Bank published AGM notice. Date: 2065/9/27, Book Close: 2065/9/14, Place: Rastriya Nacchaghar, Jamal, Ktm, Time:10am, Agenda: Annual report, Amendment of memorandum of article.