NATIONAL DEVELOPMENT BANK PLC (NDB.N0000)

shihan 93 · 1 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Mon Jan 04, 2021 12:43 pm

shihan 93

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@shihan 93 wrote:NDB run will happen very soon, with the lowest RSI and few thing coming to right place, a investor will have a great benefit. Prediction 100+ within 3 months

When I said it was 74, came to 85 and due to credit rating downgrade of all banks by Moody's, Fitch and S&P went down to 77-78. I'm not sure it will touch pass 100 in two months time. But what I sure is with improving credit rating as well as NDB right issue this will pass 100. Sorry to modify my prediction, but this is first time and in financial markets all is uncertain

Kevinmikegrit · 2 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Sun Nov 29, 2020 9:21 pm

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They didn't even decide on a XD date for the rights issue when they first announced it, so I think there will be a mojor overhaul on the process with the price and ratios being changed. Which will mean the price might go down a little bit due to investors getting frustrated.

Love Boy · 3 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Sun Nov 29, 2020 9:14 pm

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The thing is this, Company management is not practical. They do not know about investors satisfaction. I think, they are going to show it second time. Rs.75 is the fair value for the company. But, they do not know, it is not reasonable for such RI. What to do? This clearly, Shows difference between educated person and practical person.

KingKong · 4 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Sun Nov 29, 2020 8:56 pm

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@Kevinmikegrit wrote:I am not happy how the company was run for tha past few years, especially when they paid handsome dividends and went for right issues right after that. They could have skipped the dividends and invested that funds into the company.

How would the RI go since the share is traded below the Right's price?

Kevinmikegrit · 5 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Sun Nov 29, 2020 8:56 pm

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Also they used to have the best rates for customer retention and credit defaults and all of it started falling apart in the past few years.

Kevinmikegrit · 6 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Sun Nov 29, 2020 8:52 pm

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I am not happy how the company was run for tha past few years, especially when they paid handsome dividends and went for right issues right after that. They could have skipped the dividends and invested that funds into the company.

KingKong · 7 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Sun Nov 29, 2020 8:45 pm

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@Kevinmikegrit wrote:If you need to collect NDB please do it without hiking the price, because I am collecting at a decent price. Seriously this is a good share and can double the price in a year or two, but I'm not happy about the management or the fact that there will be no dividend this year. Also the banking sector will take at least 6 - 12 months to rally. So if you have cash to put on hold then no worries. I personally have locked in 15% of my portfolio in the sector.

Not a recommendation to buy or sell, do your own research before purchasing or selling.

Dividends were cancelled as per the regulation of CBSL as far as I know.
What about their management? https://www.dailynews.lk/2020/10/07/finance/230749/ndb%E2%80%99s-dimantha-seneviratne-wins-best-banking-ceo-award

Kevinmikegrit · 8 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Wed Nov 25, 2020 6:29 pm

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If you need to collect NDB please do it without hiking the price, because I am collecting at a decent price. Seriously this is a good share and can double the price in a year or two, but I'm not happy about the management or the fact that there will be no dividend this year. Also the banking sector will take at least 6 - 12 months to rally. So if you have cash to put on hold then no worries. I personally have locked in 15% of my portfolio in the sector.

Not a recommendation to buy or sell, do your own research before purchasing or selling.

SANJAYANM · 9 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Wed Nov 25, 2020 4:20 pm

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NDB will move after right issue

shihan 93 · 10 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Wed Nov 25, 2020 2:25 pm

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NDB run will happen very soon, with the lowest RSI and few thing coming to right place, a investor will have a great benefit. Prediction 100+ within 3 months

Junior investor · 11 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Fri Oct 30, 2020 6:21 pm

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if market stagnation persists then NDB price would stay around 70 tof 80 until the bull run happens i think.

Saraka · 12 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Fri Oct 30, 2020 5:41 pm

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What will be after the right issue?? Any prediction?

කොටස් වෙළඳපොළ2020

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NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) 12234710

SUSPENS · 14 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Thu Jun 11, 2020 9:29 pm

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foreign selling ??????????

Teller · 15 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Thu Jun 11, 2020 9:17 pm

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Every thing is ok except one thing . But thats the very important thing to decide the price .

ResearchMan · 16 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Wed Jun 10, 2020 11:23 am

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Follow wall street appt for fair value. Be fearful and greedy too.

sameera_cds · 17 What will happen NDB on Wed Jun 10, 2020 10:49 am

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anybody have an idea about NDB?

Junior investor · 18 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Fri Feb 28, 2020 2:39 pm

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can NDB go below 90 or even 80? should I wait to buy more

ThilinaM · 19 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Thu Feb 27, 2020 1:09 pm

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@JUNIOUR - wait at least 3 months. immeadiately after ex div date price will drop to 89-90.
and gradually will increase again to 115 range. then sell !!!

Junior investor · 20 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Thu Feb 27, 2020 12:41 pm

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I bought @ 96 couple of days ago

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NATIONAL DEVELOPMENT BANK PLC (NDB.N0000)

1 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Mon Jan 04, 2021 12:43 pm

shihan 93

2 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Sun Nov 29, 2020 9:21 pm

Kevinmikegrit

3 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Sun Nov 29, 2020 9:14 pm

Love Boy

4 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Sun Nov 29, 2020 8:56 pm

KingKong

5 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Sun Nov 29, 2020 8:56 pm

Kevinmikegrit

6 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Sun Nov 29, 2020 8:52 pm

Kevinmikegrit

7 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Sun Nov 29, 2020 8:45 pm

KingKong

8 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Wed Nov 25, 2020 6:29 pm

Kevinmikegrit

9 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Wed Nov 25, 2020 4:20 pm

SANJAYANM

10 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Wed Nov 25, 2020 2:25 pm

shihan 93

11 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Fri Oct 30, 2020 6:21 pm

Junior investor

12 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Fri Oct 30, 2020 5:41 pm

Saraka

13 '''''''''''''''''''''''''''''''''''NDB.N '''''''''''''''''''''''''' on Sat Oct 24, 2020 7:29 pm

කොටස් වෙළඳපොළ2020

14 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Thu Jun 11, 2020 9:29 pm

SUSPENS

15 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Thu Jun 11, 2020 9:17 pm

Teller

16 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Wed Jun 10, 2020 11:23 am

ResearchMan

17 What will happen NDB on Wed Jun 10, 2020 10:49 am

sameera_cds

18 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Fri Feb 28, 2020 2:39 pm

Junior investor

19 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Thu Feb 27, 2020 1:09 pm

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20 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) on Thu Feb 27, 2020 12:41 pm

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21 Re: NATIONAL DEVELOPMENT BANK PLC (NDB.N0000)

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