*Can you all expect banking giants & the most capitalized companies in CSE to trade these attractive price levels in ASI 6000+++ market.
*No it will not happen & share prices of banks surely will adjust to it's true values sooner than later.
*These sector has now become the most under valued sector in CSE.
*It's over to you to take the decision....
*Banks shares are the most beaten down shares during Yahapalana Govt time, during COVID time & so on. But yet to recover to it's true potential levels.
*Last 4Q profits figures of few of major banks...
*Banking shares should not trade these levels for sure.
*Don't sell your banking shares at loss or discount to the trading prices.
*Banking shares are massively discount to the overall market now.
*These share prices of banks should adjust to their fair values very soon.
*This is not accepted coz banks are the blood of the economy of any country. If we are expecting an economic development then banks should be in the front line & lead the CSE.....
*Hope market will identify the values of banking shares sooner than later.