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No more talks about the banking rally

+2
Slstock
ashlee
6 posters

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

ashlee


Manager - Equity Analytics
Manager - Equity Analytics

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..

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

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

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

xmart
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

It is game of patient.

ashlee


Manager - Equity Analytics
Manager - Equity Analytics

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

mono
Vice President - Equity Analytics
Vice President - Equity Analytics

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

dimithri


Equity Analytic
Equity Analytic

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 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..


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

Slstock
Director - Equity Analytics
Director - Equity Analytics

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 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..

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

Soundchips


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

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.

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