11th May, Friday. Vol-2.

Issue-110 MORNING QUOTE:

Never letting the competition define you. Instead, you have to define yourself based on a point of view you care deeply about. . -Tom Chappel

Top Headlines: Banda cripples life across the country. CA members, journos thrashed. Protestors cut 132 KV power line in Kailali. (Source: Republica) Madhesi, Janjati lawmakers unite for identity-based federalism. (Source: Republica) Government asks Investment Board to conclude West Seti deal. Investment Board to expedite stalled Power Development Agreement (PDAs). (Source: Kathmandu Post) NRB slaps prompt corrective action (PCA) to three finance companies Himalaya finance, Crystal Finance and Kuber Merchant Finance- as their capital adequacy ratio was below the regulatory requirement. (Source: Kathmandu Post) Bank profits projected to drop in Q3. Bankers have attributed the drop in profits to lack of investment opportunities amid excessive liquidity. (Source: Kathmandu Post) Lack of preparedness to blame for Seti havoc: Experts. (Source: Kathmandu Post) Auditors role in multiple tasks unethical. (Source: The Himalayan Times) Trade related activities up. Increase by 14.3% in 8 months. The countrys total trade was worth RS 337.94 billion, which is a significant increase from Rs 295.62 billion in the corresponding period of last fiscal year. (Source: The Himalayan Times) Reserve Bank of India decision makes Nepali currency stronger. (Source: Arthik Abhiyan) Share investors are making their investment safe. (Source: Arthik Abhiyan) CC struggles to prepare questionnaire. CA voting deferred till Friday. (Source: Republica) Banda leaves foreign tourist without food, water. Closure of banks, ATMs hits people. (Source: Republica) Nepse slide continues, market retreats 2% to end at 411.39 points. (Source: Republica) Nepal Airlines to have new MD in one and half months. The Public Enterprises Directorate Board has been rushing the process of selecting NACs CEO who will have full executive powers. (Source: Kathmandu Post) Kuwait okays $30m soft loan for Budhi Ganga. (Source: Kathmandu Post)

MARKET INFORMATION
As of 28th Baishak, 2069 Index NEPSE Sensitive Float Sen. Float NEPSE Sub-Indices Banking Trading Hotels Dev. Bank Hydropower Finance Insurance Others Current Points Change %Change

411.39 106.23 22.75 29.89

-8.38 -2.3 -0.669 -0.734

Current Points Change

-2 % -2.12 % -2 % -2.4 %
%Change

395.9 189.18 437.31 275.44 270.43 479.22 581.58

-11.78 -7.01 -0.38 -1.48 -1.2 -2.41 -5.88

-2.89 % -3.57 % -0.09 % -0.53 % -2.44 % -0.44 % -0.5 % -1 %

660.88 -16.51

Market Summary
Total Turnover Rs: Total Traded Shares Total Transactions Total Scrips Traded 153,894,314 645,026 2128 90

Total Market Capitalization Rs: 388,499.76 Millions Floated Market Capitalization Rs: 76,359.72 Millions

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International Business: Air India risks losing bailout as pilots agitate. (Source: Republica) China trade surplus widens in April. The country recorded a better-than expected surplus of $18.42 billion in April. (Source: Kathmandu Post) Super jet accident darkens Russian aviation dreams. (Source: Kathmandu Post) OPEC hikes World oil demand forecast. (Source: Kathmandu Post) Electronics giant Sony suffers record $5.7b loss. (Source: Kathmandu Post)

Source: www.negosida.com.np As of 28th Baishak, 2069

Current Issues:
Company
Kailash Bikas Bank Limited

Open Date
15th Baishak 2069

Close Date
1st Jestha, 2069

Premiu in Price
Rs 100

Issue Manager
Elite Capital Limited

Upcoming IPO:
Company
Tourism Development Bank Ltd

Open Date
7th Jestha, 2069

Close Date
10th Jestha, 2069

Close Date (Max)

21st Jestha, 2069

Issue Manager
NCM and Nagarik Lagani Kosh Gromore Merchant Banker Limited

General News: Nepal Derivative Exchange Limited (NDEX), to popularize the commodities market, has introduced the latest MT5 software for the 1st time in the country for Mock Trading. (Source: The Himalayan Times) Rupee depreciation to hurt imports. (Source: The Himalayan Times) Two foreign companies have invested in CG Cement project. (Source: Arthik Abhiyan) NRB questions 12 development banks for not issuing IPO shares on time. (Source: Nagarik Daily)

Gulmi Bikas Bank Limited

4th Jestha, 2069

8th Jestha, 2069

18th Jestha, 2069

Current Right Share:

Company
NLG Insurance Company Limited

Open Date
20th Baishak 2069

Close Date
24th Jestha, 2069

Ratio
2:1

Issue Manager
Civil Capital Market

Upcoming Issue: Kailash Bikas Bank Limited has extended its auction of 3,60,371 units promoter shares (later converted to ordinary shares) issue to the general public till 1st Jestha, 2069. (Source: Arthik Abhiyan)

FRACTION SHARE:
A share of equity that is less than one full share. Fractional shares usually come about from stock splits, dividend reinvestment plans and similar corporate actions. Normally, fractional shares cannot be acquired from the market. Fractional shares can be created in a situation where a company has a 3for-2 stock split. Suppose you have three shares of XYZ Corp. and XYZ has a 3-for-2 stock split. In this case, you should get an extra 1.5 shares, which would be 4.5 shares total. Normally, you can't buy half a share in the stock market, but in this case, you could end up with a fractional share.

AGM: Vibor Bikas Bank Limited has published its 4th AGM minute. (Source: Karobar Daily)

Financial Highlights: NCC Bank Limited has published its 14th AGM approved audited financial highlights of the fiscal year 2067/68. (Source: Rajdhani)

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Unaudited financial highlights as of 3rd quarter of the current fiscal year 2068/69: Company
Paid Up (Rs. In millions) Reserve (Rs. In millions) Net Profit/Loss (Rs. In millions) Operating Profit/Loss (Rs. In millions) NPL to total Loan(%) EPS (Rs.) PE Ratio (times) Net Worth Per Share (Rs.) Per Share total Asset Value (Rs.) Liquidity Ratio (%) Source Standard Chartered Bank Nepal Ltd. 1610.16 2917.65 850.04 1233.69 1 70.39 20.6 281.2 _ 9.5 Karobar Lumbini Bank Limited 1430 527.06 107.89 148.06 0.93 10.06 15.9 136.86 _ 29.42 Karobar Diprox Laghubitta Bikas Bank Ltd. 106.14 91.69 39.31 61.78 0.54 37.04 12.56 186.39 1484.86 27.44 Karobar Nepal Doorsanchar Co. Ltd. 15000 41839.76 10081.05 24862.77 _ 89.61 4.62 378.93 _ _ Gorkhapatra

Laxmi Bank Limited 1694.08 669.84 250.06 384.91 1.73 19.68 13.06 139.54 _ 25.28 Karobar

NIC Bank Ltd. 1311.55 950.34 263.55 412.09 1.16 26.79 15.68 172.46 _ 29.05 Naya Patrika

Company
Paid Up (Rs. In millions) Reserve (Rs. In millions) Net Profit/Loss (Rs. In millions) Operating Profit/Loss (Rs. In millions) NPL to total Loan(%) EPS (Rs.) PE Ratio (times) Net Worth Per Share (Rs.) Per Share total Asset Value (Rs.) Liquidity Ratio (%) Source

Clean energy Development Bank Ltd. 1088 126.44 48.26 65.19 2.24 4.44 31.56 110.51 630.93 54.36 Arthik Abhiyan

Gorkha Finance Limited 160.39 2.95 -12.06 -13.99 19.62 -8.27 -10.52 112.03 332.15 34.23 Arthik

Swastik Merchant Finance Co. Ltd. 114 9.84 3.75 5.89 0.43 3.29 31 107.64 379.97 51.43 Karobar

Infrastructure Development Bank Limited 713.53 76.26 26.98 37.8 1.95 3.78 28.57 110.69 348.85 40.59 Annapurna Post

Pashupati Development Bank Ltd. 663.17 56.05 19.34 30.4 5.77 3.89 0 108.45 219.9 74.33 Karobar

Standard Finance Limited 1001.88 122.46 22.05 33.71 2.78 2.93 32.72 112.22 406.27 35.72 Karobar

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Company
Paid Up (Rs. In millions) Reserve Net Profit/Loss (Rs. In Million) Operating Profit/Loss(Rs. In millions) NPL to total Loan(%) EPS (Rs.) PE Ratio(times) Net Worth Per Share Per Share total Asset Value (Rs.) Liquidity Ratio(%) Source

Taragaon Regency Hotels Ltd. 1886.54 -811.66 100.8

Subhechha Bikash Bank Ltd. 107.85 21.46 9.02

Narayani National Finance Ltd. 647.48 241.31 17.82

Purwanchal Grameen Bikash Bank Ltd. 60 -20.34 -26.53

Bhargav Bikas Bank Limited _ _ _

Lotus Investment Finance Limited 120 13.28 6.21

442.77 _ 6.02 12.29 63.25 160.92 0.33 Annapurna Post

14.17 2.72 8.37 13.62 119.9 1106.74 30.09 Annapurna Post

26.04 3.81 3.67 26.97 136.6 622.03 27.76 Annapurna Post

-25.67 5.52 -33.19 _ 66.09 1475.16 36.94 Nepal Samacharpatra

_ _ 5.26 21.11 102.09 341.88 61.27 Karobar

8.17 0.25 _ _ _ _ _ Karobar

Company
Paid Up (Rs. In millions) Reserve Net Profit/Loss (Rs. In Million) Operating Profit/Loss(Rs. In millions) NPL to total Loan(%) EPS (Rs.) PE Ratio(times) Net Worth Per Share Per Share total Asset Value (Rs.) Liquidity Ratio(%) Source

NLG Insurance Co. Ltd. 100 84.35 31.9

Nepal Insurance 375 122.61 182.12

Life

Nepal Insurance Co. Ltd. 102.68 127.21 24.16

NB Insurance Co. Ltd. 141.95 39.02 4.67

Lumbini General Insurance co. Ltd. 125 8.54 11.55

56.4 _ _ _ _ Arthik Abhiyan

212.54 _ 48.57 13.22 132.7 412.79 _ Karobar

44.42 23.54 14.7 242.28 829.53 _ Arthik Abhiyan

13.73 4.67 32.33 113.09 124.34 Nagarik Daily

21.17 9.24 10.17 134.96 363.47 Annapurna Post

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