Monday, October 27, 2014

H & B Development Bank

Rajesh Sharma
My comment on Jyoti Dahal ji's post on FB's Fundamental and Technical Analyisis

I think, H&B is a lead company in "high risk, high gain" group. If it could recover the bad loan and could settle the court case regarding manager's check issue, it will bounce back. And, if it will fail to do so, the company will continue to be in difficulty. NRB sounds convinced that from now on at least the deposit of the clients is safe. If it hands over the management to the new board elected by the AGM, the risk would be much less as it would show NRB's confidence on the new management of the company.

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