My conversation (on messenger) with a friend this morning. My persprctive is as below.
1. About Everest Insurance Company
For investors, it is not a company to invest in. But for traders, they follow the trend and buy and sell at high also. As investor, I am not ready to buy even at much lower price.
2. Nepse Index
Dividend declaration could be a major factor that could take Nepse up but may not go quite high. I am expecting around 1680 by the end of Bhadra.
3. Low EPS and over supply of shares
Eps is reasonable as price of a share unit has gone down. Over supply is a factor that influenced the price fall heavily.
4. Online Trading/Broker licence to banks
On line trading may be there by January/February. But, I do not see that will bring see-change in increasing the volume. That will be most comfortable for us with all information, technology and equipment on hand. Broker licence to banks also may have nominal impact on volume.
5. Not Company's performance but other secondary factors drive the market
Yes, the market is at its infancy and a few try to drive with some fancy ideas or money or tantrums.
6. Market maturity
Politics has done tremendous harm. May be now it is time for political stability after the election and it will provide level playing fields to all institutions and professionally specialized areas to grow.
Note: Nominally edited
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