One of my takeaways from the recent budget announcement was that NRN will be investing in the Hydropower and Hotel sector of the stock market. Do you think this will lead to high growth in stocks from these sector?
Anyway I sold before the budget announcement and am planning to enter TRH and the other hotel scrips along with some other selected stocks (once my targeted price is reached, which could happen soon)
View on r/NepalStock by sockholder
Highlights:
- The NEPSE Index rises 2.56%, gaining 50.04 points to settle at 2,002.70.
- The NEPSE Index rises 12.43 points to close at 2,182.61.
- Nepal Stock Exchange (NEPSE) – A Short Introduction
- The NEPSE Index falls further 13.90 points, closing at 2,091.56.
- Taragaon Regency Hotel Reports Staggering 476.52% Surge in Net Profit for Q3 2079/80
only NRN trying to launder money will pobably invest.
even nepali take every opportunity to take money out and buy realestate there.
what is a reasonable entry price point for TRH if you have had some analysis?