Second Quarter Report of Insurance Companies & Some Others.

To be Continued................

Quarterly reports are often an important time for publicly traded companies because the earnings report may significantly affect the value of a company's stock. Stock value may increase or decrease according to the companies' good or poor quarter report. Mutual Fund, Investors and analysts often use data from different quarters to make comparisons and evaluate trends. They make buy or sell decision after analysis of reports published. Stock prices fluctuate wildly everywhere on any stock market when the quarterly earnings report is released.

It is time for publishing Second quarter (Q2) report of any financial institutions to report their performance. By analyzing quarterly reports, investors can begin to gauge the financial health of the company and determine whether it deserves their investment. 

Nepal Stock Update will regularly update the reports published by publicly traded companies to aware the investors about the companies' performance to determine if the company is consistently performing well.

Table 1: Second Quarter Report of Insurance Companies and Some Ohters; Nepal Stock Market Update

	Q2 Report	Banks	28	Finance	29	Insurance	22	Hotel	3
	Total No.	Dev Bank	49	Microfinance	28	Hydro	10	Others	4
S.N	173	Paid Up Capital (Q1)	Reserve & Surplus	Net '000'  Profit (Q1)		Increase	NPL	EPS	Net Worth	Up Dn Sign
	Insurance	Rs in '000'	Rs in '000'	This  Quarter	Corresponding Previous Q1	%	%	Annualized	Rs
1	Shikhar Insurance	817,668.30	203,269.90	180,166.01	101,184.71	78.05	-	44.07	196.13	Up
2	NB Insurance	270,000.00	93,540.00	31,210.00	13,154.00	137.26		23.12	106.67	Up
3	National Life Insurance	1,324,863.67	309,399.26	85,008.16	79,224.20	7.30		12.83	129.09	Up
4	Neco Insurance	324,043.00	147,625.00	73,355.00	33,408.00	119.57		45.26	212.45	Up
5	Himalayan General Insurance	385,200.00	74,882.00	40,352.00	34,353.00	17.46		10.48	193.36	Up
6	Lumbini General	390,000.00	131,090.00	78,882.00	28,227.00	179.45		39.43	209.19	Up
7	Prabhu Insurance	385,016.00	54,095.00	29,217.00	18,739.00	55.91		15.17	182.00	Up
8	Nepal Life Insurance	2,167,500.00	406,999.17	153,089.97	56,246.22	172.17		14.13	129.16	Up
9	Asian Life Insurance	671,327.70	292,008.28	20,858.98	15,332.33	36.04		6.21	143.50	Up
10	United Insurance	302,400.00	224,834.74	39,251.96	11,964.00	228.08		12.98	232.74	Up
11	Siddhartha Insurance	344,850.00	185,491.61	83,388.07	60,899.84	36.92		24.18	267.18	Up
12	Prime Life Insurance	488,160.00	737,825.00	36,151.00	68,230.00	(47.01)		14.81	251.14	Dn
13	Prudential Insurance	356,400.00	204,035.00	40,419.00	31,915.00	26.64		22.68	231.24	Up
14	Surya Life Insurance	500,000.00	175,396.00	(17,864.00)	6,226.00	(386.92)		(7.15)	138.09	Dn
15	Sagarmatha Insurance	538,292.00	130,877.00	65,667.00	32,239.00	103.68		12.20	220.32	Up
16	Nepal Insurance Co	287,608.00	143,822.00	37,829.00	20,974.00	80.36		13.15	177.25	Up
17	Everest Insurance	101,250.00	142,099.00	20,703.00	9,127.00	126.83		20.46	412.51	Up
18	NLG Insurance	512,325.00	77,702.00	73,747.00	50,706.00	45.44		28.79	219.35	Up
19	Rastriya Beema Company	124,440.00	1,949,683.00	261,636.00	135,287.00	93.39		210.25	2,542.02	Up
20	Premier Insurance	448,504.00	70,961.00	70,372.00	40,234.00	74.90		31.38	182.20	Up
21	Gurans Life Insurance	550,000.00	182,488.07	19,781.37	9,641.71	105.16		7.19	133.18	Up
22	Life Insurance Co.	1,069,453.12	189,671.86	9,659.93	32,604.54	(70.37)		0.90	117.74	Dn
	Capital Markets	Rs in '000'	Rs in '000'	This  Quarter	Corresponding Previous Q1	%	%	Annualized	Rs
1	NIDC Capital	233,564.00	237,913.00	54,504.00	84,183.00	(35.25)	2.78	23.34	201.86	Dn
	Hotels	Rs in '000'	Rs in '000'	This  Quarter	Corresponding Previous Q1	%	%	Annualized	Rs
1	Oriental Hotel	7,917.26	1,335.95	1,060.35	134.22	690.00	2.78	13.39	116.87	Up
2	Soltee Hotel	526,526.00	782,103.00	103,372.00	26,517.00	289.83		1.96	24.85	Up
3	Taragaon Regency	1,886,654.00	(14,164.04)	126,052.57	32,651.14	286.05		6.68	106.88	Up
	Hydro power	Rs in '000'	Rs in '000'	This  Quarter	Corresponding Previous Q1	%	%	Annualized	Rs
1	Sanima Mai Hydro	1,055,000.00	263,416.58	254,400.67	(19,271.72)	1,420.07	-	24.11	124.97	Up
2	Ngadi Group Power	486,868.00	39,124.50	15,941.98	14,199.76	12.26	-	13.10	108.04	Up
3	Chilime Hydropower	3,447,924.00	4,528,326.00	559,234.00	561,718.00	(0.44)		32.44	231.33	Dn
4	Arun Vally Hydro	848,193.00	28,451.29	25,558.72	31,376.31	(18.54)		6.03	103.35	Dn
5	Api Power	1,050,000.00	49,101.10	34,544.08	8,400.19	311.22		6.58	104.68	Up
6	Barun Hydro power	243,000.00	(39,506.80)	7,068.88	(12,599.96)	156.10		2.91	83.74	Up
7	Dibyshwori Hydro	264,000.00	(21,493.00)	(2,312.00)	(7,447.00)	68.95		(8.14)	91.86	Up
8	Ridi Hydro power	4,455,000.00	46,570.02	7,216.38	6,703.08	7.65		1.62	110.50	Up
9	Jalabidhyut Lagani	10,000,000.00	711,741.79	212,731.93	166,232.86	27.97		4.25	107.12	Up
10	Butwal power	1,692,116.00	2,243,952.00	130,975.00	81,863.00	59.99		7.74	232.61	Up
	Others	Rs in '000'	Rs in '000'	This  Quarter	Corresponding Previous Q1	%	%	Annualized	Rs
1	Himalayan Distrilary	385,645.50	196,707.58	32,806.20	(52,805.14)	162.12	-	8.51	151.01	Up
2	Uniliver Nepal	92,100.00	634,200.00	187,800.00	148,600.00	26.37	-	204.00	1,474.00	Up
3	NTC	15,000,000.00	78,817,872.20	7,918,659.60	7,256,418.41	9.12	-	105.58	625.45	Up

How Much will be the Cut off Price of Upcoming Auction Scripts including ADBL ?

Nepal Stock Market Update- Auction

All the investors normally try to acquire unclaimed shares below than market price. However, trend shows that few investors might bid above the market price. This is due to unaware of recent market price or with some blind mistakes otherwise, there is no logic to spend more money in auction than market price.  

Cutoff price for Banks, Development Banks, Finance and any other financial institutions depends upon the demand, interest of investors, goodwill and number of shares auctioning. Trend shows that cutoff price for commercial banks are higher than development banks and finance companies.

Agricultural Development Bank had auctioned more than 19.68 lakh units, which is the largest auction of unclaimed right shares of any company in Nepal.

Auctioning of some other companies' script are in pipeline.
Some of the companies' market price is already below than their cut off price of auctioned shares.

Latest Auction : MBL, Cut off price: 8.31% below than Closing Market Price

For the reference, here is a table of latest 13 companies' cut off price.

S.N	NAME	AUCTION				CLOSING PRICE OF MP	CUT OFF	MP/Cut off Price	ISSUE
		T. UNIT	OPENING	CLOSING	BID OPENING	ON AUCTION CLOSING DAY	PRICE	Less %	MANAGER
1	Araniko Dev Bank	51090	2017-01-23	2017-02-06	2017-02-07	370	186	-49.73	Siddhartha Capital
2	Triveni Bikas Bank	229143	2017-01-26	2017-02-02	2017-02-03	346	202	-41.62	Ace Capital
3	Sewa Bikas Bank	221607	2017-02-28	2017-03-06	2017-03-07	309	210.4	-31.91	NMB Capital
4	Seti Finance	66682.1	2017-02-22	2017-03-02	2017-03-05	160	127.02	-20.61	NIBL Capital
5	Muktinath Bikas Bank	103167	2017-01-25	2017-02-01	2017-02-03	760	613	-19.34	NIBL Capital
6	ADBL	1968575	2017-02-09	2017-02-23	2017-02-26	440	361	-17.95	Ace Capital
7	Manaslu Bikas Bank	46361	2016-12-26	2017-01-03	2017-01-04	500	431	-13.80	Prabhu Capital
8	United Finance Ltd	18253	2016-12-26	2017-01-09	2017-01-10	274	241	-12.04	United Finance
9	Siddhartha Bank ltd	158518	2017-01-24	2017-01-30	2017-01-31	896	812.5	-9.32	Siddhartha Capital
10	Miteri Dev Bank	42259	2017-01-10	2017-01-17	2017-01-19	490	445	-9.18	Prabhu Capital
11	MBL	323206	2017-03-10	2017-03-16	2017-03-17	355	325.5	-8.31	Civil Capital
12	Surya Life Insurance	20973	2016-12-27	2017-01-02	2017-01-03	691	653	-5.50	Laxmi Capital
13	Sagarmatha Finance	167144	2017-03-09	2017-03-15	2017-03-17	226	220	-2.65	Sagarmatha Finance