14 December 2009
Y THE OBC IS TRADING AT VERY PE LOW RATIO WHCH IS 6-7 TIMES OF CURRENT YEAR EARNINGS. WHILE OTHERS BANKS R TRADING AT VERY HIGH 4 EXAMPLE BANK OF RAJ TRADING AT 9-10 TIMES. AND ICICI BANK N AXIS ND INDUSIND BANK N SBI N KOTAK N R ALSO TRADING AT VERY HIGH PE ... I BUY OBC @275 200 SHARES.... ANY ONE CAN TELL ME ABOUT Y THIS STOCK IS TRADING AT VERY LOW PRICE.????...........PLSSSSSSSS TELLLLLLLL
14 December 2009
When the expansion plans of a company are on cards; new plants become operative, foreign/technical tie-ups etc. are there, margins have improved; then p e ratios goes high.
BOB has no such plans. Whereas private banks are aggressive in growth plans.
The moment BOB management will awake; the prices of share will go up.
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