I don't think Bank of Sharjah (BOS) is Sharia compliant. Are you thinking of Sharjah Islamic Bank (NBS) (SIB)? Used to be called National Bank of Sharjah then converted to Islamic bank and changed name. Ticker is still NBS but it's more common to see SIB used when referring to it. _________________ UAE IPO list | posting guidelines
throughout the crisis, their share pare remained more or less constant, until lately, it has been falling ...
hi
dov
(1)bec of changing hands at market other relative stocks levels ex:(nbs)
(2)they might lost money in there last investment with bnp paribas bank.
play safe
lala _________________ its my opinion,money is your,s
as far as i know, the 2 banks have NOTHING in common.
yes, SIB, is rumoured to have taken a major hit with the real estate exposure, but if you compare the graphs of the 2 banks, you will see that BOS has been plummeting only lately, long after the SIB declice.
2nd, the Bnp paribas deal was to acquire a banking license in Lebanon. The deal was annouced as far back as last year, why is it being factored into the price now?
there is something bigger happening, the shares are trading unbelievably high. usual trading volumes were somewhere between 1 - 10 trades per day.
maybe the bank has problems of its own, liquidity for example, and insiders are acting on it.
maybe some big players are in need of cash and liquidating randomly..
yes, SIB, is rumoured to have taken a major hit with the real estate exposure, but if you compare the ...
dove
changing hands:one need money and second ready to invest at bargain
do u think in this crisis time its easy to find investor to invest in financial company?
why aldar,emaar,upp,dic,artc all running at similar p/e?there business way is different.
about bnp licensing i heard they invest with them too not only aquired license in lebanon,but i m not sure.
anyway,both nbs and bos have loan book of around 10 billions around sectors might be different,but if 10% payments default its means they were in deep problem.
in real all bank assets become half of its 6 months back value,
play safe
lala _________________ its my opinion,money is your,s
Some of the Sharja based real estate developers that operate also in other emirates are in big trouble. Maybe some related to the top percentage shareholders..
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot vote in polls in this forum
Disclaimer: Investing in stocks is risky, you can lose some or all of your money and/or other assets. Anything you read on this site should be regarded as the opinion of the author only and is not to be taken as advice to buy, sell, or hold stocks and/or any other investments. Seek professional advice and do your due diligence before making investment decisions. In particular, do not assume anything you read on this site is correct or accurate. You should accept that only you can be responsible for any investing decisions you make.
2008 FY
FAQ
Search
Print-friendly
Profile
Private messages
Register
Log in
