Central Bank of India

Hold or Sell

Posted by : praveenrpraj

I have bought 60 Central Bank shares via IPO @ 102 and now the price is 46 . how long sholud I wait for the price to correct

Hold or Sell

Posted by : praveenrpraj

I have bought 60 Central Bank shares via IPO @ 102 and now the price is 46 . how long sholud I wait for the price to correct

Central Bank - Mint at Short Term

Posted by : joyal dsouza

I agree with DabasBull
central Bank of India
tgt: 58-65

buy central bank

Posted by : mukut

Union bank was in similar situation as CBI now. Union bank was posting good result but stock price was low for long time. CBI is alos posting good results and conservative banks managing NPA better than private banks. It is posting more than Rs650 crore profit every year. Divident is consistent and more than bond yield. Results not fluctating but consistent and growing. Central bank has started new business division like credit cards last month. It has launched normal, gold, platinum credit carst. It has entered in mutual fund distribution for Kotak and starting insurance. Second largest branch network after SBI will help CBI to get good respones for distribution of MFs, Insurance
Profit is likely to go upto 2000crore from Rs650 crore within 2-3yrs.
Market has given good chance to enter at low level and should not be missed. It will give minimum 20% return yoy for next 5-10yrs.
I have been investing in psu for last 6yrs. I have go almost 20% return in PSU banks so far.

Central Bank should be preferred over SBI and BOB because they fully priced currently. But CBI is available at discounted price due to MTM adjsutment in last 2qtr.

CBI will not be available at discounted rate after q3 and q4 results.
I am currently accumulating cash rich, debt free and divident yield is equal to bond return. Lots of stock is also giving dividend yield but their performance is not consistent.

buy central bank

Posted by : mukut

Union bank was in similar situation as CBI now. Union bank was posting good result but stock price was low for long time. CBI is alos posting good results and conservative banks managing NPA better than private banks. It is posting more than Rs650 crore profit every year. Divident is consistent and more than bond yield. Results not fluctating but consistent and growing. Central bank has started new business division like credit cards last month. It has launched normal, gold, platinum credit carst. It has entered in mutual fund distribution for Kotak and starting insurance. Second largest branch network after SBI will help CBI to get good respones for distribution of MFs, Insurance
Profit is likely to go upto 2000crore from Rs650 crore within 2-3yrs.
Market has given good chance to enter at low level and should not be missed. It will give minimum 20% return yoy for next 5-10yrs.
I have been investing in psu for last 6yrs. I have go almost 20% return in PSU banks so far.

Central Bank should be preferred over SBI and BOB because they fully priced currently. But CBI is available at discounted price due to MTM adjsutment in last 2qtr.

CBI will not be available at discounted rate after q3 and q4 results.
I am currently accumulating cash rich, debt free and divident yield is equal to bond return. Lots of stock is also giving dividend yield but their performance is not consistent.

buy central bank

Posted by : vkk43

Union Bank working was excellent and hence this rise. Similarly, in case of CB if working is as per yr figure, this share should go up sharply from current level. thnx.

buy central bank

Posted by : mukut

I am positive about this banks. Advance tax number is excellent for q3. Last year all brokers, analyst, stock market pundits derated Union Bank of india and it was trading around 80-100 when sensex was 14000-15000 range. But same banks is trading at 165 and heading towards 220-250.
People should remember recent subprime and avoid private banks because pvt banks will be in same situation. Private banks are very aggressive toward bad loan approvals where as PSUs very conservative towards loan.
This is goldmine for short and long term.

buy central bank

Posted by : rupesh711in

buy central bank crossing 50 days moving avg very short term trgt.60/62

buy central bank

Posted by : vkk43

Central Bank could give decent profits if its advance tax figure is any indication.

buy central bank

Posted by : rupesh711in

buy central bank crossing 50 days moving avg very short term trgt.60/62