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yup but seems we are going to see new lows before bouncing back.. what about cash soon we need financing and dilution.. hopefully there shouldn’t be reverse split as we are on otc jmho gl
italy news lowering stocks cud be another brexit .. greece bailout didn’t succeed as expected ... hopefully we will see full recovery in couple of years jmho gl
they don’t sell anything? what are the number of outstanding shares???? what is cash on hand?? will there be dilution and rs in near future????
imho it cud be IMF putting lowring gdp or might be higher taxes hurting growth dont ser any negative for banks gl
why banks going lower? is it imf lowering gdp? jmho
The economy cah grow between 2-3% GDP and banks should do fine as now they are in very good position but there shouldn't be any recession for next 10 years as most economies are in bull run for last 8 years. jmho glta
When will be the next dilution and that could be the reason for no volume or interest from buyers as they need cash and dilution will happen. No RS needed as this is on OTC. jmho
Forecasts for growth keep heading lower - http://www.ekathimerini.com/business.
Thats nothing they will find better deal and nice to see banks doing well at stress test but next will be reducing the high NPL .. hopefully greece will get debt relief as 180% debt of gdp is way too high to manage jmho glta
awesome positive news at last for banks.. hopefully the positive things continue and institutions and investors get in jmho
not a bad investment but its good for longterm and investors need patience removing adr was a bad move by nbg imho gl
Another stress test in Sep? how may are there btw
Nice Article, All banks are undervalued and oversold and selling at fraction of their Book values may be due to political uncertainty or NPL's etc nice details by the author. gl
when will be stress test results be OUT? seems big institutions and funds are waiting on it to jump in.. greece needs debt relief and hopefully after years of austerity they shud get relief jmho gl
but for the bank stocks to go higher they need big institutions and hegde funds for now there are no buyers jmho
I am not correct btw no one is correct institutions, hegde funds lost more than 70% who invested in 2010 and later. I believe the banks are way oversold and undervalued, but unless the NPL's are addressed and taxes are reduced the grwoth will be milder and most important they need debt releif. jmho gl btw I am long on greece
imho banks will stay or go lower until we get stress tests results .. we need stronger recovery as for now it seems to be cooling off and at some point they need debt relief and lower taxes to spurt growth glta
Seems bank stocks going lower continues wherr is the confidence where is institutions or hegde funds disappointing no buyers jmho
Seems bank stocks going lower continues wherr is the confidence where is institutions or hegde funds disappointing no buyers jmho
its been already 10 years another 15 years???greece needs debt relief and international institutions and hegde funds needs to get in but after 2015 dilutions and recap they are keeping away and will be back only after they are confident and certain jmho
not much volume even all banks are lower not much volume seems no institutions or hedge funds buying yet jmho
seems all banks are going lower with no institutions support no one is sure whats going to tale them higher lot with uncertainty jmho
agree take the adr away is bad move imho its uncertainty panic and fear that’s being priced into greece stocks may be after stress tests we will see institutions buying in nbg ane egfey are good bets if greece is back to normal gl
i am not very certain but adrs are always backed by ordinary shares .. again imho removing adr was a bad move glta
lot of negative news offlate.... where are the big institutions and hegde funds not sure what’s holding them back cheap oversold shares with not many buyers jmho
i beleive all the banks are overall and cheap but just wanted to get boards opion which is undervalued and cheaper nbg or eurobank??? thanks
i dont think another revesre split will happen but we have to wait until stress tests are over as 2015 recap and dilutions caused almost 80% losses to investors so investors are on sidelines no one is taking chances jimp banks are good buys do ur dd
its the access to international investors and think about the added value its all about market access if smaller banks like eurobank can have it why not nbg jmho
imho it wont take the pps down its not dilution its just rebalancing but imho delisting was bad move by nbg
not trying to pump but let of negative news about economy and stress tests leading to one more round of RECAP and dilution that is haircut to investors seems exaggerated it not 2015 with reforms kicking in Greece will do better may be a slow path to recovery. IMHO all banks are cheap and oversold and once the stress teats are over lot of institutions will get in my 2 cents do ur due diligence glta
imho removing nbbgy adr was wrong move after years of recession and banks at all time lows hugely discounted this would have been opptunity to buy greece for international investors.. this will have been an added value to nbg jmho glta
imho terminating adr at this point is wrong timing as greece banks are hitting lows with all negative news and no buying support hopefully dedt releiff will bring some positive news imho banks are doing fine and no need for any recap jmho gl
lately lot of negative news and its not helping adding to uncertainty.. banks stocks are already oversold and cheap time for positive outlook jmho
chris777 scary scenario not for faint hearts am not sure why backtracking at this stage from reforms now.. i still see examples of several countries who did reforms abd are doing exceptionally well i see greece doing fine as well jmho gl
there are no guarantees but the debt load it too high and after years of recession greece needs debt relief to get out of the recession and road to recovery offlate seeing too many negative news scaryyy jmho
agree but we don’t know with certainty so you mean to hold off and buy greece banks after two years??? offlate we are seeing too much negative news not good for banks and greece.. seems everyone is on the sidelines jmho glta
tired of negative news waiting on hegde funds and institutions to buy not sure why waiting on sidelines
Adding to previous post being cheap doesn't mean its a BUYYY my only reasoning is REFORMS will deliver the results may be a bit slower but it will definetlt be positive jmho glta
Market top for Greece banks? they are at all time low and cheap well discounted over 75%. Institutions who have invested around 2010 approximately lost over 80% of there investment. You are correct corrections may happen we can never predict one with certainty that what stock market well said greed is not good proven several times :) jmho gl
Fear or panic here comes mostly from the past, and if we see the big institutions many have got huge losses almost 70% but now the reforms and the growth will continue could be a slow and steady recovery that is good for long term investors, reforms and opening up the economy has brought good results for several countries like china , india etc and will have the same results for greece as well. jmho glta