SBI & YES Bank

Hi Friends, How about to buy SBI nad YES Bank shares from current label ? I have a horizon of atleast 5 yrs.

 

go for yes bank if you are for long term.

 

Yes bank hands down. Good promoter sans the case. Fastest growing bank. Good dividend policy. npas under control. Bite into it at every big fall. Good luck.

 

Yes Bank or any other private sector bank

 

Dcb....

 

DCB would be a good bet for 5 year horizon. It can give multiple returns from the current level.

 

What is your view about Yes bank after today's development?....UBS released report dat it has huge loan disbursed which is going to be NPA ....rated sell from buy with a target price 740....again, yes bank has submitted good advance tax n seems it is growing @ 30%....plz share ur views...

 

UBS did that before when they dumped yes bank around 300 levels and issued a sell report. They bought back yes bank at 500 levels . You need to understand that its so very difficult to find out the true picture. Whom to believe whom to not. Most of the opinions including mine (which obviously doesn't matter) are unknowingly biased. UBS came out with a buy, followed by atleaast four other brokerages who came out screaming with a buy call. Now where does that leave you and me......confused. This is where your own conviction comes to the fore. Follow it.....stock market is a dangerous game ....they say its about fear and greed ...well fear not the greed as no wealth can be created without greed. I hold yes bank and bought a little more below 800 level.

 

Please read ubs came out with a buy as ubs came out with a sell.

 

Really confused

 

Don't be confused. Dcb too is good with tremendous scope .

 

M already holding dcb n yes bank...but thinking what to do w8d yes bank?

 

You can consider Dhfl. Cheapest in its sector and a sector which prospectively should do very well.

 

In my mind, one can consider buying Yes Bank for short term target of 1100 by March 2016 - key and immediate triggers are a) Company has paid ~35% higher tax for Q1. b) upcoming QIP program to collect 1M$ - it is likely to issue ADR @ ~1100. Do not worry about the recent UBS report - it may be politically motivated by Madhu Kapoor and team. Even for long term, one can hold the stock - key and long term triggers a) past record of the bank. b) QIP money will boost financials. c) possible stock split and bonus issue (given the investor friendly approach for D/W distribution.

 

Be careful. Rbi now a party to this family fued. Such cases can take a while.

 

Little bit late, it touched 1100 in July, 2016, great prediction ! How is SBI and Yes Bank currently for long term investment?

 

Better go for NBFC IMHO. Bank space is highly crowded and also now license are given on tap by RBI so where is monopoly. Also banks are subject to huge restriction like rural lending, priority sector, Jan Dhan etc which NBFC are not so profitability is higher. You can check CAPF, Chola, for long term prospects.

 

@Srouta Mukherjee I already have CAPF.

 

yes bank trying to gain top position in private banking with least npa in all banking space