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BANK ASIA
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FUNDAMENTAL DATA:     
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CATEGORY     DA
FV:     100.00
ML:     50
NAV:     164.99
EPS:     76.39
EPS(2009):     61.88
EPS GROWTH:     23.45
NPAT:     2293.85
NPAT(2009):     1327.18
NPAT GROWTH:     72.84
LAST TRADE PRICE(27-01-2-11):     784.00
P/E:     10.26
PRICE/NAV:     4.75
ROE:     46.30
AUTHORISED CAPITAL:     4450.00
PAID UP CAPITAL:     3002.74
PUBLIC CAPITAL:     2198.60
LDIV:YEND:     40%B : 1209
RTAG:     Q3

Comment:
Fundamental Strength: STRONG

TECHNICAL ANALYSIS:
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Price and moving averages:
BANKASIA has closed above its Short time moving average.
Short time moving average is currently below mid-time, AND above long time moving averages.
The relationship between price and moving averages is: neutral in short-term, and neutral in mid-long term.

Bollinger Bands:
BANKASIA has closed below upper band by 44.5%.
Bollinger Bands are 27.2% narrower than normal.
The current width of the bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

RSI
The current value for the RSI15 is   51.028
The RSI is not currently in a topping (above 70) or bottoming (below 30) range.
Failure Swings (also known as support or resistance penetrations or breakouts):The RSI does not currently show any Failure Swings.

Divergence:
The RSI and price are not diverging.

MACD
MACD Value:    6.233, Signal Line:    5.915

The MACD can provide buy/sell indications in three ways, signal line crossovers, overbought/oversold conditions, and divergences.

Crossovers:
Currently the MACD is bullish since it is trading above its signal line.
The MACD crossed above its signal line 1 period(s) ago.
Overbought/Oversold:
The MACD is not in an Overbought/Oversold range.
Divergence:
There have been no divergence signals within the last 5 periods.

CAUTION: This commentary is not a recommendation to buy or sell. Use at your own risk.

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Bank Asia ki bonus o right share balo deyar komota rakhe doya kore janaben.

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Bank Asia ki bonus o right share balo deyar komota rakhe doya kore janaben.

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Originally Posted by Koyes Ahmad:
Bank Asia ki bonus o right share balo deyar komota rakhe doya kore janaben.

Yes. I think so.

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Bank Asia ki Declare dilo

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BANKASIA
The Board of Directors has recommended stock dividend @ 40% for the year 2010. The Board has also decided to offer rights shares @ 1R:4 (i.e. 1 rights share for every 4 shares held) at par subject to the approval of the shareholders in the EGM and regulatory authorities. The Board has also resolved to restructure/revise the features of the proposed Subordinated Debt in the form of Zero Coupon Bonds to be issued to raise TK. 250.00 crore, which has already been approved by the shareholders, with regard to the structure of the Subordinated Debt, coupon/interest rate and/or the tenure in such a manner as may be decided by the Board of Directors of the Bank subject to the approval of the shareholders in the EGM  and regulatory authorities, if any. Date of EGM and AGM: 30.03.2011, Time of EGM and AGM: 10:00 AM and 10:30 AM respectively, Venue: Officers' Club, 26, Baily Road, Ramna, Dhaka-1000. Record date for EGM and AGM: 07.03.2011. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from SEC. The Bank has also reported EPS of Tk. 64.26, NAV per Share of Tk. 235.12 and NOCFPS of Tk. 186.06. The Board has also decided to revalue its fixed assets for the purpose of Tier-2 capital recognition subject to permission from the Bangladesh Bank and other regulatory authorities.
     
There will be no price limit on the trading of the shares of the Bank today (24.02.2011) following its corporate declaration.