It's common sense if you really want to make money and get good end of the year dividends. The share value should double from this price. It should go till 1.60 aed. Today trading at 0.95 aed. 80 percent upside
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Salam bank Bahrain has broken its 52 weeks high for 3 days. That shows more strength to the shares. It's next target in Dfm is 1.10 aed. The news of merger with another Dubai bank looks very strong. The bank has a very good dividend return of 14 percent at current market price. The profits of the bank are reaching all time high. Everything is pointing towards more upwards hill. Happy trading
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Salam bank Bahrain shares are going to move very high towards the end of the session today in Dubai financial market.
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Salam bank Bahrain has increased in buying back of stocks everyday to almost a millions shares. This shows how undervalued the company is and the price of the share is slowly increasing day by day. According to the trend this stock should touch its next 52 weeks high of 1.08 and then 1.30 in Dubai financial market.
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Salam Bahrain bank has again closed in its 52 weeks high. Very high chance of it closing in a new high. The price has still got a potential of going 50 percent higher from its price.
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Salam Bahrain bank profit is going to be very good, and merger news coming out soon.
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This week salam bank Bahrain will cross its new 52 weeks high. The share is becoming solid and stronger day by day.
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Another good accumulation week for Salam bank Bahrain. Very soon its going to hit upper limit.
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Salam bank Bahrain at this price would still give a dividend return of 10 to 11 percent. In this world of low interest, and comparing to other shares like artc amlak damac who don't give dividends. Salam bank Bahrain is a steal offer. Invest go long in salam Bahrain and enjoy the fruits.
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Salam bank Bahrain merger news with a bank in Dubai is almost official. Get ready for a spike in price
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Salam bank Bahrain currently at 0.95 fils, the dividends for the year could be around 9 to 10 %on the face value which is 1 aed. On 0.95 fils it's a return of 10 to 11 %. The stock is undervalued compare to its peers. Yearly profits have increased by 40 to 50 %. Bank is buying back its own shares since a month. Bank has a merger news also going on with a bank in Dubai. That's the reason the price should reach at 1.40 aed. Happy trading
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The only share in Dfm that has such a good potential of reaching an all time high because of its outstanding profit, better dividends, and very well undervalued and also great possible merger news ahead. All goods packed in one box. It an uphill from here
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AL salam bank Bahrain current market price at 0.94 fils, 9 months profit increased by almost 40 percent, 9 months return to shareholders stands at 8 fils. Full year return to shareholders should stand at min 10 to 12 fils a shareholder. 10 to 12 fils return on a current market price of 0.94 fils is 11 to 13 percent return on your investment. I can't see any share in the market that gives you such good returns on the current market price.
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As I said before in Dubai financial market, the strongest of all shares is salam bank Bahrain. Arabtec, upp, dic, drake and skull and many of the companies are not even worth investing. It has to be salam Bahrain bank which will run like a horse up the hill soon.
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Since the launch of Saudi Aramco IPO, there is a lot of money being taken out of UAE shares. I think people are not gonna make money in this IPO when it is listed in December. Anyways a lot of good shares in the market to pick up like the Salam bank Bahrain share in Dubai financial market. Going long in this share will definately give you fruitful rewards.