It's very likely that salam bank Bahrain shares will hit its new high as the profits of the bank are very good, news of merging with a bank in Dubai very good, dividends very good. The upwards movement in the share has started. Looks like the shares are gaining its speed like the train. Get in before its double the price.
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
Salam bank Bahrain is very undervalued. Merger news with probably some Dubai bank. Profits increasing every quarter. Dividends of atleats 10 percent with the profit. Price should be at 1.6 aed.
Amlak is not worth all the trouble. It's has no good future profits, it's has almost 5 billion dirham of debt. Can't give shareholders dividends. Just won a case of 780 million aed which hasn't been received yet. Still the company share price doubles from 30 fils to 60 fils. Am I missing something or investors are fools.
Salam bank Bahrain which is dualy listed in Dfm and Bahrain market is continuasly buying back its own shares daily approximately 400k/day. We can also see the price in both the markets increasing every week. This proves my point that I've been saying the share is very undervalued and it can run for more 50 percent upwards. It's a clear buy.
As I said in my previous posts the share price is very undervalued and as we can see today there was the news os salam bank Bahrain started buying back their own shares. The prices have started increasing.
Today Arabtec announced talks of merger between Trojan and the share hit upper limit. Arabtec q2 profits have fallen by 49 percent than 2018. Arabtec no dividends. Salam bank Bahrain profit increased by 40 percent, merger news very undervalued, great dividend returns. It has to go up fundamentally. Go long in this bank
Is there a merger news for Salam bank Bahrain with one of the biggest Islamic bank in Bahrain.... Its goi g to hit 1.30 very soon if so. Very bullish on this script
