Amir Siddique

Interested in startups, tech & capital markets. Founded I-invest, CSS Exam Companion and AppRays.

[Amir Siddique @amirsiddi]

Two types of entities are buying stocks now a days: foreigners and mutual funds

1) foreigners because they think the exchange rate will be stable in the medium term
2) mutual funds because they have been able to attract funds a little too late

Demand & supply in other words.

[Amir Siddique @amirsiddi]

My top pick at these prices would be MCB, BAFL and FABL.

[Amir Siddique @amirsiddi]

I was studying all listed bank stocks performance in first 9 months of this year, and here is what I learned:

Meezan and UBL were under investor highlight, former for supercharging its growth and later for increasing payouts to almost unsustainable level.

[Amir Siddique @amirsiddi]

MCB is for me a real standout story. Solid earning growth and the best CASA after meezan. And continues to attract outsized current deposits and investing them well. MCB Islamic also growing and showing income growth.

[Amir Siddique @amirsiddi]

@amalkhan Happy birthday to Essa, and thanks for sharing his story.

[Amir Siddique @amirsiddi]

My cousin Muhammad Akram, son of Hanif Qadri, who is mentally challenged is missing from Chungi Amar Sindhu area of Lahore. I request everyone, specially the ones with large followings, to share this post as much as possible and make it viral.

[Amir Siddique @amirsiddi]

@sheryhydri If you were the govt on 9th May, what would you have done? They selectively blockd as little as possible while internet at home/off was working inc. all work related apps. I also work with local and international teams, and my work and my Pak team’s work not affected beyond 1 day

[Amir Siddique @amirsiddi]

@MutaherKhan This guy started off well, but now due to so much attention that he is getting, is becoming more and more arrogant and rigid in his analysis. My problem is that he presents his analysis as final and conclusive, and himself as all knowing.

[Amir Siddique @amirsiddi]

Police blocked jail road underpass to stop traffic to Zaman park

[Amir Siddique @amirsiddi]

“If enough people think a company’s stock is worth X, it becomes worth X until enough people think otherwise.”

[Amir Siddique @amirsiddi]

Css essay paper today. Boys will be boys 🤔

[Amir Siddique @amirsiddi]

Bought HBL at 60.00 today just to be part of history. Let’s see if it goes down to 50.00, then will buy some more.

[Amir Siddique @amirsiddi]

It must be painful for companies that gave 12 PKR dividend in last two years be trading at 21 PKR. @shahzadsaleem NCL whole capitalization at the moment at 5 billion PKR.

[Amir Siddique @amirsiddi]

Holidays mode on. My reading companion are two books on national issues.

Those who claim to solve problems in society first need to understand the issues at hand intimately. In this regard I’m going to make it a point to read at least 50% of my books on local issues in 2023.

[Amir Siddique @amirsiddi]

@SirajulmunirM Money laundering 🤔 how?

[Amir Siddique @amirsiddi]

HBL stock is a story of Foriegn companies buying Govt of Pakistan’s 40% stake in 2015 for about $2 a share and selling it for $0.30 in 2021. All the HBL selling you see is foreigners exiting the stock. Below is Foriegn holding since 2014 taken from HBL annual reports. #hbl #psx

[Amir Siddique @amirsiddi]

@ArifRetd In pakistan now a days, due to fatf and strict compliance laws, Foriegn payment can only be credited if it clears all the checks along the way. For example companies can’t send to individuals, individuals can’t send to companies, and the purpose of payment should be clear.

[Amir Siddique @amirsiddi]

@asad_murani @AzamAKhan2 @abay_insaan_ban @hasboo86 @AbdulRehman0292 Oh bafl won’t pay dividend this time?