National Bank of Greece (ADR) (NYSE:NBG)

CAPS Rating: 3 out of 5

The Company is involved in diversified financial services activities including retail and commercial banking, global investment management, investment banking, insurance, investment activities and securities trading.

Recs

7
Player Avatar GotGlobal (< 20) Submitted: 1/18/2007 11:48:53 PM : Outperform Start Price: $38.53 NBG Score: -94.47

The Greeks are strategically taking over southeastern European financial sectors with their long-term mindset on the growth of the Euro. They already have control of multiple neighboring banks even Turkey's Finansbank. They have made impressive business moves over the past 2 years. They are amazing most of the European Union bank presidents. Investing under 10 is a sound strategy, good valuation.

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Member Avatar jtzenos (< 20) Submitted: 6/5/2007 5:24:09 PM
Recs: 0

You are right 100%
and I wish that continue to do a good job but other national banks probably they will try to spoil this success in the name of fair competition!
I hope to be wrong@

James

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Member Avatar BigDogBlog2 (< 20) Submitted: 6/6/2007 11:40:59 PM
Recs: 0

Great long term play, see the most recent Q1 2007 earnings report-

AP
National Bank of Greece Profits Are Up
Wednesday May 30, 12:54 pm ET
National Bank of Greece Reports 52 Percent Rise in Net Profit

http://biz.yahoo.com/ap/070530/national_bank_of_greece.html?.v=1

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