Use following points for picking up the stocks

1. Develop and rely on your own investment philosophy, criteria andmethod(s).
2. Develop and test your own personal system for selecting, buyingand selling.
3. Wait until your entry criteria are fully satisfied beforeinvesting. When your criteria are not yet fully satisfied, refuse toenter into the investment.
4. Be patient waiting for investments that fully satisfy your criteria.
5. Search only for investments that meet your criteria and do socontinuously. Accept only advice from experts you respect and ignore opinions of others.
6. Act instantly to enter an investment when you find one that fullysatisfies your criteria.
7. Hold your investment until your predetermined exit criteria isfully satisfied.
8. Consistently follow your investment philosophy, criteria and method(s). Don't hesitate or second-guess yourself.
9. Get out of investments entered into by mistake as soon as you notice the mistake.
Quotes:
Remember the First Law of Economics: For every economist, there is anequal and opposite economist--so for every bullish economist, there isa bearish one. The Second Law of Economics: They are both likely to bewrong.
by William Sherden
The best conditions for buying a stock are when it's unpopular, it'scheap, there's limited downside, it's relatively undiscovered, youunderstand the company and its business better than other investorsdo, and company management is incentivized to build shareholder value.
:by Tom Murcko
General Term
Book value :A company's common stock equity as it appears on a balance sheet,equal to total assets minus liabilities, preferred stock, andintangible assets such as goodwill. This is how much the company wouldhave left over in assets if it went out of business immediately. Since companies are usually expected to grow and generate more profits inthe future, market capitalization is higher than book value for most companies. Since book value is a more accurate measure of valuationfor companies which aren't growing quickly, book value is of moreinterest to value investors than growth investors.

Definition 2
The value of an asset as it appears on a balance sheet, equal to costminus accumulated depreciation.

NRB allows multi-national banks to open branch in Nepal

Nepal's central bank, Nepal Rastra Bank (NRB), has introduced apolicy to allow international banks to open their branches in Nepalfor wholesale banking starting January 1, 2010, in line with theprovisions of World Trade Centre (WTO) membership. NRB has also set the criteria for banks which want to open theirbranches in Nepal in its policy announced on Sunday. Nepal hadcommitted to open its market for international banks from 2010 when ittook the WTO membership.According to the criteria set by NRB, the banks opening branches inNepal should do so with a minimum capital of USD 30 million and anadditional USD 5 million for each additional branch.Likewise, such banks cannot accept deposits less than Rs 100 millionand issue credit of less than Rs 300 million and can invest only inlarge business sectors including hydro-power, aviation, tourism andrailway.Contrary to popular speculation that international banks would throngto the Nepali market from 2010, none of the banks have applied for itso far. NRB officials said, the banks might not have applied due tolack of proper regulation so far.Although, opening of branches of international banks in Nepal willnot affect the general public directly, bankers say, it will help thenation's economy by creating more employment opportunities and helpinglarge infrastructure projects.
from nepalnews.com

Investment in realty dangerous: Experts

The investment of banks and finance companies in the real estatesector carries the risk of collapse, economists and bankers said. Hugeinvestment can create havoc, they said in an interaction here today.The global economic crisis of 2008 started with the fall in realestate business in the US.Nepali banks and finance companies have invested billions of rupees, approximately Rs 50 billion in the real estate sector. Half a dozenbanks and a dozen finance companies have invested 30 per cent in thesector. "It is not a safe investment," said Dr Binod Atreya, chiefexecutive officer of Nepal Bank Ltd. "Large investment in a sector isnot good."However, economist Prof Dr Madan Dahal differed. "I don't think theproblem is near," he said, "Banks are taking risk for maximumbenefit." Real estate business in Kathmandu Valley and the Terai hasboomed by 200 per cent since 2007.Nepal Rastra Bank executive director Trilochan Pangeni refused totake action against the finance companies for investing large amountsin the real estate sector. "We cannot stop the investment because itis as per existing laws," he said, According to Pangeni, the fate ofNepali financial sector has already gone into the hands of real estatebusiness. "If real estate collapses, bank and finance companies willbe in crisis," he said. But he did not feel the fall would bankruptthe financial sector. Very few will be affected, he added.