Your opinion on Banking sector

rmark · 1 Your opinion on Banking sector Fri Sep 16, 2011 7:37 pm

rmark

Manager - Equity Analytics

Posts : 204
Equity Stars : 3864
Reputation : 15
Join date : 2011-09-13

What is your opinion on Banking sector? My opinion is this the right time to invest.

early · 2 Re: Your opinion on Banking sector Fri Sep 16, 2011 7:51 pm

early

Manager - Equity Analytics

Posts : 115
Equity Stars : 3781
Reputation : 22
Join date : 2011-06-14

Agree with you. Share prices havent appreciated compared to performance. In addition to the other banking sector shares, I am particularly bullish on Commercial Bank as it is trading at a PER (Price to Earnings Ratio) of around 12/-.

bePositive · 3 Re: Your opinion on Banking sector Fri Sep 16, 2011 8:07 pm

bePositive

Senior Manager - Equity Analytics

Posts : 329
Equity Stars : 3938
Reputation : 14
Join date : 2011-08-20

don't forget NTB and NDB.

early · 4 Re: Your opinion on Banking sector Fri Sep 16, 2011 8:20 pm

early

Manager - Equity Analytics

Posts : 115
Equity Stars : 3781
Reputation : 22
Join date : 2011-06-14

@bePositive wrote:don't forget NTB and NDB.

Ofcourse. I only mentioned COMB as an example. All Banking Sector shares should do very well in the comming months.

trader911 · 5 Re: Your opinion on Banking sector Fri Sep 16, 2011 8:26 pm

trader911

Senior Equity Analytic

Posts : 73
Equity Stars : 3820
Reputation : 3
Join date : 2011-02-24

traded qty as at 9/16/2011 % increase

seyb x 4,153,800, 3.43%
ntb 15,200 , 0%
comb x 146,400 , 0%

think its fairly obvious with the government institution backing which is more attractive, started to gain momentum based on the trend shown in past few weeks.others may follow if this starts to run.[b]

echo28 · 6 Re: Your opinion on Banking sector Fri Sep 16, 2011 8:33 pm

echo28

Equity Analytic

Posts : 36
Equity Stars : 3550
Reputation : 0
Join date : 2011-09-08

Many are backing COMB but still its movement has not gone up. I with stood the rights due to the 1 for 14. With the split the price is very liquid so it should go but it cannot break the mark of 118 which is = to 236 before the split. This share should reach at least 140 that is 280 range but it has not.

They expect sampath to do better.

But whats the experts view

early · 7 Re: Your opinion on Banking sector Fri Sep 16, 2011 8:43 pm

early

Manager - Equity Analytics

Posts : 115
Equity Stars : 3781
Reputation : 22
Join date : 2011-06-14

@echo28 wrote:Many are backing COMB but still its movement has not gone up. I with stood the rights due to the 1 for 14. With the split the price is very liquid so it should go but it cannot break the mark of 118 which is = to 236 before the split. This share should reach at least 140 that is 280 range but it has not.

They expect sampath to do better.

But whats the experts view

COMB can easily break 118 and even go much beyond with the release of its quaterly results or even before that. I also feel if the market conditions are right, it could even touch 140/- in the not too distant future.

kotasa · 8 Re: Your opinion on Banking sector Fri Sep 16, 2011 8:53 pm

kotasa

Equity Analytic

Posts : 23
Equity Stars : 3551
Reputation : 4
Join date : 2011-09-12

To me SEYB X is the most attractive Banking share. Just check and see it's net asset value per share.

windi5 · 9 Re: Your opinion on Banking sector Fri Sep 16, 2011 9:14 pm

windi5

Moderator

Posts : 1549
Equity Stars : 6759
Reputation : 157
Join date : 2011-05-21

Banks are doing well in this conducive environment created by last years budget. In every quarter with improved results,future seems to be very bright for all the banks.All banking shares are very attractive with their future prospectus. there is a huge untapped mkt in the North and East, with the normalcy returns to those areas, ppl tend to deal with banks more and more.

Thushara Ayya · 10 Re: Your opinion on Banking sector Fri Sep 16, 2011 10:10 pm

Thushara Ayya

Vice President - Equity Analytics

Posts : 1098
Equity Stars : 5981
Reputation : 26
Join date : 2011-09-02
Location : Maharagama

Pl tell me how to post a new post....

sriranga · 11 Re: Your opinion on Banking sector Fri Sep 16, 2011 10:14 pm

sriranga

Co-Admin

Posts : 6822
Equity Stars : 21918
Reputation : 2855
Join date : 2011-02-01
Location : London

Share price on 16/09 FWD PER ]u] Cash Per Share[/u] DPS (Last FY) NAV PBV

COMB 117.10 11.84 9.51 5.00 50.65 2.31
DFCC 135.00 13.10 22.39 10.00 88.95 1.52
HNB 200.20 15.46 30.63 7.00 96.20 2.08
NDB 136.90 11.22 40.32 8.50 93.58 1.46
NTB 62.80 9.84 18.40 2.00 33.88 1.85
SAMP 228.60 8.45 55.01 6.25 119.80 1.91
PABC 26.50 9.63 9.78 0.00 10.81 2.45
SEYB 65.20 (200.89) 36.38 1.00 49.94 1.31
UBC 23.10 30.39 11.96 0.00 14.36 1.61
HDFC 1798.20 30.49 295.60 5.00 303.13 5.93

According to CSE sector PE=15.3
Now we can compare with the PBV & FWD PER, which share will perform in near future.
Have a good trade.

Last edited by sriranga on Fri Sep 16, 2011 10:32 pm; edited 2 times in total

buwr · 12 Re: Your opinion on Banking sector Fri Sep 16, 2011 10:26 pm

buwr

Equity Analytic

Posts : 30
Equity Stars : 3556
Reputation : 0
Join date : 2011-09-12

@bePositive wrote:don't forget NTB and NDB.

THE MOST UNDERVALUED IS NTB......BRILLIANT PERFORMANCE FROM LEASING & FACTORING....

Aamiable · 13 Re: Your opinion on Banking sector Fri Sep 16, 2011 11:01 pm

Aamiable

Vice President - Equity Analytics

Posts : 1284
Equity Stars : 5172
Reputation : 176
Join date : 2011-02-21

NTB COMB and SAMP seem to be good choices. ...NDB and DFCC as well....

Carolis · 14 Re: Your opinion on Banking sector Sat Sep 17, 2011 12:29 am

Carolis

Manager - Equity Analytics

Posts : 122
Equity Stars : 3899
Reputation : 15
Join date : 2011-02-20

Why SAMP is going down everyday. What's wrong with its fundamentals? Please let me know. Thanks

Sstar · 15 Re: Your opinion on Banking sector Sat Jul 19, 2014 10:12 pm

Sstar

Vice President - Equity Analytics

Posts : 1416
Equity Stars : 8031
Reputation : 51
Join date : 2011-11-01

Its nice to read some old opinions.

bandulawee · 16 Re: Your opinion on Banking sector Mon Jul 21, 2014 10:28 am

bandulawee

Manager - Equity Analytics

Posts : 286
Equity Stars : 4685
Reputation : 13
Join date : 2012-02-29

With the Central Bank directive to lower lending rates the Banks could see reduced earnings. Also with credit contraction in the private sector the turnover growth also will be effected. Central Bank could also fix the lending rates like they did with deposits which could result in higher reductions in profits of big banks due to high overheads and personnel costs result in higher PER.

Sponsored content

Latest topics

Your opinion on Banking sector

1 Your opinion on Banking sector Fri Sep 16, 2011 7:37 pm

rmark

2 Re: Your opinion on Banking sector Fri Sep 16, 2011 7:51 pm

early

3 Re: Your opinion on Banking sector Fri Sep 16, 2011 8:07 pm

bePositive

4 Re: Your opinion on Banking sector Fri Sep 16, 2011 8:20 pm

early

5 Re: Your opinion on Banking sector Fri Sep 16, 2011 8:26 pm

trader911

6 Re: Your opinion on Banking sector Fri Sep 16, 2011 8:33 pm

echo28

7 Re: Your opinion on Banking sector Fri Sep 16, 2011 8:43 pm

early

8 Re: Your opinion on Banking sector Fri Sep 16, 2011 8:53 pm

kotasa

9 Re: Your opinion on Banking sector Fri Sep 16, 2011 9:14 pm

windi5

10 Re: Your opinion on Banking sector Fri Sep 16, 2011 10:10 pm

Thushara Ayya

11 Re: Your opinion on Banking sector Fri Sep 16, 2011 10:14 pm

sriranga

12 Re: Your opinion on Banking sector Fri Sep 16, 2011 10:26 pm

buwr

13 Re: Your opinion on Banking sector Fri Sep 16, 2011 11:01 pm

Aamiable

14 Re: Your opinion on Banking sector Sat Sep 17, 2011 12:29 am

Carolis

15 Re: Your opinion on Banking sector Sat Jul 19, 2014 10:12 pm

Sstar

16 Re: Your opinion on Banking sector Mon Jul 21, 2014 10:28 am

bandulawee

17 Re: Your opinion on Banking sector

Sponsored content