FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» Anyone attended AGM?
by Mr. X Today at 8:54 am

» GLAS will be winner with Super Gain.
by vijay singh Today at 3:22 am

» Lets try to understand what is happening in the market right now
by celtic tiger Today at 1:56 am

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by Gowri123 Today at 12:05 am

» Is ASPI Overvalued now or heavily undervalued ?
by EquityChamp Yesterday at 11:12 pm

» A Strong bounce back of ASI is on the cards
by samaritan Yesterday at 6:17 pm

» Prominent Investors of the colombo stock market
by samaritan Yesterday at 6:06 pm

» DIPD/HAYC/HAYL
by Eranga87 Yesterday at 5:55 pm

» ACL post share split trading and the future potential
by sheildskye Yesterday at 3:27 pm

» Current 2021 Februray Unit Trust/Unit Fund Per Annum percentages
by N W Yesterday at 2:44 pm

» WindForce (WIND) IPO Overview
by EquityChamp Yesterday at 10:09 am

» Norway -> biggest shareholder of NDB
by shihan 93 Yesterday at 9:56 am

» Many positives for Next week
by Vishwanarth Sat Mar 06, 2021 12:29 pm

» Maldives records over 100,000 tourist arrivals in first 35 days of the year
by samaritan Sat Mar 06, 2021 9:59 am

» Kind of behavior traders engage in when they are frustrated and want their money back from the market. Stock market for beginners
by lal62 Sat Mar 06, 2021 7:40 am

» EXPO EXPO EXPO
by Gowri123 Sat Mar 06, 2021 12:35 am

» still I believe this
by 100Bill Fri Mar 05, 2021 9:21 pm

» SUNSHINE HOLDINGS PLC (SUN.N0000)
by ErangaDS Fri Mar 05, 2021 8:19 pm

» Investor sentiment - will there ever be a recovery?
by xhunter Fri Mar 05, 2021 7:49 pm

» Let's have a stop-loss strategy to maximize investment returns in stock market
by EquityChamp Fri Mar 05, 2021 7:19 pm

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » NTB will be good

NTB will be good

Go down  Message [Page 1 of 1]

1NTB will be good Empty NTB will be good Fri Sep 23, 2011 7:12 am

ABEST


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Company Profile
Nations Trust Bank [NTB: LKR62.60], was established in 1999 following the acquisition and rebranding of the Sri Lankan branch of Overseas Trust Bank. The acquisition was sponsored by the Sri Lankan conglomerate John Keells Holdings [JKH : LKR214.1] & Central Finance [CFIN : LKR275.0] where JKH, CFIN & the related entities collectively control 49.9% of NTB. NTB has now emerged to be among the fastest growing banks in the country adopting an inorganic growth strategy through mergers & acquisitions since its inception. NTB currently holds an asset base of LKR88.6 bn (as at 30th June 2011) which indicates a market share of nearly 3%.
NTB has grown leaps & bounds over the past few years through a strategy of organic growth & acquisitions which the company plans to carry into the future as well. The bank currently holds a network of 46 branches, 48 ATM’s, 15 leasing centres and 6 personal banking centres. It plans to open 10 new branches during FY2011 taking the total to stand at 50 branches. Being the exclusive franchisee for American Express credit cards in Sri Lanka, NTB serves as the 2nd largest credit card issuer in the country.

Valuations in Brief
With NTB accelerating its expansion phase with the objective of stepping into the bigger league, coupled with extra boost from the rapid growth in country’s private sector credit and with the impact from successful recoveries, we expect NTB to register LKR1,403.3 mn in 2011E (up 29.4% YoY). With the contribution materializing from the accelerated branch expansion efforts underway, well coupled with the improving overall efficiency levels, we forecast NTB to record net earnings of LKR1,675.1 mn in 2012E (up 19.4% YoY). In terms of earnings to price multiple; the share is valued at 10.3X 2011E earnings and 8.6X 2012E net profits compared to the Banking, Finance & Insurance sector 4Q Trailing PER of 16.3X and market PER of 15.4X. Hence we rate NTB, a BUY.


see...................
http://colombostockwatch.com/2011/09/nations-trust-bank-growth-story-continues-with-net-earnings-recording-lkr736-3-mn-during-1h2011-up-49-yoy/[b]

2NTB will be good Empty Re: NTB will be good Fri Sep 23, 2011 7:31 am

bePositive

bePositive
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
I agree and it will rally in the near future.

http://www.viabletraffic.com

3NTB will be good Empty Re: NTB will be good Fri Sep 23, 2011 8:57 am

windi5

windi5
Moderator
Moderator
its stagnant around 60-65 level at the moment. few times tried to break 70 but failed. not only NTB but all banking shares might go up with the recovery of the mkt.

4NTB will be good Empty Re: NTB will be good Fri Sep 23, 2011 9:06 am

Universalgoal


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
windi i notice u love banks isnt it

5NTB will be good Empty Re: NTB will be good Fri Sep 23, 2011 9:10 am

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

Many of the Banking sector shares are getting very attractive. NTB is one of the tops picks. Remember NTB once hit Rs 110 and was trading in the 80s in February.

6NTB will be good Empty Re: NTB will be good Fri Sep 23, 2011 9:19 am

windi5

windi5
Moderator
Moderator
@Universalgoal wrote:windi i notice u love banks isnt it

I love you I love you I love you

7NTB will be good Empty Re: NTB will be good Fri Sep 23, 2011 6:26 pm

pathfinder

pathfinder
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Market can not go up with out green banking sector,NTB is a very good counter among them.

8NTB will be good Empty Re: NTB will be good Fri Sep 23, 2011 7:30 pm

sanjrox


Equity Analytic
Equity Analytic
i also agree

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum