UNION BANK OF COLOMBO PLC (UBC.N0000)

Yahapalanaya wrote:All comments are written positives.I want to put negative factors to balance.

1.NAV 15.32
EPS(Q4) 0.07

Performance indicators are not attractive compare to other companies in the sector.

2.There are 1Billion shares.Evenif  we deduct top 20 people,100million shares in the market.So it is difficult to push up.

MarketWch wrote:

Yahapalanaya wrote:All comments are written positives.I want to put negative factors to balance.

1.NAV 15.32
EPS(Q4) 0.07

Performance indicators are not attractive compare to other companies in the sector.

2.There are 1Billion shares.Evenif  we deduct top 20 people,100million shares in the market.So it is difficult to push up.

1.Lets look at quarter performance this time.

2.ok lets see if 1B shares would be difficult to go up or not.

example :more than 1B in ASIR but now its at 28.This is just an example and dont compare this to UBC

reader wrote:http://cse.lk/cmt/upload_report_file/1047_1461752285802.03.2016.pdf

good performance

1.  Net Profit grows 220 % 
2. Operating income grows 16%.
3. Loans and advances grow 7.8% 
4. Customer Deposits grow 13% 
5. Total Assets of the Bank increase by 6.5 %

Yahapalanaya wrote:

reader wrote:http://cse.lk/cmt/upload_report_file/1047_1461752285802.03.2016.pdf

good performance

1.  Net Profit grows 220 % 
2. Operating income grows 16%.
3. Loans and advances grow 7.8% 
4. Customer Deposits grow 13% 
5. Total Assets of the Bank increase by 6.5 %

Still EPS 0.11
NAV  14.75

Compare this with other other banks in the sector

MarketWch wrote:2016Q1 results************
PROFITS-Q1  142,532(MASSIVE Q1 IMPROVEMENT
Compared to 2015 Q1 result)
Q1 EPS 0.11(IMPROVING)

RETAINED EARNINGS (21,787)-IMPROVING compaired to (91,502) in 2015 Q1 results.

A+ wrote:Don't need to worry at all. This bank will be completely different at the end of 2017 where they will be a billion profit company.

DANIDU wrote:PABC is much better than UBC.