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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Sanasa Development Bank...will be shine

Sanasa Development Bank...will be shine

+13
Pethi
SHARK aka TAH
dougieboy
hasarel
dhanurrox
Gaudente
ccsentha
Kithsiri
keeper
smallville
Takecharge
Gaja
coolkane
17 posters

Go to page : 1, 2  Next

Go down  Message [Page 1 of 2]

1Sanasa Development Bank...will be shine Empty Sanasa Development Bank...will be shine Wed Apr 24, 2013 11:30 am

coolkane


Manager - Equity Analytics
Manager - Equity Analytics

Hi forum guys,

What do you think about SDB?according to my analysis its undervalued.NAV 126 EPS 9.96 and P.E 6.8x and compared to sector PE 10.3x its traded @ lower level and there is a possibility to move it to 100.

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics

http://www.cse.lk/cmt/upload_report_file/1182_1361963743211.pdf

coolkane


Manager - Equity Analytics
Manager - Equity Analytics

So as i told SDB showed its value.Dividend 5/= which 7.3% div yield.So i think this will move to 100 slowly i medium term with its value.cheers!!!!

Takecharge


Manager - Equity Analytics
Manager - Equity Analytics

yes, i agree,hoping to buy some.

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics

We talked abt this share once.. Too much public holding (even other share holders are at 72%) and 18 Mil shares are on free float.

They can do well but time will tell that.. for now we have to observer if anyone's looking for an investment.

6Sanasa Development Bank...will be shine Empty SDB moving up further.... Thu May 02, 2013 10:30 pm

keeper

keeper
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

What do u think? Cool

Kithsiri

Kithsiri
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Last time it went as high as 93 (if I am not mistaken) and read somewhere that this like likely to touch even 100. Very Happy

ccsentha


Vice President - Equity Analytics
Vice President - Equity Analytics

they have given dividend of 10, but yearly EPS is 9.94. How can this be possible? Question Question Question Question

coolkane


Manager - Equity Analytics
Manager - Equity Analytics

First you have to check their share holding structure.This bank hold by small Sanasa societies located in Island wide.Since they have to formalize their share holding structure they have created trust companies and amalgamate district wise shares.All these shares have given @ 100/=.

10Sanasa Development Bank...will be shine Empty Re: Sanasa Development Bank...will be shine Sat May 04, 2013 12:19 am

ccsentha


Vice President - Equity Analytics
Vice President - Equity Analytics

coolkane wrote:First you have to check their share holding structure.This bank hold by small Sanasa societies located in Island wide.Since they have to formalize their share holding structure they have created trust companies and amalgamate district wise shares.All these shares have given @ 100/=.

shares sold to them at 100? are you sure?

11Sanasa Development Bank...will be shine Empty Re: Sanasa Development Bank...will be shine Wed Apr 09, 2014 10:34 am

Gaudente


Manager - Equity Analytics
Manager - Equity Analytics

ccsentha wrote:they have given dividend of 10, but yearly EPS is 9.94. How can this be possible? Question  Question  Question  Question
Actually EPS 2012 were 13.53

12Sanasa Development Bank...will be shine Empty Re: Sanasa Development Bank...will be shine Wed Apr 09, 2014 10:42 am

Gaudente


Manager - Equity Analytics
Manager - Equity Analytics

Finally Sanasa announced its 2013 dividend: 7 rupees , 30% less than in 2012 in spite of EPS contracting 12% only to 11.49 rupees.
The market however was previously so depressed and disheartened by the lack of dividend announcements that welcomed this 30% cut with a 10% increase in share price.
Actually even at 80 rupees the share looks like a bargain: low 7 P/E  , 40% discount to book value , 8.75% dividend yield higher of many 1 year fixed deposit rates currently offered.

13Sanasa Development Bank...will be shine Empty Re: Sanasa Development Bank...will be shine Wed Apr 09, 2014 10:54 am

dhanurrox


Vice President - Equity Analytics
Vice President - Equity Analytics

Early than I expected.Didn't have it. Evil or Very Mad 

14Sanasa Development Bank...will be shine Empty Re: Sanasa Development Bank...will be shine Wed Apr 09, 2014 12:02 pm

hasarel

hasarel
Manager - Equity Analytics
Manager - Equity Analytics

Now the price is too High, this worth around 70..,Because after dividend there is No much movements. Very Happy 

15Sanasa Development Bank...will be shine Empty Re: Sanasa Development Bank...will be shine Wed Apr 09, 2014 12:19 pm

dougieboy


Moderator
Moderator

Please explain why?

Btw, it never went to Rs  70 in recent past. It was at Rs 74.   One of the best banking shares fundamentally .

What is this forum coming to. CLPL warrant with zero value promoted while shares that just declared a 10% dividend demoted.

Thank GMNet and SStar and value prick and all other . Waht a wondefully balance forum now.





hasarel wrote:Now the price is too High, this worth around 70..,Because after dividend there is No much movements. Very Happy 

16Sanasa Development Bank...will be shine Empty Re: Sanasa Development Bank...will be shine Wed Apr 09, 2014 12:34 pm

hasarel

hasarel
Manager - Equity Analytics
Manager - Equity Analytics

dougieboy wrote:Please explain why?

Btw, it never went to Rs  70 in recent past. It was at Rs 74.   One of the best banking shares fundamentally .

What is this forum coming to. CLPL warrant with zero value promoted while shares that just declared a 10% dividend demoted.

Thank GMNet and SStar and value prick and all other . Waht a wondefully balance forum  now.

Even Sanasa pay 7= dividend, Just think how much money you have to spend to buy, as well as after the dividend,How long you need to Hold this share to get again profit.
This  share is good one, But during the years how many times can we earn profit  Twisted Evil based on investment ???? this is my opinion...It"s upto you... Very Happy If current price drop after dividend, how much will you lose Question  Question 



hasarel wrote:Now the price is too High, this worth around 70..,Because after dividend there is No much movements. Very Happy 

17Sanasa Development Bank...will be shine Empty Re: Sanasa Development Bank...will be shine Wed Apr 09, 2014 12:39 pm

dougieboy


Moderator
Moderator

Fantastic, so you want shares that make 30% in a day huh? What a true investor.   After dividend all share fall in price my friend  when market moves they pick back up.  
See hat happned to SAMP, COMB.

A wonderfully balanced  non moderated against  fundamental share forum . We will get more gambler posts demoting value shares when market pick ups. Lovely to see promotions of warrants that have no value and demotion of value sahres.








hasarel wrote:
dougieboy wrote:Please explain why?

Btw, it never went to Rs  70 in recent past. It was at Rs 74.   One of the best banking shares fundamentally .

What is this forum coming to. CLPL warrant with zero value promoted while shares that just declared a 10% dividend demoted.

Thank GMNet and SStar and value prick and all other . Waht a wondefully balance forum  now.

Even Sanasa pay 7= dividend, Just think how much money you have to spend to buy, as well as after the dividend,How long you need to Hold this share to get again profit.
This  share is good one, But during the years how many times can we earn profit  Twisted Evil based on investment ???? this is my opinion...It"s upto you... Very Happy If current price drop after dividend, how much will you lose Question  Question 



hasarel wrote:Now the price is too High, this worth around 70..,Because after dividend there is No much movements. Very Happy 

18Sanasa Development Bank...will be shine Empty Re: Sanasa Development Bank...will be shine Wed Apr 09, 2014 12:51 pm

hasarel

hasarel
Manager - Equity Analytics
Manager - Equity Analytics

dougieboy wrote:Fantastic, so you want shares that make 30% in a day huh? What a true investor.   After dividend all share fall in price my friend  when market moves they pick back up.  
See hat happned to SAMP, COMB.

A wonderfully balanced  non moderated against  fundamental share forum . We will get more gambler posts demoting value shares when market pick ups.  Lovely to see promotions of  warrants that have no value  and demotion of value sahres.


Wow...your are good predictor..If you have money invest..gentlemen...But look at the selling presure also Now around 80 to 81 Twisted Evil  I new say Sanasa is a bad share, Only my point is How many months we have wait to get a profit , if this share not moved after dividend, If you have money, holding power please Do Twisted Evil  Twisted Evil 





hasarel wrote:
dougieboy wrote:Please explain why?

Btw, it never went to Rs  70 in recent past. It was at Rs 74.   One of the best banking shares fundamentally .

What is this forum coming to. CLPL warrant with zero value promoted while shares that just declared a 10% dividend demoted.

Thank GMNet and SStar and value prick and all other . Waht a wondefully balance forum  now.

Even Sanasa pay 7= dividend, Just think how much money you have to spend to buy, as well as after the dividend,How long you need to Hold this share to get again profit.
This  share is good one, But during the years how many times can we earn profit  Twisted Evil based on investment ???? this is my opinion...It"s upto you... Very Happy If current price drop after dividend, how much will you lose Question  Question 



hasarel wrote:Now the price is too High, this worth around 70..,Because after dividend there is No much movements. Very Happy 

19Sanasa Development Bank...will be shine Empty Re: Sanasa Development Bank...will be shine Wed Apr 09, 2014 12:57 pm

dougieboy


Moderator
Moderator

Okay SDB is bad share accordingto you. What are your good shares and why?


hasarel wrote:
dougieboy wrote:Fantastic, so you want shares that make 30% in a day huh? What a true investor.   After dividend all share fall in price my friend  when market moves they pick back up.  
See hat happned to SAMP, COMB.

A wonderfully balanced  non moderated against  fundamental share forum . We will get more gambler posts demoting value shares when market pick ups.  Lovely to see promotions of  warrants that have no value  and demotion of value sahres.


Wow...your are good predictor..If you have money invest..gentlemen...But look at the selling presure also Now around 80 to 81 Twisted Evil  I new say Sanasa is a bad share, Only my point is How many months we have wait to get a profit , if this share not moved after dividend, If you have money, holding power please Do Twisted Evil  Twisted Evil 





hasarel wrote:
dougieboy wrote:Please explain why?

Btw, it never went to Rs  70 in recent past. It was at Rs 74.   One of the best banking shares fundamentally .

What is this forum coming to. CLPL warrant with zero value promoted while shares that just declared a 10% dividend demoted.

Thank GMNet and SStar and value prick and all other . Waht a wondefully balance forum  now.

Even Sanasa pay 7= dividend, Just think how much money you have to spend to buy, as well as after the dividend,How long you need to Hold this share to get again profit.
This  share is good one, But during the years how many times can we earn profit  Twisted Evil based on investment ???? this is my opinion...It"s upto you... Very Happy If current price drop after dividend, how much will you lose Question  Question 



hasarel wrote:Now the price is too High, this worth around 70..,Because after dividend there is No much movements. Very Happy 

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Please understand the point dougie is trying to explain .....

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Yes after dividends it will fall to 75 maxxa.
Now its trading at 78
Get the benefit and wait this will going to 90Rs in short term.
I doubt it will touch 100 perhaps it will fail due to profit taking.

Jus watch this one

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Dougie

some people they never make money ...jus passing their opinion without reasoning ......

Howcome there is not much movement....

Last LOW 64 LAST HIGH 82 make calculation and see +7Rs.

approximately 40% return

23Sanasa Development Bank...will be shine Empty Re: Sanasa Development Bank...will be shine Thu Apr 10, 2014 10:58 am

Pethi

Pethi
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

there is something suspicious and fishy about this bank.I don't feel investing. Look at the high interest rates for fix deposits. compare sampath and Sanasa (S vs S).

Rs 7/= dividend seems more like a bait. or carrot. well appealing and generous.But why it is not moving????? anyway.... I have no money to lose.
Look at the history of this share last 2 years.....!


24Sanasa Development Bank...will be shine Empty Re: Sanasa Development Bank...will be shine Thu Apr 10, 2014 11:11 am

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Pethi wrote:there is something suspicious  and fishy about this bank.I don't feel investing. Look at the high interest rates for fix deposits. compare sampath and Sanasa (S vs S).

Rs 7/= dividend seems more like a bait. or carrot. well appealing and  generous.But why it is not moving????? anyway.... I have no money to lose.
Look at the history of this share last 2 years.....!  


They have been paying Rs 5 last few years ..... Very Happy so its not adhoc payouts. This year I think the declaration was ahead of usual period.

Well I don't know much about the ulterior motive.

Wait for the 2nd wave ...

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Pethi wrote:there is something suspicious  and fishy about this bank.I don't feel investing. Look at the high interest rates for fix deposits. compare sampath and Sanasa (S vs S).

Rs 7/= dividend seems more like a bait. or carrot. well appealing and  generous.But why it is not moving????? anyway.... I have no money to lose.
Look at the history of this share last 2 years.....!  


Pethi i am looking at figures on the table.

SDB declared Div 7 and you can buy @ 77 now.
has not gone up after yesterday announcement, its a mere 3rs.

usually this is about return 9% on CMP.
I do understand XD date this will come down.
If you look at the PA this will not come below 75 this is jus a calculation.
You are free to disagree.

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