BANKING SECTOR

C.THARANGA · 1 Re: BANKING SECTOR on Thu Jan 21, 2021 8:07 am

C.THARANGA

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@100Bill wrote:

@100Bill wrote:I feel Bank run is temporary. It's need another 3 months to understand real financial scenario.

This is my personal opinion...

World of HAYLES, subdivision can negatively effect bank buyers sentiment.....

it's your decision

.......

Investors will have no faith on sub division due to too many sub divisions

14 companies announcements published related to sub divisions.

100Bill · 2 Re: BANKING SECTOR on Thu Jan 21, 2021 7:51 am

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@100Bill wrote:I feel Bank run is temporary. It's need another 3 months to understand real financial scenario.

This is my personal opinion...

World of HAYLES, subdivision can negatively effect bank buyers sentiment..... Question

it's your decision Exclamation

.......

Harry82 · 3 Re: BANKING SECTOR on Thu Jan 21, 2021 3:34 am

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LFIN is the higher gainer as well as LOLC today.

vijay singh · 4 Re: BANKING SECTOR on Thu Jan 21, 2021 3:30 am

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yes.. NDB is, higher gainer. as well HNBX.

Eranga87 · 5 Re: BANKING SECTOR on Thu Jan 21, 2021 2:53 am

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WHEN YOU CHECK DIVIDEND YIELD AND EPS, EASILY REALIZE WHICH IS HIGHEST POTENTIAL GAINER. NDB WILL HEAT UP SOON.

BANKING SECTOR Ndb10

suku502 · 6 Re: BANKING SECTOR on Wed Jan 20, 2021 10:35 pm

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what is the target price of COMB.N ??

ONTHEMONEY · 7 Re: BANKING SECTOR on Wed Jan 20, 2021 6:34 pm

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Hi all,

In the current context of the market, I see a HUIGE potential in the BANKING stocks primarily based on following factors. The whole perspective, which was there in last August~December period is eroding at a faster phase than we think and FUTURE OUTLOOK for BANKS is EXTREMELY PROMISSING in COMING QUATERS.

The following are the CORE REASONS which I feel will ADD more FUEL to the GROWTH in Banking shares

Improvement in NPA portfolios and NPA settlements - The Banks recorded a massive NPA book resulted from the C19 impact and delays in loan repayments by its client which has now becoming completely REVERSED as the economic activities have reinstated as USUAL. Currently, even the tourism sector revived with the opening up of the AIRPORT since 21st January 2021. Hence, we cannot expect any more MORATORIUM instructions by CBSL pressurizing Bank further more. Additionally, the NPA loans tend to settle normally in a low interest situation coupled with increased economic activities as the borrowers tend to SETTLE BAD LOANS and take fresh facilities to take new business opportunities.

Settlement of Bad Loans and Reversal of PROVISIONS - Banks should ideally have provided 100% as provisions for Bad Debts probably by now and those will be reversed/booked to ACCOUNTS together with BAD LOAN SETTLEMENTS. This will be a massive GOLD MINE for all the Banks on top of the increased new business

Re-pricing of DEPOSIT portfolio - Banks have the majority of the Deposit mix under FIXED DEPOSITS and the all deposits taken at HIGH INTEREST RATES now has completed almost 9~12 months and NOW REPRICED at current LOW RATES. This would have adjust the NET INTEREST MARGINS of Banks and would now be able to operate with EXTRA COUSION than earlier which would result increased PROFITABILITY in new business

INCREASED ECONOMIC ACTIVITY in POST COVID-19 - Increased loan demand by the BUSINESS and RETAILERS for ROAD CONSTRUCTIONS, HOUSING CONSTRUCTIONS, EXPORT, PHARMACUTICAL, PORT CITY DEVELOPMENTS, AGRICULTURE, etc promoted by the BUDGET 2021, which shall boost LOAN BOOK GROWTH increasing the REVENUE CHANNELS of the Bank

LOWEST NET BOOK VALUE as a SECTOR - The Banks are TRADING @ 0.57X times of NET ASSET VALUE. This means in case of a LIQUIDATION, an INVESTOR should ideally be paid 1X TIMES. [ e.g. COMB Net Asset Value Rs 137/- and now trading @ Rs 96/-. an investor to get Rs 137/- per share, if the Bank is bankrupted]

LOWEST PE ratio @ 5.29 where the CSE PE @ 13.11 - The EPS generated by the Banks are massive and historically Dividend Payout ratio is strong in Banks

During the last 9-12 months, what was felt that the hit spiked from COVID19 was passed to Banks by the Government to manage the kiosk and now it is being REVERSED

However, together with the LIFT in DIVIDENDS for FY 2020/2021 by CBSL, the banks are becoming HIGH VALUED DIAMONDS in CSE with HIGH level of GROWTH POTENTIAL in coming QUARTERS. The negative trajectory in EARNINGS may record a REVERSAL in coming QUARTERS and we can safely EXPECT MASSIVE GROWTH IN EARNINGS which will ensure POCKET FULL of RETURNS to the INVESTORS.

However, there may be triggered foreign sell calls occasionally which is primarily because of the low country rating but the CSE recorded many heights where foreigner being sellers. However, foreigners shall become net buyers with improved Post C19 economic climate, specially the Chinese as they have increased the stake in South Asia recently.[India]

ALERT - INCREMENTAL COLLECTION in ALL BANKS in CSE is the KEY for SUPER NORMAL RETURNS

Good Luck

subash81 · 8 Re: BANKING SECTOR on Wed Jan 20, 2021 5:31 pm

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HNB.X 150
UBC 30
SEYB 75

Vishwanarth · 9 Re: BANKING SECTOR on Wed Jan 20, 2021 4:39 pm

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Bank rally was disturbed by the two divided argument by the two different thoughts.
One side said DVD policy is not bad and next side said can't block money as we heading to the Q3 reports releasing months. They prefer to allocate cash for most rising stock in the season. Brokers also gave suspicious opinion about banks expected increase

Vishwanarth · 10 Re: BANKING SECTOR on Wed Jan 20, 2021 4:39 pm

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..

Last edited by Vishwanarth on Wed Jan 20, 2021 4:39 pm; edited 1 time in total

Eranga87 · 11 Re: BANKING SECTOR on Wed Jan 20, 2021 2:13 pm

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@Eranga87 wrote:

@Jana wrote:

@Eranga87 wrote:

@Jana wrote:

@Eranga87 wrote:@Ramesh tharaka bulto,

most probably YES.,
Banks will move ASAP. collections ongoing.

compare with last month's price level all banks moved already.. next week Bank also riding on the Bull.

HNB N, X , SDB , SAMP still low price compare with other bank and more potential to go up

HNB N very soon 150/= X 125/= 130/=

last Friday, banks take baton began rally. still bank had not moved as we wish. i would like to specially highlight NDB, HNBX, DFCC and as well COCR, CFVF.

Agreed, HNBX 130+
NDB 120+
DFCC 80+
COCR 30+
CFVF 70+ (If they pay dividends)

*The stocks mentioned are not intended to be a list of buy recommendations.

NDB not now .. waiting for RIGHTS . So after rights it will go up..

NDB boost than others. don't care about the right issue. RI date will announce after went to Rs.90. RI so benefited to exiting holders. NDB price still 11 back lowest level. My initial target Rs.90+ and after 120+.

within 3 days, My Initial targets almost achived. Let's see

NDB 2nd TPs. Rs.120+
COCR Rs. 40+
DFCC Rs.80+
CFVF still straggling due to pending dividends. believe , it will sort out.

NDB will announce scrip dividends soon mid February. CB allows cash dividends after review thir financial, anyway, still highly undervalued sector.

Tiger_Wolf · 12 Re: BANKING SECTOR on Wed Jan 20, 2021 2:04 pm

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BUY....BUY.......BANKS,

50% Profit sure...
SAMP 230
HNB 200
NDB 120
PABC 30...

suku502 · 13 Re: BANKING SECTOR on Wed Jan 20, 2021 9:42 am

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all are taking about annual report Very Happy

. if you havn't collected , plz collect now , otherwise you may too late. COMBANK still a valuable share , very strong bank, it should well above the Rs.100 with compared to existing other banks (investment Purpose). i am investing COMBANK. already i have below 90 , but i am not selling.that is my view. sure this time audited FS will late some times.

High-flyer · 14 Re: BANKING SECTOR on Wed Jan 20, 2021 9:26 am

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@Vishwanarth wrote:

@atdeane wrote:

@IDK wrote:

@subash81 wrote:Banks can pay dividends in March

NO ...will take at least six months
banks will be down with yesterday CBSL announcement

After their financial release in feb they can give dividends. Prices will go up today.

Audit has to be done by audit firms . May be June.

COMB - Annual report Announced 5th March 2020
HNB - Annual report Announced 5th March 2020
SAMP - Annual report Announced 28th Feb 2020
NDB - Annual report Announced 3rd March 2020

Usually what happens is Financial statements are done in time. All other reporting takes times.

So we can expect Audited report by end of Feb 2021.

Love Boy · 15 Re: BANKING SECTOR on Wed Jan 20, 2021 8:25 am

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@100Bill wrote:I feel Bank run is temporary. It's need another 3 months to understand real financial scenario.

This is my personal opinion...

Thank You for the correct understanding. Bank and Finance companies expected to generate relative losses within next 3months.

If we try to over value them now, Index will break within next month with high damage.

This is my opinion.

100Bill · 16 Re: BANKING SECTOR on Wed Jan 20, 2021 8:14 am

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I feel Bank run is temporary. It's need another 3 months to understand real financial scenario.

This is my personal opinion...

Vishwanarth · 17 Re: BANKING SECTOR on Wed Jan 20, 2021 8:13 am

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@atdeane wrote:

@IDK wrote:

@subash81 wrote:Banks can pay dividends in March

NO ...will take at least six months
banks will be down with yesterday CBSL announcement

After their financial release in feb they can give dividends. Prices will go up today.

Audit has to be done by audit firms . May be June.

atdeane · 18 Re: BANKING SECTOR on Wed Jan 20, 2021 7:52 am

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@IDK wrote:

@subash81 wrote:Banks can pay dividends in March

NO ...will take at least six months
banks will be down with yesterday CBSL announcement

After their financial release in feb they can give dividends. Prices will go up today.

IDK · 19 Re: BANKING SECTOR on Wed Jan 20, 2021 7:50 am

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@subash81 wrote:Banks can pay dividends in March

NO ...will take at least six months
banks will be down with yesterday CBSL announcement

subash81 · 20 Re: BANKING SECTOR on Wed Jan 20, 2021 7:41 am

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HNB
SAMP
UBC
PABC

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BANKING SECTOR

1 Re: BANKING SECTOR on Thu Jan 21, 2021 8:07 am

C.THARANGA

2 Re: BANKING SECTOR on Thu Jan 21, 2021 7:51 am

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3 Re: BANKING SECTOR on Thu Jan 21, 2021 3:34 am

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4 Re: BANKING SECTOR on Thu Jan 21, 2021 3:30 am

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5 Re: BANKING SECTOR on Thu Jan 21, 2021 2:53 am

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6 Re: BANKING SECTOR on Wed Jan 20, 2021 10:35 pm

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7 Re: BANKING SECTOR on Wed Jan 20, 2021 6:34 pm

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8 Re: BANKING SECTOR on Wed Jan 20, 2021 5:31 pm

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9 Re: BANKING SECTOR on Wed Jan 20, 2021 4:39 pm

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10 Re: BANKING SECTOR on Wed Jan 20, 2021 4:39 pm

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11 Re: BANKING SECTOR on Wed Jan 20, 2021 2:13 pm

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12 Re: BANKING SECTOR on Wed Jan 20, 2021 2:04 pm

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13 Re: BANKING SECTOR on Wed Jan 20, 2021 9:42 am

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14 Re: BANKING SECTOR on Wed Jan 20, 2021 9:26 am

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