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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » BANKING SECTOR

BANKING SECTOR

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251BANKING SECTOR - Page 11 Empty Re: BANKING SECTOR Wed Jan 20, 2021 4:39 pm

Vishwanarth


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
..



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

252BANKING SECTOR - Page 11 Empty Re: BANKING SECTOR Wed Jan 20, 2021 4:39 pm

Vishwanarth


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
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

253BANKING SECTOR - Page 11 Empty Re: BANKING SECTOR Wed Jan 20, 2021 5:31 pm

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
HNB.X 150
UBC 30
SEYB 75

254BANKING SECTOR - Page 11 Empty Re: BANKING SECTOR Wed Jan 20, 2021 6:34 pm

ONTHEMONEY


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
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

lbnnirmal, Eranga87, RJ1010, subash81, invest thinker, Dilendra23 and TD like this post

255BANKING SECTOR - Page 11 Empty Re: BANKING SECTOR Wed Jan 20, 2021 10:35 pm

suku502


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
what is the target price of COMB.N ??

256BANKING SECTOR - Page 11 Empty Re: BANKING SECTOR Thu Jan 21, 2021 2:53 am

Eranga87


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
WHEN YOU CHECK DIVIDEND YIELD AND EPS, EASILY REALIZE WHICH IS HIGHEST POTENTIAL GAINER. NDB WILL HEAT UP SOON.


BANKING SECTOR - Page 11 Ndb10

invest thinker, SL-INVESTOR, C.THARANGA and Sachira90 like this post

257BANKING SECTOR - Page 11 Empty Re: BANKING SECTOR Thu Jan 21, 2021 3:30 am

vijay singh


Senior Equity Analytic
Senior Equity Analytic
yes.. NDB is, higher gainer. as well HNBX.

SL-INVESTOR and C.THARANGA like this post

258BANKING SECTOR - Page 11 Empty Re: BANKING SECTOR Thu Jan 21, 2021 3:34 am

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
LFIN is the higher gainer as well as LOLC today.

259BANKING SECTOR - Page 11 Empty Re: BANKING SECTOR Thu Jan 21, 2021 7:51 am

100Bill

100Bill
Senior Equity Analytic
Senior Equity Analytic
@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

.......

260BANKING SECTOR - Page 11 Empty Re: BANKING SECTOR Thu Jan 21, 2021 8:07 am

C.THARANGA


Manager - Equity Analytics
Manager - Equity Analytics
@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.....  Question


it's your decision  Exclamation

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


14 companies announcements published related to sub divisions.

SL-INVESTOR and Sachira90 like this post

261BANKING SECTOR - Page 11 Empty Re: BANKING SECTOR Tue Feb 16, 2021 9:38 am

samaritan


Moderator
Moderator
Banking sector December NPLs fall to lowest level seen during 2020


Sri Lanka’s banking sector asset quality, measured by the gross non-performing loan (NPL) ratio, fell to the lowest level seen during 2020, finishing the year with 4.9 percent, according to the Central Bank (CB) officials. 

[url=http://www.dailymirror.lk/business-news/Banking-sector-December-NPLs-fall-to-lowest-level-seen-during-2020/273-205891#:~:text=Banking sector December NPLs fall to lowes]http://www.dailymirror.lk/business-news/Banking-sector-December-NPLs-fall-to-lowest-level-seen-during-2020/273-205891#:~:text=Banking%20sector%20December%20NPLs%20fall%20to%20lowes[/url]


_________________




The biggest risk in life is not taking any risk at all.

ADVENTUS, Love Boy and judecroos like this post

262BANKING SECTOR - Page 11 Empty Re: BANKING SECTOR Tue Feb 16, 2021 7:26 pm

Wonderer


Equity Analytic
Equity Analytic
Will the SAMP dividend ingnite the sector?

263BANKING SECTOR - Page 11 Empty Re: BANKING SECTOR Tue Feb 16, 2021 7:41 pm

High-flyer

High-flyer
Manager - Equity Analytics
Manager - Equity Analytics
Dividend Season started now. Banks are the leading Dividend payers.

264BANKING SECTOR - Page 11 Empty Re: BANKING SECTOR Tue Feb 16, 2021 7:54 pm

samaritan


Moderator
Moderator
Dampened and dented investor sentiment after the infamous SEC circular that triggered the market downfall witnessed foreign sale of 1,067,403 Sampath shares at 165 today. 

Future looks very gloomy! Cannot bank on anything until matters are resolved in the best interest of all stakeholders concerned at the earliest.


_________________




The biggest risk in life is not taking any risk at all.

ADVENTUS and judecroos like this post

265BANKING SECTOR - Page 11 Empty Re: BANKING SECTOR Thu Feb 18, 2021 10:26 am

Eranx


Equity Analytic
Equity Analytic
Samp Dividends
DFCC Dividends..

266BANKING SECTOR - Page 11 Empty Banking Sector Thu Jun 03, 2021 2:09 am

madukp


Expert
Expert
The bank sector may run a bit. Especially there are some undervalued banks like SEYB , HNB,
we've seen some foreign entering into our banks during the past month
highlights, mainly SAMP.
SAMP - +5,908,348 (from 5/3/2021)
PABC - 92,003 (from 5/3/2021)
HNB - after dumping 6,134,698 shares on 5/4/2021 , then there are some positive buying going on
SDB, SEYB , there wasn't any attraction to foreigners yet.

Even though countries' economy in question, we didn't see financial crisis or negative impact to banking sector. Now we see some gan form financials, hence there might be some banking run in near future.

dayandacool and judecroos like this post

267BANKING SECTOR - Page 11 Empty Re: BANKING SECTOR Thu Jun 03, 2021 9:13 am

Investinginsl


Stock Trader
HNB seems to be lucrative at current price.

madukp likes this post

268BANKING SECTOR - Page 11 Empty Re: BANKING SECTOR Fri Jun 04, 2021 8:29 am

judecroos


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Investinginsl wrote:HNB seems to be lucrative at current price.
HNB,SAMP and COMB are trading @ very discounted prices, I mean BARGAIN PRICES Smile . Any one want to do an investment now is the correct time. Because even in our difficult times these banks showed a strong growth.  GL

Thushara Ayya, madukp, RJ1010 and Bakkabwoi like this post

269BANKING SECTOR - Page 11 Empty Re: BANKING SECTOR Fri Jun 04, 2021 2:23 pm

madukp


Expert
Expert
SEYB - 500k crossing @ 50.00, Thanks to all who have been selling this share around 48-49.
SAMP good buying at 55-56, will it clear 60's any soon?
COMB good collecting - hopefully, clear 95 soon.
HNB yet floating around 136, with some attention
SDB floating around 51 without much attention
PABC , DFCC gearing up.
When LOLC clears 400, hopefully, there will be much attention to the banking sector.


Mario likes this post

270BANKING SECTOR - Page 11 Empty Re: BANKING SECTOR Fri Jun 04, 2021 5:18 pm

Eranx


Equity Analytic
Equity Analytic
HNB.X
COMB.X

Most undervalued dividend shares in banking sector!!!!
Don't miss the opportunity!!!!

TraderCSE, Nandun and judecroos like this post

271BANKING SECTOR - Page 11 Empty Re: BANKING SECTOR Sun Jun 06, 2021 4:02 pm

buddikasmart

buddikasmart
Manager - Equity Analytics
Manager - Equity Analytics
Hnb is the most undervalued share and it is a risk-free investment.. 
Why...
In 2017 HNB issued shares through the right issue and the share price was HNB N 220/- 
HNB X 190/- Very Happy Very Happy Very Happy


https://i.servimg.com/u/f42/19/01/45/26/screen10.jpg

judecroos likes this post

272BANKING SECTOR - Page 11 Empty Re: BANKING SECTOR Mon Jun 07, 2021 7:22 am

judecroos


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@buddikasmart wrote:Hnb is the most undervalued share and it is a risk-free investment.. 
Why...
In 2017 HNB issued shares through the right issue and the share price was HNB N 220/- 
HNB X 190/- Very Happy Very Happy Very Happy


https://i.servimg.com/u/f42/19/01/45/26/screen10.jpg
Yes true HNB is under valued and should trade much higher than the current prices.
same with SAMP,and COMB

273BANKING SECTOR - Page 11 Empty Re: BANKING SECTOR Mon Jun 07, 2021 11:58 pm

sakuni


Senior Equity Analytic
Senior Equity Analytic
@buddikasmart wrote:Hnb is the most undervalued share and it is a risk-free investment.. 
Why...
In 2017 HNB issued shares through the right issue and the share price was HNB N 220/- 
HNB X 190/- Very Happy Very Happy Very Happy


https://i.servimg.com/u/f42/19/01/45/26/screen10.jpg
HNB X  Pass Rs 130  as soon as possible..share sub division  on the way..

274BANKING SECTOR - Page 11 Empty Re: BANKING SECTOR Tue Jun 08, 2021 9:19 am

Investinginsl


Stock Trader
All, HNB,SAMP & COMB are good specially from long terms investor perspective. 

However, at current price level, HNB seems to be most undervalued one, compared to its main competitors. 

https://investinginsl.blogspot.com/2021/06/Bank%20Performance.html

275BANKING SECTOR - Page 11 Empty Re: BANKING SECTOR Tue Jun 08, 2021 1:33 pm

Eranx


Equity Analytic
Equity Analytic
@sakuni wrote:
@buddikasmart wrote:Hnb is the most undervalued share and it is a risk-free investment.. 
Why...
In 2017 HNB issued shares through the right issue and the share price was HNB N 220/- 
HNB X 190/- Very Happy Very Happy Very Happy


https://i.servimg.com/u/f42/19/01/45/26/screen10.jpg
HNB X  Pass Rs 130  as soon as possible..share sub division  on the way..
Sub-division?

276BANKING SECTOR - Page 11 Empty Re: BANKING SECTOR Fri Jun 18, 2021 7:14 am

Thushara Ayya

Thushara Ayya
Vice President - Equity Analytics
Vice President - Equity Analytics
https://www.ft.lk/front-page/Banks-once-again-allowed-to-invest-in-ISBs-new-conditions-imposed/44-719338


Will this positive for banks....?

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