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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » NATIONAL DEVELOPMENT BANK PLC (NDB.N0000)

NATIONAL DEVELOPMENT BANK PLC (NDB.N0000)

+26
Love Boy
KingKong
Kevinmikegrit
SANJAYANM
shihan 93
Saraka
කොටස් වෙළඳපොළ2020
SUSPENS
Teller
ResearchMan
sameera_cds
Junior investor
NiroR
lbnnirmal
ColomboCSE
hammurabi
ThilinaM
chandanaplus@gmail.com
sikka89
anges
ruwan326
MarketWch
dushanp
thankrishan
Captain
MasterD
30 posters

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Captain


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
National Development Bank PLC (the Bank) is a Sri Lanka-based commercial bank. The principal activities of the Bank consist of retail banking, small and medium enterprise (SME) banking, corporate banking, project and infrastructure financing, investment banking, leasing, housing finance, cash management, correspondent banking, remittance services, margin trading, pawning, treasury and investment services, bancassurance and card operations. The Bank operates through four segments: Banking, Capital Markets, Property Investment and Others. The Bank is also engaged in fee-based businesses in Bangladesh through NDB Capital Ltd. and private equity in Mauritius through NDB Zephyr Partners Ltd. The Company serves a spectrum of clientele ranging from individuals, micro enterprises, SMEs, corporates to state-owned enterprises and multinational companies. The Bank operates a network of approximately 100 branches that are categorized into eight regions.

For me it is correct time to buy now based on following reasons,

1. NAPS - Rs. 185/-
2. Last Qtr Group EPS - Rs. 4.48 (Amualised Rs 18/-) and Bank EPS Rs 7.72 (Annualised Rs 31/-)
3. Dividend Declaration most likely to happen in the month of February. (Possible to between Rs. 10/-      to 12 /- based on passed)
4. Based on Chart it should move up now.


Expert Please advice on this share, Specially with regard to government future policy on interest rate.

MasterD


Stock Analytic
Stock Analytic
@Captain wrote:For me it is correct time to buy now based on following reasons,

1. NAPS - Rs. 185/-
2. Last Qtr Group EPS - Rs. 4.48 (Amualised Rs 18/-) and Bank EPS Rs 7.72 (Annualised Rs 31/-)
3. Dividend Declaration most likely to happen in the month of February. (Possible to between Rs. 10/-      to 12 /- based on passed)
4. Based on Chart it should move up now.


Expert Please advice on this share, Specially with regard to government future policy on interest rate.


Doing good at the moment.
Still not late to enter.
150 the target

Captain


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Will clear easily your target

thankrishan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
National Development Bank (NDB) reported a net profit of Rs.1,034mn for 3Q2017 (+17% YoY), resulting in a net profit of Rs.2,520mn for 1-3Q2017 (+28% YoY).

dushanp


Stock Trader
DIVIDEND ANNOUNCEMENT
31 October 2017

Date of Announcement: - 31. Oct.2017 
Rate of Dividend: - Rs. 2.00 per share / Interim Dividend 
Financial Year: - 2017 
Shareholder Approval: - Not Required 
XD: - 10. Nov.2017 
Payment: - 21.Nov.2017 

MarketWch

MarketWch
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) Image_10
The National Development Bank PLC was felicitated with the most coveted global banking award – the ‘Bank of the Year in Sri Lanka 2018’ presented by The Banker UK.
NDB Director/Group CEO Dimantha Seneviratne accepted this award on behalf of NDB at a presentation ceremony held in London, UK amidst over 400 senior bankers from across the globe.

“The year 2018 has been a significant year for NDB, and this award is a testament to NDB’s strong management skills, significant growth and noteworthy performance in the balance sheet,” Seneviratne said.

The comprehensive evaluation for the Bank of the Year awards named after Brendan Bracken, the founding editor of ‘The Banker’ in 1926 and Chairman of the Financial Times from 1945 to 1958, covers qualitative achievements, strategic initiatives, financial results, growth rates and performance data as well as other aspects such as technology and innovative processes. 

The Banker – UK ‘Bank of the Year’ award comes in the backdrop of NDB being recognised as the Best Bank in Sri Lanka by the coveted awards program of the Global Finance USA. As such 2018 marks a significant year for NDB where it won both these prestigious awards in one single year, which is a rare feat for a bank. In addition NDB won a number of other awards within the year 2018 including being named the ‘Best Bank in Sri Lanka’ by the Global Finance award, the Bank of the Year for ‘Excellence in Customer Convenience’ from LankaPay Technnovation Awards, and seven additional awards under three categories – Retail Banking Awards, Wholesale Banking Awards and Corporate & Investment Banking Awards by the Asian Banking & Finance Magazine of Singapore among others.

Commenting on the Banker award, Seneviratne stated, “Our relentless passion for exceptional customer service augmented by digital capabilities, and a committed team rallying around the one goal of taking NDB to great heights, have been the key enablers of our success.” He dedicated this award to the Bank’s shareholders, customers, staff members and all other stakeholders who support NDB’s endeavours in charting a new course in banking for the development and success of our nation and its people. 

NDB Bank is an affiliate of the NDB Group, one of the fastest growing financial services conglomerates in Sri Lanka. From its inception, the group which includes NDB Bank, NDB Investment Banking, NDB Wealth, NDB Securities, and NDB Capital has been a catalyst in the development of the nation, strengthening and empowering entrepreneurs, corporates and individuals from all strata of the economy, where customers across all group companies have benefited from the product and service offerings of the NDB group.

MarketWch

MarketWch
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Current Traded price 108(Huge director buying from 106 to 108)

Book Value203.15
EPS27.23
P/E3.97

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@MarketWch wrote:Current Traded price 108(Huge director buying from 106 to 108)







[b][b]Book Value[/b][/b][b][b]203.15[/b][/b]
[b][b]EPS[/b][/b][b][b]27.23[/b][/b]
[b][b]P/E[/b][/b][b][b]3.97[/b][/b]

Did you sold UBC Wink ?

NDB good choice over UBC Idea


NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) Ndb-q312

9NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) Empty NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) Thu Feb 07, 2019 11:12 am

MarketWch

MarketWch
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Heard some rumors about NDB banks new ventures,anyone got any news?

MarketWch

MarketWch
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Demand is getting higher....

anges


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
as for me demand has drop

sikka89


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
NDB ignore.

13NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) Empty NDB share price forcast Fri Oct 04, 2019 8:18 am

chandanaplus@gmail.com


Stock Trader
NDB share price retrace 85/90 and bullish trend start after that Shocked

14NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) Empty NDB share price forcast Fri Oct 04, 2019 8:42 am

chandanaplus@gmail.com


Stock Trader
NDB share price retrace 85/90 and bullish trend start after that ShockedNATIONAL DEVELOPMENT BANK PLC (NDB.N0000) Ndp_fo13

ThilinaM

ThilinaM
Vice President - Equity Analytics
Vice President - Equity Analytics
now they are strengthning loan side

hammurabi

hammurabi
Manager - Equity Analytics
Manager - Equity Analytics
@ThilinaM wrote:now they are strengthning loan side

Thats very funny 😆

ColomboCSE


Manager - Equity Analytics
Manager - Equity Analytics
@ThilinaM wrote:now they are strengthning loan side


I think com bank has good customer base rit? old days my friend told me CTC also move to com bank.

but guys i'm not sure current situation just gosip info i have. if you invest study and invest.

hammurabi

hammurabi
Manager - Equity Analytics
Manager - Equity Analytics
Rank as per deposit base
1. BOC
2. Peoples
3. Commercial 
4. NSB
5. HNB

lbnnirmal

lbnnirmal
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Based on Asia-Securities

We maintain our TP for NDB at LKR 125.00/share (+27.7% upside; +34.8% TSR) valuing the stock at a conservative 0.6x CY20E BV. We maintain our BUY rating. NDB reported 4Q CY19 EPS of LKR 8.29 (+5.6% YoY) which benefited from a LKR 350mn tax reversal (SLDB-related). The key highlight was the strong loan growth during the quarter, which, at 5.0% QoQ and 15.8% YoY outpaced the industry by a large margin. On the other hand, NIMs saw only a modest decline, given the focus towards retail and project financing. With stronger loan growth expected in CY20E and the tax cuts providing a boost to the bottom line, we expect the bank to report a ROE of 14.6%. Basel III capital requirements were officially revised in December 2019, and NDB’s minimum tier 1 CAR would remain at 8.50%. This removes the need for a large capital infusion, supporting our positive view. 

Asia-Securities-National-Development-Bank-4Q-CY19-Earnings-Update-24-February-2020.pdf

NiroR


Stock Trader
116.30 LKR possible ..<

ThilinaM

ThilinaM
Vice President - Equity Analytics
Vice President - Equity Analytics
with 7 rs div if u able to buy for 96 mean 96-7 like u bought for 89.
use the tip. NDB can go 115 in next few months . quick profit.

Junior investor

Junior investor
Manager - Equity Analytics
Manager - Equity Analytics
I bought @ 96 couple of days ago

ThilinaM

ThilinaM
Vice President - Equity Analytics
Vice President - Equity Analytics
@JUNIOUR - wait at least 3 months. immeadiately after ex div date price will drop to 89-90.
and gradually will increase again to 115 range. then sell !!!

Junior investor

Junior investor
Manager - Equity Analytics
Manager - Equity Analytics
can NDB go below 90 or even 80? should I wait to buy more

25NATIONAL DEVELOPMENT BANK PLC (NDB.N0000) Empty What will happen NDB Wed Jun 10, 2020 10:49 am

sameera_cds


Equity Analytic
Equity Analytic
anybody have an idea about NDB?

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