SAMPATH BANK PLC (SAMP.N0000)

Slstock · 1 SAMPATH BANK PLC (SAMP.N0000) Fri Feb 11, 2011 9:35 am

Slstock

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Sampath Bank PLC (the Bank) is a Sri Lanka-based commercial bank. The principal activities of Bank include accepting deposits, corporate and retail banking, project financing, trade financing, treasury and investment services, issuing of local and international credit and debit cards, off-shore banking, foreign currency operations and electronic banking services, such as telephone banking, Internet banking, mobile banking, payment gateway, money remittance facilities, pawning, leasing, factoring, hire purchase, travel related services and dealing in government securities. It operates through four segments: Banking; Leasing, hire purchase & factoring; Dealing/Investment, and Others. The Leasing, hire purchase & factoring segments include finance leasing, hire purchase and factoring business of the Bank. The Dealing/Investment segment involves activities, such as stock broking, securities dealing, investment banking, venture capital businesses and foreign currency related services.

Year End EPS = 22.80
Quarter = 8.84

Has other income but overall perferomane for the year look good. Will need to analyze further ...

Last edited by slstock on Fri Feb 11, 2011 10:29 am; edited 2 times in total

Slstock · 2 Re: SAMPATH BANK PLC (SAMP.N0000) Fri Feb 11, 2011 10:10 am

Slstock

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As there is also a gain on Other income( seems to systematically disposing their Lanka bangla shares to maintian other income) . There is a dip from Net Interst income from last quarter but it seems to be the case off last year too. Provisions for bad loan write off is also there in dec quarter will is large/

Thouhg the EPS is high their core business results can be improved I think.

With the expanding branch network and budget tax benefits , Institutional buying , attractive dividends SAMP seems to a keeper for the next foreseeable future I believe

ShareShares · 3 Re: SAMPATH BANK PLC (SAMP.N0000) Fri Feb 11, 2011 1:04 pm

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All Banking and finance sector shares and the financially strong CINV, BUKI, CARS, GUAR groups come out with growing financials, these sectors and groups perform well purely based on their corporate performances. As expected B & F sector and groups considered to be giants in the financial market dominate the market for next 3 to 6 months. Institutional buying also focuses on the market these days.

BullionStock · 4 Re: SAMPATH BANK PLC (SAMP.N0000) Fri Feb 11, 2011 3:53 pm

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Can somebody explain why SAMP was not actively traded today?

reez · 5 SAMP.N is worth to buy? Mon Mar 05, 2012 2:39 pm

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I want to buy some samp.n now.
Is it a good price to buy?
or wheather i want to keep watch further some days more for down price.

traderathome · 6 Re: SAMPATH BANK PLC (SAMP.N0000) Mon Mar 05, 2012 3:28 pm

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reez wrote:I want to buy some samp.n now.
Is it a good price to buy?
or wheather i want to keep watch further some days more for down price.

160-170 was a good buy opportunity.we know samp is a good stock to buy and hold.but the technicals do not indicate a buying opportunity.if you buy this will be basicall a gamble.as you know stock trading means not gambling.you should then be in ballegio/mgm or other place. Mad

wait for the momentum to show and MP is above MA. i will put the chart in a shortwhile Laughing

traderathome · 7 Re: SAMPATH BANK PLC (SAMP.N0000) Mon Mar 05, 2012 3:36 pm

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traderathome wrote:

reez wrote:I want to buy some samp.n now.
Is it a good price to buy?
or wheather i want to keep watch further some days more for down price.

160-170 was a good buy opportunity.we know samp is a good stock to buy and hold.but the technicals do not indicate a buying opportunity.if you buy this will be basicall a gamble.as you know stock trading means not gambling.you should then be in ballegio/mgm or other place. wait for the momentum to show and MP is above MA. i will put the chart in a shortwhile

Attachments

samp.jpg: You don't have permission to download attachments.; (65 Kb) Downloaded 36 times

anubis · 8 Re: SAMPATH BANK PLC (SAMP.N0000) Mon Mar 05, 2012 4:05 pm

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SAMP is a fundamentally sound share. Their final quarter results were bit dissapointing but I guess that's OK given they have opened 35 new branches for the year.

The 18% credit growth cap was an issue, but they got an additional 5% from foreign loans (which was over subscribed by foreign banks btw). Still, 23% is short of their 34% growth in 2011. Rising interest rates is also an issue.

IMHO SAMP is an OK share at current levels, but you might have to hold for a long time. I sold all of my SAMP shares hoping it would come down a bit more in coming 3-6 months. But I could be wrong. It's up to you to decide Smile

Cheers!

TortoizePlus · 9 Re: SAMPATH BANK PLC (SAMP.N0000) Mon Mar 05, 2012 5:32 pm

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Yes, if you are an investor who likes to hold this for next two years. We will be able see improvements in SAMP bottom line from next 3-4 quarter onwards when newly opened branches contribute to profit margin.

Even, for past earnnings this is not a bad pick at this moment but don't expect quick gains and there is a possibility to drop the price bit further.

illuminati · 10 Re: SAMPATH BANK PLC (SAMP.N0000) Mon Mar 05, 2012 5:40 pm

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Buy SAMP next year at 140 if not lower For sure.

chamith · 11 Re: SAMPATH BANK PLC (SAMP.N0000) Mon Mar 05, 2012 5:59 pm

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illuminati wrote:Buy SAMP next year at 140 if not lower For sure.

Our market is a very small market. Therefore market is not that efficient. If the price fell by 5 LKR today does not mean that the value of the company gone down. The business will worth the same like yesterday. I am sure you will agree that SAMP is in its growth stage and will improve their profits in next few Qs / years. Here people are interested in investing not trading. I believe this company has a very bright future.

apollo5001 · 12 Re: SAMPATH BANK PLC (SAMP.N0000) Mon Mar 05, 2012 7:01 pm

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Really good share to buy. Just declared Rs.4.50 per share. Should have bought when it was @ 170's, but still this is a really good price for Sampath. Undervalued as well, so we can expect it to go little bit up in the near future, especially before 2nd of April

WildBear · 13 Re: SAMPATH BANK PLC (SAMP.N0000) Mon Mar 05, 2012 7:40 pm

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At present SAMP Is the 3rd largest commercial bank, and I think 2nd place is imminent,surpassing HNB. In medium to long run it will reach the top position.
SAMP slowly converting into a true universal banking and finance conglomerate with building its muscles.They got licence for Insurance and Merchant banking and to be take off in 2012.SAMP already has leasing,factoring and stock brokering in their portfolio in addition to commercial banking products. Yes SAMP will bring you real sampath in years to come.

traderathome · 14 Re: SAMPATH BANK PLC (SAMP.N0000) Mon Mar 05, 2012 7:47 pm

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WildBear wrote:At present SAMP Is the 3rd largest commercial bank, and I think 2nd place is imminent,surpassing HNB. In medium to long run it will reach the top position.
SAMP slowly converting into a true universal banking and finance conglomerate with building its muscles.They got licence for Insurance and Merchant banking and to be take off in 2012.SAMP already has leasing,factoring and stock brokering in their portfolio in addition to commercial banking products. Yes SAMP will bring you real sampath in years to come.

thanks wildbear,appreciate gathering these news for TAs like us. fundamentals will tell you what to buy and the technicals will tell you when to buy king

Light of Hope · 15 Re: SAMPATH BANK PLC (SAMP.N0000) Tue Mar 06, 2012 8:22 am

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I'm leaving banks out for this year. High deposit rates and 18% credit growth could hamper their growth.

mono · 16 Re: SAMPATH BANK PLC (SAMP.N0000) Tue Mar 06, 2012 8:51 am

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interest rate hikes tend to help banks. Especially the one's with strong deposit bases.

K.Haputantri · 17 Re: SAMPATH BANK PLC (SAMP.N0000) Tue Mar 06, 2012 9:02 am

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illuminati wrote:Buy SAMP next year at 140 if not lower For sure.

This is possible only if there is going to be a share split bot otherwise.

smallville · 18 Re: SAMPATH BANK PLC (SAMP.N0000) Tue Mar 06, 2012 10:09 am

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illuminati wrote:Buy SAMP next year at 140 if not lower For sure.

Why the hell SAMP has to go down to 140 next year?
When u say something u should give a reason as to why..

I respect the fact that u may be a matued, experience investor/trader than us, but even how much mature u are or the years in experience you have, just talk bearish of all the shares may allow you to position your self as a prominent joker in the forum.. I mean there's a rational to all of our thought know? Or else we call it gut feeling sometimes Wink

SAMP can come down to 150s if we see ASI around 4700... So investers should grab these shares as much cheaper as they could...

reez · 19 Re: SAMPATH BANK PLC (SAMP.N0000) Tue Mar 06, 2012 10:10 am

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thanx traderathome ur valuable advice. i sold 1 million worth share @ 210.00.
nw i bougt at 182 same.
i want to buy some more @ 170

ccsentha · 20 Re: SAMPATH BANK PLC (SAMP.N0000) Tue Mar 06, 2012 5:35 pm

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I like the aggressive expanding of sampath. I'm really tempted with it.

On banking/insurance sector JINS too seems good with P/E of 6.4 In long term both of these could be winners.

K.Haputantri · 21 Re: SAMPATH BANK PLC (SAMP.N0000) Tue Mar 06, 2012 5:48 pm

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smallville wrote:

illuminati wrote:Buy SAMP next year at 140 if not lower For sure.

Why the hell SAMP has to go down to 140 next year?
When u say something u should give a reason as to why..

I respect the fact that u may be a matued, experience investor/trader than us, but even how much mature u are or the years in experience you have, just talk bearish of all the shares may allow you to position your self as a prominent joker in the forum.. I mean there's a rational to all of our thought know? Or else we call it gut feeling sometimes

SAMP can come down to 150s if we see ASI around 4700... So investers should grab these shares as much cheaper as they could...

You are absolutely correct.I see no reason for SAMP to come down.

traderathome · 22 Re: SAMPATH BANK PLC (SAMP.N0000) Tue Mar 06, 2012 6:09 pm

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reez wrote:thanx traderathome ur valuable advice. i sold 1 million worth share @ 210.00.
nw i bougt at 182 same.
i want to buy some more @ 170

if you have bought @182 then thats fine .perhaps you looked at fundamentals and bought it.i dont see any technical reason behind it.but if you have bought after carefully assessing then its another reason altogether not to mention some inside info Laughing

for me there is no reason to buy at 172 again unless some buying pressure that will make stocks to be above the MA at that level.i always like to be on the side of the trend when i enter. and not the opposit.i would like you to re assess and decide carefully where you will place your buy orders Cool

if i were you i will place my orders as follows;

1st LOT @ 170/- (You already bought at 182/-)
2nd LOT @ 135/-
3rd LOT @ 95/-

Each time averaging to reflect market price.

I will sell them off @ 200/-, 240 and @285 Very Happy

But i will trade using my own funds and to with MARGIN.as i very shrewd to give money to the broker other than his due brokerage.

but i like to advise to hold on the share and wait for the crossing of stock price the MA to purchase more as this will be the safest as you will be trading with the momentum.

Wink

Rajaraam · 23 Re: SAMPATH BANK PLC (SAMP.N0000) Sat Mar 10, 2012 8:22 am

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traderathome wrote:

WildBear wrote:At present SAMP Is the 3rd largest commercial bank, and I think 2nd place is imminent,surpassing HNB. In medium to long run it will reach the top position.
SAMP slowly converting into a true universal banking and finance conglomerate with building its muscles.They got licence for Insurance and Merchant banking and to be take off in 2012.SAMP already has leasing,factoring and stock brokering in their portfolio in addition to commercial banking products. Yes SAMP will bring you real sampath in years to come.

thanks wildbear,appreciate gathering these news for TAs like us. fundamentals will tell you what to buy and the technicals will tell you when to buy

I appriciate your great advice.

traderathome · 24 Re: SAMPATH BANK PLC (SAMP.N0000) Sat Mar 10, 2012 10:03 am

traderathome

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Rajaraam wrote:

traderathome wrote:

WildBear wrote:At present SAMP Is the 3rd largest commercial bank, and I think 2nd place is imminent,surpassing HNB. In medium to long run it will reach the top position.
SAMP slowly converting into a true universal banking and finance conglomerate with building its muscles.They got licence for Insurance and Merchant banking and to be take off in 2012.SAMP already has leasing,factoring and stock brokering in their portfolio in addition to commercial banking products. Yes SAMP will bring you real sampath in years to come.

thanks wildbear,appreciate gathering these news for TAs like us. fundamentals will tell you what to buy and the technicals will tell you when to buy

I appriciate your great advice.

Just wanted to update the chart on SAMP N as previous chart had some data gaps. Damn i cant upload the charts again Sad

reez · 25 Re: SAMPATH BANK PLC (SAMP.N0000) Thu Apr 05, 2012 3:59 pm

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hay i succeed, i bought some @ LKR172-175

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SAMPATH BANK PLC (SAMP.N0000)

1 SAMPATH BANK PLC (SAMP.N0000) Fri Feb 11, 2011 9:35 am

Slstock

2 Re: SAMPATH BANK PLC (SAMP.N0000) Fri Feb 11, 2011 10:10 am

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3 Re: SAMPATH BANK PLC (SAMP.N0000) Fri Feb 11, 2011 1:04 pm

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