FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» COCR - silence of the COCR
by Hawk Eye Yesterday at 10:44 pm

» Plantation Companies
by cheetah Yesterday at 12:29 pm

» COCR IN TROUBLE?
by Equity Win Yesterday at 11:22 am

» Banking Sector (3Q 2024)
by SL-INVESTOR Tue Dec 03, 2024 10:09 pm

» PALM Stock Update: Ready to Break Out!
by Anura-K Fri Nov 29, 2024 5:40 pm

» Renewable Energy Companies (1H 2024)
by God Father Thu Nov 28, 2024 8:56 pm

» Crypto , Digital Currency Trading , Forex
by KavinduTM Thu Nov 28, 2024 5:52 pm

» Browns Investments PLC (BIL): Net Loss masked by One-off gains from Acquisitions
by mafasmunaseer Fri Nov 22, 2024 1:56 am

» Hotel Sigiriya (HSIG) most undervalued & huge profit making Hotel
by Chalitha Tharanga Tue Nov 19, 2024 6:44 pm

» Mahaweli Reach Hotels (MRH.N)
by Chalitha Tharanga Tue Nov 19, 2024 6:41 pm

» CSE to turn bullish after November 14 poll
by Rare Tue Nov 19, 2024 10:13 am

» ලාභ විජ්ජාව!!
by D.G.Dayaratne Mon Nov 18, 2024 8:11 pm

» ‘Buy the Rumour, Sell the News’
by God Father Sat Nov 16, 2024 12:00 pm

» Asian stocks drift higher amid rate cut speculation; Japan lags
by Rare Sat Nov 16, 2024 9:56 am

» Oil prices fall further
by Rare Sat Nov 16, 2024 9:40 am

» Post-election winners.
by Rare Sat Nov 16, 2024 9:36 am

» Bullish about a sustainable turnaround - CSE Chairman
by Rare Sat Nov 16, 2024 9:25 am

» COMMERCIAL BANK OF CEYLON PLC (COMB.N0000)
by EPS Thu Nov 14, 2024 10:31 pm

» People's leasing VS Singer Finance IPO Analysis
by ddrperera Wed Nov 13, 2024 8:18 pm

» Insights into LOLC Advanced Technologies
by samaritan Wed Nov 13, 2024 10:41 am

» LOLC Tech's ambitious plans for global expansion
by samaritan Tue Nov 12, 2024 2:06 pm

» PLANTATION SECTOR
by God Father Sun Nov 10, 2024 8:19 pm

» People's leasing company, a hidden gem? (an analysis)
by Nandana Withanage Sun Nov 10, 2024 6:56 pm

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube


You are not connected. Please login or register

COMMERCIAL BANK OF CEYLON PLC (COMB.N0000)

+60
suku502
wealth123
desh87
Citizen Silva
reyaz
ErangaDS
Champ888
dayandacool
Manisha De Alwis
Nicerider1978
nuwanmja
xhunter
engineer
123longway
100Bill
Sanju121
Dharshi
Dum87
Hope123
MarketWch
chathura123
cseguide
Thushara Ayya
ChooBoy
EquityPlus
hasitha@CSE
Srilankan Psyco
AsithaDe
Teller
Eranga87
ThilinaM
Promoney
Ekanayake90
NiroR
Eugine Fernando
Miss-Sangeetha
ColomboCSE
KavinduTM
Invest-Wise
ResearchMan
bhanu
kasun_gimhana
Arrowrisk
sandamal
dhaneenja
ddrperera
Udakara
Top Trader
lokka1
omegaplus
anges
Mrs Kudabadu Kularthnae
Brinthan
kumarweerarathne
VALUEPICK
nimantha80
Winner123
jayathu
EquityChamp
investorsl
64 posters

Go to page : Previous  1, 2, 3, 4, 5, 6, 7, 8  Next

Go down  Message [Page 2 of 8]

Mrs Kudabadu Kularthnae


Stock Analytic
Stock Analytic

what is the expectation of comb samp this quarter?
please let me how about LCEM during this port city development? all constructive shares moving..

kumarweerarathne


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

This is about # COMB , :-) anyway TOKYO is the eligible supplier as largest cement manufacturer with quality standards for portcity.

anges


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

good stock was around rs 190 before ! gradually moving towards to those levels ! buy now sell later ! patience is the name of the game

Brinthan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Brinthan wrote:Short term target Rs.150/- and its 100% risk free...
Today close around 147 ...Now we can expect it will touch 150 before end of this week...

nimantha80


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

today went up bit too much for me

Brinthan

Brinthan
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Brinthan wrote:
Brinthan wrote:Short term target Rs.150/- and its 100% risk free...
Today close around 147 ...Now we can expect it will touch 150 before end of this week...
Wowwww...It touch 150 today....☺

Brinthan

Brinthan
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Next target will be 165/- in short term...It also can achieve very short time...One of the Risk free share @ the moment...

nimantha80


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

keep an eye on HNB.More to come

EquityChamp

EquityChamp
Moderator
Moderator

You can expect COMB Q3 result by this Friday or next Monday. Expecting a YoY PAT growth of 15%-20% for this quarter. Plus foreign investors have been bullish on COMB once again. In the 1st half we saw a decline in foreign holdings by 26Mn shares but from July to date the foreign holdings gone up by 9Mn shares. The trend is very positive for the biggest listed bank in Sri Lanka.

EquityChamp

EquityChamp
Moderator
Moderator

Hay, look at this result. They have earned 10.1Bn for 9 months. I am dead sure that they are going to achieve 14Bn PAT for 2016 and will beat my original estimation of 12.7Bn.

COMB.N is currently trading at a forward PE of 9.4x with projected EPS of Rs15.7. This is trading at a discount of 30% to market. I am rating this as an A++ investment stock for mid term investors.

Thanks

omegaplus

omegaplus
Manager - Equity Analytics
Manager - Equity Analytics

EquityChamp wrote:Hay, look at this result. They have earned 10.1Bn for 9 months. I am dead sure that they are going to achieve 14Bn PAT for 2016 and will beat my original estimation of 12.7Bn.

COMB.N is currently trading at a forward PE of 9.4x with projected EPS of Rs15.7. This is trading at a discount of 30% to market. I am rating this as an A++ investment stock for mid term investors.

Thanks

Good prediction and it's a winning stock. Although for me , I bought some at higher prices late 2014 :-(

37COMMERCIAL BANK OF CEYLON PLC (COMB.N0000) - Page 2 Empty COMB BANK RIGHTS ISSUE Wed Jun 21, 2017 10:48 am

lokka1


Manager - Equity Analytics
Manager - Equity Analytics

Just found out that those who applied for extra non- voting shares will get the first 400 plus about 32% of the shares held on May 19th date. Refunds will be made on June 29th.
Lokka1

Top Trader


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

What about Voting?

39COMMERCIAL BANK OF CEYLON PLC (COMB.N0000) - Page 2 Empty Comb Rights Voting Shares Fri Jun 23, 2017 1:49 pm

lokka1


Manager - Equity Analytics
Manager - Equity Analytics

You will get the first 1500 plus 0.81% of what you had on May 19th.
Lokka1

Top Trader


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Thanks for the infor

41COMMERCIAL BANK OF CEYLON PLC (COMB.N0000) - Page 2 Empty COMMERCIAL BANK OF CEYLON PLC (COMB.N0000) Mon May 27, 2019 4:23 pm

Teller

Teller
Moderator
Moderator

Profits at Commercial Bank of Ceylon, Sri Lanka's largest private bank by assets, fell 23 percent to 3.129 billion rupees in the March 2019 quarter from a year earlier, as credit contracted, bad loans grew and a new tax hit profits, interim accounts showed.

The group reported earnings of 3.05 rupees per share for the quarter down 25 percent.

Interest income grew 13.8 percent to 31.97 billion rupees interest in the quarter ended March 2019 from a year earlier, expense grew at a faster 16.07 percent to 19.95 billion rupees and net interest income grew at a slower 10.4 percent to 12.1 billion rupees.

Loans and advances contracted to 861 billion rupees from 867 billion rupees from three months earlier.

Cash balances grew 15.4 percent to 51.8 billion rupees and interbank loans grew 41 percent to 28.1 billion rupees.

Chief executive S Renganathan said the bank followed a "more cautious approach in expanding its advances portfolio" amid "challenging economic conditions."

"Despite the decline in advances, I am happy to say that the Bank has continued to support the SME sector, as reflected in the satisfactory growth of this portfolio during the quarter," he said.

Loan losses grew 68 percent to 1.89 billion rupees in the quarter from 1.126 billion rupees a year earlier.

At bank level the gross non performing loan ratio rose to 4.14 percent from 3.24 percent.

Total capital adequacy fell to 15.1 percent from 15.6 percent, but is higher than the minimum 14 percent.

Sri Lanka has seen monetary instability due to the operation of a soft-pegged exchange regime with real effective exchange rate targeting, which led to a collapse of the currency, killing an economic recovery, which was worsened by a political crisis in the last quarter of 2018.

Fee and commission income grew 2.5 percent 2.93 billion rupees.

Financial sector value added tax, nation building tax and a new debt repayment tax rose 39 percent to 1.78 billion rupees.

The bank grew deposits 3.14 percent during the quarter to 1,025 billion rupees, as credit contracted.

When a country recovers from a balance of payments trouble, deposits at bank grow faster than loans, while during a currency crisis, loans will growth with printed money from term reserve repurchase injections from the central bank or its outright treasury bill purchases.

The when banks or other savers buy Treasury bills previously held by the central bank, the currency strengthens, imports and economic activity falls and a balance of payments surplus is generated.

Total assets grew 1.78 percent to 1,221 billion rupees during the quarter. Net assets grew 0.73 percent to 121.4 billion rupees

42COMMERCIAL BANK OF CEYLON PLC (COMB.N0000) - Page 2 Empty what happend to COMB Sat Oct 12, 2019 10:40 am

Udakara


Stock Trader

Will it up or down.pls put ur valuable opinion here

ddrperera


Vice President - Equity Analytics
Vice President - Equity Analytics

Udakara wrote:Will it up or down.pls put ur valuable opinion here
1.foreign party bulk selling.
2.MTD  Walkers court case 
3.NPL

kumarweerarathne

kumarweerarathne
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

I shifted to SAMP & HNB , Comb seems can not hold da ground.. but long term its a good choice

dhaneenja


Equity Analytic
Equity Analytic

ddrperera wrote:
Udakara wrote:Will it up or down.pls put ur valuable opinion here
1.foreign party bulk selling.
2.MTD  Walkers court case 
3.NPL

3.NPL ( මෙ කියන්නේ මොකක්ද? )

sandamal


Senior Equity Analytic
Senior Equity Analytic

dhaneenja wrote:
ddrperera wrote:
Udakara wrote:Will it up or down.pls put ur valuable opinion here
1.foreign party bulk selling.
2.MTD  Walkers court case 
3.NPL

3.NPL ( මෙ කියන්නේ මොකක්ද? )

from google


nonperforming loan (NPL) is a sum of borrowed money upon which the debtor has not made the scheduled payments for a specified period.



මං හිතන්නෙ බොල් ණය  silent

Teller

Teller
Moderator
Moderator

Combank future is not brilliant.

ThilinaM

ThilinaM
Vice President - Equity Analytics
Vice President - Equity Analytics

Agree  .i think  combank is too big to grow fast. that is good for high netwoth investors when there is crash and get out when recover since there is good liquidity.

Arrowrisk

Arrowrisk
Manager - Equity Analytics
Manager - Equity Analytics

Teller wrote:Combank future is not brilliant.

Will it affects the customers of Combank....? Shocked Shocked

kasun_gimhana

kasun_gimhana
Manager - Equity Analytics
Manager - Equity Analytics

icici and axis banks closed their operation in Sri Lanka and CBSL aproved it. anybody know the reason behind this  ???

bhanu


Manager - Equity Analytics
Manager - Equity Analytics

And who  will grab their business? Will it be comb

Teller

Teller
Moderator
Moderator

There are 2 fund managers aloso decided to exit and close their operations

Arrowrisk

Arrowrisk
Manager - Equity Analytics
Manager - Equity Analytics

Teller wrote:There are 2 fund managers aloso decided to exit and close their operations

Who are they..??

ResearchMan

ResearchMan
Manager - Equity Analytics
Manager - Equity Analytics

1.      A 2 percent Nation Building Tax on domestic goods and services would also be removed.
2.      A debt tax on financial institutions and debt service tax had also been removed.

sandamal


Senior Equity Analytic
Senior Equity Analytic

ResearchMan wrote:1.      A 2 percent Nation Building Tax on domestic goods and services would also be removed.
2.      A debt tax on financial institutions and debt service tax had also been removed.

Are these positive signs for COMB improvement ? 

will it be a good decision to hold COMB long term purchased @98

Sponsored content



Back to top  Message [Page 2 of 8]

Go to page : Previous  1, 2, 3, 4, 5, 6, 7, 8  Next

Permissions in this forum:
You cannot reply to topics in this forum