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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » PAN ASIA BANKING CORPORATION PLC (PABC.N0000)

PAN ASIA BANKING CORPORATION PLC (PABC.N0000)

+41
SAGA
cseguide
EPS
Walbaba
කාලි
Jana
wealth123
Vishwanarth
High-flyer
DamithAsian
dayandacool
Win Win
Kipling
Eng Krishantha
SUSPENS
Eranga87
GOSL
Thushara Ayya
KavinduTM
soileconomy
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45 posters

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Go down  Message [Page 4 of 6]

Eranga87


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

Most of the times, PABC no dividend declared. better to move SAMP or NDB.

wallstreetguy


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

samaritan wrote:PABC - A BANK WITH A VALUE

The bank has recorded an impressive EPS of 5/83 for the Year 2019 with a NAV of 31/=. Foreign ownership of 20% did not witness any dip even at the height of Covid outbreak.

Trading at 11/= with the potential of substantial price appreciation even at a modest P/E of around 6 should fetch around 25/= (allowing for covid quarter drop in profit).
@samaritan It dipped to 6 during corona outbreak.

Are we seeing the exact charts?

samaritan


Moderator
Moderator

wallstreetguy wrote:
samaritan wrote:PABC - A BANK WITH A VALUE

The bank has recorded an impressive EPS of 5/83 for the Year 2019 with a NAV of 31/=. Foreign ownership of 20% did not witness any dip even at the height of Covid outbreak.

Trading at 11/= with the potential of substantial price appreciation even at a modest P/E of around 6 should fetch around 25/= (allowing for covid quarter drop in profit).
@samaritan It dipped to 6 during corona outbreak.

Are we seeing the exact charts?
"Foreign ownership of 20% did not witness any dip even at the height of Covid outbreak.'


What i meant is that there was no dip in foreign ownership.
Hope its clear!

KavinduTM


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

Sooner the price will be adjusted to its true value.

SUSPENS


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

PABC disaster...... Not only share bank also in trouble...
NPA , bottom line suffered lot at the current market situation...
One of the main bank which effected covid 19 badly.....

Eng Krishantha

Eng Krishantha
Expert
Expert

KavinduTM wrote:Sooner the price will be adjusted to its true value.
Hello Kavindu,
How are you, Hope everything well.

I am interesting PABC too, hope it will hit initially 14.50+

Kipling


Expert
Expert

Wellcome Kavindu. Great to see your return. Please give an update on ASPI for next week. Thanks in advance.

KavinduTM

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

Eng Krishantha wrote:
KavinduTM wrote:Sooner the price will be adjusted to its true value.
Hello Kavindu,
How are you, Hope everything well.

I am interesting PABC too, hope it will hit initially 14.50+

Hello Krishantha,
Yeah everything is fine. Thanks for asking.What about you?

Yes this share deserve 15+ levels. 20+ levels for sure if they start to pay dividends.

Eng Krishantha likes this post

KavinduTM

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

Kipling wrote:Wellcome Kavindu. Great to see your return. Please give an update on ASPI for next week. Thanks in advance.
Hey friend it's nice to see you. Sorry bruh i haven't analysed ASPI yet, just because it is so much time consuming. As you know AL's will held on october.

I barely in touch with stocks these days.

However i'll be a full time trader after AL's :>

Eranga87


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

KavinduTM wrote: PABC is leading by having highest ROE in Banking sector.


 PABC - Return on Equity -   14.50%
 NDB -   Return on Equity   -     13.73%
 COMB - Return on Equity   -     12.12%
 SAMP - Return on Equity   -      11.78%
 NTB -  Return on Equity    -      11.27%
 HDFC- Return on Equity    -      10.11% 
 SEYB - Return on Equity   -        9.30%
 HNB -  Return on Equity   -        9.06%
  DFCC - Return on Equity   -       4.80%
 ABL -   Return on Equity   -        4.70%
 UBC -  Return on Equity    -       4.18%
 SDB -  Return on Equity    -       1.72%

PABC never declared dividend income to equity holders unless they earned the highest ROE. How can you recommend PABC N  new investors.another one, PABC's primary dealer license still suspended since 2017. In the future, maybe charged the highest penalty related to PABC transaction with perpetual treasuries pvt ltd. now, 3 years past, But still primary dealership was canceled.
why new & existing shareholders take high risk. Did you get extra compensation for that? at least, they unable to pay dividends also.

Better move to  NDB or SAMP. They paid highest dividend income and also easily can earn capital gain also.  I don't want to promote any bank. at least sort out the legal matter, better move other banks.

Eng Krishantha

Eng Krishantha
Expert
Expert

KavinduTM wrote:
Eng Krishantha wrote:
KavinduTM wrote:Sooner the price will be adjusted to its true value.
Hello Kavindu,
How are you, Hope everything well.

I am interesting PABC too, hope it will hit initially 14.50+

Hello Krishantha,
Yeah everything is fine. Thanks for asking.What about you?

Yes this share deserve 15+ levels. 20+ levels for sure if they start to pay dividends.
Thanks and we are well too & welcome back.   Smile Smile

KavinduTM

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

Eranga87 wrote:
KavinduTM wrote: PABC is leading by having highest ROE in Banking sector.


 PABC - Return on Equity -   14.50%
 NDB -   Return on Equity   -     13.73%
 COMB - Return on Equity   -     12.12%
 SAMP - Return on Equity   -      11.78%
 NTB -  Return on Equity    -      11.27%
 HDFC- Return on Equity    -      10.11% 
 SEYB - Return on Equity   -        9.30%
 HNB -  Return on Equity   -        9.06%
  DFCC - Return on Equity   -       4.80%
 ABL -   Return on Equity   -        4.70%
 UBC -  Return on Equity    -       4.18%
 SDB -  Return on Equity    -       1.72%

PABC never declared dividend income to equity holders unless they earned the highest ROE. How can you recommend PABC N  new investors.another one, PABC's primary dealer license still suspended since 2017. In the future, maybe charged the highest penalty related to PABC transaction with perpetual treasuries pvt ltd. now, 3 years past, But still primary dealership was canceled.
why new & existing shareholders take high risk. Did you get extra compensation for that? at least, they unable to pay dividends also.

Better move to  NDB or SAMP. They paid highest dividend income and also easily can earn capital gain also.  I don't want to promote any bank. at least sort out the legal matter, better move other banks.

Yeah i know about the suspension and yes they don't declare dividends. Still the share is undervalued. I'm not specially recommending this to new investors. I was recommending UBC and PABC all the time you know. Still the same.

Of course i agree SAMP is a good share but these 2 are potential. Lets see.

By the way they haven't extended the primary dealership ban this time. So, since August 15 there's no suspension exists for PABC.

Win Win


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

CBSL extended ban another 6 months..

However, PABC is doing the business well. We can expect a good return in midterm..

samaritan


Moderator
Moderator

Primary dealer license is not an issue for PABC. They have performed well and the current trading price can give a higher percentage return on appreciation for sure.

Kipling


Expert
Expert

Samaritan 
I read in other forum that September dull & red plus market drop after get 5400. After listen GR speech & plans ASPI should boom to 6000 in September. Please tell us the reality as your always do thank you.

samaritan


Moderator
Moderator

Kipling wrote:Samaritan 
I read in other forum that September dull & red plus market drop after get 5400. After listen GR speech & plans ASPI should boom to 6000 in September. Please tell us the reality as your always do thank you.
In reality what we can see is that Covid19 has weakened the West and has created opportunities to Asian countries including ours.

The Quarter ended in June is the 'Covid Quarter' where businesses went thro' a period of turbulence.

What matters right now is the prospects for the future. In my opinion future looks good with the appropriate measures taken by the Govt in order to revive the economy and give a boost to the corporate sector. Tourism sector too will thrive once covid precautionary measures are put in place and airports & ports are open for tourists.

ASPI to reach 6000 in the near future is possible.

Win Win


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

samaritan wrote:
Kipling wrote:Samaritan 
I read in other forum that September dull & red plus market drop after get 5400. After listen GR speech & plans ASPI should boom to 6000 in September. Please tell us the reality as your always do thank you.
In reality what we can see is that Covid19 has weakened the West and has created opportunities to Asian countries including ours.

The Quarter ended in June is the 'Covid Quarter' where businesses went thro' a period of turbulence.

What matters right now is the prospects for the future. In my opinion future looks good with the appropriate measures taken by the Govt in order to revive the economy and give a boost to the corporate sector. Tourism sector too will thrive once covid precautionary measures are put in place and airports & ports are open for tourists.

ASPI to reach 6000 in the near future is possible.
Further, Most of giants are searching new business opportunities, new market places .. Few companies have completed their capacity expansions at the end of July 20.. This situation is more favorable for cash rich companies such as LOLC, HAYL etc for their business growth.

samaritan


Moderator
Moderator

If Seylan is a bank with a Heart, Pan Asia is a bank with a backbonePAN ASIA BANKING CORPORATION PLC (PABC.N0000) - Page 4 Icon_lol. They took adversity in their stride and recorded impressive performance as a truly sri Lankan bank.

Should reach 20+ in the near future.

KavinduTM

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

No doubt this is a nice share. But i expect a price decrease tomorrow. I'm gonna try acting on that wave.

70% chance for a price drop. Traders can use that opportunity as we truly know it will bounce back asap.

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics

samaritan wrote:If Seylan is a bank with a Heart, Pan Asia is a bank with a backbonePAN ASIA BANKING CORPORATION PLC (PABC.N0000) - Page 4 Icon_lol. They took adversity in their stride and recorded impressive performance as a truly sri Lankan bank.

Should reach 20+ in the near future.
If they start to declare dividend  (once declared it will be continued I expect) this will be above 20's

dayandacool

dayandacool
Moderator
Moderator

soileconomy wrote:
samaritan wrote:If Seylan is a bank with a Heart, Pan Asia is a bank with a backbonePAN ASIA BANKING CORPORATION PLC (PABC.N0000) - Page 4 Icon_lol. They took adversity in their stride and recorded impressive performance as a truly sri Lankan bank.

Should reach 20+ in the near future.
If they start to declare dividend  (once declared it will be continued I expect) this will be above 20's

As far as I know, Banking institutes can't declare dividends for current financial year till 31st of December as per government's directive.

samaritan


Moderator
Moderator

Indices move amidst heavy contribution from banks.
('Mirror Business')

PABC is poised for a significant gain!

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics

dayandacool wrote:
soileconomy wrote:
samaritan wrote:If Seylan is a bank with a Heart, Pan Asia is a bank with a backbonePAN ASIA BANKING CORPORATION PLC (PABC.N0000) - Page 4 Icon_lol. They took adversity in their stride and recorded impressive performance as a truly sri Lankan bank.

Should reach 20+ in the near future.
If they start to declare dividend  (once declared it will be continued I expect) this will be above 20's

As far as I know, Banking institutes can't declare dividends for current financial year till 31st of December as per government's directive.
Agreed.hope they will after current financial year

KavinduTM

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

KavinduTM wrote:No doubt this is a nice share. But i expect a price decrease tomorrow. I'm gonna try acting on that wave.

70% chance for a price drop. Traders can use that opportunity as we truly know it will bounce back asap.
As expected price dropped.

Close price : 12.90
Change : (-0.60)

Successfully traded in the situation. Cool if anyone else grabbed the chance.

Thushara Ayya

Thushara Ayya
Moderator
Moderator

I think this is a good counter with high ROI than other banks.

wealth123 likes this post

DamithAsian


Manager - Equity Analytics
Manager - Equity Analytics

Banks??
A director has sold her shares yesterday - Comb

samaritan


Moderator
Moderator

PAN ASIA BANKING CORPORATION PLC (PABC.N0000) - Page 4 33wCGHd6wG7GQlF32rMGarG5Y5U8hLFl


Pan Asia Bank records best ever 9-month results in challenging times.

  • Profit-before-tax soars by 47% to reach Rs. 1.86 b

  • Profit-after-tax reaches Rs. 1.25 billion, up by 22%

  • Net interest income up by 17%, despite taking the full day-one loss from loan moratorium

  • Operating profits up by 19%, owing to excellent core banking performance and improved efficiencies 

  • Advance Book grows by 9% amidst challenging conditions

  • Customer deposits increases by 12% to reach Rs. 137 billion 

  • CASA base soars by 56%, CASA ratio improves by 650 bps.  

  • Net non-performing advances ratio improves from 2.82% to 2.20%

  • Builds additional provision buffers to cope up with potential impact of COVID 19

  • Solid key profitability indicators– NIM improves to 4.42%, 

  • Pre-tax ROA - 1.51% and ROE - 11.95% are among the industry best.


http://www.ft.lk/financial-services/Pan-Asia-Bank-records-best-ever-9-month-results-in-challenging-times/42-709626


In my opinion 20+ in near future based on strong fundamentals.

Thushara Ayya

Thushara Ayya
Moderator
Moderator

samaritan wrote:
PAN ASIA BANKING CORPORATION PLC (PABC.N0000) - Page 4 33wCGHd6wG7GQlF32rMGarG5Y5U8hLFl


Pan Asia Bank records best ever 9-month results in challenging times.

  • Profit-before-tax soars by 47% to reach Rs. 1.86 b

  • Profit-after-tax reaches Rs. 1.25 billion, up by 22%

  • Net interest income up by 17%, despite taking the full day-one loss from loan moratorium

  • Operating profits up by 19%, owing to excellent core banking performance and improved efficiencies 

  • Advance Book grows by 9% amidst challenging conditions

  • Customer deposits increases by 12% to reach Rs. 137 billion 

  • CASA base soars by 56%, CASA ratio improves by 650 bps.  

  • Net non-performing advances ratio improves from 2.82% to 2.20%

  • Builds additional provision buffers to cope up with potential impact of COVID 19

  • Solid key profitability indicators– NIM improves to 4.42%, 

  • Pre-tax ROA - 1.51% and ROE - 11.95% are among the industry best.


http://www.ft.lk/financial-services/Pan-Asia-Bank-records-best-ever-9-month-results-in-challenging-times/42-709626


In my opinion 20+ in near future based on strong fundamentals.

Agree with you, this week pass 14+

wealth123 and judecroos like this post

Thushara Ayya

Thushara Ayya
Moderator
Moderator

God gave us another chance to get @ 14 today. What a nice counter. The people who could not enter they can get tomorrow morning too.

samaritan, wealth123 and RJ1010 like this post

Thushara Ayya

Thushara Ayya
Moderator
Moderator

Last 4/5 days massive collection... PAN ASIA BANKING CORPORATION PLC (PABC.N0000) - Page 4 Captur13

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