THIS TIME WHY YOU HAVE NEED TO SELECT LEADING BANKS AND FINANCE

@samansilva wrote:All leading banks and finance trading at discount range. look HNB now trading level past 15 years ago price level..People's leasing now trading level  past 8 years ago..

same as price level as COMB,NDB,SAMP,NTB,DFCC ,LOLC,LFIN,CFIN   NOW ASI WILL REACH TO 6200 STILL VALUE COUNTERS SILENT.. SOME OF  TOP 30 COMPANIES AND CONTRIBUTE S&PS  SRI LANKA..NEAR FUTURE   RELEASE IMPORT RESTRICTIONS OF VEHICLES.. THOSE DIFFICULT  ERA LEADING  BANKS AND FINANCIALS ARE NOT BAD..LOOK HNB SAME PROFIT RECORDED..

DIVIDEND GRANTED DIFFICULT ERA....THINK AND ANALYSIS..

@wealth123 wrote:All Banks + Few strong FC's are real Gems.
My Picks.

SAMP
COMB
DFCC
PABC
LFIN
VFIN
PLC

@Value Pick wrote: Banks & financial companies are not allowed to pay dividends until  CBSL informs in future due to they have given a chance to delay the loan repayments due from clients due to corona. All these banks are giving profits these days without a cash flow due to more than 50% of their loan books under moratorium period. We can experience millions of bad loans in banks after CBSL curtail relaxation  of moratoriums. On top of that now there are ceiling for interest rates for housing/ pawning/ credit card facilities. Super margins enjoyed by the banks will no more going to be there. After hotels banking & financial sector is the biggest hit sector due to COVID. Banks are good for very long term. But why anybody should think such a long term horizon when u have cheap manufacturing sector shares such as TKYO?? But still anybody is interested can buy & hold banks or finance shares & be a spectator for CSE when other shares are flying. If someone is promoting banks or finance share at this time is purely to pump & dump only. Visit quarterly reports of banks which have showed profits growth have not provided improved impairments. Banks which provided improved impairments shows massive drop in profits. It’s simple as that. All banks will report negative growth for this year.

@Value Pick wrote: Banks & financial companies are not allowed to pay dividends until  CBSL informs in future due to they have given a chance to delay the loan repayments due from clients due to corona. All these banks are giving profits these days without a cash flow due to more than 50% of their loan books under moratorium period. We can experience millions of bad loans in banks after CBSL curtail relaxation  of moratoriums. On top of that now there are ceiling for interest rates for housing/ pawning/ credit card facilities. Super margins enjoyed by the banks will no more going to be there. After hotels banking & financial sector is the biggest hit sector due to COVID. Banks are good for very long term. But why anybody should think such a long term horizon when u have cheap manufacturing sector shares such as TKYO?? But still anybody is interested can buy & hold banks or finance shares & be a spectator for CSE when other shares are flying. If someone is promoting banks or finance share at this time is purely to pump & dump only. Visit quarterly reports of banks which have showed profits growth have not provided improved impairments. Banks which provided improved impairments shows massive drop in profits. It’s simple as that. All banks will report negative growth for this year.