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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Think before invest in a Banking Sector shares

Think before invest in a Banking Sector shares

5 posters

Go down  Message [Page 1 of 1]

KILLER99


Manager - Equity Analytics
Manager - Equity Analytics
Banks might not announce dividend this time due to high risk of COVID-19, Don't forget significant income of banks was decreased due to IMPORT RESTICTIONS.. Such LCs, Forex trading income, Domestic deposits, low level of interest income, and other thing due to low interest rates people are withdrawing deposits as well.

According to the government lending policy carried through out the pandemic, there would be a bubble like 2008 financial crisis on mortgage market, because, The government is pushing bank to increase lending rather than collecting previous as well, Don't forget they are not consider much CRIB,

Definitely this would be result to a bubble on banking sector and consequences can be enjoyed after two years  Evil or Very Mad Evil or Very Mad Evil or Very Mad

Maduranga97


Equity Analytic
Equity Analytic
@KILLER99 wrote:Banks might not announce dividend this time due to high risk of COVID-19, Don't forget significant income of banks was decreased due to IMPORT RESTICTIONS.. Such LCs, Forex trading income, Domestic deposits, low level of interest income, and other thing due to low interest rates people are withdrawing deposits as well.

According to the government lending policy carried through out the pandemic, there would be a bubble like 2008 financial crisis on mortgage market, because, The government is pushing bank to increase lending rather than collecting previous as well, Don't forget they are not consider much CRIB,

Definitely this would be result to a bubble on banking sector and consequences can be enjoyed after two years  Evil or Very Mad Evil or Very Mad Evil or Very Mad

😂😂😂😂😂🤦‍�

RJ1010 likes this post

THASSIM


Manager - Equity Analytics
Manager - Equity Analytics
@KILLER99 wrote:Banks might not announce dividend this time due to high risk of COVID-19, Don't forget significant income of banks was decreased due to IMPORT RESTICTIONS.. Such LCs, Forex trading income, Domestic deposits, low level of interest income, and other thing due to low interest rates people are withdrawing deposits as well.

According to the government lending policy carried through out the pandemic, there would be a bubble like 2008 financial crisis on mortgage market, because, The government is pushing bank to increase lending rather than collecting previous as well, Don't forget they are not consider much CRIB,

Definitely this would be result to a bubble on banking sector and consequences can be enjoyed after two years  Evil or Very Mad Evil or Very Mad Evil or Very Mad

I agree.Our Banking / Non-Banking sector is fragile right now with deteriorating asset quality. There won't be a crash but a downside correction.

Kipling and KILLER99 like this post

Karthick


Equity Analytic
Equity Analytic
@THASSIM wrote:
@KILLER99 wrote:Banks might not announce dividend this time due to high risk of COVID-19, Don't forget significant income of banks was decreased due to IMPORT RESTICTIONS.. Such LCs, Forex trading income, Domestic deposits, low level of interest income, and other thing due to low interest rates people are withdrawing deposits as well.

According to the government lending policy carried through out the pandemic, there would be a bubble like 2008 financial crisis on mortgage market, because, The government is pushing bank to increase lending rather than collecting previous as well, Don't forget they are not consider much CRIB,

Definitely this would be result to a bubble on banking sector and consequences can be enjoyed after two years  Evil or Very Mad Evil or Very Mad Evil or Very Mad

I agree.Our Banking / Non-Banking sector is fragile right now with deteriorating asset quality. There won't be a crash but a downside correction.
Agree with u 100%. An experienced trader can easily point out these facts. But novice investors please take care of your investment. Do your own analysis before buying any banking shares at the moment. Don't go along with the bulk traders. They had a clear plan when to exit. om that time don't get trapped.

SAFE TRADING MATTERS....



http://bizenglish.adaderana.lk/fitch-revises-9-sri-lankan-financial-institutions-ratings-on-recalibration-2-downgrades/

KILLER99


Manager - Equity Analytics
Manager - Equity Analytics
@Karthick wrote:
@THASSIM wrote:
@KILLER99 wrote:Banks might not announce dividend this time due to high risk of COVID-19, Don't forget significant income of banks was decreased due to IMPORT RESTICTIONS.. Such LCs, Forex trading income, Domestic deposits, low level of interest income, and other thing due to low interest rates people are withdrawing deposits as well.

According to the government lending policy carried through out the pandemic, there would be a bubble like 2008 financial crisis on mortgage market, because, The government is pushing bank to increase lending rather than collecting previous as well, Don't forget they are not consider much CRIB,

Definitely this would be result to a bubble on banking sector and consequences can be enjoyed after two years  Evil or Very Mad Evil or Very Mad Evil or Very Mad

I agree.Our Banking / Non-Banking sector is fragile right now with deteriorating asset quality. There won't be a crash but a downside correction.
Agree with u 100%. An experienced trader can easily point out these facts. But novice investors please take care of your investment. Do your own analysis before buying any banking shares at the moment. Don't go along with the bulk traders. They had a clear plan when to exit. om that time don't get trapped.

SAFE TRADING MATTERS....



http://bizenglish.adaderana.lk/fitch-revises-9-sri-lankan-financial-institutions-ratings-on-recalibration-2-downgrades/

This time would be best share LFIN, because they have proved their results with Rs12.00 per share divided, High risk attached with bank at this time, Now anybody can buy LFIN with announced divided rather than going with bank. I think this is the best available option in the market

suku502


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@KILLER99 wrote:Banks might not announce dividend this time due to high risk of COVID-19, Don't forget significant income of banks was decreased due to IMPORT RESTICTIONS.. Such LCs, Forex trading income, Domestic deposits, low level of interest income, and other thing due to low interest rates people are withdrawing deposits as well.

According to the government lending policy carried through out the pandemic, there would be a bubble like 2008 financial crisis on mortgage market, because, The government is pushing bank to increase lending rather than collecting previous as well, Don't forget they are not consider much CRIB,

Definitely this would be result to a bubble on banking sector and consequences can be enjoyed after two years  Evil or Very Mad Evil or Very Mad Evil or Very Mad
 my advice , if you haven't Banking Shares buy now , otherwise you are not able to buy these prices again.  don't try to make panic in the mkt.  Very Happy Very Happy Very Happy Very Happy

ADVENTUS, RJ1010 and SANJAYANM like this post

KILLER99


Manager - Equity Analytics
Manager - Equity Analytics
@suku502 wrote:
@KILLER99 wrote:Banks might not announce dividend this time due to high risk of COVID-19, Don't forget significant income of banks was decreased due to IMPORT RESTICTIONS.. Such LCs, Forex trading income, Domestic deposits, low level of interest income, and other thing due to low interest rates people are withdrawing deposits as well.

According to the government lending policy carried through out the pandemic, there would be a bubble like 2008 financial crisis on mortgage market, because, The government is pushing bank to increase lending rather than collecting previous as well, Don't forget they are not consider much CRIB,

Definitely this would be result to a bubble on banking sector and consequences can be enjoyed after two years  Evil or Very Mad Evil or Very Mad Evil or Very Mad
 my advice , if you haven't Banking Shares buy now , otherwise you are not able to buy these prices again.  don't try to make panic in the mkt.  Very Happy Very Happy Very Happy Very Happy

why should I buy?, No dividend this time, will see

ADVENTUS dislikes this post

KILLER99


Manager - Equity Analytics
Manager - Equity Analytics
No forward booking income to the bank.

Source: https://www.cbsl.gov.lk/sites/default/files/cbslweb_documents/laws/cdg/Banking_Act_Directions_No_2_of_2021.pdf

Think before invest in a Banking Sector shares BQzK6aSLBGhyAAAAAElFTkSuQmCC

KILLER99


Manager - Equity Analytics
Manager - Equity Analytics
Temporary suspension of recovery action against SME

Source: https://www.cbsl.gov.lk/sites/default/files/cbslweb_documents/laws/cdg/bsd_circular_no_1_of_2021_e.pdf

KILLER99


Manager - Equity Analytics
Manager - Equity Analytics
@KILLER99 wrote:No forward booking income to the bank.

Source: https://www.cbsl.gov.lk/sites/default/files/cbslweb_documents/laws/cdg/Banking_Act_Directions_No_2_of_2021.pdf

Think before invest in a Banking Sector shares BQzK6aSLBGhyAAAAAElFTkSuQmCC

This kind of income decreased heavily affecting to banking sector. However in shorter period they will struggle to find a income and this will result to less probability of declaring dividend

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