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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » What's going on with HNB.X?

What's going on with HNB.X?

+7
desh87
judecroos
Eranga87
ColomboCSE
Jana
madukp
Eranx
11 posters

Go down  Message [Page 1 of 1]

1What's going on with HNB.X? Empty What's going on with HNB.X? Fri Mar 26, 2021 11:38 am

Eranx


Manager - Equity Analytics
Manager - Equity Analytics

More than 1 million foreign selling and there still 0.7 million to go at 100?

2What's going on with HNB.X? Empty Re: What's going on with HNB.X? Sat Mar 27, 2021 12:16 am

madukp


Expert
Expert

It's kind of a funny thing to see around 1M selling order for HNB.X @100. Unfortunately, I don't have that much money, otherwise, I will gracefully clear that order without any hesitation as an investor. This kind of order book showcases how poor investors sentimental in SL.

The buyers of rs 100, immediately receive, rs 4.50 dividend, and eligible for 1 additional share for 30 shares they hold.

lets do math,


1M shares for rs.100 =

101,120,000.00 = 101.12M

eligibility of additional shares = 33,333 (ignored the decimals) ~ 3.33 M

Dividend = 4.5M

total immediate return = 7.83 M / 101.12 M = 7.74% - better than any fixed deposit.

With div and bonus, shares may go down temporarily. That's nature. But HNB is a highly undervalued share, which has good business and high profits. We can expect a share return of at least 10% in short term and 30% in the mid term. And it is one of low-risk shares in the market.

I'm still amazed about Sri Lankan investor sentiment. Very Happy










RJ1010 likes this post

3What's going on with HNB.X? Empty Re: What's going on with HNB.X? Sat Mar 27, 2021 12:28 am

Jana

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

madukp wrote:It's kind of a funny thing to see around 1M selling order for HNB.X @100. Unfortunately, I don't have that much money, otherwise, I will gracefully clear that order without any hesitation as an investor. This kind of order book showcases how poor investors sentimental in SL.

The buyers of rs 100, immediately receive, rs 4.50 dividend, and eligible for 1 additional share for 30 shares they hold.

lets do math,


1M shares for rs.100 =

101,120,000.00 = 101.12M

eligibility of additional shares = 33,333 (ignored the decimals) ~ 3.33 M

Dividend = 4.5M

total immediate return = 7.83 M / 101.12 M = 7.74% - better than any fixed deposit.

With div and bonus, shares may go down temporarily. That's nature. But HNB is a highly undervalued share, which has good business and high profits. We can expect a share return of at least 10% in short term and 30% in the mid term. And it is one of low-risk shares in the market.

I'm still amazed about Sri Lankan investor sentiment.  Very Happy


you are 100% correct .. today also I bought 2900 HNB.X @99.90

Very funny thing seller 1M at 100/= and big buyer at 99/= but they don't want to match and sell them and some other people selling at 99.90 because of a panic order placed at 100/=

I sold some weird stock with loss and I bought HNB.X ..I* will do the same on MON and TUE also

If you buy HNB.X at 100/= then it will cost 92.50 on WED after the dividend





madukp and judecroos like this post

4What's going on with HNB.X? Empty Re: What's going on with HNB.X? Sat Mar 27, 2021 1:25 am

ColomboCSE


Manager - Equity Analytics
Manager - Equity Analytics

remember still there is some ppls who brought @ 75 - 85 they did not care just 8 DPS.

5What's going on with HNB.X? Empty Re: What's going on with HNB.X? Sat Mar 27, 2021 2:09 am

Eranga87


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

This is a great time to collect @100 from foriegners, FS now less than 1.2Mn. after it will move again recently highest position with positive market upward. TRY IT.

judecroos likes this post

6What's going on with HNB.X? Empty Re: What's going on with HNB.X? Sat Mar 27, 2021 7:48 am

judecroos


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

Jana wrote:
madukp wrote:It's kind of a funny thing to see around 1M selling order for HNB.X @100. Unfortunately, I don't have that much money, otherwise, I will gracefully clear that order without any hesitation as an investor. This kind of order book showcases how poor investors sentimental in SL.

The buyers of rs 100, immediately receive, rs 4.50 dividend, and eligible for 1 additional share for 30 shares they hold.

lets do math,


1M shares for rs.100 =

101,120,000.00 = 101.12M

eligibility of additional shares = 33,333 (ignored the decimals) ~ 3.33 M

Dividend = 4.5M

total immediate return = 7.83 M / 101.12 M = 7.74% - better than any fixed deposit.

With div and bonus, shares may go down temporarily. That's nature. But HNB is a highly undervalued share, which has good business and high profits. We can expect a share return of at least 10% in short term and 30% in the mid term. And it is one of low-risk shares in the market.

I'm still amazed about Sri Lankan investor sentiment.  Very Happy


you are 100% correct .. today also I bought 2900 HNB.X @99.90

Very funny thing seller 1M at 100/= and big buyer at 99/= but they don't want to match and sell them and some other people selling at 99.90 because of a panic order placed at 100/=

I sold some weird stock with loss and I bought HNB.X ..I* will do the same on MON and TUE also

If you buy HNB.X at 100/= then it will cost 92.50 on WED after the dividend





This is worth for 100. Try it now otherwise you will regret.

7What's going on with HNB.X? Empty Re: What's going on with HNB.X? Sat Mar 27, 2021 9:24 am

desh87


Manager - Equity Analytics
Manager - Equity Analytics

Could be the best deal in the market these days. In couple of years, if you say there was million + shares of HNBX at 100, people might not even believe you!

8What's going on with HNB.X? Empty Re: What's going on with HNB.X? Sat Mar 27, 2021 1:46 pm

Eranga87


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

@desh87, Agreed. initially as soon touch Rs.112.00.

9What's going on with HNB.X? Empty Re: What's going on with HNB.X? Sat Mar 27, 2021 10:14 pm

RJ1010


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

I was also quite curious about this blocking done by 2 or 3 accounts at 100... I was watching the order book as huge chunks were added to that 100 price point by few splits.more than selling they intend to block the price from going up. Ofcourse it’s also a great price for new buyers or collectors. I too hold a good amount. Good dividend as well. I would be watching the order book on Xd date to see if those sell orders still remain or not.

10What's going on with HNB.X? Empty Re: What's going on with HNB.X? Mon Mar 29, 2021 12:34 am

samansilva


Manager - Equity Analytics
Manager - Equity Analytics

RJ1010 wrote:I was also quite curious about this blocking done by 2 or 3 accounts at 100... I was watching the order book as huge chunks were added to that 100 price point by few splits.more than selling they intend to block the price from going up. Ofcourse it’s also a great price for new buyers or collectors. I too hold a good amount. Good dividend as well. I would be watching the order book on Xd date to see if those sell orders still remain or not.
If  i bought HNB X  on 29 th of March  ..Am i eligible only  for cash  dividend or  both ?  Because of script dividend  share  issues   as at 19 th of February ..It means script dividend  entitled  before got shares  before 19 th of february.  please clarify....

11What's going on with HNB.X? Empty Re: What's going on with HNB.X? Mon Mar 29, 2021 12:42 am

RJ1010


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

samansilva wrote:
RJ1010 wrote:I was also quite curious about this blocking done by 2 or 3 accounts at 100... I was watching the order book as huge chunks were added to that 100 price point by few splits.more than selling they intend to block the price from going up. Ofcourse it’s also a great price for new buyers or collectors. I too hold a good amount. Good dividend as well. I would be watching the order book on Xd date to see if those sell orders still remain or not.
If  i bought HNB X  on 29 th of March  ..Am i eligible only  for cash  dividend or  both ?  Because of script dividend  share  issues   as at 19 th of February ..It means script dividend  entitled  before got shares  before 19 th of february.  please clarify....
 31 Mar Xd for both scrip and cash div. You need to buy at least on 30 Mar to be eligible.

ADVENTUS likes this post

12What's going on with HNB.X? Empty Re: What's going on with HNB.X? Mon Mar 29, 2021 2:03 pm

Vasyan


Manager - Equity Analytics
Manager - Equity Analytics

why they are blocking to go up , 100/= fully break then they placed big sell orders 103/- 104/- 105/- 107/- actually hnb.x is good but make me panic to sell

13What's going on with HNB.X? Empty Re: What's going on with HNB.X? Mon Mar 29, 2021 2:03 pm

madukp


Expert
Expert

Someone may have realized its worth at last over 15M shares been collected so far. Very Happy

RJ1010 and judecroos like this post

14What's going on with HNB.X? Empty Re: What's going on with HNB.X? Mon Mar 29, 2021 2:53 pm

judecroos


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

madukp wrote:Someone may have realized its worth at last over 15M shares been collected so far. Very Happy
Got about 2 big buckets full. let's see in a month time.

RJ1010 likes this post

15What's going on with HNB.X? Empty Re: What's going on with HNB.X? Mon Mar 29, 2021 9:22 pm

Wickyz


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

😁😁

16What's going on with HNB.X? Empty Re: What's going on with HNB.X? Tue Mar 30, 2021 12:49 am

Eranga87


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

As I earlier mentioned, my initial ST Tps. Rs.112. Qtr, financial easily comfort to achieve this one. if someone really missing opportunity, try to collect after div. XD date.

madukp and SANJAYANM like this post

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