SAMPATH BANK PLC (SAMP.N0000)

ONTHEMONEY wrote:Hi all,

I view as good investment purely based on NAV.

However, following 4 reasons would kill the earnings potential in next couple of quarters
1.  currently interest rate
2. cashflow delay as a result of moratorium facilities
3. asset liability mismatch
4. High Level of NPA resulting increases provisional cover
(Sampath being the best in NPA during 2015~16 @ 1.6% now  aro bow around 7% or more which would eventually increase further with moratorium defaults)

So, what i feel is the hit spiked from COVID19 was passed to Banks by the Government and now it is being realized in their financials.

Good Luck

dayandacool wrote:Sampath Looking good to start the journey towards 140.

Sanju121 wrote:240 is possible within weeks

glad wrote:

dayandacool wrote:For those who are interested this is the CBSL Directive for Dividend halt!!!

https://www.cbsl.gov.lk/sites/default/files/cbslweb_documents/laws/cdg/bsd_directions_no_3_of_2020_e.pdf

Thanks D...Cool

lakymahesh wrote:

glad wrote:

dayandacool wrote:For those who are interested this is the CBSL Directive for Dividend halt!!!

https://www.cbsl.gov.lk/sites/default/files/cbslweb_documents/laws/cdg/bsd_directions_no_3_of_2020_e.pdf

Thanks D...Cool

did they remove this ban on dividend for banks recently ? they say it has, any supporting documents for that ?

Sanju121 wrote:240 is possible within weeks

Love Boy wrote:

Sanju121 wrote:240 is possible within weeks

Are you a joker, Sanju

kanishkaecomm wrote:Is this a right time to enter to this share for mid-term purpose?

Master D wrote:

kanishkaecomm wrote:Is this a right time to enter to this share for mid-term purpose?

Mid/ short  term, there are many other good shares.
Sampath is better for long term.

judecroos wrote:

Love Boy wrote:

Sanju121 wrote:240 is possible within weeks

Are you a joker, Sanju

let's cross our fingers but for me for sure 150 will touch before the end of this month.

Oversold on moratoriums fears; First in line to recover in a post crisis period

19580313 wrote:5 Million buyer out of 11 million total suddenly vanished when  shares come down at 210/ level. Who is this gye? Is it manipulation? Today, SAMP trading style is ruing one of prestigious share value. This will be affect in future sub divisions too. Hoe about ideas Colleagues?

celtic tiger wrote:There is only one winner casino den. THATS WHY FOREIGNERS RUNNING AWAY FORM SO CALLED  BEST STOCK  EXCHANGE  IN THE WORLD.

Love Boy wrote:

celtic tiger wrote:There is only one winner casino den. THATS WHY FOREIGNERS RUNNING AWAY FORM SO CALLED  BEST STOCK  EXCHANGE  IN THE WORLD.

I am wating to buy Rs.180 again

Vishwanarth wrote:

Love Boy wrote:

celtic tiger wrote:There is only one winner casino den. THATS WHY FOREIGNERS RUNNING AWAY FORM SO CALLED  BEST STOCK  EXCHANGE  IN THE WORLD.

I am wating to buy Rs.180 again

I think there will be no way to come back 180 level
That foolish 29th day caused SMBK natural trend to be irregular. For EXPO and SMBK it was a wedding day.But so called super systems failed and ruined great day. Lets wish super Monday then