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Sanasa Development Bank

+4
Jana1
salt
Arena
udith
8 posters

Go down  Message [Page 1 of 1]

1Sanasa Development Bank Empty Sanasa Development Bank Wed Jun 19, 2013 5:02 pm

udith


Stock Trader

http://www.srilankamirror.lk/news/7578-sanasa-former-chirman-receives-a-gift-of-rs-20-million

does any body know about this

2Sanasa Development Bank Empty Re: Sanasa Development Bank Wed Jun 19, 2013 5:15 pm

Arena


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

They cant do such things, I think Minority SH should complain on this. But this looks a good thing but transparency ?

3Sanasa Development Bank Empty Re: Sanasa Development Bank Wed Jun 19, 2013 5:31 pm

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics

Old story. clear  conflict of interest.
I don't like shares with Govt involvement, but you don't have any with no involvement
I gives Rs. 10.00 dividend with 72.00 per share
so, buy it

4Sanasa Development Bank Empty Re: Sanasa Development Bank Wed Jun 19, 2013 6:44 pm

Jana1


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

udith wrote:http://www.srilankamirror.lk/news/7578-sanasa-former-chirman-receives-a-gift-of-rs-20-million

does any body know about this
That is da reason y SDB share price struck at this level...PE of less than 5. If sum1 brings this issue to the court these people will surely get the weight of the justice. Offering 60 mn as a gift in addition to other retirement benefit is substantial. Almost two month profit....

5Sanasa Development Bank Empty Re: Sanasa Development Bank Wed Jun 19, 2013 6:47 pm

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics

Arena wrote:They cant do such things, I think Minority SH should complain on this. But this looks a good thing but transparency ?

Sometime bank a paper reported another listed bank gifted 25 Million or something to the retiring chairman

6Sanasa Development Bank Empty Re: Sanasa Development Bank Wed Jun 19, 2013 7:38 pm

Burpy


Senior Equity Analytic
Senior Equity Analytic

..........and what is IFC - the pundits of corporate governance is doing ? lol!

7Sanasa Development Bank Empty Re: Sanasa Development Bank Wed Jun 19, 2013 9:10 pm

D.G.Dayaratne


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

The contribution made by mr Kiriwandeniya to sanasa  may be very much higher than this amount.

If share holders support this decision by Board of Directors I do not see any problem
We all know CEOS appointed by various govt during the past have earn
enormous amount of money by granting loans to crooks
But Mr Kiriwandeniya managed this bank very well and it is one of best managed bank. Not like BOC ,PB,or NSB
 good reward and penalty system is a necessity for good economic
management and  to encourage honest hardworking managers

8Sanasa Development Bank Empty Re: Sanasa Development Bank Sat Jun 22, 2013 3:46 pm

playsmart

playsmart
Manager - Equity Analytics
Manager - Equity Analytics

100%correct...

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