PABC dividend soon?

keeper · 1 PABC dividend soon? Mon Jan 13, 2014 7:08 pm

keeper

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PABC....Dividend soon......Within this month They will disclose their dividend...
Is it less than Rs1.00? Because 9 month result is less than last year.EPS in this year 0.87, In last year 2.54

sahan8896 · 2 Re: PABC dividend soon? Mon Jan 13, 2014 7:43 pm

sahan8896

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keeper wrote:PABC....Dividend soon......Within this month They will disclose their dividend...
Is it less than Rs1.00? Because 9 month result is less than last year.EPS in this year 0.87, In last year 2.54

Expect good dividend from blue chip financial companies.Will it be a dividend rain like early 2013. Question

Leon · 3 Re: PABC dividend soon? Mon Jan 13, 2014 11:44 pm

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Banking dividend will be in line starting from late February..

balapas · 4 Re: PABC dividend soon? Tue Jan 14, 2014 7:09 am

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I bought PABC at 54 month low at 15.40 couple of weeks back and it went to 17. I think this will have some movement given that dividend is coming up. I will not wait for the dividend if the price is right for me since still not confident of their performance to hold mid to long term. Also funny feeling that they might go for a rights issue. Dont want that.

gamaya · 5 Re: PABC dividend soon? Wed Jan 15, 2014 7:34 am

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The directors milked the cow and exited in a big way. Now the cow have to meet the capital adequacy requirements of Central Bank. How can that be done? Rights issue at some point..?

Do your research on this counter carefully pls....
My intention is not to hurt anybody...
I am simply sick of this kind of practices in CSE..

samcader · 6 Re: PABC dividend soon? Wed Jan 15, 2014 8:21 am

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PABC does not need to go for a rights as they could resort to a Debenture Issue with the least amount of hassle.

keeper · 7 Re: PABC dividend soon? Wed Jan 15, 2014 9:45 am

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PABC merge with .............................? Who? Give your suggestion?

realstock · 8 Re: PABC dividend soon? Wed Jan 15, 2014 11:08 am

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if merge is must,

Amana Bank[1]
Sanasa Development Bank[02]
Union Bank of Colombo[03]
Housing Development Finance Corporation (HDFC) Bank[04]
Pan Asia Bank[05]

realstock · 9 Re: PABC dividend soon? Wed Jan 15, 2014 11:22 am

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Last edited by realstock on Wed Jan 15, 2014 1:23 pm; edited 1 time in total

rainmaker · 10 Re: PABC dividend soon? Wed Jan 15, 2014 11:26 am

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keeper wrote:PABC merge with .............................? Who? Give your suggestion?

some people act as if they were born yesterday ..... SAMP

Leon · 11 Re: PABC dividend soon? Wed Jan 15, 2014 2:24 pm

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rainmaker wrote:

keeper wrote:PABC merge with .............................? Who? Give your suggestion?

some people act as if they were born yesterday ..... SAMP

They are from the same family. But for what reason they should merge?

Hanoifortune · 12 Re: PABC dividend soon? Wed Jan 15, 2014 2:43 pm

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Leon wrote:

rainmaker wrote:

keeper wrote:PABC merge with .............................? Who? Give your suggestion?

some people act as if they were born yesterday ..... SAMP

They are from the same family. But for what reason they should merge?

Don't you read newspaper and cse anouncement to know the reason why banks want to merge

bullrun · 13 Re: PABC dividend soon? Wed Jan 15, 2014 6:20 pm

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This is the last year announcement

DIVIDEND ANNOUNCEMENT
31 January 2013
Date of Announcement: - 31.Jan.2013
Rate of Dividend: - Rs. 1.00 per share / Interim Dividend
Financial Year: - 2012
XD: - 12.Feb.2013
Payment: - 21.Feb.2013
Share Transfer Book Open

Leon · 14 Re: PABC dividend soon? Wed Jan 15, 2014 11:25 pm

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Hanoifortune wrote:

Leon wrote:

rainmaker wrote:

keeper wrote:PABC merge with .............................? Who? Give your suggestion?

some people act as if they were born yesterday ..... SAMP

They are from the same family. But for what reason they should merge?

Don't you read newspaper and cse anouncement to know the reason why banks want to merge

Of course I read papers. I think you refer this to a possible merger NDB/DFCC. It does't mean all the banks should or will merge.

gamaya · 15 Re: PABC dividend soon? Thu Jan 16, 2014 11:01 am

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PABC needs to increase their capital to 5Bn by end 2015 as per CBSL directive in 2010 - Sept, as I remember

Now total equity 4.1 Bn. How are they going to achieve this target?

balapas · 16 Re: PABC dividend soon? Thu Jan 16, 2014 11:29 am

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Good question. Keeping that in mind, when someone pays dividend what gets reduced? Thinking about that can someone guess whether paying Rs1 as dividend is a practical move. Also have a look at capital adequacy ratios of Sep accounts to see where its heading.