Next fundamentally BANKS ERA ..BANKS AND FINANCE INDUSTRY TARGET PRICES

ddrperera

ddrperera

Vice President - Equity Analytics

Posts : 1032
Equity Stars : 7443
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Join date : 2011-07-13
Age : 39

REPORTS BEST..IN 3 RD QUARTER..

HNB,SAMP COMB ,PLC,CFIN,LFIN good Chance
HNB TARGET 150
SAMP 160
PLC 16
CFIN 95
LFIN 170
COMB 95

NadeeR

NadeeR

Equity Analytic

Posts : 38
Equity Stars : 3767
Reputation : 2
Join date : 2014-09-15

ddrperera wrote:REPORTS BEST..IN 3 RD QUARTER..

HNB,SAMP COMB ,PLC,CFIN,LFIN good Chance
HNB TARGET 150
SAMP 160
PLC 16
CFIN 95
LFIN 170
COMB 95

My broker said banks are not performing well.

Jay-Jay

Jay-Jay

Manager - Equity Analytics

Posts : 206
Equity Stars : 2091
Reputation : 14
Join date : 2019-11-21

NadeeR wrote:

ddrperera wrote:REPORTS BEST..IN 3 RD QUARTER..

HNB,SAMP COMB ,PLC,CFIN,LFIN good Chance
HNB TARGET 150
SAMP 160
PLC 16
CFIN 95
LFIN 170
COMB 95

My broker said banks are not performing well.

All big private Banks done 3 rd quarter well . But unfortunately newly developed situation in the country ( Covid ) force to make substantial provisions on any NPA s ... i know for sure .

Banks will indicate a 2% - 3% increase in the results not more than that for the 3rd quarter that I bet .

4th Quarter is a wait and see game if the situation persists.

So ... for me Banking sector is ... bit ...... lack-luster...ed till June next year 2021 .

But still you may keep an eye on COCR & CDB as both the counters shows a movement in my techs .

.

sakuni

sakuni

Manager - Equity Analytics

Posts : 165
Equity Stars : 3068
Reputation : 2
Join date : 2017-02-15

Jay-Jay wrote:

NadeeR wrote:

ddrperera wrote:REPORTS BEST..IN 3 RD QUARTER..

HNB,SAMP COMB ,PLC,CFIN,LFIN good Chance
HNB TARGET 150
SAMP 160
PLC 16
CFIN 95
LFIN 170
COMB 95

My broker said banks are not performing well.

All big private Banks done 3 rd quarter well . But unfortunately newly developed situation in the country ( Covid ) force to make substantial provisions on any NPA s ... i know for sure .

Banks will indicate a 2% - 3% increase in the results not more than that for the 3rd quarter that I bet .

4th Quarter is a wait and see game if the situation persists.

So ... for me Banking sector is ... bit ...... lack-luster...ed till June next year 2021 .

But still you may keep an eye on COCR & CDB as both the counters shows a movement in my techs .

.

heard news LEADING banks WELL PERFORMED except SAMP..

HNB SUPER
NEXT COMB
SAMP IS NOT GOOD

FINANCE SECTOR
PLC SUPER FROM OUTSIDE (FOREIGN ) BRANCH
NEXT CFIN
LFIN NOT GOOD

samansilva

samansilva

Manager - Equity Analytics

Posts : 206
Equity Stars : 3001
Reputation : 3
Join date : 2017-05-12

sakuni wrote:

Jay-Jay wrote:

NadeeR wrote:

ddrperera wrote:REPORTS BEST..IN 3 RD QUARTER..

HNB,SAMP COMB ,PLC,CFIN,LFIN good Chance
HNB TARGET 150
SAMP 160
PLC 16
CFIN 95
LFIN 170
COMB 95

My broker said banks are not performing well.

All big private Banks done 3 rd quarter well . But unfortunately newly developed situation in the country ( Covid ) force to make substantial provisions on any NPA s ... i know for sure .

Banks will indicate a 2% - 3% increase in the results not more than that for the 3rd quarter that I bet .

4th Quarter is a wait and see game if the situation persists.

So ... for me Banking sector is ... bit ...... lack-luster...ed till June next year 2021 .

But still you may keep an eye on COCR & CDB as both the counters shows a movement in my techs .

.

heard news LEADING banks WELL PERFORMED except SAMP..

HNB SUPER
NEXT COMB
SAMP IS NOT GOOD

FINANCE SECTOR
PLC SUPER FROM OUTSIDE (FOREIGN ) BRANCH
NEXT CFIN
LFIN NOT GOOD

PLC Subsidiaries perform well ..expect dividend around 0.70 IPO price Rs 18 still bargain counter.. out of main leading Banks HNB is super star results..

HNB subsidiaries perform well

vikey

vikey

Manager - Equity Analytics

Posts : 186
Equity Stars : 5293
Reputation : 0
Join date : 2011-02-10
Age : 38
Location : Badulla

Jay-Jay wrote:

NadeeR wrote:

ddrperera wrote:REPORTS BEST..IN 3 RD QUARTER..

HNB,SAMP COMB ,PLC,CFIN,LFIN good Chance
HNB TARGET 150
SAMP 160
PLC 16
CFIN 95
LFIN 170
COMB 95

My broker said banks are not performing well.

All big private Banks done 3 rd quarter well . But unfortunately newly developed situation in the country ( Covid ) force to make substantial provisions on any NPA s ... i know for sure .

Banks will indicate a 2% - 3% increase in the results not more than that for the 3rd quarter that I bet .

4th Quarter is a wait and see game if the situation persists.

So ... for me Banking sector is ... bit ...... lack-luster...ed till June next year 2021 .

But still you may keep an eye on COCR & CDB as both the counters shows a movement in my techs .

.

What about LOFC?

wealth123

wealth123

Senior Manager - Equity Analytics

Posts : 359
Equity Stars : 2449
Reputation : 3
Join date : 2019-03-23

LFIN, PLC, VFIN & CFIN are my Picks, Stronger than some Banks.

LFIN : ROE 24%
VFIN : ROE 22%

LFIN : EPS 36+
VFIN : EPS 20+

LFIN : DIV 12.00+
VFIN : DIV 4.50+

LFIN : NAV @ MAR 2021 RS. 200+
VFIN : NAV @ MAR 2021 RS. 130+

And My Initial Targets ( Before 15th November ) are
CFIN : 95.00
LFIN : 158.00
VFIN : 69.00
PLC : 16.00

Maduranga97

Maduranga97

Equity Analytic

Posts : 37
Equity Stars : 1533
Reputation : 0
Join date : 2020-10-14

Can't expect huge market up from banking sector.It'll take reasonable time.Better to inevest in construction sector now a days. Upcoming budget will be more favourable for it

geesura

geesura

Senior Manager - Equity Analytics

Posts : 447
Equity Stars : 2013
Reputation : 3
Join date : 2020-09-01
Age : 21

ddrperera wrote:REPORTS BEST..IN 3 RD QUARTER..

HNB,SAMP COMB ,PLC,CFIN,LFIN good Chance
HNB TARGET 150
SAMP 160
PLC 16
CFIN 95
LFIN 170
COMB 95

what is the impact of bank profits if they are not paying any dividend?

wealth123

wealth123

Senior Manager - Equity Analytics

Posts : 359
Equity Stars : 2449
Reputation : 3
Join date : 2019-03-23

geesura wrote:

ddrperera wrote:REPORTS BEST..IN 3 RD QUARTER..

HNB,SAMP COMB ,PLC,CFIN,LFIN good Chance
HNB TARGET 150
SAMP 160
PLC 16
CFIN 95
LFIN 170
COMB 95

what is the impact of bank profits if they are not paying any dividend?

What will happen if Banks & Finance give both dividends at once ? In 1st Quarter of Next year.
Ex : LFIN ( 12.00 * 2 ) = 24.00

rukshan1234

rukshan1234

Manager - Equity Analytics

Posts : 158
Equity Stars : 3155
Reputation : 4
Join date : 2016-11-04

wealth123 wrote:

geesura wrote:

ddrperera wrote:REPORTS BEST..IN 3 RD QUARTER..

HNB,SAMP COMB ,PLC,CFIN,LFIN good Chance
HNB TARGET 150
SAMP 160
PLC 16
CFIN 95
LFIN 170
COMB 95

what is the impact of bank profits if they are not paying any dividend?

What will happen if Banks & Finance give both dividends at once ? In 1st Quarter of Next year.
Ex : LFIN ( 12.00 * 2 ) = 24.00

GOOD NEWS TO BANKS CAPITAL INJECTED...

shihan 93

shihan 93

Senior Equity Analytic

Posts : 97
Equity Stars : 2603
Reputation : 0
Join date : 2018-01-28

Definitely Finance companies after Central bank allowing deposits , Definitely, LOFC, Commercial Finance, Vallibel finance also Central finace.Most All others also have a god chance. When it comes to banks only NDB, DFCC and finally it will be SEYB (all commercial banks also -ve affected due to CB's instructions)

Champ888

Champ888

Manager - Equity Analytics

Posts : 125
Equity Stars : 1653
Reputation : 0
Join date : 2020-09-12

DFCC still at very low price. Good time to collect.

With 3rd quarter results this will pass 80.

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Next fundamentally BANKS ERA ..BANKS AND FINANCE INDUSTRY TARGET PRICES

1 Next fundamentally BANKS ERA ..BANKS AND FINANCE INDUSTRY TARGET PRICES Fri Oct 16, 2020 11:50 am

ddrperera

2 Re: Next fundamentally BANKS ERA ..BANKS AND FINANCE INDUSTRY TARGET PRICES Fri Oct 16, 2020 12:14 pm

NadeeR

3 Re: Next fundamentally BANKS ERA ..BANKS AND FINANCE INDUSTRY TARGET PRICES Fri Oct 16, 2020 12:32 pm

Jay-Jay

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sakuni

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samansilva

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wealth123

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Maduranga97

9 Re: Next fundamentally BANKS ERA ..BANKS AND FINANCE INDUSTRY TARGET PRICES Fri Oct 16, 2020 3:02 pm

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13 Re: Next fundamentally BANKS ERA ..BANKS AND FINANCE INDUSTRY TARGET PRICES Sat Oct 17, 2020 5:07 pm

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