CDB - Foreign holdings- collection period

dmjesua · 1 CDB - Foreign holdings- collection period Thu Feb 17, 2011 12:40 am

dmjesua

Senior Equity Analytic

Posts : 83
Equity Stars : 4986
Reputation : 1
Join date : 2011-01-21

Keep eye on...

Last edited by dmjesua on Fri Mar 11, 2011 4:19 pm; edited 2 times in total

achala75 · 2 Re: CDB - Foreign holdings- collection period Thu Feb 17, 2011 9:57 am

achala75

Senior Equity Analytic

Posts : 59
Equity Stars : 4905
Reputation : 0
Join date : 2011-02-08

dmjesua wrote:Keep eye on...

Dear dmjesua,
Thanks for info. But how do you get this info.? Is it in any document or disclosure
I am also interested in CDB. It's EPS in 3 rd Q has reported over Rs.5.00.

dmjesua

dmjesua

Senior Equity Analytic

Posts : 83
Equity Stars : 4986
Reputation : 1
Join date : 2011-01-21

15/02/2011 foreign holdings- 363,800
31/01/2011 foreign holdings- 177,300

mark · 4 Re: CDB - Foreign holdings- collection period Thu Feb 17, 2011 3:00 pm

mark

Expert

Posts : 2677
Equity Stars : 9754
Reputation : 423
Join date : 2011-02-04
Age : 33
Location : Hell....

-As per a decision of the Board taken during the quarter under review , Investments in listed shares have been classified as current investments
and the market value has been applied as carrying value. The mark to market adjustment of Rs 114,974,925/= has been recognised in the Financial Statements(extracted from recent quarter results)
i strongly believe that CDB wont go below 70 levels,it would bounce back 100 levels again........i may be wrong

limestone · 5 Foreign Holding Thu Feb 17, 2011 3:26 pm

limestone

Manager - Equity Analytics

Posts : 120
Equity Stars : 4994
Reputation : 11
Join date : 2011-02-03

dmjesua wrote:15/02/2011 foreign holdings- 363,800
31/01/2011 foreign holdings- 177,300

how do you get this figures ? can u please let me know the link ?

achala75 · 6 Re: CDB - Foreign holdings- collection period Thu Feb 17, 2011 8:46 pm

achala75

Senior Equity Analytic

Posts : 59
Equity Stars : 4905
Reputation : 0
Join date : 2011-02-08

limestone wrote:

dmjesua wrote:15/02/2011 foreign holdings- 363,800
31/01/2011 foreign holdings- 177,300

how do you get this figures ? can u please let me know the link ?

dear limestone, u can get these figures from cse.lk website.

abc · 7 Re: CDB - Foreign holdings- collection period Thu Feb 17, 2011 9:19 pm

abc

Senior Equity Analytic

Posts : 71
Equity Stars : 4934
Reputation : 5
Join date : 2011-02-09

achala75 wrote:

limestone wrote:

dmjesua wrote:15/02/2011 foreign holdings- 363,800
31/01/2011 foreign holdings- 177,300

how do you get this figures ? can u please let me know the link ?

dear limestone, u can get these figures from cse.lk website.

Can't locate this in CSE. Pls help.

smallville · 8 Re: CDB - Foreign holdings- collection period Sat Feb 19, 2011 10:38 pm

smallville

Associate Director - Equity Analytics

Posts : 4119
Equity Stars : 10110
Reputation : 530
Join date : 2011-02-03
Location : Back on Earth

mark wrote: -As per a decision of the Board taken during the quarter under review , Investments in listed shares have been classified as current investments
and the market value has been applied as carrying value. The mark to market adjustment of Rs 114,974,925/= has been recognised in the Financial Statements(extracted from recent quarter results)
i strongly believe that CDB wont go below 70 levels,it would bounce back 100 levels again........i may be wrong

I can second your statement without a doubt.. looking at their surprise earning last qtr we have all the facts to be bullish on this.. I recommend this share to a friend of mine on Thursday around 83.. Better buy lowest and keep for some time.. by April this is gonna be another hit I believe ;-)
Just my thoughts.. not a recommendation to any one..

godswen · 9 Re: CDB - Foreign holdings- collection period Sat Feb 19, 2011 10:44 pm

godswen

Senior Manager - Equity Analytics

Posts : 469
Equity Stars : 5520
Reputation : 65
Join date : 2011-02-02

abc wrote:

achala75 wrote:

limestone wrote:

dmjesua wrote:15/02/2011 foreign holdings- 363,800
31/01/2011 foreign holdings- 177,300

how do you get this figures ? can u please let me know the link ?

dear limestone, u can get these figures from cse.lk website.

Can't locate this in CSE. Pls help.

Check on CSE Daily reports, it starts from the 62nd page!

http://www.cse.lk/cmt/upload_cse_report_file/daily_report.pdf

dmjesua

dmjesua

Senior Equity Analytic

Posts : 83
Equity Stars : 4986
Reputation : 1
Join date : 2011-01-21

24/02/2011 foreign holdings- 405,400
15/02/2011 foreign holdings- 363,800
31/01/2011 foreign holdings- 177,300

dmjesua · 11 Re: CDB - Foreign holdings- collection period Sun Feb 27, 2011 10:57 am

dmjesua

Senior Equity Analytic

Posts : 83
Equity Stars : 4986
Reputation : 1
Join date : 2011-01-21

http://www.sundayobserver.lk/2011/02/27/fin24.asp
CDB PAT exceeds Rs.300 m in Q3
Continued improvement in key performance indicators in the third quarter of 2010 enabled Citizens Development Business Finance Ltd (CDB) to record a noteworthy profit growth for the nine months ended December 31.

The Company's pre-tax profit has gone up by 938 percent to record Rs. 331.7 mn up from Rs. 31.9 mn for the corresponding period last year, while revenue reached Rs.1492m projecting a growth of 35 percent over the corresponding period.

Director/CEO Mahesh Nanayakkara said, "As reflected in key financial figures, CDB's transformation from a small player in 2001 to a prominent dynamic player within the industry by 2010 has been remarkable.

CDB's total asset base has grown from a mere Rs. 276 mn in 2001 to Rs. 9 bn in 2010. Annual revenue has grown from Rs. 25 mn to around Rs. 2 bn. Net assets which recorded a negative figure in 2001 is now Rs. 800 mn. From its loss making status in 2001, CDB has continuously recorded growth in profitability since 2004 and posted net profits surpassing Rs. 300mn for the first nine months of the current financial year.

CDB was recently assigned BBB-/P3 credit rating by RAM Rating (Lanka) Ltd. We are confident in concluding the current financial year with the same momentum in bottom-line results."

CDB's net interest income increased by 79 percent to Rs. 583 mn, an increase of Rs. 257 mn over the preceding year. The overall NPL ratio stood at 4.48 percent at December 31.

The earnings per share recorded a figure of Rs. 7.83. Mark to market value adjustment of investment in listed shares amounting Rs.114 m also contributed significantly to the bottom-line results.

CDB's AGM Business Development, Malcom Weerasuriya said, "Our total deposit base has increased by 39 percent to Rs. 6.7 bn.