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SEYB, Seylan Bank Ltd

74 LKR flat chg. 65,900 vol. 4,910,280 tnvr. 31 trades
Last traded 25 min ago

Mentioned in 34 posts...

  • [Updated] Loosing Faith on #SEYB

  • SEYB both n and x being stagnate in 70's and 40's. but I believed SEYBs' are having a potential of growth. even last Quarter profit up, i can't see any considerable growth in share...
  • 1 replies, Weeraman 20 hours ago posted by xmart, 21 hours ago

  • [Updated] CSE – possible breaking barriers

  • Below the possible barriers for next 03 months.(By 30th November’2010) Do you agree? #BFL possible to break Rs.243/- (Today’s Price 27.08.2010 – Rs.133/-) #GRAN possible to br...
  • 19 replies, MarketWatch 2 days ago posted by cse.see, 4 days ago

  • [Updated] #SEYB READY TO RUN

  • HI guis ,it is seem to be gcing up #SEYB i think this is de shere now can goup,.as others are over value/? so dont harry to sell,,,????
  • 3 replies, SISA 4 days ago posted by epgamini, 4 days ago

  • [Updated] #SEYB READY TO RUN

  • HI guis ,it is seem to be gcing up #SEYB i think this is de shere now can goup,.as others are over value/? so dont harry to sell,,,????
  • 0 replies posted by epgamini, 4 days ago

  • [Updated] #SEYB

  • What will be the impact on the proce of SEYB with the new listing of preference shares? Is the price likely to climb or go down?
  • 0 replies posted by yorkie, 11 days ago

  • [Updated] #SEYB to strenghten with SMB rights issue?

  • It says in the SMB rights issue announcement that some of the money will be utilised to pay loans from seylan bank. With the increased business in leasing this would be a positive ...
  • 0 replies posted by gamaya, 14 days ago

  • [Updated] #SEYB

  • The Central Bank has just issued a statement defending EPF investments in stocks. The sub text of the statement is that banking sector is one of the best performers and the EPF wil...
  • 6 replies, lanki 20 days ago posted by shanidealwis, 20 days ago

  • [Updated] #SEYB voting vs non-voting

  • Doesn't look like the government has any intention of allowing anyone to take control of #SEYB. Therefore, there is no extra ordinary value in the voting shares. As fas as company ...
  • 5 replies, greedy 6 Aug 10 posted by shanidealwis, 6 Aug 10

  • [Updated] #SEYB

  • Doesn't look like the government has no intention of allowing anyone to take control of #SEYB. Therefore, there is no extra ordinary value in the voting shares. As fas as company a...
  • 0 replies posted by shanidealwis, 6 Aug 10

  • [Updated] #SEYB #NTB and other banks

  • Both bank and telco sectors should do well as value returns to the market.The ASI falling to a sustainable and a realistic level (I think between 4,000 and 3,300 in six months) w...
  • 0 replies posted by shanidealwis, 6 Aug 10

  • [Updated] #SEYB and #HNB

  • I think they both about to breakout, very good potential and value. #SEYB is undervalued at the moment. #HNB might go for a split.
  • 7 replies, coolc 29 Jul 10 posted by palitha, 29 Jul 10

  • [Updated] #Seylan Bank

  • Mr. Market Watch, We have seen significant movements in Bank shares and Financce company shares. However, #SEYB had recorded a sharp increase in profit up 270% to Rs.510.5MN., acc...
  • 4 replies, don.senaka 2 Aug 10 posted by don.senaka, 28 Jul 10

  • [Updated] Flavour of the month...

  • Some one asked about good hotels to invest in, but looks they are all highly over priced. Lot of people keep saying on this forum, and worth repeating, it is better to go in for un...
  • 2 replies, MarketWatch 21 Jul 10 posted by shanidealwis, 21 Jul 10

  • [Updated] #SEYB Seylan Bank EPS Rose to 5.12 this Quarter

  • Seylan Doing well June results announced today. EPS = 5.12 - June 2010 (3.09 - March 2010, 2.25 June 2009). . Now this is becoming beater than #COMB (March) EPS 4.40
  • 3 replies, lblankfein 21 Jul 10 posted by chinwi, 21 Jul 10

  • [Updated] #SEYB

  • The Central Bank appears to have chosen Seylan for disbursing a large chunk of money to SMI sector. This should be good or bad? Possibly better profit prospects, but also defaults!...
  • 0 replies posted by shanidealwis, 16 Jul 10

  • [Updated] #SEYB Voting or Non Voting??

  • hi all, which is a better buy of the above two? SEYB.X has moved by over 160% during the last 6 months whereas SEYB.N has moved by about 85%. And SEYB.X seems more liquid as well...
  • 0 replies posted by fake face, 10 Jun 10

  • [Updated] An interview with #SEYB chairman

  • But you needs to install sinhala fonts to read the article http://www.divaina.com/2010/05/13/feature01.html Here is the english version http://www.island.lk/2010/05/15/busines...
  • 2 replies, cse 16 May 10 posted by cse, 16 May 10

  • [Updated] #SEYB : Seylan bank

  • http://www.lankabusinessonline.com/fullstory.php?nid=1910913567 http://www.cse.lk/cmt/uploadAnnounceFiles/6891270122121_443.pdf
  • 1 replies, cse 13 May 10 posted by cse, 13 May 10

  • [Updated] #SEYB Is Seylan bank recovering very quickly ?

  • Seylan bank is the 5th largest bank with wide network. 62 page of the annual report 2009 Financial projections in the 3-year Strategic Plan 2009-11, that is currently guiding...
  • 3 replies, cse 11 May 10 posted by cse, 10 May 10

  • [Updated] #SEYB : Seylan bank

  • hi all, Are there any good news about seylan bank? I feel this share will go up in near future but don't know the reason. When I looked into the order book I saw that some one c...
  • 0 replies posted by cse, 10 May 10

  • [Updated] Banking Sector in Brief......

  • The banking sector seems to have a lot in store for the investors. Let me list the main reasons for this, a) The interest spread of banks is quite healthy and remains at good le...
  • 4 replies, Guru 2 Jun 10 posted by Rapaport, 4 May 10

  • [Updated] #SEYB and #TWOD

  • I think seyb is a undervalued stock for the moment.And as i know ceylinco group is recovering after golden key crisis.comparing to their balance sheet rs.47 is undervalued for me. ...
  • 3 replies, kishan 9 Mar 10 posted by kishan, 9 Mar 10

  • [Updated] #LFIN

  • The big boys have started to release 3Q earnings. #LFIN and #SEYB released today. #LFIN had ok results (nothing spectacular), latest quarter EPS was 2.50 (last years was 2.51) and ...
  • 3 replies, MarketWatch 30 Oct 09 posted by innam, 26 Oct 09

  • [Updated] #SEYB significantly undervalued?

  • Seylan bank group annualized EPS according to the latest financial statements is 9.46 and this gives a PE ratio of 4.3. Net assets value per share is 49. Does this mean seyb is sig...
  • 3 replies, MarketWatch 26 Oct 09 posted by dnr, 26 Oct 09

and in 59 replies...

  • [Updated] #SEYB is going to bu... reply from bull, 1 day ago
  • Dear ilovemoney ulookfunny.....
    First go thru the shareholder structure of LOLC. See wots the portion owned by Raja N, Ishara N , Mrs. I Nanayakkara and Kalsha Amarasinghe. it is 55%
    And LOLC is stonger than ever ... lot of surprizes in near future...
    yeah i will definitly do not ask the question where u got this info.... u can dream on and on and on...
    #SEYB is a sound share... not necessary to create such silly manipulation to inflate the share price of N & X. Yeah i kno it is stagnated in 70s (N) and 40s (X) for quite some time. it will pick up once next quater figures disclosed.
    Good Luck...
  • [Updated] #SEYB READY TO RUN reply from coolc, 4 days ago
  • Can you please pay little attention about spellings when you post...
    had to read 3 times to understand :)

    #SEYB has a potential to go up. that staff salary issue may cause price drop of last few days. any news regarding that.
  • [Updated] Short term growth an... reply from smalik, 5 days ago
  • @Chinwi,

    This forum has sure done that and more... If not for this forum, I thought Greg was the best share which I can possibly lay my hands on. Now I know otherwise :)

    @Greedy,

    You are being modest :) as for the stocks that you have mentioned, i have both of them. Unfortunately #Seyb seems to be a little slow to pick.

    #ATL,BALA,CSEC,GRAN,NHL,MARA,MULL,STAFF,KHL and TWOD are some of the other stocks I have.

    Not in very huge quantities but believe in a diversified manner.

    @Pissa6666,

    Thanks for the update... unfortunately I only have few of the stocks you have mentioned on your list but hoping to collect some once I dispose a few of my hotel sector shares since i feel the hotel rally would end soon. (While holding on to RHTL and KHL)

    @DJV & MW and all others members sharing the expertise,

    Thank you for all the post on analysis shared with newbie which has immensely enhanced the probability of and profitable portfolio.


    I'm sure everyone is busy in their own way so guys, know what they say,
    BETTER LATE THAN NEVER!!! :) :)

    Thank you all for taking your valuable time to reply

    Cheers,
  • [Updated] What are the best ba... reply from UG79007, 10 days ago
  • IMO #NTB is a good long term investment. By I still can't figure out why #SEYB voting and non voting are fluctuating so much. More than fluctuating, it's towards a downward trend. Is it advisable to collect at these levels?
    Thanks!!!
  • [Updated] What do you think ab... reply from pissa6666, 12 days ago
  • Chinwi

    Good piece of information. The difference between banks like #COMB, #HNB and #SEYB is that the latter has less internal controls and higher delegated powers. That lead to many issues and I remember when Ms. Rohini Nanayakkara took over, there were series of actions and many managers lost their job due to misuse of delegated authority, lending against very weak securities etc.

    If the above situation mentioned by you is not managed effectively and nipped in the bud, definitely it will hit the share prices.
  • [Updated] 2nd Phase of StockMa... reply from MarketWatch, 16 days ago
  • Hi Roshara,
    Due to my tortoise plus approach to the market, I will not target short-term gain and non tortoise stocks .
    In addition, markets are unpredictable in the short run. We should follow considerable period to identify bullish stocks.
    Remember 21 days ago, when I saw some indicators I mentioned three stocks to watch: BFL, GRAN and TAFL
    Some momentum stocks such as ACAP, RHTL and CHOT can go up little bit more. However, I do not know their true value and I have not followed them much.
    Finally, I have limited my operation to few extremely bullish massively undervalued stocks.
    Following is the list mentioned buy CSE.SEE
    reply from cse.see, 2 days ago

    If you predict short term, 03 months (by 15th November’2010) following shares will give you a clear return.

    #BFL possible to break Rs.140/- (minimum Rs.142/-) may be Rs.168/-
    #GRAN possible to break Rs.50/-
    #TAFL possible to break Rs.27/-
    #HAYC possible to break Rs.194/-
    #CIC.N possible to break Rs.108/-
    #DIST possible to break Rs.168/-
    #DIAL possible to break Rs.12.75/-
    #SEYB possible to break Rs.92/-
    #MBSL possible to break Rs.38.25/-
    #BREW possible to break Rs.304/-
    #LION possible to break Rs.174/-
    #LCEY possible to break Rs.154/-
    #HAYL possible to break Rs.342/-
    #HHL possible to break Rs.44/-
    #RICH possible to break Rs.140/-
    #TKYO possible to break Rs.46/-
    #BALA possible to break Rs.52/-
    #MAL possible to break Rs.84/-
    #LFIN possible to break Rs.169

    One or two stocks in the above list can go up gradually and systematically in the coming weeks braking their psychological barriers and new barriers.
    Good luck!
  • [Updated] Undervalued Stocks reply from cse.see, 19 days ago
  • If you predict short term 03 months (by 15th November’2010) following shares will give you a clear return.

    #BFL possible to break Rs.140/- (minimum Rs.142/-) may be Rs.168/-
    #GRAN possible to break Rs.50/-
    #TAFL possible to break Rs.27/-
    #HAYC possible to break Rs.194/-
    #CIC.N possible to break Rs.108/-
    #DIST possible to break Rs.168/-
    #DIAL possible to break Rs.12.75/-
    #SEYB possible to break Rs.92/-
    #MBSL possible to break Rs.38.25/-
    #BREW possible to break Rs.304/-
    #LION possible to break Rs.174/-
    #LCEY possible to break Rs.154/-
    #HAYL possible to break Rs.342/-
    #HHL possible to break Rs.44/-
    #RICH possible to break Rs.140/-
    #TKYO possible to break Rs.46/-
    #BALA possible to break Rs.52/-
    #MAL possible to break Rs.84/-
    #LFIN possible to break Rs.169/-

    Above list, all shares fundamentally very strong.
    * REMEMBER : Always buy STRONG shares.
  • [Updated] #SEYB reply from shanidealwis, 20 days ago
  • Hello fairshare,

    marked #seyb for the headline as it is one of the best value counters in the banking sector, but please don't limit it to this alone. Of course, don't limit to banking sector alone. I have maintained that telcom sector will be the flavour of this month. There is a mountain of cash with TRC to be given to operators for the network roll out in rural areas. Needless to say SLT will be one of the top beneficiaries of that....
  • [Updated] BFL going to settle ... reply from cse.see, 20 days ago
  • In my list, Undervalued shares below,
    Mostly:
    #BFL
    #MAL
    #GRAN
    #TAFL
    #LCEY
    #BALA

    Others:
    #HAYC
    #RICH
    #TKYO
    #SEYB
    #SAMP
    #COMB
  • [Updated] blue chip reply from milindaperer, 21 days ago
  • @ab123.. I`m not gonna promote 2 buy any of these below mentioned shares. These
    shares are well known BLUE CHIPS 4 most of investors.

    #COMB
    #DFCC
    #JKH
    #NDB
    #SAMP
    #SEYB
    #TKYO
  • [Updated] Beware of the sacm reply from cse, 28 days ago
  • Why still investors are buying GREG ?
    Turnover is 132 mn
    People not learning by hard way ?
    There are lot of good stocks like #GLAS , #SEYB , #CLND , #OSEA
  • [Updated] Fundamentaly Strong ... reply from cse, 4 Aug 10
  • Do your own research before investing

    #glas
    http://investnow.lk/2010/08/04/piramal-glass-:-profit-up-and-21-acre-land-to-be-unlocked/2905/
    glas plan to sell Rathmalana land for 600-800 million and use money for expansion and to settle long-term loans. Hopefully glas will able to give higher dividends in future. Some broker firms are recommending glas. But perhaps investors have to wait at least 1 month for a rally.

    #seyb
    http://investnow.lk/2010/05/16/an-interview-with-seyb-chairman/1200/

    #ahpl
    AHPL owns more than 800 rooms in Colombo city

    #khl
    KHL will be stronger with new projects

    #kota
    Undervalued compare to PER of peers
  • [Updated] #MBSL reply from redhawk3000, 4 Aug 10
  • and as usual in the sri lanakn market thats not enough! its going down today! Just lik #SEYB which had an increase of over 200% in their earnings but has only depriciated during the last couple of days! No wonder people rush to #GREG. #DPL and #CLPL...
  • [Updated] Guide to Financial a... reply from Mr.J, 29 Jul 10
  • Seems like u hav invested in plantation, banking and hotel sectors. Plus in Odel. Nice portfolio as a beginner. if u hv collected #KHL, and #REEF not at the peak, dn should be really demanding.

    Talking about Odel, u will be able to gain about 50%gains. But i would think u should't put the selling order on the very early morning on the first day. U should wait till it seems like stabilizing. Prefer sell around 12pm-1pm. So u can make it sure u wn't be disappointed unrealizing potential gains if it continue to increase. nd may continue to increase the 2nd day too. But c whthr it perform well on da first day. nd i think u may not hv a high % on Odel bcz of oversubscription thing. So may be thinking of collecting more in the first few days. :)

    #JINS will giv u some gains nxt few months. Still the reports r not announced. but they had confirmd first Q, this yr as a huge success. So u bettr keep it. Or even go for more, if u r to invest in a no loss stock.

    As expets say hotel sector will be profitable. But dn't know hw long u hv to wait. so if u hv to remove one it should be #MARA, since it continue to show losses. No matter hw #KHL keep at 22 level, still it's gud. CAM fund is too going for it. So may expect bettr results. #REEF too seems to be volatile since #CONN divesting its stake.

    Whn considering #HOPL why did u go for it? But not #BALA or #TPL? But #HOPL too is a gud one, showing positives with the plantation rally, although it keeps ups and downs.

    So a whole wish u gud luck with ur demanding portfolio. Nd keep ur eye on #BFL, #SEYB, #NHL, #CSEC and #TWOD to diversify ur portfolio. :)
  • [Updated] #GREG may hit Rs.200 reply from Stocker, 29 Jul 10
  • Hi guys,

    I'm inveting in share market for long timec closer to 10 years now. Started as a very small investor. What I'm gona tell you is if I analyse my Profits/Losses, #GERG, #DPL & #CLPL gave me the highest contribution.....

    This is my experience, just wanted to share.

    Even I feel there is something fishy about this stock but if I'm getting profits I simply don't care whether it Fundamental or not.

    Fundamental stocks also might collapse like #TFC,#CHOU & #SEYB (few yeards back)
  • [Updated] #SEYB and #HNB reply from palitha, 29 Jul 10
  • #SEYB operates under govenment control and is not any part of ceylinco anymore.
    It has wide network of branches in the same category as HNB,COMB and SAMP. So
    it is a GEM at this price.
  • [Updated] #SEYB and #HNB reply from redhawk3000, 29 Jul 10
  • #SEYB - profits increase by 200% in the last quater and unlike all the other banks and companies that have being going crazy this stock has risen up by 2-3 ruppees since the report came out... any reason why? shouldnt it do really well?
  • [Updated] What about NTB-W @ 3... reply from pissa6666, 28 Jul 10
  • @chinwi

    I too hope the share to reach Rs.90 before Nov. and to reach your estimate if the 2010 performance is significant.

    See my reply to a post on 5th May on Banking sector stocks:

    Quote

    reply from pissa6666, 5 May 10
    Hi Rapaport,

    Good to see some wholistic thinking going into the banking sector stocks.

    Banking is the live wire between the 'haves' (funds) and 'have nots' and indispensable for any economy whether it is at war or not. That is the reason why even during war bank stocks were giving reasonable returns. Unaffordable interest rate escalation during the latter part of war created lot of economic woes and the obvious result was the escalation in loan defaults across the board.

    Now that that is history, banks are slowly getting back to the groove, and the non-performing loan portfolios are reducing by the day. The positive sentiment is setting in and the banks are slowly freeing their arms in extending loans.

    However, as banking stocks were the cynosure of all eyes, the stocks like #COMB, #HNB, #SAMP and #SEYB have rapidly appreciated. As you have rightly mentioned above, their PE multiples are high and can come down only with future earnings. So these stocks for me are a little overpriced and long term plays.

    But in the short to medium term, I expect #PABC and #NTB to outperform the market growth. The reasons are:

    1. Their PE multiples are pretty decent - #NTB - 9.5 & #PABC - 6

    2. These stocks have not appreciated much in the recent rallies due to the rights issues / conversion of NTB warrants into shares.
    For me, with the rights issue, PABC achives it's capital requirement as per Central Bank's prescription and achives the much needed funds for branch expansion and credit growth.
    As for NTB, every conversion of warrant brings in equity capital of Rs.30 and 2010 warrants have given an additional free capital of Rs.1.3Bn for credit expansion.

    3. As young banks, their growth rate will be much higher than COMB, SAMP & HNB. In 2009, PAT of PABC has grown by 73% and PAT of NTB has grown by 15%, irrespective of a Treasury loss (abnormal) of Rs. 500Mn. Whereas COMB grew by 1.75% in PAT.

    4. The group support of JKH for NTB and that of Dhammika Perera for PABC augurs well for the growth of these banks.

    So my bet is with these banks at the moment, which I hope will be reaffirmed by their 1Q results.
  • [Updated] #NTB.W - MW, this is... reply from chinwi, 24 Jul 10
  • @pissa6666,

    You are correct. Not like ERI, # NTB handled warrants in a respectable way to bring value to both investors and the Company.

    I am holding and recommending it for my friends too. In addition, not like X shares they are converted into voting shares.

    We can either buy NTB @ 57 now or Invest 28 now for a warrant and pay 35 in 7 months to have the same share. I am using the balance 30 Rupees ( 57-27 = 30) I save at the moment to invest in #SEYB assuming it may rise well over 35 in 7 months.
  • [Updated] CSE -ASI 5000 and be... reply from MarketWatch, 24 Jul 10
  • • This is how CSE. Lk listed undervalued stocks recently.
    •
    • reply from cse.see, 2 days ago
    • Mostly Under Valued Stocks
    #BFL
    #KGAL
    #BALA

    Under Valued Stocks
    #HAYC
    #KOTA
    #SEYB
    #CLND
    #RICH
    #LFIN
    #CIC
    #STAF
    #NAMU
    #TPL
    #KVAL

    Little-bit Under Valued Stocks
    #LION
    #TAFL
    #EAST
    #DIPD
    #HAYL
    #KCAB
    ________________________________________
    I think we have to add #hopl and #agal as well.

    Even #madu can break Rs.20 barrier.

    In addition, some new members are posting some good quality stocks time to time.

    Definitely, I can see rally in some of the above companies in the coming months. Even now, we can see some rally.

    Remember we had around 10% correction for plantations stocks.

    We should try to find stocks according to our liking, time horizon, experience, skills and knowledge in the industry. There are undervalued stocks in some other groups as well.
    Good luck!
  • [Updated] What Happened to the... reply from Anamandabanz, 23 Jul 10
  • "Pissu hadei banz mun kiyana ewa ahala invest karoth". I also invested on few hotels and banking sector , all I see is #GREG and #greg's group of companies flying high. Did anybody give a sXXt about #seyb last qtr profits ? , NONE! . Get real fellaz!
  • [Updated] Can you list possibl... reply from lblankfein, 22 Jul 10
  • my list is mainly, #SEYB, #MBSL and #KHL
    #SEYB is improved there profits and since there is lot of potential in #SEYB to improve I believe it may go up.
    #MBSL I think if they have increased their profits (I'm pretty sure they have), that will also go up.
    #KHL being one of the biggest hotel chains in SL, and if they improve their profits I think it can also go up.
  • [Updated] Can you list possibl... reply from coolc, 22 Jul 10
  • #KOTA #SEYB #SINS #HNB #LLUB is in my list...

    #BFL i have same doubts... i also feel that they did their best last quarter/year and might this quarter will not good as them.. but still this price is Worth.

    when comparing KGAL and KOTA i go with KOTA now it is more undervalued it seems.
  • [Updated] Can you list possibl... reply from cse.see, 22 Jul 10
  • I think #KGAL, #BFL, #KOTA, #HAYC, #BALA, #CLND, #SEYB, #RICH may be bullish stocks in coming weeks. Investors are expecting higher results from above companies.

    But, I have little bit doubt with #BFL & #KGAL coming results. Last 04 / 05 quarters both performed very very well. In a raw, we saw a clear quarter on quarter growth.

    #BFL - 31.03.2010 quarter profits – 71 Mn
    #KGAL - 31.03.2010 quarter profits - 237 Mn

    But, if #BFL announced below 70 Mn & #KGAL announced below 235 Mn Profits for 30.06.2010 quarter, then both share prices will little bit come down during July’2010. (At the year end 2010/11, it may be more than 2009/10).
  • [Updated] #SEYB Seylan Bank EP... reply from lblankfein, 21 Jul 10
  • I agree, but when it come to #SEYB future earnings, I believe there is a very good possibility of it going up, and it's revenue is already started to grow. So if you look at the possible future earnings I believe #SEYB is a good option.
  • [Updated] Under Valued Stocks reply from cse.see, 21 Jul 10
  • Mostly Under Valued Stocks
    #BFL
    #KGAL
    #BALA

    Under Valued Stocks
    #HAYC
    #KOTA
    #SEYB
    #CLND
    #RICH
    #LFIN
    #CIC
    #STAF
    #NAMU
    #TPL
    #KVAL

    Little-bit Under Valued Stocks
    #LION
    #TAFL
    #EAST
    #DIPD
    #HAYL
    #KCAB
  • [Updated] #SEYB Seylan Bank EP... reply from vasu, 21 Jul 10
  • you are correct greedy.
    #Seyb is not under valued share.
    now it is going 15 times(5.15 x 16 =80.20)
    Dont buy that.

    Sampath bank's Annualised EPS is 30
    But it is going around 345.00
    this is most undervalued share.
    it may go to seyb 's Price it will do around Rs 460.00
    therefore collect Samp at this lowest price.
  • [Updated] Flavour of the month... reply from shanidealwis, 21 Jul 10
  • Some one asked about good hotels to invest in, but looks like they are all highly over priced. Lot of people keep saying on this forum, and worth repeating, it is better to go in for under valued stocks. The key is to know what is going to be the flavour of the week/month. #SEYB has the potential to follow Sampath while telcos should be ringing soon.
  • [Updated] Why #KHL going down ... reply from chinwi, 21 Jul 10
  • I think some people are also selling to buy #TWOD and #SEYB

    #TWOD - Anticipated court order to show higher profits and fair assets

    #SEYB - Excellent quarter results released today , hope boom in share prices before #KHL.
  • [Updated] #SEYB - Massive Prof... reply from cse.see, 21 Jul 10
  • Correct greedy,
    They having 130,000,000 Voting + 123,560,000 Non voting shares.
    Top of my post, I mentioned this.
    Above my post, I considered only Voting shares.
    But, finaly, This financial year Profits seems to doble compair to last year.
    Hence, that I recomended #SEYB to buy this level.

    Published Profit 30.06.2010 = Rs.507,339,000
    Voting+NV shares = 253,560,000
    EPS = (507,339,000 X 2) / 253,560,000 = 4.00
  • [Updated] #SEYB - Massive Prof... reply from MarketWatch, 21 Jul 10
  • Generally, stocks either will stagnate or will not react to the strong results in the CSE. Later they will go up.

    Similarity when foreigners buy more shares market will go down. I will not surprise there will be some volatility in the market when company announce strong results except in special case.

    It is good to see #SEYB announces their results before other banks this time. If results are strong, we will have to rerate the market and some stocks. Companies are announcing their results earlier than we thought. This is very good trend.
    We should invest and trade companies announcing their results within one month from their account closing date. Current quarter ended on June 30th. Some companies already announced their results. We should go behind these types of companies in the future. I think more companies will announce their stocks splits and strong results before end of this month. This will be record for the CSE.

    We should thank the financial professionals and director board of these companies for their effort to release results as early as possible.

    We can expect better than above average results form some companies in the future
    Market P/E also will come down.

    Remember when companies have both voting and non voting we have to do detail study on valuation.
  • [Updated] #SEYB - Massive Prof... reply from chinwi, 21 Jul 10
  • For me now #SEYB is going to be better than #COMB and #HNB in profit making per share..

    #HNB EPS was 2.76 in last quarter.

    My assumptions for next year #SEYB, EPS 18 - 22.

    Possible market value 250 - 320.
  • [Updated] Which stock will be ... reply from chinwi, 18 Jul 10
  • #BFL is a highest risk & return type broiler chicken. No one would put it in the same basket with golden eggs like #KHL, #SEYB or #MBSL ! :-)
  • [Updated] Which stock will be ... reply from lblankfein, 18 Jul 10
  • In my opinion, when penny stocks excluded which could go 2-3 times in 24 months,

    1. #KHL
    2. #SEYB
    3. #MBSL

    may perform exceptionally well.
  • [Updated] seyb reply from lblankfein, 18 Jul 10
  • @fairshare,
    I agree that #SEYB and #MBSL may have a great potential in next year, both companies has good chance of increasing revenue,

    for Seylan the name is not good due to golden key incident but I think with the time passes people will forget it and more and more people start to deposit and get loans from them.

    for MBSL I think they will probably will turn around some troubled businesses they acquired. As they have a strong support form BOC I think they can turn them around and earn big profits.

    This is also my opinion and I am also not an expert.
  • [Updated] Which groups and sto... reply from lblankfein, 17 Jul 10
  • I think in hotels #KHL has a good chance of reallying with earnings of there impressive hotel chain
    #MBSL will benefit with the turnaround of the companies they bought
    #SEYB also will go up with the economic growth
  • [Updated] Why is market going ... reply from snowman, 14 Jul 10
  • I think the following shares have future potential in short to medium term.

    #LCEY
    #CLND
    #HDFC
    #RICH
    #CIC
    #SEYB

    Some of the above shares are trading less than there NAVs.

    This is my personal view. Please do your own research before investing.
  • [Updated] Bull stocks today! #... reply from MarketWatch, 14 Jun 10
  • This what I said to the following post mentioned by Ravi688

    NEXT BARRIER FOR #SEYB N & #SEYB X & #GRAN

    • So far SEYB(x) has performed exceptionally well when compare with other stocks under the new management

    When it was trading around Rs.8, it had attractive dividend rate. It stagnated for a long period. Finally it broke Rs.10/- barrier and now it is trading around Rs.46/-

    Some said we should not go behind ceylinco shares. We must not forget stocks such as TFC, CINS and SEMB did very well in the past. . In bull markets, any stock can go up like this.

    In a financial system like today any financial institution will have unexpected financial crisis, events depend on the market situation, asset allocation and investments. If we see investment history, we can get idea about this. Remember no company, group or sector is 100% risk free. What about if there is sudden gold and currency crisis. Companies and banks over exposure to wrong currencies and gold will become bankrupt.

    In short, this stock has a momentum now.

    It is very difficult to forecast their next barriers unless I follow these stocks for some period. However, it has a strong pattern now. However, we must think about the most important factors in stocks: Value, future earnings and strong fundamentals.

    I have not studied their balance sheet, future earrings yet.

    Good luck!
  • [Updated] Bull stocks today! #... reply from redhawk3000, 14 Jun 10
  • #SEYB and #SEYB.X would be a safe bet i guess! Them getting through the whole ceylinco fiasco and posting whatever profits they did proves that they have their bases covered and has alot more potential to offer in a better market as well!
    #MBSL would be an outside bet to succeed as all the aquisitions they have made look very bad although even if one or two of those turn around athey could actually do extremly well specially for a banking stock valued close to 30!
    MW, why would a non-voting share actually cost so much more than a normal share since normal investors normally dont need any voting rights but still get all the other perks such as dividedn or bonus issues or rights and such? I would understand somebody wanting to take over collecting normal share but for small investors wouldnt it be smarter invest in non-votings thus giving a better return?
  • [Updated] MBSL reply from kalawedda, 17 May 10
  • The fundamental difference between #MBSL and #SEYB is that #SEYB was too big to fail. (even the Fitch ratings reports acknowledge this) .The systematic risk to the banking sector was too great for the govt to allow that to happen. So there was intervention to revive the bank. However, #MBSL is not that important. This makes the comparison between these too stocks invalid. Comparison should be like with like. The value of #MBSL should be considered on its own merits.
  • [Updated] #SEYB Is Seylan ban... reply from Rapaport, 11 May 10
  • I have been stressing quite a bit on this share over the last week. Maybe you can find some of the posts i have posted.

    I personally feel #SEYB can achieve an EPS higher than their forecast of 9/- in 2011.

    You need to make a minor correction. 9.07/- * 15X = 136/- and not 175/-

    Cheers :)
  • [Updated] Bull stocks today in... reply from cse, 10 May 10
  • Also #SEYB non voting shares were heavily traded (worth over 124 millions Rupees). Still I am trying to find out the reason. Are there a big transaction (1 million ordinary shares) going to happen on 75 ? Can anybody help
  • [Updated] What Stocks will giv... reply from Rapaport, 9 May 10
  • Hi Guru,

    06 months is a pretty short duration if you are really looking for decent returns with low risk. Remember high returns comes with high risk. Maybe i can put forward a few selected stocks for discussion but one should do thorough research prior to investing.

    To focus from the banking sector the following look promising over the next few years, #COMB, #HNB, #SAMP, #SEYB, #NTB.
    These shares will generally do well since they will be directly and indirectly linked with the economic and development growth. If you take the next 2-3 years, these companies will show good steady growth and perhaps even increase by 50% by the end of this year.
    Closely watch #NTB since they have received over 1.0B after their warrants expired. This share has been lagging behind for several reasons and will take off sooner or later, based on its performance. (More on NTB from RR http://tinyurl.com/3azagl2)
    Need to follow the next few financials of SEYB and if they show the same improvement and growth as 1Q10, then this share can give tremendous returns.
    (More on Banking sector http://tinyurl.com/2wjqqep)

    Coming to the Hotel Sector there are many shares which can show rapid growth. One is KHL which is already geared to cater the growing demand for hotels and is in the process of building 03 new hotels and perhaps more in the future. There are good prospects with Cinnamon Lakeside, Stafford and Aitken Spence aswell.

    Coming to Manufacturing, #RCL is a good stock. Having open a bathware facility and running their tile factory at near 100% with a land bank to expand further. RCL is exempted form many taxes due to their BOI status for the next couple of years. ROE is over 20% and EPS 17/- with PER 8X. Expected to do well with more branches to open in North and East.

    Also watch JINS. It is steadily expanding into the North East and has shown a steady growth over the last 5 years. Refer their financials in the company website.

    If you do your research well and stick to fundamentals with a touch of technicals, you will be a winner. Be patient and have a practical time horizon. If you are a new comer prepare to take some losses. Learn from your mistakes, make your own rules and achieve your own goals. Remember not to be too greedy and never fear if you have done good research. Do not let emotions (Heart) make decisions. Always ask yourself (Brain) why you are buying and selling a particular share. Most importantly remember that you cannot always win in the game of Stocks!

    Cheers :)

    (There is a chance that the above info can be inaccurate. Please kindly point out gross mistakes. Thanks)
  • [Updated] #NTB reply from pissa6666, 8 May 10
  • @RR,

    you can also see my reply to Rapaport a couple of days back on banking sector stocks as a whole:

    Hi Rapaport,

    Good to see some wholistic thinking going into the banking sector stocks.

    Banking is the live wire between the 'haves' (funds) and 'have nots' and indispensable for any economy whether it is at war or not. That is the reason why even during war bank stocks were giving reasonable returns. Unaffordable interest rate escalation during the latter part of war created lot of economic woes and the obvious result was the escalation in loan defaults across the board.

    Now that that is history, banks are slowly getting back to the groove, and the non-performing loan portfolios are reducing by the day. The positive sentiment is setting in and the banks are slowly freeing their arms in extending loans.

    However, as banking stocks were the cynosure of all eyes, the stocks like #COMB, #HNB, #SAMP and #SEYB have rapidly appreciated. As you have rightly mentioned above, their PE multiples are high and can come down only with future earnings. So these stocks for me are a little overpriced and long term plays.

    But in the short to medium term, I expect #PABC and #NTB to outperform the market growth. The reasons are:

    1. Their PE multiples are pretty decent - #NTB - 9.5 & #PABC - 6

    2. These stocks have not appreciated much in the recent rallies due to the rights issues / conversion of NTB warrants into shares.
    For me, with the rights issue, PABC achives it's capital requirement as per Central Bank's prescription and achives the much needed funds for branch expansion and credit growth.
    As for NTB, every conversion of warrant brings in equity capital of Rs.30 and 2010 warrants have given an additional free capital of Rs.1.3Bn for credit expansion.

    3. As young banks, their growth rate will be much higher than COMB, SAMP & HNB. In 2009, PAT of PABC has grown by 73% and PAT of NTB has grown by 15%, irrespective of a Treasury loss (abnormal) of Rs. 500Mn. Whereas COMB grew by 1.75% in PAT.

    4. The group support of JKH for NTB and that of Dhammika Perera for PABC augurs well for the growth of these banks.

    So my bet is with these banks at the moment, which I hope will be reaffirmed by their 1Q results.

    For example if you look at 1Q results of SAMP, they have reported a PAT growth above 50% QoQ. If you have a close look, their PBT has grown by only 13% and PAT has grown by above 50%. Obviously, the extraordinary result is from tax savings, and not business growth. Their effective tax rate for 1Q 2009 was 48% and for 1Q2010 it is 27%. So some tax planning has taken place.
  • [Updated] Looks time to collec... reply from Guru, 6 May 10
  • Hi msninvest,

    Its a big mistake by me, Thanks for updating.

    In that case #seyb is not that attractive should monitor their future growth.
  • [Updated] Banking Sector in Br... reply from Guru, 6 May 10
  • Hi Rapaport,

    #SEYB EPS for 1st Q
    Company Rs 2.93
    Group Rs 3.09

    Now this gives some confidences. I think their case study may work.
  • [Updated] Banking Sector in Br... reply from pissa6666, 5 May 10
  • Hi Rapaport,

    Good to see some wholistic thinking going into the banking sector stocks.

    Banking is the live wire between the 'haves' (funds) and 'have nots' and indispensable for any economy whether it is at war or not. That is the reason why even during war bank stocks were giving reasonable returns. Unaffordable interest rate escalation during the latter part of war created lot of economic woes and the obvious result was the escalation in loan defaults across the board.

    Now that that is history, banks are slowly getting back to the groove, and the non-performing loan portfolios are reducing by the day. The positive sentiment is setting in and the banks are slowly freeing their arms in extending loans.

    However, as banking stocks were the cynosure of all eyes, the stocks like #COMB, #HNB, #SAMP and #SEYB have rapidly appreciated. As you have rightly mentioned above, their PE multiples are high and can come down only with future earnings. So these stocks for me are a little overpriced and long term plays.

    But in the short to medium term, I expect #PABC and #NTB to outperform the market growth. The reasons are:

    1. Their PE multiples are pretty decent - #NTB - 9.5 & #PABC - 6

    2. These stocks have not appreciated much in the recent rallies due to the rights issues / conversion of NTB warrants into shares.
    For me, with the rights issue, PABC achives it's capital requirement as per Central Bank's prescription and achives the much needed funds for branch expansion and credit growth.
    As for NTB, every conversion of warrant brings in equity capital of Rs.30 and 2010 warrants have given an additional free capital of Rs.1.3Bn for credit expansion.

    3. As young banks, their growth rate will be much higher than COMB, SAMP & HNB. In 2009, PAT of PABC has grown by 73% and PAT of NTB has grown by 15%, irrespective of a Treasury loss (abnormal) of Rs. 500Mn. Whereas COMB grew by 1.75% in PAT.

    4. The group support of JKH for NTB and that of Dhammika Perera for PABC augurs well for the growth of these banks.

    So my bet is with these banks at the moment, which I hope will be reaffirmed by their 1Q results.

    For example if you look at 1Q results of SAMP, they have reported a PAT growth above 50% QoQ. If you have a close look, their PBT has grown by only 13% and PAT has grown by above 50%. Obviously, the extraordinary result is from tax savings, and not business growth. Their effective tax rate for 1Q 2009 was 48% and for 1Q2010 it is 27%. So some tax planning has taken place.
  • [Updated] Time to rotate secto... reply from Rapaport, 4 May 10
  • I feel the banking sector still has alot of potential in the coming years. The only problem is that the share prices appear too expensive. If you take their PER, most fall within the range of 10X and 15X. The market PER is around 22-23X

    #COMB trades at roughly 14X
    #HNB 13X
    #SAMP 15X
    #SEYB 22X (But it is one company which is recovering fast)
    #NTB 9.5X

    It is highly unlikely that the banking sector will do badly in the coming years. There is also a possibility for tax reduction in the coming budget which is going to propel their profits even more, coupled with aggressive expansion into the North East. If you see the immediate results of HNB and SAMP, they have made good profits compared to last year, and possibility of continuing the trend in the future quarterly results.

    There is speculation that #HNB might go for a split sooner or later, one which will be more attractive than COMB.
    There is speculation that SAMP will go for a rights issue, since they suspended their rights issue during 2008 after their share price fell below 90/-
    The CASE STUDY annual report of SEYB forcasts an EPS of 8-9 by 2011E and if they reach this target or perhaps pass this target, SEYB is an attractive long term investment for the next 2-3 years. It is the 3rd largest private bank.

    One must read and research thoroughly into the banking sector prior to buying shares. There is alot in store in this sector.

    Cheers :)
  • [Updated] [Updated] Whats happ... reply from MarketWatch, 30 Oct 09
  • As Rehan said, it is better to put your money on solid stocks.

    If you are new, please learn not only about stocks but also about market players.

    There are different types of market players such as speculators, long-term investors and day traders etc. Then some are talking about market manipulation.

    Always invest in undervalued stocks

    Invest in hidden gems
    Invest in neglected sectors
    Invest in quality stocks
    Invest in simple business that you know very well.

    Remember future earnings are more important than past earnings. Do not rely on stock tips. Do not follow the crowd.

    Banking sector looks very attractive. Their P/E Ratio10, Market P/E 14. P/E Ratio of #PABC and #LFIN less than 5

    Now I will give you some stocks to watch during next 24 months.

    #BFL, #GRAN,# LFIN #PABC, #HAYC, #SEYB, # HNB #COMB # SAMP, #NTB, #
    Read their quarterly financial results. If their profits is going up you must find out why it is going up. Sometimes profits will come down in one or two quarter in some companies.

    But do not worry much about it. As long, as if you can see their future fundamentals are strong. If you see their future fundamental are going to become weak then sell.

    If you want to win in this game, you must buy, hold and sell
    Everybody will tell you to buy. They will never tell you to sell even if stocks become overpriced. Finally, average investors should think about margin of safety. .

    Currently there are overpriced stocks. We should sell them. Then there are quality stocks including hidden gems we should keep them for the next six years. Then there are massively undervalued stocks including neglected stocks. We should buy aggressively now.
  • [Updated] #CIC #HAYC reply from MarketWatch, 30 Oct 09
  • It is good that market players are reacting positively toward #HAYC.
    We have to keep eye on companies making profit and going to make profit in the future.

    JKH and CIC results are not that impressive. They are long-term plays. If investors see value, they should buy these stocks. So far, #SEYB, #LFIN and #HAYC results are good.

    Banking and Finance sector will do well.

    Investors should keep eye on neglected stocks now. Some stagnated stocks will go up once they announce results sooner than later.

    Remember future earnings are more important than past earnings.
    Rehan I think investors can select some of the best-undervalued stocks including neglected stocks from this forum now due to posting by new members as well as old members.

    If investors study carefully, they can select some good stocks time to time according to the market situation during next 12 months. We will have some great opportunities in some sectors in 2010.

    Do not invest in companies with poor performance and poor fundamentals whether Raj and his fund holding or not.

    Look for their latest additions to their portfolios. If these companies are making profit and going to make profit then we should buy straight away if we can see great value.

    They are buying these companies because they know future growth of these companies.
  • [Updated] #SEYB significantly ... reply from innam, 26 Oct 09
  • dnr keep in mind that the annualized 9.46 does not include the share dilution that took place after recent share issue. based on the new total shares in issue the annualized EPS will be around 4.50
    what the relatively good results show is that banks will make a killing in 3Q/4Q.....There are better safer banking plays that #SEYB. From a kotalawala owned company #SEYB turned into a state controlled bank....both those options aren't good for minority shareholders.
  • [Updated] #SEYB significantly ... reply from Analytics, 26 Oct 09
  • Why Seylan Bank ?
    www.srilankaequity.com

    Seylan Bank PLC (#SEYB) thanks to the overwhelming support it received from the state banks, successfully concluded the public offer and placement of 86,440,000 ordinary voting shares at LKR35.00 per share thus raising phenomenal amount of LKR 3,024.4mn. Issue was supported by the key state Institutions including Bank of Ceylon (BOC) and Sri Lanka Insurance Corporation (SLIC).

    The fresh issue has reduced Ceylinco Group’s ownership in #SEYB to 8% from its previous high of 24%. Further the issue has increased #SEYB capital base and Core CAR to 8.89% from the current 6.09% and also notch up its Total CAR to 11.89% from the present 9.1%.

    With the new Board of Directors taking control from Nov. 2008, legacy issues such as sponsor (Ceylinco Group) influence on the operations is no longer continues to be an obstacle for the bank. Further the bank’s operations have already rebound with increased emphasis on controlling NPL’s, increasing recoveries, growing the deposit base and strengthened risk profiling. #SEYB, the third largest listed private sector bank, with a 94 strong branch network and 117 real time ATM network is planning to expand its branch coverage to the Northern and Eastern provinces on the back of the increased capital base.

    Outlook for the banking sector remains buoyant with interest rates on the slide (lead ing to sharper loan book expansion), interest spreads intact (at around 5%) and industry NPL’s also peaking. Thus #SEYB is projected to benefit from these positive macro changes whilst we expect the bank’s net profit to grow by 61.8% YoY to LKR269.3 mn in 2009E and grow by a sharp two fold to LKR831.8 mn in 2010E.


    On a pure valuation basis the current share price is within the net asset value of the Bank. Further the bank is currently in a phase of consolidation and projected to recover strongly in 2010E.
  • [Updated] VERY #GOOD SHORT TER... reply from rk7860, 5 Oct 09
  • I personally feel the market has a lot to grow. I would also like to add Nawaloka (#NHL), should be trading over Rs 4 sometime soon. Also have to agree with Bandare, #SEMB X and #SEYB X has huge potential due to the over-subscription, however Bandara it was not a rights issue, it was a public issue.

    However #MBSL is coming out with a rights issue, this share has huge potential, should be over the Rs 40 mark once the announcement is made.