reports
- Kavinda Perera
Nations Trust Bank: 1Q CY20 - Valuation reflects current sector headwi...
We cut our TP for NTB to LKR 62.00/share (-25.7% to old; +5.4% upside; +9.0% TSR) and maintain HOLD. NTB’s 1Q CY20 results saw net profit of LKR 959mn and EPS of LKR 3.38 (+24.1% YoY; -18.1% QoQ). Loan growth was soft at 1.2% QoQ, while the NPL ratio only saw a modest increase. We believe this reflected the bank’s focus on improving collections. However, the weak economic conditions will likely dampen this further and lead to higher impairments which we factor into our model. Coupled with NI...
- Kavinda Perera
Sri Lanka banks: Muted profitability, but limited systemic pressure
In this report, we highlight the pressing current themes around the banking sector. Overall, majority of the Sri Lankan government’s key support measures for the economy are implemented through the banking system, and the banks are expected to absorb the economic shock partially. In return, banks have received several concessions to maintain the systemic stability. We expect sector profitability to be muted in CY 20e, with (1) weak credit growth, (2) contracting margins, (3) lower supplementa....
1 director bought
A director at Nations Trust Bank bought 64,000 shares at 82.500LKR and the significance rating of the trade was 53/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years cl...
- Pasindu Perera
- Pasindu Perera
Ford Equity International Rating and Forecast Report
Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
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