A director at Sanasa Development Bank Ltd sold 4,776,000 shares at 31.209LKR and the significance rating of the trade was 64/100. 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 tw...
SDB reported a sharp 44% YoY decline in full year earnings for CY16, stemming mainly from 1) a contraction in its NIM (-1.3ppt YoY to 5.83%) amid controlled loan book growth, resulting in a higher cost to income ratio (+10ppt YoY to 71%); and 2) a steep increase in impairment charges due to more stringent provisioning on its NPL portfolio. The hit to SDB’s NIM has been mainly due to the bank’s loan book mix, with legacy fixed rate loans (disbursed at ~16% interest vs. a current 17% floating ...
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...
Note Summary:SDB reported a steep 70% YoY decline in 3QCY16 profit, stemming from 1) a contraction in its NIM (-1.6ppt YoY to 5.65%) amid controlled loan book growth (+14% in 9MCY16 vs. +43% YoY in full year CY15); 2) a sharp increase in collective impairment charges due to more stringent provisioning on its NPL portfolio; and 3) a higher effective tax rate, due to impairment not being considered as an allowable expense in carrying out tax provisioning for the quarter. The hit to SDB’s NIM has...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.