Tbc Bank Share Discussion Threads

[xamf] 17/4/2024 16:20

I've been waiting patiently for the past week hoping that we may reach 2910. I'm suprised by the recent weakness. Surely this is a screaming buy around this level. I've been buying tranches all afternoon. Hope I'm right! Q1 update on 9th May.


free stock charts from uk.advfn.com

[flyfisher] 02/4/2024 09:47

TBCG needs to get a bond issue away shortly.

Todays credit rating upgrade from moodys will help.

[flyfisher] 04/3/2024 09:12

UK Banks have been firm in general and the ameriabank acquisition by BGEO seems to have highlighted regional value, which has showed in both BGEO and TBCG.

A comment in the cavendish note on BGEO also highlighted firm growth in the region.

[jm65] 01/3/2024 11:42

Any ideas on today's rise?

[flyfisher] 10/8/2023 08:13

Excellent q2 results, should lead to some broker upgrades.

Edit, Followed by a positive conference call.

Following which i exited and moved into BGEO..

[flyfisher] 23/5/2023 21:56

Payme has a ROE exceeding 30%, pre tax profit margin of 70% and strong growth is expected. It will be earnings enhancing for TBCG.
An excellent use of surplus cash.

Uzbekistan bank minority next?

[flyfisher] 22/5/2023 11:23

Current year broker earnings forecasts have been upgraded after Q1 to 18.9 Gel eps, which at todays fx rate of 3.16 = 598p.

A modest forward p/e of 4.2 with 14% growth forecast for the following year.

[kalai1] 11/5/2023 12:38

TBC Bank Group posted Q1 2023 results this morning, confirming ongoing robust profitability with Q1 2023 net profit reaching GEL 255 million, up by 14% YoY, with ROE up to 25.2%. Operating profit amounted to GEL 532 million, up by 29% YoY, driven by strong income generation across the board. The impressive performance was supported by a widening net interest margin (NIM) which stood at 6.4% in Q1, up by 0.8 pp YoY. The bank remains solid, as of 31 March 2022, the CET1, Tier 1, and Total Capital ratios per the new IFRS methodology stood at 17.7%, 20.1% and 22.2%, respectively, and remained comfortably above minimum regulatory requirements. Valuation remains attractive with forward PE ratio at 4.0x and dividend yield over 8%. The main potential risk looks ot be at a macro level and from potential currency fluctuations, but the Georgian economy and public finances look pretty solid too. The share has growth, profitability, solid b/s, attraactive valuation and strong positive momentum. BUY...

...WealthOracle

[peet1122] 11/5/2023 11:10

I don't know about a more active board. Maybe Twitter?

Results look ok, only question I have is about the 4% loss QoQ in customer deposits. Company already pays more on deposits than BGEO if I remember correctly.

Any idea what happened there?

[eggbaconandbubble] 11/5/2023 09:27

Good morning peeps! Is anyone out there?
I'm rather suprised this bb is not more active. Has anyone got any thoughts on today's
1Q (as they put it) results???

Is there a more active bb somewhere else?

[flyfisher] 23/2/2023 10:03

IMO, the underlying results were good, but blighted by a one off tax charge and a confusing IAS 32 redemption liability, which took a considerable time to explain in the conference call.

Not helped by the results coming out on a day when the EU are investigating a surge in exports to economies in Russia’s vicinity as they seek to prevent companies from sanctions breaches.

[elliotset] 22/2/2023 13:10

Bad news really

[flyfisher] 16/2/2023 08:58

The superb results at regional competitor BGEO seem to have gone unnoticed here.
I would expect similar results at TBCG next week.

[arja] 13/2/2023 09:35

why is this stock doing so well with a nice uptrending chart as big dip in profits in year to 31st December ? Maybe good results to come soon ? NO stamp duty payable I notice and might be a good trade at times i guess !

[flyfisher] 25/11/2022 16:08

Q3 Conference call.

[flyfisher] 22/11/2022 20:06

They have a big quantity to sell, that would take weeks in the normal market and probably depress the price significantly. So their broker phones around existing holders and any potential new parties to place the block in one fell swoop off market via an accelerated book building, generally at a discount to current market price.

[eggbaconandbubble] 22/11/2022 17:32

'an accelerated bookbuild placement' What's that???

[flyfisher] 22/11/2022 16:23

European Bank for Reconstruction & Development sold 850,000 shares in the Georgian lender in an accelerated bookbuild this morning.



Given that the deal was £17m, they did pretty good to get it away at what looks like a modest discount.

[eggbaconandbubble] 22/11/2022 14:48

Why the drop in share price today?

[flyfisher] 20/10/2022 13:32

A big trade went through 432725 at 1780p.

I wonder if that had been creating an overhang.

[daijavu] 20/10/2022 12:58

On the other hand, it could now be a cup and handle, indicating a possible upward surge. I'm not really a techie, so I'm just guessing.

[daijavu] 10/10/2022 09:26

A head and shoulders so possibly another sharp drop ahead