Bank Of Cyprus Holdings ... Share Discussion Threads

[catsick] 12/9/2024 07:01

Should be a much better place for them, lse valuation of banking shares is pants, even spanish and Italian banks trade at much much higher valuations

[thamestrader] 10/9/2024 16:01

De-listing from LSE and moving to Athens stock exchange next week!

[catsick] 08/8/2024 07:06

Nice q2 results, looking to increase payout ratio to 50% as they now have way more capital than required, thats a payout of around 60c so close to 18% yld

[catsick] 20/3/2024 07:14

Div of 25c so 7% yield now , buying back around 2% of outstanding shares and both of those are only a 30% payout which is going to increase going forward to 30-50%, very nice indeed.....

[catsick] 09/8/2023 07:59

Making 50c per share net profit in the first half, thats what the share price itself was a couple of years ago, the Irish and Cypriot banks have gone from being the worst in Europe to the best by far ....

[catsick] 12/6/2023 09:36

They are very bullish, new presentation says they expect to pay out 20-35% of current market cap in dividends between now and 2025 , as well as creating an additional 30-45% of market cap in extra capital, macro position in Cyprus is also excellent with growth running 3% higher than the rest of the eu , overall excellent

[catsick] 12/6/2023 08:21

Nice 100k gbp director purchase on market , shows its too cheap

[catsick] 09/6/2023 03:35

Return on equity going higher, bad debts now insignificant, awash with cheap deposits, excellent growth prospects and low cost base, should be heading higher

[catsick] 16/5/2023 06:59

30-50% payouts on current excellent results would be 24-40 cents a year huge yield, these really should be trading above book value with fantastic returns on equity and very low risk with half the balance sheet on deposit at the ecb rather than buying risky bonds like the us banks that are now all in trouble

[panagos] 01/3/2023 15:04

yes, got this one wrong i admit, was way to cheap in book value basis.

[waywardlad] 27/2/2023 21:36

What’s happening Panagos? BOC seems to be flying 😎

[catsick] 20/2/2023 07:28

Fantastic results, if they can produce a return on equity of 19% in the quarter and project 13% next year then they should be trading at a premium to book value or around double where they are now, also 20c plus dividends for 2023 not out of the question

[catsick] 25/11/2022 03:21

Is another higher bid on the way soon ?

[panagos] 04/10/2022 13:54

cool, hope you had a good time...next time you are here let me know

[waywardlad] 04/10/2022 13:50

Been in CY for a while just chillin

[panagos] 04/10/2022 13:11

nothing much wwl, sailing through time... you?

[waywardlad] 04/10/2022 11:50

What’s new Panagos??!!

[tonysss13] 21/9/2022 14:34

on the move, increased bid on it's way?

[pdosullivan] 20/8/2022 17:26

BOCH has shareholders' equity / NAV of €1.8bn and the Lone Star offer is pitched at €0.7bn.

[tonysss13] 19/8/2022 19:17

no not been following TBCG looks like it's had quite a run

[typo56] 19/8/2022 16:39

Thanks Tony. Interesting comments on the banks in general. Have you noticed TBCG?

[tonysss13] 19/8/2022 15:34

yes odd reaction Typo am a little surprised

bloomberg seems to suggest they are workiing on another offer

[typo56] 19/8/2022 15:26

The market is sleepy and/or doesn't seem to think bid will go through? Possibly flush out another bidder?

If you buy real shares you may get hit with 1% stamp duty.