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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Bank Of Georgia Group Plc | BGEO | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 170.00 | 3.84% | 4,600.00 | 16:29:58 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 4,450.00 | 4,450.00 | 4,620.00 | 4,600.00 | 4,430.00 |
| Industry Sector |
|---|
| BANKS |
| Top Posts |
|---|
Posted at 03/7/2024 12:17 by houseofpain1 So my post of 24 April suggesting that there was plenty more upside here has not aged well...for now at least...!No view on the politics but the latest monthly data from the National Bank of Georgia very encouraging. Net income in April was in-line with each of the previous 3 months and then was up c20% in May in spite of all the civil unrest. Annualised ROE for 2024 continues to be very high at 33.63% and actually ticked up a bit in May. So the fundamentals of the business still look rock solid whilst the valuation remains extreme - somewhere around 4x 2024 EPS, 6%+ divi and trading below BV - given the high returns being generated and the growth profile. So, at the risk of giving the stock another kiss of death, plenty more upside here! Next catalyst: Q2/H1 numbers due mid-August. |
Posted at 19/5/2024 20:35 by podgyted That's because the Georgian banks are far more profitable and have better growth prospects.LLOY ROCE 0.9% Operating Margin 10.9% HSBA ROCE 1.0% Operating Margin 36.7% BGEO ROCE 5.2% Operating Margin 58.6% Risk here has elevated due to the "Russian Law" issue, but the share price has fallen quite a lot already. We'll see. |
Posted at 18/5/2024 02:30 by popit The Georgian currency is a very big risk here and if the GEL was to return to the same average exchange rate against the USD and GBP as in 2021 then these shares would fall by about 30%In May 2021 the USD bought 3.45 GEL but it only buys about 2.75 now And in May 2021 the GBP bought about 4.80 GEL but it only buys about 3.50 now There does not seem to be any good reason for this huge rise in the GEL against the USD and GBP in the last 3 years and so it is likely that the GEL will return to a more normal level against these currencies This would mean a fall of about 30% in the shares The dividend would also fall by about 30% |
Posted at 10/5/2024 12:10 by flyfisher Solid Q1 figures from TBCG today, should read across to BGEO. |
Posted at 03/5/2024 10:47 by chriswatts Me too. I've sold GCEO, my wife has sold her holding in BGEO. There's a real risk this could give up all gains on the current political uncertainty. |
Posted at 24/2/2024 19:33 by popit Halyk Bank is listed on the LSEForecast PE is less than 3 Dividend yield is about 15% Price to Book is about 0.8 Secure Trust Bank Forecast PE is less than 3 Dividend yield is about 7% Price to Book is about 0.4 |
Posted at 19/2/2024 07:46 by flyfisher I had looked at the accounts of Ameriabank over the weekend and was expecting that BGEO would have to pay around nav.Accordingly the deal looks very good to me, it should lead to brokers upgrading BGEO eps forecasts to around £10 p/s. P/e of 4 for the combined entity, a good use of excess capital. |
Posted at 15/2/2024 14:28 by houseofpain1 Although no details on price etc have been given, this potential Ameriabank deal looks positive. Should be earnings enhancing for BGEO given that Ameriabank's earnings are well in excess of the interest being earned on the surplus capital presumably being used to finance the deal. So should lead to higher earnings and therefore capital returns for BGEO which is still trading on rock bottom multiples. |
Posted at 04/1/2024 17:56 by pj84 Even though the rating has continued to remain low, it has been one of my best investments over the past few years with about 75% of my original investment received in dividends as well as the share price being 4 times higher and I have no intention of selling any time soon.I don't disagree with any of the dividend yields qouted in the shares magazine article but I don't think they are the highest and I can think of many insurance companies that should also feature including Pheonix on a dividend yield of about 10%! |
Posted at 15/11/2023 18:04 by popit The RNS saidAt the same time, the existing corporate tax rate for banks will be increased from 15% to 20% for 2023 taxable earnings, and dividends issued from 2023 profits and subsequent periods will no longer be taxed (existing dividend tax rate is 5%). So there used to be a 5% Withholding Tax on the dividend? And now there is no Withholding Tax on the dividend? And what about the answers to the other questions? Is there not a very high risk that the BGEO share price will collapse when all the Russians return home? |
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