Bank Of Georgia Share Discussion Threads

[ceaserxzy] 25/11/2019 20:25

how much does directors take from the company every year? The trust keeps buying back shares to meet rewards to directors and if this goes every year at this rate it can take up a large chunk of the company.

[loganair] 08/11/2019 09:16

I've only ever heard good things about this company. Mind you I've only started looking at Bank of Georgia a year ago. 1/4 of my portfolio is invested in Russian companies including Sberbank, so why not Georgia as well. I am also heavily invested in Brazilian companies which has just come out of its worse recession for 100 years.

[linton5] 08/11/2019 09:04

Cheers bud I don’t mind keeping the lost gems to myself 🐒 a lot of good companies out there but people are blinded at times and are like sheep on certain companies and dodgy broker comments

[loganair] 08/11/2019 08:42

LIN5 - Just to let you know, you are not alone on this board.

[linton5] 08/11/2019 08:25

Nothing goes up in a straight line but you would be crazy to sell these 2year hold at least nice divi to boot

[linton5] 07/11/2019 11:43

The good lady has demolished the daily resistance now onto the weekly at 1498 that will be tougher I’d say but only another £5 to fair price after today

[linton5] 07/11/2019 10:22

Heading back to true value here about time from a soggy dog walker

[linton5] 07/11/2019 08:16

1388 is resistance this stock should be much higher right George I’m away oot in the rain wi the dogs in ma Bonny FIFE

[linton5] 07/11/2019 07:30

Fantastic update doesn’t get much better if this was lloy or barc it would go stratospheric,keen to top up here very very undervaluedtheyve kept her down long enough

[linton5] 25/10/2019 13:32

Come on down baby I'm waiting on a storming price here

[linton5] 25/9/2019 15:13

Keeping my eye on this good updates regularly and still keeps getting punished time to buy some also nice divi

[loganair] 15/9/2019 11:17

Written on 15th August 2019: Can this FTSE 250 growth stock beat the Lloyds bank share price? While I’m still in the buying phase of my investments, another bank that’s been creeping up my watch list is Bank of Georgia (LSE: BGEO). One of the biggest lenders in Georgia, a country on the edge of the ex-Soviet Union, the bank has just released some impressive first-half figures with bottom-line profit coming in 36.9% ahead of the first half of 2018. Over the past 12 months, the bank has seen customer lending growing by 30.5%. Chief executive Archil Gachechiladze told us that “Georgia’;s economic performance remained strong in 2Q19 with an estimated 4.9% growth, rising reserves and improved external balance,” and that seems like a distant dream for those of us in Brexit-torn Britain. Dividends: Forecast dividends stand at around 6%, more than three times covered by earnings. Despite that, income-seekers are not flocking to buy the shares, which languish on a forward P/E of only 5.3. I think there are several reasons for that. One is that Georgia’s economy is closely tied to that of Russia, and Russia isn’t exactly on glowing terms with some of its neighbouring states. So there have to be concerns about political stability in the region. Markets have a big downer on banks in general too, and I can’t help feeling that institutional investors see banks in these states as being higher risk. But I think that’s a mistake, and I reckon Bank of Georgia could have a far more profitable decade ahead of it than the UK’s big banks.

[loganair] 15/9/2019 10:39

Banking beauty: You’d be much better off using your hard-earned cash to invest in the stock market, I believe. And certainly for those looking to build a big nest egg to retire on. Equity market investors can expect returns of around 10% over the long term. And there’s a galaxy of shares in great shape to thrive in the decades ahead and bring their shareholders along for the ride. Take Bank of Georgia (LSE: BGEO), for example. The emerging markets of Eastern Europe and Asia are proving to be happy hunting grounds for many UK-listed stocks. As one of the biggest banking operators in the Eurasia region, this particular one can be confident of producing strong and sustained profits growth as population levels rise and GDP growth clicks through the gears. The firm’s robust earnings potential was illustrated in the first half of 2019 when pre-tax profit ballooned 36.9%, a period when strong trading at its retail bank helped the loan book swell 30.5% year-on-year. Even as issues like rising competition and tighter regulation bite, it’s clear Bank of Georgia is capable of delivering some truly stunning profits growth. Yet despite this, the FTSE 250 firm currently boasts a dirt-cheap forward P/E ratio of 5.4 times, suggesting (to me at least) it’s being shockingly undervalued by the market. Combine this with an inflation-bashing dividend yield of 6% and I reckon Bank of Georgia is a top buy for contrarian investors.

[jimbo123elf] 30/6/2019 08:07

Sinking because Georgia has been having anti-Russia protests for the last 10 days

[shwetal] 24/6/2019 10:37

BGEO is sinking, any specific reason !!I looked at the News collection, but couldn't see anything obvious. Have I missed anything !!!Only genuine and sincere thoughts please.

[pj84] 30/5/2018 18:19

Now received them

[pj84] 30/5/2018 13:52

Has anybody been credited with Georgia Capital shares following the demerger?

[bizochio] 19/4/2018 21:30

How serious is the news that they are getting sued? On the surface if someone is getting sued for $994million when they have an annual profit of just under $50 million it sounds quite serious. However the markets appear to have taken it in is stride and not reacted too negatively. This would suggest that people aren't too concerned about this story? hxxps://www.morningstar.co.uk/uk/news/AN_1523551993985685300/bgeo-sued-by-rustavi-azot-owner-roman-pipia-for-usd994-million.aspx Annual post on thread now on - will come back next year for a reply.....

[luckymouse] 20/2/2017 16:12

worrying results

[bizochio] 22/11/2016 20:46

pretty impressively ambitious goals they have set themselves with a very positive statement released today leading to the 12% rise. Hope they can deliver on this. Not worked out what this means in real terms for them yet but very positive rhetoric. This has been a nice steady share for me and sounds positive looking forwards.

[its the oxman] 19/5/2015 09:30

Looks like people think tomorrow's update will be a bit disappointing. Best wait and see.