Bank Of Georgia Share Discussion Threads

[flyfisher] 02/12/2022 19:56

Competitor TBCG has similar metrics with a slightly higher yield.

[disc0dave45] 02/12/2022 15:36

Looking for a bank and keep coming backto this one as a PE of 4x can't be ignored....just keep thinking it will pull back but it doesn't!.

[flyfisher] 01/12/2022 01:10

Consensus broker forecasts have been upgraded after Q3 to 647p eps for the current year.

[flyfisher] 25/11/2022 15:24

Extract from a CGEO note by Edison.

''A good financial performance from BoG and a favourable outlook for the banking
sector was reflected in the 52% increase in BoG’s share price in Q322, with a further 20% rise post quarter-end to 25 November 2022. The current share price of 2,570p compares with the current range of analyst target prices of 1,720p to 4,437p, with an average target price of c 3,000p.''

[rolo7] 11/11/2022 08:14

any link to the presentation? nothing on bgeo website.

[nfs] 10/11/2022 15:58

I watched the presentation too. Also there was comment about new businesses starting up as a result of the inward migration representing some belief in permanence from those business owners.Happy holder

[flyfisher] 10/11/2022 15:19

A couple of points from the presentation.

The CEO commented that georgia was becoming an increasingly important regional trade corridor and will remain so.
Also that surplus capital may be used for further buy backs, dividends and even a special dividend if they see fit.

[flyfisher] 10/11/2022 12:36

Current broker forecasts for the full year look to be behind events at 634p.

Perhaps we can expect some upgrades.

[flyfisher] 10/11/2022 12:03

Excellent results. As a country they seem to be picking up russia bypass trade.

“Georgia has benefited from a distortion in the markets,” it’s a transportation, trade and logistics hub in the Caucasus – part of the old Silk Road. As the northern route through Russia has closed, and there are ongoing issues in the Black Sea, trade is now taking the Georgia route.” “Our ports, railways and highways are operating at full capacity,”

[rolo7] 10/11/2022 08:12

still got £8million of share buyback to do ish

[drdre] 10/11/2022 08:04

Brilliant results, Georgian economy growing well and outlook statement was as good as you could expect considering global / macro.

[rolo7] 07/11/2022 21:22

You must of held bgeo for a while as at 3 year high, GC looks cheap on book value

[topvest] 07/11/2022 14:11

Well I've exited a small holding in this and Georgia Capital after a good run. Its still cheap, but I shouldn't have invested in the first place. Pleased to exit around break-even if you add in all the dividends.

[flyfisher] 04/11/2022 07:52

Stellar Q3 results over at TBCG, should be largely mirrored by BGEO next week.

[flyfisher] 03/11/2022 09:38

The drivers of growth in q2 are still playing out, so i would expect q3 to be quite positive.

Perhaps a share split will be done at some point.

[rolo7] 03/11/2022 08:18

Might fly even more tomorrow then. Breakout now quarterly dividends would be nice here!?

[flyfisher] 01/11/2022 21:52

TBCG Q3 results are due on friday, should give a pretty reliable read across to bgeo q3, which are due next week.

[rolo7] 01/11/2022 21:35

3 year high also! Loads of russias going to Georgia will help boost economy?!

[rolo7] 01/11/2022 18:24

Yep I doubled my stake probably go down now

[disc0dave45] 01/11/2022 17:54

New 52 week high

[rolo7] 17/10/2022 15:31

Big seller looks to be cleared.

[disc0dave45] 11/10/2022 22:15

US banks reporting earnings this week, may move the sector globally.It's now kissing the SMA50 so will see if it provides some support.

[daijavu] 10/10/2022 09:29

I'm not sure where this is heading at the moment.

[flyfisher] 06/10/2022 08:12

Trading xd today, approx 58.4p.

[rolo7] 22/9/2022 18:54

Looks like it, mass loads of Russians queuing to get into Georgia to avoid Ukraine war