Bank Of Georgia Share Discussion Threads

[epistrophy] 13/7/2023 09:40

My broker seems to be withholding 5% of the dividend. Bit surprised as BGEO is a UK registered company (and you pay stamp duty when you trade!)

[daijavu] 11/7/2023 08:49

You have to compare the similarity of the overall chart patterns and ignore the daily changes.

[eggbaconandbubble] 06/7/2023 16:51

Except today!!!!

[daijavu] 05/7/2023 08:18

Look at their charts. Their sps both generally move in unison. What happens to one tends to happen to the other.

[eggbaconandbubble] 04/7/2023 16:37

TBC Bank tanked as well!

[houseofpain1] 04/7/2023 16:34

Anyone have any insight into why so weak today?

[bisiboy] 30/6/2023 23:04

It’s very simple it’s worth more with rather than without the dividend

[daijavu] 30/6/2023 09:21

Shares of most companies usually drop on XD day. Presumably because some people sell once they've secured their divs.

[eggbaconandbubble] 28/6/2023 16:35

xd tomorrow

[eggbaconandbubble] 09/6/2023 16:52

What caused the share price to drop today? Anyone???

[eggbaconandbubble] 09/6/2023 08:14

Bit of an odd trade of 3 shares at 29.80. I got a quote to sell at 30.26.

[flyfisher] 02/6/2023 11:42

Broker forecasts for 2023 have been raised again to around 750p eps.

[flyfisher] 18/5/2023 20:08

I would expect them to complete the current buy in, redeem their 2023 bond and then consider further use of surplus capital.

The conference call did not allude to any expansionary plans, so perhaps a further buy in may be favoured.

[eggbaconandbubble] 17/5/2023 14:42

Up 145p this morning now down 250p!!! Oddly I thoght of selling this am but they came rattling off before I got sorted. Heyho.

[charlotte2020] 17/5/2023 14:29

Why have these sold off?

[eggbaconandbubble] 17/5/2023 09:13

Posted twice!

[eggbaconandbubble] 17/5/2023 09:13

Are you suggesting the possibility of a special divi?

[flyfisher] 17/5/2023 08:28

An excellent first quarter.

With a cet1 of 19% plus legal gain cash at the parent they clearly have capital to invest. Other than redeeming the 2023 bonds and the perpetual, i wonder if they have any other plans.

[peet1122] 02/5/2023 10:46

Where can I find consensus broker forecasts? Preferable for free

[flyfisher] 02/5/2023 09:24

Consensus broker forecasts have been raised to 728p eps for the current year, with 9% growth forecast for following year.

I guess this reflects strong economic growth and declining inflation in the region.

[epistrophy] 28/4/2023 13:15

Thanks, I missed that.

If the BGEO buybacks continue, CGEO's ownership % will rise, all else being equal. The sales seem to be offsetting that, for now.

[peet1122] 28/4/2023 12:40

CGEO seemed to have sold at least 500k shares this year. (

If CGEO is as undervalued as the management thinks and communicated to the market, it makes sense to raise cash to buyback shares, even if you have to sell BGEO shares on the cheap.
CGEO used half their buyback allocation already in two weeks, guess if they want to keep the pace (+reduce leverage) they need cash.

[epistrophy] 28/4/2023 12:25

What makes you think that CGEO are selling?