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BGEO Bank Of Georgia Group Plc

4,885.00
15.00 (0.31%)
Last Updated: 10:51:07
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bank Of Georgia Group Plc LSE:BGEO London Ordinary Share GB00BF4HYT85 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  15.00 0.31% 4,885.00 7,543 10:51:07
Bid Price Offer Price High Price Low Price Open Price
4,885.00 4,895.00 4,920.00 4,795.00 4,795.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
10:52:39 O 1 4,895.00 GBX

Bank Of Georgia (BGEO) Latest News

Bank Of Georgia (BGEO) Discussions and Chat

Bank Of Georgia Forums and Chat

Date Time Title Posts
15/11/202410:02Bank of Georgia433
03/3/201421:51BULLFLAGS & BOTTOMS633
24/10/201220:04KIPPA,KOPPA,UPPA FLAPPA28

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Bank Of Georgia (BGEO) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
10:52:394,895.00148.95O
10:50:014,895.00148.95O
10:49:294,885.0015732.75AT
10:49:294,885.0011537.35AT
10:49:294,885.00241,172.40AT

Bank Of Georgia (BGEO) Top Chat Posts

Top Posts
Posted at 15/11/2024 10:02 by flyfisher
Leeds
Georgia capital, ticker CGEO, holds 20% of BGEO and some other georgia assets.
Posted at 12/11/2024 11:25 by craigso
Worth keeping in mind that the current share price of Georgia Capital is roughly equivalent to its stake in the bank.

But you also get a bunch of assets in Georgia "for free"...

If you can handle the risk, though, a bank growing fast on a PE of 3.5x surely deserves a punt.
Posted at 05/11/2024 09:49 by apple53
Thanks Fly.
I have been trading this one. Doubled up at what proved to be the lows and then gradually sold out entirely. I suppose there are still political risks - I don't know how affected BGEO would be by Georgia being shunned by the EU, nor do I know if BGEO is associated with the GD party, or perceived as pro-EU or as non-aligned.
At least we did not, indeed, get the majority required to ban the opposition.
Further protests could lead to instability.
GD may take the normal pseudo-communist corporatist approach of forcing BGEO into supporting pet projects. Or maybe it will be careful not to kill the golden goose.
The currency has held up, and maybe there will be no major negative impact.

Clearly this remains stunningly cheap, and despite the recovery we are only back to where we were when we had significant election-risk.
Posted at 05/11/2024 08:50 by flyfisher
Monthly figures out last week on the NBG website indicate BGEO georgia profit for Q3 is about 9% ahead of Q2.
Posted at 10/9/2024 03:00 by popit
You seem to have a problem with basic facts

Fitch expects GD to easily win the Georgia election next month and to move the country further into the Russian geopolitical orbit and away from EU integration

Georgia could even face sanctions

And you think that this is not relevant to the BGEO and TBC share price? lol

The Georgia stock market and BGEO and TBC and the GEL currency are very likely to fall a long way after GD win the election next month
Posted at 02/9/2024 13:08 by flyfisher
Loan book growth in H1 was against the backdrop of both BGEO and TBCG expecting 6% real gdp growth.
Both of them have upped their outlook to 7% real gdp growth. And july numbers from both companies have come in ahead of the first half run rate.

Some of this comes from the country becoming an alternative trade corridor.

Forbes had an article on the middle corridor a while ago.
''Georgia's strategic location on the eastern edge of the Black Sea has made it crucial for the Middle Corridor, a trade route between China and Europe bypassing Russia that has grown in importance since Moscow's invasion of Ukraine. In recent years the government has pushed connectivity to the top of Georgia's foreign policy agenda, but the country lacks high-quality infrastructure, with lines of trucks at its borders and ports at Batumi and Poti operating near capacity as trade along the route has steadily increased since 2022. This has led to the World Bank warning that without a deep-sea port in Georgia neither the country nor the Middle Corridor will be competitive as a global trade route''.

The country has recently had rail upgrades increase rail capacity by 50%, a deep sea port development at Anaklia has been agreed with a Chinese developer and a developer is building a new business centre complex in batumi ' Batumi Centropolis'.

If and when the russia/ukraine situation is resolved, i wonder what proportion of trade will resort to using the russian trade corridor, or will the georgia middle corridor prosper?
Posted at 19/5/2024 19:35 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 15/3/2024 14:37 by kalai1
Bank of Georgia Group plc posted impressive FY23 prelims this morning continuing the bank’s trajectory of robust and very profitable growth. BGEO had 1.8 million monthly active retail clients as of 31 December 2023 up 10.8% y-o-y, operating income was GEL 657.2m in 4Q23 up 12.4% y-o-y, while in FY23 as a whole, operating income was up 26.4% yoy to GEL 2,530.4m. For FY23, profit was GEL 1,374.7m, up 21.4% y-o-y, while the Bank's Basel III CET1, Tier1, and Total capital ratios stood at 18.2%, 20.0%, and 22.1%, respectively, all comfortably above the minimum requirements of 14.5%, 16.7%, 19.6%, respectively. So more robust top and bottom line growth with a very solid balance sheet in tow. Valuation also remains reasonably attractive for the sector with forward PE ratio at 5.1x top quartile for the Banking Services sector. The share price also has strong positive momentum. BUY...

...from WealthOracle
Posted at 17/11/2023 21:03 by popit
The currency must also be a huge risk here

The GEL has risen by about 20% against the USD over the last two years and most emerging market currencies have fallen against the USD during this time

This is mainly because of the Ukraine war and the fact that the Georgian economy has benefited greatly from the Ukraine war

When the Ukraine war ends or even if it looks like ending the GEL and the BGEO share price may fall a long way

If the GEL falls by about 30% then the eps in GBP and the BGEO share price in GBP will also fall by about 30%
Posted at 08/3/2023 14:57 by arja
why the big drop in BGEO share price today as no news out ? anyone have an idea please ?
Bank Of Georgia share price data is direct from the London Stock Exchange

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