Tbc Bank Share Discussion Threads

[igoe104] 01/9/2017 08:20

Nice rise today, hopefully the market is starting to catch up with the value here.

[igoe104] 24/8/2017 09:50

TBC Bank Group Plc (LON:TBCG): Peel Hunt Keeps Buy Rating Today, Has a Target of GBX 2000.00/Share August 21, 2017 - By Kurt Siggers TBC Bank Group Plc (LON:TBCG) Rating Reaffirmed Peel Hunt now has a GBX 2000.00 PT on the 851.22M GBP market cap company or 27.23 % upside potential. In a report published on Monday morning, TBC Bank Group Plc (LON:TBCG) shares have had their Buy Rating reaffirmed by expert analysts at Peel Hunt.

[igoe104] 24/8/2017 08:19

Impressive results Georgia's largest retail bank TBC Bank Group (LSE: TBCG) today reported results for the second quarter of 2017. Underlying net profit increased by 37% year-on-year, as robust economic conditions spurred strong growth in its loan book. It's encouraging to see the continued improvement in its underlying operating performance after shares in the bank have gained over 40% over the past 12 months. These impressive results are proof of the soundness of its growth strategy and showcase the strong operating leverage of the bank. Return on equity moved higher by half a percentage point to 20.4%, as its loan portfolio grew by 30.8% on the previous year and 3.7% over the previous quarter to GEL7.39bn. Unfortunately, net interest margins (NIM) fell by 1.1 percentage points from the same period last year to 6.8%, reflecting competitive pressures in the banking sector which has driven loan yields lower. That said, conditions may be starting to stabilise, as NIM in the second quarter actually rose by 0.2 percentage points on a sequential quarterly basis, its first increase in just over a year. Looking ahead, City analysts reckon the bank's underlying earnings are set to rise 19% in the current year, followed by further growth of 11% next year. This means its shares trade at just 7.4 times its expected earnings this year, or only 6.4 times its expected earnings in 2018. And with forecasts of around 58.5p per share in dividends this year, TBC Bank seems to offer a potent mix of income and value, with the shares forecast to yield 3.7%. http://tinyurl.com/ycswq4fq

[igoe104] 24/8/2017 08:17

I've decided to buy in here, they look very cheap a p/e 7.4 for this year, 6.4 for next.

[jimbo123elf] 21/8/2017 10:54

Positive set of H1 results today. Georgian economy grew 4.5% in H1 and the outlook looks positive. Report states that reinvested profits will become tax free for financial institutions from 2019.

[jswjsw] 22/5/2017 17:30

Yes another leap towards a fair share-price by TBCG. It has a way to go! Gradually investors are waking up to the value at these levels. j

[jswjsw] 17/3/2017 15:10

!FOLLOWFEED Predicted NAV up close to £20. 30% Undervalued!!! ...a solid bank that no-one's noticed J