Tbc Bank Share Discussion Threads

[jjstim] 14/11/2019 10:34

Standard results day, 18% growth YOY and the share price drops. Lets see what's said at 2pm on the conference call and if there's a comeback on the share price a little

[asagi] 14/11/2019 08:36

Q3 results here: not taken particularly well:



Asagi (long TBCG)

[asagi] 13/11/2019 10:09

same here, jjstim. I have similar price expectations and added to my position recently in the expectation of a rise to, say, 1,500p "in the next few weeks" likewise.

Asagi (long TBCG)

[jjstim] 13/11/2019 09:37

Great start to the day. Interactive investor on their featured stocks has given this a Target price of 1747-1858 with Bullish Momentum over the next 6-weeks to 9-months!!

Results tomorrow, I can see these popping up a quid or 2 in the next few weeks

[asagi] 15/10/2019 14:49

"TBC Bank Group PLC (“TBC PLC”) announces that its consolidated financial results for the third quarter will be published on Thursday, 14 November 2019.

The management team will host a conference call on the day to discuss the results. Full details of the event will be published in due course.

The results report and investor presentation will be made available at 7 am GMT (11 am GET) on Thursday, 14 November 2019 on our website at www.tbcbankgroup.com."



Asagi (long TBCG)

[dodger777] 10/10/2019 10:27

It�s annoying how it�s been pummelled lately. I noticed the ex chairman was selling a few recently, wonder if he�s still at it.

[asagi] 10/10/2019 10:20

I expect Q3s in the middle of November, as per last year's timetable.

Asagi (long TBCG)

[red5] 10/8/2019 12:55

so are we expecting good results or not from this one?

[asagi] 30/7/2019 10:54

was that the first buyback today just after 10:00 to take us from 1,380p to 1,410p in short order?

Asagi (long TBCG)

[dodger777] 29/7/2019 11:00

Positive rns’s today and start of buy backs should help things along from these low levels 👍🏻

[asagi] 25/7/2019 11:36

just added via Spreadex. IG taking closing trades only.

Asagi (long TBCG)

[dodger777] 25/7/2019 07:42

Anyone still in here ?
Bought on the big drop yesterday, looks an attractive buy at this level and today’s rns hopefully will have a positive effect in regaining some of yesterday’s drop.

[asagi] 21/6/2019 16:32

nearing a 6 month high. Good!

[asagi] 03/4/2019 08:34

1.98 GEL dividend declared then in the AR.

Asagi (long TBCG)

[alotto] 19/10/2018 09:52

I am surprised about how quiet it is the BB on this stock.
Is it not an attractive opportunity to traders?
Posting this to check if anyone is on this page, reading posts etc :)

[alotto] 20/8/2018 10:46

Good update today, I don't see big trades on this company, I see good potential for growth.

[igoe104] 10/3/2018 11:23

I see PEEL Hunt have increased there buy target to £21.50.

[from8to800] 10/3/2018 11:16

This apparent gem just came up on my screens.

Little float (53m shares), steady, continuous growth, a gorgeous looking chart and, to top it all off, exposure to the Georgian market which has gone up tremendously (and no one is talking about it!) make this a very enticing buy.

A quick look at Georgia Equity Market Index shows an increment of over 100% in the last year alone. I've not done enough digging to figure out what has triggered this, but seems to me like this stock has long term potential.

My buy alert has been flashed, waiting for confirmation to pull the trigger.

[igoe104] 23/2/2018 08:37

2 FTSE 350 dividend stocks I’d buy with £2,000 today.




Improving performance
Releasing full year results on Thursday was Georgia’s largest banking group, TBC Bank (LSE: TBCG). Its performance during the 2017 financial year was relatively positive, with underlying net profit increasing by 35.1%. This delivered an underlying return on equity of 21.4%, which is up on the previous year’s figure of 20.6%.
The bank also became more efficient in the year, with its cost:income ratio declining to 40.5% from 42.9% in the previous year. Meanwhile, the integration of Bank Republic has progressed as per previous expectations.
Looking ahead, TBC is expected to report further growth in earnings in the current year. Its bottom line is expected to increase by 11% this year, followed by growth of 21% in 2019. The Georgian economy continues to perform relatively well, and this could provide the business with a tailwind over the medium term. Despite this, it trades on a price-to-earnings growth (PEG) ratio of just 0.3, which suggests that it offers upside potential.
In addition, the company’s dividend yield is currently 3.7%. However, with dividends per share due to rise by 26% next year and still set to be covered 3.3 times by profit, the income investing outlook for the stock may prove to be the most enticing part of its overall investment appeal.

[igoe104] 16/11/2017 07:33

Financial Highlights
 
3Q 2017 P&L Highlights                                                        
§ Underlying[1] net profit amounted to GEL 88.0 million (3Q 2016: GEL62.1 million; 2Q 2017: GEL 86.3 million)
§ Reported net profit amounted to GEL 86.8 million (3Q 2016: GEL 71.0 million; 2Q 2017: GEL 79.9 million)
§ Underlying1 return on equity (ROE) amounted to 20.02% (3Q 2016: 18.1%; 2Q 2017: 20.4%)
§ Reported return on equity (ROE) amounted to 19.8% (3Q 2016: 20.6%; 2Q 2017: 18.9%)
§ Underlying1 return on asset (ROA) amounted to 3.0% (3Q 2016: 3.5%; 2Q 2017: 3.2%)
§ Reported return on asset (ROA) amounted to 2.9% (3Q 2016: 4.0%; 2Q 2017: 3.0%)
§ Total operating income amounted to 207.1 million up by 28.0% YoY (up by 7.7% YoY to GEL 174.2 million without the Bank Republic estimated contribution) and unchanged from 2Q 2017
§ Underlying1 cost to income ratio stood at 39.8% (3Q 2016: 41.0%; 2Q 2017: 41.2%)
§ Reported cost to income was 40.5% (3Q 2016: 40.5%; 2Q 2017: 44.9%)
§ Cost of risk on loans stood at 1.3% (3Q 2016: 1.1%; 2Q 2017: 1.3%)
§ Net interest Margin (NIM) stood at 6.2% (3Q 2016: 8.3%; 2Q 2017: 6.8%), the estimated effect of new regulatory LCR is 0.4pp[2]
§ Risk adjusted net interest margin (NIM) stood at 5.0% (3Q 2016: 6.7%; 2Q 2017: 5.3%)

[igoe104] 10/11/2017 07:31

Results out next Thursday, from my experience companies don't have conference calls to talk about results, unless things are going well.


Third Quarter 2017 Unaudited Financial Results Conference Call
 
TBC Bank Group PLC ("TBC PLC") will release its third quarter and nine month 2017 unaudited financial results on Thursday, 16 November  2017 at 7.00 am GMT (11.00 am GET).
 
On that day, Vakhtang Butskhrikidze, CEO, and Giorgi Shagidze, CFO, will host a conference call to discuss the results.
 
Date & time:  Thursday, 16 November 2017 at 14.00 (GMT) / 15.00 (CET) / 9.00 (EST)
                                    
Please dial-in approximately 5 minutes before the start of the call quoting the password "TBC Bank

[igoe104] 03/11/2017 08:09

Momentum building here, ready for results which are less than two weeks away. which we know are going to be good.