The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» Buy International English Language Testing System (IELTS) in jordan((WhatsApp:+237675967490))
Today at 10:55 am by nihal123

» Thread for News on Local and Foreign Politics
Sat Dec 15, 2018 6:13 am by Ethical Trader

» Thread for News on International Markets
Fri Dec 14, 2018 1:58 pm by The Invisible

» AINS - Arpico Insurance
Thu Dec 13, 2018 10:43 am by The Invisible

» Thread for News on CSE and SL Economy
Thu Dec 13, 2018 7:28 am by serene

» CFVF - First Capital
Thu Dec 13, 2018 5:18 am by Ethical Trader

» Dividend Announcement
Wed Dec 12, 2018 6:07 pm by serene

» Obituary Notice.
Wed Dec 12, 2018 11:18 am by sashimaal

» BFN - Orient Finance
Wed Dec 12, 2018 9:34 am by PANTOMATH

» බඩගිනී
Tue Dec 11, 2018 9:20 am by Ethical Trader

» අනං මනං! #/+?.<>
Sun Dec 09, 2018 11:19 am by lanka

»  Rajgama heroes !
Sun Dec 09, 2018 9:43 am by කිත්සිරි ද සිල්වා

» BOPL.N0000 (Bogawantalawa Tea Estates PLC)
Fri Dec 07, 2018 7:35 am by The Invisible

» Sri Lanka economic slowdown trims company profits, bank earnings grow
Thu Dec 06, 2018 3:04 pm by nihal123

» JINS.N0000 ( Janashakthi Insurance PLC)
Thu Dec 06, 2018 10:05 am by The Invisible

» Better Than Bitcoin
Thu Dec 06, 2018 9:42 am by කිත්සිරි ද සිල්වා

» AAIC.N0000
Thu Dec 06, 2018 8:19 am by serene

» Hutchison, Etisalat complete mobile networks merger in Sri Lanka
Wed Dec 05, 2018 9:30 am by The Invisible

» Oil prices surge more than 5-pct
Mon Dec 03, 2018 1:53 pm by Ethical Trader

» Trading Journal
Mon Dec 03, 2018 11:33 am by lanka

» CCS.N0000 ( Ceylon Cold Stores)
Mon Dec 03, 2018 10:03 am by The Invisible

» HAYC - Haycarb
Sun Dec 02, 2018 3:04 pm by xmart

» In the Meantime, Within Our Shores !
Sat Dec 01, 2018 4:36 pm by කිත්සිරි ද සිල්වා

» LGL Laugfs Gas
Fri Nov 30, 2018 9:43 am by The Invisible

» Oil prices gain as investors eye Fed relief on interest rates
Fri Nov 30, 2018 9:41 am by The Invisible

» ලැයිස්තුගත සමාගම් 8 ක් කොටස් ගනුදෙනු තහනම් වීමේ අවදානමක
Thu Nov 29, 2018 11:34 am by nihal123

» අපි තනිකර ලෝකය දිව යන්නේ
Thu Nov 29, 2018 11:32 am by කිත්සිරි ද සිල්වා

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
Thu Nov 29, 2018 10:32 am by The Invisible

» Orient Finance PLC--(Share_Valuation_Report)
Thu Nov 29, 2018 7:17 am by yellow knife

» කිඹුලා
Mon Nov 26, 2018 7:20 am by Lalinda

» Sandos' Vs Creators'
Sun Nov 25, 2018 1:17 pm by කිත්සිරි ද සිල්වා

» Tourists Arrival
Sat Nov 24, 2018 10:07 am by කිත්සිරි ද සිල්වා

» බිරිඳ
Fri Nov 23, 2018 11:49 am by Ethical Trader

» ගෙයක් හදන්නද ඉන්නේ
Fri Nov 23, 2018 5:55 am by Brave Heart

» --- සමෝසා වෙළෙන්දා -------
Fri Nov 23, 2018 5:51 am by Brave Heart

» විකුණුම්කරු
Sun Nov 18, 2018 2:10 pm by Ethical Trader

» Real Estate Market in Sri Lanka- A booming Industry or a Bubble?
Sun Nov 18, 2018 12:00 am by xmart

» Will YOU VOTE for ME if I run for SL PRESIDENCY?
Sat Nov 17, 2018 11:43 am by CK

» *කොට්ටේ තරණය කිරීම*
Fri Nov 16, 2018 6:25 pm by Ethical Trader

» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
Wed Nov 14, 2018 9:20 pm by pjrngroup

» DIPD.N0000 (Dipped Products)
Wed Nov 14, 2018 7:18 am by The Invisible

» SAMP.N0000 (SAMPATH BANK PLC)
Wed Nov 14, 2018 7:16 am by The Invisible

» TAFL - Three Acre Farms
Wed Nov 14, 2018 7:14 am by The Invisible

» RCL - Royal Ceramics
Wed Nov 14, 2018 7:12 am by The Invisible

» HAYL.N0000 Hayleys PLC
Wed Nov 14, 2018 7:08 am by The Invisible

» How to trade Stock profitably?
Tue Nov 13, 2018 11:55 am by indramal

» What are investing methods in Sri Lanka?
Tue Nov 13, 2018 6:39 am by indramal

» Thread for General News Local/Foreign
Mon Nov 12, 2018 7:57 am by serene

» Anybody invest New York or Landon Stock Exchange?
Sat Nov 10, 2018 8:53 am by කිත්සිරි ද සිල්වා

» JKH.N0000
Fri Nov 09, 2018 10:49 am by ruwan326

December 2018
SunMonTueWedThuFriSat
      1
2345678
9101112131415
16171819202122
23242526272829
3031     

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

PABC.N0000 (Pan Asia Banking Corporation PLC)

Page 1 of 2 1, 2  Next

Go down

PABC.N0000 (Pan Asia Banking Corporation PLC)

Post by yellow knife on Thu Mar 03, 2016 3:49 pm

Eventhough Pan Asia Bank is a commercial bank its revenue has been lower than two NBFIs .

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6111
Join date : 2014-03-27

Back to top Go down

Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

Post by yellow knife on Thu Mar 03, 2016 3:52 pm

Revenue has been growing steadily over a decade.

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6111
Join date : 2014-03-27

Back to top Go down

Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

Post by yellow knife on Thu Mar 03, 2016 3:53 pm

Profit was not recorded in a steady line.

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6111
Join date : 2014-03-27

Back to top Go down

Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

Post by yellow knife on Thu Mar 03, 2016 3:54 pm

Term Loans, ODs and LRR were the main assets .

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6111
Join date : 2014-03-27

Back to top Go down

Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

Post by yellow knife on Thu Mar 03, 2016 3:56 pm

Once Term Loans and ODs removed rest of the loans and assets can be highlighted as following.

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6111
Join date : 2014-03-27

Back to top Go down

Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

Post by yellow knife on Thu Mar 03, 2016 3:58 pm

Bank has strategically moving out of Pawning to Leases. However 2016 Budget proposal if implemented in the original spirit, that would have been a very negative factor to the bank.

As there is no ruling to cease leasing operations by banks as initially proposed there won't be any impact as expected.

[You must be registered and logged in to see this image.]

[You must be registered and logged in to see this image.]


Last edited by yellow knife on Wed Mar 16, 2016 7:20 am; edited 1 time in total

yellow knife
Top contributor
Top contributor

Posts : 6111
Join date : 2014-03-27

Back to top Go down

Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

Post by yellow knife on Thu Mar 03, 2016 4:00 pm

This is the first commercial bank to be analyzed by me. However when evaluating Capital Adequacy ratio, if the company prefers to grow more it may consider rights issues to enhance paid up authorized capital or another debenture issue..

[You must be registered and logged in to see this image.]


Last edited by yellow knife on Thu Mar 03, 2016 6:30 pm; edited 1 time in total

yellow knife
Top contributor
Top contributor

Posts : 6111
Join date : 2014-03-27

Back to top Go down

Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

Post by yellow knife on Thu Mar 03, 2016 4:02 pm

Net Assets position is growing steadily...

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6111
Join date : 2014-03-27

Back to top Go down

Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

Post by yellow knife on Thu Mar 03, 2016 4:03 pm

Non Performing Loan ratios

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6111
Join date : 2014-03-27

Back to top Go down

Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

Post by yellow knife on Thu Mar 03, 2016 4:07 pm

PABC is aggressively into credit cards.



Pan Asia Bank’s credit card portfolio

grew by 150% compound annual

growth rate during the last 3

years faster than the industry by

maintaining a much higher quality

portfolio than the industry

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6111
Join date : 2014-03-27

Back to top Go down

Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

Post by First Guy on Fri Mar 04, 2016 7:19 am

[You must be registered and logged in to see this image.]
avatar
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

Post by yellow knife on Thu Mar 17, 2016 11:53 am

Compared to the size of the business portfolio and PAT, PABC is involved in a different strategy and focus more on businesses with high return like credit cards, margin trading, leasing etc.

Following is a comaprision between SEYB and PABC

[You must be registered and logged in to see this image.]

**********************************************************

[You must be registered and logged in to see this image.]

******************************************************

Even though I have not done a complete research on Margin providers, at a glance ( among top twenty lists of listed companies ) SEYB, PABC and PLC.N appears quite often.

[You must be registered and logged in to see this image.]

**********************************************************

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6111
Join date : 2014-03-27

Back to top Go down

Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

Post by First Guy on Wed May 04, 2016 8:10 am

[You must be registered and logged in to see this image.]

After March 2016 results

P/E - 6.4x
P/B - 1.3x
avatar
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

Post by yellow knife on Wed May 04, 2016 8:34 am

Thanks FG

Seems PABC is attractive.

yellow knife
Top contributor
Top contributor

Posts : 6111
Join date : 2014-03-27

Back to top Go down

Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

Post by yellow knife on Wed Oct 19, 2016 8:18 am

Rating agency downgrades PABC to BBB-lka with stable out look, from BBB lka with a negative out look.

Warns volatility in working conditions to add pressure to credit metrics

Capital raising likely to be problematic amid increased country risk

PABC says above average growth improved profitability and NPL.

Source : daily ft

yellow knife
Top contributor
Top contributor

Posts : 6111
Join date : 2014-03-27

Back to top Go down

Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

Post by yellow knife on Mon Mar 20, 2017 7:30 am

Year 2016

We are going to highlight the performance of PABC for 2016 based on its annual report.

First I like to quote from another discussion we had.

by [You must be registered and logged in to see this link.] on Sat Mar 18, 2017 4:45 am

Is that possible you to include all the banks in one chart as you did for total revenue. If we do so, I sense PABC will be out performing followed by Sampath as per my past studies.

Now lets look at whether PABC has out performed the rest of banks.

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6111
Join date : 2014-03-27

Back to top Go down

Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

Post by yellow knife on Mon Mar 20, 2017 7:34 am

It appears that the whole banking industry is moving in a similar pattern and we have to evaluate many banks to arrive at a conclusion.

****************************************

Now if we see the revenue of PABC separately.

Yes , PABC is recording an exponential growth..

[You must be registered and logged in to see this image.]

Comparison of Sampath at a glance

[You must be registered and logged in to see this image.]


Last edited by yellow knife on Mon Mar 20, 2017 9:14 am; edited 2 times in total

yellow knife
Top contributor
Top contributor

Posts : 6111
Join date : 2014-03-27

Back to top Go down

Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

Post by yellow knife on Mon Mar 20, 2017 7:35 am

I preferred to compare PABC with two leading NBFIs than with banks. Once PABC is compared with commercial banks, it gets dwarfed by other Gullivers.

[You must be registered and logged in to see this image.]


[You must be registered and logged in to see this image.]

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6111
Join date : 2014-03-27

Back to top Go down

Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

Post by yellow knife on Mon Mar 20, 2017 8:18 am

As PABC is a small bank it has to focus mostly on areas where NBFIs are strong like Leasing, Pawning, Margin Trading and it has increased Gold Loans again in 2016 reversing the downward trend.

[You must be registered and logged in to see this image.]


[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6111
Join date : 2014-03-27

Back to top Go down

Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

Post by yellow knife on Mon Mar 20, 2017 8:23 am

AS LTV ( Loan to value ) ratio hits the vehicle leasing market , gold is becoming the saviour again. Very soon we may find all small banks and NBFIs fighting in Gold Pawning and Gold Loan business.

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6111
Join date : 2014-03-27

Back to top Go down

Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

Post by yellow knife on Mon Mar 20, 2017 8:31 am

Credit Cards and Personal loans provide very high returns to banks..

PABC has focused efficiently on credit cards and the portfolio is growing faster.

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6111
Join date : 2014-03-27

Back to top Go down

Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

Post by yellow knife on Mon Mar 20, 2017 8:35 am

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6111
Join date : 2014-03-27

Back to top Go down

Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

Post by yellow knife on Mon Mar 20, 2017 8:42 am

EPS of PABC

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6111
Join date : 2014-03-27

Back to top Go down

Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

Post by yellow knife on Mon Mar 20, 2017 8:45 am

Net assets of the bank

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6111
Join date : 2014-03-27

Back to top Go down

Re: PABC.N0000 (Pan Asia Banking Corporation PLC)

Post by yellow knife on Mon Mar 20, 2017 8:51 am

No of Branches and No of employees growth.

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6111
Join date : 2014-03-27

Back to top Go down

Page 1 of 2 1, 2  Next

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum