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  • SEYB Community

    If i remember SEYB has not yet announced a Rights Issue ? Any particular reason.
    "The best values today are often found in the stocks that were once hot and have since gone cold"

  • #2
    Financial Performance- Period ended 30 June 2018

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    Last edited by ruwan326; 08-13-2018, 03:31 PM.

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    • #3
      Could anyone enlighten us on the discrepancy in Other Income across two quarters? which obliterate the true pictrue.

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      • SHARK
        SHARK commented
        Editing a comment
        however the Total operating Income is above last year by 7%

    • #4
      OPEX, Taxes up by 2% this year.
      "The best values today are often found in the stocks that were once hot and have since gone cold"

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      • #5
        Financial Performance- Period ended 30 September 2018

        Click image for larger version

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        • #6
          Click image for larger version

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          "The best values today are often found in the stocks that were once hot and have since gone cold"

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          • #7
            Could SEYBN have seen its bottom already!
            "The best values today are often found in the stocks that were once hot and have since gone cold"

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            • #8
              Originally posted by SHARK View Post
              Could SEYBN have seen its bottom already!
              Yes it has breached 75 momentarily. can this test 80rs
              "The best values today are often found in the stocks that were once hot and have since gone cold"

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              • #9
                Good buying witness , reach Rs 80 again.....
                Live Today........
                Without compromising your ability to Live Tomorrow………

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                • #10
                  Suddenly almost all banks moving without the government. Interesting development.

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                  • #11
                    Exactly. There is no Gvt and Ratings are slashed and many pundits painting economic gloom. Also SEYB is the one which least performed Bank in last Qtr with NPL growing and worst in coming Qtr under IFRS as management predicted same

                    ''The total impairment costs of the Bank increased by 33.57% from Rs.1,440 Million to Rs. 1,923 Million. The Bank has assessed the impact on transition based on gap analysis and quantifications performed on its Financial Statements as at 31st December 2016 on adoption of SLFRS 9 with the assistance of an external consultant. Based on the preliminary assessments undertaken, the estimated additional impairment provision on the Financial Statements for the year ended December 31, 2017, on adoption of SLFRS 9 is expected to be in the range of 30% to 45% of the total impairment provision on different portfolios''

                    Anyway best is ride on this strange situation as in SL it seems everything happening opposite. Who knows the present crisis will be a blessing in disguise.

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