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That's better 1.74%.
Still I expect at least a 4% gain every day!
Reasonable I think.
WHAT IS GOING ON a miserable 0.74% rise in the share price! Might as well and buy....?
I might be wrong.
There has to be a first time!
Where's the profit taking (me excepted-took mine)?
Now want back in cheaper :/
Of interest
https://www.thearmchairtrader.com/bank-of-georgia-russia-ukraine-growth/
I think I might sell some legal and general and buy more BOG and Georgia capital.
I wish I could find some negatives!
8/11/17 I mean
22/17 buy 5/18 must have been the split
It holds the prce back at the same time as being the cause of the profit and indirectly the superior exchange rate and balance of payments. Georgia is on the Russian 'silk road' to Syria and maybe onwards via the Med for Ukraine exports via the Black Sea but also a destination for Russians on holiday or escaping sanctions with a BGEO bank account. All gleaned from the half-year report.
Only 14.8% down from 5/18 buy
Given the market carnage surrounding it.
This is ridiculous!. Pushing 60%!
I have been going through TBC (the other Georgian bank) it is much closer to its previous high.
To reflect the increased profits both would need to go considerably higher.
I expect the invasion of the Ukraine will hold the price back.
Numbers were huge though
Up 55% today Bought in April.
I feel these will fall back a bit. Got to be a some profit taking soon.
An absolute beast. I’m in at all time highs… sigh
Today up 48%. That's the numbers I like to see!
Flying I am up 38% April
Up up and away.....share price
Some really good share price increases. One thing I notice about bank of Georgia and for that matter Georgia Capital is there not small jumps (in either direction). They are nearly always significant. Pity Georgia capital hasn't kept up.
A very short period between Ex-Dividend and payment relative to ...just about any company.
"Bank of Georgia Group PLC (the "Group") announces today that its Board of Directors (the "Board") has approved the commencement of a GEL 72.7 million share buyback and cancellation programme. This is consistent with the Group's capital and distribution policy, announced in September 2021, to target a dividend/share buyback payout ratio in the range of 30-50% of annual profits. The shares will be purchased in the open market. The purpose of the buyback is to reduce the share capital, and the cancellation of the treasury shares will be executed on a monthly basis."
Should have started today big drop obviously related to exdivided but still.
Sorry that should read payable Thursday 14 July. Hargreaves Lansdowne have provided the firm detail but I see looking at earlier posts that this could be provisional with a currency adjustment on 4 July. (Sterling weakness useful on such occasions). The summer always seems better than spring for reinvestment of dividends, will add a small amount of cash and do two normal trades, SIPP and ISA.
64.5036p per share will be payable on Tuesday 14 July 2022, price tomorrow will be adjusted accordingly.
I am up an average up 30% share price increase since 6th April. Looking at the price earnings ratio a fair bit to go....hopefully!!!
Very nice....any ideas why the sudden change in attitude?
Not that I am complaining!
#SD235, Thank you for getting the elusive information, spreadsheet amended. Sorry I'm aware of TBC of course but have no particular knowledge as my holding here is substantial and doesn't justify a second Georgian company, if there was I know CGEO better. Regarding areas served - Georgia, Belarus, Hungary, Turkey, United Kingdom, Israel hindsight is a wonderful thing and market has already over-discounted for this geographical mix, which is why we get such good value in earnings terms and have to leave such things to competent share-incentivised management. Markets distrust dividends over 10% and in general prefer reliable growth annually which looks entirely possible, and capital growth as well from the currtent depressed level back towards the analysts' targets posted somewhere down below.