Bank Of Georgia Group Share Price (BGEO)

https://uk.finance.yahoo.com/news/ftse-250-growth-stock-beat-113925321.html

A lot more secure than my Aviva (AV.) on this horrible market day, still needs more PIs to find it, significant part of my portfolio thank goodness. My financials are these, CGEO and TCAP, LGEN is on the watch list.

Pure coincidence, I finish my posting and return to market detail and a commentator far more eloquent than myself is there with some similar sentiments, interesting:
https://uk.finance.yahoo.com/news/looking-stocks-buy-think-ftse-105946340.html

Nicely done on the interims this morning and a prompt "add" reiteration and target from
Bank of Georgia Group BGEO Peel Hunt Add 1,354.50 1,331.00 1,900.00 - Reiterates (when 1331.00)

Shame this FTSE-250 stock is off the radar for many PIs who are very knowledgeable on the UK big four banks, I'm happier to stay here even with the paper minus since my previous posting. Between results, institiutions seem push this up and down based on Fed interest rates, European recession, trade talks, TBCG comparisons, poor early morning liquidity, algorithmic momentum trading, general attitudes of emerging economies either in favour or not. I'm happy to be a longer term holder and secure good safe dividends and good growth prospects from a well-run company with GNP growth in Georgia which is underbanked at present, of course some of the factors above could return to favour also. The main hazards are priced in already at this price, I sleep sounder here than when I had pure UK banking investments.

Even better value this week, though the unfortunate news affecting its competitor shouldn't justify taking money out of Georgian investment en masse, or rather if it does the enlightened can potentially take advantage if temporary. Particularly as the rule of law in Georgia is clearly showing its hand and no BGEO earnings or officers should be affected negatively. Whatever the graph I should be nicely compensated long into the future.

I made my first BGEO investment 15 months ago as I like the earnings for my GBP, the Georgian GNP rise annually and good reports in person from Tblisi by my former manager. Also I will only rarely invest in UK-focused banks after being burned and seeing risk/reward profile at present. After timing things well for BGEO on 18 and 26 June I topped up yesterday after a little top-slice SIPP/ISA profit-taking in GLEN and recycling back into BRD, AV., BGEO, PDG - and what was left back into GLEN (no stamp duty) later in the day, the BGEO were:

535 @ 1496.985p £8,008.87 @ 11:11
500 @ 1473.4645p £7,367.32 @ 13:45

Even with normal market size (NMS) of 1000 shown on this site, the market-makers didn't want to part with the stock easily on the first deal, I had to come back after a short time to organise the transaction on PC. The stock is IMO a gem that only a few private investors find and research, most is algorithmic trading by professionals, curiously often with very little done early, I assume that it time-zone related.

@ 1484 looks as good as any so far today .
The trades shown here more then 30 mins behind real time .