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Supreme Development Bank

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Member
Registered: Aug 2013
Posts: 16
bunkure ji, if u don't mind plz watch the balance sheet once again carefully, there is an operating profit of Rs. 8,36,34,000 and additional provision of rs 4,39,04,000(15,20,02,000-10,80,98,000). it simply means it have operating EPS of Rs.7 or more.
but i really do agree with ur second comment ---------It's non performing loan is in alarming stage. So NRB will stop this time also to distribute bonus/dividend.
though i have caught up around 4000 kitta of its share between 85-75, hopping of better and sound analysis of its balance sheet with appropriate provisioning and net worth or Rs. 128 per share.
And by the source it is come to know that the most defulder loan of around 6 corore is about to recovering before first quarter.
thanks for reminding abt SUPRME once again.
Member
Registered: Aug 2013
Posts: 272
hbk,
Please see fourth quarter report of Supreme for F/Y 69/70 carefully you will find it.

http://sharesansar.com/sadmin/uploadnews/j1sl0d0y38snbou8j.jpg


D. Operating Profit ( C-3.8 ) (68,368,000)
what does it mean, Profit or Loss?
Profit figure is drawn from write back of Possible Loss. Which is called irregular income. Bank should be in profit from regular activities. Not from "write back", "sale of assets", "Remmittance" etc. like abnormal activities which may or may not happen every year.

It's non performing loan is in alarming stage. So NRB will stop this time also to distribute bonus/dividend.
« Last edit by bunkure on Thu Sep 26, 2013 3:32 pm. »
Member
Registered: Jun 2013
Posts: 47
Gaurisankhar bank's EPS is Rs. 17.55 It is for this reason that the price must have gone up. Previous year NRB cancelled the distribution of 8% cash dividend. But this year, surely it will give something.
Member
Registered: Aug 2013
Posts: 16
better once look at balance sheet well, before commenting. bunkure ji
Member
Registered: Sep 2013
Posts: 259
15 % bonus share 0 % cash bazar ko halla .
Member
Registered: Aug 2013
Posts: 272
Bank is in operating loss this year. Profit is raised from write back.
Member
Registered: Aug 2013
Posts: 272
I don't know any news. But same case was with Gaurishankar development bank also. For many days it moved between 70-75
and now it is between 95-100. There is no any news about it also.
Member
Registered: Jun 2013
Posts: 47
I feel there is some good news coming up, that is why Supreme is skyrocketing. Otherwise why would it go up so suddenly? If u have some genuine info share. Don't post illogical comments, pls.
« Last edit by sgrdtl on Wed Sep 25, 2013 3:15 pm. »

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