city bank capital - weekly market insight - cbcrl.com02_october... · mobil jamuna bangladesh...
TRANSCRIPT
Closing WoW ∆% WoW ∆
DSEX ↑ 4,723.7 0.6 28.5
Average Turnover, BDT Mn ↓ 5,412.5 (3.4) (187.7)
Closing WoW ∆% WoW ∆, BDT
Highest Gainer INTECH 15.5 23.0 2.9
Highest Loser YPL 33.6 (13.0) (5.0)
Closing WoW ∆%% of Weekly
Turnover
Highest Turnover MJLBD 118.2 2.4 3.5
CW LW % ∆ WoW WoW ∆
Turnover Weekly, BDT Billion 27.1 33.6 (6.5)
Turnover Weekly, USD Million 345.2 428.6 (83.4)
Weekly Trading Session 5 6 - (1)
CW % ∆ WoW % ∆ YTD
M Cap (Total), BDT Billion 3,299.5
USD Billion 42.1
Equiyt M Cap, BDT Billion 2,713.1
USD Billion 34.6
DSE Market Index (DSEX) and Turnover Trend
Source: DSE, CBC Research
City Bank Capital - Weekly Market Insight
02 October – 06 October 2016
DSE Market STAT
YTD 2016 DSE Market Return (positive) 2%, DSEX up by 94.1 points
(19.5)
5.40 0.68
0.53 4.42
The DSE market extended its fourth week gaining streak and added 28.5 points in this week
(174.7 points in last four week) to close the DSEX at 4,723.7 points. DSEX increased
positive YTD 2016 return to 2.0% (+94.1 points), which was positive 1.4% in last week.
Currently the market is trading at trailing market price earnings ratio (trailing PE) of 14.8x
and Price to book value (PBV) of 1.9x. The listed equities offer 12.3% ROE (trailing),
6.6% earnings yield, and 3.4% dividend yield. Free float share of the equity market stands at
39.5%.
The weekly average turnover stood at BDT 5.4 billion (3.4% WoW fall). Investors mainly
concentrated on engineering, fuel & power, textile, pharma, NBFIs, bank and miscellaneous
sector stocks, which also continued to hold the position as top contributors in turnover chart.
Mobil Jamuna Bangladesh Limited holds the weekly top turnover position and contributed
3.5% of total weekly turnover (closed at BDT 118.2 per share with 2.4% weekly gain).
Among the major sectors IT (+2.8%), textile (+2.0%), food & allied (+1.3%), fuel &
power (+1.0%), bank (+0.9%), engineering (0.8%), telco (+0.7%) and pharma (+0.3%)
were in the green zone, while cement (-1.4%) and NBFIs (-1.2%) sectors took most of the
beating.
Stocks which were top of the gainer chart are In Tech Online (+23.0%), Evince Textiles
(+22.1%), Standard Ceramic (+17.2%), The Peninsula Chittagong (+13.4%), and Prime
Insurance (+12.9%). Whereas the weekly top losers were Yeakin Polymer (-13.0%), The
Ibn Sina (-12.7%), Shaympur Sugar (-12.2%), National Housing Finance (-9.1%) and
Modern Dyeing (-8.5%).
Block trade contributed 2.9% to the total weekly turnover; where stocks like Social Islami
Bank (BDT 278.4 mn), Singer Bangladesh (BDT 105.6 mn), BRAC Bank (BDT 53.1
mn), Olympic Industries (BDT 47.4 mn), CVO Petrochemical Refinery (BDT 36.2 mn)
and Prime Textile (BDT 29.8 mn) dominated the block trade board.
3,800
3,950
4,100
4,250
4,400
4,550
4,700
4,850
5,000
5,150
30-Dec-14
30-Jan-15
28-Feb-15
31-Mar-15
30-Apr-15
31-May-15
30-Jun-15
31-Jul-15
31-Aug-15
30-Sep-15
31-Oct-15
30-Nov-15
31-Dec-15
31-Jan-16
29-Feb-16
31-Mar-16
30-Apr-16
31-May-16
30-Jun-16
31-Jul-16
31-Aug-16
DSEX DSEX, (30 Dec'14 to YTD'16 average)
City Bank Capital - Weekly Market Insight
02 October – 06 October 2016
YTD 2016 DSE Market Return (positive) 2%, DSEX up by 94.1 points
WoW ∆ YTD ∆ Dividend YieldWeekly Turnover
ContributionPE (trailing)
PE (year end
PAT based)
PE
(forward)P/BV
% of Equity
M Cap
% Free Float
Share
% % % % BDT bn USD mn X X X X -
Bank 0.9 8.5 6.0 8.0 446.0 5,688.7 7.4 7.6 6.9 0.8 16.4 54.6
Financial Institutions (1.2) 0.4 3.4 8.9 151.3 1,930.2 16.0 17.0 12.8 1.6 5.6 27.7
General Insurance 1.3 1.5 4.1 2.3 31.6 402.6 11.1 11.1 10.5 0.8 1.2 54.1
Life Insurance 2.0 (12.0) 2.2 1.1 44.5 567.2 - - - - 1.6 56.7
Telecommunication 0.7 7.8 4.9 1.7 387.6 4,943.3 19.3 19.5 18.9 9.9 14.3 10.8
IT Sector 2.8 5.8 1.4 3.0 10.0 127.2 27.3 25.9 28.7 1.9 0.4 63.2
Engineering 0.8 7.8 1.5 16.0 175.7 2,241.4 19.1 24.3 14.8 2.0 6.5 44.7
Fuel & Power 1.0 10.6 4.1 13.7 368.8 4,704.3 13.0 11.4 13.4 1.6 13.6 30.9
Pharma & Chemicals 0.3 0.3 1.6 10.0 440.5 5,618.5 20.2 21.4 20.2 2.9 16.2 54.4
Textile 2.0 1.8 2.9 13.2 90.5 1,154.6 14.1 11.5 13.3 0.9 3.3 55.2
Food & Allied 1.3 (5.8) 1.7 3.1 229.7 2,930.1 26.7 33.3 30.0 10.9 8.5 40.4
Travel & Leisure 0.7 (13.0) 3.6 1.2 19.4 247.8 25.1 14.6 22.7 1.0 0.7 57.8
Services & Real Estate 0.1 (11.6) 0.9 1.6 18.8 239.9 23.9 30.0 22.8 1.3 0.7 47.6
Cement (1.4) 1.6 2.4 3.3 149.2 1,903.1 28.0 28.8 26.3 4.2 5.5 36.4
Tannery Industries (0.3) (7.7) 2.5 0.5 22.6 288.1 20.5 23.1 21.1 3.2 0.8 40.4
Ceramics Sector 0.8 (9.0) 3.5 1.0 24.2 309.3 21.1 21.1 21.5 1.8 0.9 30.6
Jute 0.3 23.0 0.6 0.2 1.1 13.5 NM NM NM 2.0 0.0 55.3
Paper & Printing (0.9) (13.1) 3.3 0.1 1.6 20.5 32.2 13.5 42.3 0.9 0.1 50.1
Miscellaneous 1.9 18.5 1.1 7.3 96.7 1,233.9 29.9 33.0 28.0 1.3 3.6 27.4
DSE Equity Market 0.6 2.0 3.4 99.1 2,713.1 34,606.0 14.8 15.0 14.1 1.8 100% 39.5
"A Category" Companies 0.7 4.6 3.5 86.1 2,624.0 33,469.1 14.6 14.8 14.1 1.9 96.7 39.0
"B Category" Companies 0.5 6.3 2.0 2.6 10.5 134.1 28.0 25.5 26.7 0.8 0.4 59.0
"N Category" Companies 0.6 (11.1) 2.5 6.7 41.6 530.6 21.6 21.3 19.8 1.4 1.5 54.8
"Z Category" Companies 1.3 (14.6) 0.3 0.9 39.8 507.6 NM NM NM 1.2 1.5 60.7
MNCs (12 MNCs) 0.8 1.3 3.6 6.3 835.0 10,650.7 22.0 23.1 21.8 9.1 30.8 18.5
Mutual Funds (1.3) 14.4 6.2 0.9 30.8 392.4 8.8 8.5 11.8 0.6 - -
IPO in 2015 & 2016 (0.3) 6.4 3.7 13.5 167.8 2,140.3 16.7 18.4 14.8 2.2 6.2 35.3
Top 20 M Cap Companies 0.9 5.8 5.5 17.7 1,494.9 19,067.5 18.9 19.8 18.0 3.5 55.1 30.5
Market Cap
Page 02 out of 09Source: DSE, CBC Research
DSE Market Sector Wise Indicators (week-end matrics)
Sector
* BVPS: Book Value per share, T: Trailing (latest 12 month or latest 4 quarters), F: Forward (forward 12 month), YTD: Year todate, DY: Dividend Yield, RD: Record date, WoW: Week over week
* YTD Return of ‘DSE Equity Market’ is represented by return of DSEX (the benchmark index of DSEX, which is a free float based index covering 97.1% of the equity market), Equity market turnover includes block trade portion
also.
* DSE Equity Market return is represented by return of DSEX. * Weekly DSE Equity Market turover includes Block trade portion.
City Bank Capital - Weekly Market Insight
02 October – 06 October 2016
YTD 2016 DSE Market Return (positive) 2%, DSEX up by 94.1 pointsTrailing PE Ratio – sector and the DSE market
Page 03 out of 09
Weekly Turnover Movement, Sector Wise (to total turnover in DSE market)
Weekly turnover contribution
Source: DSE, CBC Research
Tiny Cap ,
4.0%
Low Cap ,
13.4%
Mid Cap ,
37.3%
High Cap ,
41.5%
Block
Trade,
2.9%
MF Sector,
0.9%
7.4
16.0
11.1
19.3
27.3
19.1
13.0
20.2
14.1
26.7 25.1 23.9
28.0
20.5 21.1
32.2 29.9
22.0 18.9
14.6
0.0x3.0x6.0x9.0x
12.0x15.0x18.0x21.0x24.0x27.0x30.0x33.0x36.0x
Sector PE (trailing) Market PE (trailing):14.8x
8.0
%
8.9
%
2.3
%
1.1% 1.7% 3.0
%
16.0
%
13.7
%
10.0
%
13.2
%
3.1%
1.2%
1.6% 3.3
%
0.5
%
1.0%
0.2
%
0.1%
7.3
%
6.3
%
0.9
%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
14.0%
16.0%
18.0%
Previous week's contribution Current week's contribution
City Bank Capital - Weekly Market Insight
02 October – 06 October 2016
YTD 2016 DSE Market Return (positive) 2%, DSEX up by 94.1 points
∆, WoWClosing
PriceYTD ∆ M Cap Paid-up Cap
EPS
(trailing)Book Value P/BV
PE
(trailing)
Dividend
YieldCategory
Financial
Year End
% BDT ps % BDT mn BDT mn BDT ps BDT ps X X % - -
INTECH 23.0 15.5 38.6 397.6 256.5 1.11 11.2 1.4 14.0 - A December
ETL 22.1 22.1 11.1 2,652.0 1,200.0 1.56 17.1 1.3 14.2 4.5 N June
STANCERAM 17.2 58.6 17.4 378.6 64.6 1.90 14.6 4.0 30.8 0.9 A June
PENINSULA 13.4 18.6 17.0 2,207.2 1,186.7 1.14 31.2 0.6 16.3 5.4 A June
PRIMEINSUR 12.9 19.2 28.0 784.8 408.8 2.20 17.1 1.1 8.7 6.5 A December
TAKAFULINS 12.3 16.4 6.3 592.0 361.0 1.31 15.8 1.0 12.5 2.9 A December
RDFOOD 11.9 15.0 4.9 853.8 569.2 0.52 17.8 0.8 28.6 - Z June
PTL 11.1 21.1 42.6 2,313.4 1,096.4 1.80 21.0 1.0 11.8 7.6 A June
STANDARINS 10.4 14.8 13.0 437.7 295.7 2.15 17.1 0.9 6.9 - A December
FIRSTFIN 10.3 7.5 (33.6) 871.7 1,162.2 (1.94) 11.5 0.7 NM - Z December
∆, WoWClosing
PriceYTD ∆ M Cap Paid-up Cap
EPS
(trailing)Book Value P/BV
PE
(trailing)
Dividend
YieldCategory
Financial
Year End
% BDT ps % BDT mn BDT mn BDT ps BDT ps X X % - -
YPL (13.0) 33.6 (3.2) 1,982.4 590.0 1.09 10.3 3.3 30.7 - N June
IBNSINA (12.7) 230.5 54.1 5,175.5 224.5 9.03 38.7 6.0 25.5 1.6 A June
SHYAMPSUG (12.2) 13.7 110.8 68.5 50.0 (67.17) (580.9) NM NM - Z June
NHFIL (9.1) 43.8 25.9 4,660.0 1,063.9 2.36 14.4 3.0 18.6 3.9 A December
MODERNDYE (8.5) 201.9 105.0 276.2 13.7 0.15 11.1 18.3 1,327.4 0.5 Z June
MIRACLEIND (7.5) 34.3 34.5 930.7 271.3 2.09 46.0 0.7 16.4 - B June
GSPFINANCE (7.2) 19.3 28.7 2,019.4 1,046.3 1.61 16.1 1.2 12.0 8.0 A December
EBLNRBMF (7.1) 5.2 33.2 1,021.7 1,964.8 0.58 10.4 0.5 9.0 - A June
FEDERALINS (6.7) 11.2 9.9 654.6 584.4 0.15 11.5 1.0 76.2 - B December
SIMTEX (6.4) 22.4 3.9 1,342.3 599.3 2.49 22.8 1.0 9.0 8.8 N June
Ticker BDT mn W avg price W avg price
SIBL 278.4 15.9 24.8
SINGERBD 105.6 179.0 117.0
BRACBANK 53.1 61.3 97.0
OLYMPIC 47.4 305.6 270.0
CVOPRL 36.2 241.5 2,549.4
Block Trade as % of Weekly Turnover 5.8
BLOCK Trade Companies (weekly aggregate Top 10)
QTY'000
17,500.0
590.0
867.6
155.2
Ticker
PRIMETEX
MJLBD
DELTALIFE
SQURPHARMA
29.8
29.3
29.1
28.8
26.3
1,200.0
250.0
106.7
10.3
Source: DSE, CBC Research Page 04 out of 09
150.0 BATBC
QTY'000BDT mn
300.0
Top 10 Weekly Gainers
Top 10 Weekly Losers
Ticker
Ticker
City Bank Capital - Weekly Market Insight
02 October – 06 October 2016
YTD 2016 DSE Market Return (positive) 2%, DSEX up by 94.1 points
∆, WoW Closing Price YTD ∆ M Cap Paid-up CapEPS
(trailing)Book Value P/BV
PE
(trailing)
Dividend
Yield
BDT mn % of DSE % BDT ps % BDT bn BDT mn BDT ps BDT ps X X %
MJLBD 957.0 3.5 2.4 118.2 37.9 35.7 3,016.7 4.52 36.5 3.2 26.1 2.3
SINGERBD 712.0 2.6 5.4 193.7 34.4 14.9 766.9 7.29 19.4 10.0 26.6 2.7
BSC 624.7 2.3 (4.5) 479.0 44.1 6.5 1,361.9 9.95 610.8 0.8 48.2 1.0
BSRMSTEEL 581.5 2.1 4.5 104.6 8.6 35.7 3,417.8 7.96 29.8 3.5 13.1 2.9
SQURPHARMA 540.1 2.0 1.0 271.3 6.9 169.2 6,235.9 12.65 56.9 4.8 21.4 1.1
JAMUNAOIL 513.8 1.9 2.9 198.2 26.2 21.9 1,104.2 18.85 129.5 1.5 10.5 5.0
LAFSURCEML 436.0 1.6 (3.7) 76.3 2.3 88.6 11,613.7 1.62 13.2 5.8 47.2 1.3
LANKABAFIN 402.9 1.5 (2.4) 32.7 29.7 9.0 2,767.4 2.46 22.3 1.5 13.3 4.0
YPL 396.9 1.5 (13.0) 33.6 (3.2) 2.0 590.0 1.09 10.3 3.3 30.7 -
BSRMLTD 346.5 1.3 (0.8) 176.5 47.5 34.4 1,951.0 6.64 52.3 3.4 26.6 0.3
ACMELAB 334.7 1.2 0.6 106.2 (12.0) 22.5 2,116.0 5.20 77.3 1.4 20.4 3.3
BBS 323.8 1.2 (2.6) 37.8 0.8 4.0 1,059.8 3.40 14.3 2.6 11.1 -
ACTIVEFINE 312.1 1.2 4.9 53.1 13.3 6.5 1,230.4 3.66 24.8 2.1 14.5 0.9
DOREENPWR 309.9 1.1 (2.1) 68.9 (12.0) 5.5 800.0 0.82 34.5 2.0 83.8 -
PTL 308.5 1.1 11.1 21.1 42.6 2.3 1,096.4 1.80 21.0 1.0 11.8 7.6
POWERGRID 308.1 1.1 3.5 59.0 28.5 27.2 4,609.1 2.96 74.0 0.8 19.9 2.5
CITYBANK 300.6 1.1 (0.4) 24.3 19.1 21.3 8,758.0 4.77 28.1 0.9 5.1 9.1
BEXIMCO 291.6 1.1 (3.0) 22.6 (14.3) 17.2 7,602.9 0.71 65.8 0.3 31.8 -
IPDC 287.3 1.1 (5.8) 37.4 68.1 5.7 1,515.0 2.23 17.5 2.1 16.8 -
AMANFEED 284.2 1.1 0.9 79.6 88.2 7.6 960.0 5.59 33.3 2.4 14.2 0.3
OLYMPIC 253.5 0.9 0.6 307.9 18.8 58.6 1,904.2 8.10 19.2 16.0 38.0 1.0
BSCCL 252.1 0.9 (2.8) 120.5 11.5 19.9 1,649.1 1.00 34.0 3.5 120.5 0.8
GSPFINANCE 250.1 0.9 (7.2) 19.3 28.7 2.0 1,046.3 1.61 16.1 1.2 12.0 8.0
TITASGAS 248.5 0.9 1.7 48.8 3.0 48.3 9,892.2 5.13 59.7 0.8 9.5 3.1
SPCL 239.6 0.9 (1.2) 163.0 33.0 22.4 1,371.3 4.43 30.6 5.3 36.8 1.7
UNIONCAP 239.3 0.9 5.1 14.4 6.3 2.0 1,423.0 1.52 16.6 0.9 9.5 3.2
ARGONDENIM 237.4 0.9 9.3 27.1 21.5 2.7 993.6 3.00 27.1 1.0 9.0 3.7
MITHUNKNIT 235.1 0.9 (1.3) 73.3 14.2 2.0 270.8 2.90 22.0 3.3 25.3 -
ETL 229.2 0.8 22.1 22.1 11.1 2.7 1,200.0 1.56 17.1 1.3 14.2 4.5
UPGDCL 224.3 0.8 (0.8) 148.9 6.2 54.0 3,629.4 11.11 34.2 4.4 13.4 8.4
Top 30 Turnover Cos 10,981.3 40.6 0.3 - 851.0 752.3 85,953.1 - - 2.2 18.8 2.4
Weekly Turnover
Source: DSE, CBC Research Page 05 out of 09
Top 30 Turonover Companies (weekly aggregate)
Ticker
*BVPS: Book Value per share, T: Trailing (latest 12 month or latest 4 quarters), F: Forward (forward 12 month), YTD: Year to date, DY: Dividend Yield, RD: Record date, WoW: Week over week
City Bank Capital - Weekly Market Insight
02 October – 06 October 2016
YTD 2016 DSE Market Return (positive) 2%, DSEX up by 94.1 points
M Cap, M Cap ∆, WoW Closing Price YTD ∆ Paid-up CapEPS
(trailing)Book Value P/BV
PE
(trailing)
Dividend
Yield
BDT billion USD million % BDT ps % BDT mn BDT ps BDT ps X X %
GP 367.7 13.55 4,689.9 0.9 272.3 7.6 13,503.0 14.75 24.7 11.0 18.5 5.1
SQURPHARMA 169.2 6.24 2,157.9 1.0 271.3 6.9 6,235.9 12.65 56.9 4.8 21.4 1.1
BATBC 153.7 5.67 1,960.6 1.7 2,561.8 (13.2) 600.0 115.63 252.7 10.1 22.2 2.1
LAFSURCEML 88.6 3.27 1,130.3 (3.7) 76.3 2.3 11,613.7 1.62 13.2 5.8 47.2 1.3
RENATA 68.3 2.52 870.6 1.5 1,120.9 4.5 609.0 35.93 179.7 6.2 31.2 0.7
ICB 66.2 2.44 844.3 (0.3) 104.6 (2.2) 6,328.1 7.45 54.7 1.9 14.0 3.3
OLYMPIC 58.6 2.16 747.8 0.6 307.9 18.8 1,904.2 8.10 19.2 16.0 38.0 1.0
BERGERPBL 56.4 2.08 719.0 4.8 2,430.9 27.7 231.9 75.61 208.3 11.7 32.2 1.5
UPGDCL 54.0 1.99 689.3 (0.8) 148.9 6.2 3,629.4 11.11 34.2 4.4 13.4 8.4
ISLAMIBANK 50.9 1.88 648.9 1.9 31.6 13.7 16,099.9 2.00 30.3 1.0 15.8 6.3
TITASGAS 48.3 1.78 615.7 1.7 48.8 3.0 9,892.2 5.13 59.7 0.8 9.5 3.1
BRACBANK 43.5 1.60 554.6 2.2 61.2 25.9 7,104.4 4.35 31.4 1.9 14.1 4.1
MARICO 38.4 1.42 489.9 (0.4) 1,219.4 (14.6) 315.0 42.44 68.4 17.8 28.7 3.7
BSRMSTEEL 35.7 1.32 456.0 4.5 104.6 8.6 3,417.8 7.96 29.8 3.5 13.1 2.9
MJLBD 35.7 1.31 454.8 2.4 118.2 37.9 3,016.7 4.52 36.5 3.2 26.1 2.3
BSRMLTD 34.4 1.27 439.2 (0.8) 176.5 47.5 1,951.0 6.64 52.3 3.4 26.6 0.3
SUMITPOWER 34.3 1.26 437.2 - 32.1 4.5 10,678.8 5.08 34.7 0.9 6.3 4.0
BXPHARMA 32.9 1.21 419.5 (2.4) 81.1 1.3 4,055.6 3.82 55.4 1.5 21.3 1.2
HEIDELBCEM 31.0 1.14 394.9 1.1 548.0 (2.5) 565.0 29.13 91.6 6.0 18.8 5.5
POWERGRID 27.2 1.00 346.9 3.5 59.0 28.5 4,609.1 2.96 74.0 0.8 19.9 2.5
Top 20 M Cap Cos 1,494.9 55.1 19,067.5 0.9 - 5.8 106,361 - - 3.5 18.9 3.2
Source: DSE, CBC Research Page 06 out of 09
% of DSE
Equity M
Cap
Performance of Top 20 M Cap Companies
Ticker
367.7
169.2 153.7
88.6 68.3 66.2 58.6 56.4 54.0 50.9 48.3 43.5 38.4 35.7 35.7 34.4 34.3 32.9 31.0 27.2
-
100.0
200.0
300.0
400.0 M CAP, BDT BILLION
*YTD return calculation: IPOs lsited in 2016 are based on Weighted avergae price of 1st three tarding days (considered as opening price)
City Bank Capital - Weekly Market Insight
02 October – 06 October 2016
YTD 2016 DSE Market Return (positive) 2%, DSEX up by 94.1 points
∆, WoWClosing
PriceYTD ∆ M Cap Paid-up Cap
EPS
(trailing)Book Value P/BV
PE
(trailing)
Dividend
YieldCategory
Financial
Year End
% BDT ps % BDT mn BDT mn BDT ps BDT ps X X % - -
IFADAUTOS 1.2 85.9 (6.8) 12,842.1 1,495.0 5.21 37.1 2.3 16.5 0.8 A June
BSRMLTD (0.8) 176.5 47.5 34,434.7 1,951.0 6.64 52.3 3.4 26.6 0.3 A December
SHASHADNIM 0.6 35.6 (13.4) 4,015.2 1,127.9 4.96 43.5 0.8 7.2 7.0 A December
UPGDCL (0.8) 148.9 6.2 54,042.5 3,629.4 11.11 34.2 4.4 13.4 8.4 A June
KDSALTD (5.0) 73.7 (4.6) 4,215.6 572.0 0.74 22.7 3.2 99.3 0.6 A June
ZAHEENSPIN (1.2) 16.7 8.5 1,431.2 857.0 0.90 10.6 1.6 18.5 - A December
SIMTEX (6.4) 22.4 3.9 1,342.3 599.3 2.49 22.8 1.0 9.0 8.8 N June
REGENTTEX 7.1 13.6 (27.9) 1,570.8 1,155.0 0.86 29.2 0.5 15.8 3.5 N December
OAL (1.3) 23.5 (29.0) 2,939.7 1,250.9 1.67 16.3 1.4 14.1 0.1 A June
CNATEX 9.4 9.3 (7.0) 2,023.3 2,175.6 1.79 16.8 0.6 5.2 - A June
AMANFEED 0.9 79.6 88.2 7,641.6 960.0 5.59 33.3 2.4 14.2 0.3 A June
TOSRIFA (2.8) 21.2 25.4 1,339.2 631.7 2.19 32.8 0.6 9.7 5.7 A December
NFML (4.3) 20.0 17.6 1,276.0 638.0 1.16 14.7 1.4 17.2 - A June
ITC (0.4) 49.1 (1.2) 4,271.7 870.0 0.90 16.8 2.9 54.6 - N June
DSSL 6.6 11.3 (40.3) 1,130.0 1,000.0 1.02 16.4 0.7 11.1 - N December
DOREENPWR (2.1) 68.9 (12.0) 5,512.0 800.0 0.82 34.5 2.0 83.8 - N June
BNICL 1.3 15.1 (23.4) 668.2 442.5 1.68 15.9 1.0 9.0 - N December
ACMELAB 0.6 106.2 (12.0) 22,472.1 2,116.0 5.20 77.3 1.4 20.4 3.3 N June
ETL 22.1 22.1 11.1 2,652.0 1,200.0 1.56 17.1 1.3 14.2 4.5 N June
YPL (13.0) 33.6 (3.2) 1,982.4 590.0 1.09 10.3 3.3 30.7 - N June
IPO in 2015 & 2016 (0.3) - 6.4 167,802.6 24,061.3 - - 2.2 16.7 3.7 - -
ATCSLGF - 10.5 45.8 648.8 617.9 1.10 12.0 0.9 9.5 12.4 A June
SEMLLECMF (3.8) 10.0 (13.8) 500.0 500.0 0.29 10.2 1.0 34.5 2.5 A June
VAMLBDMF1 (2.1) 9.2 (22.7) 959.7 1,043.2 - 11.1 0.8 - - A September
Page 07 out of 09Source: DSE, CBC Research
Performance of IPOs listed in 2015 & YTD2016
Ticker
54,042.5
34,434.7
22,472.1 12,842.1
7,641.6 5,512.0 4,271.7 4,215.6 4,015.2 2,939.7 2,652.0 2,023.3 1,982.4 1,570.8 1,431.2 1,342.3 1,339.2 1,276.0 1,130.0 668.2 -
20,000.0
40,000.0
60,000.0 M CAP, BDT MILLION
City Bank Capital - Weekly Market Insight
02 October – 06 October 2016
YTD 2016 DSE Market Return (positive) 2%, DSEX up by 94.1 points
Record Date AGM Dividend YieldClosing
Price
PAT
(trailing)
EPS
(trailing)Book Value P/BV
PE
(trailing)
Financial
Year End
% BDT ps BDT mn BDT ps BDT ps X X -
SALAMCRST 7-Nov-16 7-Jan-17 3.8% 26.2 141.7 1.4 19.4 1.3 18.2 June
ARGONDENIM 3-Nov-16 24-Nov-16 3.7% 27.1 298.1 3.0 27.1 1.0 9.0 June
ETL 3-Nov-16 24-Nov-16 4.5% 22.1 186.7 1.6 17.1 1.3 14.2 June
IBNSINA 24-Oct-16 26-Nov-16 1.6% 230.5 202.8 9.0 38.7 6.0 25.5 June
NFML 24-Oct-16 10-Nov-16 0.0% 20.0 74.0 1.2 14.7 1.4 17.2 June
STYLECRAFT 20-Oct-16to be notified later 0.6% 1,188.0 44.8 81.4 462.9 2.6 14.6 June
FARCHEM 19-Oct-16 14-Nov-16 2.0% 25.2 344.1 2.5 16.7 1.5 10.0 June
RDFOOD 18-Oct-16 3-Nov-16 0.0% 15.0 29.8 0.5 17.8 0.8 28.6 June
ACMELAB 13-Oct-16 7-Nov-16 3.3% 106.2 1,101.3 5.2 77.3 1.4 20.4 June
NAVANACNG 10-Oct-16 8-Nov-16 1.9% 45.2 230.9 3.4 31.4 1.4 13.4 June
UPGDCL 10-Oct-16 29-Oct-16 8.4% 148.9 4,032.7 11.1 34.2 4.4 13.4 June
EHL 5-Oct-16 26-Oct-16 4.2% 34.3 192.0 2.1 64.4 0.5 16.7 June
DBH 29-Sep-16 24-Nov-16 2.7% 104.2 785.7 6.4 20.1 5.2 16.2 June
SIMTEX 29-Sep-16 23-Oct-16 8.8% 22.4 149.2 2.5 22.8 1.0 9.0 June
KEYACOSMET 21-Sep-16 19-Nov-16 0.0% 10.3 1,323.4 1.6 13.4 0.8 6.5 June
GBBPOWER 19-Sep-16 6-Oct-16 9.4% 15.9 87.9 0.9 20.4 0.8 17.5 June
APEXTANRY 8-Sep-16 2-Oct-16 2.8% 144.4 91.0 6.0 74.7 1.9 24.2 June
BSCCL 7-Sep-16 29-Sep-16 0.8% 120.5 164.9 1.0 34.0 3.5 120.5 June
GEMINISEA 7-Sep-16 21-Sep-16 0.2% 874.2 20.6 12.5 14.3 61.1 69.9 September
GRAMEENS2 6-Sep-16 - 8.7% 10.6 175.3 0.9 15.8 0.7 11.2 June
ABB1STMF 6-Sep-16 - 0.0% 5.1 300.7 1.4 11.0 0.5 3.6 June
IFIC1STMF 6-Sep-16 - 0.0% 4.8 93.4 0.6 11.0 0.4 7.9 June
PHPMF1 6-Sep-16 - 0.0% 4.7 121.0 0.5 10.3 0.5 9.7 June
POPULAR1MF 6-Sep-16 - 0.0% 4.6 217.9 0.8 10.5 0.4 5.6 June
TRUSTB1MF 6-Sep-16 - 0.0% 4.9 116.4 0.5 11.4 0.4 10.7 June
MEGHNALIFE 5-Sep-16 29-Sep-16 3.5% 55.0 - - December
RELIANCE1 5-Sep-16 - 12.2% 8.2 41.7 0.7 11.7 0.7 11.9 June
SEMLLECMF 4-Sep-16 - 2.5% 10.0 14.5 0.3 10.2 1.0 34.5 June
ATCSLGF 1-Sep-16 - 12.4% 10.5 68.0 1.1 12.0 0.9 9.5 June
GREENDELMF 1-Sep-16 - 7.0% 7.1 121.0 0.8 10.3 0.7 8.8 June
BDTHAI 31-Aug-16 20-Sep-16 1.0% 23.1 105.4 1.0 28.6 0.8 24.1 June
ICB2NDNRB 31-Aug-16 - 12.5% 8.0 101.0 1.0 10.1 0.8 7.9 June
ICB3RDNRB 31-Aug-16 - 10.9% 4.6 63.0 0.6 7.4 0.6 7.3 June
ICBAMCL2ND 31-Aug-16 - 9.8% 5.1 31.5 0.6 8.3 0.6 8.1 June
Page 08 out of 09
Ticker
(on Paid-up Cap)
10% Cash, 15% Stock
10% Cash, 20% Stock
37.5% Cash, 15% Stock
Dividend for last *
fiscal year
10% Cash, 0% Stock
Recent Corporate Disclosures (Dividend and Earnings)
0% Cash, 18% Stock
15% Cash, 0% Stock
40% Cash, 0% Stock
10% Cash, 0% Stock
20% Cash, 50% Stock
5% Cash, 0% Stock
5% Cash, 10% Stock
10% Cash, 0% Stock
10% Cash, 9% Stock
0% Cash, 7% Stock
0% Cash, 6% Stock
0% Cash, 7% Stock
0% Cash, 7% Stock
15% Cash, 0% Stock
125% Cash, 0% Stock
15% Cash, 5% Stock
30% Cash, 5% Stock
20% Cash, 2% Stock
0% Cash, 15% Stock
75% Cash, 0% Stock
5% Cash, 20% Stock
0% Cash, 5% Stock
35% Cash, 0% Stock
5% Cash, 0% Stock
0% Cash, 5% Stock
20% Cash, 5% Stock
10% Cash, 0% Stock
2.5% Cash, 0% Stock
13% Cash, 0% Stock
5% Cash, 0% Stock
Source: DSE, CBC Research
*Dividend disclosure (cash and stock) includes any interim declared dividends for the fiscal also.
DISCLAIMER
City Bank Capital - Weekly Market Insight
02 October – 06 October 2016
YTD 2016 DSE Market Return (positive) 2%, DSEX up by 94.1 pointsDISCLAIMER
This message is intended only for the use of the individual or entity to which it is addressed and may contain information which is privileged, confidential, proprietary, or exempt from disclosure under applicable law. If you
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received this communication in error, please notify the sender and destroy and delete any copies you may have received. Further, the estimates and projections herein are our own and are based on assumptions that we believe
to be reasonable. Information presented herein, while obtained from sources we believe to be reliable, is not guaranteed either as to accuracy or completeness. Neither the information nor any opinion expressed herein
constitutes a solicitation of the purchase or sale of any security. As it acts for public companies from time to time, City Bank Capital may have a relationship with the above mentioned company(s). This report is intended
for distribution in only those jurisdictions in which City Bank Capital is registered. Re-distribution of this report in any format, to any recipient other than initially intended by the Firm, is strictly prohibited.”
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CITY BANK CAPITAL RESOURCES LIMITED (CBC)
10, Dilkusha, Jibon Bima Tower (1st Floor)Motijheel, Dhaka -1000, Bangladesh Land Line: + (880)-2-9565925 Web:cbcrl.com
CITY BANK CAPITAL RESEARCH TEAM
Mehedee Hasan
Head of Research
Cell: +88 01730 727 941
Email: [email protected]
Moinul Amin
Research AnalystCell: +88 01722 072 264
Email: [email protected]
Nahid Hasan
Research AssociatesCell: +88 01681 433 976
Email: [email protected]