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Bank of Georgia (BGEO)     

dreamcatcher - 29 Dec 2012 19:23

http://bankofgeorgia.ge/en/ir/shareholder-information/analyst-corporate-advis

Bank of Georgia is Georgia’s is the leading bank in Georgia, with more than a third of the market share in Georgia based on total assets, total loans, total deposits and total shareholders’ equity. The bank offers a broad range retail banking, corporate banking, wealth management, brokerage and insurance services to its clients. As of 31 March 2012, the Bank served approximately one million client accounts through one of the largest distribution networks in Georgia, with 164 branches, including full-service flagship branches service centres and smaller-scale outlets, the country’s largest ATM network, comprising 431 ATMs, 104 self service terminals and a full-service remote banking platform and a modern call center.

Selected key elements of the Bank of Georgia’s strategy are to maintain its leading position in the growing and still under-penetrated Georgian banking market, focus on profitable growth, increase the Bank's loan portfolio while maintaining asset quality, and to capture growth and synergies in the Georgian insurance, healthcare and affordable housing sectors.

Bank of Georgia’s UK incorporated holding company Bank of Georgia Holdings plc is listed on the main market of the London Stock Exchange (BGEO:LN). Bank of Georgia remains to be the only Georgian entity to be rated by all three global rating agencies: ‘BB-/B’ from Standard & Poor’s, ‘B1/NP’ (FC) & ‘Ba3/NP’ (LC) from Moody’s and ‘BB-/B’ from Fitch Ratings.

JSC Bank of Georgia’s UK incorporated holding company Bank of Georgia Holdings PLC is listed on the main market of the London Stock Exchange (BGEO LN) since February 2012

Chart.aspx?Provider=EODIntra&Code=BGEO&SChart.aspx?Provider=EODIntra&Code=BGEO&S

dreamcatcher - 26 Mar 2013 15:47 - 28 of 110

A poor market day not even stopping this one today.

dreamcatcher - 28 Mar 2013 09:33 - 29 of 110

As of Mar 27, 2013, the consensus forecast amongst 9 polled investment analysts covering Bank of Georgia Holdings PLC advises that the company will outperform the market. This has been the consensus forecast since the sentiment of investment analysts deteriorated on Feb 14, 2013. The previous consensus forecast advised investors to purchase equity in Bank of Georgia Holdings PLC.

Bank of Georgia Holdings PLC (BGEO:LSE) set a new 52-week high during today's trading session when it reached 1,549. Over this period, the share price is up 48.08%.
.

dreamcatcher - 01 Apr 2013 20:08 - 30 of 110

Analyst Coverage

http://bogh.co.uk/en/investors/analysts-coverage

dreamcatcher - 02 Apr 2013 20:12 - 31 of 110

Bank of Georgia Holdings PLC (BGEO:LSE) set a new 52-week high during today's trading session when it reached 1,600. Over this period, the share price is up 49.95%.

dreamcatcher - 04 Apr 2013 17:04 - 32 of 110

Bank of Georgia Holdings PLC (BGEO:LSE) set a new 52-week high during today's trading session when it reached 1,626. Over this period, the share price is up 52.33%.

dreamcatcher - 12 Apr 2013 14:55 - 33 of 110

As of Apr 05, 2013, the consensus forecast amongst 9 polled investment analysts covering Bank of Georgia Holdings PLC advises investors to purchase equity in the company. This has been the consensus forecast since the sentiment of investment analysts improved on Apr 03, 2013. The previous consensus forecast advised that Bank of Georgia Holdings PLC would outperform the market.

goldfinger - 12 Apr 2013 15:02 - 34 of 110

DC looks brilliant. My god where as it been all my life.

Straight in big time.

cheers appreciated.

ps, could do with you down on the chart thread.

dreamcatcher - 12 Apr 2013 15:18 - 35 of 110

Just keep a close eye on this one, some what on the risky side.

dreamcatcher - 12 Apr 2013 17:05 - 36 of 110

On Friday, Bank of Georgia Holdings PLC (BGEO:LSE) closed at 1,645, 0.30% below its 52-week high of 1,650, set on Apr 05, 2013.

dreamcatcher - 14 Apr 2013 18:30 - 37 of 110



Consensus Recommendation


Last Updated

Buy -- December 13 Apr 2013


http://www.reuters.com/finance/stocks/analyst?symbol=BGEO.L

dreamcatcher - 15 Apr 2013 18:09 - 38 of 110

As of Apr 12, 2013, the consensus forecast amongst 9 polled investment analysts covering Bank of Georgia Holdings PLC advises investors to purchase equity in the company. This has been the consensus forecast since the sentiment of investment analysts improved on Apr 03, 2013. The previous consensus forecast advised that Bank of Georgia Holdings PLC would outperform the market.

dreamcatcher - 22 Apr 2013 18:55 - 39 of 110

As of Apr 20, 2013, the consensus forecast amongst 9 polled investment analysts covering Bank of Georgia Holdings PLC advises investors to purchase equity in the company. This has been the consensus forecast since the sentiment of investment analysts improved on Apr 03, 2013. The previous consensus forecast advised that Bank of Georgia Holdings PLC would outperform the market.

dreamcatcher - 23 Apr 2013 17:07 - 40 of 110

Bank of Georgia: Bank of America raises target price from 1443.60p to 1765p, but downgrades to neutral.

dreamcatcher - 01 May 2013 16:15 - 41 of 110

Bank of Georgia Holdings PLC (BGEO:LSE) set a new 52-week high during today's trading session when it reached 1,660. Over this period, the share price is up 53.02%.

dreamcatcher - 02 May 2013 21:08 - 42 of 110

Double page covering Bank of Georgia in this weeks Shares mag, just to summarise -

Bank of Georgia lives the dream -

Last year more than half a million Russians came to Georgia, only this time they brought their wallets instead of tanks. Of the 4.3m tourists to visit Georgia in 2012, some 12% were Russian. The CEO of the Bank of Georgia Irakli Gilauri immediately makes it clear just how good that was for business. Profits reached record levels last year, the result of an 18% lending increase and a 21.2% rise in the value of its assets.
This growth was achieved on the back of a 6.5% surge in Georgia's GDP, in real terms.
Tourism has been one of the key drivers of the economy. ' We expect the number of tourists to continue to grow, especially after the warming up in our relationship with Russia,' says Gilauri. Georgia's economy is set to grow 6% this year and in 2014, according to the IMF. Bank of Georgia is expected to continue to grow with the economy. Its pre-tax profits are expected to increase to £101 million this year, according to consensus, before reaching £116 million in 2014. This will lead to a 242p earnings per share figuret this year and 281p next, up from 195p in 2012.

dreamcatcher - 03 May 2013 14:40 - 43 of 110

Bank of Georgia Holdings PLC (BGEO:LSE) set a new 52-week high during today's trading session when it reached 1,682. Over this period, the share price is up 57.79%.

dreamcatcher - 06 May 2013 20:39 - 44 of 110

As of May 03, 2013, the consensus forecast amongst 9 polled investment analysts covering Bank of Georgia Holdings PLC advises that the company will outperform the market. This has been the consensus forecast since the sentiment of investment analysts deteriorated on Apr 23, 2013. The previous consensus forecast advised investors to purchase equity in Bank of Georgia Holdings PLC.

dreamcatcher - 07 May 2013 15:29 - 45 of 110

Bank of Georgia Holdings PLC (BGEO:LSE) set a new 52-week high during today's trading session when it reached 1,755. Over this period, the share price is up 63.70%.

dreamcatcher - 07 May 2013 17:03 - 46 of 110

Bank of Georgia Holdings PLC (BGEO:LSE) set a new 52-week high during today's trading session when it reached 1,765. Over this period, the share price is up 65.01%.

dreamcatcher - 07 May 2013 18:56 - 47 of 110


Analyst Coverage
.

Company Analyst Email Target price
Bank of America Merrill Lynch Olga Veselova olga.veselova@baml.com GBP17.65
Citi Simon Nellis simon.nellis@citi.com GBP15.00
Oriel Securities Vivek Raja vivek.raja@orielsecurities.com 1700p
Seymour Pierce Sue Munden susanmunden@seymourpierce.com 1600p
Numis Securities James Hamilton j.hamilton@numis.com GBP17.03
VTB Capital Mikhail Shlemov mikhail.shlemov@vtbcapital.com GBP16.20
Renaissance Capital Milena Ivanova-Venturini MIvanovaVenturini@rencap.com GBP18.00
Visor Capital Renat Syzdykov res@visocap.com GBP14.79
Concorde Capital Olena Zuikova olz@concorde.com.ua GBP14.69
Canaccord Genuity Gareth Hunt ghunt@canaccordgenuity.com GBP16.10
Panmure Gordon & Co Keith Baird keith.baird@panmure.com GBP22.00
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