Bank of Georgia

Julgetel on nüüd võimalus Londonist osta Gruusia suurimat jaepanka, kes täna teatas ka olulisest laienemisest kindlustusturul. Majandustulemused on firmal väga head ja nii käive kui kasum on kiiresti kasvamas.

Bank of Georgia Announces Acquisition Of Aldagi By

Its Wholly-Owned Insurance Subsidiary BCI

JSC Bank of Georgia (LSE:BGEO) (GSE:GEB), a leading universal bank in Georgia,
announced today that BCI, its wholly-owned insurance subsidiary, has acquired a
100% equity interest in Aldagi, a leading insurance company in Georgia. The
consideration was GEL13.2 million (US$7.6 million1), of which GEL2.2 million
(US$1.3 million1) is payable after 12 months, subject to holdback provisions.

Aldagi is the leading insurance company in Georgia by Gross Premiums Written
(“GPW”), with a 23% market share as at September 30 2006, according to
information published by State Insurance Supervision Service of Georgia. As a
result of this transaction, BCI’s pro forma market share in Georgia exceeds 40%.
The overall size of the Georgian insurance (life and non-life) market measured
by GPW, is estimated at approximately GEL68.5 million (US$39.5 million1) based
on the annualized aggregate GPW of GEL51.4 million (US$29.6 million1) for the
nine months ended 30 September 2006. Both BCI and Aldagi, which is expected to
be merged into BCI by June 2007, are licensed to carry out life and non-life
insurance activities.

Lado Gurgenidze, Chairman of the Supervisory Board of Bank of Georgia,
commented, “I am delighted that the BCI team under Irakli Gilauri’s leadership,
has completed the acquisition of Aldagi, thereby creating the market leader in
the Georgian insurance market. Given the current penetration rate estimated at
approximately 0.5%2 of GDP, the insurance sector in Georgia is poised for rapid
growth over the next few years. The acquisition price of Aldagi of GEL13.2
million (US$7.6 million1) results in P/GPW ratio of 0.94, and is significantly
lower than the asking multiples for similar companies in Ukraine and elsewhere
in the CIS. Based on our track record of the timely and successful integration
of our previous acquisitions, in both banking and insurance sectors, I have full
confidence in our team’s ability to realize material financial and operational
synergies in the forthcoming integration of Aldagi”.

LHV, kuidas ma BGEO aktsiaid läbi teie osta saan? Trader BGEO-d ei taha kuvada.
Sama küsimus käib kasahhi Halyk Banki kohta. Kas Halyki aktsiad on üldse Londonis noteeritud või on tegu mingite muude finantsinstrumentidega?
Umbes 2 nädalat tagasi helistasin ühele LHV tüübile ja küsisin Bank of Georgia kohta, aga nad ei siis veel ei vahendanud. Kui huvi üles näidatakse, siis pidid vahendama hakkama. Peaks ütlema et huvi on olemas
Halyk Bank ja Bank of Georgia on Londonis kaubeldud IOB segmendis ning paraku antud osale LHV juurdepääsu ei võimalda.
Mida peaks siis huvi korral tegema?
Osta hansa kaudu. tänane uudis ka

Bank of Georgia (LSE: BGEO) (GSE: GEB), a leading universal bank in Georgia,
today announced that it has received the 'Bank of the Year 2006' award for
Georgia by The Banker, the publication of Financial Times Business Ltd, a member
of the Financial Times group of companies. The award, introduced in 2000, is
given to leading commercial and investment banks world-wide in recognition of
their achievements.

Lado Gurgenidze, Chairman of the Supervisory Board, commented: "I am very proud
of what our talented team has been able to achieve in the last two years. Bank
of Georgia has been at the forefront of the banking sector developments in
Georgia and I am delighted that The Banker's prestigious Bank of the Year award
for Georgia serves as recognition of the Bank's accomplishments in 2006. This
award complements the other prestigious award we received for the second
consecutive year - The Best Bank in Georgia 2006 Award for Excellence by
Euromoney."

About Bank of Georgia

Bank of Georgia, a leading universal Georgian bank, is the largest bank by total
assets, gross loans and total equity in the country. The bank has 98 branches
and over 380,000 retail clients. The bank offers a full range of retail banking
and corporate and investment banking services to its customers across Georgia.
The bank also provides a wide range of corporate and retail insurance products
through its wholly-owned subsidiary, BCI, as well as asset & wealth management
services.
Millal LHV võimaldab juurdepääsu Bank of Georgia'le?
siin veel yks huviline
Küsime siis uuesti. Kas üldse ja millal võimaldab LHV juurdepääsu Bank of Georgiale ning Halyk Bankile?
SEB igatahes ei võimalda ja ei hakka niipea võimaldama :-(( Kontrollitud. Ainus lootus on LHV.
Kuna klientide huvi suur riskantsemate turgude vastu, siis oleme uurimas võimalusi antud Londoni nimekirjas kauplemiseks, lähema kuu kahe jooksul seda siiski ei juhtu.
ostke Hansa kaudu :)
Halyk ja Bank of Georgia kauplevad vist mõlemad trailing P/E suhtega üle 20?
hansa kaudu min. kogus 1000 summas umbes 250 000.- eeki
saab vist vähem ka kui maakleritele helistada, hanza netis jah 1000 tk
ostsingi paar nädalat tagasi 26 usd tükk. Õnneks jõudsin eesti aktsiad peaaegu kõik maha müüa. Ei tea, kui tuleb globaalne langus, siis vist ei aita ka erinevate (arenevate) turgude vahel tõmblemine
kruvib juba 40 juurde, uus Hansapank on sündinud :)
Mul hakkasid silmad särama :) Huvitav oleks teada, mida teised asjast arvavad, kas peaks ka peale hyppama?
Tutvudes asjaga veidi kohapeal, selgus, et paralleel Bank of Georgia - kohalik Hansapank, on enam kui täpne võrdlus, seda ennekõike ettevõtte arengustrateegia ja selle elluviimise osas. Kuid seal on ka kohalik "Hoiupank," mis paraku minu teada välisbörsidel listitud ei ole ning hetkel pakub pea sama head kasvuvõimalust. Ülejäänud on juba pudinad.

Ainus siiani lahendamata probleem minu jaoks on see, kuidas mööda pääseda nõudest "hansa kaudu min. kogus 1000 summas umbes 250 000.- eeki" ning väikeste summadega juurde saada teistele seal listitud ettevõtetele. Kui keegi oskab mind aidata ses osas, oleksin väga tänulik.

Ei oma volitusi anda investeerimissoovitusi, kuid in long term tasuks IMHO "peale hüpata" küll. Ühtlasi tasuks meeles pidada, millisele ajaperioodile nende arengutase vastab ning seda, et seal on kohalik panga- ja börsikrahh veel olemata.
1000 aktsiat ei ole summas 250000 eeku vaid 450000 eeku ja see on tõesti suur probleem. Aitaks ehk see kui mitmed investorid paluksid Hansa maakleritel minimaalne aktsiakogus 100 või siis vähemalt 200 aktsia peale langetada. Ja muidugi oleks fondiemissioon tervitatav.