YES BANK still has a lot more to go ! OUTPERFORMANCE TO CONTINUE | ANALYSIS

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by Warren Buffet Jr., Apr 11, 2017.

  1. Warren Buffet Jr.

    Warren Buffet Jr. New Member

    Joined:
    Apr 8, 2017
    Messages:
    15
    Likes Received:
    16
    Yes Bank is a phenomenal stock, has been proved to be a multibagger too.
    Yes Bank still has a lot of steam, it has been hitting its new high for some time now & will continue to do so.
    YES BANK recently raised Rs.4906 Cr. through QIP which will aid the bank's growth for the upcoming years.
    Some number crunching -
    -CAGR EPS 5year growth : 16.8% (Great, above 15%)
    -CAGR PAT 5year growth : 21.05 % (Great, above 20%) ('12-'16)
    -No. of Branches has grown at 36% YoY. (Rapid Expansion)
    -Increase in CASA Ratio to 33%(FY17) with a 2020 target of 40%.
    -Healthy Loan & NIM growth. (NIM currently at 3.5%)
    -ROE stands at 22.3% (Great, above 20%)

    Yes bank's strategy of targeting cash rich regions of India for branch expansion has helped, to propel forward in terms deposit of levels.

    Over 70% analysts have ‘buy’ rating :

    Read more at :
    http://economictimes.indiatimes.com...ofinterest&utm_medium=text&utm_campaign=cppst

    I had previously booked profits in YES bank but I have added it again to my portfolio.

    Disclaimer : My views are personal, do a due diligence before investing.
     
    Last edited: Apr 12, 2017
    BKJ, kharb and adi16 like this.
  2. adi16

    adi16 Member

    Joined:
    Dec 30, 2015
    Messages:
    40
    Likes Received:
    15
    I am of the same view. It's my biggest holding since Rs900. And plan to hold for many more years.
    I am just not getting opportunity to add more on declines as it's constantly going up.

    It has strong retail focus and recent capital raise will accelerate this even further.
    EPS is estimated to grow 25% for next 3 years.
     
    Warren Buffet Jr. and kharb like this.
  3. kharb

    kharb Well-Known Member

    Joined:
    Aug 15, 2015
    Messages:
    878
    Likes Received:
    565
    Yes Bank is one of the best bets in Pvt Banking.It is also my top pick of the sector and holding it since it was in mid double digit.
     
    Warren Buffet Jr. likes this.
  4. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

    Joined:
    Sep 8, 2015
    Messages:
    3,386
    Likes Received:
    1,819
    yes bank 's very attractive point is " almost it is having very very low and negligible NPA "
    it will reflect it's management capabilities ....
     
    adi16 and Warren Buffet Jr. like this.
  5. Warren Buffet Jr.

    Warren Buffet Jr. New Member

    Joined:
    Apr 8, 2017
    Messages:
    15
    Likes Received:
    16
    That's really great @adi16 ! Hold On buddy!
     
    adi16 likes this.
  6. BKJ

    BKJ New Member

    Joined:
    Jun 5, 2016
    Messages:
    11
    Likes Received:
    14
    It is my largest holding. When I made investment it was 10% of my portfolio, now it has grown to 20% without any planned portfolio churning.
     
  7. Warren Buffet Jr.

    Warren Buffet Jr. New Member

    Joined:
    Apr 8, 2017
    Messages:
    15
    Likes Received:
    16
  8. Warren Buffet Jr.

    Warren Buffet Jr. New Member

    Joined:
    Apr 8, 2017
    Messages:
    15
    Likes Received:
    16
    That's really great! @BKJ That's the beauty of YES Bank! :)
     
    Last edited: Apr 17, 2017
  9. adi16

    adi16 Member

    Joined:
    Dec 30, 2015
    Messages:
    40
    Likes Received:
    15
    Good results but asset quality worsens due to one-off spike in new NPL. Risk-return still attractive ?

    I believe so, will keep adding on dips..

    Your thoughts ?
     
    kharb likes this.
  10. Warren Buffet Jr.

    Warren Buffet Jr. New Member

    Joined:
    Apr 8, 2017
    Messages:
    15
    Likes Received:
    16
    Well,yes that may be a concern, but not the major one considering the other factors I have mentioned above & it still maintains strong profitability profile, I'm looking at the bigger picture. Considering the price at which you made investment Rs900 you're still way high in terms of profits! Why worry then!? consider this an add opportunity, or I would suggest you to book a partial profit, to stay safe.

    Cheers!
     
    Last edited: Apr 20, 2017 at 7:17 PM
    adi16 likes this.
  11. adi16

    adi16 Member

    Joined:
    Dec 30, 2015
    Messages:
    40
    Likes Received:
    15
    Thanks, I will look to add on dips whenever possible.
     
    Warren Buffet Jr. likes this.
Loading...