The new ceo piece which has been a near term doubt for the company seems to be sorting out. The name is announced. Do people know his execution ability in the past?
Some how the name of new MD is not in the list of panelist for this quarter Concall . We will be able to hear his views and vision next quarter onwards only . His work experience hints that we may see moderated growth but strong operations and compliances focus under his leadership
Dolly khanna has entered with 1.08% shareholding as per May shareholding patterns . Entry of big investors is normally a good signal
She owned Ujjiwan financial services, got the shares in Reverse merger
RBI has only approved his appointment yet. He will be among the panelists only after he joins the company - might take 3-4 months.
Isnāt the new MD appointed from 1 July?
Any idea when will Ujjivan SFB shares be transferred to former Ujjivan financial holders?
Process takes 30-45 days
why Iām not able to see my shares in portfolio?
Currently screener.in lists March 2024 holdings of Dolly Khanna as:
Ujjivan Financial Services Ltd: 1.40%
Ujjivan Small Finance Bank Ltd: 1.08%
Since the USFB share transfer might not have happened yet, 1.08% in USFB may be a new holding?
Because Ujjivan Financial Services is being merged with Ujjivan Small Finance Bank. You will be getting shares of 11.6 shares of Ujjivan SFB for every share you used to hold in Ujjivan Financial Services.
These shares of Ujjivan SFB should be credited to your demat account in next 20-35 days and get listed and start trading in 30-45 days
Dolly khanna holding in ujjivan fin was around 17.9 lakh shares and after conversion it became approx 2.07 cr shares of bankā¦its not a new purchase
As per my understanding New shares of bank should reflect in our holdings by next week.
The bank has guided for a best ever Q4.
In this quarter, 2 trends are being seen:
-
Results across mid caps are inconsistent. Q4 was good but Q3 was not-so-good and vice versa. Predicting the quarterly numbers hasnāt been that straightforward.
-
Markets hv their own assumptions in driving stock prices.
While ujjivan PPOP was 25% higher, PAT growth was weak although it met management guidance of record profit. NNPA surprisingly disappointed.
To me the numbers are below impressive, but letās see what market does.
The good news is that the process of crediting shares of USFB to the shareholders of former UFS has started and it is in an advanced stage. Hopefully the shares should be credited to the demat accounts during the earlier part of the coming week.
I am also slightly disappointed by the results that have been posted by the company.
one query regarding dividend declared by USFB. are shareholders of UFS eligible to receive dividend considering merger process is ongoing?
Yes they are, as the dividend payout will be sometime in August, and the new shares shall be pari passu with the existing shares. So there should not be any doubt in this regard.
Microsoft Word - 26_Intimation_Investor_PPT_20052024 (bseindia.com)
Good results and good guidance for FY25. While valuations are undemanding, the liquidity overhang from UFSL arbitrageurs looking to rush to sell later this week will potentially dampen the enthusiasm from the good results.
Just my 2 cents, āHighest ever profitsā and ārecord profitsā is the biggest sham there is. Federal Bank uses this terminology and so do some other Tier 2 banks. If banks do their job well, every year has to be by definition be ārecord profitsā (Ask Kotak & HDFC Bank, Donāt ask about their stock price though 
)
As for Results, despite great headline numbers, markets are more concerned about the directional changes or we can say, expected directionality of Ujjivanās performance.
Because ROA and ROE have been better in past quarters and because the āGoldilocksā period of Increasing AUM and NII growth coupled with sharply declining provisions seems to be coming to an end, market is likely to take that reality into consideration.
P.S - Predicting annual numbers has NEVER been straightforward, let alone Quarterly numbers 