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On 20th December 2022, I participated in the Ghana Stock Pitch competition at the Ghana Stock exchange.
I successfully took the 4️⃣th position.
📌My final recommendation was a BUY for CalBank PLC stocks due to the following factors below;
Good Accounting & Stock Liquidity: Cal Banks short term debt obligations are well covered by current assets and so business continuity is guaranteed. Also, Cal
s trading summary over the past years ranks first in the banking industry (and 2nd in the entire market) , therefore, Investors of Cal bank will not have any issue when the need be that they convert their investment to cash.
Major business efficiency indicators like Profit margins, EPS, ROA, ROE, gross margins and total assets are all in it`s best and relatively better than industry averages.
Share price significantly UNDERVALUED with a great potential of increase within the shortest possible time
Notable Dividend`s: CAL bank remain one of the few CORPORATIONS that pays dividends to its shareholders.
Well Positioned Under various Regulation Policies. (Non Performing Loans, Capital Adequacy Ratio, )