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The year 2018 started well for Bank of Cyprus ( OTCPK:BKCYF ). As soon as the quarterly results were published the stock gained 15% in just one day. Yet it is fair to mention the stock has been going down the last couple of months due to (I suppose) the worries of the deep sea drilling disp...
For the year 2017, Bank of Cyprus ( OTCPK:BKCYF ) has reported a € 554 million loss. For most, this was not a surprise and mainly due to the € 500 million provision charge the Bank announced in Q2 2017. In my last article , I showed that BOC is getting healthier quarter after q...
Until now, most of you got to know me for following banks trading way below tangible book value. Banks are my circle-of-competence and my investments in Eurobank ( EGFEF ) and Bank of Cyprus ( OTCPK:BKCYF ) are typical value plays. But that’s not the only way you reap good returns f...