The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» Thread for News on Local and Foreign Politics
Today at 8:00 am by serene

» Thread for News on International Markets
Today at 7:56 am by The Invisible

» Thread for News on CSE and SL Economy
Today at 7:52 am by The Invisible

» DIPD.N0000 (Dipped Products)
Today at 7:18 am by The Invisible

» SAMP.N0000 (SAMPATH BANK PLC)
Today at 7:16 am by The Invisible

» TAFL - Three Acre Farms
Today at 7:14 am by The Invisible

» RCL - Royal Ceramics
Today at 7:12 am by The Invisible

» HAYL.N0000 Hayleys PLC
Today at 7:08 am by The Invisible

» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
Yesterday at 11:21 pm by PANTOMATH

» Will YOU VOTE for ME if I run for SL PRESIDENCY?
Yesterday at 6:41 pm by Brave Heart

» Dividend Announcement
Yesterday at 6:01 pm by Ethical Trader

» How to trade Stock profitably?
Yesterday at 11:55 am by indramal

» What are investing methods in Sri Lanka?
Yesterday at 6:39 am by indramal

» අනං මනං! #/+?.<>
Mon Nov 12, 2018 7:57 pm by Yin-Yang

» Thread for General News Local/Foreign
Mon Nov 12, 2018 7:57 am by serene

» Anybody invest New York or Landon Stock Exchange?
Sat Nov 10, 2018 8:53 am by කිත්සිරි ද සිල්වා

» JKH.N0000
Fri Nov 09, 2018 10:49 am by ruwan326

» HAYC - Haycarb
Fri Nov 09, 2018 10:30 am by The Invisible

» WATA - Watawala
Fri Nov 09, 2018 10:22 am by The Invisible

» AAIC.N0000
Fri Nov 09, 2018 10:10 am by The Invisible

» Asian markets rally as investors see positive in US gridlock
Fri Nov 09, 2018 8:02 am by serene

» CSE RISE , RIDING ETHICALLY
Wed Nov 07, 2018 5:53 am by pjrngroup

» Constitutional Crisis – close to $ 100mn flees stock/bond markets last week
Tue Nov 06, 2018 6:38 pm by serene

» HHL.N0000 ( Hemas Holdings PLC)
Tue Nov 06, 2018 8:43 am by The Invisible

» Weldone Serene for 4000 + posts
Tue Nov 06, 2018 7:44 am by serene

» Real Estate Market in Sri Lanka- A booming Industry or a Bubble?
Tue Nov 06, 2018 7:36 am by serene

» Asiri Hospitals PLC - ASIR
Mon Nov 05, 2018 11:58 am by The Invisible

» Flying is the Safest mode of Transport
Sat Nov 03, 2018 8:44 am by කිත්සිරි ද සිල්වා

» REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)
Fri Nov 02, 2018 7:45 pm by Brave Heart

» What MOTTOs/PRINCIPLEs do YOU follow in LIFE ?
Thu Nov 01, 2018 4:14 pm by Seyon

» LDEV - Lankem Developments
Thu Nov 01, 2018 2:23 pm by The Invisible

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
Thu Nov 01, 2018 12:43 pm by The Invisible

» MTD Walkers (KAPI)
Thu Nov 01, 2018 11:54 am by The Invisible

» SERV - The Kingsbury
Thu Nov 01, 2018 10:12 am by The Invisible

» LFIN - LB Finance
Thu Nov 01, 2018 10:03 am by The Invisible

» PABC.N0000 (Pan Asia Banking Corporation PLC)
Thu Nov 01, 2018 9:56 am by The Invisible

» Sri Lanka jumps 11 places to 100th rank in World Bank’s Doing Business index
Thu Nov 01, 2018 9:52 am by The Invisible

» Banking Sector
Thu Nov 01, 2018 9:50 am by The Invisible

» All Share index crosses 6,000 points
Thu Nov 01, 2018 8:20 am by Brave Heart

» Asian Hotels and Properties September net down 48-pct
Thu Nov 01, 2018 8:17 am by Brave Heart

» Sri Lanka rupee weakens; stocks rally slows
Thu Nov 01, 2018 8:13 am by Brave Heart

» TJL.N0000 (Textured Jersey Lanka PLC.)
Wed Oct 31, 2018 7:27 pm by PANTOMATH

» Whats ailing Sri Lanka ? Why we are what we are!
Wed Oct 31, 2018 6:07 pm by Ethical Trader

» Sri Lankan rivals tempt defectors to swing crisis
Wed Oct 31, 2018 9:41 am by The Invisible

» Sri Lanka’s Piramal Glass in Sept quarter loss as costs rise
Wed Oct 31, 2018 9:36 am by The Invisible

» Sri Lanka President could dissolve parliament if interim budget is defeated: Wijedasa
Wed Oct 31, 2018 9:34 am by The Invisible

» Sri Lanka political crisis hikes debt rollover risk: Fitch
Wed Oct 31, 2018 9:31 am by The Invisible

» Sri Lankan political standoff could threaten reforms: S&P Ratings
Wed Oct 31, 2018 9:29 am by The Invisible

» Giant pro-democracy rally in Sri Lanka capital
Wed Oct 31, 2018 9:27 am by The Invisible

» Postponing reforms will make Sri Lanka lag behind peers, central bank warns
Wed Oct 31, 2018 9:22 am by The Invisible

November 2018
SunMonTueWedThuFriSat
    123
45678910
11121314151617
18192021222324
252627282930 

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

VFIN - where the journey leads it?

Page 5 of 9 Previous  1, 2, 3, 4, 5, 6, 7, 8, 9  Next

Go down

Re: VFIN - where the journey leads it?

Post by slstock on Wed Aug 26, 2015 12:42 pm

Nostalgia :

Found some saved comments I made on VFIN many years ago :
Fun to read now.

-------------------------------

Date : May 2013

VFIN price then : Rs 32 !!

slstock wrote:
First take a look at the report

http://www.cse.lk/cmt/upload_report_file/949_1369741250951.pdf

EPS 7.04 . YoY growth 22% under a difficult year
Current PE is around 4.5
NAV is 22.5

VFIN has been a growing very rapidly.

Their Capital requirement ratios are a bit worrying but this seems to be sign of a very aggressive company.

Is is still in a primary stage but is it going in the foot steps of LFIN ? ( still not sure why DP needs LFIN and VFIN)

Their branch expansion are happening and decent Dividend of Rs 1.25 - 1.5 possible soon.


Seems to be a worthy investment for the agressive or not? What are you views.


-----------------------------------------------------
Date : Nov 25 2013

VFIN price then : Rs 30.1 !!

slstock wrote:
those who silently watch and act during these "dull" time might get rewarded handsomely in the future.

I see 3 shares on my watch gaining more interest than usual. VFIN is 1 of them. The other one I talked about already. Some huge orders appear and dissapear ( but without filling )

The 3rd.. is not a "big" share in anyway .

-----------------------------------------------------
Jul 10, 2014

VFIN price : Rs 35

slstock wrote:
CRL has potential to grow fast as their branch network is still less. But right not I think VFIN is going to grow faster.


-------------------------------------------------------
2015

slstock wrote:
Update on Feb 16th VFIN:

Is VFIN getting ready for a run ? Compared to COCR this is worth clearly over Rs 60. Now at Rs 49. If it does LFIN can also run.

---------------------------------------------------------

Am sure if I dig more I can find better/more detailed analytical posts

_________________
Never listen to anyone including myself without your own study. Only few truly genuine people exist in this world.
Please read : http://forum.lankaninvestor.com/t1548-important-warning-and-message
---------
avatar
slstock
Veteran
Veteran

Posts : 5372
Join date : 2014-06-12

Back to top Go down

Re: VFIN - where the journey leads it?

Post by GroundedKestrel on Wed Aug 26, 2015 12:45 pm

I am a very happy man because of you Smile. Your sage advice kept me for losing my cool and thinking objectively. CIND also paid off handsomely too.
avatar
GroundedKestrel

Posts : 282
Join date : 2014-11-28

Back to top Go down

Re: VFIN - where the journey leads it?

Post by Future123 on Wed Aug 26, 2015 1:19 pm

Thank you Sls. Full credit to you for highlighting this gem since Rs. 30. Still we have a long way to go with this and this grows day-by-day.

Future123
Active Member
Active Member

Posts : 1435
Join date : 2014-04-09

Back to top Go down

Re: VFIN - where the journey leads it?

Post by First Guy on Thu Aug 27, 2015 12:06 am

A point to note - opening new branches does not have to mean more profits. There will be increased cost, at least at first. Then how about other finance companies in that area and the competition level? It depends on how much they market and manage to get in more customers.

avatar
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Re: VFIN - where the journey leads it?

Post by Backstage on Thu Aug 27, 2015 9:50 am

We expect the next quarter to be good for fin companies, if the rates keep on increasing, wouldn't the profits start to reflect that ?
avatar
Backstage
Top contributor
Top contributor

Posts : 3312
Join date : 2014-02-24

Back to top Go down

Re: VFIN - where the journey leads it?

Post by GroundedKestrel on Thu Aug 27, 2015 9:57 am

Slstock, I am curious as to if you have you found the answer to your own question above? " still not sure why DP needs LFIN and VFIN?"
avatar
GroundedKestrel

Posts : 282
Join date : 2014-11-28

Back to top Go down

Re: VFIN - where the journey leads it?

Post by slstock on Thu Aug 27, 2015 1:11 pm

Well, I think in one of DP interviews he gave a reason. I forgot what as the reason did not strike me as special probably.

But, its good there is a VFIN ( company) separate from LFIN Wink Think why with respect to VFIN ( as your interest is on VFIN)



GroundedKestrel wrote:Slstock, I am curious as to if you have you found the answer to your own question above? " still not sure why DP needs LFIN and VFIN?"

_________________
Never listen to anyone including myself without your own study. Only few truly genuine people exist in this world.
Please read : http://forum.lankaninvestor.com/t1548-important-warning-and-message
---------
avatar
slstock
Veteran
Veteran

Posts : 5372
Join date : 2014-06-12

Back to top Go down

Re: VFIN - where the journey leads it?

Post by GroundedKestrel on Thu Aug 27, 2015 4:34 pm

First VFIN ad released! Very Happy

https://www.youtube.com/watch?v=6VU5HsqHdyw

Hmmm.. you pose an interesting question Slstock. So far the only differences that i can tell (i have not studied LFIN) is that LFIN is more urban-centric whilst VFIN is targeted more towards the middle class. What about their gold portfolios?

I need to think more on this..
avatar
GroundedKestrel

Posts : 282
Join date : 2014-11-28

Back to top Go down

Re: VFIN - where the journey leads it?

Post by Future123 on Thu Aug 27, 2015 8:27 pm

Oh my god...this is our Fib on achi boy no. Very intelligent boy and missing his videos.

GK, when you said first ad from VFIN I was excited to see it. I guess VFIN has not done any TV advertising before. I asked myself many times why they don't advertise on electronic media and my answer was that they are still too small in terms of number of branches. They should open at least another 10 branches for the advertisement to reach the Island.

Therefore, they should slowly increase the number of branches and make a profit of at least Rs. 150 million a quarter may be in a years time. For the time being I'm very happy about their growth in terms of number of branches and profit growth. If they can maintain the profit growth of 20% to 30% a year then sure VFIN will rock in the future.


Future123
Active Member
Active Member

Posts : 1435
Join date : 2014-04-09

Back to top Go down

Re: VFIN - where the journey leads it?

Post by First Guy on Fri Aug 28, 2015 6:50 am

Didn't understand the first line Future.

Anyway I think you either get too optimistic or too pessimistic on certain things Very Happy

Just a word of caution not to get carried away with the new branches. Initially it can be added cost. I agree with you that the positive effect of commercials will not be seen with few branches and they need more for that to be effective.

The commercial is very similar to COCR Very Happy
avatar
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Re: VFIN - where the journey leads it?

Post by Future123 on Fri Aug 28, 2015 8:45 am

FG, when I clicked the link it took me somewhere and Fib on Achi boy appeared. I don't know how it happened. Very Happy  Very Happy  Very Happy

https://www.youtube.com/watch?v=HNQVQubFPU4

Yes. I know that opening new branches is a burden on the P&L initially but the benefits would start in years or quarters to come. As I have traveled with LFIN over 6 years I know how they expanded. Now my dividend yield from LFIN is over 25% and I never thought of selling LFIN unless it becomes overvalued or manipulated to 250 or 300 at present conditions and earnings.

Anyway, GK, where this advertisement appeared? On which channel? I never watched?

Just got some info about next 2 branch openings. Wattala and Warakapola. But don't know how truth is this.

Future123
Active Member
Active Member

Posts : 1435
Join date : 2014-04-09

Back to top Go down

Re: VFIN - where the journey leads it?

Post by GroundedKestrel on Fri Aug 28, 2015 10:42 am

A friend of mine mentioned it in passing that he had seen it at some corporate event. Then i did some research and found the ad. I do not know if they have launched it on our local television channels as of yet though.

Haha.. what happened to him? he used to be so involved in the other forum.
avatar
GroundedKestrel

Posts : 282
Join date : 2014-11-28

Back to top Go down

Re: VFIN - where the journey leads it?

Post by Future123 on Tue Sep 08, 2015 9:22 am

VFIN trading at attractive prices. Good opportunity to add more. Hoping for an EPS in excess of Rs. 10 for 2015/16.

VFIN has added at least 5 to 6 branches compared to the beginning of 2014/15. Future is bright with VFIN. You need to have patience to enjoy the full benefit of this growing company.

Future123
Active Member
Active Member

Posts : 1435
Join date : 2014-04-09

Back to top Go down

Re: VFIN - where the journey leads it?

Post by First Guy on Tue Sep 08, 2015 10:23 pm

Again, new branches won't being profits instantly. It will take time as you said so no need to keep posting the same thing friend Wink

Other branches may contribute to the profit but new ones will initially affect it. Be sure to check all angles. Never be at either end of optimism and pessimism Smile
avatar
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Re: VFIN - where the journey leads it?

Post by කිත්සිරි ද සිල්වා on Tue Sep 08, 2015 10:26 pm

I agree.
But be careful that you too would be branded a Attacker than a Challenger.   Very Happy  Rolling Eyes
First Guy wrote:Again, new branches won't being profits instantly. It will take time as you said so no need to keep posting the same thing friend Wink
Other branches may contribute to the profit but new ones will initially affect it. Be sure to check all angles. Never be at either end of optimism and pessimism Smile
avatar
කිත්සිරි ද සිල්වා
Top contributor
Top contributor

Posts : 7485
Join date : 2014-02-23
Age : 60
Location : රජ්ගම

Back to top Go down

Re: VFIN - where the journey leads it?

Post by slstock on Tue Sep 08, 2015 10:32 pm

Kithsiri, is this a continuation on the issue on your political comments and matter on Chinwi?
Best not continue it to VFIN. If he comes we can discuss that. Right now Chinwi matter should be looked at more depth and sensitivity.




කිත්සිරි ද සිල්වා wrote:I agree.
But be careful that you too would be branded a Attacker than a Challenger.   Very Happy  Rolling Eyes

_________________
Never listen to anyone including myself without your own study. Only few truly genuine people exist in this world.
Please read : http://forum.lankaninvestor.com/t1548-important-warning-and-message
---------
avatar
slstock
Veteran
Veteran

Posts : 5372
Join date : 2014-06-12

Back to top Go down

Re: VFIN - where the journey leads it?

Post by කිත්සිරි ද සිල්වා on Tue Sep 08, 2015 10:43 pm

You can take it whichever way you want to see it. Very Happy
slstock wrote:Kithsiri, is this a continuation on the issue on  your political comments and matter  on Chinwi?
Best not continue it to VFIN.  If he comes we can discuss that. Right now Chinwi matter should be looked at more depth and sensitivity. 

කිත්සිරි ද සිල්වා wrote:I agree.
But be careful that you too would be branded a Attacker than a Challenger.   Very Happy  Rolling Eyes
avatar
කිත්සිරි ද සිල්වා
Top contributor
Top contributor

Posts : 7485
Join date : 2014-02-23
Age : 60
Location : රජ්ගම

Back to top Go down

Re: VFIN - where the journey leads it?

Post by GroundedKestrel on Tue Sep 08, 2015 10:53 pm

Come now children Surprised

Let us put this quarelling aside and look into the matter at hand. My personal favourite stock has gone from Rs.73 to Rs.63.20 in a relatively short space of time! No

Looked at the new list of Ministry Secretaries. It's a decent mix of both main parties. That and most the Financial Ministerial powers being divided up between Ranil, Malik, Kabir, Harsha/Eran.. Ravi boy won't have much room to mess with DP's stocks. Anyway, businessmen play the double game so i don't think he wouldn't waited without putting a substantial amount in both parties coffers.
avatar
GroundedKestrel

Posts : 282
Join date : 2014-11-28

Back to top Go down

Re: VFIN - where the journey leads it?

Post by slstock on Tue Sep 08, 2015 11:05 pm

Kithsiri, this is getting ugly and unnecessary taking topics off focus due to political views.
Chinwi is also not here, so take the "attack" or "challenge" after ( if) he returns here.
I told you how he felt.


Now lets continue on VFIN...


Guys , no need to worry about Ravi K effects on every DP company. There is no general way to effect 1
or 2 finance companies of person where 1000s of depositers are there

Also why worry about VFIn at RS 63.5 from Rs 72.5? Most part was correction. A little bit more on a too much red market. Many other shares came more % wise.

I am only concerned about one little thing on VFIN ( nothing political) presently but it may improve after september results . So lets see.

_________________
Never listen to anyone including myself without your own study. Only few truly genuine people exist in this world.
Please read : http://forum.lankaninvestor.com/t1548-important-warning-and-message
---------
avatar
slstock
Veteran
Veteran

Posts : 5372
Join date : 2014-06-12

Back to top Go down

Re: VFIN - where the journey leads it?

Post by pathfinder on Wed Sep 09, 2015 7:33 pm

GroundedKestrel wrote:

Let us put this quarelling aside and look into the matter at hand. My personal favourite stock has gone from Rs.73 to Rs.63.20 in a relatively short space of time! No
.

You don't have to worry if you are a MT or a LT investor.
If you are a trader you could have sell high and wait till the right time comes to
re-enter
avatar
pathfinder
Top contributor
Top contributor

Posts : 1334
Join date : 2014-02-23
Age : 37

Back to top Go down

Re: VFIN - where the journey leads it?

Post by GroundedKestrel on Wed Sep 09, 2015 9:24 pm

Thank you. I'm an investor Path, LT Smile. What about you?

Up by Rs.3.70 today Smile
avatar
GroundedKestrel

Posts : 282
Join date : 2014-11-28

Back to top Go down

Re: VFIN - where the journey leads it?

Post by GroundedKestrel on Thu Sep 10, 2015 1:57 pm

slstock wrote:

I am only concerned about one little thing on VFIN ( nothing political) presently but it may improve after september results . So lets see.


Hmmmm this "problem" got me thinking quite a bit. Slstock, is it the capital requirement ratio? hence the need to capitalise.. or the loan book vs public deposits spread?
avatar
GroundedKestrel

Posts : 282
Join date : 2014-11-28

Back to top Go down

Re: VFIN - where the journey leads it?

Post by pathfinder on Thu Sep 10, 2015 7:18 pm

GroundedKestrel wrote:Thank you. I'm an investor Path, LT Smile. What about you?

Up by Rs.3.70 today Smile

I'm mostly a trader.
avatar
pathfinder
Top contributor
Top contributor

Posts : 1334
Join date : 2014-02-23
Age : 37

Back to top Go down

Re: VFIN - where the journey leads it?

Post by GroundedKestrel on Wed Sep 16, 2015 11:50 am

Down by Rs.2.30! affraid

Something to do with this vehicle leasing business? Wouldn't this wipe out "petti-kada" finance companies and further strengthen the strong ones?

I wish people thought long term Neutral
avatar
GroundedKestrel

Posts : 282
Join date : 2014-11-28

Back to top Go down

Re: VFIN - where the journey leads it?

Post by GroundedKestrel on Thu Sep 17, 2015 10:31 am

Still dropping..... scratch
avatar
GroundedKestrel

Posts : 282
Join date : 2014-11-28

Back to top Go down

Page 5 of 9 Previous  1, 2, 3, 4, 5, 6, 7, 8, 9  Next

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum