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

Display results as :
 


Rechercher Advanced Search

Latest topics
» ෆයිසර් මුස්තාපාට එරෙහිව විශ්වාස භංගයක්?
Today at 2:52 pm by Yin-Yang

» CUBA FOUND A CANCER VACCINE! MORE THAN 4 THOUSAND PEOPLE HAVE ALREADY BEEN CURED BY IT!
Today at 1:44 pm by Ethical Trader

» 'සිම්හල ද්වීපයේ පද්මාවතිය' හා අර්බුදයට මැදිවූ පද්මාවතී එක් තැනැත්තියක් ද ?
Today at 1:22 pm by Ethical Trader

» ඉන්දියාව 'බ්‍රහ්මෝස්' සාර්ථක බව කියයි
Yesterday at 10:26 am by Ethical Trader

» How to Calculate the Future Value of an Investment
Wed Nov 22, 2017 11:46 am by Ethical Trader

» මුගාබේ ඉවත් වීමත් සමඟ 'හරාරේ' සැණකෙළි සිරි ගනියි
Wed Nov 22, 2017 11:34 am by Ethical Trader

» විසිපස් වසරක් ගෙවුනත් ඉල්ලීම් ඉටුවී නැහැ - නිදහස් මාධ්‍ය ව්‍යාපාරය
Wed Nov 22, 2017 11:30 am by Ethical Trader

» Dividend Announcement
Wed Nov 22, 2017 11:21 am by Ethical Trader

» කොටස් වෙළෙඳපොළේ ලැයිස්තුගත කෙරෙන අලුත්ම සමාගම – LVL Energy Fund Limited
Mon Nov 20, 2017 7:42 pm by nihal123

» අගමැති රනිල් බැඳුම්කර කොමිසම හමුවේ පැවසුවේ මොනවාද?
Mon Nov 20, 2017 7:08 pm by Ethical Trader

» Obituary Notice.
Mon Nov 20, 2017 3:03 pm by කිත්සිරි ද සිල්වා

» උතුරු කොරියාවේ "සබ්මැරීන බැලිස්ටික් මිසයිල වැඩසටහනකුත්"
Mon Nov 20, 2017 11:34 am by Ethical Trader

» උතුරු කොරියාව සහ න්‍යෂ්ඨික ප්‍රහාර: "නීති විරෝධී නියෝග පිළිපදින්නේ නෑ"
Mon Nov 20, 2017 11:28 am by Ethical Trader

» 'සොල්දාදුවාගේ සිරුරේ අඟල් එකොළහක පණුවෙක්'
Sun Nov 19, 2017 1:13 pm by කිත්සිරි ද සිල්වා

» මිනිස්සු දුවනවා, අපි නැවතිලා බලන් ඉන්නවා.
Fri Nov 17, 2017 5:46 pm by Ethical Trader

» Plantation sector updates
Fri Nov 17, 2017 11:54 am by lanka

» සිම්බාබ්වේ: ජනාධිපති රොබට් මුගාබේ "අත්අඩංගුවේ"
Fri Nov 17, 2017 9:54 am by Ethical Trader

» ආයෝජනයට ශ්‍රීලංකාවට එන්න එපා.! ජාත්‍යන්තර සමාගම් නිවේදනයකට සැරසෙයි
Wed Nov 15, 2017 8:15 pm by Admin

» Soldiers 'take over Zimbabwe broadcaster'
Wed Nov 15, 2017 5:52 am by කිත්සිරි ද සිල්වා

» බටහිර ලෝකය භේද කරන බවට රුසියාවට චෝදනා
Tue Nov 14, 2017 5:26 pm by Ethical Trader

» යුද අපරාධ සහ අතුරුදහන් කිරීම්: ශ්‍රී ලංකාවේ මානව හිමිකම් වාර්තාව ජිනීවා විමසුමට
Tue Nov 14, 2017 10:56 am by Ethical Trader

» ඉරාන, ඉරාක භූමිකම්පාවෙන් 200 කට වැඩි පිරිසක් මරුට
Mon Nov 13, 2017 5:27 pm by Ethical Trader

» මැද පෙරදිග බල තරඟය දරුණු අතට හැරෙයි
Mon Nov 13, 2017 3:16 pm by guruji

» වචන නම් අපේ ඒත් තනුව ?????????
Sun Nov 12, 2017 2:28 am by Rana

» දිල්ලියේ පරිසරය රැකීමට වාහන සලාක ක්‍රමයක්
Fri Nov 10, 2017 7:05 pm by Ethical Trader

» අයවැය සහ මෝටර් රථ: නව පිළිවෙතක්
Thu Nov 09, 2017 5:42 pm by Ethical Trader

» Flying is the Safest mode of Transport
Thu Nov 09, 2017 3:12 pm by කිත්සිරි ද සිල්වා

» In the Meantime, Within Our Shores !
Thu Nov 09, 2017 10:13 am by කිත්සිරි ද සිල්වා

» වංචා දුෂණ නඩු කඩිනම් කරන්න විශේෂ මහාධිකරණයක්
Wed Nov 08, 2017 4:54 pm by කිත්සිරි ද සිල්වා

» LIOC.N0000 (Lanka IOC PLC)
Wed Nov 08, 2017 4:48 pm by Ethical Trader

» ගින්නෙන් දැවෙන අලි පැටවාගේ සේයාරුව පළමු තැනට
Wed Nov 08, 2017 4:35 pm by Ethical Trader

» 10 Things to Remember Before You Take Things Personally
Tue Nov 07, 2017 5:38 pm by Ethical Trader

» හැම තැනම නැහැ, හැම දාම නැහැ
Tue Nov 07, 2017 5:30 pm by Ethical Trader

» Beware !
Mon Nov 06, 2017 10:56 am by CK

» සාම සාධක මෙහෙයුම් නිරීක්ෂණය කරන පළමු ශ්‍රී ලාංකික හමුදා නිලධාරිනියෝ
Sun Nov 05, 2017 12:44 pm by කිත්සිරි ද සිල්වා

» How to Find Undervalued Stocks and Turn a Large Profit
Sat Nov 04, 2017 11:24 am by Ethical Trader

» ඒකාබද්ධ විපක්ෂ කණ්ඩායමෙන් ශ්‍රීලනිපට කොන්දේසි හතක්
Thu Nov 02, 2017 6:29 pm by nihal123

» Taste of Asia
Thu Nov 02, 2017 12:27 pm by Ethical Trader

» නිව් යෝර්ක් ප්‍රහාරය : අවම වශයෙන් 8 දෙනෙක් මරුට
Wed Nov 01, 2017 5:48 pm by Ethical Trader

» NTB.N0000 (NATIONS TRUST BANK PLC)
Wed Nov 01, 2017 5:43 pm by Ethical Trader

» Laughter the Best Medicine
Wed Nov 01, 2017 11:48 am by Ethical Trader

» VPEL.N0000 (VALLIBEL POWER ERATHNA PLC )
Wed Nov 01, 2017 8:15 am by yellow knife

» TJL.N0000 (Textured Jersey Lanka PLC.)
Wed Nov 01, 2017 8:07 am by yellow knife

» TPL.N0000 (TALAWAKALE PLANTATIONS )
Wed Nov 01, 2017 7:56 am by yellow knife

» BFL.N0000 (Bairaha Farms PLC)
Tue Oct 31, 2017 7:16 pm by CK

» LLUB & BFL
Tue Oct 31, 2017 11:41 am by yellow knife

» HUNA.N0000
Tue Oct 31, 2017 9:26 am by yellow knife

» Sri Lanka's got Talent
Mon Oct 30, 2017 11:31 pm by sashimaal

» Govt.electrocutes CEB
Mon Oct 30, 2017 9:53 pm by AjithR

» තනි පුද්ගල ණය ලක්ෂ 5 ට ආසන්නයි
Mon Oct 30, 2017 7:46 pm by nihal123

November 2017
SunMonTueWedThuFriSat
   1234
567891011
12131415161718
19202122232425
2627282930  

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

View previous topic View next topic Go down

Re: VFIN - where the journey leads it?

Post by Future123 on Tue Nov 17, 2015 8:32 pm

Backstage wrote:http://www.cse.lk/cmt/upload_cse_announcements/1121447741108_.pdf

Rangamuwa and DP both buying.

Thought I will try beat Future to the post. Razz

Was little busy today and only checked what has happened in the market just now. Thanks Backstage for taking the lead.

K.D.A Perera is the brother of DP and one of the top share holders of VFIN and a Director. He too purchased a big quantity along with MD.

VFIN is one of the best stocks in the medium term irrespective of the budget outcome. If you hold this for 1 to 2 years sure you are a winner.

Vallibel will be extending its presence to Wattala, Balangoda, Dambulla and Hikkaduwa in the near future - See more at: http://www.ft.lk/article/496873/Vallibel-Finance-expands-reach-to-Piliyandala-and-Warakapola#sthash.B7jd8HWQ.dpuf

Future123
Active Member
Active Member

Posts : 1417
Join date : 2014-04-09

Back to top Go down

Re: VFIN - where the journey leads it?

Post by Backstage on Tue Nov 17, 2015 10:02 pm

Wc, was just teasing you about the VFIN enthusiasm.
avatar
Backstage
Top contributor
Top contributor

Posts : 3191
Join date : 2014-02-24

Back to top Go down

Re: VFIN - where the journey leads it?

Post by Future123 on Wed Jan 27, 2016 7:19 pm

VFIN - what a performance Laughing Laughing Laughing Laughing Laughing Laughing

Annualized EPS - Rs. 13.36 (Based on quarterly results)

Annualized EPS - Rs. 11.20 (Based on 9 months results)

Quarterly Profit after tax improved by 32%

http://cse.lk/cmt/upload_report_file/949_1453893327114.pdf

Future123
Active Member
Active Member

Posts : 1417
Join date : 2014-04-09

Back to top Go down

Re: VFIN - where the journey leads it?

Post by First Guy on Thu Jan 28, 2016 8:12 am

Good performance from VFIN.

5.4% increase in net interest Q/Q
Rise in other operating income
Lower impairments
Higher taxes paid due to higher profits reported
Quarter ROE above 30%
Highest profit before impairments

TTM EPS = 11.29/-, P/E = 5.6x, P/BV 1.5x



avatar
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Re: VFIN - where the journey leads it?

Post by Rapaport on Thu Jan 28, 2016 1:02 pm

Brilliant results but unfortunately not reflected in the share price

The whole market is dragging such shares down. There is actually enough sellers coming in below 65 to support the buying and thats not a good sign.

Rising interest rates, contracting credit, reduced vehicle imports, higher taxes, increasing inflation, poor market sentiment, possible increase in loan impairments can affect finance sector shares and i expect their earning to reduce more than 20% from current levels in the coming year, reducing appeal to buy these shares!

Cheers!
avatar
Rapaport
Top contributor
Top contributor

Posts : 441
Join date : 2014-02-23

Back to top Go down

Re: VFIN - where the journey leads it?

Post by Ethical Trader on Thu Jan 28, 2016 2:41 pm

Thanks FG & Rap for your analysis.

True but, knowing the guys who manage our banking sector (they never take risks as their counterparts take in the West and know how to pass the costs to the customer), they would still show results by transferring part of the costs to the public. We all know how they smooth sailed unaffected by the past worldwide economic issues.
avatar
Ethical Trader
Top contributor
Top contributor

Posts : 2952
Join date : 2014-02-28

Back to top Go down

Re: VFIN - where the journey leads it?

Post by tharindufit on Thu Jan 28, 2016 2:51 pm

I see there's two people in the forum, Positive guys about immediate future of CSE and negative guys about future of CSE. I'm on positive side. People like @Rapaport always on negative side. But that's good to add balance! :-) We usually see the minority liking gets executed in last months. It seems like even good financial shares doesn't seem to have a run in near future!

tharindufit

Posts : 158
Join date : 2015-09-22
Location : Colombo, Sri Lanka

Back to top Go down

Re: VFIN - where the journey leads it?

Post by Rapaport on Thu Jan 28, 2016 3:32 pm

tharindufit wrote:I see there's two people in the forum, Positive guys about immediate future of CSE and negative guys about future of CSE. I'm on positive side. People like @Rapaport always on negative side. But that's good to add balance! :-) We usually see the minority liking gets executed in last months. It seems like even good financial shares doesn't seem to have a run in near future!

This is perhaps the first time i have been negative for 3 months in a row. You need to read my previous posts between 2014- early 2015....

I do not write much but i make it a point to be logical and give valid reasons.

The reasons I point out are voiced out by many outside the forum. Markets move before the economy performs/under performs... Investors always look ahead and buy stocks. The current earnings are past performance which we see now...

Yes i am negative for now. I am invested 25% in stocks and 75% Gilt funds and short term FDs

Cheers!
avatar
Rapaport
Top contributor
Top contributor

Posts : 441
Join date : 2014-02-23

Back to top Go down

Re: VFIN - where the journey leads it?

Post by Future123 on Thu Jan 28, 2016 4:16 pm

Rapaport wrote:Brilliant results but unfortunately not reflected in the share price

The whole market is dragging such shares down. There is actually enough sellers coming in below 65 to support the buying and thats not a good sign.

Rising interest rates, contracting credit, reduced vehicle imports, higher taxes, increasing inflation, poor market sentiment, possible increase in loan impairments can affect finance sector shares and i expect their earning to reduce more than 20% from current levels in the coming year, reducing appeal to buy these shares!

Cheers!

VFIN is expanding to rural areas and I could see many positives from this. They are moving away from traditional leasing and concentrating on micro finance and grameen loans which brings highest returns. BLI is the best example for this.

Future123
Active Member
Active Member

Posts : 1417
Join date : 2014-04-09

Back to top Go down

Re: VFIN - where the journey leads it?

Post by Rapaport on Thu Jan 28, 2016 4:47 pm

But will they have business in a high interest rate and high inflation environment from the rural area's??

Perhaps you should take a sample of 10 banking/Finance shares and go through their 10 year earning history (annual reports). Compare the 10 year profits with the previous balance of Payments crisis of 2008-2009 and 2011-2012 and will show you the way EPS dropped despite growth in top line for some companies.

We are facing a similar situation this time as well.....

Cheers!
avatar
Rapaport
Top contributor
Top contributor

Posts : 441
Join date : 2014-02-23

Back to top Go down

Re: VFIN - where the journey leads it?

Post by First Guy on Fri Jan 29, 2016 8:18 am

VFIN has too much cost compared to income. Maybe new branches are contributing to that. It can make it work from there. But risk that Rapa mentioned is there too.

LFIN is at a much mature level. 4.8x P/E is a bit low, don't you think?
avatar
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Re: VFIN - where the journey leads it?

Post by malanp on Fri Jan 29, 2016 8:26 am

Rapaport predicted LFIN can be collected at 80.. 
what happened to that prediction.???

now LFIN is 110 and no sign of coming down to 100 level...

What I feel is always people predict the future for their own sake, no corelation to the reality..

People who use a scientific approch are different.. so the best thing is not to predict the future share prices,, more one predict more you show your nudity..

malanp

Posts : 341
Join date : 2014-03-04

Back to top Go down

Re: VFIN - where the journey leads it?

Post by Rapaport on Fri Jan 29, 2016 9:58 am

Malanp

I never mentioned a time frame. Wait till result season is over and lets see...

Cheers.
avatar
Rapaport
Top contributor
Top contributor

Posts : 441
Join date : 2014-02-23

Back to top Go down

Re: VFIN - where the journey leads it?

Post by Future123 on Fri Jan 29, 2016 10:37 am

Over cautious is good but it leads to loss of opportunities.

Is there any business in the world which does not have any risk???????

Best option for non risk takers is to go for treasury bills and FDs.


Future123
Active Member
Active Member

Posts : 1417
Join date : 2014-04-09

Back to top Go down

Re: VFIN - where the journey leads it?

Post by Rapaport on Fri Jan 29, 2016 11:35 am

avatar
Rapaport
Top contributor
Top contributor

Posts : 441
Join date : 2014-02-23

Back to top Go down

Re: VFIN - where the journey leads it?

Post by Future123 on Fri Jan 29, 2016 1:23 pm


This Yahapal aanduva is going to kill the country. This is going to increase the inflation further. The companies will pass the cost increase to consumers and poor citizens will suffer more. Is this the change that everyone expected Mad Mad Mad Mad Mad Mad Mad Mad Mad Mad

Future123
Active Member
Active Member

Posts : 1417
Join date : 2014-04-09

Back to top Go down

Re: VFIN - where the journey leads it?

Post by Rapaport on Fri Jan 29, 2016 1:44 pm

Just for fun

Mervyn criticises leasing firms lol

https://www.youtube.com/watch?v=_8qGyS2Qj2w
avatar
Rapaport
Top contributor
Top contributor

Posts : 441
Join date : 2014-02-23

Back to top Go down

Re: VFIN - where the journey leads it?

Post by Rapaport on Fri Jan 29, 2016 1:46 pm

Future 123

This is what i have been telling for weeks now! CBSL is breaking many records we really do not want to hear about!

This is all due to election promises and not to forget previous regime burdens!

Cheers!
avatar
Rapaport
Top contributor
Top contributor

Posts : 441
Join date : 2014-02-23

Back to top Go down

Re: VFIN - where the journey leads it?

Post by Rapaport on Fri Jan 29, 2016 1:51 pm

avatar
Rapaport
Top contributor
Top contributor

Posts : 441
Join date : 2014-02-23

Back to top Go down

Re: VFIN - where the journey leads it?

Post by Future123 on Wed Mar 09, 2016 11:26 am

Now trading at 47/=.

Expected EPS over 12/= and trading at 3.9 times.

A possible dividend of 3/= in May.

Future123
Active Member
Active Member

Posts : 1417
Join date : 2014-04-09

Back to top Go down

Re: VFIN - where the journey leads it?

Post by PriyanDV on Wed Mar 09, 2016 11:45 am

But now Revised Taxation can be effect for company profits . Isn't it ?

PriyanDV

Posts : 15
Join date : 2014-10-15

Back to top Go down

Re: VFIN - where the journey leads it?

Post by Future123 on Thu Mar 10, 2016 3:20 pm

Wattala branch opened.

http://www.dailynews.lk/?q=2016/01/29/business/vallibel-finance-opens-branch-wattala

More to come this year. Balangoda, Dambulla and Hikkaduwa.

Future123
Active Member
Active Member

Posts : 1417
Join date : 2014-04-09

Back to top Go down

Interim Financial Statements as of 31-03-2016

Post by Rana on Tue May 17, 2016 5:21 pm


Rana
Top contributor
Top contributor

Posts : 1238
Join date : 2015-12-16

Back to top Go down

Re: VFIN - where the journey leads it?

Post by slstock on Tue May 17, 2016 5:39 pm

slstock wrote:

VFIN :

I estimate VFIN to report about Rs3.5 - Rs 4 eps for March.
Dividend about Rs 3.

Let see how close we can get.


No matter who says what VFiN theoraticallly to me is valued more than
COCR, HDFC and BLI. One can argue one can push .. but if one remembers
the comment I made when COCR was Rs 60-70 and VFIN was trading below that , all i can say now is COCR is Rs 50 now and VFIN is Rs 67


Ref :
http://forum.lankaninvestor.com/t5227p225-lfin-future#68066

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



VFIN March report out today.

Quarter Eps 3.95 ( see above post for the estimate made )

Yearly Rs 12.35
Net Assets : 46.62

_________________
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
---------

If someone finds an Avatar of me in cyberspace commenting and you are unsure, Keep asking deeper questions until you are satisfied to distinguish between the Real and the Avatar. The real answers questions directly and deeply Wink

---------
avatar
slstock
Veteran
Veteran

Posts : 4998
Join date : 2014-06-12

Back to top Go down

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

View previous topic View next topic Back to top


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