VFIN - where the journey leads it?

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.

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 .

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.

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.

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?"

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
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

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

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.    

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!
.

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.

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

Up by Rs.3.70 today