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Rana
PriyanDV
malanp
tharindufit
Ethical Trader
hariesha
kass
Backstage
slstock
Market lover
Leon
mymoney
Jana1
Nuinth
කිත්සිරි ද සිල්වා
Rapaport
GroundedKestrel
Future123
sashimaal
HUNTER
pathfinder
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First Guy
smallville
29 posters
VFIN - where the journey leads it?
CK- Active Member
- Posts : 1393
Join date : 2015-11-01
First Guy- Posts : 2599
Join date : 2014-02-22
Best results by VFIN at many levels.
P/E - 5.7x
P/B - 1.5x
About the dividend - Total capital ratio is close to minimum level. Paying a higher dividend may be riskier.
May be we will see a rights or debenture issue soon? Or a Scrip dividend.
This chart will reflect that
P/E - 5.7x
P/B - 1.5x
About the dividend - Total capital ratio is close to minimum level. Paying a higher dividend may be riskier.
May be we will see a rights or debenture issue soon? Or a Scrip dividend.
Future123- Active Member
- Posts : 1435
Join date : 2014-04-09
DIVIDEND ANNOUNCEMENT
Date of Announcement: - 01.Jun.2016
Rate of Dividend: - Rs. 2.50 per share / First & Final Dividend
Financial Year: - 2015/2016
XD: - 10.Jun.2016
Payment: - 21.Jun.2016
Share Transfer Book Open
Date of Announcement: - 01.Jun.2016
Rate of Dividend: - Rs. 2.50 per share / First & Final Dividend
Financial Year: - 2015/2016
XD: - 10.Jun.2016
Payment: - 21.Jun.2016
Share Transfer Book Open
First Guy- Posts : 2599
Join date : 2014-02-22
As expected VFIN has been cautious about its dividend. Still not bad.
pathfinder- Top contributor
- Posts : 1450
Join date : 2014-02-23
It should, as it's in growth stage, better not to be extra genorus
First Guy- Posts : 2599
Join date : 2014-02-22
pathfinder wrote:It should, as it's in growth stage, better not to be extra genorus
Great to see you path!
slstock- Veteran
- Posts : 6216
Join date : 2014-06-12
VFIN dividend is a bit less than expected ( atleast by me) but by far nothing bad at this stage of their development
Future123- Active Member
- Posts : 1435
Join date : 2014-04-09
Annual Report - 2015/16
http://cse.lk/cmt/upload_report_file/949_1464952669899.pdf
Please at least go through the MD's report from pages 16 to 19.
VFIN is on the right track and I strongly believe they will record Rs. 1 billion profit in 2 to 3 years time.
The upcoming branch openings are in Mount Lavinia, Borella, Balangoda, Hanwella, Dambulla, Nuwara Eliya and Katugastota. (Source annual report page 19).
They have clearly explained how the challenges been converted to opportunities. This reminds me the journey with LFIN around 7 years ago when they were small. The management is very creative and proactive. The new products are very successful. Eg: Auto draft
Expansion really helped them reaching new customers. For me this is a future gem.
This is my personal view and not a promotion.
http://cse.lk/cmt/upload_report_file/949_1464952669899.pdf
Please at least go through the MD's report from pages 16 to 19.
VFIN is on the right track and I strongly believe they will record Rs. 1 billion profit in 2 to 3 years time.
The upcoming branch openings are in Mount Lavinia, Borella, Balangoda, Hanwella, Dambulla, Nuwara Eliya and Katugastota. (Source annual report page 19).
They have clearly explained how the challenges been converted to opportunities. This reminds me the journey with LFIN around 7 years ago when they were small. The management is very creative and proactive. The new products are very successful. Eg: Auto draft
Expansion really helped them reaching new customers. For me this is a future gem.
This is my personal view and not a promotion.
Leon- Top contributor
- Posts : 1264
Join date : 2014-03-11
I like to see the share holder base getting broaden. May be a good fund appearing in the T20.
First Guy- Posts : 2599
Join date : 2014-02-22
Leon wrote:I like to see the share holder base getting broaden. May be a good fund appearing in the T20.
size is too small maybe for big player to get in.
Future123- Active Member
- Posts : 1435
Join date : 2014-04-09
Good Q1 performance by VFIN (30/06/2016 Quarter ended).
Annualized EPS Rs. 12.57
NAV is Rs. 47.20
PE 4.8 times
PBV 1.3 times
http://cse.lk/cmt/upload_report_file/949_1470052589.pdf
Annualized EPS Rs. 12.57
NAV is Rs. 47.20
PE 4.8 times
PBV 1.3 times
http://cse.lk/cmt/upload_report_file/949_1470052589.pdf
Future123- Active Member
- Posts : 1435
Join date : 2014-04-09
Vallibel Finance lights up Borella and Mt. Lavinia with new branches
See more at: http://www.ft.lk/article/562358/Vallibel-Finance-lights-up-Borella-and-Mt--Lavinia-with-new-branches#sthash.23npdkqo.dpuf
See more at: http://www.ft.lk/article/562358/Vallibel-Finance-lights-up-Borella-and-Mt--Lavinia-with-new-branches#sthash.23npdkqo.dpuf
Future123- Active Member
- Posts : 1435
Join date : 2014-04-09
Another new branch opening at Balangoda.
http://www.vallibelfinance.com/wp-content/uploads/2016/09/BALANGODA-ENGLISH-20x10.jpg
http://www.vallibelfinance.com/wp-content/uploads/2016/09/BALANGODA-ENGLISH-20x10.jpg
SLfinancewatch- Posts : 8
Join date : 2015-05-28
Whats your expectation on VFIN 's Current Quarter Performances ? Im expecting 15.00+ annualized EPS
Future123- Active Member
- Posts : 1435
Join date : 2014-04-09
Another new branch opened at Uragasmanhandiya. This is the 4th new branch within 4 months.
http://www.vallibelfinance.com/?p=1391
I don't expect superb results in September quarter due to macro economy and unfavorable situation for leasing but VFIN is one of the most undervalued shares in the market for a solid medium / long term investment.
VFIN is a fast growing Finance company.
http://www.vallibelfinance.com/?p=1391
I don't expect superb results in September quarter due to macro economy and unfavorable situation for leasing but VFIN is one of the most undervalued shares in the market for a solid medium / long term investment.
VFIN is a fast growing Finance company.
SLFINANCEWATCH wrote:Whats your expectation on VFIN 's Current Quarter Performances ? Im expecting 15.00+ annualized EPS
Future123- Active Member
- Posts : 1435
Join date : 2014-04-09
Superb performance by VFIN under very difficult conditions. Quarterly EPS is Rs. 4.65. Significant increase in other operating income.
VFIN should be valued over Rs. 100/= as they are expanding very fast opening new branches through out the country.
The journey continues well..........
https://cdn.cse.lk/cmt/upload_report_file/949_1477908598981.09.2016.pdf
VFIN should be valued over Rs. 100/= as they are expanding very fast opening new branches through out the country.
The journey continues well..........
https://cdn.cse.lk/cmt/upload_report_file/949_1477908598981.09.2016.pdf
SLfinancewatch- Posts : 8
Join date : 2015-05-28
Normally VFIN deliver much better results in last quarter, So EPS will be 17.00+ and NAV will be 60.00+.
There will be a correction in mkt prices of VFIN, LFIN.( Both are too much undervalued )
Current PER is below 4.00 and PBV is 1.05
If mkt price reach 85.00, PER = 5.00, PBV = 1.33
If mkt price reach 102.00, PER = 6.00, PBV = 1.65
Last year EPS = 12.00 , This year EPS = 17.00 , 2018 March EPS = ?? minimum 22.00 , Then if they give Rs.2.50 dividend NAV as at march 2018 = 80.00,
Then within 12 months PER and PBV analysis will be like this.
Mkt price = 110.00, PER = 5.00, PBV = 1.40
Mkt price = 132.00, PER = 6.00, PBV = 1.65
Meanwhile if interest rates drop PER of 9.00 and PBV 2.00 is possible ( like in 2014 ).
Mkt price = 160.00, PER 7.40, PBV = 2.00
Any comments..
There will be a correction in mkt prices of VFIN, LFIN.( Both are too much undervalued )
Current PER is below 4.00 and PBV is 1.05
If mkt price reach 85.00, PER = 5.00, PBV = 1.33
If mkt price reach 102.00, PER = 6.00, PBV = 1.65
Last year EPS = 12.00 , This year EPS = 17.00 , 2018 March EPS = ?? minimum 22.00 , Then if they give Rs.2.50 dividend NAV as at march 2018 = 80.00,
Then within 12 months PER and PBV analysis will be like this.
Mkt price = 110.00, PER = 5.00, PBV = 1.40
Mkt price = 132.00, PER = 6.00, PBV = 1.65
Meanwhile if interest rates drop PER of 9.00 and PBV 2.00 is possible ( like in 2014 ).
Mkt price = 160.00, PER 7.40, PBV = 2.00
Any comments..
Future123- Active Member
- Posts : 1435
Join date : 2014-04-09
Agree with you SLFinanceWatch.
VFIN is one of the most neglected share trading around 3.6 PER. VFIN performs much better than its competitors where others reported drop in earnings.
VFIN is a growing company and they keep on increasing the dividend every year. This June we can expect around 3.50 to 4.00 dividend which is a good yield.
VFIN deserves to trade at least 50% of the market PER. The market PER is 12.5 times and even if we discount 50% to market PER then VFIN should trade at 6 times PER making VFIN valued at Rs. 105 (17.5/= * 6 PER)
Soon many will realize the potential of VFIN and start collect this value gem.
VFIN is one of the most neglected share trading around 3.6 PER. VFIN performs much better than its competitors where others reported drop in earnings.
VFIN is a growing company and they keep on increasing the dividend every year. This June we can expect around 3.50 to 4.00 dividend which is a good yield.
VFIN deserves to trade at least 50% of the market PER. The market PER is 12.5 times and even if we discount 50% to market PER then VFIN should trade at 6 times PER making VFIN valued at Rs. 105 (17.5/= * 6 PER)
Soon many will realize the potential of VFIN and start collect this value gem.
Ethical Trader- Top contributor
- Posts : 5568
Join date : 2014-02-28
Thanks guys for your contributions.
SLfinancewatch- Posts : 8
Join date : 2015-05-28
Future 123,
Yes, you are spot on, Keep collecting this as I'm doing in a smaller way.
Yes, you are spot on, Keep collecting this as I'm doing in a smaller way.
SLfinancewatch- Posts : 8
Join date : 2015-05-28
SLfinancewatch- Posts : 8
Join date : 2015-05-28
Oh ohhh...
Vfin ....
Last qtr annualized eps 21...
Eps 17.50
Nav 61.50
Vfin ....
Last qtr annualized eps 21...
Eps 17.50
Nav 61.50
SLfinancewatch- Posts : 8
Join date : 2015-05-28
Last Quarter Annualized EPS : Rs. 21.17 PE at 70/- = 3.30
Last Year EPS : Rs. 17.48 PE at 70/- = 4.00
Sector PE 7.50
Last Year EPS : Rs. 17.48 PE at 70/- = 4.00
Sector PE 7.50
Future123- Active Member
- Posts : 1435
Join date : 2014-04-09
Vallibel Finance opens branch in Nuwara Eliya
http://www.ft.lk/article/618613/Vallibel-Finance-peaks-to-new-heights-in-Nuwara-Eliya
Dealings by Director - 14th June 2017
https://cdn.cse.lk/cmt/uploadAnnounceFiles/7921497870936_949.pdf
http://www.ft.lk/article/618613/Vallibel-Finance-peaks-to-new-heights-in-Nuwara-Eliya
Dealings by Director - 14th June 2017
https://cdn.cse.lk/cmt/uploadAnnounceFiles/7921497870936_949.pdf
First Guy- Posts : 2599
Join date : 2014-02-22
Good last quarter isn't it? It was better than what I was expecting given the outlook for finance companies
But very low impairments in the accounts
But very low impairments in the accounts
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