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කිත්සිරි ද සිල්වා
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29 posters
VFIN - where the journey leads it?
smallville- Top contributor
- Posts : 1872
Join date : 2014-02-23
Location : Trying to figure out..
GroundedKestrel- Posts : 292
Join date : 2014-11-28
Woohooo.. Dividend XD tomorrow 
smallville- Top contributor
- Posts : 1872
Join date : 2014-02-23
Location : Trying to figure out..
Oops... I missed the XD.. It seems this has not hold ground today also so no hopes for tomorrow to hold 59 either 
Future123- Active Member
- Posts : 1435
Join date : 2014-04-09
http://cse.lk/cmt/upload_report_file/949_1433414195.pdf
Annual report is out. Seems like the journey is going very well and VFIN has a very positive outlook in the future. The management is continuously focusing on growth and expansion.
People who really know the value of VFIN would hold this for amazing returns in the next few quarters.
Annual report is out. Seems like the journey is going very well and VFIN has a very positive outlook in the future. The management is continuously focusing on growth and expansion.
People who really know the value of VFIN would hold this for amazing returns in the next few quarters.
Future123- Active Member
- Posts : 1435
Join date : 2014-04-09
The Director started buying again. He knows the potential of VFIN.
http://www.cse.lk/cmt/uploadAnnounceFiles/1241433486282_949.pdf
http://www.cse.lk/cmt/uploadAnnounceFiles/1241433486282_949.pdf
GroundedKestrel- Posts : 292
Join date : 2014-11-28
Time for iron nerves and steel balls people.
Don't falter.
Don't falter.
First Guy- Posts : 2599
Join date : 2014-02-22
It's good to have the weaker holders drop out (same happening with PARQ?)
CIND and VFIN dropped considerably after dividend was announced.
CIND and VFIN dropped considerably after dividend was announced.
smallville- Top contributor
- Posts : 1872
Join date : 2014-02-23
Location : Trying to figure out..
First Guy wrote:It's good to have the weaker holders drop out (same happening with PARQ?)
CIND and VFIN dropped considerably after dividend was announced.
But I doubt neither of these are weak in their fundamental values.. I was specially interested in VFIN & PARQ.. Yes PARQ was not up to the expectations of us yet delivered well enuf.. More or less I feel like fallin below 63-65 is a game.. If market has no strength, if ppl fear on parliament dissolvement news, 55 would not even hold ground.
Then VFIN, as per earnings, its still trading below 2PBV amidst a good 2 rupee dividend.. Something aint right..
Jana1- Top contributor
- Posts : 630
Join date : 2014-02-23
Profit booming counters always show price appriciation in the recent mkt. Less attention is given to NAV. Say Rexp, COCR, Tyre. I guess PARQ is that track. VFIN is also same but top guys may not prefer.
Future123- Active Member
- Posts : 1435
Join date : 2014-04-09
I think as far it's trading at a PE below 10 and NAV less than 2 it's very safe. VFIN deserves to be trading at a premium due to expansion and profit growth Q on Q.
VFIN opens at least 6 branches a year and we can see earnings growth in the future. For me this is a stock for the future. The future dividends will be much higher than present once they open up the branches.
VFIN opens at least 6 branches a year and we can see earnings growth in the future. For me this is a stock for the future. The future dividends will be much higher than present once they open up the branches.
First Guy- Posts : 2599
Join date : 2014-02-22
smallville wrote:First Guy wrote:It's good to have the weaker holders drop out (same happening with PARQ?)
CIND and VFIN dropped considerably after dividend was announced.
But I doubt neither of these are weak in their fundamental values.. I was specially interested in VFIN & PARQ.. Yes PARQ was not up to the expectations of us yet delivered well enuf.. More or less I feel like fallin below 63-65 is a game.. If market has no strength, if ppl fear on parliament dissolvement news, 55 would not even hold ground.
Then VFIN, as per earnings, its still trading below 2PBV amidst a good 2 rupee dividend.. Something aint right..
I didn't mean the stocks as weak. I meant those 'weak' holders of the stock. As I mentioned in the SDB thread as I remember, there are some who get into a speeding bus, panic and sell when it stops shortly afterwards. I find these to be different to long term investors and technical traders but those who just try to join the bandwagon. They are capable of taking a stock high and bring it low as well.
pathfinder- Top contributor
- Posts : 1450
Join date : 2014-02-23
First Guy wrote:
I didn't mean the stocks as weak. I meant those 'weak' holders of the stock. As I mentioned in the SDB thread as I remember, there are some who get into a speeding bus, panic and sell when it stops shortly afterwards. I find these to be different to long term investors and technical traders but those who just try to join the bandwagon. They are capable of taking a stock high and bring it low as well.
Correction happens when stocks move from shaky weak hands to stronger hands.At the moment VFIN and PARQ are showing real time examples.
Jana1- Top contributor
- Posts : 630
Join date : 2014-02-23
Guys, PARQ is not going to show any big profit in Q2, but if sum1 know its capability, they could collect it...
But that is construction industry, could be vulnerable quite high compare to banking. If you are happy with the profit simple say Bye. Don't dream too much...
But that is construction industry, could be vulnerable quite high compare to banking. If you are happy with the profit simple say Bye. Don't dream too much...
Future123- Active Member
- Posts : 1435
Join date : 2014-04-09
Going cheap at 55/=. Very good price for collection.
This will be the next LFIN.
This will be the next LFIN.
mymoney- Posts : 544
Join date : 2014-08-06
VFIN, PARQ both have retraced 50% of the recent run.
GroundedKestrel- Posts : 292
Join date : 2014-11-28
https://www.cse.lk/cmt/upload_cse_announcements/3681434701795_.pdf
This guy is a boss! Nearly 50,000 shares purchased... again!
Inspiration to all Managing Directors everywhere! Uses his hard earned money to buy stock in the entity he runs. If that isn't having skin in the game, i don't know what is!
This guy is a boss! Nearly 50,000 shares purchased... again!
Inspiration to all Managing Directors everywhere! Uses his hard earned money to buy stock in the entity he runs. If that isn't having skin in the game, i don't know what is!
Leon- Top contributor
- Posts : 1264
Join date : 2014-03-11
GroundedKestrel wrote:https://www.cse.lk/cmt/upload_cse_announcements/3681434701795_.pdf
This guy is a boss! Nearly 50,000 shares purchased... again!
Inspiration to all Managing Directors everywhere! Uses his hard earned money to buy stock in the entity he runs. If that isn't having skin in the game, i don't know what is!
He is the fourth (Not sure) in the list now. I don't think he is risking his money. And also he doesn't sell.
He knows true value & the potential of the company.
Future123- Active Member
- Posts : 1435
Join date : 2014-04-09
He is the best person who knows the company's position better than anyone. Now he has started buying from his wife's account. Within 3 days around 50,000 shares been collected and this time wife has collected more shares than him.
For me VFIN is a share which can easily reach 200/= within 4 years or well before as the expansion is rapidly happening and Q on Q profit growth is seen. LFIN had a similar growth like this couple of years ago.
http://cse.lk/cmt/uploadAnnounceFiles/1631434701869_949.pdf
For me VFIN is a share which can easily reach 200/= within 4 years or well before as the expansion is rapidly happening and Q on Q profit growth is seen. LFIN had a similar growth like this couple of years ago.
http://cse.lk/cmt/uploadAnnounceFiles/1631434701869_949.pdf
First Guy- Posts : 2599
Join date : 2014-02-22
Future123 wrote:He is the best person who knows the company's position better than anyone. Now he has started buying from his wife's account. Within 3 days around 50,000 shares been collected and this time wife has collected more shares than him.
For me VFIN is a share which can easily reach 200/= within 4 years or well before as the expansion is rapidly happening and Q on Q profit growth is seen. LFIN had a similar growth like this couple of years ago.
http://cse.lk/cmt/uploadAnnounceFiles/1631434701869_949.pdf
It's always best not to follow someone without knowing their strategy and investment goals. Most here seem to be (long term) investors so it's 'ok' I think. At least now we can say that the MD will ensure that the company performs
Let's not go giving out too optimistic prices. yes it is a possibility but it has to keep growing at a good pace for next four years. One has to evaluate it step by step. Even if it reports 10/- EPS for each of next four years, VFIN should at least double in price by then.
Future123- Active Member
- Posts : 1435
Join date : 2014-04-09
Director purchased again on 22,23 & 24 June.
http://cse.lk/cmt/uploadAnnounceFiles/4841435211057_949.pdf
The AGM is tomorrow morning. Does anyone plan to go?
http://cse.lk/cmt/uploadAnnounceFiles/4841435211057_949.pdf
The AGM is tomorrow morning. Does anyone plan to go?
GroundedKestrel- Posts : 292
Join date : 2014-11-28
Not in the country at the moment.
It would be really great if a good samaritan who went for the AGM would give us a summary on its happenings.
Thank you in advance!
It would be really great if a good samaritan who went for the AGM would give us a summary on its happenings.
Thank you in advance!
Future123- Active Member
- Posts : 1435
Join date : 2014-04-09
Don' worry. Nothing much happened. They passed all the resolutions. Spoke briefly to the management and they are very confident about the future progress. DP did not come.
GroundedKestrel- Posts : 292
Join date : 2014-11-28
Future123 wrote:Don' worry. Nothing much happened. They passed all the resolutions. Spoke briefly to the management and they are very confident about the future progress. DP did not come.
Thank you Future
I appreciate it. Rep from me!
GroundedKestrel- Posts : 292
Join date : 2014-11-28
Oh BTW Future.. did they say anything about their expansion strategy?
Future123- Active Member
- Posts : 1435
Join date : 2014-04-09
GroundedKestrel wrote:Oh BTW Future.. did they say anything about their expansion strategy?
They said the growth will continue in the current year as well. Not mentioned about specific branch openings.
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