The Investor Sentiment - Equity and investments forum for Sri Lankans

Join the forum, it's quick and easy

The Investor Sentiment - Equity and investments forum for Sri Lankans
The Investor Sentiment - Equity and investments forum for Sri Lankans
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting
Search
Display results as :
Advanced Search
Latest topics
CCS.N0000 ( Ceylon Cold Stores)Wed Mar 20, 2024 11:31 amHawk Eye
When Will It Be Safe To Invest In The Stock Market Again?Wed Apr 19, 2023 6:41 amකිත්සිරි ද සිල්වා
Dividend AnnouncementsWed Apr 12, 2023 5:41 pmකිත්සිරි ද සිල්වා
MAINTENANCE NOTICE / නඩත්තු දැනුම්දීමThu Apr 06, 2023 3:18 pmකිත්සිරි ද සිල්වා
SEYB.N0000 (Seylan Bank PLC)Thu Mar 30, 2023 9:25 amyellow knife
The Korean Way !Wed Mar 29, 2023 7:09 amකිත්සිරි ද සිල්වා
In the Meantime Within Our Shores! Mon Mar 27, 2023 5:51 pmකිත්සිරි ද සිල්වා
What is Known as Dementia?Fri Mar 24, 2023 10:09 amකිත්සිරි ද සිල්වා
SRI LANKA TELECOM PLC (SLTL.N0000)Mon Mar 20, 2023 5:18 pmකිත්සිරි ද සිල්වා
THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)Mon Mar 20, 2023 5:10 pmකිත්සිරි ද සිල්වා
Equinox ( වසන්ත විෂුවය ) !Mon Mar 20, 2023 4:28 pmකිත්සිරි ද සිල්වා
COMB.N0000 (Commercial Bank of Ceylon PLC)Sun Mar 19, 2023 4:11 pmකිත්සිරි ද සිල්වා
REXP.N0000 (Richard Pieris Exports PLC)Sun Mar 19, 2023 4:02 pmකිත්සිරි ද සිල්වා
RICH.N0000 (Richard Pieris and Company PLC)Sun Mar 19, 2023 3:53 pmකිත්සිරි ද සිල්වා
Do You Have Computer Vision Syndrome?Sat Mar 18, 2023 7:36 amකිත්සිරි ද සිල්වා
LAXAPANA BATTERIES PLC (LITE.N0000)Thu Mar 16, 2023 11:23 amකිත්සිරි ද සිල්වා
What a Bank Run ?Wed Mar 15, 2023 5:33 pmකිත්සිරි ද සිල්වා
104 Technical trading experiments by HUNTERWed Mar 15, 2023 4:27 pmkatesmith1304
GLAS.N0000 (Piramal Glass Ceylon PLC)Wed Mar 15, 2023 7:45 amකිත්සිරි ද සිල්වා
Cboe Volatility Index Tue Mar 14, 2023 5:32 pmකිත්සිරි ද සිල්වා
AHPL.N0000Sun Mar 12, 2023 4:46 pmකිත්සිරි ද සිල්වා
TJL.N0000 (Tee Jey Lanka PLC.)Sun Mar 12, 2023 4:43 pmකිත්සිරි ද සිල්වා
CTBL.N0000 ( CEYLON TEA BROKERS PLC)Sun Mar 12, 2023 4:41 pmකිත්සිරි ද සිල්වා
COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))Fri Mar 10, 2023 4:43 pmyellow knife
Bitcoin and Cryptocurrency Fri Mar 10, 2023 1:47 pmකිත්සිරි ද සිල්වා
CSD.N0000 (Seylan Developments PLC)Fri Mar 10, 2023 10:38 amyellow knife
PLC.N0000 (People's Leasing and Finance PLC) Thu Mar 09, 2023 8:02 amකිත්සිරි ද සිල්වා
Bakery Products ?Wed Mar 08, 2023 5:30 pmකිත්සිරි ද සිල්වා
NTB.N0000 (Nations Trust Bank PLC)Sun Mar 05, 2023 7:24 amකිත්සිරි ද සිල්වා
Going South Sat Mar 04, 2023 10:47 amකිත්සිරි ද සිල්වා
When Seagulls Follow the TrawlerThu Mar 02, 2023 10:22 amකිත්සිරි ද සිල්වා
Re-activatingSat Feb 25, 2023 5:12 pmකිත්සිරි ද සිල්වා
SAMP.N0000 (Sampath Bank PLC)Wed Nov 30, 2022 8:24 amකිත්සිරි ද සිල්වා
APLA.N0000 (ACL Plastics PLC)Fri Nov 18, 2022 7:49 amකිත්සිරි ද සිල්වා
AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.Wed Nov 16, 2022 9:28 pmකිත්සිරි ද සිල්වා
Banks, Finance & Insurance Sector ChartTue Nov 15, 2022 5:26 pmකිත්සිරි ද සිල්වා
VPEL.N0000 (Vallibel Power Erathna PLC)Sun Nov 13, 2022 12:15 pmකිත්සිරි ද සිල්වා
DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.Mon Nov 07, 2022 6:36 pmකිත්සිරි ද සිල්වා
WATA - WatawalaSat Nov 05, 2022 8:44 amකිත්සිරි ද සිල්වා
KFP.N0000(Keels Food Products PLC)Sat Nov 05, 2022 8:42 amකිත්සිරි ද සිල්වා
Capital Trust Broker in difficulty?Fri Oct 21, 2022 5:25 pmකිත්සිරි ද සිල්වා
IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?Thu Oct 20, 2022 10:13 amකිත්සිරි ද සිල්වා
What Industry Would You Choose to Focus?Tue Oct 11, 2022 6:39 pmකිත්සිරි ද සිල්වා
Should I Stick Around, or Should I Follow Others' Lead?Tue Oct 11, 2022 9:07 amකිත්සිරි ද සිල්වා
DV-2024 Program: Online RegistrationThu Oct 06, 2022 11:26 amකිත්සිරි ද සිල්වා
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?

+25
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
Ukboy
serene
First Guy
smallville
29 posters
Go down
smallville
smallville
Top contributor
Top contributor
Posts : 1872
Join date : 2014-02-23
Location : Trying to figure out..

VFIN - where the journey leads it? - Page 2 Empty Re: VFIN - where the journey leads it?

Mon Jun 01, 2015 1:56 pm
I dont think buying this at 60 would be a big issue.. After all, it has value and a Rs. 2/- divi too..
GroundedKestrel
GroundedKestrel
Posts : 292
Join date : 2014-11-28

VFIN - where the journey leads it? - Page 2 Empty Re: VFIN - where the journey leads it?

Thu Jun 04, 2015 11:22 am
Woohooo.. Dividend XD tomorrow Very Happy
smallville
smallville
Top contributor
Top contributor
Posts : 1872
Join date : 2014-02-23
Location : Trying to figure out..

VFIN - where the journey leads it? - Page 2 Empty Re: VFIN - where the journey leads it?

Thu Jun 04, 2015 8:38 pm
Oops... I missed the XD.. It seems this has not hold ground today also so no hopes for tomorrow to hold 59 either Sad
avatar
Future123
Active Member
Active Member
Posts : 1435
Join date : 2014-04-09

VFIN - where the journey leads it? - Page 2 Empty Re: VFIN - where the journey leads it?

Thu Jun 04, 2015 8:59 pm
Message reputation : 100% (1 vote)
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.


avatar
Future123
Active Member
Active Member
Posts : 1435
Join date : 2014-04-09

VFIN - where the journey leads it? - Page 2 Empty Re: VFIN - where the journey leads it?

Fri Jun 05, 2015 1:34 pm
Message reputation : 100% (1 vote)
The Director started buying again. He knows the potential of VFIN.

http://www.cse.lk/cmt/uploadAnnounceFiles/1241433486282_949.pdf
GroundedKestrel
GroundedKestrel
Posts : 292
Join date : 2014-11-28

VFIN - where the journey leads it? - Page 2 Empty Re: VFIN - where the journey leads it?

Fri Jun 05, 2015 1:58 pm
Time for iron nerves and steel balls people.

Don't falter.
First Guy
First Guy
Posts : 2599
Join date : 2014-02-22

VFIN - where the journey leads it? - Page 2 Empty Re: VFIN - where the journey leads it?

Fri Jun 05, 2015 11:21 pm
It's good to have the weaker holders drop out (same happening with PARQ?)

CIND and VFIN dropped considerably after dividend was announced.
smallville
smallville
Top contributor
Top contributor
Posts : 1872
Join date : 2014-02-23
Location : Trying to figure out..

VFIN - where the journey leads it? - Page 2 Empty Re: VFIN - where the journey leads it?

Tue Jun 09, 2015 8:46 am
Message reputation : 100% (1 vote)
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..
avatar
Jana1
Top contributor
Top contributor
Posts : 630
Join date : 2014-02-23

VFIN - where the journey leads it? - Page 2 Empty Re: VFIN - where the journey leads it?

Tue Jun 09, 2015 7:19 pm
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.
avatar
Future123
Active Member
Active Member
Posts : 1435
Join date : 2014-04-09

VFIN - where the journey leads it? - Page 2 Empty Re: VFIN - where the journey leads it?

Tue Jun 09, 2015 7:39 pm
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.
First Guy
First Guy
Posts : 2599
Join date : 2014-02-22

VFIN - where the journey leads it? - Page 2 Empty Re: VFIN - where the journey leads it?

Tue Jun 09, 2015 8:26 pm
Message reputation : 100% (1 vote)
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
pathfinder
Top contributor
Top contributor
Posts : 1450
Join date : 2014-02-23

VFIN - where the journey leads it? - Page 2 Empty Re: VFIN - where the journey leads it?

Wed Jun 10, 2015 6:26 pm
Message reputation : 100% (3 votes)
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. Wink
avatar
Jana1
Top contributor
Top contributor
Posts : 630
Join date : 2014-02-23

VFIN - where the journey leads it? - Page 2 Empty Re: VFIN - where the journey leads it?

Thu Jun 11, 2015 6:44 am
Message reputation : 100% (1 vote)
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...Smile
avatar
Future123
Active Member
Active Member
Posts : 1435
Join date : 2014-04-09

VFIN - where the journey leads it? - Page 2 Empty Re: VFIN - where the journey leads it?

Wed Jun 17, 2015 11:39 am
Going cheap at 55/=. Very good price for collection.

This will be the next LFIN.
avatar
mymoney
Posts : 544
Join date : 2014-08-06

VFIN - where the journey leads it? - Page 2 Empty Re: VFIN - where the journey leads it?

Wed Jun 17, 2015 11:45 am
VFIN, PARQ both have retraced 50% of the recent run.
GroundedKestrel
GroundedKestrel
Posts : 292
Join date : 2014-11-28

VFIN - where the journey leads it? - Page 2 Empty Re: VFIN - where the journey leads it?

Fri Jun 19, 2015 2:44 pm
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! Smile
Leon
Leon
Top contributor
Top contributor
Posts : 1264
Join date : 2014-03-11

VFIN - where the journey leads it? - Page 2 Empty Re: VFIN - where the journey leads it?

Fri Jun 19, 2015 9:54 pm
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! Smile

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.
avatar
Future123
Active Member
Active Member
Posts : 1435
Join date : 2014-04-09

VFIN - where the journey leads it? - Page 2 Empty Re: VFIN - where the journey leads it?

Fri Jun 19, 2015 10:35 pm
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
First Guy
First Guy
Posts : 2599
Join date : 2014-02-22

VFIN - where the journey leads it? - Page 2 Empty Re: VFIN - where the journey leads it?

Fri Jun 19, 2015 10:49 pm
Message reputation : 100% (2 votes)
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 Wink

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.
avatar
Future123
Active Member
Active Member
Posts : 1435
Join date : 2014-04-09

VFIN - where the journey leads it? - Page 2 Empty Re: VFIN - where the journey leads it?

Thu Jun 25, 2015 8:24 pm
Message reputation : 100% (1 vote)
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?
GroundedKestrel
GroundedKestrel
Posts : 292
Join date : 2014-11-28

VFIN - where the journey leads it? - Page 2 Empty Re: VFIN - where the journey leads it?

Fri Jun 26, 2015 12:47 pm
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!

Very Happy
avatar
Future123
Active Member
Active Member
Posts : 1435
Join date : 2014-04-09

VFIN - where the journey leads it? - Page 2 Empty Re: VFIN - where the journey leads it?

Fri Jun 26, 2015 4:16 pm
Message reputation : 100% (3 votes)
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
GroundedKestrel
Posts : 292
Join date : 2014-11-28

VFIN - where the journey leads it? - Page 2 Empty Re: VFIN - where the journey leads it?

Fri Jun 26, 2015 5:59 pm
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 Smile I appreciate it. Rep from me!
GroundedKestrel
GroundedKestrel
Posts : 292
Join date : 2014-11-28

VFIN - where the journey leads it? - Page 2 Empty Re: VFIN - where the journey leads it?

Fri Jun 26, 2015 7:33 pm
Oh BTW Future.. did they say anything about their expansion strategy?
avatar
Future123
Active Member
Active Member
Posts : 1435
Join date : 2014-04-09

VFIN - where the journey leads it? - Page 2 Empty Re: VFIN - where the journey leads it?

Fri Jun 26, 2015 9:46 pm
Message reputation : 100% (1 vote)
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.
Back to top
Permissions in this forum:
You cannot reply to topics in this forum