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.
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
»  Rajgama Heroes !
VFIN - where the journey leads it? - Page 4 EmptyYesterday at 12:06 pm by කිත්සිරි ද සිල්වා

» Coronavirus Updates
VFIN - where the journey leads it? - Page 4 EmptyYesterday at 7:26 am by The Invisible

» Thread for News on CSE and SL Economy
VFIN - where the journey leads it? - Page 4 EmptyYesterday at 7:17 am by The Invisible

» Access Engineering AEL Technical Analysis
VFIN - where the journey leads it? - Page 4 EmptyYesterday at 7:14 am by The Invisible

» In the Meantime, Within Our Shores !
VFIN - where the journey leads it? - Page 4 EmptyThu Jul 02, 2020 10:35 pm by කිත්සිරි ද සිල්වා

» Obituary Notice.
VFIN - where the journey leads it? - Page 4 EmptyWed Jul 01, 2020 12:51 pm by කිත්සිරි ද සිල්වා

»  6000 Post Club , Celebration of a Great Milestone, Slstock
VFIN - where the journey leads it? - Page 4 EmptyTue Jun 30, 2020 9:35 am by slstock

» LIOC.N0000 (Lanka IOC PLC)
VFIN - where the journey leads it? - Page 4 EmptyTue Jun 30, 2020 8:00 am by LSE

» How to get Access to: 104 Technical trading experiments by HUNTER
VFIN - where the journey leads it? - Page 4 EmptyMon Jun 29, 2020 9:35 am by nuwanmja

» Sri Lanka to monetize tens of billions of contractor bills
VFIN - where the journey leads it? - Page 4 EmptySun Jun 28, 2020 10:30 am by The Invisible

» 104 Technical trading experiments by HUNTER
VFIN - where the journey leads it? - Page 4 EmptySat Jun 27, 2020 10:27 pm by HUNTER

» CFVF - First Capital
VFIN - where the journey leads it? - Page 4 EmptySat Jun 27, 2020 10:22 pm by HUNTER

» RCL - Royal Ceramics
VFIN - where the journey leads it? - Page 4 EmptySat Jun 27, 2020 4:02 am by desh87

» Stocks - Banks Drag Wall Street Lower After Fed Buyback Ban; Dow Down 290
VFIN - where the journey leads it? - Page 4 EmptyFri Jun 26, 2020 11:35 pm by nihal123

» Sri Lanka plans US$4bn PPP for LRT in place of Japan funded soft-loan project
VFIN - where the journey leads it? - Page 4 EmptyThu Jun 25, 2020 8:57 pm by The Invisible

» PABC.N0000 (Pan Asia Banking Corporation PLC)
VFIN - where the journey leads it? - Page 4 EmptyWed Jun 24, 2020 10:37 pm by seek

» JKH.N0000
VFIN - where the journey leads it? - Page 4 EmptyWed Jun 24, 2020 9:33 pm by The Invisible

» Plantation sector updates
VFIN - where the journey leads it? - Page 4 EmptyWed Jun 24, 2020 10:32 am by The Invisible

» Dividend Announcements
VFIN - where the journey leads it? - Page 4 EmptyTue Jun 23, 2020 4:00 pm by Rana

» LOLC Holdings
VFIN - where the journey leads it? - Page 4 EmptyMon Jun 22, 2020 3:40 pm by Rajapaksap

» Sri Lanka bank bad loans in March 2020 pick up to 5.1-pct
VFIN - where the journey leads it? - Page 4 EmptyMon Jun 22, 2020 12:50 pm by The Invisible

» The Central Bank of Sri Lanka Further Reduces the Statutory Reserve Ratio
VFIN - where the journey leads it? - Page 4 EmptyMon Jun 22, 2020 11:53 am by nihal123

» Sri Lanka tea prices pickup marginally mid June
VFIN - where the journey leads it? - Page 4 EmptySun Jun 21, 2020 8:11 pm by The Invisible

» කොළඹ කොටස් වෙළඳපොළ ඩිජිටල්කරණය කිරීමේ වැඩපිළිවෙල ඇරඹෙයි
VFIN - where the journey leads it? - Page 4 EmptySun Jun 21, 2020 12:55 pm by HUNTER

» Sri Lankans stock up, buy online in Covid-19 curfews, informal workers hard-hit: survey
VFIN - where the journey leads it? - Page 4 EmptySun Jun 21, 2020 9:34 am by The Invisible

» Sri Lanka chicken supplies to tighten after Covid-19 crisis, maize import controls
VFIN - where the journey leads it? - Page 4 EmptySun Jun 21, 2020 9:32 am by The Invisible

» S&P SL20 සමාගම් ලැයිස්තුවේ වෙනසක්.
VFIN - where the journey leads it? - Page 4 EmptySat Jun 20, 2020 7:56 am by slstock

» HNB රුපියල් බිලියන 5ක ණය යෝජනා ක‍්‍රමයක් දියත් කරයි
VFIN - where the journey leads it? - Page 4 EmptyFri Jun 19, 2020 10:47 pm by nihal123

» SAMP.N0000 (Sampath Bank PLC)
VFIN - where the journey leads it? - Page 4 EmptyFri Jun 19, 2020 1:08 pm by dakzsl

» HAYC - Haycarb
VFIN - where the journey leads it? - Page 4 EmptyFri Jun 19, 2020 12:04 pm by Rational Investor

» විශාලම ලැයිස්තුගත සමාගම් 50 විනිවිදභාවය පිළිබඳ වාර්තාවක් එළිදැක්වෙයි
VFIN - where the journey leads it? - Page 4 EmptyThu Jun 18, 2020 11:13 pm by nihal123

» HAYL.N0000 Hayleys PLC
VFIN - where the journey leads it? - Page 4 EmptyThu Jun 18, 2020 7:53 pm by NIRMALSG

» GLAS.N0000 (Piramal Glass Ceylon PLC)
VFIN - where the journey leads it? - Page 4 EmptyWed Jun 17, 2020 12:29 pm by nuwanmja

» Sri Lanka bank forex funding pressures, bad loans to rise after Covid-19: Fitch
VFIN - where the journey leads it? - Page 4 EmptyWed Jun 17, 2020 10:43 am by The Invisible

» Sri Lanka telecom regulator asked find businesses to use Lotus Tower
VFIN - where the journey leads it? - Page 4 EmptyWed Jun 17, 2020 10:33 am by The Invisible

» Gota's Era
VFIN - where the journey leads it? - Page 4 EmptyTue Jun 16, 2020 2:40 pm by puliyanam

» Fitch Revises Ratings on 11 Sri Lankan Financial
VFIN - where the journey leads it? - Page 4 EmptySat Jun 13, 2020 11:58 am by spw19721

» Carlton Sports Network to resume broadcasts soon – Rohan Welivita
VFIN - where the journey leads it? - Page 4 EmptyFri Jun 12, 2020 11:27 am by Rajapaksap

» සල්ලි අච්චු ගැසුවාද?
VFIN - where the journey leads it? - Page 4 EmptyWed Jun 10, 2020 11:35 pm by nihal123

» වටිනා පාඩමක්!
VFIN - where the journey leads it? - Page 4 EmptyWed Jun 10, 2020 9:58 pm by Backstage

» Sri Lanka’s General Election on August 05
VFIN - where the journey leads it? - Page 4 EmptyWed Jun 10, 2020 3:08 pm by The Invisible

» Hayleys MGT
VFIN - where the journey leads it? - Page 4 EmptyTue Jun 09, 2020 11:16 am by The Invisible

» AEL Access Engineering
VFIN - where the journey leads it? - Page 4 EmptyTue Jun 09, 2020 11:08 am by The Invisible

» Sri Lanka import controls, cargo bottleneck hit apparel exporters
VFIN - where the journey leads it? - Page 4 EmptyMon Jun 08, 2020 4:12 pm by The Invisible

» Sri Lanka tea prices ease lower, low growns drive May average to all time high
VFIN - where the journey leads it? - Page 4 EmptyMon Jun 08, 2020 8:47 am by slstock

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
VFIN - where the journey leads it? - Page 4 EmptySat Jun 06, 2020 3:05 pm by Antonym

» Sri Lanka makes trillion rupee mini-budget till August under Presidential powers
VFIN - where the journey leads it? - Page 4 EmptyFri Jun 05, 2020 10:48 am by The Invisible

» HHL.N0000 ( Hemas Holdings PLC)
VFIN - where the journey leads it? - Page 4 EmptyThu Jun 04, 2020 4:32 pm by Backstage

» LION.N0000 (Lion Brewery Ceylon PLC)
VFIN - where the journey leads it? - Page 4 EmptyThu Jun 04, 2020 2:21 pm by The Invisible

» කොටස්--වෙළෙඳපොළ--වැසුවාද
VFIN - where the journey leads it? - Page 4 EmptyWed Jun 03, 2020 9:49 pm by nihal123

July 2020
SunMonTueWedThuFriSat
   1234
567891011
12131415161718
19202122232425
262728293031 

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

Go down

VFIN - where the journey leads it? - Page 4 Empty Re: VFIN - where the journey leads it?

Post by Leon on Wed Aug 05, 2015 3:43 pm

GroundedKestrel wrote:Thank you Leon but what does it mean when you say the share is reaching its market capitalisation limit?

Where did you see that?? A limit??
Leon
Leon
Top contributor
Top contributor

Posts : 1263
Join date : 2014-03-11

Back to top Go down

VFIN - where the journey leads it? - Page 4 Empty Re: VFIN - where the journey leads it?

Post by GroundedKestrel on Wed Aug 05, 2015 3:56 pm

First Guy wrote:Thanks Leon.

Can expect decent growth from VFIN by not anything magical. VFIN already is almost near the capitalization limit like SAMP. Rating may be already reflecting that. Could it go for a rights?
GroundedKestrel
GroundedKestrel

Posts : 290
Join date : 2014-11-28

Back to top Go down

VFIN - where the journey leads it? - Page 4 Empty Re: VFIN - where the journey leads it?

Post by Leon on Wed Aug 05, 2015 4:23 pm

GroundedKestrel wrote:
First Guy wrote:Thanks Leon.

Can expect decent growth from VFIN by not anything magical. VFIN already is almost near the capitalization limit like SAMP. Rating may be already reflecting that. Could it go for a rights?

That of course a regulatory requirement. I can't explain in detail atm.Want to have a good look.
Leon
Leon
Top contributor
Top contributor

Posts : 1263
Join date : 2014-03-11

Back to top Go down

VFIN - where the journey leads it? - Page 4 Empty Re: VFIN - where the journey leads it?

Post by pathfinder on Wed Aug 05, 2015 5:49 pm

pathfinder wrote:
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

After 6wks Cool
pathfinder
pathfinder
Top contributor
Top contributor

Posts : 1441
Join date : 2014-02-23

Back to top Go down

VFIN - where the journey leads it? - Page 4 Empty Re: VFIN - where the journey leads it?

Post by First Guy on Wed Aug 05, 2015 8:43 pm

GK - it's a regulatory requirement. it's not really a limit rather a minimum requirement that should be maintained. VFIN might be required to raise more capital if it gets too close, I think. So growth will not be possible as much as one that has comfortable levels (relatively)
First Guy
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

VFIN - where the journey leads it? - Page 4 Empty Re: VFIN - where the journey leads it?

Post by Leon on Thu Aug 06, 2015 4:55 am

First Guy wrote:GK - it's a regulatory requirement. it's not really a limit rather a minimum requirement that should be maintained. VFIN might be required to raise more capital if it gets too close, I think. So growth will not be possible as much as one that has comfortable levels (relatively)

Your rough assumption FG??
Going for a right??
Leon
Leon
Top contributor
Top contributor

Posts : 1263
Join date : 2014-03-11

Back to top Go down

VFIN - where the journey leads it? - Page 4 Empty Re: VFIN - where the journey leads it?

Post by First Guy on Thu Aug 06, 2015 7:00 am

Leon wrote:
First Guy wrote:GK - it's a regulatory requirement. it's not really a limit rather a minimum requirement that should be maintained. VFIN might be required to raise more capital if it gets too close, I think. So growth will not be possible as much as one that has comfortable levels (relatively)

Your rough assumption FG??
Going for a right??

DP companies haven't gone for many rights, have they? Both SAMP and VFIN are near the minimum requirement. SAMP was recently downgraded. It would affect it when going for a debt issue.

As for capital, rights is one option but also it can make some bumper profits and retain it. SAMP managed by issuing scrip dividends partly.

Other options are, merger? I don't think VFIN will go for PP.

But I think they will somehow manage at the moment but it will prevent them from making maximum use of growth opportunities.
First Guy
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

VFIN - where the journey leads it? - Page 4 Empty Re: VFIN - where the journey leads it?

Post by Leon on Thu Aug 06, 2015 8:42 am

First Guy wrote:
Leon wrote:
First Guy wrote:GK - it's a regulatory requirement. it's not really a limit rather a minimum requirement that should be maintained. VFIN might be required to raise more capital if it gets too close, I think. So growth will not be possible as much as one that has comfortable levels (relatively)

Your rough assumption FG??
Going for a right??

DP companies haven't gone for many rights, have they? Both SAMP and VFIN are near the minimum requirement. SAMP was recently downgraded. It would affect it when going for a debt issue.

As for capital, rights is one option but also it can make some bumper profits and retain it. SAMP managed by issuing scrip dividends partly.

Other options are, merger? I don't think VFIN will go for PP.

But I think they will somehow manage at the moment but it will prevent them from making maximum use of growth opportunities.

We got to wait & see what strategies they might use to overcome this situation.
Leon
Leon
Top contributor
Top contributor

Posts : 1263
Join date : 2014-03-11

Back to top Go down

VFIN - where the journey leads it? - Page 4 Empty Re: VFIN - where the journey leads it?

Post by GroundedKestrel on Thu Aug 06, 2015 11:24 am

FG - Thank you for clarifying. You mean that there is a minimum level of liquidity needed as per regulations and VFIN and SAMP are losing that because of institutional and company investors buying their their shares? Hence they need to subdivide or issue rights to maintain liquidity as per the minimum requirement?
GroundedKestrel
GroundedKestrel

Posts : 290
Join date : 2014-11-28

Back to top Go down

VFIN - where the journey leads it? - Page 4 Empty Re: VFIN - where the journey leads it?

Post by First Guy on Thu Aug 06, 2015 9:13 pm

GroundedKestrel wrote:FG - Thank you for clarifying. You mean that there is a minimum level of liquidity needed as per regulations and VFIN and SAMP are losing that because of institutional and company investors buying their their shares? Hence they need to subdivide or issue rights to maintain liquidity as per the minimum requirement?

This has nothing to do with shareholding. It's about the capital. It's basically the of equity it has to maintain as a percentage of all its loans and leases given. Giving out more new loans will reduce this ratio. So will giving out dividends. Making more profits and raising more capital will increase it. So it cannot give much new loans compared to the profits it make. If it is grow that way, it needs some fresh capital.

Sub division of shares does not affect the value of the share.

(Correct me if I am wrong)
First Guy
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

VFIN - where the journey leads it? - Page 4 Empty Re: VFIN - where the journey leads it?

Post by GroundedKestrel on Thu Aug 06, 2015 10:39 pm

Ohhhhh. I get it now Very Happy

Thank you so much FG!
GroundedKestrel
GroundedKestrel

Posts : 290
Join date : 2014-11-28

Back to top Go down

VFIN - where the journey leads it? - Page 4 Empty Re: VFIN - where the journey leads it?

Post by Future123 on Fri Aug 07, 2015 2:22 pm

I didn't make any comments for some time since there were too much talks about politics and some members bombard a few. All we need is a good growing market and all of us make some money without losing our hard earned investment. We don't want Super gain taxes and any sentiments that would kill the market.

My thoughts about VFIN is that it's a growing company and will continue to grow. Once they grow we can expect very good dividends like LFIN. They recently opened about 5 new branches we could see the results of those in coming quarters. I think Rajagirya branch is doing very well.

I have been thinking about this capital adequacy for a sometime and in my opinion they would go for a private placement at the right time and at the right price. Still VFIN is trading cheap considering their earning potential. The price will move up if they report PAT of 125 million or more which would result an EPS of Rs. 3.

Bansei Group in the Director Board of VFIN but they don't hold any shares. It's likely that a private placement to Bansei Group may happen when VFIN reaches say 100/= in 6 months to 1 year. Bansei Group is one of the top shareholders at PABC.

VFIN has 41 million shares issued and they might issue say 10 million to Bansei Group. This would result in a capital infusion of Rs. 1 billion. This certainly advantageous to VFIN rather going for rights at a lower price. This doesn't cost any thing to VFIN immediately but there will be earnings dilution which will be off set by higher profits due to capital infusion. This would also increase the NAV.

I hope June quarter results will be good for VFIN. Remember the MD bought lots of shares and they might know the future plans in advance than us. I hope the future is bright with VFIN.

Future123
Active Member
Active Member

Posts : 1435
Join date : 2014-04-09

Back to top Go down

VFIN - where the journey leads it? - Page 4 Empty Re: VFIN - where the journey leads it?

Post by First Guy on Sat Aug 08, 2015 9:02 am

VFIN reported an EPS of 2.31
Last quarter = 2.89
Last June quarter = 1.59

Over the last few quarters, VFIN has not actually "grown" considerably while the profit increases were mainly because of low impairment charges.

But still the results make this share a good one in the long term. Looks like some new loans have been given in the quarter and benefit can be seen in future periods.

ROE is 25% 2x BV seems fair (current price).

If it can continue that and add 7/- EPS for remaining 3 quarters for the year, BV = 44/-; 2x = 85/-+
If market gives it 1.5x it would end up at 65/-

VFIN - where the journey leads it? - Page 4 Image_28
First Guy
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

VFIN - where the journey leads it? - Page 4 Empty Re: VFIN - where the journey leads it?

Post by First Guy on Sat Aug 08, 2015 9:04 am

On the capital ratios, looks like VFIN has improved it with the profits.
First Guy
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

VFIN - where the journey leads it? - Page 4 Empty Re: VFIN - where the journey leads it?

Post by GroundedKestrel on Sat Aug 08, 2015 9:56 am

Thanks a lot for your analysis FG. I have a strong feeling that VFIN should be able to claim double digits in terms of EPS. Even last year, it narrowly missed this target.

Also, i expected the MD's holdings to be higher though. Hmmm are the shares purchased via his wife only mentioned in the CSE but not added to the quarterly report?
GroundedKestrel
GroundedKestrel

Posts : 290
Join date : 2014-11-28

Back to top Go down

VFIN - where the journey leads it? - Page 4 Empty Re: VFIN - where the journey leads it?

Post by Future123 on Sun Aug 09, 2015 12:52 am

Thanks FG for useful information.

GK, the MD has increased his stake from 620,000 shares to 751,000 shares within 3 months from March to June 2015.

VFIN is a growing company and the first quarter performance has improved a lot compared to previous years 1st quarters. Normally VFIN perform bit lower in the first quarter and picks up in the final 2 quarters. I'm quite confident that VFIN will report double digit EPS in 2015/16.

VFIN has much better NAV and PE than COCR and BLI.
1) NAV of BLI is 19/= and trading at Rs.82. Therefore, PBV is 4.3 times.
2) NAV of COCR is Rs. 20 and trading at 69/=. PBV is 3.45 times.

VFIN deserves to be trading at 2.5 times of NAV due to growth potential and lower PE in the finance sector. If so it must be around Rs. 37*2.5 = 92/=

Further, at the moment the personnel and other operating expenses have gone up by nearly 36% as a result of newly opened branches. The results of newly opened branches would be significant in the coming quarters.

Future123
Active Member
Active Member

Posts : 1435
Join date : 2014-04-09

Back to top Go down

VFIN - where the journey leads it? - Page 4 Empty Re: VFIN - where the journey leads it?

Post by First Guy on Sun Aug 09, 2015 7:24 am

Future, while VFIN is doing well, let's not get carried away and be realistic. I feel the numbers I gave are realistic.

https://forum.lankaninvestor.com/t5558p15-finance-companies-snapshot#44279

See the above chart? As per March results, it suggests almost all of them were valued fairly in terms of ROE and P/B. Relatively, VFIN could have been closer to 2x which is the case now. If VFIN continues to return the same ROE of ~25%, it should keep trading at 2x which is the basis of my numbers. I'll post the ROE trend soon. Looking at the net interest income, it looks flat during last 4 quarters whereas COCR has nicely increased. COCR's ROE has declined to 39.7% last quarter but still impressive. That's why it's trading higher.
First Guy
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

VFIN - where the journey leads it? - Page 4 Empty Re: VFIN - where the journey leads it?

Post by Future123 on Fri Aug 14, 2015 11:47 am

Price coming down due to one seller selling continuously.

Future123
Active Member
Active Member

Posts : 1435
Join date : 2014-04-09

Back to top Go down

VFIN - where the journey leads it? - Page 4 Empty Re: VFIN - where the journey leads it?

Post by GroundedKestrel on Wed Aug 19, 2015 3:48 pm

Leon, FG and Future

http://www.cse.lk/cmt/upload_cse_announcements/8371439979099_.pdf

MD started buying again. This time at Rs.69.80
GroundedKestrel
GroundedKestrel

Posts : 290
Join date : 2014-11-28

Back to top Go down

VFIN - where the journey leads it? - Page 4 Empty Re: VFIN - where the journey leads it?

Post by Future123 on Wed Aug 19, 2015 11:07 pm

Thanks GK. The boss has better idea of his company than anyone else. I have a gut feeling that we'll be hearing some news relevant to expansion / capital infusion/ international funding for SME loans in the near future to take VFIN to the next level.

My personal view is that if you hold VFIN for 2 years it can give you a solid return. VFIN is undervalued when compareed to BLI or COCR.

VFIN has moved slowly from Rs.28 to Rs. 68 within a year without making much noise. Still a long way to go. Hold tightly with patience.




Future123
Active Member
Active Member

Posts : 1435
Join date : 2014-04-09

Back to top Go down

VFIN - where the journey leads it? - Page 4 Empty Re: VFIN - where the journey leads it?

Post by GroundedKestrel on Wed Aug 19, 2015 11:51 pm

Yes, MD's actions are a good indicator of the company's health. Specially since this guy never got it handed on a platter. Now someone like Nimal P would get a few million shares just like that at an IPO probably without paying even.

JR had only 19,000 shares in 2010.

http://www.cse.lk/cmt/upload_report_file/949_1281441695993.pdf

The man puts his hard earned cash into it and over 5 years bought it upto 730k and counting.

As they say, "ohoma yamu, ohoma yamu!".
GroundedKestrel
GroundedKestrel

Posts : 290
Join date : 2014-11-28

Back to top Go down

VFIN - where the journey leads it? - Page 4 Empty Re: VFIN - where the journey leads it?

Post by Future123 on Wed Aug 26, 2015 10:53 am

Expansion continues. Another new branch opened in Piliyandala. Date of announcement 25 August 2015.

http://www.vallibelfinance.com/?p=1264

Future123
Active Member
Active Member

Posts : 1435
Join date : 2014-04-09

Back to top Go down

VFIN - where the journey leads it? - Page 4 Empty Re: VFIN - where the journey leads it?

Post by GroundedKestrel on Wed Aug 26, 2015 11:14 am

Great Smile. Do you know what the total is now? I lost count.
GroundedKestrel
GroundedKestrel

Posts : 290
Join date : 2014-11-28

Back to top Go down

VFIN - where the journey leads it? - Page 4 Empty Re: VFIN - where the journey leads it?

Post by Future123 on Wed Aug 26, 2015 11:33 am

Now it's 25 with newly opened Piliyandala branch.

http://www.vallibelfinance.com/?page_id=251

Future123
Active Member
Active Member

Posts : 1435
Join date : 2014-04-09

Back to top Go down

VFIN - where the journey leads it? - Page 4 Empty Re: VFIN - where the journey leads it?

Post by GroundedKestrel on Wed Aug 26, 2015 11:55 am

Thank you future. Hmmm everything is concentrated to the West. About time to expand to the North and the East.

I remember someone saying that LFIN (51?) and CDB (70?) both having a lot of branches opened throughout the island. VFIN WILL either way have to expand to atleast 50 branches before the big dosh starts rolling in.



Correction* LFIN has 88 branches!!! just counted
GroundedKestrel
GroundedKestrel

Posts : 290
Join date : 2014-11-28

Back to top Go down

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

Back to top


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