Don't forget CFVF

stocks hunter · 1 Don't forget CFVF Tue Jun 04, 2013 11:17 pm

stocks hunter

Manager - Equity Analytics

Posts : 221
Equity Stars : 3848
Reputation : 8
Join date : 2011-09-09

Bull or Bear CFVF is the best fundamentally strong share which is trading below Rs20 levels in the market. Yes we spoke about this share yesterday. But it seems that the investors have no real idea of the future prospects of this share. I saw it today some were like to sell it even at a price of Rs18. Its surprising to see that.

Even with a profit if u sell this share, u will divest that money in to another one. But not this much cheap with fundamental backing. Shocking to see that.

In a down ward interest rate regime CFVF is going to benefit the most out of other companies. Can expect a decent dividend too. So still why people are selling this share at this low price levels?

sandunj · 2 Re: Don't forget CFVF Tue Jun 04, 2013 11:40 pm

sandunj

Senior Manager - Equity Analytics

Posts : 435
Equity Stars : 3454
Reputation : 20
Join date : 2013-03-16

May be people bought this with credit might realized the profit today and those who bought early morning for only for day trading purpose grab this down. Not hoding presently and suppose to buy.

KDDND · 3 Re: Don't forget CFVF Wed Jun 05, 2013 8:12 am

KDDND

Assistant Vice President - Equity Analytics

Posts : 724
Equity Stars : 4878
Reputation : 14
Join date : 2012-09-14

Within last few days....

I recently changed my portfolio....
Exited [at a lost] from illiquid & long holding counters which had lack of results......
Got into to CFVF
But I was kind of bit late to get in....

*Keys for the above decisions was...
Recent performances records of CFVF....
Future performances predicted....
Expected/Probable Dividend amount/rate...
Current price for as an entry Price....
By now over 50% of my PF is consist of CFVF....

If I assumed that this could hit to 30+ range.... or close

When it could be?
What are the requirements/situations for it...?
What are the other counters which can be equal to CFVF in many point of views?

Experts......Pls...!!! scratch

* don't take this as promotions....
but by now I am prepared to stuck with this for some time....

stocks hunter · 4 Re: Don't forget CFVF Wed Jun 05, 2013 8:51 am

stocks hunter

Manager - Equity Analytics

Posts : 221
Equity Stars : 3848
Reputation : 8
Join date : 2011-09-09

KDDD I think its a good decision. because u r in a safe counter. every time in a down ward interest rate regime CFVF benefitted immensely since they are in BOND trading.

Now this is a diversified company consist of financial products. They will declare GOOD dividend as well. In the past they did that.

sandunj · 5 Re: Don't forget CFVF Wed Jun 05, 2013 8:56 am

sandunj

Senior Manager - Equity Analytics

Posts : 435
Equity Stars : 3454
Reputation : 20
Join date : 2013-03-16

Are you sure about dividend?

cseguide · 6 Re: Don't forget CFVF Wed Jun 05, 2013 9:25 am

cseguide

Vice President - Equity Analytics

Posts : 1105
Equity Stars : 4980
Reputation : 49
Join date : 2011-04-20

@KDDND wrote: Within last few days....

I recently changed my portfolio....
Exited [at a lost] from illiquid & long holding counters which had lack of results......
Got into to CFVF
But I was kind of bit late to get in....

*Keys for the above decisions was...
Recent performances records of CFVF....
Future performances predicted....
Expected/Probable Dividend amount/rate...
Current price for as an entry Price....
By now over 50% of my PF is consist of CFVF....

If I assumed that this could hit to 30+ range.... or close

When it could be?
What are the requirements/situations for it...?
What are the other counters which can be equal to CFVF in many point of views?

Experts......Pls...!!!

* don't take this as promotions....
but by now I am prepared to stuck with this for some time....

what is your average cost of share ?

KDDND · 7 Re: Don't forget CFVF Wed Jun 05, 2013 9:27 am

KDDND

Assistant Vice President - Equity Analytics

Posts : 724
Equity Stars : 4878
Reputation : 14
Join date : 2012-09-14

@stocks hunter wrote:KDDD I think its a good decision. because u r in a safe counter. every time in a down ward interest rate regime CFVF benefitted immensely since they are in BOND trading.

Now this is a diversified company consist of financial products. They will declare GOOD dividend as well. In the past they did that.

Thx for your attention and comment!

Based on your join date to this forum & Point rate per your post to this forum!
I am so happy to have a comment from expert like you!
Thx Smile

KDDND · 8 Re: Don't forget CFVF Wed Jun 05, 2013 9:30 am

KDDND

Assistant Vice President - Equity Analytics

Posts : 724
Equity Stars : 4878
Reputation : 14
Join date : 2012-09-14

@cseguide wrote:

@KDDND wrote: Within last few days....

I recently changed my portfolio....
Exited [at a lost] from illiquid & long holding counters which had lack of results......
Got into to CFVF
But I was kind of bit late to get in....

*Keys for the above decisions was...
Recent performances records of CFVF....
Future performances predicted....
Expected/Probable Dividend amount/rate...
Current price for as an entry Price....
By now over 50% of my PF is consist of CFVF....

If I assumed that this could hit to 30+ range.... or close

When it could be?
What are the requirements/situations for it...?
What are the other counters which can be equal to CFVF in many point of views?

Experts......Pls...!!!

* don't take this as promotions....
but by now I am prepared to stuck with this for some time....

what is your average cost of share ?

Good Questions!
due to my late entry its @18.60 scratch

stocks hunter · 9 Re: Don't forget CFVF Wed Jun 05, 2013 9:46 am

stocks hunter

Manager - Equity Analytics

Posts : 221
Equity Stars : 3848
Reputation : 8
Join date : 2011-09-09

Thank u Got something below Rs 18.00. Thank friends.

balapas · 10 Re: Don't forget CFVF Wed Jun 05, 2013 9:49 am

balapas

Senior Manager - Equity Analytics

Posts : 359
Equity Stars : 3940
Reputation : 26
Join date : 2011-07-25
Age : 41

@ KDDND be patient for sometime. This counter can give you a good return but all shares can not go up like LLUB and ABAN.

Chinwi · 11 Re: Don't forget CFVF Wed Jun 05, 2013 10:09 am

Chinwi

Associate Director - Equity Analytics

Posts : 3097
Equity Stars : 7842
Reputation : 418
Join date : 2010-06-08
Location : Asia

KDDDN ,
You are seems to be over excited and over acting .
Dropping all and get into a heated one. Be careful.

This time it is OK . Because CFVF could become a cash cow .

----

CFVF has concluded its acquisition of DNH Financial Broker firm. http://www.cse.lk/cmt/upload_cse_announcements/6981370345413_.pdf

This broker company was initially started in 1992 as HNB Stock Brokers , a joint venture by HNB + DFCC and Jadine Fleming (HK).

In 2009 it was bought by Platinum people. ( Most probably to act as sales-reps to dump unlimited production of the warrant factory)

KDDND · 12 Re: Don't forget CFVF Wed Jun 05, 2013 12:25 pm

KDDND

Assistant Vice President - Equity Analytics

Posts : 724
Equity Stars : 4878
Reputation : 14
Join date : 2012-09-14

@Chinwi wrote:KDDDN ,
You are seems to be over excited and over acting .
Dropping all and get into a heated one. Be careful.

This time it is OK . Because CFVF could become a cash cow .

----

CFVF has concluded its acquisition of DNH Financial Broker firm. http://www.cse.lk/cmt/upload_cse_announcements/6981370345413_.pdf

This broker company was initially started in 1992 as HNB Stock Brokers , a joint venture by HNB + DFCC and Jadine Fleming (HK).

In 2009 it was bought by Platinum people. ( Most probably to act as sales-reps to dump unlimited production of the warrant factory)

Hi Chiniwi

Happy to hear experts words on me!

What you guest on "the way" I acted when Buying CFVF....
Yes! you are mostly right....!!! I was bit like that...

Understood! Yes! I should be more careful than this......
Happy to hear that from your point of view...... that I am in bit safer side as it was CFVF!

Thanks Chiniwi!

rainmaker · 13 Re: Don't forget CFVF Wed Jun 05, 2013 12:47 pm

rainmaker

Assistant Vice President - Equity Analytics

Posts : 914
Equity Stars : 5120
Reputation : 45
Join date : 2013-02-06

CFVF is quite good...... but if the management disappoints on the dividend the stock is going to.... Razz

Hopefully they won't but others might have inside info.

@Chinwi you may know more than me but was this brokerage one of the best at that time.

The Alchemist · 14 Re: Don't forget CFVF Wed Jun 05, 2013 12:56 pm

The Alchemist

Senior Manager - Equity Analytics

Posts : 590
Equity Stars : 4052
Reputation : 48
Join date : 2012-04-08

@rainmaker wrote:CFVF is quite good...... but if the management disappoints on the dividend the stock is going to....

A Clue on possible Dividend may be given in the notes to the latest accounts ........... ?

Gaja · 15 Re: Don't forget CFVF Wed Jun 05, 2013 1:07 pm

Gaja

Associate Director - Equity Analytics

Posts : 3127
Equity Stars : 8563
Reputation : 260
Join date : 2011-01-27
Age : 37
Location : Colombo

Note No. 7.2?

rainmaker · 16 Re: Don't forget CFVF Wed Jun 05, 2013 1:09 pm

rainmaker

Assistant Vice President - Equity Analytics

Posts : 914
Equity Stars : 5120
Reputation : 45
Join date : 2013-02-06

@Gaja wrote:Note No. 7.2?

Yep that has to be it. Otherwise we'll will have to put up with 18m cash in bank to share around Razz

@Alchemist So I expect 290m to be paid out ?

seek · 17 Re: Don't forget CFVF Wed Jun 05, 2013 1:30 pm

seek

Senior Manager - Equity Analytics

Posts : 558
Equity Stars : 3878
Reputation : 21
Join date : 2012-07-13

Whatever expecting, they will declare it during August. But share will not be available at this price to buy by that time with potential uptrend with Q1 results.

@KDDND
This time you will be safe but don’t do it again. It is risky to jump a moving train at the end of the day or following day morning after a good gain on a previous day. Actually those are the ideal time for putting your sell orders.

Wish you a good luck.

KDDND · 18 Re: Don't forget CFVF Wed Jun 05, 2013 2:13 pm

KDDND

Assistant Vice President - Equity Analytics

Posts : 724
Equity Stars : 4878
Reputation : 14
Join date : 2012-09-14

@seek wrote:Whatever expecting, they will declare it during August. But share will not be available at this price to buy by that time with potential uptrend with Q1 results.

@KDDND
This time you will be safe but don’t do it again. It is risky to jump a moving train at the end of the day or following day morning after a good gain on a previous day. Actually those are the ideal time for putting your sell orders.

Wish you a good luck.

Happy to hear of your word on me!
Yeah! I should learn this lesson and control the act!
Feeling of safety... Smile

is nice

Lets wait and see for the next coming months.......
Thx SEEK for your advises and wishes...!!!

KDDND · 19 Re: Don't forget CFVF Wed Jun 05, 2013 2:56 pm

KDDND

Assistant Vice President - Equity Analytics

Posts : 724
Equity Stars : 4878
Reputation : 14
Join date : 2012-09-14

as said....
http://www.cse.lk/cmt/upload_report_file/698_1370004370831.pdf

"There have been no material events subsequent to the balance sheet date which require disclosures/ adjustments in the

7.0 interim financial statements other than those disclosed below.

7.1. In May 2013 an entity controlled by First Capital Holdings PLC acquired 100% of DNH Financials (Private) Limited, a stock broking company at a cost of Rs. 185 Mn. The effective shareholding of First Capital Holdings PLC is 70% of DNH Financials (Private) Limited.

7.2. First Capital Treasuries Limited, A subsidiary of First Capital Holdings PLC declared an interim dividend of Rs. 19/- per share totaling Rs. 292.4 Mn for the financial year 2013/14."

seems it is not considered into the balance sheet..........???
Good Luck! CFVF lovers!

Thx!

kalum · 20 Re: Don't forget CFVF Wed Jun 05, 2013 3:19 pm

kalum

Senior Manager - Equity Analytics

Posts : 586
Equity Stars : 3879
Reputation : 24
Join date : 2012-09-01

CFVF is a good pick. I own his since long time. however missed te collection when it was very low levels. but noticed the potential around 15-16 range.
I did some posts also in that levels.
however i think now it's time to hold and see.

Anyway KDDND, your decision on CFVF will be good in mid term. Wish a GL for all of us Smile

Sponsored content

Latest topics

Don't forget CFVF

1 Don't forget CFVF Tue Jun 04, 2013 11:17 pm

stocks hunter

2 Re: Don't forget CFVF Tue Jun 04, 2013 11:40 pm

sandunj

3 Re: Don't forget CFVF Wed Jun 05, 2013 8:12 am

KDDND

4 Re: Don't forget CFVF Wed Jun 05, 2013 8:51 am

stocks hunter

5 Re: Don't forget CFVF Wed Jun 05, 2013 8:56 am

sandunj

6 Re: Don't forget CFVF Wed Jun 05, 2013 9:25 am

cseguide

7 Re: Don't forget CFVF Wed Jun 05, 2013 9:27 am

KDDND

8 Re: Don't forget CFVF Wed Jun 05, 2013 9:30 am

KDDND

9 Re: Don't forget CFVF Wed Jun 05, 2013 9:46 am

stocks hunter

10 Re: Don't forget CFVF Wed Jun 05, 2013 9:49 am

balapas

11 Re: Don't forget CFVF Wed Jun 05, 2013 10:09 am

Chinwi

12 Re: Don't forget CFVF Wed Jun 05, 2013 12:25 pm

KDDND

13 Re: Don't forget CFVF Wed Jun 05, 2013 12:47 pm

rainmaker

14 Re: Don't forget CFVF Wed Jun 05, 2013 12:56 pm

The Alchemist

15 Re: Don't forget CFVF Wed Jun 05, 2013 1:07 pm

Gaja

16 Re: Don't forget CFVF Wed Jun 05, 2013 1:09 pm

rainmaker

17 Re: Don't forget CFVF Wed Jun 05, 2013 1:30 pm

seek

18 Re: Don't forget CFVF Wed Jun 05, 2013 2:13 pm

KDDND

19 Re: Don't forget CFVF Wed Jun 05, 2013 2:56 pm

KDDND

20 Re: Don't forget CFVF Wed Jun 05, 2013 3:19 pm

kalum

21 Re: Don't forget CFVF

Sponsored content