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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » VFIN Prospects

VFIN Prospects

Go down  Message [Page 1 of 1]

1VFIN Prospects  Empty VFIN Prospects Tue Aug 20, 2013 9:36 am

Rocky

Rocky
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Looks like VFIN's propects in the short term are good. With a PAT of 27% and EPS of 7.
Even at a price of 29 + buying this share seems okay. But I am not aware of any hidden or negative information that may impact the value in the foreseeable future.

Any ideas chaps?

2VFIN Prospects  Empty Re: VFIN Prospects Mon Oct 28, 2013 1:53 pm

Hawk Eye

Hawk Eye
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Whats the prospect with Sept -Qtr results ???

3VFIN Prospects  Empty Re: VFIN Prospects Mon Nov 25, 2013 10:30 am

Hawk Eye

Hawk Eye
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
I feel like this will take off soon. CSE Disclosures shows Rangamuwa keeps on collecting and bid qty at 30.00 slowly building up.

4VFIN Prospects  Empty Re: VFIN Prospects Mon Nov 25, 2013 10:47 am

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
those who silently watch and act during these "dull" time might  get rewarded handsomely  in the future.

I see 3  shares on my watch gaining more interest than usual. VFIN  is 1 of them. The other one  I talked about already. Some huge orders appear and dissapear ( but without filling )

The 3rd..   is not a "big"  share in anyway .

5VFIN Prospects  Empty Re: VFIN Prospects Mon Nov 25, 2013 6:39 pm

Rapaport

Rapaport
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
VFIN has been showing some collection in the last 2 weeks. There has been consistent buying at around 30/-

SAMP is also getting quite attractive now.. Hmmmmmmmm....

Not a buy recommendation

Cheers!

6VFIN Prospects  Empty Re: VFIN Prospects Mon Nov 25, 2013 10:52 pm

Leon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@slstock wrote:those who silently watch and act during these "dull" time might  get rewarded handsomely  in the future.

I see 3  shares on my watch gaining more interest than usual. VFIN  is 1 of them. The other one  I talked about already. Some huge orders appear and dissapear ( but without filling )

The 3rd..   is not a "big"  share in anyway .

Give us a clue to find the 2nd and 3rd share you talk about.

7VFIN Prospects  Empty Re: VFIN Prospects Mon Nov 25, 2013 10:55 pm

Leon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Rapaport wrote:VFIN has been showing some collection in the last 2 weeks. There has been consistent buying at around 30/-

SAMP is also getting quite attractive now.. Hmmmmmmmm....

Not a buy recommendation

Cheers!
my average price for SAMP is 180.00. I was bit early to SAMP. Isn't it??

8VFIN Prospects  Empty Re: VFIN Prospects Mon Nov 25, 2013 10:59 pm

Leon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Hawk Eye wrote:I feel like this will take off soon. CSE Disclosures shows Rangamuwa keeps on collecting and bid qty at 30.00 slowly building up.
Is this a trustworthy way to decide the value of a share??? Can't we think big bosses of companies trying to create demand this way??

9VFIN Prospects  Empty Re: VFIN Prospects Tue Nov 26, 2013 3:48 am

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
You already know the 2nd one as I saw you talk about it ;-)

3rd one is a very small share in price and company size.



@Leon wrote:
@slstock wrote:those who silently watch and act during these "dull" time might  get rewarded handsomely  in the future.

I see 3  shares on my watch gaining more interest than usual. VFIN  is 1 of them. The other one  I talked about already. Some huge orders appear and dissapear ( but without filling )

The 3rd..   is not a "big"  share in anyway .

Give us a clue to find the 2nd and 3rd share you talk about.

10VFIN Prospects  Empty Re: VFIN Prospects Tue Nov 26, 2013 8:57 am

Hawk Eye

Hawk Eye
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Leon wrote:
@Hawk Eye wrote:I feel like this will take off soon. CSE Disclosures shows Rangamuwa keeps on collecting and bid qty at 30.00 slowly building up.
Is this a trustworthy way to decide the value of a share??? Can't we think big bosses of companies trying to create demand this way??
Its a trustworthy way to gain some shorterm profit

11VFIN Prospects  Empty Re: VFIN Prospects Tue Nov 26, 2013 1:19 pm

Leon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@slstock wrote:You already know the 2nd one as I saw you talk about it ;-)

3rd one is a very small share in price  and company size.



@Leon wrote:
@slstock wrote:those who silently watch and act during these "dull" time might  get rewarded handsomely  in the future.

I see 3  shares on my watch gaining more interest than usual. VFIN  is 1 of them. The other one  I talked about already. Some huge orders appear and dissapear ( but without filling )

The 3rd..   is not a "big"  share in anyway .

Give us a clue to find the 2nd and 3rd share you talk about.
Is it TFIL?? I thought TFIL has clear potential in it's way.

12VFIN Prospects  Empty Re: VFIN Prospects Tue Nov 26, 2013 3:21 pm

nirowat


Manager - Equity Analytics
Manager - Equity Analytics
VFIN has shown good results with annualised profit over Rs 6 per share. What I am worried about is their impairment charges have been very low still which for me looks like holding things back.

Also their net asset value is around Rs 24 which is much lower than the current price. Remember the assets of financial companies are mostly sub prime hence there is a big risk that this will drop very quickly and profits will reverse even faster. Just look at TFC as an example.

13VFIN Prospects  Empty Re: VFIN Prospects Tue Nov 26, 2013 3:25 pm

nirowat


Manager - Equity Analytics
Manager - Equity Analytics
SLS, wonder if the 3rd is ECL Wink

14VFIN Prospects  Empty Re: VFIN Prospects Tue Nov 26, 2013 3:27 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
Their main impairments would come from pawning I presume.

As mentioned before, they only started pawning business in March. It was a good time to enter as the gold had already dropped/dropping for them. So they must have taken a cautious approach and there won't be too much impairment.

If you look at assets base of VFIN they are diffrerent to TFC . TFC has some serious issues and am not sure how they can reciover. Its too much time now. Once they looked like a turn around but it actually got worse. DP being behind VFIN is also positive incase of any emergency cash issue.



@nirowat wrote:VFIN has shown good results with annualised profit over Rs 6 per share. What I am worried about is their impairment charges have been very low still which for me looks like holding things back.

Also their net asset value is around Rs 24 which is much lower than the current price. Remember the assets of financial companies are mostly sub prime hence there is a big risk that this will drop very quickly and profits will reverse even faster. Just look at TFC as an example.

15VFIN Prospects  Empty Re: VFIN Prospects Tue Nov 26, 2013 3:42 pm

nirowat


Manager - Equity Analytics
Manager - Equity Analytics
May be DP should absorb VFIN into LB, especially after the budget !

16VFIN Prospects  Empty Re: VFIN Prospects Tue Nov 26, 2013 8:45 pm

Backstage

Backstage
Moderator
Moderator
@Leon wrote:
@slstock wrote:You already know the 2nd one as I saw you talk about it ;-)

3rd one is a very small share in price  and company size.



@Leon wrote:
@slstock wrote:those who silently watch and act during these "dull" time might  get rewarded handsomely  in the future.

I see 3  shares on my watch gaining more interest than usual. VFIN  is 1 of them. The other one  I talked about already. Some huge orders appear and dissapear ( but without filling )

The 3rd..   is not a "big"  share in anyway .

Give us a clue to find the 2nd and 3rd share you talk about.
Is it TFIL?? I thought TFIL has clear potential in it's way.



I think it is CTBL Neutral 

17VFIN Prospects  Empty Re: VFIN Prospects Tue Nov 26, 2013 10:30 pm

The Alchemist


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Backstage wrote:
@Leon wrote:
@slstock wrote:You already know the 2nd one as I saw you talk about it ;-)

3rd one is a very small share in price  and company size.



@Leon wrote:
@slstock wrote:those who silently watch and act during these "dull" time might  get rewarded handsomely  in the future.

I see 3  shares on my watch gaining more interest than usual. VFIN  is 1 of them. The other one  I talked about already. Some huge orders appear and dissapear ( but without filling )

The 3rd..   is not a "big"  share in anyway .

Give us a clue to find the 2nd and 3rd share you talk about.
Is it TFIL?? I thought TFIL has clear potential in it's way.

I think it is CTBL  Neutral 
the 3rd one which is not a "big" share could be that elephant.  
for the other, you got to know your abcd's..... ?



Last edited by The Alchemist on Wed Nov 27, 2013 12:00 am; edited 1 time in total

18VFIN Prospects  Empty Re: VFIN Prospects Tue Nov 26, 2013 11:01 pm

Leon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@The Alchemist wrote:
@Backstage wrote:
@Leon wrote:
@slstock wrote:You already know the 2nd one as I saw you talk about it ;-)

3rd one is a very small share in price  and company size.



@Leon wrote:
@slstock wrote:those who silently watch and act during these "dull" time might  get rewarded handsomely  in the future.

I see 3  shares on my watch gaining more interest than usual. VFIN  is 1 of them. The other one  I talked about already. Some huge orders appear and dissapear ( but without filling )

The 3rd..   is not a "big"  share in anyway .

Give us a clue to find the 2nd and 3rd share you talk about.
Is it TFIL?? I thought TFIL has clear potential in it's way.

I think it is CTBL  Neutral 
the 3rd one which is not a "big" share could be that elephant.  
for the other, you got to know your abcde's..... ?
Is it Bimputh Finance??

19VFIN Prospects  Empty Re: VFIN Prospects Wed Jan 22, 2014 11:52 am

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
Maybe now someone can  guess  the  small share/small company  I hinted  below ?? I know Kalum and Rainmaker will be able to ;-)




@slstock wrote:You already know the 2nd one as I saw you talk about it ;-)

3rd one is a very small share in price  and company size.



@Leon wrote:
@slstock wrote:those who silently watch and act during these "dull" time might  get rewarded handsomely  in the future.

I see 3  shares on my watch gaining more interest than usual. VFIN  is 1 of them. The other one  I talked about already. Some huge orders appear and dissapear ( but without filling )

The 3rd..   is not a "big"  share in anyway .

Give us a clue to find the 2nd and 3rd share you talk about.



Last edited by slstock on Wed Jan 22, 2014 12:51 pm; edited 2 times in total

20VFIN Prospects  Empty Re: VFIN Prospects Wed Jan 22, 2014 11:55 am

realstock


Senior Equity Analytic
Senior Equity Analytic
afro 

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