FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» Prime Lands Residencies Limited (PLR)
by Nandun Today at 10:42 am

» GLAS will be winner with Super Gain.
by SL-INVESTOR Today at 9:14 am

» "MFL" DEAL to 12 RS (multi finance plc)
by sahan8896 Today at 7:48 am

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by Captain Yesterday at 11:51 pm

» Japanese money laundering via PABC Bank raise CB eye brows
by ChooBoy Yesterday at 9:35 pm

» Growing Fear
by Wickyz Yesterday at 8:15 pm

» Daily Foreign Transactions
by Pradeep90 Yesterday at 7:40 pm

» FUTURE of BROWNS INVESTMENT PLC (BIL)
by ONTHEMONEY Yesterday at 4:40 pm

» CONGRATULATIONS TO FINANCIAL CHRONICLE ON THIS 11TH YEAR
by CHRONICLE™ Yesterday at 3:31 pm

» HNB to merge with Seylan Bank?
by reyaz Yesterday at 11:37 am

» There are howmany funds in Sri Lanka?
by reyaz Tue May 04, 2021 4:52 pm

» Positive for BIL
by samaritan Tue May 04, 2021 3:33 pm

» The Introduction of COVID 19 Vaccine and CSE
by Mr. X Tue May 04, 2021 1:22 pm

» HAYLEYS FIBRE PLC (HEXP.N0000)
by samaritan Tue May 04, 2021 1:21 pm

» Next market support level
by celtic tiger Tue May 04, 2021 1:17 pm

» NDB.R An opportunity not to be missed
by stocknoob Tue May 04, 2021 12:56 pm

» Lanka Aluminum
by stockchaser Tue May 04, 2021 11:33 am

» Ban of chemical fertilizers is a great news
by Mr. X Tue May 04, 2021 9:43 am

» Jordan Belfort(The Wolf) vs Gorden Gekko who is the best Stock market related movie character ?
by dayandacool Tue May 04, 2021 7:40 am

» PAN ASIA BANKING CORPORATION PLC (PABC.N0000)
by wealth123 Mon May 03, 2021 9:37 pm

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » VFIN superb performance

VFIN superb performance

Go down  Message [Page 1 of 1]

1VFIN superb performance  Empty VFIN superb performance Fri Aug 07, 2015 6:29 pm

jayathu


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Net profit has increased by 45%, annualized eps 9.24. Surely it'll hit 85 levels.

2VFIN superb performance  Empty Re: VFIN superb performance Fri Aug 07, 2015 6:54 pm

venura


Manager - Equity Analytics
Manager - Equity Analytics
But compared to last qtr, profits hv gone down. last qtr they earned 110.9 mn. this qtr they hv earned only 90 mn. i think price will stay around 70 for a while. even their MD hv stopped buying co shares once the price exceeded 60/-

3VFIN superb performance  Empty Re: VFIN superb performance Fri Aug 07, 2015 7:16 pm

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@venura wrote:But compared to last qtr, profits hv gone down. last qtr they earned 110.9 mn. this qtr they hv earned only 90 mn. i think price will stay around 70 for a while. even their MD hv stopped buying co shares once the price exceeded 60/-


Yes this will be going back to 60 level

4VFIN superb performance  Empty Re: VFIN superb performance Fri Aug 07, 2015 7:35 pm

trader911


Senior Equity Analytic
Senior Equity Analytic
Don't c y it shld fall when Annualized earning above 9/=,looks very solid.. It has direction if u got patience it will reach Thr..

5VFIN superb performance  Empty Re: VFIN superb performance Fri Aug 07, 2015 9:14 pm

sandunj


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@trader911 wrote:Don't c y it shld fall when Annualized earning above 9/=,looks very solid.. It has direction if u got patience it will reach Thr.. 

Good point trader 911. You need to be patience. VFIN has potential to growth and will reach 85. It will have some up and downs that's mean stock market. Otherwise every one will become milliner from Cse ne Laughing

6VFIN superb performance  Empty Re: VFIN superb performance Sat Aug 08, 2015 10:12 am

eco


Senior Equity Analytic
Senior Equity Analytic

More importantly they have reduce the provision for Impairment.This is a key point for the coming quarters.


However, in the mid term we can expect VFIN to reach 90+ (My expectation 31st December 2015)


7VFIN superb performance  Empty Re: VFIN superb performance Sat Aug 08, 2015 5:38 pm

VIPULA


Stock Analytic
Stock Analytic
my expected price is 13+ is achievable ???

8VFIN superb performance  Empty Re: VFIN superb performance Sat Aug 08, 2015 10:44 pm

ONTHEMONEY


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@stockback wrote:
@venura wrote:But compared to last qtr, profits hv gone down. last qtr they earned 110.9 mn. this qtr they hv earned only 90 mn. i think price will stay around 70 for a while. even their MD hv stopped buying co shares once the price exceeded 60/-


Yes this will be going back to 60 level

Hi Guys,

I have analysed the QoQ financial performance of VFIN during the last 2 years. It suggest that the company is naturally strives to perform exceptionally well in Q3 and Q4 each year. 

Year      PeriodNet Profit
(In '000s)
 PER       PBR  DPS          EPS    NAV     Reserves  Retained
Earnings


2014Y372,7875.021.23 8.9736.4416,758929,735
2014Q4119,9703.901.23 11.5536.44297,282929,735
2014Q3105,5184.531.36 10.1633.81280,923836,771
2014Q281,2075.951.48 7.8231.35405,021610,312
2014Q166,0925.441.19 1.5929.09362,162559,451
2013Y303,9104.061.05 7.3128.42345,462548,128
2013Q4100,1243.081.05 2.4128.42345,462548,128
2013Q367,9664.401.10 1.6426.10314,215483,079
2013Q265,3254.771.23 1.5724.31288,618434,128
2013Q170,4934.461.25 1.7024.25245,581451,461
It indicates the pattern of the company where most of the yearly profits were exploited during the last 2 quarters. Further if we can compare QoQ 2014 Q1 vs 2015 Q1, we can identify a growth of 45% in profits which is a positive sign. However VFIN tactically performing well during the Q4 of an year. Therefore the profits for the Q1 is lesser than Q4.

Certain companies have their own ways and means of aggression in performance during an year in relation to the competition, regulators, in house capacities, etc.. Anyway now it is trading @ forward PE of 7.5x times. Hence if we anticipate the trend to continue in 2015/2016 FY we can expect the counter to move towards Rs 110/-. Therefore I would like to recommend VFIN as a mid term investment.

Happy Investments

9VFIN superb performance  Empty Re: VFIN superb performance Sun Aug 09, 2015 2:01 am

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@ONTHEMONEY wrote:
@stockback wrote:
@venura wrote:But compared to last qtr, profits hv gone down. last qtr they earned 110.9 mn. this qtr they hv earned only 90 mn. i think price will stay around 70 for a while. even their MD hv stopped buying co shares once the price exceeded 60/-


Yes this will be going back to 60 level

Hi Guys,

I have analysed the QoQ financial performance of VFIN during the last 2 years. It suggest that the company is naturally strives to perform exceptionally well in Q3 and Q4 each year. 

Year      PeriodNet Profit
(In '000s)
 PER       PBR  DPS          EPS    NAV     Reserves  Retained
Earnings











2014Y372,7875.021.23 8.9736.4416,758929,735
2014Q4119,9703.901.23 11.5536.44297,282929,735
2014Q3105,5184.531.36 10.1633.81280,923836,771
2014Q281,2075.951.48 7.8231.35405,021610,312
2014Q166,0925.441.19 1.5929.09362,162559,451
2013Y303,9104.061.05 7.3128.42345,462548,128
2013Q4100,1243.081.05 2.4128.42345,462548,128
2013Q367,9664.401.10 1.6426.10314,215483,079
2013Q265,3254.771.23 1.5724.31288,618434,128
2013Q170,4934.461.25 1.7024.25245,581451,461
It indicates the pattern of the company where most of the yearly profits were exploited during the last 2 quarters. Further if we can compare QoQ 2014 Q1 vs 2015 Q1, we can identify a growth of 45% in profits which is a positive sign. However VFIN tactically performing well during the Q4 of an year. Therefore the profits for the Q1 is lesser than Q4.

Certain companies have their own ways and means of aggression in performance during an year in relation to the competition, regulators, in house capacities, etc.. Anyway now it is trading @ forward PE of 7.5x times. Hence if we anticipate the trend to continue in 2015/2016 FY we can expect the counter to move towards Rs 110/-. Therefore I would like to recommend VFIN as a mid term investment.

Happy Investments
This is one of undervalued counter in the financial sector.
Mad Mad Mad

10VFIN superb performance  Empty Re: VFIN superb performance Sun Aug 09, 2015 4:51 pm

samaritan


Moderator
Moderator
@ONTHEMONEY wrote:
@stockback wrote:
@venura wrote:But compared to last qtr, profits hv gone down. last qtr they earned 110.9 mn. this qtr they hv earned only 90 mn. i think price will stay around 70 for a while. even their MD hv stopped buying co shares once the price exceeded 60/-


Yes this will be going back to 60 level

Hi Guys,

I have analysed the QoQ financial performance of VFIN during the last 2 years. It suggest that the company is naturally strives to perform exceptionally well in Q3 and Q4 each year. 

Year      PeriodNet Profit
(In '000s)
 PER       PBR  DPS          EPS    NAV     Reserves  Retained
Earnin



















2014Y372,7875.021.23 8.9736.4416,758929,735
2014Q4119,9703.901.23 11.5536.44297,282929,735
2014Q3105,5184.531.36 10.1633.81280,923836,771
2014Q281,2075.951.48 7.8231.35405,021610,312
2014Q166,0925.441.19 1.5929.09362,162559,451
2013Y303,9104.061.05 7.3128.42345,462548,128
2013Q4100,1243.081.05 2.4128.42345,462548,128
2013Q367,9664.401.10 1.6426.10314,215483,079
2013Q265,3254.771.23 1.5724.31288,618434,128
2013Q170,4934.461.25 1.7024.25245,581451,461
It indicates the pattern of the company where most of the yearly profits were exploited during the last 2 quarters. Further if we can compare QoQ 2014 Q1 vs 2015 Q1, we can identify a growth of 45% in profits which is a positive sign. However VFIN tactically performing well during the Q4 of an year. Therefore the profits for the Q1 is lesser than Q4.

Certain companies have their own ways and means of aggression in performance during an year in relation to the competition, regulators, in house capacities, etc.. Anyway now it is trading @ forward PE of 7.5x times. Hence if we anticipate the trend to continue in 2015/2016 FY we can expect the counter to move towards Rs 110/-. Therefore I would like to recommend VFIN as a mid term investment.

Happy Investments

DEAR ONTHEMONEY, 


 THERE IS SOME SERIOUS FLAW ABOUT THE QUARTERLY  EPS FOR THE FY 2014 SHOWN IN YOUR TABULATION. 


ACCORDING TO YOUR TABLE EPS FOR THE FY 2014 = Rs 31/12. ??????????????VFIN superb performance  Icon_madVFIN superb performance  2Q==     


PLEASE CHECK.

11VFIN superb performance  Empty Re: VFIN superb performance Sun Aug 09, 2015 6:00 pm

venura


Manager - Equity Analytics
Manager - Equity Analytics
Annualised eps figure has shown under each qtr. u hv to devide each figure by 4 to get the eps for each qtr. total of those figures will give the eps for 2014. i.e 8.97

12VFIN superb performance  Empty Re: VFIN superb performance Sun Aug 09, 2015 6:30 pm

bandara 123


Manager - Equity Analytics
Manager - Equity Analytics
VFIN has a chance of hitting Rs75 levels tomorrow with annualized EPS of above Rs9.0 levels.

13VFIN superb performance  Empty Re: VFIN superb performance Sun Aug 09, 2015 11:31 pm

jayathu


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
I don't think it'll hit 75 level tomorrow. It'll slowly reach 75-80 levels within few months. Next report will be critical, if it has a great report it will break 90 level easily.

14VFIN superb performance  Empty Re: VFIN superb performance Mon Aug 10, 2015 9:37 am

samaritan


Moderator
Moderator
@venura wrote:Annualised eps figure has shown under each qtr. u hv to devide each figure by 4 to get the eps for each qtr. total of those figures will give the eps for 2014. i.e 8.97

If so, refer to the eps figures for the FY2013. It can be clearly seen that the figures given for each quarter for FY 2013 is not annualized figures, so don't you think it is misleading to give annualized figures in the same table for the FY 2014.VFIN superb performance  Icon_evil

In my opinion it is clearly misleading. Experts pl comment.

15VFIN superb performance  Empty Re: VFIN superb performance Mon Aug 10, 2015 9:54 am

venura


Manager - Equity Analytics
Manager - Equity Analytics
yes, what u r saying is correct. in that table only some figures r annualiaed. i think its a mistake from onthemoney.
Anyway eps for the year ended 31.03.2015 is 8.97

16VFIN superb performance  Empty Re: VFIN superb performance Wed Aug 19, 2015 5:06 pm

Nuwan Prasad


Manager - Equity Analytics
Manager - Equity Analytics
@venura wrote:But compared to last qtr, profits hv gone down. last qtr they earned 110.9 mn. this qtr they hv earned only 90 mn. i think price will stay around 70 for a while. even their MD hv stopped buying co shares once the price exceeded 60/-

http://www.cse.lk/cmt/upload_cse_announcements/7901439982413_.pdf

Seems he has started buying shares again

17VFIN superb performance  Empty Re: VFIN superb performance Wed Aug 19, 2015 9:42 pm

suku502


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Will it down more or move ??

18VFIN superb performance  Empty Re: VFIN superb performance Thu Aug 20, 2015 1:42 am

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
This is undervalued share good for investment.
Razz Razz Razz

19VFIN superb performance  Empty Re: VFIN superb performance Thu Aug 20, 2015 10:31 am

pathiraja


Stock Trader
VFIN good for bye on this level it will reach soon for 80-85

Sponsored content


Back to top  Message [Page 1 of 1]

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