Most undervalued SPEN CFIN - sleeping giants

cseguide · 1 Most undervalued SPEN CFIN - sleeping giants Fri Sep 18, 2020 12:12 pm

cseguide

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I thought of finding undervalued counters at this market. for the time being, I present these two
market price NAV fair value(target)
CFIN 80.00 202 160+

SPEN 38 120 80+

CFIN profit-making company but spen making some losses mainly due to tourism sector loss.
If mels with losses adjusted to its book value of 35. why not spen can't move to just half of its book value.

Last edited by cseguide on Fri Sep 18, 2020 12:55 pm; edited 2 times in total

Kipling · 2 Re: Most undervalued SPEN CFIN - sleeping giants Fri Sep 18, 2020 12:20 pm

Kipling

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Hi Cseguide
I saw Cflb loss down 85% to 115mn. Provision 400mn. So cash profits. NP moves from 0 (December 2019) to 4.2 Mn (June). Heavy buying last few days & maybe even today. Read many things on other forum. Hearing many positives under new Chairman SDR Arudoragasam. Run on soon???Thanks.

cseguide · 3 Re: Most undervalued SPEN CFIN - sleeping giants Fri Sep 18, 2020 12:34 pm

cseguide

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Kipling wrote:Hi Cseguide
I saw Cflb loss down 85% to 115mn. Provision 400mn. So cash profits. NP moves from 0 (December 2019) to 4.2 Mn (June). Heavy buying last few days & maybe even today. Read many things on other forum. Hearing many positives under new Chairman SDR Arudoragasam. Run on soon???Thanks.

yes i am positive on CFLB future now.

current price 10.60 fair value 15

cseguide · 4 Re: Most undervalued SPEN CFIN - sleeping giants Fri Sep 18, 2020 9:33 pm

cseguide

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cseguide wrote:

Kipling wrote:Hi Cseguide
I saw Cflb loss down 85% to 115mn. Provision 400mn. So cash profits. NP moves from 0 (December 2019) to 4.2 Mn (June). Heavy buying last few days & maybe even today. Read many things on other forum. Hearing many positives under new Chairman SDR Arudoragasam. Run on soon???Thanks.

yes i am positive on CFLB future now.

current price 10.60 fair value 15

sorry this should be current price 10.60 fair value 20+

Harry82 · 5 Re: Most undervalued SPEN CFIN - sleeping giants Fri Sep 18, 2020 10:01 pm

Harry82

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compare with CFIN, LFIN is the best
LFIN target Price Rs 170.00 Short term)

cseguide · 6 Re: Most undervalued SPEN CFIN - sleeping giants Fri Sep 18, 2020 10:31 pm

About AITKEN SPENCE PLC

anges · 7 Re: Most undervalued SPEN CFIN - sleeping giants Sat Sep 19, 2020 5:39 pm

anges

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spen and ahun both good counters ! did not move up so far ! need a few good quarterly results ! then for sure you will see it moving

reyaz · 8 Re: Most undervalued SPEN CFIN - sleeping giants Sun Sep 20, 2020 5:13 pm

reyaz

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Dont be comfortable when things seem so....... predictable. Cool

jaya · 9 Re: Most undervalued SPEN CFIN - sleeping giants Sun Sep 20, 2020 5:55 pm

jaya

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Harry82 wrote:compare with CFIN, LFIN is the best
LFIN target Price Rs 170.00 Short term)

Most of the shares move by 30%, if apply same percentage to Lfin it should be 175-180 level.

cseguide · 10 Re: Most undervalued SPEN CFIN - sleeping giants Mon Sep 21, 2020 12:06 am

cseguide

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jaya wrote:

Harry82 wrote:compare with CFIN, LFIN is the best
LFIN target Price Rs 170.00 Short term)

Most of the shares move by 30%, if apply same percentage to Lfin it should be 175-180 level.

Lfin NAV-167 market price 138
Cfin NAV-202 MARKET PRICE 81
LFIN is a finance company only has one subsidary in Myanmar

CFIN has more than 15 subsidaries or assoicate companies including
*Central Industries PLC
*Nations Trust Bank PLC
*Tea Smallholders Factories PLC
Threfore I think CFIN is more undervalued compare to LFIN and more diversified to face current challenging environment.

Harry82 · 11 Re: Most undervalued SPEN CFIN - sleeping giants Mon Sep 21, 2020 3:58 am

Harry82

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CFIN Profit down 77 % ,company profit down 106 % therefore price also down to 81.00

jaya · 12 Re: Most undervalued SPEN CFIN - sleeping giants Mon Sep 21, 2020 10:09 am

jaya

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cseguide wrote:

jaya wrote:

Harry82 wrote:compare with CFIN, LFIN is the best
LFIN target Price Rs 170.00 Short term)

Most of the shares move by 30%, if apply same percentage to Lfin it should be 175-180 level.

Lfin NAV-167 market price 138
Cfin NAV-202 MARKET PRICE 81
LFIN is a finance company only has one subsidary in Myanmar

CFIN has more than 15 subsidaries or assoicate companies including
*Central Industries PLC
*Nations Trust Bank PLC
*Tea Smallholders Factories PLC
Threfore I think CFIN is more undervalued compare to LFIN and more diversified to face current challenging environment.

LFIN is continuously paid and maintain generous dividend policy

Year	Div. Paid
2019	12.00
2018	11.00
2017	9.00
2016	7.50
2015	10.00
2014	6.50
2013	6.50
2012	5.00
2011	3.50
2010	5.00

Eranga87 · 13 Re: Most undervalued SPEN CFIN - sleeping giants Mon Sep 21, 2020 12:53 pm

Eranga87

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ADD TO DIMO N . within a month it will trade above Rs. 650. (NAV above Rs. 1300). try to collect bellow Rs.350 level.

cseguide · 14 Re: Most undervalued SPEN CFIN - sleeping giants Mon Sep 21, 2020 9:06 pm

cseguide

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cseguide wrote:

cseguide wrote:

Kipling wrote:Hi Cseguide
I saw Cflb loss down 85% to 115mn. Provision 400mn. So cash profits. NP moves from 0 (December 2019) to 4.2 Mn (June). Heavy buying last few days & maybe even today. Read many things on other forum. Hearing many positives under new Chairman SDR Arudoragasam. Run on soon???Thanks.

yes i am positive on CFLB future now.

This should be current price 10.60 fair value 20+

As I gave my target price for CFLB it started the run from 10.60 to 13.50 today. No matter this is a 20+ share and definitely break my target of 20+ soon.