Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum 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
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය

Latest topics

» For Miss Sangeetha
by anges Today at 5:03 pm

» Tea prices up and up.Plantation shares down and down!
by fortuneteller Today at 1:16 pm

» coco.x share
by lakmal87 Fri Dec 15, 2017 10:45 pm

» නොමිළේම ඩොලර් (free $ 5 ) tokens
by cseguide Fri Dec 15, 2017 7:58 pm

» S&P upgrades DFCC Bank’s rating outlook from Negative to Stable
by TraderCSE Fri Dec 15, 2017 9:23 am

» CFVF will HIT. 40 BY Next. Thursday
by Yahapalanaya Thu Dec 14, 2017 10:50 pm

» Moody’s affirms ratings of three Sri Lankan banks; maintains negative outlook
by Miss-Sangeetha Thu Dec 14, 2017 8:39 pm

» best stocks to buy now
by Ryan Hudson Wed Dec 13, 2017 9:23 pm

» Current situation of the Adam group of companies
by anges Wed Dec 13, 2017 5:36 pm

» Avoid investing in Abans Group company shares
by fortuneteller Wed Dec 13, 2017 9:11 am

» People's Leasing Company
by prasa2004 Tue Dec 12, 2017 6:51 pm

» SDB - AN IMPRESSIVE PERFORMANCE
by prasa2004 Tue Dec 12, 2017 5:43 pm

» Beware of banking stocks
by prasa2004 Tue Dec 12, 2017 5:40 pm

» CEYLON COLD STORES PLC(CCS.N0000)
by Agape Tue Dec 12, 2017 2:49 pm

» Lanka Cement
by sureshot Tue Dec 12, 2017 11:09 am

» Roshan Egodage's Money Grabbing
by Investor1994 Mon Dec 11, 2017 7:10 pm

» CIFL ANY NEWS
by Gambino7 Mon Dec 11, 2017 12:13 pm

» CFT share එක මොනව හරි දෙයක් වෙනව වාගෙ.
by sameboy Sun Dec 10, 2017 6:43 pm

» BFN .. ORIENT FINANCE PLC
by Teller Fri Dec 08, 2017 10:52 pm

» Sri Lanka Exports up 12.9-pct in Sept
by Teller Fri Dec 08, 2017 10:38 am

» DECEMBER DISCOUNT
by Teller Fri Dec 08, 2017 10:30 am

» LLMP - New Strategic Marketing >>> Boooom
by Teller Fri Dec 08, 2017 10:27 am

» Why LLUB.N0000 going down ?
by Teller Fri Dec 08, 2017 10:20 am

» LDEV rights
by Teller Fri Dec 08, 2017 10:16 am

» SAMP Rights Issue
by niru Thu Dec 07, 2017 8:04 pm

HashFlare

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » VFIN target price -- Rs 80.00 within 2 months

VFIN target price -- Rs 80.00 within 2 months

Go to page : 1, 2  Next

View previous topic View next topic Go down  Message [Page 1 of 2]

1 VFIN target price -- Rs 80.00 within 2 months on Sun Feb 19, 2017 11:20 am

Harry82

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
First topic message reminder :

Vallibel Finance, the name-bearer of the iconic Vallibel Group, capped yet another outstanding Q3, reporting impressive returns for last 9 months of 2016.
Total income crossed the Rs.3 billion mile-stone, reaching Rs. 3.6 Billion, netting in an exponential growth of 43% as against the previous figure of Rs. 2.4 Billion. It was a robust 9 months for the company as all key indicators returned trumps.
Net interest income moved up 18.9% percent to reach Rs. 1.44 Billion bolstering the pre-tax profits which propelled to Rs. 934 Million, a growth of 47%.
The company stamped its stature on the loan book as well, disbursing Rs. 13.1 Billion during the same period of 2016, offering renewed impetus for growth for people across the country, as a far-fledged mandate of financial support took deeper roots reaching more people in more places.
This was evident in the loan book as total disbursements reached Rs. 23.7 Billion.
“Ours is a home-grown model of financial stewardship that makes us an integral part of the lives and dreams of our customers. At the same time, it’s all built on professionalism and accountability”– Dhammika Perera , Executive Director, Vallibel Finance
The increasing popularity of Vallibel Finance and the respect it commands in the market are evident in its performance which is clearly indicative of the increasing stature of the company. 


venura


Senior Equity Analytic
Senior Equity Analytic
Yes this share deserve a much higher price.

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
VFIN has been isolated & stagnant for a long period in undervalued status for unknown reasons though performed well. Surprisingly, in the past holders sold great volumes at lower prices. That could be certain market tactics in re-buying. Fresh movement would be further driven by March ending results.

SLFINANCEWATCH


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
VFIN will touch at least 85.00 within 2 months.

TARGET


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@SLFINANCEWATCH wrote:VFIN will touch at least 85.00 within 2 months.
Another GOD (or should I pronounce it from last letter to first letter), who can give targets with time frame... lol!

SLFINANCEWATCH


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Will see man..

TARGET


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@SLFINANCEWATCH wrote:Will see man..
I think you are a well educated man. Please don't do these kind of promotions.

venura


Senior Equity Analytic
Senior Equity Analytic
@target
I don't think it's an unethical promotion. He has given all reasons why he think share price should adjust to 85/-.

TARGET


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@venura wrote:@target
I don't think it's an  unethical promotion. He has given all reasons why he think share price should adjust to 85/-.
vfin is a good share but historically going in low PE. It's good to educate members by giving facts and datas, but giving targets with time frames to fool new comers and unload someones quantity is unacceptable.  If you see it in a unbiased way , you will understand it  venura.

SLFINANCEWATCH

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
I should say again , will see..
If you all think that I'm doing a damn promotion, you may ignore my comments..
New comers.. sorry for my comments about VFIN, It will not touch even 70.00 within 2 months..Mr.Target want me to say that to you all..

SLFINANCEWATCH

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Mr.Target see all my earlier posts about VFIN and explain what you mean by low PE ..?

TARGET


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@SLFINANCEWATCH wrote:I should say again , will see..
If you all think that I'm doing a damn promotion, you may ignore my comments..
New comers.. sorry for my comments about VFIN, It will not touch even 70.00 within 2 months..Mr.Target want me to say that to you all..
Oh dear don't go off topic. If you can say, share X go to price R in the time T   Shocked ...poohhh....you must be richer than warren buffet..
Now what I am trying to say must be clear to anyone.. Very Happy 
Because if someone rich like warren buffet, will not come here to promote his share.. Razz

SLFINANCEWATCH

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Ok sir..u r not a human..u r a god..u r a special man in this forum..u always think about others..specially about new comers..
But dont u have any idea about the shares u invest ? U are not expecting that share to hit Rs.*** in next year or within few months ? U dont do ur own analysis ? Ha 
U dont predict about its future ?

Or u r not publishing ur  analysis here ? Everyone cant be buffet or gates..but im a good investor..Take VFIN..I may be wrong in short term but as an investment i will surely get a 200% return within 2-3 years..
keep my words in your mind boss..

Please explain sir..

SLFINANCEWATCH

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
 by SLFINANCEWATCH on Thu Apr 13, 2017 7:46 am


Normally VFIN deliver much better results in last quarter, So EPS will be 17.00+ and NAV will be 60.00+.
There will be a correction in mkt prices of VFIN, LFIN.( Both are too much undervalued )
Current PER is below 4.00 and PBV is 1.05

If mkt price reach  85.00, PER = 5.00, PBV = 1.33
If mkt price reach 102.00, PER = 6.00, PBV = 1.65

Last year EPS = 12.00 , This year EPS = 17.00 , 2018 March EPS = ?? minimum 22.00 , Then if they give Rs.2.50 dividend NAV as at march 2018 = 80.00, 

Then within 12 months PER and PBV analysis will be like this.
Mkt price = 110.00, PER = 5.00, PBV = 1.40
Mkt price = 132.00, PER = 6.00, PBV = 1.65

Meanwhile if interest rates drop PER of 9.00 and PBV 2.00 is possible ( like in 2014 ).

Mkt price = 160.00, PER 7.40, PBV = 2.00

Any comments..


_________________
This is my own view on this matter, Please do your own Analysis and Decide. 

Good Luck !!!
 


SLFINANCEWATCHAssistant Vice President - Equity Analytics


Posts : 658
Equity Stars : 2085
Reputation : 16
Join date : 2014-01-28
Location : COLOMBO

SLFINANCEWATCH

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Mr.Target..
See my 1st post on VFIN..and remember this..
U are somewhat right..low PE..but still see the value of this.
In any situation 4,5,6 is a Low PE ratio..speciall return on equity is about 30.00%

venura


Senior Equity Analytic
Senior Equity Analytic
@SLFW
Do u hv any additional information about vfin. Such as
Any chance for the company to double its profits
Rights issue
Share split
Impact from the restrictions on leasing
Any new products/investments etc

SLFINANCEWATCH

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Venura..
Do not have much information on theee things, But there will be good chance for a share Split..As they have only 30 branches they have much more space to grow their biz through nebw brznches.
Think they open few in last few months as well.
Others like PLC, LOFC, CFIN, LFIN do not have that chance as they are already covered most part of the country.
VFIN have an edge on that factor..10 new Branches will easily increase their NIM's by 20.00% - 30.00%.

Analysing past results and market situation VFIN will surely post 925 mn + PBT In next year (700Mn * 30.00%).
I.e a EPS of 22.00.
And NAV will be about 80.00.

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Expected price might be reached before the said period Or even after that. Timing predictions are far reachable.

TARGET


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@SLFINANCEWATCH wrote:.Take VFIN..I may be wrong in short term but as an investment i will surely get a 200% return within 2-3 years..
oh yes boss. thanks. this is what I exactly say. See the topic. Hit 80 in 2 months. So say new comers buy vfin following you, hoping to sell it 80 in 2 months. Assume he want money in 2 months time. But in 2 months time price may have declined. who knows.. Now what happens.. he will be in a deep shit hole... Then you can come and say this have a long term value and blaa blaa...But will it help him???
So my friend you are an educated and intelligent guy. I think you can understand what I am trying to say. So pls give only your analysis (Technical or fundamentals). Never give short term target prices..BECAUSE IT'S OTHERS BLOOD..

SLFINANCEWATCH

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Thanks for your advices dude..

SLFINANCEWATCH

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Smile Very Happy Smile Very Happy

TARGET


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Thanks slfinance for analysis. No doubt long term winner like lfin.

venura


Senior Equity Analytic
Senior Equity Analytic
Not sure about the forecasted mkt prices. But really interesting to analyse the performances of a company like this. Continues growth in every performance indicator. Can remember in 2007 they recorded just 6Mn as profits. After 10 years its recording nearly 1Bn. Credit should go to top management for implementing a nice business model. Even the staff is having a nice growth with the company. Some of the guys who joined in 2007 as mkting executives hv become branch managers today. If the share price reach to the levels SLFW has predicted shareholders will hv a nice time too.

venura


Senior Equity Analytic
Senior Equity Analytic
As slfw predicted vfin has delivered outstanding results for this qtr too. Eps over 21(annualized),nav over 60.

Yahapalanaya

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
Good share for long term investing.No need to worry about price movement.Dividend it self would give good amount.

venura


Senior Equity Analytic
Senior Equity Analytic
I think they will declare 3 or 3/50

SLFINANCEWATCH

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Exceptional results from VFIN, They continuously deliver good results in last few years.

Last Quarter Annualized EPS : Rs. 21.17    PE at 68/- = 3.21
Last Year EPS : Rs. 17.48 PE at 68/- = 3.89

Sector PE 7.50

SLFINANCEWATCH

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Last Quarter Annualized EPS : Rs. 21.17    PE at 70/- = 3.30
Last Year EPS : Rs. 17.48 PE at 70/- = 4.00

Sector PE 7.50

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Some strong shares are not well recognized by many of its intensity but few.

SLFINANCEWATCH

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Agree with Worthiness..
Considering VGIN's ROE ( 32%+), EPS ( Last Quarter = 21.17 and Last Financial Year = 17.48 ), NAV of 61.50 this should trading at around Rs.100.

Finance Sector PER = 7.60 × 17.48 = Rs.132.80

Harry82

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Rs 3.50 dividend possible

venura


Senior Equity Analytic
Senior Equity Analytic
@SLFW
How do you compare vfin with lolc. Lolc's EPS is 24. For the dec qtr lolc has achieved nearly 3bn profits.

View previous topic View next topic Back to top  Message [Page 1 of 2]

Go to page : 1, 2  Next

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