Whats wrong with CFVF ?

taniya1111 · 1 Whats wrong with CFVF ? Tue Mar 19, 2013 2:28 pm

taniya1111

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I bought 120000 shares of CFVF at avg price Rs 12.20 , I am still confident about the share but would like to know the real reason behind the downfall of the share, Is it normal or is there a special reason for the downfall. Because still i can't find a reason for the downfall. Experts comments are needed...

Hawk Eye · 2 Re: Whats wrong with CFVF ? Tue Mar 19, 2013 4:41 pm

Hawk Eye

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Dont know how much yield their bond portfolio and margin trading portfolio contributes to the operational performance.

In the past it was capital gains from disposal of subsidiary made numbers talking. but now they have to solely rely on operational performance

The Alchemist · 3 Re: Whats wrong with CFVF ? Tue Mar 19, 2013 4:58 pm

The Alchemist

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taniya1111 wrote:I bought 120000 shares of CFVF at avg price Rs 12.20 , I am still confident about the share but would like to know the real reason behind the downfall of the share, Is it normal or is there a special reason for the downfall. Because still i can't find a reason for the downfall.

Perhaps you should also read this thread if you have not.

http://forum.srilankaequity.com/t26081-cfvf-future#153247

So prices have dropped by over 10 % of your average price. its not uncommon for this to happen. you can see this happening to many shares recently. Th only thing that comes to mind re CFVF is that interest rates are not declining as fast as originally anticipated and this is due to persistent high inflation. so despite Cabraals often repeated monetary policy stance of easing interest rates, it may not happen any time soon ! This could negatively impact CFVF profitabilty as explained in above attached thread - CFVF Future.