VFIN and LFIN

malan100 · 1 VFIN and LFIN Mon Jun 24, 2013 1:18 pm

malan100

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both vfin and lfin prices go downwords although having a good profile and decent divident. is it worth to have these shares in current price. any expert ideas please.

Arena · 2 Re: VFIN and LFIN Mon Jun 24, 2013 2:51 pm

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2 years ago Vfin was at 40........for a long time. it performed very well and PE was same as today. With in very few days it touched 90 and then 125 with the split announcement.

Same thing is repeating. This may go to 31 after the dividend but Value is above 50. They are doing a good marketing campaign as well with bill boards.

Richie · 3 Re: VFIN and LFIN Mon Jun 24, 2013 6:02 pm

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What is not going down?.... I believe looking at latest figures and the trend both Lfin and VFIN will give value for your money.... But given situation share prices could go down further and opportunities are yours.... Both the companies are very well run.

malan100 · 4 re Mon Jun 24, 2013 9:05 pm

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thank you arena and richie.

Oracle797 · 5 Re: VFIN and LFIN Tue Jun 25, 2013 10:48 am

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I think LFIN will suffer from gold impairment expense in next quarter. My opinion is to move away from financial counters in recent future.

malan100 · 6 re vfin lfin Tue Jun 25, 2013 1:32 pm

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yes good point oracle. but as i knw only 24% involve in gold business. so im also thinking wether will it affect lfin in next quater or not though they have taken necesary steps to manage the risk. except from gold risk lfin is fundementaly attactive company. in two minds to buy lfin or not in current price with divident.