CFVF – Who knows? Sometimes it will pass Rs.120/- barrier

EPS

EPS

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Who Knows…?
I think possibility for CFVF to pass Rs.120/- barrier before end of this financial year 2014/15.
My short term barrier is before release the 06 month ended quarterly report, CFVF to pass Rs.70/- plus by 31.10.2014. Then expect, after the financial report, by 31.12.2014 Rs.90/- plus barrier and by end of 31.03.2015 Rs.120/- target.
Why?
As at three months ended CFVF reported 252 Mn & during july’14 another 421 Mn again. So, with in 04 months they reported 650 Mn Plus Profit. Hence high Possible for by 06 months ended 1 Billion mark (at least 850 Mn Plus) and 06 months ended EPS can be around 8 - 10 range. By annualizing to 2014/15 EPS possible for 15 or more. This can be directly impact to price & my target is more possible.
Currently CFVF is trading at last 4 quarters trailing EPS of 4.60 into trailing PE of 9. So, with the expected EPS of 15 into 9 PE, my target of Rs.120/- is possible by 31.03.2015.

cse.see (original)

cse.see (original)

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REVIEW OF OPERATIONS
First Capital Holdings PLC recorded a consolidated turnover of Rs. 577Mn for the first quarter of 2014/15, a growth of 17%
over the previous year. Consolidated profit after tax of the Group is Rs. 218Mn. This is a significant increase of 230% when
compared to the corresponding period of the previous year.
The Group’s subsidiary, First Capital Treasuries Limited, was the principal contributor to the results in the period under
units, namely, Structuring and Placement of Corporate Debt Securities, Investments in Corporate Debt Securities, Wealth
Management, Stock Broking and Margin Trading contributed positively to the group’s trading results.
We expect more trading opportunities in the year. Further, significant business opportunities through structuring and placement
in Listed Debt are expected as a result of prevailing low interest rate regime and tax benefits. First Capital Wealth Fund was
the best performing fixed income unit trust in the country for a consecutive period of three years as at 30 June 2014. Funds
under management have substantially grown during the period under review to Rs. 1.25Bn, a growth of 25% when compared
to the position at the commencement of year 2014/15.
First Capital Treasuries Limited launched “Platinum Bond Issue”, a medium to long term repurchase agreement backed by
Government Securities for the first time in Sri Lanka. The company raised a total fund in excess of Rs. 700Mn through the said
Bond Issue.
The Group continues to build on the growth momentum in the financial year 2014/15 with the increased level of primary
dealing operations and in the structuring and placement of corporate debt securities. The Group recorded a profit after tax of
around Rs. 400Mn in the Month of July 2014. The profit after tax to 31 July 2014 is around Rs. 620Mn.
The Group will also increase its focus on corporate advisory and the broader Investment Banking services business in its
journey towards achieving its vision of becoming Sri Lanka’s leading investment bank.
(Sgd.)
Managing Director

gayanath1983

gayanath1983

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how much NAV ?

RPPA

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21.65 machang. But companies are valued based on future earnings potential.

ESL 33.17.

cse.see (original)

cse.see (original)

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Currently COCR is trading @ NAV x 4 times.
CFVF defa will trade NAV x 4 times soon. breaking Rs.80 is not a big issue.

EPS

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Put all eggs into single basket. Bare risk. High Risk will give you high return. Early Birds will Buy CFVF below Rs 50, also will fill 100% of their Portfolios.

EPS

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CFVF will break 50 barrier today. Early birds will enjoy their party in next month. Currently I hold 100% of my PF with CFVF. This is Life time opertunity to me, Like 2010 BFL run.

anjelo

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isn't this the same company that a employee was caught stealing millions and millions???? and as i remember there account were wrong as well.this seems to be a clear pump and dump.
in a slow manner....

Free Man

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anjelo wrote:isn't this the same company that a employee was caught stealing millions and millions???? and as i remember there account were wrong as well.this seems to be a clear pump and dump.
in a slow manner....

God sake. just make a trade and earn some buck.

EPS

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Open eyes. Now everybody can see the trading patteren. Each day 1 - 2 Million Buying.

anjelo

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dumping times are near.my broker said 60 will be the limit

EPS

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Ask them to dump. I will buy at 60, even 70 also. will see next month.

dineshfernando

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CFVF and ESL both may pass 70/= comfortably.

CFVF might pay regular dividends in coming quarters as they earn excellent profits.

schemer

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be causes when touching red hot shares. i think better to value a share looking at the results delivered. we should speculate to some extent but should not go 100% only on speculation.

schemer

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cse.see (original) wrote:Currently COCR is trading @ NAV x 4 times.
CFVF defa will trade NAV x 4 times soon. breaking Rs.80 is not a big issue.

cocr can trade at a higher pb ratio because it is traded as a growth company.but funds trade near net asset value. so cfvf may not trade like cocr at higher pb.

kumarweerarathne

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dont forget that CFVF is subsidiary of CSEC(Dunamis) , so what will be price of CSEC?

CSE.SEE · 17 CFVF.N0000 Mon Sep 29, 2014 11:39 am

CSE.SEE

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http://forum.srilankaequity.com/t37052-cfvfn0000?highlight=cfvf

Market.Player

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Oh my goood.........
COCR flying as a roacket. Rs.48/- big order 175,000 shares cleared. May be 1 Billion Profits for 06 moths.

Sure, next will be CFVF. Will see afternoon.

Fairtrade

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Can see colors soon

Fairtrade

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I think we can see this trading at 60 tomorrow. Am I so optimistic??? bounce

Fairtrade

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Market.Player wrote:Oh my goood.........
COCR flying as a roacket. Rs.48/- big order 175,000 shares cleared. May be 1 Billion Profits for 06 moths.

Sure, next will be CFVF. Will see afternoon.

+rep for you. We can expect the same tomorrow. Grabbed around 52 during red days.

gayanath1983

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Best share in cse..

marusira

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gayanath1983 wrote:Best share in cse..

Yes strong run.75-80 achivable.

marusira

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cse.see (original) wrote:Currently COCR is trading @ NAV x 4 times.
CFVF defa will trade NAV x 4 times soon. breaking Rs.80 is not a big issue.

So ESL 120 Laughing

fff4sl

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Other than NAV is there any reason?

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CFVF – Who knows? Sometimes it will pass Rs.120/- barrier

1 CFVF – Who knows? Sometimes it will pass Rs.120/- barrier Tue Sep 23, 2014 12:07 pm

EPS

2 Re: CFVF – Who knows? Sometimes it will pass Rs.120/- barrier Tue Sep 23, 2014 3:32 pm

cse.see (original)

3 Re: CFVF – Who knows? Sometimes it will pass Rs.120/- barrier Tue Sep 23, 2014 4:23 pm

gayanath1983

4 Re: CFVF – Who knows? Sometimes it will pass Rs.120/- barrier Tue Sep 23, 2014 4:28 pm

RPPA

5 Re: CFVF – Who knows? Sometimes it will pass Rs.120/- barrier Tue Sep 23, 2014 5:27 pm

cse.see (original)

6 Re: CFVF – Who knows? Sometimes it will pass Rs.120/- barrier Tue Sep 23, 2014 6:48 pm

EPS

7 Re: CFVF – Who knows? Sometimes it will pass Rs.120/- barrier Wed Sep 24, 2014 1:04 pm

EPS

8 Re: CFVF – Who knows? Sometimes it will pass Rs.120/- barrier Wed Sep 24, 2014 1:57 pm

anjelo

9 Re: CFVF – Who knows? Sometimes it will pass Rs.120/- barrier Wed Sep 24, 2014 2:18 pm

Free Man

10 Re: CFVF – Who knows? Sometimes it will pass Rs.120/- barrier Thu Sep 25, 2014 10:48 am

EPS

11 Re: CFVF – Who knows? Sometimes it will pass Rs.120/- barrier Thu Sep 25, 2014 11:15 am

anjelo

12 Re: CFVF – Who knows? Sometimes it will pass Rs.120/- barrier Thu Sep 25, 2014 11:56 am

EPS

13 Re: CFVF – Who knows? Sometimes it will pass Rs.120/- barrier Thu Sep 25, 2014 12:16 pm

dineshfernando

14 Re: CFVF – Who knows? Sometimes it will pass Rs.120/- barrier Fri Sep 26, 2014 9:25 pm

schemer

15 Re: CFVF – Who knows? Sometimes it will pass Rs.120/- barrier Fri Sep 26, 2014 9:36 pm

schemer

16 Re: CFVF – Who knows? Sometimes it will pass Rs.120/- barrier Fri Sep 26, 2014 10:07 pm

kumarweerarathne

17 CFVF.N0000 Mon Sep 29, 2014 11:39 am

CSE.SEE

18 Re: CFVF – Who knows? Sometimes it will pass Rs.120/- barrier Wed Oct 15, 2014 1:02 pm

Market.Player

19 Re: CFVF – Who knows? Sometimes it will pass Rs.120/- barrier Wed Oct 15, 2014 1:43 pm

Fairtrade

20 Re: CFVF – Who knows? Sometimes it will pass Rs.120/- barrier Wed Oct 15, 2014 8:09 pm

Fairtrade

21 Re: CFVF – Who knows? Sometimes it will pass Rs.120/- barrier Wed Oct 15, 2014 8:11 pm

Fairtrade

22 Re: CFVF – Who knows? Sometimes it will pass Rs.120/- barrier Wed Oct 15, 2014 8:34 pm

gayanath1983

23 Re: CFVF – Who knows? Sometimes it will pass Rs.120/- barrier Wed Oct 15, 2014 9:25 pm

marusira

24 Re: CFVF – Who knows? Sometimes it will pass Rs.120/- barrier Wed Oct 15, 2014 9:27 pm

marusira

25 Re: CFVF – Who knows? Sometimes it will pass Rs.120/- barrier Wed Oct 15, 2014 9:30 pm

fff4sl

26 Re: CFVF – Who knows? Sometimes it will pass Rs.120/- barrier

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