@WealthKing wrote:Hello Guys,
Vfin may soon release December Quarter results (As per their previous year patterns).
As per my analysis, their this Quarter EPS comes around Rs 7.5 and this would be a huge improvement in earning compared to their 2 nd Quarter results and last year same quarter.
NAV will increase to 125, with the above Eps share price can quickly adjust over Rs 180 at least ( Annualized Eps 30 (7.5*4) * PE of 6)
Further Dividend of at least Rs 5 is possible since LFIN also gave Rs 12.
Another plus point is a highly possible share split (possibly 4 to 1) in coming weeks since DP is initiating Share splits in most of the listed companies.
Bonus point - As per my analysis, their March 2021 Quarter would be over Rs 9 (Annualized Rs 36 to 40) since Provision reversals are expected in the last quarter.
How can we expect provision reversals in March Quarter ?
Are the cash flows getting better ?