CFVF - First Capital

Ethical Trader wrote:

Leon wrote:

Ethical Trader wrote:Very good analysis PF. I like the way you analyse.

My average cost of cdvf is around Rs:20/= . I am a sort of dividend invester & I rarely trade. ? PF, Is it good to sell when the target comes or hold even after reaching the target.  

Wow. You must be a very happy man.
@ET, What reason made you to collect CFVF around 20.00 level??

This was during last bull-run & thereafter the price came tumbling down & I even thought of selling at a loss but just didnt do that as I had holding power. Could have bought more at lower price levels but was reluctant (1) as there was a fraud in the company and (2) was not aware of its potential.

suja wrote:I collected the share at 16 and sold it at 24 and again collected at 32 and  36 did not sell still

Ethical Trader wrote:Very good analysis PF. I like the way you analyse.

My average cost of cdvf is around Rs:20/= . I am a sort of dividend invester & I rarely trade. ? PF, Is it good to sell when the target comes or hold even after reaching the target.  

Is it good to sell when the target comes or hold even after reaching the target.  

WasteofTime wrote:CFVF Game is over. I dumped all my holding today.

chinwi wrote:

Is it good to sell when the target comes or hold even after reaching the target.  

We set our targets considering the situation prevailed at that time.
If you know the real reason you bought the share, have good understanding of its business then you can adjust your targets according to present conditions.

Although this is important with any share, this is highly relevant to shares like CFVF which step into new phases in quick manner responding to external economic/legal/policy adjustments.  

This type of approach is also valuable with the shares directly connected to the external effects that we can watch easily -such as Rubber , Tea ,hydro and oil power companies -  so that we can take decisions before others. ( to sell  or buy more)

If you bought a share without such special reason and when it reached your target without any specific reason then I think it is better to drop it.

For eg., take CFVF,  I had some qty bought @ around 16-18 kept for months and when it reached 20s bought more, bought again @ 32 and again @ 44 , and @ 52, few @ 56 ...  didn't sell a single share during the process.  
(except about 15,000 sold @ 23/- due to unexpected sudden pressure from the broker* few days before it reached 30s. Fortunately I bought same qty same day using my margin in SMB account.  )

* similar to what they did last week

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pathfinder wrote:

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Outstanding performence,

Q EPS is 6.05 last year 0.28

Eps for six months 8.12 last year 0.89

NAPS 25.97 last year 17.23

Enough for a ride 

Leon wrote:

pathfinder wrote:

Top Trader wrote:[You must be registered and logged in to see this link.]

Outstanding performence,

Q EPS is 6.05 last year 0.28

Eps for six months 8.12 last year 0.89

NAPS 25.97 last year 17.23

Enough for a ride 

It looks that the price already has adjusted to the Q reports. Next hope is the dividend I guess.

slstock wrote:Let be happy but let us not expect these results again.  I would be happy if they can report Rs 12-13 eps for the whole year. 
Anything more  will be bonus but we should not expect Rs 6 eps a quarter again.

Lot of people were waiting to sell over 65-70 after the releasing  of the report and selling pressure caused the price down. 
Some people bought  early morning today @ 57-58 on credit expecting quick gain. 
They sold with losses.

First Guy wrote:One must understand that although the profits are great, it will not be recurring. If one buys now expecting a dividend, I doubt it will be worth anyway. Those who spotted and got in early are the winners.

Nuinth wrote:


I'm not believing, price has adjusted with Q reports. Still I'm believing some dirty game playing by some one/party. Bit disappoint about that. But do not loose the patient, wait for the next move or news. 


Good luck

stocks hunter wrote:What has happened here is brokers collected massively this share on credit basis as well.There target is the Q reports and once the reports came out they don't want to study it and sold everything like MAD fellows.All of these brokers got the benefit of our discussions here massively.

In every company if you think the short term there's a risk. Can you expect REXP to give QOQ profit growth in every Q and continue like this? Can u expect KGAL to remain like this for ever? Can you expect LIOC to go on and reporting good profits like this in every Q.In last Q every body expected profit growth from LGL. What has heppened? Reported profit was down by 80%. Then X share (I had this) came down to Rs 27 levels from Rs34 levels in two days time and now trading above Rs34 levels and even they have not yet publish their Sep Q reports even. Same happened to LIOC as well. Hit Rs45 and came down to Rs 37 levels now trading Rs 48 levels. Take TAFL. Every body expected good Q reports in June. But came out with a small loss. Share came down to Rs49 levels after hitting Rs 60 levels and now trading Rs 57 levels. Sep Q reports yet to publish here as well.

This short term mentality is killing sri lankan investors. Our brokers have no ideas what to do execept day trading/ short term trading. Long term players nothing to worry.

suja wrote:Remember the family has appx. 78% of the shares (Dunamis/Janashakthi) based on the report. So a good dividend is due. Say you collect at Rs.55 and the announce Rs6. ? What price should the share be?

First Guy wrote:Not sure if this makes sense or useful...

CFVF History