posted
Vfinance is an investment banking/trading company that is extremely cheap. It is at .27 and is expected to earn .04 this year. In the first quarter it earned .01. This would give the company a forward P/E of 6, while it is growth at 35% a year. Investment banking is the place to be right now, just look at Lazard/Goldman Sachs.
They are also aquiring companies to boost their growth
Member Rated: posted May 24, 2006 09:48 -------------------------------------------------------------------------------- Blue, CNR and CHID are losing yesterday's gains.
NWD and SUWN are continuing to slowly creep up.
Out of all those stocks I listed, only LSGP, WEGIE and ZENX are showing any action, mixed bag up and down. DPW continues to crash which baffles me.
posted May 24, 2006 10:06 -------------------------------------------------------------------------------- Purl Gurl, VFIN will drive ya nuts! It can go for months with about as much action as watching grass grow..
VFIN and NITE go at it in court from time to time, could be part of it.
'Been in an out playing it for a couple yrs.
Leeds picked it over a year ago..Think he put the roof on at about a buck. -------------------------------------------------------------------------------- Posts: 8147 | From: oregon | Registered: Feb 2005 | IP: Logged |
Purl Gurl Member
Member Rated: posted May 24, 2006 10:13
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quote:Originally posted by josh4580: It is at .27 and is expected to earn .04 this year. In the first quarter it earned .01. This would give the company a forward P/E of 6, while it is growth at 35% a year.
VFIN has been of interest to me for years, and generally i like it. but - i'm not sure it's fair to say they're "expected to earn .04 this year", also am not sure about the 35% growth rate. their revs and bottom line have historically been choppy: last year they actually lost .03 on the year, on a drop in revs from the year before.
their 1Q was good, and i remain interested in VFIN - don't get me wrong. i am certainly a fan of their $6M on the balance sheet.
there's also things i'm cautious about though, if you read over the last 10K. expenses ballooned quite a bit, for example. while their last Q was good, they did lose money in each of the 4 Q's the previous year. if they can start stringing consecutive Q's of profits from their core business together and any of their new business develops well - certainly VFIN could take off. i'd not 100% sold that they can produce consistent profits and keep costs in line yet though.
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posted
Hey Blue, ever notice how the Garbage can run Hundreds of percentages in a day, and then a reasonable little company like this just flatlines...LOL
Gee, could it possibly be that garbage is easier to Hustle because of company involvement...LMAO Da, just can't seem to figger it out, da.
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