AAF Profit increased by 130%

dineshfernando · 1 AAF Profit increased by 130% Thu Oct 23, 2014 7:20 pm

dineshfernando

Senior Manager - Equity Analytics

Posts : 573
Equity Stars : 4684
Reputation : 32
Join date : 2011-02-05

Excellent performance by AAF. Net interest income increased by 26%. Profit for the year increased by 130%

dilshan unawatuna · 2 Re: AAF Profit increased by 130% Thu Oct 23, 2014 11:05 pm

dilshan unawatuna

Manager - Equity Analytics

Posts : 140
Equity Stars : 3541
Reputation : 3
Join date : 2012-01-08

@dineshfernando wrote:Excellent performance by AAF. Net interest income increased by 26%. Profit for the year increased by 130%

our profits could be increased by 150%,,,, Very Happy

pathfinder · 3 Re: AAF Profit increased by 130% Thu Oct 23, 2014 11:25 pm

pathfinder

Senior Manager - Equity Analytics

Posts : 441
Equity Stars : 4064
Reputation : 33
Join date : 2011-08-19

Actually this is not a good result,look at the other operating income which is non recurring and has increased by 963% Evil or Very Mad

If this amount is deducted their profit is down compared to last year.

See segmental income Leases,hire purchases and investments down compared to last year Evil or Very Mad

Speculation can bring this to new highs but it is not justified by the fundamantals Very Happy

dineshfernando · 4 Re: AAF Profit increased by 130% Thu Oct 23, 2014 11:31 pm

dineshfernando

Senior Manager - Equity Analytics

Posts : 573
Equity Stars : 4684
Reputation : 32
Join date : 2011-02-05

Just checked Muthoot Finance Financials for the quarter ended 30 June 2014. The results are very good.

Trading at INR 185.70. EPS for 2013/14 is INR 20.99.

The dividend yield is very attractive. In 2014 they have declared 3 dividends in total INR 7. In 2013 they have declared INR 11.50.

http://www.bseindia.com/stock-share-price/stockreach_financials.aspx?scripcode=533398&expandable=0

http://economictimes.indiatimes.com/muthoot-finance-ltd/infocompanydividends/companyid-33218.cms

The same thing will happen to AAF as well. When Muthoot comes to the board they will declare good dividends. The future is very good for AAF.

We can expect profits to grow by at least 300% in six months time when all forty branches starts functioning with pawning facilities.

http://www.topjobs.lk/employer/advertismentpreview.jsp?jc=0000247395&ac=DEFZZZ&ec=DEFZZZ

Sponsored content

Latest topics

AAF Profit increased by 130%

1 AAF Profit increased by 130% Thu Oct 23, 2014 7:20 pm

dineshfernando

2 Re: AAF Profit increased by 130% Thu Oct 23, 2014 11:05 pm

dilshan unawatuna

3 Re: AAF Profit increased by 130% Thu Oct 23, 2014 11:25 pm

pathfinder

4 Re: AAF Profit increased by 130% Thu Oct 23, 2014 11:31 pm

dineshfernando

5 Re: AAF Profit increased by 130%

Sponsored content