ASIA ASSET FINANCE PLC (AAF.N0000)

smallinvestor · **251** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Sat Jun 03, 2017 11:17 am

smallinvestor

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No movements for a long time. Any idea about this counter.

Miss-Sangeetha · **252** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Sat Jun 03, 2017 8:33 pm

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AAF is a highly liquid share more than 130 million shares in the market; even 10 cents increase will attract huge amount of share influx.

Last edited by Miss-Sangeetha on Sat Jun 03, 2017 9:01 pm; edited 1 time in total

Teller · **253** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Sat Jun 03, 2017 8:53 pm

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Hahahahahahha...

Eugine Fernando · **254** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Sun Jun 04, 2017 1:04 pm

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Miss-Sangeetha wrote:AAF is a highly liquid share more than 130 million shares in the market; even 10 cents increase will attract huge amount of share influx.

Miss Sangeetha I agree with you.

thankrishan · **255** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Mon Jun 05, 2017 7:23 pm

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Audited Financials are out, Doing well day by day. This could be the bull tomorrow.

soileconomy · **256** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Tue Jun 06, 2017 6:52 am

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Now their accumulated losses has been completely wiped out.possibility of declaring a dividend near future.only bad thing Indians are in the control of company

Chillr_25 · **257** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Thu Dec 13, 2018 2:48 pm

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Woah! This is edifying. I must share it with my brother. He is taking exam for becoming a successful advisor and helping him by sharing all informative posts with him. Last time I shared the topic about what is equity with him and was very happy.

4Corners · **258** ASIA ASSET FINANCE PLC (AAF.N0000) Thu Oct 24, 2019 11:04 am

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4Corners · **259** AAF.N0000 Fri Nov 29, 2019 10:30 am

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Randikaayesh123 · **260** AAF next week running Sun Dec 08, 2019 6:15 pm

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AAF touch Rs 15.00.short term good profit .

NANDANA2012 · **261** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Sun Dec 08, 2019 9:53 pm

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EPS Only 0.8 ? How to touch 15 ?

KavinduTM · **262** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Sun Dec 08, 2019 10:15 pm

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Yeah even when its all time high is 9.80. 15 is too much.

Teller · **263** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Mon Dec 09, 2019 1:24 am

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Yes AAF price will decide by indian team. Im sure they will not pay high.

engineer · **264** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Wed Jul 08, 2020 10:42 pm

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any idea why such a huge surge, sellers cant even match the buying pressure Neutral

soileconomy · **265** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Thu Jul 09, 2020 3:11 am

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Rights issue is in the corner ?or Indians exit .?I prefer Indians exit and new Lankan investor takes control .
Or may be heigher Good prices ...

mahasona2 · **266** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Thu Jul 09, 2020 8:42 am

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engineer wrote:any idea why such a huge surge, sellers cant even match the buying pressure

ITS GOING TO GET MERGED WITH AFSL
THAT IS THE NEWS AND NOW ITS AROUND 9 NO MORE SURGE

mahasona2 · **267** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Thu Jul 09, 2020 8:42 am

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engineer wrote:any idea why such a huge surge, sellers cant even match the buying pressure

ITS GOING TO GET MERGED WITH AFSL
THAT IS THE NEWS AND NOW ITS AROUND 9 NO MORE SURGE

sureshot · **268** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Thu Jul 09, 2020 8:45 am

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soileconomy wrote:Rights issue is in the corner ?or Indians exit .?I prefer Indians exit and new Lankan investor takes control .
Or may be heigher Good prices ...

I prefer Lankan Investor as THE FINANCE PLC
to take control....... Very Happy

be safe...
Invest safe....

cheetah · **269** Asia Asset Finance PLC Fri Dec 24, 2021 11:03 am

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Most of the finance companies are active now.buy and hold it

Most Undervalued Finance company in CSE with good earnings. Today Financial sectors started to run. Buy below 8.5/ . 50% return can be expected

NAV = 21.5

MP = 8.0

soileconomy · **270** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Fri Dec 24, 2021 10:54 pm

soileconomy

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Indians are there ROBBERS are there

cheetah · **271** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Thu Jan 06, 2022 6:25 pm

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ICRA Lanka Limited upgraded the Issuer Rating of Asia Asset Finance PLC (AAF or the Company) to [SL]A- (pronounced SL A minus) from [SL]BBB+ (pronounced SL triple B plus)

https://cdn.cse.lk/cmt/announcement_portal_prod/Rating-Rationale-Jan-03-2022_331228568604051.pdf

Traders are collecting now. TP is 15%.

cheetah · **272** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Mon Jan 10, 2022 1:21 am

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Price consolidated at 10.20 /= Next run 12.5/. This should trade above 20/. Ver low outstanding shares in market

vijay singh · **273** ASIA ASSET FINANCE PLC (AAF.N0000) Mon Sep 19, 2022 9:27 pm

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vijay singh · **274** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Tue Sep 20, 2022 7:57 pm

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invest thinker · **275** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Tue Sep 20, 2022 8:11 pm

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Informative thoughts, great both as investment side.

God Father · **276** Re: ASIA ASSET FINANCE PLC (AAF.N0000) Fri Jan 06, 2023 12:40 pm

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Asia Asset Finance YoY PAT increases to 328%, Asset base grows by 25% in 1H 2022/23.

Asia Asset Finance PLC, Sri Lanka’s only gold-focused financial solutions provider with a history spanning 52 years, posted an impressive 328.57% growth in Profit AfterTax (PAT) Year on Year Accordingly, the Company recorded a PAT of LKR 150 million, up from just LKR 35 million in the corresponding period in the year prior.
Net Interest Income too rose by 79.72% during the period under review to LKR 913 million, against LKR 508 million previously, on the back of a tighter monetary environment. Also, notably, during the 6 months ended 30th September 2022, Asia Asset Finance PLC was able to successfully expand its branch network to 65 locations islandwide, up from 45 locations at the end of September 2021.
Asia Asset Finance PLC has established itself as a premier licensed finance company in Sri Lanka with an extensive array of gold-focused financial products and services, and an asset base that exceeds LKR 22 billion, up from LKR 17.7 billion at the end of September 2021, an increase of 25%. Asia Asset Finance PLC is owned by Muthoot Finance, an India-based global financial services giant, with over LKR 2.54 trillion worth of assets, worldwide. Muthoot Finance posted profits exceeding LKR 100 billion from its global operations this year, an amount larger than the total profits made by all finance companies in Sri Lanka, combined.
Chief Executive Officer, Rajiv Gunawardena said, “This year, we have been able to achieve significant growth and performance that has exceeded investor and market expectations due to our concentrated focus on gold-based financial services. Company has managed to achieve a 25.44% Capital Adequacy Ratio, which is probably one of the best in the entire financial sector, underscoring our robust strength and stability, despite a challenging economic environment.”
Asia Asset Finance PLC fared exceptionally well across other key financial indicators too during the period under review, with Net Non-Performing Loans reducing from 3.43% in the corresponding period in the year prior, to 2.69% in the First Half of FY 2022/23.

https://cdn.cse.lk/cms-internal/news/uTtERDucnpTFJM9U_3Nov2022041757GMT_1667449077403.pdf

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ASIA ASSET FINANCE PLC (AAF.N0000)

251 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Sat Jun 03, 2017 11:17 am

smallinvestor

252 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Sat Jun 03, 2017 8:33 pm

Miss-Sangeetha

253 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Sat Jun 03, 2017 8:53 pm

Teller

254 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Sun Jun 04, 2017 1:04 pm

Eugine Fernando

255 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Mon Jun 05, 2017 7:23 pm

thankrishan

256 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Tue Jun 06, 2017 6:52 am

soileconomy

257 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Thu Dec 13, 2018 2:48 pm

Chillr_25

258 ASIA ASSET FINANCE PLC (AAF.N0000) Thu Oct 24, 2019 11:04 am

4Corners

259 AAF.N0000 Fri Nov 29, 2019 10:30 am

4Corners

260 AAF next week running Sun Dec 08, 2019 6:15 pm

Randikaayesh123

261 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Sun Dec 08, 2019 9:53 pm

NANDANA2012

262 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Sun Dec 08, 2019 10:15 pm

KavinduTM

263 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Mon Dec 09, 2019 1:24 am

Teller

264 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Wed Jul 08, 2020 10:42 pm

engineer

265 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Thu Jul 09, 2020 3:11 am

soileconomy

266 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Thu Jul 09, 2020 8:42 am

mahasona2

267 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Thu Jul 09, 2020 8:42 am

mahasona2

268 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Thu Jul 09, 2020 8:45 am

sureshot

269 Asia Asset Finance PLC Fri Dec 24, 2021 11:03 am

cheetah

270 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Fri Dec 24, 2021 10:54 pm

soileconomy

271 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Thu Jan 06, 2022 6:25 pm

cheetah

272 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Mon Jan 10, 2022 1:21 am

cheetah

273 ASIA ASSET FINANCE PLC (AAF.N0000) Mon Sep 19, 2022 9:27 pm

vijay singh

274 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Tue Sep 20, 2022 7:57 pm

vijay singh

275 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Tue Sep 20, 2022 8:11 pm

invest thinker

276 Re: ASIA ASSET FINANCE PLC (AAF.N0000) Fri Jan 06, 2023 12:40 pm

God Father

277 Re: ASIA ASSET FINANCE PLC (AAF.N0000)

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