AAF finacials

nimantha80 · 1 AAF finacials Fri Jul 29, 2016 5:51 pm

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https://www.cse.lk/cmt/upload_report_file/1108_1469759655342.pdf
Shocked

Yahapalanaya · 2 Re: AAF finacials Fri Jul 29, 2016 6:02 pm

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Good result.Net profit increase 59%.Loan and advances increased 74% from last year.

Worrying thing is impairement charge 35Million(400% increase)

I hope this counter would show further growth in coming quarters.

Teller · 3 Re: AAF finacials Fri Jul 29, 2016 10:06 pm

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This is 100% better than CSF, in any kind of valuation AAF should be traded beyond 2.00 rupees. How ever entering 1.50-1.60 level will be a great buy . time to time we have to study the behaviour of main share holder too. I guess they have accumilated nearly 60% at the moment.
Overall it's a good counter to enter in correct price.
GL

TARGET · 4 Re: AAF finacials Fri Jul 29, 2016 10:53 pm

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0.27 quarterly eps? Is it correct?

Teller · 5 Re: AAF finacials Sat Jul 30, 2016 1:59 am

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Yes. Of course it's correct.

ccsentha · 6 Re: AAF finacials Sat Jul 30, 2016 3:24 am

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TARGET wrote:0.27 quarterly eps? Is it correct?

It's misleading info, that is not quarterly eps, it's annualized eps.
very bad of them for reporting in such a misleading way

TARGET · 7 Re: AAF finacials Sat Jul 30, 2016 7:44 am

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ccsentha wrote:

TARGET wrote:0.27 quarterly eps? Is it correct?

4
It's misleading info, that is not quarterly eps, it's annualized eps.
very bad of them for reporting in such a misleading way

If so that's really mean behaviour Evil or Very Mad

Yahapalanaya · 8 Re: AAF finacials Sat Jul 30, 2016 8:01 am

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TARGET wrote:

ccsentha wrote:

TARGET wrote:0.27 quarterly eps? Is it correct?

4
It's misleading info, that is not quarterly eps, it's annualized eps.
very bad of them for reporting in such a misleading way

If so that's really mean behaviour

Some companies put anualised eps.They have to refer whether it is quarterly or anualised.

ranferdi · 9 Re: AAF finacials Sat Jul 30, 2016 10:06 am

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.27 is annualised eps. And asset value too good. They are improving eps q on q. Share will move to 2.50 levels soon.

Main share holder Muthoot group is major player in India.

TARGET · 10 Re: AAF finacials Sat Jul 30, 2016 10:28 am

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Good. But they clearly say as quarterly results and gave annualized eps without mentioning it. Not acceptable. Very cheating.

Gallardo · 11 Re: AAF finacials Mon Aug 01, 2016 11:05 am

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1. It's interesting to see that Dr. Senthilverl has increased his stake over the last quarter from around 7 million to nearly 23 mill shares. Subject to audit, this quarterly shows a NAV of 1.81 which makes AAF one of the most undervalued shares available as it still trades today at 1.6. Some finance companies trade so many times over their NAV and excessively over their EPS but here is a huge exception.

2. Meanwhile, I think the downward selling pressure on AAF is finally over or less as ACAP who once was the main shareholder has finally sold their remaining 74 million shares. They've been dragging this out over months due to the unfavourable market conditions and this in turn dragged AAF towards 1.4 frequently. Both companies benefit given the cash windfall of possibly 118 million for ACAP and less selling pressure on shares of AAF.

3. Muthoot Finance which has 60% of AAF is known as the largest gold financing company in the world, a company founded in 1939 with over 4200 branches and listed on the BSE. When the parent company is solid like a JKH or Mercedes, much tends to go right with the actual company.

TARGET · 12 Re: AAF finacials Mon Aug 01, 2016 6:56 pm

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chinwi what you think about aaf?

ranferdi · 13 Re: AAF finacials Tue Aug 02, 2016 8:18 am

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TARGET wrote:chinwi what you think about aaf?

Possibly Chinwi can't be thinking about it but Collecting.

TARGET · 14 Re: AAF finacials Tue Aug 02, 2016 9:18 am

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ranferdi wrote:

TARGET wrote:chinwi what you think about aaf?

Possibly Chinwi can't be thinking about it but Collecting.

YES

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AAF finacials

1 AAF finacials Fri Jul 29, 2016 5:51 pm

nimantha80

2 Re: AAF finacials Fri Jul 29, 2016 6:02 pm

Yahapalanaya

3 Re: AAF finacials Fri Jul 29, 2016 10:06 pm

Teller

4 Re: AAF finacials Fri Jul 29, 2016 10:53 pm

TARGET

5 Re: AAF finacials Sat Jul 30, 2016 1:59 am

Teller

6 Re: AAF finacials Sat Jul 30, 2016 3:24 am

ccsentha

7 Re: AAF finacials Sat Jul 30, 2016 7:44 am

TARGET

8 Re: AAF finacials Sat Jul 30, 2016 8:01 am

Yahapalanaya

9 Re: AAF finacials Sat Jul 30, 2016 10:06 am

ranferdi

10 Re: AAF finacials Sat Jul 30, 2016 10:28 am

TARGET

11 Re: AAF finacials Mon Aug 01, 2016 11:05 am

Gallardo

12 Re: AAF finacials Mon Aug 01, 2016 6:56 pm

TARGET

13 Re: AAF finacials Tue Aug 02, 2016 8:18 am

ranferdi

14 Re: AAF finacials Tue Aug 02, 2016 9:18 am

TARGET

15 Re: AAF finacials

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