ABANS FINANCE PLC(AFSL.N0000)

eco · 1 ABANS FINANCE PLC(AFSL.N0000) Mon May 18, 2015 9:00 pm

eco

Senior Equity Analytic

Posts : 76
Equity Stars : 3801
Reputation : 0
Join date : 2014-11-03

31st March results not yet published

If we look at the December result we can have some idea about coming result.

9 month profit improved by massive amount

EPS for the 9 months for 31st December is 2014-Rs.2.15 2013-Rs.0.04

On the other hand public share holding is also very low

By looking at the 9 months results as at December 31st 2014,... we can expect same momentum to be continued for the future.

Please share your thoughts about this share.

This may be another wining share

Last edited by eco on Mon May 18, 2015 9:01 pm; edited 1 time in total (Reason for editing : Correction)

soileconomy · 2 Re: ABANS FINANCE PLC(AFSL.N0000) Tue May 19, 2015 7:02 am

soileconomy

Senior Vice President - Equity Analytics

Posts : 1509
Equity Stars : 7740
Reputation : 45
Join date : 2011-02-20
Age : 47
Location : Nebraska

Definitely this is going to be a winning stock.company is in initial growing stage so if we can collect it now we may have a good share.
Strength of the parent company-more stable/easy canvessing of businesses opportunities
Currently profit generating company.provisions for drop of gold prices are fully provided. Clean balance sheet.future profits are sustainable.
more than 90% is owned by parent and its subsidiaries- dividend yield may very high.
Trading at attractive price - high and low traded prices recently.
Comparatively lesser no of shares-more opportunities to increase shares by way of rights/bonus issues-more wealth creation with time goes on.
ABOVE REASONS

eco · 3 Re: ABANS FINANCE PLC(AFSL.N0000) Tue May 19, 2015 8:30 am

eco

Senior Equity Analytic

Posts : 76
Equity Stars : 3801
Reputation : 0
Join date : 2014-11-03

Yes i also feel the same.

This quarter result will show the future direction of this share.

On the other hand most of the Banks & finance companies significantly appreciated but AFSL did not appreciate much more & less crowded at the moment.

Beta1 · 4 Re: ABANS FINANCE PLC(AFSL.N0000) Tue May 19, 2015 8:47 am

Beta1

Senior Manager - Equity Analytics

Posts : 548
Equity Stars : 4344
Reputation : 20
Join date : 2014-10-23

And there are small no. of shares at market...

Beta1 · 5 Re: ABANS FINANCE PLC(AFSL.N0000) Tue May 19, 2015 11:25 am

Beta1

Senior Manager - Equity Analytics

Posts : 548
Equity Stars : 4344
Reputation : 20
Join date : 2014-10-23

Now 32.00

eco · 6 Re: ABANS FINANCE PLC(AFSL.N0000) Tue May 19, 2015 11:38 am

eco

Senior Equity Analytic

Posts : 76
Equity Stars : 3801
Reputation : 0
Join date : 2014-11-03

Ready to fly.........................

SLFINANCEWATCH · 7 Re: ABANS FINANCE PLC(AFSL.N0000) Tue May 19, 2015 12:54 pm

SLFINANCEWATCH

Assistant Vice President - Equity Analytics

Posts : 676
Equity Stars : 4876
Reputation : 16
Join date : 2014-01-28
Location : COLOMBO

AFSL a share for future...Financials will be out today...They had a great last qtr due to the reduction in Non Performing Loans..Worth more than 36.00..