Manappuram Finance


(maheshkumar) #516

Reporting profit this quarter
AUM growth fy19 aiming 20% ,profit will be much higher ,Pe half of growth ,if market corrects gold will be stable or high ,limited downside ,possible rerating

https://economictimes.indiatimes.com/markets/expert-view/expect-aum-to-reach-rs-20000-crore-at-end-of-fy19-v-p-nandakumar-manappuram-finance/articleshow/63609082.cms


(maheshkumar) #517

http://www.fcd.ca/gold-will-double-price-2030/

Gold to double by 2030


(SD007) #518

https://simplywall.st/stocks/in/materials/bse-502157/mangalam-cement-shares/news/insiders-are-ramping-up-their-shareholdings-in-these-companies-2/


(maheshkumar) #519

https://moiglobal.com/making-gold-productive/
By Rohit Chauhan
combination of topline growth from new initiatives, normalization of macro conditions,finally reduction in security expenses means that the company should be able to double its profits in the next three years. A company growing at 20% + rate with an ROE of 20%, cannot continue to sell at 13 times earnings when comparable firms sell at 20 times or highe
Other ideas
https://moiglobal.com/asia18-highlights/?utm_source=dlvr.it&utm_medium=twitter


(AJ) #520

You indirectly saying that if the company continues to command the current PE - with in three years the share price would double - which is not a bad investment proposition.