Australia's largest stock trading and investment forum Australia's #1 stock forum

AEF

Click for more information

0.60%

$5.01 australian ethical investment limited

AEF how high??, page-3

First 3 Last

Share
Profile

Follow
KitB

71 Posts.

2

21/06/16

20:37

Post #: 18087595
Share

Originally posted by Occam Logic ↑

Well, you have a microcap stock which as a fund manager is a leveraged play on the markets. Sure they have done well as Ethical/SRI investing has gained greater traction. But they need to maintain Funds Under Management (FUM) growth. They are coming off a low base, so results are amplified somewhat. In addition, while their individuals funds have done pretty well, you get a free kick when dealing with a (relatively) small fund base, so you would reasonably expect to get some return erosion as they grow. Also, a caution would be their PE, which looks pretty full compared to other listed fund managers.

Short version, yes, well worth a look. But don't expect future results to mimic the past on this one. Their level of transparency (as a fund manager) is poor imo. I suspect that without some overhaul of process, their ability to maintain growth is going to be constrained. Certainly worth keeping an eye on however.

Expand

Appreciate the info.
Will see how things look after FY16 results get released as it may hit a cap.
Thanks.
Upvote

0 Great analysis

Reply

Top Stories

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Chaos reigns markets – so let's take stock of where we're at ahead of December

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

There are more pages in this discussion • 1 more message in this thread...

First 3 Last

Add AEF (ASX) to my watchlist

(20min delay)
Last $5.01		Change 0.030(0.60%)		Mkt cap ! $483.8M

Open	High	Low	Value	Volume
$5.00	$5.04	$4.93	$322.6K	64.50K

Buyers (Bids)

No.	Vol.	Price($)
1	192	$4.99

Sellers (Offers)

Price($)	Vol.	No.
$5.04	368	1

View Market Depth

No.	Vol.	Price($)
2	3054	2.360
2	321	2.340
1	370	2.290
2	5353	2.260
1	9000	2.250

Price($)	Vol.	No.
2.380	8849	3
2.390	8260	1
2.400	4200	2
2.460	280	1
2.500	1500	1

Last trade - 16.10pm 28/11/2024 (20 minute delay)

AEF (ASX) Chart