That means anything below or around 15.4 -> BUY
AMMF's PE is also very good I believe
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32 replies to this topic
#8
Posted 03 July 2007 - 05:35 PM
P/E is not important in case of Closed-ended stock market mutual fund. Earnings depend on stock market conditions. There are two important things. One is the P/BV and second is fund's performance compared to the index.
In my opinion, if you are bullish on stock market future, it is a good stock to accumulate under or at Rs. 15.00
In my opinion, if you are bullish on stock market future, it is a good stock to accumulate under or at Rs. 15.00
#9
Posted 02 August 2007 - 10:39 AM
01-AUG-07 AMMF AL-Meezan Mutual FINANCIAL RESULT FOR THE YEAR ENDED 30/06/2OO7
01-AUG-07 AMMF AL-Meezan Mutual DIVIDEND = 25%(F)
01-AUG-07 AMMF AL-Meezan Mutual BONUS ISSUE = 15%
01-AUG-07 AMMF AL-Meezan Mutual PROFIT/LOSS BEFORE TAXATION RS. IN MILLION 546.757
01-AUG-07 AMMF AL-Meezan Mutual PROFIT/LOSS AFTER TAXATION RS. IN MILLION 546.757
01-AUG-07 AMMF AL-Meezan Mutual EPS = 4.57
01-AUG-07 AMMF AL-Meezan Mutual BOOK CLOSURE FROM 03/09/2007
01-AUG-07 AMMF AL-Meezan Mutual BOOK CLOSURE TO 10/09/2007
01-AUG-07 AMMF AL-Meezan Mutual DIVIDEND = 25%(F)
01-AUG-07 AMMF AL-Meezan Mutual BONUS ISSUE = 15%
01-AUG-07 AMMF AL-Meezan Mutual PROFIT/LOSS BEFORE TAXATION RS. IN MILLION 546.757
01-AUG-07 AMMF AL-Meezan Mutual PROFIT/LOSS AFTER TAXATION RS. IN MILLION 546.757
01-AUG-07 AMMF AL-Meezan Mutual EPS = 4.57
01-AUG-07 AMMF AL-Meezan Mutual BOOK CLOSURE FROM 03/09/2007
01-AUG-07 AMMF AL-Meezan Mutual BOOK CLOSURE TO 10/09/2007
Click Here For: "Daily Reports From Different Brokerage Houses"
Note: Please make your own due diligence before making any decision
Regards,
Abdul Mateen Khan
#11
Posted 02 August 2007 - 09:16 PM
suneel, on Aug 2 2007, 02:48 PM, said:
salam
abdul mateen bhai
very good results by ammf. do u recommend a buy at current price which is rs. 15.90. if yes, then what would be the target selling price. thanks brother.
abdul mateen bhai
very good results by ammf. do u recommend a buy at current price which is rs. 15.90. if yes, then what would be the target selling price. thanks brother.
Walikum Assalam ... bhai ... kuch rs cant be ruled out baki
BOOK CLOSURE first week of sep main hay so .. keep an eye if you need bonus and div dip zaror lay ga ek baar apnay spot main janay say phlay ... baki it will be long term investment if you want to take bonus n div ...
Click Here For: "Daily Reports From Different Brokerage Houses"
Note: Please make your own due diligence before making any decision
Regards,
Abdul Mateen Khan
#12
Posted 03 August 2007 - 12:03 PM
At current price, it is trading on 15% discount to its book value. Current discount average for closed-ended mutual funds being traded at KSE is 22% (very high as compared to global stock exchanges). To me, current price does not look very attractive.
Its net value will follow KSE index and discount percentages do vary. Good one to hold for long term but I am not so sure if you are are looking for short-term gain...
Its net value will follow KSE index and discount percentages do vary. Good one to hold for long term but I am not so sure if you are are looking for short-term gain...
