Underlying NPAT has gone from mid 50s to mid 30s in two years. I first invested in this a long time ago and they were a pure broking play. These days they're virtually a bank with all the risks associated with that, with a broking hobby side arm.
The dividends are great but growth in bottom line will be slow and with risk.
Personally I doubt they're heading into strong share price growth. They will be attractive as a yield play to some. A hold for me until I decide whether to stay for the yield or chase share price growth elsewhere.
Ann: AFG FY24 Results Investor Presentation, page-4
Add AFG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.64 |
Change
0.000(0.00%) |
Mkt cap ! $442.7M | |||
| Open | High | Low | Value | Volume |
| $1.65 | $1.65 | $1.62 | $182.7K | 111.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17716 | $1.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.65 | 20800 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| AFG (ASX) Chart |