AEF australian ethical investment limited
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AEFs second half is a bit disappointing. Profit 1st half was...

  1. gosouth
    3,055 Posts.
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    28/04/17
    16:55
    Post #: 24340083
    AEFs second half is a bit disappointing.
    Profit 1st half was $2.3M so with total FY17 guidance of say $4.1M reflects only $1.8M in the second half.
    Does this reflect their comment re higher personnel costs chewing away at some of their earnings?
    Seems it is now all about FY18 with the steady increase in FUM, hard to see any early cause for upside.

    Gosouth
    AEF Price at posting: $88.00 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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