Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-27

Hi. I was just making the point that the portfolio's revenue growth (ex Zameen) is healthy for Latam and Rest of FDV


The collapse in Zameen revenues has offset these numbers at the FDV group level.

I agree with you that revenue growth should be 20-30% p.a. at the group level to make this stock exciting again.

But revenue growth, ex Zameen, is 10% and 30% in the current quarter, and averaging over the last 3 Qtr's we have:
4% x 4 = 16% p.a. Latam
8% x 4 = 32% p.a. Rest of FDV

These are encouraging numbers.

Good luck with your position.