AFG 2.84% $1.63 australian finance group ltd

Not sure why a few people are saying they arn't making money....

  1. 83 Posts.
    Not sure why a few people are saying they arn't making money. Yes Asset values are down the toilet but I thought the leasing part of the business was still doing fine.

    Isn't it the leasing generating the cash to pay the interest?

    Or am I missing something.

    I think talk of their demise is a little premature. But granted still a possibility should the banks play hardball.

    I am sure something will be worked out though.
 
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