Forum

Report is Excellent for Forward Micro finance. Though the Share Price Look expensive in terms in PE Ratio.

But Looking at its Month & Month growth & Year on Year Growth its definitely deserve a high PE Valuation compared to its Peers. Its a Buy Call on every Decline and must add stock in a Portfolio.

I am +ve on this stock with a Target Price of 4800 in short to medium Term Prospective .

Happy Investing !!!

kag karaudai garchha pina sukdai garchha.........how is Q2 report of FOWAD?
When is book close ??? 50 bonus cash???

yo 2800 tira aauchha lekhera rakhnus 20 bonus aauchha vanchhan

75% trade ji!
Q1 report has been published....looks very good report with 136 aprox EPS pe 24...congrat FOWAD holders!

Thanks a lot for providing us data analysis! You are truly respectable .

FOWAD occupies more than 6.5 arba market capitalisation .Which peaked 4100 level and now falling sharply to 3275 .

Its 180 days average price is 3250 which yesterday hit...
It was firstly traded @ 1051....

fowad has 45% annual profit growth with 125 eps and 26 pe.
Its peg is just .86 which is less than 1....we find less than 15% stock which has less than 1 peg..0-1 peg is always good for investment.

Out of all microfinance its paid up is just 20 karod which position 13th reserve standa 6th position deposit 4th loan 6th net intrest income 4rth net profit 4rth but

EPS Stands no 1 ir 125.34%

pe 9th ie 26

pbv 13th position

Roe third 31.35%
ROA 5th ie 3.59%

If we look at graph it looks abit bearish...


If we see at floorsheet 53,28,34,57,45 are collecting fowad @3500 average cost whereas 28-17-14-39 are dumping around tje same average price....

As per the IPO offering letter it should distribute 40% bonus 20% cash....
But rumour is in the market that it is going to announce 20b40r.......

Everybody has to made own strategy...
Bonus and right oriented investors are dominating the market now if romour is true it could fall below 3000 and traders could get golden oportunities ...but if you are investor plz hold your ipo shares...