Friday 13 October 2017

tips by warren buffet /investment/financial awareness

TIPS BY WARREN BUFFET
NO SAVINGS- Do not save what is left after spending, but spend what is left after saving.
ON SPENDING- If you buy things you do not need, soon you will have to sell things you need.
ON EARNING- Never depend on single income, make investment to create a second source.
ON INVESTMENT- Do not put all eggs in one basket.
ON EXPECTATION- Honesty is a very expensive gift. Do not expect it from cheap people.
ON TAKING RISK- Never test the depth of the river with both the feet.
·         When something bad happens, you have three choices. You, let it destroy you, or you can let it strengthen you.
·         Past is a waste paper, present is a newspaper, and future is a question paper, control the present, and secure the future.
·         We used pencil when we were small but now we use pens. Do you know why? Because mistakes in childhood can be erased but not now.
·         Our eyes are placed in front because it is more important to look ahead to look back.

Friday 6 October 2017

MAS Financials Servies Limited IPO


               IPO Details
Application for Retail 32Shares | ₹ 14,688/-Price Band & Lot Size₹ 456 - 459Net Issue Size₹457 Cr - ₹460 Cr 

Company background: 
MAS Financial Services (MAS) is a Gujarat based NBFC, which is two decades old. It is active in 6 states including NCT of Delhi. It primarily lends to Micro Enterprises (ME) and SME, which contribute 60% and 23% of its AUM respectively. Company’s business and financing is in five categories i.e. micro-enterprise loan, SME loans, two wheeler loans, commercial vehicle loans and housing loans.

Company Insights
1. MAS had begun its journey with a clear focus to lending Micro Enterprise and gradually expanded its offerings to two wheelers & CV, SME, Housing finance and recently extended loans to the agricultural input and equipment segment.
2. Focused approach helped AUM to grow at 33.4% CAGR over FY2013-17.
3. Company has been delivering healthy average ROE (28%)/ROA (3%) over the last five years.
4. MAS is well capitalized with strong internal capital generation ability, present high CAR and IPO proceeds