Five-Star Business Finance Limited CC-Jun24.pdf · 2024-08-01
I have got a couple of questions. Can you indicate what is the target leverage ratio? Currently, it is rather low at 2.3x. And the second question which is a related question is what combination of dividend policy, ROE and AUM growth you expect, that would take you to your target leverage and by when?
You are obviously indicating that 20% -plus ROE business and getting to that leverage in 3 -4 years, let's say. An AUM growth you're probably looking at 25% CAGR. Am I correct on that?