Highlights:
add free Download App
Shariah Setting
premium Premium Account
AEONCR (5139) : AEON CREDIT SERVICE (M) BERHAD
FattChoy
Member Star
Posts: 25
Joined: Dec 2012
Male, MYS
17 Jan 2013, 03:29 PMPost #41
It is reported that Aeon Malaysia will not take over Carrefour but instead, the parent company Aeon ...petracot @ 02 Nov 2012, 06:51 PM
Anyone know why AEONCR 5139 share going down almost everyday....now only RM11.38 down more than RM1.70 since last month ??????????

If price drop below RM11.00, can start accumulate ....17/01/2013
petracot
Member Star
Posts: 133
Joined: Jul 2012
Male, MYS
17 Jan 2013, 10:27 PMPost #42
Aberdeen is selling Aeon Credit and switch over to Aeon. They probably think Aeon is more defensive and more stable. But I think Aeon Credit can make more money and in faster way, being a finance company, but of course the downside is higher risk. The earning and dividend of Aeon Credit are much higher than Aeon.
petracot
Member Star
Posts: 133
Joined: Jul 2012
Male, MYS
18 Jan 2013, 11:00 AMPost #43
To update the readers, below are some latest reported figures:

Aeon's latest 3Q result ended 30/9/2012: Cumulative Earning Per share- 36.25 sen, no interim dividend paid thus far;

Aeon Credit's 3Q result ended 20/11/2012: Cumulative Earning Per share- 75.57 sen, interim dividend paid - 16 sen single tier.

It is noted that earning of Aeon Credit is more than double that of Aeon. It is expected that total annual dividend of Aeon Credit will also be more than double that of Aeon. Big timers are not always right. Judge for yourself and make your own decision.
petracot
Member Star
Posts: 133
Joined: Jul 2012
Male, MYS
22 Jan 2013, 11:55 AMPost #44
At RM10.82, Aeon Credit is a steal. The financial year closes on 20th Feb 2013. Most people expect the whole year net earning to be around RM1 per share. Applying a conservative PER of 12 or 13, that would yield capital value of RM12 to RM13 per share. On top of the interim dividend of 16 sen, another final dividend of 20 sen single tier is likely. One of the investment principles used by successful fund managers is "contrarian theory". It simply means when the masses are fearful, be brave in investing and vice versa.
FattChoy
Member Star
Posts: 25
Joined: Dec 2012
Male, MYS
22 Jan 2013, 01:32 PMPost #45
Buy as much as possible below RM11.00, don't miss the boat. Good dividend yield.
FattChoy
Member Star
Posts: 25
Joined: Dec 2012
Male, MYS
29 Jan 2013, 04:55 PMPost #46
Today close RM10.80.
Any reason ? Any upate?
hkwlau
Member Star
Posts: 2
Joined: Jun 2012
Male, MYS
29 Jan 2013, 05:39 PMPost #47
Today close RM10.80.
Any reason ? Any upate?FattChoy @ 29 Jan 2013, 04:55 PM

I also agree that at today's price, AeonCr is a steal. Still wonder why Aberdeen keeps selling? I noticed it has pared down its stake from 11,100 lots to the current 8,600 lots, average selling about 500 lots every month since Sept 2012. Just wonder when it is going to stop selling?
FattChoy
Member Star
Posts: 25
Joined: Dec 2012
Male, MYS
30 Jan 2013, 03:59 PMPost #48
Q4 Financial result - 20th Feb 2013.
Q4 and total year Revenua and profit should be very good compare to previous year.
Dividend expected to be better than last year.
Expect AEONCR share price going up after announcement.
petracot
Member Star
Posts: 133
Joined: Jul 2012
Male, MYS
13 Feb 2013, 12:25 PMPost #49
Aeon Credit has recovered from the low of RM10.30 to RM11.00 per share. This is a classical example of not simply follow the trend but to invest based on facts. It is also an example of not simply follow the big boys, they may not always be right.

Aberdeen was selling the share like crazy causing share price to plunge from RM13.70 to RM10.30 per share. But they have their own reasons to sell, not necessary related to fundamentals. Aberdeen is a fund manager, they might have to sell shares to meet redemption from unit holders.

In a similar note, Arm Forces Cooperative owned 12 million Aeon Credit shares 3+ years ago; for some unknown reasons, they sold about 5 million shares in the open market at about RM2.80 per share. Since then Aeon Credit has appreciated to more than RM10 despite bonus issue dilution.

I have confidence that Aeon Credit will hit RM14 within 2 years. Watch out for next month's result announcement.
FattChoy
Member Star
Posts: 25
Joined: Dec 2012
Male, MYS
14 Feb 2013, 02:30 PMPost #50
RM11.80 now 2pm.....Coming up too fast...increase more than RM1.40 in one week.
petracot
Member Star
Posts: 133
Joined: Jul 2012
Male, MYS
28 Feb 2013, 11:24 AMPost #51
The 2013 financial year of Aeon Credit has just closed on 20 Feb 2013. Although the results will only be known sometime in the later part of March, the share price has already moved ahead to RM12.20 today, 58 sen up. This is probably a reflection of the impending good results. I am of the view that second and final dividend should be around 20 sen single tier and the whole year earning should not be very far from RM1.
Investor101
Member Star
Posts: 24
Joined: Feb 2012
Male, MYS
28 Feb 2013, 11:26 AMPost #52
The 2013 financial year of Aeon Credit has just closed on 20 Feb 2013. Although the results will onl...petracot @ 28 Feb 2013, 11:24 AM
HUAT AH!!!
FattChoy
Member Star
Posts: 25
Joined: Dec 2012
Male, MYS
28 Feb 2013, 11:34 AMPost #53
It's AeonCR a subsisdary of AEON?
Will AeonCR profit roll-up to AEON?
Please advise. Thanks.
petracot
Member Star
Posts: 133
Joined: Jul 2012
Male, MYS
28 Feb 2013, 03:19 PMPost #54
It's AeonCR a subsisdary of AEON?
Will AeonCR profit roll-up to AEON?
Please advise. Thanks.FattChoy @ 28 Feb 2013, 11:34 AM

Aeon Credit, Aeon and Aeon Big (carefour) are sister companies with common parent company- Aeon Japan. They are all independent companies though they cooperate with one another.
Investor101
Member Star
Posts: 24
Joined: Feb 2012
Male, MYS
28 Feb 2013, 05:05 PMPost #55

Aeon Credit, Aeon and Aeon Big (carefour) are sister companies with common parent company- Aeon ...petracot @ 28 Feb 2013, 03:19 PM

Aeon Japan is the mother, Aeon Co is the elder sister, Aeon Cr is the younger sister, Aeon Big (Carrefour) is the foster sister (anak angkat)
FattChoy
Member Star
Posts: 25
Joined: Dec 2012
Male, MYS
28 Feb 2013, 05:10 PMPost #56
So do u think AeonCR profit roll-up to Malaysia AEON ?
Investor101
Member Star
Posts: 24
Joined: Feb 2012
Male, MYS
28 Feb 2013, 05:12 PMPost #57

Aeon Credit, Aeon and Aeon Big (carefour) are sister companies with common parent company- Aeon ...petracot @ 28 Feb 2013, 03:19 PM

Aeon Japan is the mother, Aeon Co is the elder sister, Aeon Cr is the younger sister, Aeon Big (Carrefour) is the foster sister (anak angkat)
Investor101
Member Star
Posts: 24
Joined: Feb 2012
Male, MYS
28 Feb 2013, 05:13 PMPost #58
So do u think AeonCR profit roll-up to Malaysia AEON ? FattChoy @ 28 Feb 2013, 05:10 PM
Nope, they are independent companies... they keep their own profit
petracot
Member Star
Posts: 133
Joined: Jul 2012
Male, MYS
13 Mar 2013, 06:46 PMPost #59
Just a bit of update. I shared some weeks back that Aberdeen sold Aeon Credits shares aggressively and share price plummeted to RM10.30 per share. Surprisingly, latest announcement showed that Aberdeen bought 500,000 shares on March 7 at an average of RM12.50 per share. Well, some good things must be in store, watch out for the 4Q results this month.
petracot
Member Star
Posts: 133
Joined: Jul 2012
Male, MYS
20 Mar 2013, 11:45 AMPost #60
Aeon Credit is holding very well at around RM12.70 with lots of transactions struck at sellers' price. This means people are keener to buy rather than to sell even in this lackluster market. Company like Aeon Credit is an investment-grade stock; the share price does not depend so much on market trend but on financial performance. It has been one month since the closing of financial quarter on 20th February; the market is expecting the result announcement any time from today.

yeah doh drool lol mad notworthy question rant rolleyes sad shutup shy smile star sweat thumbup wub cry


Close