@Jia Jiun, probably next month.

@keong90 the calculation is Mother share price / conversion price = LA price

Loan stock

Jia Jun, we can't predict the share price. Theoretically, if we count the actual value of LR, it will be 12.64/10.99-1 = 0.15.

@Kclow, when i read through the past 5 years annual report of Aeoncr, i truly envy those big winners who have hold aeoncr for years, they have earned a lot and still keep earning!

@paperplane2016, Yea.
Lets say the mother share price is RM13.1, with 85% discount the conversion price will be around 11.14. 432m/11.14 = 38.78m of mother shares converted from ICULS.

Another scenario, if share price rise to RM14, with 85% discount the conversion price is 11.9. 432m/11.9 = 36.3m of mother shares.

It will reduce the dilution impact, but not much.

Correct me if im wrong.

Posted by paperplane2016 > Jul 14, 2017 01:37 PM | Report Abuse

told all earlier, it will keep rally until ICULS announce. They wanna get high ex-price as possible in order to get more money.

Hi paperplane2016, sorry i dont understand what is the meaning "They wanna get high ex-price as possible in order to get more money."

The company is raising 432m from the shareholders and it is fixed.

As far as i know, if the share price keep rising, means there will be higher conversion price for the ICULS. With higher conversion price, lesser mother share to be converted from the ICULS and it will reduce a bit the impact of the dilution.

pputeh, it's difficult to know the exact figure at this moment because it depends on the share's price movement, but I think will be around 11.

The charm of the long term value investing.

tanbk1949, exactly.

jeckcw, from my understanding, you dont have to top up any cash for the conversion. There is only one time fund raising (RM432m) for Aeoncr.
Assumed that the share price is RM19. After bonus issue the share price will adjust to 19x2/3= RM12.66.
There is 15% discount for the conversion price so 12.66 x 85% = 10.8.This 10.8 we can consider it as an conversion ratio. You need 10.8 x 1,000shares of iculs to convert to 1,000shares of aeoncr.
Correct me if im wrong, thanks!

definitely is bull market right now...

Investing is like marathon, long lasting runner always the winner, not the one who run faster. ;)

even few hundred millions, just like Mr.Koon, hehe

If you look into its top 30 shareholders, most of them already hold Aeoncr for years.

This stock is for long term value investor, not for short term speculator. Bear in mind that we should buy/sell a stock based on its fundamental, not the share price.

Seen like its a bull run for Aeoncr at the moment, but let us focus on Aeoncr's future. According to its FYE 2017 presentation, the management is going to invest in e-wallet/e-money/e-commerce for the next 3 years. I dont know much about Fintech, but i think it is something like Alipay/Apple pay/Paypal?(Correct me if im wrong) If it is, Aeoncr has an obvious advantage at the start(huge AEON customer base).
I dont really know about its profit model, maybe charge a transaction fees based on the transaction volume?

agreed with Ricky Yeo. I think Aeoncr strategy was fine, to obtain more market shares. As long as its profit can keep on growing, still a 5 stars stock for me.

Price is what you paid, value is what you get, AEONCR will reflect its "real value" in the foreseeable future.

with CAGR 15% of profit growth, current PEG is below 0.66, definitely worth to buy.

http://klse.i3investor.com/blogs/midfresearch/121452.jsp Even MIDF also revised their target price to RM18.20. Let's see what's the target price from Affin Hwang.

Higher than expected result! Aeoncr's management will nvr let you down.

teoh1128 u may refer to bimb AR 2016, or you may also wait for the coming AR 2017

FY17, IF eps=1.75, pe=10, that's 17.50 for AEONCR. FY18, assume that eps grow for 10%, eps=1.93, pe=10, that's 19.30 for AEONCR. If you enter at the price now (16.50), 19.30/16.50 = 16.9% + at least 3% dividend that's around 20% return for a year. Remember, that's only 10% of profit growth and PE10 for AEONCR.

Kad Al, may i know what is the difference?

last time when mother was $4.30, son was $0.50...

i hope the management will propose dividend in specie(digi) again, it will lower Timecom's current PE.

Im very confident with the future growth of BIMB, and its NPL control is one of the best in Malaysia.

Invest MAHSING-WB :)

3.5mil/169mil=2.07%..

can sell this stock already, its too expensive now.

equity/(equity+liabilities)

hold for 2.5years, from now until the end of 2015. I mean mahsing-wb, but maybe i will cabut when it reach RM2.00.

i have been holding mahsing-wb for few months, going to hold it for other 2years.

risk is becoz u dont know, if u know, the risk is not a risk anymore.

i will put it this way, the risks that u guys think are the risks, bt i think the risks for me are not the risks.

i buy wb, reason: when u know the risks, there are no more risks.

no one can predict the price, but for me i choose to keep.

mahsing-wb is very attractive now, can gain better return than buying mother share.

it can be possible, if we look at Mahsing's previous growth. I think mahsing can do it. But let‘s keep looking, haha.

wow, TA research predict MAHSING can earn 509m in 2015, in that way 2015 MAHSING sure can reach 4.5 and above.

http://biz.sinchew.com.my/node/79848

The major premise to keep aeoncr 4ever is, its high growth can be sustainable.

Agreed with YiStock, Mahsing should hold for long-term.

aeoncr is a high growth stock, pbbank grow slower but steady, both of them are good stocks. Bt myself opinion, in the future few years, aeoncr can give us higher return than pbbank.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1308393

http://klse.i3investor.com/servlets/anpth/912624.jsp

check here: http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=M&securityCode=8583

all-time high again, aeoncr always do well when the market is bad.

Tp 20.20! Sweet!