The economic down not just affected lender, there are many sectors been affected, the fear caused the aeoncr lowest price from peak rm17 to rm11.8. There is nothing wrong to buy cheap due to market unfavorable to this counter.
If you know to calculate the free cashes flow you will know that it's severe undervalue, that cash flow can generate 50-60 sens dividends per year which is proven from the pass. The PE about 10 and dividend rate about 5 percent are expensive?Economic is a cycle,of course short term it's risky investment. Their bussiness modal is unique which compatible with aeon expansion.
I am fine. Thank you. I have sold old stock of this counter sometime ago, but recently bought some at RM11.00. I observed that this counter have been enjoying uptrend after CNY for the past few years. I am taking the ride right now.
As at 30 Nov 15, net cash used in operating activities is -RM457541000, and the acquisition of plant and equipment is -RM18235000, so cash flow for that quarter is -RM475776000
Wrongly calculated. It's actually positive CF . Bcos this is not a manufacturing company where the operating CF is positive by selling its products from production. This stock is like any banks shares where they need to support their loan growth.
This stock worth to look back its valuation and consistency of profits. Currently trading at PE of 10x which is slightly cheaper than average sector of 16x. And it pays regular dividends too with DY of 5%
The company will celebrate its 20th anniversary which falls on 6th December this year. Besides holding promotions for its customers in conjunction with the celebration, the Chairman in the AGM this morning reminded the attendees that the Co will not leave out the shareholders. The Board will deliberate on this and will make an announcement at the appropriate time.
AeonCr, another Panamy in the making. Similarity to Panamy: Low valuation, high DY, low liquidity, still growing, Japanese company. Wait timing to lift it to correct PE
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
daisidoi
157 posts
Posted by daisidoi > 2015-08-12 13:23 | Report Abuse
now every large cap blue chip stocks u see in msia.. they are falling
thanks to cibai najib