I highly suggest, go to read what the Chinese magazine said. They are even launching e-wallet! Thts totally different ball game. They will be eating banks business as well with the creativity,
Every year, it is churning cash of around RM885mil, this is even growing. From what I read at pace of over 10% growth in business. I guess in no time, cash will be RM900mil a year.
That's above 30% of yielding even with RM20
Common PE for banks now how much? AEONCR around 11 only. with positive interest environment, they will make more.
Lets go back to shareholders. Top30% holding over 80%, that is why it is so fast and furious.
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.
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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....
Alex
12,594 posts
Posted by Alex > 2017-05-17 15:04 | Report Abuse
eee.....sad day....i trust paperplane...reenter again