Posted by wongkok > 2013-10-17 13:28 | Report Abuse

What 9:1? right issue ratio?

Posted by David Ng > 2013-10-17 19:10 | Report Abuse

Where's my q report ? Zzz...

Posted by kkteng70 > 2013-10-17 23:55 | Report Abuse

next week I think the f Year has change.

Posted by wongkok > 2013-10-18 00:07 | Report Abuse

I don't understand what you are saying? Pls elaborate?

Posted by wongkok > 2013-10-18 11:24 | Report Abuse

Brace for the worst.

Posted by nicole76 > 2013-10-18 14:39 | Report Abuse

When a companies services is lousy it's shares also will show like that up down up down. it should not be happening for a rm10 over counter..you're talking about a drop of more than 12% and it is still going to slide further to touch rm15. sigh.. been watching this counter earlier this year and still find it dangerous to go in...careful ya everyone.The last resistance barrier is rm15 and if it still continues to drop then free fall.

Posted by pputeh > 2013-10-18 19:23 | Report Abuse

Quarterly report out today. Did better than last quarter. EPS 29sen. Q2 only 21sen. Didn't declare any dividend as last year. Wonder whats troubling the counter. Anyone got advice

Posted by David Ng > 2013-10-18 23:15 | Report Abuse

good q. save the dividends for capital. but please tell us if you want to do rights...

Posted by invest99 > 2013-10-18 23:26 | Report Abuse

Do not worry! No right issue as circulating in the market.

Posted by kkteng70 > 2013-10-21 09:39 | Report Abuse

any one know is CAR ratio ? i have check though the defination but still not sure what is it about ? look like the requiment from BNM is 16 % .. any one know what is CAR ?

Posted by kksk123 > 2013-10-21 10:18 | Report Abuse

equity/(equity+liabilities)

Posted by kkteng70 > 2013-10-21 13:15 | Report Abuse

oh I see.. thanks kksk123 ..

Posted by pputeh > 2013-10-22 19:28 | Report Abuse

Statement by Aeon Cr (In todays Sun Paper) not going to call for rights Issue but raise funds through Sukuk. Good news, but wonder if dividend or Bonus Issue coming?

Posted by dkh > 2013-10-23 16:41 | Report Abuse

can any one tell what is going on with this court? The price is keep on dropping.

Posted by 1738analyst > 2013-10-24 22:20 | Report Abuse

I think that is caused by Local Financial Institutions selling for profit taking before Budget announcement. Might be a good chance for accumulate, hoping that it would bounce back by next week and even further up for the coming Quarterly Financial Report. I think it could be achieved rm20.20 by year end as RHB targeted.

Posted by pputeh > 2013-10-29 09:29 | Report Abuse

rm20.20 lets hope but think asking for alot. lets see what div they pay. so far not declared yet

Posted by Investor > 2013-10-29 11:28 | Report Abuse

got dividend？where can i got latest infor of this stock. u really update.

Posted by PJTrader > 2013-10-29 17:03 | Report Abuse

AEONCR understand distinctly the burden of the investors running around sourcing for new fund to buy the Right Issue if they had to call one. Now that they opt for Perpetual Bond / SUKUK instead of Right Issue, the burden has been shifted to the public instead of shareholders like your and me. Of course if your want to buy the Perpetual Bond / SUKUK you can still do so but they are usually issued in tranches of 10 mil and above.

AEONCR super growth engine is still strong. AEONCR has recorded unfailing above 30% compounding annual growth of net profit for the past 8 years, an achievement that hardly any Malaysian company can achieve.

Posted by Kevin Gibb > 2013-10-31 14:48 | Report Abuse

Let me add to PJTrader's remarks. Well, we can say Public Bank also achieved comparable growth in its earlier years, but its net profit growth now has slowed to about 13% due to its sheer size. Lets see Google which have listing 9 years ago without paying any dividend, its share price had skyrocketed from $85 to $1011 today, creating many millionaires within its shareholders. Remember "growth way outweigh dividend income". So I would personally encourage investors to participate in AEONCR’s sustainable growth now! I hardly find a stock like AEONCR that have such whooping financial results. Any fundamentalist could easily support this stock.

Posted by Kevin Gibb > 2013-10-31 14:49 | Report Abuse

pputeh, Rm20.00 at the end of 2013 is achievable. It's target price deserved to be revised higher.

Posted by pputeh > 2013-10-31 15:19 | Report Abuse

Kevin I was just commenting as a bit surprised. Bought a bit of this stock in Nov 2010 for 3.80. Received Bonus last year 1:5. Still holding. Glad I am. Only regret did not sell out at rm18+ beginning this year. Could have bought back at rm15+. Anyway that the game.You win some u lose some. I hope our dreams of rm20.20 come true.
Wonder if Co. will distribute Bonus to enlarge capital base soon.

Posted by Kevin Gibb > 2013-10-31 15:54 | Report Abuse

pputeh, you have it at RM3.80 and believed it was before the 10:1 split. Good price. I think the reason why AEONCR do not give dividend this time is because of the CAR ( Capital adequacy ration ) issue, in which they wish to keep the capital as the CAR ratio is now below the Bank Negara's rule of 16%. Remember "growth way outweigh dividend income". I would say RM12.20 is achievable by end of this year if there is no unforeseen circumstances occurs.

Posted by Kevin Gibb > 2013-10-31 15:57 | Report Abuse

The uptrend of AEONCR is not affected and you may observe the stock chart has achieved higher high and higher low for the past one year. The next high will be around RM20.20 ( above the previous high of around RM18.60 )

Posted by Kevin Gibb > 2013-10-31 16:29 | Report Abuse

Good news on AEONCR. AEON Credit Service (M) Berhad (the “Company”) has announced that it has obtained authorisation from the Securities Commission Malaysia on 29 October 2013 for the proposed issuance of unrated subordinated perpetual notes (“Perpetual Notes”) pursuant to a proposed perpetual private debt securities programme of up to RM400.0 million in nominal value (“Perpetual Private Debt Securities Programme”). This is a great great news. See http://www.bursamalaysia.com/market/listed-companies/company-announcements/1448021

Posted by Kevin Gibb > 2013-10-31 17:09 | Report Abuse

AEONCR deserved to have a whooping 5,32% rise today.

Posted by pputeh > 2013-10-31 19:55 | Report Abuse

Went up by 0.82sen today thanks Kevin. However Aeon Cr never split 10:1. I don't remember it hapening. However I amy be wrong See Fu. Ha Ha. From the time I hold this share its a rm1.00 par value. Only gave Bonus once, last year 1:5 ( got 5 lots give 1lot)

Posted by kkteng70 > 2013-10-31 23:16 | Report Abuse

any one know what is perpetual notes ?

Posted by Kevin Gibb > 2013-11-01 10:53 | Report Abuse

sorry, I recalled mistakenly. The previous split was not 10:1, but was 5:1, whereby athe share price was reduced to 80% with addition of 1 share for every 5 shares.

Posted by Kevin Gibb > 2013-11-01 10:57 | Report Abuse

Perpetual Notes is a type of "I Owe U' or bond that have no expiry date as its name perpetual(forever) implies. To make it simple, let's assume that there is such a imaginary product called Perpetual Fixed Deposit with fixed 6% interest rate by ABC Bank. This product will works in such a way that if you deposit Rm10,000 in it, you will be guarantee a yearly interest payment of Rm60 every year for ever and ever, irrespective of whether the prevailing market interest has gone up or done. As the perpetual name implies also, you have to commit your Rm10,000 in the Perpetual Fixed Deposit for ever and ever, or in other words you cannot cash out your original Rm10,000. Of course with such inelastic features, it may not be an attractive product. However, past records have shown that quite many tranches of Perpetual Notes had been launched successfully. The most notable one would be the Perpetual Bond issued by British Government in the 18th Century to fund its war expenses. In fact, our CIMB Bank have also successful launched its Rm200mil Perpectual Bond a year ago. This shows that such a lousy product can also sell in the market provided the yield or the coupon rate is attractive.

Posted by PJTrader > 2013-11-03 21:28 | Report Abuse

Looking forward next week & next few months as this counter is the best stock on business growth every year and indeed the best in Malaysia.

Posted by Kevin Gibb > 2013-11-05 17:47 | Report Abuse

Facts about present AEONCR
• ROE = 35% > 20% excellent management
• Its net profit margin = 28% > 20% (has very strong competitive edge)
• Its Neff Ratio = 2.5 > 1.5 (very cheap valuation)
• Its gross impaired loan of 1.64% (good risk management)

Posted by PJTrader > 2013-11-06 10:25 | Report Abuse

Exciting company.

Posted by invest99 > 2013-11-07 16:58 | Report Abuse

After settling perpetual note, I believe Aeoncr will declare the dividend soon. It is not only a growth stock , but with a reasonable dividend payout policy.

Posted by Kevin Gibb > 2013-11-07 19:50 | Report Abuse

AEONCR is just an exciting company to me.

Posted by pputeh > 2013-11-07 20:32 | Report Abuse

Today SC gave approval for Perpetual notes issue. Will be managed by Hong Leong Bk. Hope now they will declare dividend or bonus issue as rights issue will not take place. Lets wait and see.

Posted by Kevin Gibb > 2013-11-08 09:24 | Report Abuse

Very good news. Really looking forward.

Posted by pputeh > 2013-11-10 19:17 | Report Abuse

Hi Kevin. Looks like someone is pressing down this counter to buy. Arbdeen Assets usually the culprits.Somethime ago when Aeon Cr was rm13 they sold down heavily and price dropped to rm10+. Then the started collecting. I also noticed from rm18+ they sold heavily. However of late below rm16+ they have been collecting. What yr take on it?

Posted by Kevin Gibb > 2013-11-11 09:02 | Report Abuse

pputeh, true. I have been observing this counter closely. They sold in many batches when the price reach RM13 and RM18. My friend did call Aberdeen and was informed that this was their portfolio management / exercise. They do not want to keep stock with too much total value in hand. But I am still wondering as someday they sell and buy back next few days, it happened if you trace back the record. Of late below RM16, they did buy some back.

Posted by pputeh > 2013-11-11 15:14 | Report Abuse

Tq for feed back

Posted by prospertogether > 2013-11-15 09:49 | Report Abuse

this counter will advance any time from now towards year end & early next year.

Posted by pputeh > 2013-11-17 11:46 | Report Abuse

Hi Kevin. Seems Aeon Cr is holding us shareholders in suspense. No announ on div etc. Wonder what happening. Directors also very quiet. Last year after the Fukisama neceular plant disaster they were very quick to declare div. Majority shareholders in Japan, so they declared to help the maj shareholders.
Have to wait teill next quarter results in Dec

Posted by Kevin Gibb > 2013-11-20 09:44 | Report Abuse

Ya. We do not see anything at this moment but have to wait for announcement in the coming quarter. Worth to hold.

Posted by pputeh > 2013-11-20 09:50 | Report Abuse

Thanks Kevin

Posted by sayandquoteit > 2013-11-26 08:32 |

Post removed.Why?

Posted by wongkok > 2013-11-26 18:53 | Report Abuse

Where is the article?

Posted by prospertogether > 2013-11-27 09:00 | Report Abuse

today news on AEON announced first 9 months profits up 22%, it means that the sister company AEON Credit will prosper together. this is a very good news.

Posted by prospertogether > 2013-11-28 08:41 | Report Abuse

wongkok, i read the article at the website by the name of "investmentgoesaround.com" titled as "what is focused management"

Posted by khlaw > 2013-11-28 18:28 | Report Abuse

dividend 22.3 cents

Posted by pputeh > 2013-11-29 00:44 | Report Abuse

just declared div 22.3 sen. Better than last year 3q which was 16 c. Good for you directors. Now waiting for the Bonus issue. Is it going to be 1:3 as you gave 1:5 last year. Last hope it comes soon

Posted by prospertogether > 2013-12-05 19:24 | Report Abuse

hope these few days up form a consistent uptrend. bravo stock with excellent revenue & profits increase ever year. The only one you can find in Bursa Malaysia.