AEON CREDIT SERVICE (M) BHD

KLSE (MYR): AEONCR (5139)

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Last Price

6.85

Today's Change

-0.06 (0.87%)

Day's Change

6.83 - 6.90

Trading Volume

123,100


7 people like this.

2,429 comment(s). Last comment by 1288Go 1 month ago

Posted by supersinginvestor > 2021-10-25 10:13 | Report Abuse

Buy and hold.....target rm30

ivanlau

1,389 posts

Posted by ivanlau > 2021-10-26 18:26 | Report Abuse

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Stock: [AEONCR]: AEON CREDIT SERVICE (M) BHD

Oct 4, 2021 5:18 PM | Report Abuse

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Posted by ivanlau > Sep 28, 2021 9:36 PM | Report Abuse X

If based on current eps 154 x pe 9 ( conservative ), the fair value in 2021 will be rm 13.80 ........... Today closing 11.88

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today closing 12.88 !!!

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today closing 13.88 !!!

Posted by wallstreetrookie > 2021-10-27 11:05 | Report Abuse

There is absolutely no need to brag about your own comments in i3. Make money quietly ffs

Posted by wallstreetrookie > 2021-10-27 11:05 | Report Abuse

Anyways Aeon Credit is the best

Posted by supersinginvestor > 2021-10-27 12:27 | Report Abuse

Yes true. Agree...
Buy n hold target rm30...

Posted by wallstreetrookie > 2021-10-28 07:23 | Report Abuse

LendingClub Corporation +27.69% after hours

Posted by wallstreetrookie > 2021-10-28 07:23 | Report Abuse

Wall Street analysts will continue upgrading price targets for consumer lending companies. Aeon Credit is still the best stock to position

Posted by wallstreetrookie > 2021-10-28 07:32 | Report Abuse

Dropping another 1 million this week. Aeon Credit is still trading below its deserved valuation. I believe that Malaysian IBs are mis-pricing the stock. RM15 price target is way too low.

Posted by wallstreetrookie > 2021-10-28 07:32 | Report Abuse

Interest rate won't stay low forever

Posted by wallstreetrookie > 2021-10-28 07:51 | Report Abuse

Let's see how early we get an earnings guidance from the company

Posted by supersinginvestor > 2021-10-28 10:58 | Report Abuse

Yes true agree with rookie.
Thanks for input bro...

gohku

373 posts

Posted by gohku > 2021-10-28 14:24 | Report Abuse

Very strong earnings.

This will support its share price

Posted by wallstreetrookie > 2021-10-29 08:02 | Report Abuse

LendingClub Corp +33.05%

Posted by wallstreetrookie > 2021-10-29 16:15 | Report Abuse

Interest rate play in Q1 2022

Posted by wallstreetrookie > 2021-10-29 16:26 | Report Abuse

300 lots selling block. Jesus Christ, buy again

Posted by wallstreetrookie > 2021-10-29 16:58 | Report Abuse

Happy weekend!

Posted by wallstreetrookie > 2021-10-30 16:51 | Report Abuse

Traders increase bets on rate hikes as early as June 2022

Posted by supersinginvestor > 2021-11-01 09:31 | Report Abuse

Buy...

Posted by supersinginvestor > 2021-11-01 09:36 | Report Abuse

Buy...unker sifu aldy advice u..next time dont say i no say

Posted by wallstreetrookie > 2021-11-02 07:08 | Report Abuse

The Bank of Canada surprised markets last week when it ended its government-bond-purchase program and moved up the time frame for when it might first raise its benchmark interest rate from its current near-zero level.

Meanwhile, the Reserve Bank of Australia, which has a policy meeting on Tuesday, stunned investors when it declined last week to defend the 0.1% interest-rate target it had set on bond yields that mature in April 2024. Bond investors sold off government debt following the release of a stronger-than-anticipated inflation report.

The RBA’s move fueled expectations that it will scrap the program, known as “yield curve control,” at this week’s meeting. “If so, this is a startling about-face,” said Ben Jarman, an economist at JPMorgan Chase & Co.

WSJ | Economy

Posted by wallstreetrookie > 2021-11-03 05:54 | Report Abuse

Some investors and former Fed staffers aren’t so sure. Krishna Guha, vice chairman of Evercore ISI who was an adviser to William Dudley when he was head the New York Fed, says the rates market is getting it wrong on both sides - especially with U.S. stocks near their all-time highs. Stephen Jen, the chief executive officer of Eurizon SLJ Capital, goes even further, saying the market’s very low pricing of the peak policy rate is “ridiculous.”

While the rate markets backdrop seems to show “fear that central banks have boxed themselves into a corner and will be forced into hawkish policy mistakes that end up generating a weak economy, that is hard to square with strength in equities and credit,” Guha wrote in note with his colleague Peter Williams on Nov. 1.

Bloomberg | Markets

Posted by wallstreetrookie > 2021-11-03 06:06 | Report Abuse

Mr. Powell has clearly telegraphed that officials at their two-day meeting ending Wednesday will sign off on plans to steadily reduce their $120-billion-a-month bond-buying stimulus this month, with an eye toward phasing the purchases out by next June. With that settled, investors have turned their attention to when the central bank might raise interest rates from near zero.

Economists at Goldman Sachs last week changed their rate-path forecast to show the Fed raising rates from near zero next July, roughly a year earlier than their previous forecast. They expect the Fed will raise rates sooner because the current interval of higher prices will persist into the middle of next year, even though they still expect inflation to fall to 2% by early 2023.

WSJ | Economy

Posted by wallstreetrookie > 2021-11-03 10:01 | Report Abuse

Buy the dip

Posted by wallstreetrookie > 2021-11-03 10:02 | Report Abuse

Pricing in Q1 - Q2 2022. Mid term hold

Posted by wallstreetrookie > 2021-11-03 10:13 | Report Abuse

Ringgit swaps pricing in ~20bps rate hikes

Posted by supersinginvestor > 2021-11-03 13:37 | Report Abuse

Yes yes agree...

Posted by supersinginvestor > 2021-11-03 13:38 | Report Abuse

@wallstreetrookie.
Plz dont buy all ok..
Unker sifu not finish accumulating. Give me chance oso la..

Posted by supersinginvestor > 2021-11-04 13:26 | Report Abuse

Hope aeoncr can reach RM30 by year end 2022..

Posted by wallstreetrookie > 2021-11-06 22:08 | Report Abuse

FlexShares Trust - FlexShares MorningStar Emerging Market

Vanguard World Fund - Vanguard ESG

American Century ETF Trust - Avantis Emerging Market Fund

Vanguard STAR Funds

Posted by wallstreetrookie > 2021-11-06 22:22 | Report Abuse

Aggressive rate increases will close the “circle of troubles for equity investors,” said Peter Garnry, head of equity strategy at Saxo Bank, as it will spur a rise in input costs across commodities, energy, wages and financing, and reset already elevated stock valuations.

If policy is tightened too little too late, quality stocks with pricing power and the ability to pass on cost pressures should fare relatively well, said to Rupert Thompson, chief investment officer at Kingswood

Bloomberg | Markets

blackchicken

1,220 posts

Posted by blackchicken > 2021-11-09 18:44 | Report Abuse

Good Rcecap QR and its bonus issue.

Posted by wallstreetrookie > 2021-11-10 10:09 | Report Abuse

If you are an Aeon Credit investor, you are recommended to hold until mid Q2 2022 at least.

Posted by supersinginvestor > 2021-11-10 11:50 | Report Abuse

Ok @wallstreetrookie
Got it..thanks.

Posted by wallstreetrookie > 2021-11-11 07:04 | Report Abuse

Uncertainty over who will lead the central bank next year further muddles how the Fed might manage interest rates if inflation stays elevated. President Biden hasn’t said who will serve as Fed chair after Mr. Powell’s term expires in February.

In the recent past, presidents have announced their picks by this point on the calendar to ensure the Senate can confirm the nominee with ample time. Mr. Biden last week interviewed Mr. Powell and Fed governor Lael Brainard for the job and has said he will announce his decision soon. Both Fed officials have taken a similar view this year about the likelihood that inflation pressures would wane on their own.

Hotter inflation “is unlikely to endear Powell to the White House” and would be seen as strengthening the case for replacing him if the other leading candidate for the job, Ms. Brainard, hadn’t staked out a position this year favoring even looser monetary policy, said Krishna Guha, vice chairman of Evercore ISI, in a note to clients on Wednesday.

High inflation also increases the prospects that Republicans will be united in opposition to any of Mr. Biden’s nominees except for Mr. Powell, who has received several endorsements from lawmakers in both parties. “With no margin for error in the Senate,” said Mr. Guha, “Biden could face real difficulty getting a Powell replacement confirmed.”

WSJ | Economy

Posted by wallstreetrookie > 2021-11-16 15:12 | Report Abuse

US Hedge fund/institutional investor reporting yesterday

Just one example:
LendingClub Corporation
Morgan Stanley 2 million shares acquired Shares Changed: +113% Value Changed: 232%

Aeon Credit is one of the few companies to capitalise on the next trend.

Posted by wallstreetrookie > 2021-11-16 15:13 | Report Abuse

According to the latest 13F filling which occurs every 45 days after the beginning of a financial quarter

Posted by wallstreetrookie > 2021-11-16 15:17 | Report Abuse

It was pure speculation that investors were increasing bets on rate hikes. Now this is evidence.

It is no longer taper tantrum. But rate hike tantrum. Just wait

blackchicken

1,220 posts

Posted by blackchicken > 2021-11-30 18:34 | Report Abuse

Aeon Credit in collaboration to spearhead digitalisation platform for hawkers, petty traders
https://www.thestar.com.my/business/business-news/2021/11/30/aeon-credit-in-collaboration-to-spearhead-digitalisation-platform-for-hawkers-petty-traders

Posted by wallstreetrookie > 2021-12-01 06:26 | Report Abuse

Cannot do much about this company for the moment. Interest rates will stay low for the next quarter. Hold until mid 2022.

Posted by wallstreetrookie > 2021-12-01 06:26 | Report Abuse

Thanks to the new variant. Buy the dip

Posted by wallstreetrookie > 2021-12-01 06:29 | Report Abuse

My apologies if anyone lost money here. Huge mistake for pricing in interest rate hikes.

Posted by wallstreetrookie > 2021-12-01 15:34 | Report Abuse

Umm bond yield up again lmao.

Posted by wallstreetrookie > 2021-12-01 17:59 | Report Abuse

This market is really not fun at all. Sporadic rise in bond yields and excessive retail support. I am sure all analysts have no idea where the market is heading next month

Posted by wallstreetrookie > 2021-12-02 14:49 | Report Abuse

Tomorrow holiday. Yahoo

Posted by wallstreetrookie > 2021-12-02 14:51 | Report Abuse

Absolute return next year. Buy this company. Interest rate gonna go up and up soon

Posted by wallstreetrookie > 2021-12-02 14:51 | Report Abuse

Consumer lending - BOOM

Posted by wallstreetrookie > 2021-12-13 11:49 | Report Abuse

Still believe in the growth story. Interest rate remaining low is probably a short-term event.

Posted by wallstreetrookie > 2021-12-14 14:22 | Report Abuse

Hold

Posted by wallstreetrookie > 2021-12-15 17:02 | Report Abuse

Institutional investors pricing in 3 rate hikes by January 2023

WIPR<GO>

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