1) Price rebound upward - get Hong Pao 2) Price go down - get trapped or cut loss.
These are the factors to consider.
1) Foreign Funds Selling Malaysia (P/E18 - considered expensive.) 2) Foreign Funds Buying North Asia (P/E 12 - considered inexpensive.) 3) If Foreign Liquidity Dries Up - Local Fund can only provide support for selective counters. 4) Deteriorating economic purchasing power by the day due to price rises of many things 5) The Weakening of KLSE will collectively impact on all High Flying Shares To Weaken.
It;s an uphill battle for AEONCREDIT. In Year 2013 the wind was favourable. For year 2014 it is facing ill wind. Externally - Foreign Fund Selling' Internally - Inflationary Pressure.
These Double Whammy Will Hit Not Only AEONCREDIT But All Other Overexposed High Flying Counters of Year 2013.
As the adage goes, "What Goes Up - Must Come Down"
Especially Cyclical Stocks & Speculative Counters Will Be Hardest Hit.
Go Into Sheltered & Defensive Counters & Laggards like
1) SILK 2) OPCOM 3) RCECAP 4) CYMAO 5) THE STORE 6) PM CORP 7) MUI BERHAD 8) CEPCO 9) DUTALAND 10) EPMB
Calvin, I think you are totally lost. This is Aeoncr forum, for people invest in Aeoncr to share information of Aeoncr. No more marketing business here!!!
One More Thing. Aeoncredit was traded at only RM2.00 in year 2009. It Was The Relentless QE Or Money Printing That Flood the World with Cheap Money.
The favourable winds from Foreign Fund Inflow & Good Times Cause Aeoncredit's kite to fly, fly fly up into the region of RM18.00. Up 900%!!
Now with the Wind GONE. The high flying kite Might just Crash back to earth or "kite putus" and drift lower and lower back to RM2.00 where it first started?
i guess u are wrong calvin...this is a lender without any bank's license ..and their loan biz keeps increasing...still i dare not to enter...but anyone who have it at high price ..must hold
Very good info. Great job. More people like you should come forward and post. Yes. I like Public Bank. When bad news was reported in 2009 I keyed in to buy, but Public Bank didn't fall to my target price of RM6.00 - so I missed it.
For AEONCREDIT It Has Been A Great Growth Stock With Increasing EPS. However, dividends did not match price rise. And you must take note that the Share Market Is Also Cyclical. Its EPS is contingent on Economic Boom & Bust Cycle.
Imagine A Deep Recession like Spain - where 40% of youth are jobless. Very few will qualify to get loan. So Aeoncredit may be subjected to a structural and fundamental shift in future growth and earnings.
Wow! Impressive? Major Foreign Funds, Local Funds & even Robert Kuok went GaGa over Transmile & Kept On Buying Transmile from a mere 46 cents in year 1998 to a high of RM15.20 in year 2007.
Then what happened?
Warning signs were
1) Insider Selling 2) Dividend did not follow Earnings Per Share. 3) So Directors cooked the book and fiddled with figures to look good. 4) 4 planes stalled in Old Subang Airport (No One Bothered to go and check.) Of course all Fund Mangers were Arm Chair Investors sitting in the comfort of their air-cond offices. 5) Kept telling investors the Good Track Record of Transmile to gullible people.
Transmile = Trans - Smile = Transfer Your Smile From You To The Cheating Directors.
AEONCREDIT might also change name to AEON Crash Shit!
Calvin, I think we should open another forum for you called "Dua Pau" just for people like you. Because you buy share not base on track record, and just base on Dua Pau.
When is results going to be announced. Anyone knows? It least it has finally turned around. Now slow & steady. Kevin Gibb whats yr take on this counter. Any guess on bonus. What about div??
the next financial result should be released around mid April 2014. at this moment there is no news on bonus and dividend. If Aeon & Aeon Big have good revenue, we can expect Aeoncr prosper. Achieving higher high ( higher than last high of RM18.86 ) is something not impossible, if you look at the pattern of the stock price.
Hello Kevin. Today Aeon ( Mother share) propose bonus and share split. Bonus 1:1 & split into 50 sen share after bonus.Aeon cr already 50 sen share so no chance of split. Only hope follows mother and declares bonus
Thanks Kevin. However pl remember that Aeon cr is a 50sen share while Aeon is a dollar share so it can split. However Aeon cr can still split to 20 or 25 sen share. Lets wait and see. Will be happy if its a bonus. Last yr it gave a 1:6. Lets see what happens
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....
calvintaneng
56,638 posts
Posted by calvintaneng > 2014-01-21 09:00 |
Post removed.Why?