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Overview
Financial Highlight
HeadlinesBusiness Background Aeon Credit Service M Bhd primarily offers credit cards and other loans and financing options to consumers in Malaysia. The company earns more than 80% of its revenue from interest and financing charges on the loans it provides. Fees provide the remaining revenue. Vehicle financing, with a roughly even split between cars and motorcycles, accounts for more than half of the loans the company has outstanding. Remaining loans outstanding are in the personal financing, consumer durables financing, and credit card categories. Aeon Credit issues credit cards under the Visa and Mastercard brand names.
  OnionK1ng any news that moved the stock price so drastically? drop 50% overnight? hmmmmmmmm 17/11/2023 9:09 AM IamBen10 So, it's not a bonus... It's almost we going to get the same amount bcos now they cut 50% 17/11/2023 10:04 AM jackjason In this case can anyone tell me what is the different bonus 1: 1 and split share 😂😂 18/11/2023 12:52 AM pathew cornered stock.... ppl can easily control price, just hold since fundamentals intact 23/11/2023 11:57 AM ykloh What kind of contribution will the digital bank bring to ACS. It may be negative, at least in the initial years. 11/12/2023 4:02 PM up2_sky "Today closing 11.30 . If based on average pe 9 , the fair value should be around 13.50".. ivanlau, this was your comments right? 11/12/2023 4:05 PM jackjason ykloh, initial investment in digital bank will impact the performance of ACR. But also not guarantee future can get benefit from digital bank and need continue pump in the money. In market how many digital can doing well and how many player get burn with exit the digital bank market. Is interest to know. 11/12/2023 11:33 PM value_seeker Not easy to get license. The license worth a lot of money. In Malaysia, the value of bank license is big as the government does not issue bank license to any interested company without strict study. I believe the recent local bank license was issued to MBSB- an established lending company in Malaysia. So- the license is of certain interest to investor. 12/12/2023 10:22 AM beginner888 Disappointed QR Aggressive & highest topline in the last 12 quarters yet low bottom line Although significant impairment yet NPL is still high 22/12/2023 11:53 PM loss9696 Ooh, no-ooh, and the sky is falling down btw, does anyone know AEONCR is making more money when the interest rate is high or low? 26/12/2023 10:10 PM  Pinky AEONCR is not like your conventional banks, using depositors' money to lend out. They are raising market in the bond market mainly. 27/12/2023 9:09 AM  James_Bond Be informed that I closed my short on Aeoncr. Happy New Year 2024, Cheers! 27/12/2023 11:38 AM jazmaster Moody’s Investors Service anticipates that AEON Bank Bhd will act as a driver for further growth in Malaysia’s Islamic banking sector, due to the strong awareness and interest in digital Islamic banking. https://www.thestar.com.my/business/business-news/2024/01/16/moodys-aeon-bank-to-spur-islamic-banking-sector 16/01/2024 3:25 PM jazmaster Yes, AEON Bank holds one of the two Islamic digital banking licences awarded by Bank Negara in 2022 23/01/2024 11:55 AM leekh5555 https://www.aeoncredit.com.my/ul/1701068346489_investor_relation_engagement.pdf 17/02/2024 5:22 PM leekh5555 https://www.kenanga.com.my/wp-content/uploads/2024/04/AEONCR-240409-4Q24-RN-Kenanga.pdf 25/04/2024 12:44 PM ismadi https://www.malaymail.com/news/money/2024/04/21/aeon-bank-to-start-its-islamic-digital-operations-in-q2-2024/129969 21/05/2024 10:22 AM ismadi https://fintechnews.my/44341/digital-banking-news-malaysia/aeon-bank-offers-unique-personalised-account-numbers-at-launch/ 01/06/2024 12:29 PM ismadi https://www.asiainsurancereview.com/News/View-NewsLetter-Article/id/88247/Type/eDaily/Malaysia-Zurich-s-takaful-arms-and-AEON-Bank-form-partnership 21/06/2024 4:00 PM  raymondroy officially joined the aeoncr bandwagon :-) .... its gonna be a bumpy ride for sure, firstly looking forward to the 24c div on 4th of july, and thereon proper valuation for this 9x PER valued gem. Digital bank loss targeted for the year is RM160-170m.... of whioch aeoncr owns 50% therefore 80-85m a year or 20-21m loss a year, which is reasonable considering they are targeting at least 10% increased in receivable financing.... happy hunting :-) guys 26/06/2024 5:47 PM raymondroy 1st Qtr 31 May 2024 Results Total transaction and financing volume in the current quarter of RM1.975 billion was higher by 7.8% as compared to preceding year corresponding quarter. The Group recorded a total revenue of RM522.259 million, which was higher by 15.4% as compared to the preceding year corresponding quarter mainly attributable to stronger loan and financing growth. The Group has equity accounted for its proportionate share of losses in AEON Bank (M) Berhad during the quarter amounting to RM11.594 million. Profit before tax (“PBT”) for the current quarter of RM144.825 million increased by 9.8% as compared to the preceding year corresponding quarter. PBT for the current quarter was recorded at RM144.825 million, a decrease of 10.9% compared to RM162.595 million in the immediate preceding quarter. The lower PBT was mainly due to the higher impairment losses on financing receivables of RM163.457 million as compared to RM113.984 million recorded in the immediate preceding quarter. Good results :-) 10/07/2024 8:39 PM leekh5555 https://aeoncredit.com.my/wp-content/uploads/AEON-Credit-Analyst-Presentation-Q1FYE2025-FINAL-1.pdf 11/07/2024 5:26 PM curiousq Q2, 2025 The ratio of total operating expenses against revenue for the current quarter was recorded at 68.1% as compared to 58.3% in the preceding year corresponding quarter. The increase in the ratio of operating expenses was mainly attributable to the higher impairment losses on financing receivables of RM193.584 million as compared to RM120.574 million for the preceding year corresponding quarter. 26/09/2024 8:50 PM  | |
