Highlights
KLSE: AEONCR (5139)       AEON CREDIT SERVICE (M) BHD MAIN : Finance
Last Price Today's Change   Day's Range   Trading Volume
10.94   +0.04 (0.37%)  10.70 - 10.94  38,400
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Overview

Market Cap: 2,793 Million
NOSH: 255 Million
Avg Volume (4 weeks):78,380
4 Weeks Range:10.58 - 12.10
4 Weeks Price Volatility (%):
23.68%
52 Weeks Range:7.70 - 14.38
52 Weeks Price Volatility (%):
48.50%
Average Price Target: 11.61
Price Target Upside/Downside: +0.67

Financial Highlight

Latest Quarter | Ann. Date 30-Nov-2020 [#3]  |  21-Dec-2020
Next QR | Est. Ann. Date: 28-Feb-2021  |  21-Mar-2021
T4Q P/E | EY: 13.39  |  7.47%
T4Q DY | Payout %: 2.12%  |  28.39%
T4Q NAPS | P/NAPS: 6.04  |  1.81
T4Q NP Margin | ROE: 13.34%  |  13.53%

Headlines

Date Subject
14-Jan-2021 PublicInvest Research Headlines - 14 Jan 2021
14-Jan-2021 Mplus Market Pulse - 14 Jan 2021
12-Jan-2021 下跌股:永旺信贷 RM10.62支撑
06-Jan-2021 Aeon Credit - On the path to recovery amidst cautious sentiment
05-Jan-2021 PublicInvest Research Headlines - 5 Jan 2021
05-Jan-2021 Mplus Market Pulse - 5 Jan 2021
29-Dec-2020 【行家论股/视频】永旺信贷 估值提高目标价
23-Dec-2020 AEON Credit Service (M) - Elevated Impairments on Hazy Outlook
22-Dec-2020 Aeon Credit - Weaker Qoq Results as Impairment Loss Provisions Rise
22-Dec-2020 Aeon Credit Service Berhad - Revenue improving
22-Dec-2020 AEON Credit Service (M) - Uptick in Impairments
12-Nov-2020 下跌股:永旺信贷 RM9.98支撑
18-Oct-2020 Malaysia Banking Sector - BNM Affirms Resilience of the Banking Sector
14-Oct-2020 Aeon Credit - More Or Less Business-As-Usual Despite The CMCO
01-Oct-2020 Aeon Credit Service (M) - Growing Higher Yielding Receivables
01-Oct-2020 Sector Update 1 October 2020 - Malaysia Banking Sector (NEUTRAL, Maintain) - Aug 2020 Stats: More Positive Traction in Loan Grow
30-Sep-2020 【行家论股/视频】永旺信贷 资产素质恐恶化
30-Sep-2020 Aeon Credit Service Berhad - Slightly Below Expectations
30-Sep-2020 Mplus Market Pulse - 30 Sep 2020
30-Sep-2020 AEON Credit Service (M) - Lower Impairment Losses

Business 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.
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  7 people like this.
 
Foker It is actually quite bad
29/09/2020 6:20 PM
Foker Worst than last quarter, looks like hire purchase business is going to be bad bad for some time
29/09/2020 6:20 PM
Foker First time Aeoncr is hurt so badly.
29/09/2020 6:20 PM
Foker It's profits increase is merely normalisation from the MFRS 9 changes
29/09/2020 6:21 PM
Foker Business is bad, bad, dividend also cut because management anticipating bad QR ahead
29/09/2020 6:22 PM
Foker Worst than we thought
29/09/2020 6:22 PM
Pinky @Foker in this gloomy times the results reported are considered more than decent already.
29/09/2020 7:45 PM
Foker Lol, I not scared to tell the truth. Not like anyone read the comments here
29/09/2020 7:45 PM
Pinky U think all like glove companies meh
29/09/2020 7:54 PM
limkokthye tomorow big sell, dividen low
29/09/2020 8:48 PM
Jeffreyteck AEON Credit says difficult to predict Covid-19 impact on business.... if easy to predict many can be the management and bod. Lol. Looks like they are just like the majority.
30/09/2020 7:20 AM
eskay67 Loan loss coverage ratio reported at 417% at end of August 2020 vs 342% at end of August 2019 - seems to be prudent ...
30/09/2020 10:00 AM
Jeffreyteck Est Nov and Feb results should be poor yoy. Priced in, buy. Not yet priced in, be patient.
01/10/2020 7:58 AM
Juniper Suddenly turned Green!
01/10/2020 11:55 AM
5354_ Dividend so stingy. No wonder buy sure lose money.
02/10/2020 4:31 AM
Jeffreyteck Many supporters, good.
02/10/2020 9:11 AM
newbie4444 Why biggest drop today? Your money is fall from sky lose never mind?
02/10/2020 10:46 AM
Kwsp1010 Aeon sold to Malaysia and open aeon credit that is doing so well
07/10/2020 4:36 PM
Juniper Slowly dropping below RM10.00 again.
20/10/2020 12:13 PM
RainT down more please
23/10/2020 11:44 AM
Pinky See the chart

After the March super drop, its establishing a base before go up (2 times dah)

Now it establishing base again
23/10/2020 12:17 PM
alan26334 CMCO will not good for this counter as provision for impairment will cut the profit further.
25/10/2020 11:12 AM
ttluck drop till rm8....sapu je...
31/10/2020 11:20 AM
RainT when will 8?
31/10/2020 9:13 PM
Jeffreyteck Banks mostly fell below NTA. This is still very strong. TP=1.2 NTA.
01/11/2020 2:52 PM
RainT cannnot based on NTA to invest

NTA can be refer as supplement reasons only
02/11/2020 12:47 PM
Pinky Something interesting here too
16/11/2020 10:12 AM
supersinginvestor Buy aeoncr for rebound bak to rm17....
17/11/2020 1:12 PM
Pinky Hmm decent volume supported rally!
17/11/2020 4:43 PM
18/11/2020 9:47 AM
20/11/2020 9:22 AM
graham decent volume
02/12/2020 5:42 PM
Pinky What's the TP again? XD
04/12/2020 11:34 AM
gongkia why aberdeen keeps buying
04/12/2020 1:39 PM
lynixchong how about aeon - cy? thank you
04/12/2020 4:01 PM
Pinky Profit may be down but volume of transactions and net interest margin up. Positive! Don't sell!
22/12/2020 9:50 AM
gongkia sell.
22/12/2020 11:55 AM
scchen1975 Post removed. Why?
22/12/2020 11:57 AM
Pinky I beg to disagree, I think this result calls for "hold".

Of course not to buy now, but doesn't warrant a sell.
22/12/2020 2:45 PM
gongkia if not sell, then buy. don't believe what the IB say.
22/12/2020 4:31 PM
Pinky Kenanga punya TP is one of the more conservative one. Affin Hwang more bullish

But then again u see their previous TPs

Keep on upgrading

So take it with a grain of salt
22/12/2020 4:39 PM
Pinky Kenanga upgraded TP pulak
23/12/2020 10:21 AM
Ricky Yeo https://www.aeoncredit.com.my/ul/1608609923984_2020aeoncr_presentation_q3fye21.pdf
24/12/2020 10:42 AM
Pinky @Ricky Yeo thanks for sharing

So, what's your take? Buy, hold, sell?
24/12/2020 11:42 AM
donald770 Aberdeen is accumulating, price well supported
15/01/2021 7:12 PM
RainT AEONCR can up more share price ?
21/01/2021 12:37 PM
apple168 Once upon a time, a rich man from the city arrived in a village. He announced to the villagers that he would buy Monkeys for 100 each.

The villagers were very happy, after all there were hundreds of Monkeys in a nearby forest.

They caught the Monkeys and got them to the rich man. He bought hundreds of Monkeys and paid 100 for every Monkey the villagers gave him.

They began to make a living out of getting Monkeys from the forest and selling it to the rich man.

Soon, the forest began to run out of monkeys that were easy to catch.

Sensing this, the rich man offers 200 for every monkey. The villagers were ecstatic.

They went back to the forest, set up traps and caught the monkeys and got them to the rich man.

A few days later, the rich man announced he would pay 300 per monkey.

The villagers began climbing trees and risking their lives to catch monkeys and get them to the rich man – who bought them all.

There were no Monkeys left in the forest!

One day, the rich man announced he would like to buy more monkeys – this time for 800 each.

The villagers couldn’t believe this. They were desperately trying to get more monkeys.

Meanwhile, the rich man said he had to go back to the city on some business work and until he returns his manager would deal on his behalf.

Once he left, the villagers were unhappy. They were making quick and easy money from selling monkeys, but the forest no longer had monkeys.

This is when the manager of the rich man stepped in.

He made an offer the villagers could not refuse.

Pointing out to all the monkeys that the rich man had caged. He told the villagers he would sell the monkeys for 400 each.

“Sell them back to the rich man at 800 each when he comes back” the manager said.

The villagers were over the moon. Buy for 400 and sell for 800 in few days. They had just found the easiest way to double their money.

The villagers collected all their savings and even borrowed money.

There were long queues and within a few hours, almost all the monkeys were sold out.

Unfortunately, their happiness did not last long, as the manager went missing the next day and the rich man never came back.

Many villagers kept the monkeys with them, hoping the rich man would come back. But soon, they lost hope and had to let the monkeys back into the forest as feeding and taking care of the noisy monkeys became extremely difficult.

Good Luck!
25/01/2021 12:02 PM
apple168 TP 6.0
25/01/2021 12:02 PM
gongkia TP 7.0
25/01/2021 1:34 PM
gongkia ok now is TP 9.0
25/01/2021 9:56 PM


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