Posted by smartly > 2017-10-13 11:39 | Report Abuse

**1000 shares of mother = RM211.3

Posted by kayedge > 2017-10-13 14:16 | Report Abuse

mother share will get another dividend over the next 12 months while LA shares need to wait another ?11 months to get the interest income of 3.5%.
Difference probably in favour of mother share?

Posted by kayedge > 2017-10-13 14:18 | Report Abuse

will convert as LA shares are not commanding any premium unlike many warrants.

Posted by I LOVE Hengyuan, SEXY BABE RM21 > 2017-10-13 14:18 | Report Abuse

wow, so fast back to 13

Posted by jeckcw > 2017-10-13 15:28 | Report Abuse

2 times dividend ,0.2111 ，1000 unit=RM 211. + another dividend at least RM 180 to encourage you to convert which interest RM384 annually

Posted by Alex Foo > 2017-10-15 21:38 | Report Abuse

haha ah hong, tq for nice analysis.

I guess i'll just take margin from my broker then. Coz right now i'm full time trading, no EA form lol..... and my house asset is co-name binding, so cannot cincai refinance. It's ok, i'll play safe with cash =)

Posted by smartly > 2017-10-16 15:12 | Report Abuse

sapu......la

Posted by Alex Foo > 2017-10-16 15:25 | Report Abuse

if you don't like aeoncr mother share price now, just go sapu 11 lot AEONCR-LA, then terus initiate conversion procedure, earn the arbitrage =)

Posted by Alex Foo > 2017-10-16 15:25 | Report Abuse

left 1 share LA, consider it as souvenier =)

Posted by Alex Foo > 2017-10-16 16:36 | Report Abuse

why everyone here 后知后觉? =)

Posted by Alex Foo > 2017-10-16 16:40 | Report Abuse

can i ask? i don't think those LA conversion is entitled for dividend, if i understand it correctly. Betui? Because the dividend is announced prior to LA stuff, and the entitled number of shares is already determined.

Posted by Alex Foo > 2017-10-16 16:40 | Report Abuse

need sifu to educate me on this

Posted by smartly > 2017-10-16 16:57 | Report Abuse

those convert on the 1st or 2nd day of dividend announcement will entitle. just in time for them to convert.

Posted by smartly > 2017-10-16 16:58 | Report Abuse

i should opt to convert...now regret. :(

Posted by Alex Foo > 2017-10-16 16:58 | Report Abuse

ic, that one need fast hand fast leg oh....but looks like not much entitlement also....it's ok la =)

Posted by Alex Foo > 2017-10-16 16:59 | Report Abuse

u see the bird eye view, aeoncr past 10 years result...roe amazing....cantik div.....if only i bought it back then....

Posted by hong2166 > 2017-10-16 17:23 | Report Abuse

Alex, u still entitle for dividend as long as u got ur mother share before the ex-date. However , u can always check with registry company

Posted by hong2166 > 2017-10-16 17:24 | Report Abuse

The only cons of aeoncr is it's bad debt , NPL stood at 2.5%, which is high

Posted by hong2166 > 2017-10-16 17:25 | Report Abuse

I personally aim above 15 or maybe to 20 provided bull market really come next year . Whole world market is very bullish , except Malaysia . Wish Malaysia can go up kau kau

Posted by Alex Foo > 2017-10-17 09:55 | Report Abuse

this is called market inefficiency ma. only when the market is inefficient can value investor jump in and wait =)

i guess npl for aeoncr industry should be viewed with discretion. It's not that npl is little to non-existent for the past quarters, in fact i believe they are prepared for that since they decide to go for micro financing niche.

Btw, how do you get the npl data? i want to trace it across the years.

Posted by Alex Foo > 2017-10-17 09:57 | Report Abuse

anecdote experience tells me that people would generally want to honor their lender given the circumstance to do so. So we just hope that as investors we will be patient to see aeoncr generates long-term value to both the borrowers and the investors.

Japanese kaizen mode is on. Always improving.

Posted by Alex Foo > 2017-10-17 09:58 | Report Abuse

btw, is there any competitor for aeoncr? apart from bankers. Does insurance company provides micro financing solution?

Posted by stulai2008 > 2017-10-17 16:53 | Report Abuse

aeoncr competitor is every where, u can very easily to find them at lamp pole, mail box, stair case, even in the lif,

Posted by hong2166 > 2017-10-17 23:33 | Report Abuse

aeoncr npl is stated in their quarterly report. Your can find it.

Posted by smartly > 2017-10-19 09:58 | Report Abuse

cabut liao....
TQ AEONCR-LA !

Posted by Alex Foo > 2017-10-19 15:06 | Report Abuse

i just realized there's no real advantage to hold LA except for the fact that it gives 3.5% interest no matter how aeoncr will perform in the next 3 years.

As such, I have switched back to mother share. At least got door gift, and can call myself aeoncr shareholder, haha

Posted by Alex Foo > 2017-10-19 15:06 | Report Abuse

also, it gives >3.5% dividend. Hopefully it will continue~

Posted by Alex Foo > 2017-10-19 15:07 | Report Abuse

@stulai2008

haha....yalo...i saw one

'borrow 1000, return 980'

Posted by tiow > 2017-10-19 17:19 | Report Abuse

Its main competitors are as GEP : Counts & Singer; MEP / Personal financing : banks, Hap Seng & RCE(Civil Servants), cards business : banks.

Posted by tiow > 2017-10-19 17:21 | Report Abuse

should read as Courts.

Posted by Alex Foo > 2017-10-20 12:07 | Report Abuse

ic, nice input tiow =)

Posted by Ultramen > 2017-10-23 00:10 | Report Abuse

i also cabut liao, bye LA.
hold mother is enough.

Posted by Hengyuan: SEXY BABE RM21! > 2017-10-27 14:49 | Report Abuse

slowly climb up

Posted by stulai2008 > 2017-10-31 09:35 | Report Abuse

RM14 already, let see how high can climb.

Posted by Alex Foo > 2017-11-02 17:02 | Report Abuse

if 14, mean RM21 last time haha

Posted by guppycrow > 2017-11-02 17:42 | Report Abuse

arbitrager of TIBOR/LIBOR rate rigging anchor by BNP Pariba SA arond the clock

Posted by tiow > 2017-11-03 10:53 | Report Abuse

If we go back to its 1st bonus issued 1:5 on Sep 12, mean it's worth RM25 now..

Posted by tiow > 2017-11-03 11:03 | Report Abuse

Consider Aeon Credit IPO on Dec 07, it's a 10 years journey, if one subscribed 1,000 units for its IPO at 2.50, then go sleep for the next 10 years, & wake up to sell the stock today...include bonus issues(twice), dividends received and ICUL subscribed, he/she would earn about 29,120 from this trade, a compounded annual return of 28.9%.

Posted by SlowSlow Wait > 2017-11-03 12:30 | Report Abuse

hold n slow slow wait

Posted by Alex Foo > 2017-11-03 12:31 | Report Abuse

wah, return better than buffett. haha

Posted by tiow > 2017-11-03 14:09 | Report Abuse

the business franchise is still unique, thou next ten years might not as good (in term of price/value proposition & business wise prospect) as the market is maturing, however think there're some legs / tailwind to go, please keep hold and buy more if good opportunity arise...

Posted by PlsGiveBonus > 2017-11-03 17:04 | Report Abuse

Japan is buying Bitcoin
Japanese never disappoint to change this world
:)

Posted by Newmaster > 2017-11-10 10:02 | Report Abuse

Right timing to switch counter to take advantage of surging trend !

https://bullseyebursa.blogspot.sg/2017/11/what-determines-the-earning-of-petronm.html

Posted by Jia Jiun > 2017-11-10 10:57 | Report Abuse

when will the QR be out?

Posted by kksk123 > 2017-11-10 16:14 | Report Abuse

@Jia Jiun, probably next month.

Posted by LeeFoundation > 2017-11-12 22:10 | Report Abuse

Ooi Teik Bee According to the chart I checked.

Bought Petdag on 1/1/2007 at 3.43.
Price on 30/12/2013 at 28.54.
You must make a lot of money.

Bought Petdag on 1/1/2014 at 28.54.
Price on 10/11/2017 at 21.60.
You must lose a lot of money.

If you believe very strongly on Petdag, Petdag is on strong down trending now, please buy more at 21.60 now.

I need to correct my earlier statement, the price of Hengyuan will overtake the price of Petdag in 2019, definitely not 5 years.

Thank you.
Ooi
12/11/2017 15:58

Pls note Petronm will fly together with HY too

Posted by itfhentong > 2017-11-17 23:15 | Report Abuse

Hi, can any of the experts here teach/ share how to convert ICULS into mother share?

Posted by Alex Foo > 2017-11-19 14:42 | Report Abuse

hi, buy 11 lot of ICULS, call ur remisier to initiate conversion to 1 AEONCR mother share.

Conversion is 10.99 ICULS -> 1 mother share

Posted by Alex Foo > 2017-11-19 14:43 | Report Abuse

like this, you'll left with 1 ICULS as sagu hati...haha

Posted by itfhentong > 2017-11-20 09:13 | Report Abuse

Thank you Alex Foo for your sharing! So it means we can convert it before the maturity date?