Posted by jason007 > 2020-03-19 10:22 | Report Abuse

I am not sure why he is pointing this counter but if you smart enough all banking industrial Gone too. If this counter drop till certain level. I think I should tell you is DOOM day ! public bank drop from 20 ++ now I think 12 . don't you forgot if you go understand this company well, Aeon is one of his major customer ! If arguing loan from public (personal loan) I am sure to tell you May bank and CIMB will be the biggest Issue. they have so much coperate loan with PNB to save some stupid oil company few year back . We are talking bepuluh puluh Billion !! you want to company the bad debt in future Aeoncr vs CIMB or Maybank !

Posted by calvintaneng > 2020-03-19 11:48 |

Post removed.Why?

Posted by Matcha Green Tea > 2020-03-19 14:08 | Report Abuse

What a waste of Internet space.

And your own time.

Try not to keep proving yourself as successful and compare to others.

Just make your own success.

Posted by jason007 > 2020-03-19 15:30 | Report Abuse

I think that is what the purpose of forum. it is not wasting a space or time. is about personal opinion. Great Depression or Crisis doesn't matter any more. It is not about Cash or Equity too. IT IS about how to save Life during this Virus WAR !!

Posted by calvintaneng > 2020-03-19 15:30 |

Post removed.Why?

Posted by Xoxo Gossip Girl > 2020-03-19 20:07 | Report Abuse

gossip gossip gossip

Posted by pjflower > 2020-03-19 21:07 | Report Abuse

Super bleeding...

Posted by Icon8888 > 2020-03-19 21:22 | Report Abuse

Can go very very Low if bad debts explode

Posted by traderstrades > 2020-03-20 10:56 | Report Abuse

bad

Posted by Xoxo Gossip Girl > 2020-03-20 13:29 | Report Abuse

boommmmmmmm

Posted by Foker > 2020-03-21 14:21 | Report Abuse

I m very worried that the lockdown and prolonged disruption to business operations, especially small business, will cause alot of bad debts.

Can anyone here tell me if Aeoncr receivables mostly governemmt servants? If so, the impact will be minimal

Posted by Xoxo Gossip Girl > 2020-03-23 12:09 | Report Abuse

booooooooooooooooommmmmmmmmmmmmmmmmmmmmmm

Posted by traderstrades > 2020-03-23 17:50 | Report Abuse

phui

Posted by ochai > 2020-03-23 19:36 | Report Abuse

government servants have their own government loans... no need aeoncrdt mah.. bad debts pile up!!!

Posted by ochai > 2020-03-23 19:37 | Report Abuse

kababoommmmm

Posted by Choivo Capital > 2020-03-23 19:48 | Report Abuse

Yeap


===
Icon8888 Can go very very Low if bad debts explode
19/03/2020 9:22 PM

Posted by traderstrades > 2020-03-25 12:40 | Report Abuse

bad

Posted by Batista World Champion > 2020-03-25 15:30 | Report Abuse

boom

Posted by traderstrades > 2020-03-26 13:06 | Report Abuse

0

Posted by Foker > 2020-03-28 03:31 | Report Abuse

I would like to remind investors that Aeoncr survived 2008 crisis.

Posted by Foker > 2020-03-28 03:32 | Report Abuse

Aeon debtors owe very small amounts, they can always pay back. Unlike mortgage loans, which are huge sums.

Posted by Foker > 2020-03-28 03:32 | Report Abuse

In fact, Aeoncr doubled its profit during the 2008 financial crisis

Posted by Foker > 2020-03-28 03:34 | Report Abuse

People will always travel, always purchase items for their lifestyle. Unlike mortgage loans, consumables will not go down ib demand, houses will.

Posted by Foker > 2020-03-28 03:35 | Report Abuse

Aeoncr has very good management and they are extremely prudent, they are owned by one of the biggest financial companies in Japan. This is a fantastic opportunity to buy Aeoncr.

Posted by Foker > 2020-03-28 03:35 | Report Abuse

Show faith in Aeoncr, their track record was astounding.

Posted by Foker > 2020-03-28 03:37 | Report Abuse

Their quarterly and yearly profits never declined, not even once. It is only the accountjng changes due to MFRS 9, that they recorded lower profits these 3 quarters. Even analysts claims that this MfRS is too prudent for Aeon.

Posted by Foker > 2020-03-28 03:37 | Report Abuse

Now it is still so low while other counters have rebound, i will go in soon

Posted by jason007 > 2020-03-30 12:53 | Report Abuse

Foker , may be shouldn't argue with them , some said great depression, some may say end of the world wahhhaha.. that might be true but because of them make every one panic selling. but I am not sure will repeat like 1920 great depression ? if it will, better option is spend more time with their family better than their money. again comparing bank to this counter ? wahahaha... loan stop for 6 month .. + in this 6 month I would said that will not have any housing loan given (WHO want to buy house at this moment) so comparing Aeoncr to Bank ? who have more issue ? whose cash flow more troble ? what expenses did Aeoncr have compare to bank ? I am not accountant or any insider but some time investor can simple use command sense to judge in next 9 months whose account will have more issue ? don;t forgot you and me now can go withdraw money from bank , because you may keep a lot of cash.. we talking about whole malaysia, but did Credit company keeping your money ?

Posted by johnbrooks > 2020-03-30 23:56 | Report Abuse

jason, if economy falls into recession (which is likely) and the govt does not come up with a good stimulus plan to help business stay afloat, a lot of people will lose their job (if not already).

In time of crisis people will chose which obligation to pay first. If you were to chose between your house, your car or your credit card loan, most people would likely pay their house and car loan first. Credit card (and personal loan) will be the last given that it's unsecured. Worst that could happen is it will hit your credit rating.

If people start defaulting on their credit card obligation, the company has to classify that as bad debt which will hit on your P&L and balance sheet. Future cash flow will also be affected.

Posted by calvintaneng > 2020-03-31 14:43 | Report Abuse

Johnbrooks correct

People like 3iii is blind and dumb

Posted by Foker > 2020-04-01 12:51 | Report Abuse

It has a very high loan loss coverage. It can handle mass defaults as one time off.

Posted by liegelord > 2020-04-01 12:59 | Report Abuse

low volume

Posted by Foker > 2020-04-03 19:32 | Report Abuse

Sell sell sell.

Posted by Jerry Yip > 2020-04-09 09:33 | Report Abuse

buy

Posted by SilverHawk > 2020-04-09 18:41 | Report Abuse

Not so bad QR. But on covid 19 effect, boss also said unpredictable ...
First accident, MFRS 9, second accident Covid 19 。。。

Posted by remus > 2020-04-09 23:38 | Report Abuse

dividend drop 40% from 22.35c to 14c ..... :(

Posted by SilverHawk > 2020-04-10 10:32 | Report Abuse

Market price in future earning very effectively this time. Tough years for coming two years. The only loss for my portfolio for this 2 years. Big dent.

Posted by James Ng > 2020-04-11 10:29 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-04-11-story-h1505924282.jsp
[转贴] [AEON CREDIT SERVICE (M) BHD：当前季度的总交易和融资量与去年同期相比增长了17.5％至16.46亿令吉] - James的股票投资James Share Investing

Posted by TP_yes_SL_no > 2020-04-11 11:14 | Report Abuse

seems difficult how it will fare in this low interest rate environment

Posted by shareprofit > 2020-04-17 09:54 | Report Abuse

not bad for aeoncr...unlike bank, credit charge intrest charges 12-18%..more will overdue and pay in installment in crisis..lower intrest rate meaning lower cost of borrowing for aeoncr...hidden gem!

Posted by Hahaqwe > 2020-04-17 20:50 | Report Abuse

same goes to RCECAP, lower interest rate = lower cost of borrowing. Maybe national bank will cut interest rate again this year. You can see RCECAP qr since last qr, interest rate cut. Profit go up by 20%. And now interest rate cut 2 times already, even go for the third times.

Posted by zhangliang > 2020-04-19 16:13 | Report Abuse

Hahaqwe is right, i like RCE. I think same 4 Aeoncr, can do well. Don’t think the analyst report is fair

Posted by MJ Lee > 2020-04-20 00:26 | Report Abuse

gg

Posted by Jerry Yip > 2020-04-21 10:06 | Report Abuse

buy

Posted by ahteck85 > 2020-04-24 15:33 | Report Abuse

This is a gg counter

Posted by mf > 2020-04-28 17:57 | Report Abuse

Businesses allowed to operate during MCO can go full capacity tomorrow

Posted by Kpin Yeoh > 2020-05-05 09:32 | Report Abuse

Yesterday news a lot of ppl flocked to Pajak shop to loan money, same thing will happen to AeonCr. They will have more revenue and profit grow in the near future.

Posted by shareprofit > 2020-05-05 22:40 | Report Abuse

RCE is not a bad stock but lousy price trend and following amongst investors, aeoncr provide good growth story...diff is now stock price is back to few yrs ago but growth is powering ahead...easily 30% stock price increase by end of the year

Posted by Jerry Yip > 2020-05-06 00:07 | Report Abuse

buy

Posted by RedEagle > 2020-05-06 18:47 | Report Abuse

The Board of Directors of MBSB has recommended a Single-Tier Final Dividend of 3.0 sen net per Ordinary Share for the financial year ended 31 December 2019 ("Proposed Dividend").

Based on the total number of ordinary shares issued of 6,713,401,615 as at 31 December 2019, the Proposed Dividend payable would be approximately RM201.4 million.

The Board of Directors has determined that the option to reinvest via the Dividend Reinvestment Plan ("DRP") shall apply to the entire portion of the Proposed Dividend. The approval for the Proposed Dividend will be sought at the coming Annual General Meeting.

Under DRP, shareholders will have the following options in respect of the electable portion:-

(a) elect to exercise the option and thereby reinvest the entire electable portion (or a part thereof) at the issue price of the new MBSB shares ("DRP Price") and to receive cash for the remaining portion of the dividend (in the event that only part of the electable portion is reinvested); or

(b) elect not to exercise the option to reinvest and thereby receive their entire dividend entitlement wholly in cash.

There will be no brokerage fees and other related transaction costs payable by shareholders on the new MBSB shares allotted pursuant to the DRP.

The Books Closure date in respect of the Proposed Dividend will be announced after the Annual General Meeting.

This announcement is dated 6 May 2020.