Buying this stock is literally guaranteed return in 2022 haha. In a bear market, hot money always rotate into financials especially the mid cap banks and lending companies. For Bursa, there aren't a lot of options for small and mid cap financials.
KLSE is incredibly dull. Every single day, there is like 0 buyers. Some days, the entire volume comes from me only. All the hot money and institutions are dead? Or are they all shorting retail favourites? Broken
05-Jan-2022 Insider ABRDN PLC (FORMERLY KNOWN AS STANDARD LIFE ABERDEEN PLC) (a substantial shareholder) acquired 26,100 shares on 03-Jan-2022. 05-Jan-2022 Insider ABERDEEN ASSET MANAGEMENT PLC (a substantial shareholder) acquired 26,100 shares on 03-Jan-2022. 04-Jan-2022 Insider ABERDEEN ASSET MANAGEMENT PLC (a substantial shareholder) acquired 11,200 shares on 31-Dec-2021. 04-Jan-2022 Insider ABRDN PLC (FORMERLY KNOWN AS STANDARD LIFE ABERDEEN PLC) (a substantial shareholder) acquired 11,200 shares on 31-Dec-2021.
I seriously don't know about Simply Wall Street's calculation model but if we look at it through a traditional perspective, Aeon Credit is still quite undervalued la based on the PE ratio.
Ya, its debt quite high, that's why it has a high PB ratio. As long it still can manage its debt well, I say why not? You can just ignore PB ratio if you are adventurous.
For PEG ratio, I think AEONCR is already quite optimized, that's why it isn't supposed to be a high growth company and has a low PEG ratio. So, you shouldn't bother about if you are just looking for a stable company with good dividends.
Aiya, supersinginvestor. Most importantly is for you to buy shares that suit your style. Your remisier is obviously a more careful type, so don't blame him too much la..
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....
wallstreetrookie
9,784 posts
Posted by wallstreetrookie > 2021-12-20 15:00 | Report Abuse
Buy the dump.