Posted by Robert123 > 2014-01-08 19:27 | Report Abuse

Wait for entry signal , will watch closely....The game still on....

Posted by live4cash > 2014-01-08 19:55 | Report Abuse

Robert123, what's the signal like?

Posted by Robert123 > 2014-01-08 23:02 | Report Abuse

When the time come , the chart will tell

Posted by Robert123 > 2014-01-08 23:07 | Report Abuse

Same as Aeon , price is drifting downward with low volume ,both will be the stock to watch for reversal.....

Posted by lsv1977final > 2014-01-09 11:27 | Report Abuse

I think I replied yesterday but when I checked this morning, perhaps the email did not go through.
 
Anyway, we did sell some Aeon Credit Service Bhd shares along with many other stocks in our portfolio. This is part of routine cash-raising to meet redemptions of our  Singapore-registered unit trust.
Aeon Credit remains a core part of our model portfolio.

Posted by lsv1977final > 2014-01-09 11:27 | Report Abuse

Email replied from Aberdeen CEO

Posted by eftee > 2014-01-09 11:37 | Report Abuse

When I looked back at chart the price down for Jan-Feb period. Anyone who has been tracking can tell why?

Posted by Tang Michael > 2014-01-09 11:43 | Report Abuse

Small cap stock with big dividen.........why wait????????

Posted by Kevin Gibb > 2014-01-09 11:59 | Report Abuse

eftee, the stock price was down until RM10.40 at the end of Jan 2013. The price started to pick up from early Feb until the history high of RM18.80 after GE13. The price down was solely due to the selling down of shares by Aberdeen as part of their portfolio management ( or routine cash-raising to meet redemptions of our Singapore-registered unit trust ? ). As long as Aberdeen stop selling, the price is expected to be up all the way.

Posted by eftee > 2014-01-10 14:46 | Report Abuse

So hang on and accumulate when down. No contra

Posted by Investor > 2014-01-10 15:12 | Report Abuse

Your target price to go in eftee

Posted by eftee > 2014-01-10 17:56 | Report Abuse

already in. To go in more

Posted by jonatlau79 > 2014-01-12 14:32 | Report Abuse

Still in Down Trend ...

Posted by eftee > 2014-01-13 10:03 | Report Abuse

I will pick up more to average

Posted by tommy826 > 2014-01-13 10:26 | Report Abuse

who can predict this stock will up stream or down stream by end of day?

Posted by eftee > 2014-01-13 15:28 | Report Abuse

It shows they are still selling

Posted by steven57nkw > 2014-01-13 15:29 | Report Abuse

I had to pick up to average my price . . . What is happening to this stock ????. .

Posted by eftee > 2014-01-13 15:37 | Report Abuse

guess they are selling and then buy back

Posted by Investor > 2014-01-13 16:17 | Report Abuse

by selling then buy back can they earn profit from it. ????????????????????/////

Posted by eftee > 2014-01-13 18:27 | Report Abuse

There is a way but I don't know how. My remisier says but still don't know how to do it.

Posted by hl110684 > 2014-01-14 14:15 | Report Abuse

It is about the CAR concern as Bank Negara has warned they have almost hit the CAR ceiling. Google it if you are not sure about CAR.

Posted by hl110684 > 2014-01-14 14:17 | Report Abuse

It is a good company to invest (strong EPS and ROE) for past year records.. But my worry is on CAR.

Posted by lsv1977final > 2014-01-14 21:10 | Report Abuse

Don't think too much, and confuse yourself. There is only 1 reason: Aberdeen selling to paid dividend to clients.

Posted by calvintaneng > 2014-01-15 07:57 | Report Abuse

Isv1977final,

Yes. You are spot on. Aberdeen has been selling down Aeon Credit for many months now. Foreign funds are selling expensive Malaysia (P/E 17) and buying Korea, Taiwan & China (P/E 12).

Blue Chips In Malaysia Which Have Run Up A Lot in Year 2013 Will Face Persistent Headwinds in Year 2014.

As such it is safer to sell Aeon Credit and switch to laggards with potential for Year 2014. These Are The Stocks Which You May Consider:

1) PM Corp (Cash Rich & Defensive Chocolate Business)
2) MUI Berhad (Asset Rich - Will Benefit from VISIT MALAYSIA YEAR 2014)
3) SILK Holdings ( Bright prospects in Petronas contracts & Defensive Toll Roads)
4) RCECAP (The Only Legalised Ah Long. In Bad Times people throng pawn shops & Ah Long)
5) OPCOM (CASH RICH, HIGH DIVIDEND, DEBT FREE & RM43 Mil New Contract from TM)

Best Regards,

Calvin Tan from PM Corp & MUI Berhad forums.

Posted by HowWouldISay > 2014-01-15 08:14 | Report Abuse

hl110684, the CAR issue has been resolved. Please see kevin gibb's comment on 5 Dec 2013.

Posted by calvintaneng > 2014-01-15 08:14 | Report Abuse

One more thing,

The Share Market if efficient in predicting real market movement 6 months ahead of time -- future downtrend of Real Business Activities Down The Road.

We paid a sight visit to AEON Bukit Indah in ISKANDAR during a Sunday. Car Parks were filled to overflowing & the place is jam packed with people. The surprising thing is - no real buying - many are doing "window shopping".

Times are getting bad due to rising prices of electricity, petrol, sugar, gst, assessment rates & toll rates. So people are holding tight their purse and purchase only the essential and basic necessities and barest minimum.

More genuine buyers are going to Tesco & Giant Hypermarkets for cheaper stuff with less frills.

Posted by i3investor700 > 2014-01-15 10:27 | Report Abuse

What is CAR?

Posted by bluebird > 2014-01-15 11:30 | Report Abuse

6 months ahead....any guideline why it need to be 6 months ahead?

Posted by live4cash > 2014-01-15 17:31 | Report Abuse

calvin, dont mistaken Aeoncr as Aeon.

Posted by goldisgold > 2014-01-15 23:59 | Report Abuse

CAR = Capital Adequacy Ratio

Posted by speakup > 2014-01-16 07:40 | Report Abuse

buy when others are fearful!

Posted by hkwlau > 2014-01-16 13:14 | Report Abuse

I have just got confirmation from Aberdeen that they are not the party doing the desperate selling at the moment. So it is some other shareholder dumping for whatever reason

Posted by fatty_tang > 2014-01-16 13:20 | Report Abuse

aeon and aeoncr are related. people will use the aeon credit cards to spend in aeon

Posted by Michael Puah > 2014-01-16 14:57 | Report Abuse

down trend expected to continue.. already told you guys few weeks ago.. sell while prices still above RM 14... look... the downtrend is because of the following:

1. people start to realise that there is lack of growth for AEONCR
2. Market is already saturated
3. PE ratio is quick high for this company when the growth is limited
4. Dividend yield is only at 2.xx %. People would rather invest in safe heaven shares like reit which generate about 6-8% dividend yield.
5. No potential avenue identified by management for business expansion

While.. prices should continue to go downwards... fair value for this share is about RM 9.50 based on 10x PE ratio of forward 2014 earnings.

Posted by HowWouldISay > 2014-01-16 16:26 | Report Abuse

this is not affecting the AEONCR business at all. I would take it as a good chance to enter the market. Thanks a lot for the batch selling. I would stick to the fair value at RM20.00 for this stock. Now the price appears to be very attractive.

Posted by Kevin Gibb > 2014-01-16 17:39 | Report Abuse

what an attractive stock price for my 2014 accumulation. do not miss this chance to accumulate. I have whacked some today and more on early next week. what a blessed chance. this is going to be my darling stock for 2014.

Posted by lsv1977final > 2014-01-16 17:52 | Report Abuse

Yes. Buying interest coming back now. So lucky able to grab some just now.

Posted by calvintaneng > 2014-01-17 11:30 |

Post removed.Why?

Posted by lsv1977final > 2014-01-17 12:03 | Report Abuse

I have been following RCECAP since last 2 years. Last year, it facing political issue, bank negara blocked 1 of it main agent from borrowing out money anymore. Since then it share dropped sharply, and not moving since then. Advice from me, don't go into political issue share.

Posted by calvintaneng > 2014-01-17 12:41 | Report Abuse

Isv1977final,

Yes you are correct. RCE Cap price was impacted like what you say.

That's why RCECap is Not A BUBBLE LIKE SO MANY OTHERS.

Since RCE Cap Is SO UNDERVALUE - COMPANY KEEPS BUYING AND BUYING BACK ITS SHARES

WHILE ABERDEEN & AEONCREDIT BOSSES KEEP ON SELLING AND SELLING TO CASH OUT AEONCREDIT HIGHLY INFLATED SHARES.

Posted by calvintaneng > 2014-01-18 12:06 | Report Abuse

Dato' Abdullah, Dato' Ramli & Clarence Chai are throwing like nobody's business.
Ambrose of Aberdeen also throwing continuously. Don't fight against the onslaught of torrential selling.

If fundamental good. .

Why ALL INSIDERS SELLING? Warren Buffet like Directors share buy back. Definitely not selling & selling! If FACT WARREN BUFFET HOLDS GOOD SHARES FOR FOREVER.

GO AND BUY SILK HOLDINGS BERHAD. YOU CAN HOLD IT FOR THE NEXT 20 YEARS AND SEE SPECTACULAR GROWTH.

SEE MY 10 ANNIVERSARY CELEBRATION IN BUYING UMW ON UMW FORUM SITE.
BOUGHT AT RM2.4O IN YEAR 2004. NOW 2014 UMW IS A BLUE CHIP AT RM11.76

INCLUSIVE OF YEARLY DIVIDENDS THE COMPOUNDED GROWTH IS 45% PER ANNUM FOR 10 SHORT YEARS!

Posted by calvintaneng > 2014-01-18 20:08 | Report Abuse

Michael Puah,

Good analysis on AEON Credit. We need more people like you to point out dangers. Actually AEON Credit Business Is Deteriorating by the day. Just watch the hard pressed consumers struggling even to pay rent and put food on the table.

AEONCredit has only RM3.50 in NTA. That is the Price AEONCredit Might Fall Towards.

SO SELL ALL YOUR AEONCREDIT FIRST THING MONDAY MORNING ON OPENING BELL!

HE WHO FIGHTS AND RUN AWAY WILL LIVE TO FIGHT ANOTHER DAY.

Posted by HowWouldISay > 2014-01-20 08:17 | Report Abuse

Good.
Kevin Gibb Let me add to PJTrader's remarks. Well, we can say Public Bank also achieved comparable growth in its earlier years, but its net profit growth now has slowed to about 13% due to its sheer size. Lets see Google which have listing 9 years ago without paying any dividend, its share price had skyrocketed from $85 to $1011 today, creating many millionaires within its shareholders. Remember "growth way outweigh dividend income". So I would personally encourage investors to participate in AEONCR’s sustainable growth now! I hardly find a stock like AEONCR that have such whooping financial results. Any fundamentalist could easily support this stock.
31/10/2013 14:48

Kevin Gibb pputeh, Rm20.00 at the end of 2013 is achievable. It's target price deserved to be revised higher.
31/10/2013 14:49

pputeh Kevin I was just commenting as a bit surprised. Bought a bit of this stock in Nov 2010 for 3.80. Received Bonus last year 1:5. Still holding. Glad I am. Only regret did not sell out at rm18+ beginning this year. Could have bought back at rm15+. Anyway that the game.You win some u lose some. I hope our dreams of rm20.20 come true.
Wonder if Co. will distribute Bonus to enlarge capital base soon.
31/10/2013 15:19

Kevin Gibb pputeh, you have it at RM3.80 and believed it was before the 10:1 split. Good price. I think the reason why AEONCR do not give dividend this time is because of the CAR ( Capital adequacy ration ) issue, in which they wish to keep the capital as the CAR ratio is now below the Bank Negara's rule of 16%. Remember "growth way outweigh dividend income". I would say RM12.20 is achievable by end of this year if there is no unforeseen circumstances occurs.
31/10/2013 15:54

Kevin Gibb The uptrend of AEONCR is not affected and you may observe the stock chart has achieved higher high and higher low for the past one year. The next high will be around RM20.20 ( above the previous high of around RM18.60 )
31/10/2013 15:57

Kevin Gibb Good news on AEONCR. AEON Credit Service (M) Berhad (the “Company”) has announced that it has obtained authorisation from the Securities Commission Malaysia on 29 October 2013 for the proposed issuance of unrated subordinated perpetual notes (“Perpetual Notes”) pursuant to a proposed perpetual private debt securities programme of up to RM400.0 million in nominal value (“Perpetual Private Debt Securities Programme”). This is a great great news. See http://www.bursamalaysia.com/market/listed-companies/company-announcements/1448021
31/10/2013 16:29
20/01/2014 08:15

Posted by HowWouldISay > 2014-01-20 08:17 | Report Abuse

okasanboleh Kevin Gibb 老王在800元時買進股王「紅茶店」，隨後一路享受飆漲到1300元的快感。不過之後股價卻暴跌，而在此過程中老王一直不死心，覺得利空是暫時的，越跌要越加碼，最後「紅茶店」跌到只剩100多元，每張股票賠60幾萬….

阿美在26元時買進「豐姨」，之後股價一路震盪下跌，最慘時跌到16元。但阿美覺得利空是暫時的，越跌要越加碼，最後平均成本約在20元左右。在股價落底後，因為業績與景氣轉好，「豐姨」股價又一路回到33元，阿美大賺65%！

看到這裡，大家可能會疑惑，一樣是相信「利空是暫時的」，並且採取「越跌要越加碼」這個動作，為什麼老王慘賠，阿美卻賺錢？
難道投資股票跟賭博沒兩樣，輸贏都只能靠運氣嗎？

問題在哪裡 你發現了嗎？

See http://www.cmoney.tw/notes/note-detail.aspx?cid=22814&nid=7942 for the entire story.
AEONCR is just fit to the 2nd case ( 阿美 case ), which is a fundamentally strong stock and no doubt is seriously undervalue.
03/01/2014 10:55
20/01/2014 08:11
okasanboleh HowWouldISay this is not affecting the AEONCR business at all. I would take it as a good chance to enter the market. Thanks a lot for the batch selling. I would stick to the fair value at RM20.00 for this stock. Now the price appears to be very attractive.
16/01/2014 16:26

Kevin Gibb what an attractive stock price for my 2014 accumulation. do not miss this chance to accumulate. I have whacked some today and more on early next week. what a blessed chance. this is going to be my darling stock for 2014.
16/01/2014 17:39
20/01/2014 08:12

Posted by HowWouldISay > 2014-01-20 08:18 | Report Abuse

okasanboleh faberlicious Year 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Revenue


467127 344269 269610 248408 186919 151797 116043 69119 43574 31345

PAT

134126 95607 63429 54275 48757 33394 19702 13506 8206 4026

EPS 102.84 *73.3 52.86 45.23 40.63 32.6 25 19.1 12.43 6.1

GDPS 35.5 30.00 19.88 16.88 15.08 12.84 6.84 5.33 0 0

ROE 34.82 30.7 23.82 23.27 24.5 26.72 38.35 30.6 23.6 23.37

AeonCr 10 years track record- EXCELLENT
20/01/2014 08:09

Posted by faberlicious > 2014-01-20 11:02 | Report Abuse

Ha,finally rebounded. :)

Posted by winwin > 2014-01-20 11:12 | Report Abuse

the volume less than 50% of last trading day.not buy signal yet.

Posted by tommy826 > 2014-01-20 11:47 | Report Abuse

haiz, already trap inside since last week...hopefully can rebounded to 14.00 today...

Posted by lsv1977final > 2014-01-21 07:58 | Report Abuse

Aeoncr, Aeoncr ong mali

Posted by calvintaneng > 2014-01-21 08:26 | Report Abuse

Trend is still in selling mode from Ambrose of Aberdeen. See continual selling by Aberdeen on Bursa filings? You see past earning records do not guarantee future performance.

The signs of deteriorating fundamentals of a company can only be discerned by the wisest investors. Those who "SEE AHEAD" will take money off the table first. Only the foolish & foolhardy dare to venture further.

Your best strategy is to get out on rebound. Stay safe.

AEON CREDIT Is A Cyclical Stock. The Cycle of uptrend is now in reversal. You can't fight it.