AEON CO. (M) BHD

KLSE (MYR): AEON (6599)

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Last Price

1.43

Today's Change

-0.03 (2.05%)

Day's Change

1.43 - 1.45

Trading Volume

269,300

Financial

Hints :
Click the QoQ or YoY on table to view the QoQ or YoY Financial Result page.

Date
Financial Result
Financial Ratio
Per Share Item
Performance
Valuation (End of Quarter)
Valuation (Ann. Date)
Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.

NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ & YoY figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.

Discussions
11 people like this. Showing 50 of 4,071 comments

dragon328

Thanks Goldberg for the TA report.

TA analyst forecast EPS to reach 13 sen by 2026 and dividend payout of 7.0 sen for FY2026. I see that AEON's strong operating cashflows will be more than enough to support the dividend payout of 7 sen.

TA forecasts that AEON operating cashflows to be RM530 million in FY2025, minus out expected capex of RM250m, free cashflows may top RM280 million or 20 sen per share, easily supporting dividend payouts of 10 sen of more as AEON will become a net cash company by 2025.

2024-05-19 17:04

dragon328

@Rambutan9, below is the reply from Bursa on my complaint:

Dear Sir/Madam,

 

Thank you for your e-mail.

 

The Exchange closely monitors trading activities in counters traded in the marketplace. Our real-time monitoring and surveillance of the marketplace include (but are not limited to) analysis and examination into all trading activities influencing the price, volume and/or order-book positions of securities which will provide basis to establish irregularities/suspicious trading activities.

 

The Exchange will initiate the necessary action including market surveillance measures to ensure fair and orderly trading and/or referrals to the Securities Commissions should there any breach to the Business Rules and/or the CMSA 2007.

 

In the event of dispute, you are advised to seek clarification from your broker or refer the matter to SIDREC for arbitration.   

 

Thank you

Have a good day!

Our Ref : CAS-33081-R8N1D8

2024-05-19 17:05

dragon328

It was a general reply from Bursa, and I do not expect them to tell us exactly what they will do. I am hoping for Bursa to take stern action against CIMB in this case, unless there are more complaints filed against CIMB in the coming days.

I hope those of you who have bought AEON-C28 can make a complaint to Bursa as well tomorrow if CIMB continues to generate computer orders at a significant discount to the fair value of the call warrant.

2024-05-19 17:07

Raymond Tiruchelvam

@Goldberg and @dragon328 .... how about AEON Credit? Are you guys covering this counter as well, and does it approximate the performance of AEON? But I realise AEON Cr is very thinly traded.... cannot go for big volumes.... your kind advice will be great.... :) peace

2024-05-19 17:18

Goldberg

Hi @Raymond Tiruchelvam , Im unable to answer your question but I thought this article may catch your interest.


AEON Bank (M) Bhd.
--------------------
To start Islamic digital operations soon.

KUALA LUMPUR: AEON Bank (M) Bhd, one of the five digital banking licence holders in Malaysia, is set to start operations and launch its banking application by the end of the second quarter this year, says chief executive officer Raja Teh Maimunah Raja Abdul Aziz.

Malaysia’s first Islamic digital bank aims to attract mainly tech-savvy and Generation Z consumers as well as micro, small and medium enterprises (MSMEs) currently underserved due to their size, she said.

The bank will kick-start its operations by offering savings accounts and related transactions for individuals.

“We will (next) launch a minimal viable product, and as we progress, additional products and financing options will follow,” she told Bernama.

To ensure its application is user-friendly and can be accepted by consumers from all walks of life, AEON Bank has done its beta testing among the group’s employees, said Raja Teh Maimunah.

“Digitalisation is the way forward. More people have learned to use online banking (and) we should continue to push it, and at the same time, reduce the hard cash transaction,” she said.

As for the business segment, Raja Teh Maimunah said it will be launched by 2025.

AEON Bank aims to tap into the RM90bil funding gap between large corporations and micro, small and medium enterprises, she added.

“These could be businesses like TikTok or Instagram shops. That is our target segment and it aligns with our role in serving the underserved, which is our mandate.

“These businesses cannot access funding through traditional banks or borrowing methods as credit evaluation needs to be done differently.

“We have to look at different data sources, (the task) of which only a digital platform can do. So, by next year, we will address this gap,” she added.

The bank is working on implementing the Apple Pay feature, which is a digital payment system by Apple Inc, and plans to launch a debit card by the end of this year, according to Raja Teh Maimunah

https://www.thestar.com.my/business/business-news/2024/04/22/aeon-bank...

2024-05-19 17:36

Raymond Tiruchelvam

Cheers @Goldberg ...thanks for the info. In the last Q they recorded small operating loss from the digital banking olerations about RM14m, I guess its still in the start-up stage.

But the last Q, AEONCR announced a 22.32c EPS (annual EPS of 119c), of which if 22.32c annualised at current price of 7.18 thats PER of 8x only !!! Huge potential cor increase considering 13 analyst price target of 11.70 ? hmmm... and this year div is 42.5c.... thats 6% yield..... am i getting this right?

2024-05-19 18:04

Goldberg

@Raymond if you're into high yielding divvy stock, look no further -RHB Bank offers one of the best DY at 7.2% and high scope for cap appreciation- is high currently trading a book value 7.10 VS current MP of RM5.50. Fyi RHB is controlled by EPF -rock solid.

2024-05-19 19:27

Raymond Tiruchelvam

thx @Goldberg yup rock solid indeed.... cheers

2024-05-19 20:06

dragon328

Ya it doesn't look like Bursa has taken any action against CIMB. C28 is still trading at a big discount.

2024-05-20 12:24

dragon328

Anyone here can just send an email to bursa2u@bursamalaysia.com to file a complaint.

When more people do so, it is more likely for Bursa to take some action against CIMB.

2024-05-20 12:27

hong

Goldberg AEON is shopping mall
AEON BANK is not under this AEON shopping

2024-05-20 12:30

hong

AEON BANK is digital bank under AEON CREDIT
AEON CREDIT will change name soon to AEON BANK

2024-05-20 12:31

Goldberg

Thanks @hong for the information.

2024-05-20 12:36

klee

aiyo cimb hor sim maaaa,mahu give chance to those who miss the boat...lol

2024-05-20 13:12

klee

dragon ,give chance la hehe

2024-05-20 13:14

klee

makan cukup..

2024-05-23 10:17

goldenhope

Anyone join AGM today ? Any updates from the management ?

2024-05-23 14:58

Jesse1314

Hi people, can I know if there are any interesting developments for this counter?

2024-07-19 11:21

dragon328

Post removed.Why?

2024-07-31 17:41

dragon328

Post removed.Why?

2024-07-31 17:44

dragon328

HLIB issued the technical buy call on AEON on Tuesday morning when the share price was at RM1.38, those who followed the call would have made some money as the share price went up to a high of RM1.48 yesterday before profit taking set in.

2024-08-01 09:16

dragon328

Instead it was Maybank and RHB who issued late a technical buy call yesterday morning when the share price was at RM1.43, and they may have caused some of their clients losing money. That's the fact. Removing my posts will not conceal it.

2024-08-01 09:17

dragon328

The outlook for AEON is good and the technical chart looks good. But I do not know the reason for the share price rally from RM1.10 to 1.50, I know what you know, I don't know too much.

2024-08-01 11:13

sunnyspoon

Something brewing, total value property asset Rm 10 billion

2024-08-01 23:06

dragon328

New high of RM1.51! So good...

2024-08-20 10:22

aizzatt

when latest qr will be announce? any date?

2024-08-21 10:55

fruitcake

RUN

2024-08-30 09:05

fruitcake

due for correction

2024-09-02 09:15

vinvin

Any good news friends?

2024-09-24 15:47

dragon328

AEON is boosted up today with the huge buying into 99 Speed Mart, along with MR DIY.

AEON remains one of the cheapest retails stocks in Bursa with forward PER of just 12.9x, falling to 10x in 2025.

In comparison, 99 Speed Mart is trading at 33x forward PER and MRDIY at 26x forward PER.

2024-09-24 17:22

klee

how to compare aeon with 99speedmart?
at close today,99speedy is ady among top 30 in terms of mkt cap on bursa
this coming dec,it will definitely be admitted as component stock

2024-09-24 18:16

dragon328

I don't think 99speedmart will be included as a KLCI component stock so soon.

99speedmart is just a retails company with large network of small retails outlets, even with some 2500 outlets, its revenue is just about double of AEON's revenue. AEON has 28 shopping malls and 35 supermarket outlets. The retails margin of 99speedmart is also razor thin at less than 5%, similar to AEON's level for its retailing segment. In terms of bottom line, 99speedmart's current PBT is about double of that of AEON inline with the topline.

In terms of EBITDA, both companies are on the same level, as higher depreciation charges drag down the pretax profit of AEON. But once AEON injects its shopping malls into a REIT, the depreciation line will disappear and AEON's PBT will increase by RM450m to over RM600 million, higher than 99speedmart.

2024-09-24 20:22

dragon328

To me, 99speedmart is overpriced at 34.9x FY2024 PER and 33x FY2025 PER for a growth of ~20% y-on-y. AEON has higher growth of over 20% in profits in FY2025.

As 99speedmart is newly listed, it is hotly traded. That reminds me of the earlier MyNews.com which had about 1,000 outlets when listed and analysts mostly projected high growth, but it all turned out to be just smoke.

When KK Mart gets listed later, investors will have a choice and simple comparison will erode any premium that 99speedmart may have now.

2024-09-24 20:25

dragon328

99speedmart may have liquidity premium as funds can buy in big quantities and it is convenient for foreign funds to park their hot money for a few weeks. But over time, reality kicks in and everything will be down to fundamentals and valuation.

Just look at MyNews and MRDIY. MyNews suffered some years of losses and share price has fallen to a penny stock. MRDIY shot up to skyhigh valuation of over 40x PER upon listing but has since come down to ground with a more reasonable PER of 20-26x.

2024-09-24 20:30

dragon328

AEON will have the liquidity once it declares bonus issues, and it will have sufficient retained earnings to declare 1-for-1 bonus by June 2025.

2024-09-24 20:33

klee

whatever you say,aeon rose today cos of the spillover effect of speedy99
to you,aeon may be miss universe of retail,but to funds ,they have different idea n they buy the ideology of speedy99's Lee
on bursa,performance speaks,the rest is not important

2024-09-24 20:55

dragon328

time will tell. It will fall back to below 30x PER once the initial hype is over

2024-09-25 10:16

DickyMe

80 sen coming rapidly!

2 months ago

Michael Kwok

Aeon co 1.50
The longer it not below 1.45,the more bullish it.
I rank it 1.60 range.tht it.
My advice no more penny stock below 12 cents.expect more capital consolidate in year 2025.
3/10/24 12.20pm
3/10/24 12.20pm

2 months ago

klee

dragon ctrs only ytlp performed,the rest zzzzzz

2 months ago

dragon328

Superb closing!!

2 months ago

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2 months ago

dragon328

Good Q3 result from AEON. It is on track to report record profit for FY2024 as the current Q4 quarter is seasonally the stronger one.

MIBB raised price target for AEON to RM1.95.

1 month ago

mesoan

why aeon co is performing so poorly compared to aeon credit?

6 days ago

old boy

yesterday azrb announce court case won against aeon but aeon share price up, means strong momentum
?

5 days ago

dragon328

But EPF has been selling AEON aggressively in past few weeks for no obvious reason.

EPF's stake in AEON has reduced by half from 13% last year to just 6% now.

Perhaps EPF has lost patience with the management of AEON and its efforts to grow the company earnings.

4 days ago

tarkus2048

typical epf changing their hands lah...

4 days ago

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