Originally I wanted to write an article titled <<During the pandemic.......>>,
however I wasn't able to write down anything after squeezing my brain to the fullest.
THUS,
I decided to just write about the latest quarter financial report of AEONCR which was released few days ago.
First,
let's look at the financial result:
The revenue grew but so did the interest expense,
thus the quarter profit was only slightly better than the 4th quarter last year.
Good news is that the NPL ratio dropped from 2.04% to 1.92%:
The ratio of total operating expense against revenue also dropped from 62.3% to 60.4%:
The funding cost increased accordingly to the growth of receivables.
The impact of COVID-19 pandemic also being mentioned:
Basically only the self-service terminals,
online application and online payment still functioning now.
Prospects for current year:
Lastly,
the final dividend:
Only 14.00 sen per share,
less than the 22.35 sen per share last year....
Well,
atleast the company still willing to distribute dividend~
That's all for the important points of latest financial report,
if you feel like something is lacking,
feel free to go to BURSA website to download and read it.
The shares price of AEONCR dropped from RM14.14 until now below RM9,
the main reason of my negative return currently.
Is it worthy to invest at AEONCR now?
I DON'T KNOW.
The current pandemic is huge and causing a lot of damages to the economic,
which no one had ever experienced before,
so is hard to predict what will happen next.
At first,
I predicted that it will just be like SARS last time,
it won't affect more than millions people.
At the end?
My SARS experience resulted a punch on my face.
Anyway,
investment is very personal,
and you should think by yourself,
make your own decision.
Well,
if you want to follow the advice from some so called investment master also can.
Some investment masters said that the market will drop more,
some said will rise,
some said the situation still unclear thus only a small fluctuation on the shares price.
The three outcomes listed above,
one of it will definitely come true.
Since there are so many investment masters out there,
your chance of following an advice correctly is 1/3 ~~~
Thanks for reading.
I don't provide any buying/selling suggestion above,
please make your own investment decision and be responsible with it.
Recent articles :
My investment return for 1st quarter 2020
TOPGLOV latest quarter financial report
AEON latest quarter financial report
My investment return for year 2019
ALLIANZ latest annual report & quarter report
Other links:
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