Friday, December 10, 2010

AEONCR - It just a dividend dield counter ?

AEON - Jaya Jusco

Like to do shopping at AEON (Jusco)? Have you ever checked the interest rate charged by AEONCR for Jusco installment scheme ? Go and check by yourself then you will find why I like AEONCR. Based on AEON track records, if an investor invested 1000 shares AEON in year 2000, now he should have 4000 shares of AEON and with decent dividend every year for the past 10 years.

AEONCR:
1. Dividend - 23 cts to 25 cts ( DY of 6% ) and still on upward trend.
2. Potential bonus issue 91:1) candidate which will help to push up the share price to RM4.20-4.50 before ex-bonus.Follow by attracting more investor to look into this counter and further push up the share price from 2.10 (ex-price) to probably 2.50.

If you invested at 1000 @ 3.70 level and hopefully sell at 2000 @ 2.50 = 35% potential gain.

Hope the above scenario come true within 1 year from now. Good Luck !

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