petracot was right about

AEONCR above $8.00 by 31-Dec-2012

  • target price: $8.00 ( 6.67 % in 302 days)
  • price when predicted: $7.50
  • current price: $13.96
  • 1812 days pass target date.
  • Exceeded $8.00 on 23-Apr-2012
  • Highest Price $13.72 on 05-Nov-2012
Aeon Credit has just hit RM7.52 yesterday. Another potential area of strong growth is Credit Card. Currently, the company has issued around 150,000 cards and the segment has just broken even.

The company also manages the royalty card called J-card for the sister company Jusco. Last year, Aeon Credit launched two-in-one Visa-cum-Jcard for the convenience of Jusco customers.

Jusco has something like 1 million J-card holders throughout Malaysia. Each of these card holder is a potential candidate to be a holder of two-in-one Aeon Credit Visa card. Overtime, many of these J-card holders may just opt to convert whatever cards they have to Aeon Credit two-in-one Visa card, for convenience and easy keeping.
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