Stock Name: AEONCR
Company Name: AEON CREDIT SERVICE (M) BHD
Research House: OSK
OSK Investment Research is maintaining a "Buy" call on AEON Credit with a target price of RM4.35 as it expects a stronger second-half in the financial year ending Feb 20, 2011.
AEON Credit operates a micro-financing business in Malaysia which provides easy payment schemes, personal financing and credit card facilities.
It recently announced a pre-tax profit of RM19.816 million for the quarter ended August 20, 2010, an increase of 8.99 per cent when compared with the corresponding quarter in the previous year.
As at 3.09pm, AEON Credit was traded at RM3.90, up eight sen from yesterday's close. - Bernama
Company Name: AEON CREDIT SERVICE (M) BHD
Research House: OSK
OSK Investment Research is maintaining a "Buy" call on AEON Credit with a target price of RM4.35 as it expects a stronger second-half in the financial year ending Feb 20, 2011.
AEON Credit operates a micro-financing business in Malaysia which provides easy payment schemes, personal financing and credit card facilities.
It recently announced a pre-tax profit of RM19.816 million for the quarter ended August 20, 2010, an increase of 8.99 per cent when compared with the corresponding quarter in the previous year.
As at 3.09pm, AEON Credit was traded at RM3.90, up eight sen from yesterday's close. - Bernama
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