Monday, September 26, 2016

Company Update � AEON Credit (BUY, maintain)


Top Calls

Company Update AEON Credit (BUY, maintain)

- Still robust, an alternative stock to the banks

We maintain our BUY rating and raise our PT to RM16.60 (9x CY17E PER) from RM14.50. We favour AEONCS as an alternative stock to the banking sector due to robust ROE generation (>20%) on the back of healthy receivables growth with no compromise on asset quality.



For important disclosures, please refer to the Disclosure section at the end of the individual linked research reports.

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