免責聲明:

免責聲明:本網誌純屬個人文章, 所有評論全是表達個人意見, 絕對不應視作為投資見議. 本人同時不能保證文章內容的確實性. 讀者必須自行判斷和研究. 至於讀者的一切投資決定, 不論成敗得失. 一概與本人無關.

2019年12月30日星期一

財經日誌

恆生指數收報28,319升93點, 成交額767億元, 全日波幅253點.
經營消費信貸的AEON(900)公佈截止本年9月底的首三季業績, 收入少了0.5%, 但股束溢利卻減少16%. Aeon是一間往績甚隹的內部消費信貸公司, 業績亦如此 況且預計前景也不會好到那處. 而政府統計處今日發表的對外商品貿易統計數字顯示, 今年11月份本港整體出口和進口貨值均錄得按年跌幅,分別下跌1.4%和5.8%. 看來只會愈來愈差, 香港內耗何時完就只有天曉得.

4 則留言:

  1. 純利下跌主因是多了使用權折舊及呆帳撥備率上升,如果按基本業務睇,其收入及淨利息收入持平,其實表現不俗,維持派息金額沒難度。

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    1. 謝提點,但呆帳撥備率上升,足反影大圍經濟不妙,而Aeon是好公司,溢利減少實非戰之罪.

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  2. Billy Sir,

    I have 900.HK.

    900.HK's "quarterly" net profits compare with 2018 are as follows:

    Mar~May $1.068 (decreased by 10.25%)
    Jun~Aug $0.836*(decreased by 25.36%)
    Sep~Nov $0.885 (decreased by 13.66%)

    * which included an exceptional loss of ($0.15) on ATM skimming fraud.

    Besides, its 9-months revenue was only dropped by 0.5%! ... This implies that its "low class credits cards" businesses are quite stable even at hard times.

    One significant factor affecting 900.HK's net profit was "an increase of HK$36.8 million in impairment losses and impairment allowances" in this 9-months. Luckily, these "precautionary measures had been taken in the third quarter to prevent the potential deterioration in asset quality" as stated in its 9-months report.

    Some financial data:

    9-months EPS = @HK$0.67/share
    NAV at 30Nov2019 = @HK$7.77/share

    My conclusion:~ 900.HK is a "healthy" stock and total yearly dividends @HK$0.44/share is without doubt!

    I expect its market price may go up a little in tomorrow.

    Good night & luck !

    ^_^

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    1. BTW, 107.HK(=601107.SH) is undervalued c.f. stocks of same field.

      ^_^

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