New article again. I am going to write relentlessly for the entire summer because practice make perfect.
AEON信貸財務（00900.HK）－粗淺分析
https://lihkg.com/thread/677155/page/1?ref=web
- 分享自 LIHKG 討論區
This company has nothing special actually, except that it has a very stable and rewarding dividend policy. My argument is that AEON credit may be able to boost its profit or card usage by more advertising, but given its lack of competitive advantage, I dont think in the long-run it is able to capture any more market share than it currently has. Yet, maintaining the current dividend policy should not be a big deal, so entry should be reasonably profitable when the price is low enough and right,