Watch out when you buying AEON shares. Their sales budget has been reduced multiple times to achieve their sales target. All new stores opened after late 2000 has not achieved its potential. New store target has been postponed to next year due to market situation. Current management don't have the ability to arrest the situation and not creative enough. They still depend to old concept of promotion day to barely stay alive. More updates follows...
ntdevil,, I bought few lots at 3.50 last year. This share does not seem to move. I feel like exiting at a loss. Appreciate your advise whether its worth keep this share long term
Profit very less in their retail segment. Their main core business is Property management. Means they built mall and rent to Tenant is their main competency. Maybe future they have their REIT share.
they expanding but retail segment keep deteriorating and keep relying on property segment as growth catalyst...what happen when tenancies going out in this short to mid term time due to number one factor that can bring down Aeon that proven had bring down Parkson...
There is cycle in every business. They have so many years in retail segment and property management segment and prove that they are capable to handle tough situation. They have past through various cycle in their many years of business. So less worry.
Which business now is no competition and no cycle? Everyone buy share that link with US dollar strength company and one day rigggit will back to normal and then everyone is start worry again. Right?
You must consider macro economics condition plus cyclic factor because those economics factor can help by 2 ways
1.lowering you desirable stock price company by creating financials instability to the macro & micro economics of the country thus effecting the company financial.
2.increasing the price of your stock by due the performance of company financial due to financial gains creating by those cycle & economic condition or at least creating a perception to investor,punters,traders,gamblers & other -ers out there to buy your holding
If you buy Aeon at RM3.50 using all your savings then suddenly drop to RM1.40 u have no bullet can you average down?...since Aeon DY currently at 1.7% (RM2.80 price) which is below then CA acc interest personally this stock is not interesting combine with volatility in our economic foundation plus the AEON RETAIL trend that shows a DOWNTREND which make Aeon only replying on its PROPERTY division...
I would like you to looks at Parkson Berhad financial report, for your information i also had been buying Aeon & sold the share...
Remember Aeon is categorized as Consumer stock this stock category is categorized as STABIL BUSINESS thus its growth is not interesting...remember that in order to invest in stabil Bussiness dividend yield shooul at least 5% ....so if Aeon maintain DPS RM0.05 then the PRICE WOULD BE????
Last year around Nov or Dec I already sound the alarm that foreign investors pulling out and aeon is overvalued trading at P/E above 20 ....patience's and not emotion will ensure this golden opportunity don't pass you by
If you look after 2pm there is so many q buy at RM2.80 although momentum of seller at that price also coming in blink of eyes..its like being plan or negotiated...like someone/fund were force to take those seller...and then suddenly price drop until RM2.71..
Budget 2016 will coming ways....government will come out with good plan for consumer related products and this will helps company like AEON to get more sales and profits...
This Counter I'm really positive..it will grow year by year..year end sale coming..buy now b4 too late..all institution keep buying..above today price.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ntdevil
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Posted by ntdevil > 2015-08-27 15:40 | Report Abuse
Watch out when you buying AEON shares. Their sales budget has been reduced multiple times to achieve their sales target. All new stores opened after late 2000 has not achieved its potential. New store target has been postponed to next year due to market situation. Current management don't have the ability to arrest the situation and not creative enough. They still depend to old concept of promotion day to barely stay alive. More updates follows...