Its seem that AEON glorious day is no more...sooner or later they will join another retail players like METROJAYA,THE STORE & PARKSON single digit growth worse even negative growth Last time METROJAYA,THE STORE & PARKSON were kill by they traditional biz(no visible growth plan) now AEON were kill by technology(online or e-shoping like Lazada,Zalora,11street etc) ,people now adays come AEON only for makan2,window shopping or watch movies(which save a little AEON through their REITs) Another factor is oversupply of retail space in big2 city imaging how AEON compete with those player(little margin of course) When the days are come,those low P/E,high ROE,high DY & ECONOMIC MOAT were only legend to be told from investor to their grandchildren
Mitsubishi already out @31/1/2017 because already knew that Aeon has no exponantial/arithmatic growth. Aeon had shown sigmoid pattern whereby its in peak/saturate cycle before eventually die/rebirth.
Padini and Parkson results came out super good. Now its time for Aeon! Aeon-ch warrant looks cheap. Can take advantage on lower absolute price compared to mother. Any ideas?
@homey Parkson's Q2 results were so good because they completed the disposal of a subsidiary in China. That disposal recorded a Gain on Disposal of RM802m. In terms of operations, they made a loss of RM45.895m. Hopefully AEON's QR will look better than its peers.
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....
Eric Fong
1,196 posts
Posted by Eric Fong > 2016-11-05 11:15 | Report Abuse
U can found that all constitution investors keep buying at around RM2.80 recently.