Aeon is expanding aggressively on new stores nationwide. They really cash hungry now. I opine that its still too high to go in with higher risk factor.
Expanding aggressively??? If true, why sell a mall in Cheras or somewhere there? Anyway, any company managed by .. never had a good run in Malaysia history.
Aeon keep on expanding and will affect profits. Hope after years by years, consumer sentiments get better and after they expanding, profit will increase a lot soon.
"Eric Fong Aeon keep on expanding and will affect profits. Hope after years by years, consumer sentiments get better and after they expanding, profit will increase a lot soon."
Expand where? Outer space? Mall businesses will be hit when people start shopping online (actually it started). Expect shops in malls to close down and retail rent to drop like rock.
On line buying has One problem need people at home to collect the good, Aeon Giant we need them to buy in large volume during CNY, Raya etc. Remember Malaysian love free air conditioning it is getting hotter .
Online shopping is risky as the product may not be genuine. Even they claim is genuine, pun worry juga...warranty claim is the problem. I did heard some buyer buy Milo...when Milo come..in open pack...so will you send back again to claim it? or u just consume it?
That's where the role of the online platform comes in. for example, Lazada needs to manage its vendors and they do provide guarantee. i bought a vacuum on lazada, when the good comes, missing parts, just complain to
Lazada, then you can get full refund. so i bought from another vendor. that's y we have Lazada, 11street, mudah etc. they are supposed to protect buyers like us.
Revenue close to 1 million but net profit 8K only..puiii? Almost monopoly retail business, close eye can make profit oso cannot manage. Doing business or donation using public money?
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thek
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Posted by thek > 2017-07-02 21:47 | Report Abuse
Aeon is expanding aggressively on new stores nationwide. They really cash hungry now. I opine that its still too high to go in with higher risk factor.