No Bro, i think this is the only shares that are align & will be benefited by government policy. Furthermore, you can feel this business compare to hibiscs sendai all these other stocks. Consumer Spending stock is still less risky.
Abeerdeen is urgent in selling off the shares & epf think this shares has its value after changing of government, especially from now on give new government another 3 years time, when the economy start recovering. we shall see the profits to be reflected on AEON. if not u think EPF so much money go buy for fun?
I had downgrade AEON to 1.82 when it was traded around 2.4x.
shpg22 Price has overtake its valuation since surging in late Feb. It is overpriced now despite the latest improved revenue & earning. Fair price is 1.82 @ forward P/E of 25x. 24/05/2018 22:10
YKLIEW be patient, I believe a strong rebound will come soon. 1.6 is highly unlikely will be touched. Dont forget the price up from around 1.6 and that was with previous government + GST. now change new government + people benefit policy. give him an extra 20cents at the value of 1.80 exactly like what shpg22 said. I think this is the best price to absorb the shares.
Ehhh...sorry Holdingking, my earlier target price of 1.82 is based on FY18 Q1 result. If consider Q2, I ll have to revised it downward to 1.65 @ P/E of 25x
moving up from 1.68... number of analyst recommend to buy recently as q3 & q4 result mostly good for them...with d Kuching outlet opening & Nilai outlet opening early 2019
We reiterate our NEUTRAL rating on the consumer sector. The Consumer Sentiment Index tracked by MIER achieved a 21-year high of 132.9 pts during 2Q18. This was possibly backed by the change in government with more consumer-centric and corruption impeding agendas being pushed forward. Consumer stocks continued to hold firmly against our benchmark FBMKLCI Index. Going forward, while 3QCY18 results are expected to be boosted by the “tax holiday” spending, subsequent quarters may ease comparatively due to higher SST-led prices. Our key stock highlight for 4QCY18 sector is AEON (OP; TP: RM2.60).
I wonder why Nestle Malaysia share price in market has been traded within the range RM140.00 to less than RM150.oo over the last 6 to 8 months without crossing RM 150.00. Is this an indication of an upcoming offer of a bonus offer? I do not expect an answer from the Company since this is a complex situation.What about any answer from any research house or The First Person of Singapore. A.David
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....
YKLIEW
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Posted by YKLIEW > 2018-09-20 12:43 | Report Abuse
Aberdeen keeps selling in open market pushing down the price. Why can't they negotiate block sales?