Confirm wont become like parkson la. Different business model also. Aeon is like Reits + retail. Parkson is purely retail. Aeon is definitely more stable than parkson.
Yes AEON is more like REIT. But looking at its performance, isn't it better to stick to the retail REIT like IGBREIT, PAVREIT, CMMT that paid more than 5% dividend yield. AEON only pay around 2% DY and its profit are subjected to tax. Retail business is highly disruptive from e-commerce with razor thin margin.
Yes i agree with shpg22. Aeon has the growing potential, but a purely Reits company hardly able to grow. The ecommerce wise, it only accounts for 5% of physical retail, n now we observed that the item price in mall can almost be the same as online alrdy. N mall also transforming by selling items online too. I believe the effect of ecommerce might be capped. Thats why we see alibaba started to invest in physical mall call hema, amazon also got their own store now.
I believe should be a strong Q4. Look at Q3 hari raya revenue also grow 100m more already. GST abolishment effect shud be reflected in Q418 and Q119. This year annual profit sure better than FY18
if like this sooner or later aberdeen not going to be substantial shareholder anymore, then which new company will emerge as new substantial shareholder??? wooooaaaahhhhh
Foreign investors already know pirate tactics. Invite them to invest then once they are comfortable, pirates begin their extortion with all kinds of demand. Investors have no choice because already committed. Those willing to accept risk will selloff.
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Scavenger23
294 posts
Posted by Scavenger23 > 2019-01-10 18:21 | Report Abuse
hope 1.8 above before cny