Posted by i3lurker > 2020-07-14 23:13 |

Post removed.Why?

Posted by i3lurker > 2020-07-14 23:27 |

Post removed.Why?

Posted by Stockiss > 2020-07-15 05:51 | Report Abuse

Posted by i3lurker > Jul 14, 2020 11:27 PM : You are absolutely right, don't just judge base on the crowd, look how full is their trolley. Most are there for window shopping and to enjoy free air-con.

Online major shopping portal like Shopee and Lazada offer convenient direct shipment from China with free shipping or heavily subsidized, cutting thru all the intermediary costs.

Posted by Victor Yong > 2020-07-15 06:19 | Report Abuse

Anyway, be confident, EPF dumped AirAsia shares but continue to accumulate aeon shares. In addition, more than 85%+ of aeon shareholders were institutional funds like EPF, etc.

Posted by Good123 > 2020-07-15 08:01 | Report Abuse

Among services, those from the information/communications and retailers sectors were optimistic about business conditions, while the others were not. - Reuters

Posted by Good123 > 2020-07-15 08:02 | Report Abuse

The Dow Jones Industrial Average rose 2.13%, the S

Posted by Good123 > 2020-07-15 08:02 | Report Abuse

(July 15): U.S. and Asian equity futures climbed Wednesday amid optimism that progress is being made in developing a defence against the coronavirus. The dollar retreated.

S

Posted by Victor Yong > 2020-07-15 09:10 | Report Abuse

Moving towards RM1 semula

Posted by Good123 > 2020-07-15 09:29 | Report Abuse

hoping EPF and Japanese funds will sapu aeon shares more n more ,:)

Posted by Good123 > 2020-07-15 09:30 | Report Abuse

aeon Japan inc's share price had recovered from its lowest price, now msia aeon just play catch up

Posted by Good123 > 2020-07-15 11:10 | Report Abuse

good, bring it to Malaysia asap

Aeon, Japan's biggest retailer with 430 locations, will partner with Alibaba-backed technology company DeepBlue Technology to develop unmanned convenience stores in China, where a handprint lets users access the kiosk-like store and pay for purchases

Posted by Good123 > 2020-07-15 11:11 | Report Abuse

innovative. Aeon will form a joint venture with Shanghai-based DeepBlue Technology, a startup that counts Jack Ma's Alibaba as an investor and has developed a model for an unmanned convenience store called TakeGo. Users register a hand print, which lets them access the kiosk-like store and pay for purchases.

The Japanese group operates about 430 supermarkets, convenience stores and other locations in China. Its latest move seeks to counter Amazon.com and other big names that are experimenting with high-tech store formats.

Posted by Good123 > 2020-07-15 11:15 | Report Abuse

aeon Japan Inc share price has recovered a lot. aeon msia will play catch up :)


KEY DATA

OPEN¥2,458

DAY RANGE2,447 - 2,474

52 WEEK RANGE1,794 - 2,587

MARKET CAP¥2.07T

SHARES OUTSTANDINGN/A

PUBLIC FLOAT563.27M

Posted by Good123 > 2020-07-15 14:18 | Report Abuse

share price to rebound like aeon Japan Inc? :)

Posted by Good123 > 2020-07-15 14:21 | Report Abuse

time for aeon msia BHD to play catch with parent co share price

Posted by Gala Kat > 2020-07-15 16:34 | Report Abuse

DickyMe 50 sen coming soon
14/07/2020 2:53 PM

What do you think this is... a mad or poorly managed company which gives out dividends?

Posted by Jeffreyteck > 2020-07-15 18:58 | Report Abuse

Loans above 1 billion with cash less than 25 million. How good can it be? Unless trading push, LT -ve amidst intense competition from 99, etc and high overhead relatively.

Posted by Good123 > 2020-07-16 09:41 | Report Abuse

nothing to do with aeon msia BHD, not subsidiary or associated company 

Aeon Subag Jaya

KUALA LUMPUR: Aeon Big (M) Sdn Bhd’s store in Subang Jaya will continue to operate as usual after it obtained a stay of execution of judgement against Mega Continental Sdn Bhd’s legal action.

In a statement, it said the Alor Setar High Court had stayed the execution of the judgement in default dated June 9,2020.

“The hearing to set aside the judgement in default for the sum of RM142mil made against the company earlier has been fixed to Aug 6,2020, ” it said.

To recap, Aeon Big obtained the High Court declaration from the Penang High Court on Nov 8,2019 to declare the agreement signed between Aeon Big and Mega Continental in Aeon Big’s favour.

Posted by i3lurker > 2020-07-16 10:54 |

Post removed.Why?

Posted by ankahill > 2020-07-16 15:21 | Report Abuse

Macam mahu tutup kedai sudah!!??

Posted by padi33 > 2020-07-16 15:28 | Report Abuse

91 sen now

Posted by supper888 > 2020-07-16 15:32 | Report Abuse

will go PN17 company ????????

Posted by BigPro > 2020-07-16 16:07 | Report Abuse

EFP will continously accumulate ...

Posted by edwardkhong2020 > 2020-07-16 16:14 | Report Abuse

how come drop so much

Posted by Dividendlover > 2020-07-16 16:43 | Report Abuse

Because everyone thought aeon big belongs to Aeon M BHD. And actually it’s not.

Japan’s AEON Co Ltd owns 51% of Bursa-listed AEON Co and 95.49% of AEON Big.

The remaining 4.51% in AEON Big is held by AEON South East Asia Sdn Bhd.

Posted by Good123 > 2020-07-16 20:18 | Report Abuse

this article from HL affected the price today probably :(

KUALA LUMPUR (July 16): Hong Leong Investment Bank (HLIB) Research has reiterated its ‘underweight’ call on the consumer sector and said it expects the sector to report weak earnings in the second half of 2020 (2H20) while adjusting to the ‘new normal’.

HLIB Research analyst Gan Huan Wen expects retailers such as Aeon Co (M) Bhd with a ‘sell’ rating and target price of 86 sen, Focus Point Holdings Bhd (‘hold’, TP: 43 sen) and F

Posted by i3lurker > 2020-07-16 23:50 | Report Abuse

everybody already know about shareholdings structure no need vomit out dirt so often

look at the people names

You want Buffett or Madoff as your Director?

Posted by Dividendlover > Jul 16, 2020 4:43 PM | Report Abuse

Because everyone thought aeon big belongs to Aeon M BHD. And actually it’s not.

Japan’s AEON Co Ltd owns 51% of Bursa-listed AEON Co and 95.49% of AEON Big.

The remaining 4.51% in AEON Big is held by AEON South East Asia Sdn Bhd.

Posted by Jeffreyteck > 2020-07-17 08:52 | Report Abuse

After trading around 1.20 for quite some times, finally around 0.90. LT negative amidst excessive borrowing and intensified competition. The onlynly thesis is epf is averaging down, this may give some hopes. Good luck.

Posted by i3lurker > 2020-07-17 10:40 |

Post removed.Why?

Posted by i3lurker > 2020-07-17 10:53 | Report Abuse

This is a very simple counter

80 to 85 sen Close 2 eyes just buy

85.5 to 90 sen Close 1 eye just buy

90.5 to 95 sen Open 2 eyes, look and buy carefully

1.10 to 1.20 must take profit, just to be careful or you will miss the profit boat.

Posted by DickyMe > 2020-07-17 11:19 |

Post removed.Why?

Posted by i3lurker > 2020-07-17 11:28 | Report Abuse

Yes thats the main strategy

prices are cheap, then the people buy on credit and Aeon Credit gets the interest income.

still there is a core requirement for people to buy
otherwise Aeon Credit will not get any profits.
Also Aeon Credit can pay commission to Aeon. That's is quite normal.

Just like you buy a car, take Hire Purchase Loan and the Bank pays the car dealer a commission.

Posted by Dividendlover > 2020-07-17 11:44 | Report Abuse

Fundamental of Aeon is not that bad. Of the 28 stores in Malaysia, half of it are fully owned (the land and the building), another 10 are leased, and another 4, they own the building rent the land. Since 2015, the big borrowings was because they wanted to refurbish its existing malls and complete its new shopping mall. Start from 2019, they adopt new reporting standard that the rent expense is being capitalised instead of simply recognised as lease expenditure in income statement. That’s why we see a huge figure in lease liabilities, the present value of future lease payments and the right of use of assets, it’s a pair. As a hypermarket, net profit margin 2-3% is normal, Aeon is in the range, they need high volume and less margin. And obviously it has dropped from 2.7% to 0.6%. which business not being affected by pandemic other than gloves and healthcare sector though? In Malaysia, I agree Shopee and Lazada both have gained more market shares but sometimes you still would need to go Aeon for some necessities, fresh fruits and veggies etc. So far for middle class still go Aeon for grocery shopping, the targeted customer of Jaya Grocer, Aeon, Giant and NSK are totally different. Just the occupancy of its retail and its management need to be observed down the road.

Posted by DickyMe > 2020-07-17 13:47 | Report Abuse

Future value can be negative too. Why it is shown as high instead of low? This is debatable figure. It also opens door for discrepancy in reporting if the actual value is lower.

Bullshit accounting.

Posted by Good123 > 2020-07-18 09:44 | Report Abuse

although aeon big has nothing to do with aeon msia bhd but the word aeon has affected sentiment probably

Posted by Good123 > 2020-07-18 09:45 | Report Abuse

with the recent negative news eg high unemployment rate, bank made less due to bad debts, etc. people are more careful with spending

Posted by Good123 > 2020-07-18 09:46 | Report Abuse

disposal income is stagnant among malaysians generally speaking also affected retailing industry

Posted by raymondlct126 > 2020-07-18 18:11 | Report Abuse

https://www.theedgemarkets.com/article/aeon-co-md-and-deputy-md-take-helm-aeon-big

Posted by Good123 > 2020-07-19 09:29 | Report Abuse

expects its operating environment to remain challenging amid competition and the Covid-19 pandemic.

moving forward, the performance of the group will depend on business revival and consumer sentiment in the group's retailing regions. The group should continue to exercise caution in managing its overall business given various uncertainties at the macro level.

Posted by lambsauce > 2020-07-19 18:49 | Report Abuse

If you are free, you can go to AEON malls to have a look, especially those in suburban areas

Just look at how much is its average occupancy rate, and do remember that property segment is its main source of profit

Increasing in supermarket (retail) sales is as good as nothing, as that segment only contributes very thin profits, and be reminded that manufacturers (Nestle, P&G, Unilever, etc.) are selling their own goods online by themselves with everyday low prices to further suppress retailers profitability

Even before the virus hit, MY mall space is already beyond oversupplied, now imagine how long it is gonna take to recover and stomach the supply

In near term, PE 15 is still expensive for this counter, PE 12 to 13 seems fairer

Brace your self for the ugliness of upcoming 2Q report, as AEON reported that it waived rentals for its tenants

Posted by Good123 > 2020-07-19 21:54 | Report Abuse

epf has not buying too. maybe, for medium or long term. :)

Posted by Good123 > 2020-07-20 10:11 | Report Abuse

accumulate, debt is high,Malaysia more than 30over malls,not easily bankrupt la...pass thru over 1997 hongkong storm,SARS,H1N1 and now covid19 alll those company pass thru this type of sickness are very stable ..

Posted by Victor Yong > 2020-07-20 10:13 | Report Abuse

Good price !

Date Close
17/07/2020 0.91
16/07/2020 0.915
15/07/2020 0.97
14/07/2020 1.00
13/07/2020 1.01
10/07/2020 1.01
09/07/2020 1.00
08/07/2020 1.00
07/07/2020 1.01
06/07/2020 1.01
03/07/2020 1.01
02/07/2020 1.00
01/07/2020 1.00
30/06/2020 1.01
29/06/2020 1.01
26/06/2020 0.995
25/06/2020 1.01
24/06/2020 1.01

Posted by Good123 > 2020-07-20 10:27 | Report Abuse

ÆON Group or AEON Group (イオングループ, Ion Gurūpu) is a group of retail and financial services companies based in Chiba, Japan, which is centered on ÆON Co., Ltd. It has sister companies in Mainland China, Hong Kong, Indonesia, Thailand and Malaysia, and also trades under the JUSCO name. It claims to be Japan's largest retail group in terms of sales,[1] but is actually ranked as the second largest Japanese retailer by sales, behind Seven

Posted by Good123 > 2020-07-20 10:28 | Report Abuse

aeon is also a financial services company. :) cash rich

Posted by Good123 > 2020-07-20 10:29 | Report Abuse

parent co in Japan won't let its empire fails :)

Posted by Good123 > 2020-07-20 10:45 | Report Abuse

Japanese bi planning is more longer than others. just be calm and cool. during MCO, share price tumbled but aeon rebounded quickly to above rm1. at current price, the same thing will happen, :)

Posted by Good123 > 2020-07-20 10:46 | Report Abuse

Japanese biz planning is much longer

Posted by Good123 > 2020-07-20 10:47 | Report Abuse

aeon Japan Inc in Japan is like ah long in Japan .APA mau takut :)

Posted by sheldon > 2020-07-20 12:21 | Report Abuse

lambsauce - you're right. The main revenue is from rentals. Margins from sales are negligible. But could you clarify if the supermarket vegetables and meat are mainly Aeon's and not 3rd parties, hence the margin is the main source.

There's in excess of RM700m in the form of inventories - I hope the management can reduce this & free up some cash flow?

Dividendlover - you're also right that the new accounting treatment brings a lot of operational leases onto the balance sheet. Despite not including this in the gearing computation, the gearing ratio is skyhigh.