More u doubt.. more it will rise.. More u hope.. more it will fall.. More EPF buy does'nt means it will up.. More EPF sell does'nt means it will down..
Top picks: Recent loosening of MCO restrictions (interstate travel no longer being banned, no limit on the number of diners per table etc.) bodes well for retail players going into next year.
As such, we raise our Aeon PE multiple from 12.0x to 19.0x (pegged to 2-year average), which lifts our TP from RM0.79 to RM1.25 pegged to FY21 earnings. Our call is upgraded to a BUY from HOLD previously.
With valuations of retail players currently depressed and poised for better earnings in 2021, our top picks in the consumer sector are retail stalwarts FocusP (BUY: TP: RM1.02) and Aeon (BUY, TP: RM1.25).
Aeon (BUY, TP: RM1.25)
Source: Hong Leong Investment Bank Research - 18 Dec 2020
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....
awieze
685 posts
Posted by awieze > 2020-12-11 14:19 | Report Abuse
hope today is not cheatday, long rally until at the end of trading..