Posted by sunnyspoon > 2022-04-11 11:36 | Report Abuse

Target Rm 2.00

Posted by faridfet > 2022-04-12 11:56 | Report Abuse

Good news for retail sector like AEON stock:

MALAYSIA WHOLESALE & RETAIL TRADE SALE UP 8.5% TO RM117.2 BILLION IN FEB 2022

Malaysia’s wholesale and retail trade sales increased by 8.5 per cent year-on-year (y-o-y) to RM117.2 billion in February 2022, according to the Department of Statistics Malaysia (DOSM). In a statement today, chief statistician Datuk Seri Dr Mohd Uzir Mahidin attributed the better performance to the retail trade sub-sector which increased by 10.2 per cent or RM4.5 billion to RM48.8 billion.

https://www.thestar.com.my/business/business-news/2022/04/11/malaysia039s-wholesale-retail-trade-sale-up-85-to-rm1172bil-in-feb-2022

Posted by sunnyspoon > 2022-04-12 14:06 | Report Abuse

For sure Aeon will increase double profit, buy dont miss the boat

Posted by lambsauce > 2022-04-12 14:47 | Report Abuse

new CEO worked 1y+ , already disposing his shares at RM1.60

Posted by sunnyspoon > 2022-04-12 15:27 | Report Abuse

Change to a better new CEO

Posted by sunnyspoon > 2022-04-12 16:04 | Report Abuse

Good support

Posted by faridfet > 2022-04-13 11:42 | Report Abuse

Not the issue Mr Lambsauce. Even the CEO disposing some of his shares. Let he reward a bit of his hardwork. Look at the share price since within 1 year 5 months:

1. 2 Nov 2020 - around rm0.60
2. 6 Apr 2022 - around rm1.65

The stock has rose to 150% under his leadership from date that i mention. So as long the company is on the right track, company profit margin is good, company keep growing. So no need to worry much.

Posted by faridfet > 2022-04-13 13:03 | Report Abuse

News 13 April 2022:
SERC sees Malaysia’s services sector recovery continuing.

The Socio-Economic Research Centre (SERC) says services sector such as wholesale, retail sector, entertainment, food & beverage will regain the strongest growth.

Its executive director Lee Heng Guie said in a virtual briefing the growth this year will be underpinned largely by a sustained rebound in domestic demand, especially private consumption and public spending.

According to Lee, domestic demand will anchor the recovery in 2022. While he revised higher his private consumption growth estimate to 6.5% in 2022 from 5.9% previously.

”While we reckon that pent-up demand, cash handouts and the fourth round of Employees Provident Fund (EPF) withdrawals will support consumer spending,”he said.

He said the services sector will regain the strongest growth, which is estimated at 6.1% in 2022 (1.9% in 2021), mainly due to the revival of domestic demand and the anticipated rebound of tourism and related services sectors, thanks to the reopening of international borders.

general sentiment on economy for AEON sector is nice....

Posted by wallstreetrookie > 2022-04-13 14:40 | Report Abuse

Good job @faridfet
I am in

Posted by wallstreetrookie > 2022-04-13 14:41 | Report Abuse

I should've bought a lot earlier

Posted by sunnyspoon > 2022-04-13 20:12 | Report Abuse

Should go above Rm 2.00 soon

Posted by sunnyspoon > 2022-04-16 08:48 | Report Abuse

Target price by MIDF RM 1.74

Posted by faridfet > 2022-04-18 10:35 | Report Abuse

EPF will begin disbursing payments for the RM10,000 special withdrawal on Monday (April 18) instead of Wednesday (April 20) as originally scheduled, says Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

https://www.thestar.com.my/news/nation/2022/04/17/epf-to-begin-disbursing-rm10000-special-withdrawal-on-april-18-not-april-20-says-tengku-zafrul

brace yourself for Aeon Co my friend :)

Posted by sunnyspoon > 2022-04-18 12:36 | Report Abuse

Kaya, Hari Raya shopping

Posted by Angelramirez683 > 2022-04-18 16:50 | Report Abuse

Selamat hari raya, we also angpao.

Posted by Angelramirez683 > 2022-04-18 16:50 | Report Abuse

But after raya

Posted by faridfet > 2022-04-20 14:54 | Report Abuse

yes the angpao is after raya because now we collecting the unrealised profit first hehe. AEON shares rose steadily, gradually bit by bit :)

Posted by sunnyspoon > 2022-04-20 15:54 | Report Abuse

Keep buying

Posted by wallstreetrookie > 2022-04-20 21:37 | Report Abuse

Okay

Posted by faridfet > 2022-04-20 21:56 | Report Abuse

Great wallstreetrookie

Posted by sunnyspoon > 2022-04-22 21:29 | Report Abuse

Keep buying will break Rm 1.80 soon

Posted by faridfet > 2022-04-24 14:33 | Report Abuse

https://www.facebook.com/aeonretail.my/posts/7745080422176234 haha

Posted by faridfet > 2022-04-24 14:34 | Report Abuse

people mood now is spend, spend, spend hehe

Posted by sunnyspoon > 2022-04-24 16:00 | Report Abuse

Monday buy some more

Posted by sunnyspoon > 2022-04-24 19:44 | Report Abuse

All Aeon shopping pack Raya shopping, spend, spend, spend, 1st quarter profit double, sure

Posted by Angelramirez683 > 2022-04-25 13:35 | Report Abuse

Let’s assume that almost all applicants withdraw RM10,000 and therefore 40% of the RM40 billion will be equivalent to RM16 billion to be spent on the goods and services, which is around 1% of the annual Malaysian GDP.
https://themalaysianreserve.com/2022/04/25/economy-to-feel-impact-from-epfs-special-withdrawal/

Posted by sunnyspoon > 2022-04-25 19:09 | Report Abuse

Hope this year Aeon will give bonus.

Posted by faridfet > 2022-04-25 19:47 | Report Abuse

correct Mr Sunnyspoon and Mr Angelramirez683. confirm bonus one my friend. piak piak piak

Posted by sunnyspoon > 2022-04-27 09:56 | Report Abuse

Above Rm 2.00 soon

Posted by Angelramirez683 > 2022-04-27 13:37 | Report Abuse

piak piak piak .... Aeon, the real prosperity angpao.

Posted by Angelramirez683 > 2022-04-27 13:37 | Report Abuse

Go go go... 2.00 Gogo

Posted by abgbeca > 2022-04-27 16:34 | Report Abuse

EPF keep dispose but price maintain above 1.6. wil go high soon

Posted by faridfet > 2022-04-27 17:15 | Report Abuse

Haha good one Angelramirez683

Posted by sunnyspoon > 2022-04-30 20:31 | Report Abuse

Buy, buy, buy hope giving bonus this year

Posted by SmallCapAsia > 2022-05-04 14:41 | Report Abuse

Congrats to Malaysia's Digital Bank winners!

Some of the winners are renowned regional players in Southeast Asia and we have done a quick dive into 5 companies here: https://www.smallcapasia.com/heres-a-quick-look-at-5-malaysia-digital-banking-winners/

Posted by sunnyspoon > 2022-05-06 15:41 | Report Abuse

Buy now before going above Rm 2.00

Posted by wallstreetrookie > 2022-05-06 22:39 | Report Abuse

Aeon Mall Plans $268 million Mall in Dong Nai

Posted by wallstreetrookie > 2022-05-06 22:39 | Report Abuse

RM3.00 in no time

Posted by Angelramirez683 > 2022-05-07 16:53 | Report Abuse

Still need to see it after this quarter

Posted by sunnyspoon > 2022-05-08 08:44 | Report Abuse

Sure double profit coming result

Posted by DickyMe > 2022-05-08 11:16 |

Post removed.Why?

Posted by sunnyspoon > 2022-05-09 09:15 | Report Abuse

Collect more

Posted by Gold_Ticker > 2022-05-11 15:13 | Report Abuse

<Attention>: Fake upwarding

Posted by sunnyspoon > 2022-05-12 14:25 | Report Abuse

All the way Rm 2.00

Posted by faridfet > 2022-05-12 15:39 | Report Abuse

kaw kaw

Posted by StartOfTheBull > 2022-05-13 15:07 | Report Abuse

With Bank Negara interest rate hike announcement, consumers will have less money in the pocket after paying car and housing loans. Another 0.75 interest rate hike is in the card by next year. Big share price drop is expected after ex dividend.

Posted by sunnyspoon > 2022-05-13 16:59 | Report Abuse

No worry those who cry for milk government will give cash to spend, election is coming

Posted by faridfet > 2022-05-18 18:29 | Report Abuse

News 18 May 2022:

Aeon Co. (M) Bhd recorded a net profit of RM28.07mil in the first quarter ended March 31, 2022, a 27.38% improvement over RM22.03mil in the previous corresponding quarter on improved retail margin and higher impairment of trade receivables in the comparative quarter.

Posted by dragon328 > 2022-05-18 20:38 | Report Abuse

Q1FY2022 net profit of RM28m is a little disappointing after the record Q4FY2021 net profit of RM70m?? Quarterly report does not provide sufficient explanation for the sharp drop in earnings from the Dec 2021 qtr.

Posted by dragon328 > 2022-05-18 20:40 | Report Abuse

just one line of explanation - "mainly due to seasonal year end annual rebate recognition in the preceding quarter". I think shareholders deserve more explanation than this.