yes, Aeon business is booming and good than last year. I believe coming QR Q124 will be outperformed. U can refer to Aeon Credit business and current share pirce. For you information, Aeon holding Aeon Credit RM 51m shares in QR Q423. Now with Aeon Creditshare price RM6.95 friday closed pirce then then Aeon investment has become RM 64M now....wow Aeon diam diam earn 13m without do anything...therefore Jan to Mar is Chinese New Year and i believe coming QR will be super nice. Some how the Aeon share price has been sideway and at low price for long time. It is a good opportunity to go bk to its fair price. 13/04/2024 8:12 PM
Prospects for the Financial Year Ending 31 December 2024 (FY2024)
Global rising tensions and calamities continue to disrupt global supply chain and economic growth. Local economy continues to be weighed down by elevated cost pressures and weakened currency. The upcoming subsidy rationalisation, increase in the Sales and Service Tax and introduction of High-Value Goods Tax could exert further pressure on spending as consumers refrain from high-value purchases. As AEON enters its 40th anniversary year in Malaysia, the Company will offer line-ups of Anniversary activities and promotions to celebrate aiming to create smiles and connect hearts with all customers, tenant partners and supplies. In the coming months, exciting promotion offers and mall events will be implemented to maximise Chinese New Year and Ramadhan catchments, followed by opening of GMS store in Setia City Mall to expand AEON’s presence within communities. Amidst challenges ahead, the Company remains committed to accelerate digital shift, establish private brand that capture diverse customer values, create AEON Living Zone in local community and implement sustainability initiatives, while effectively managing operating costs.
Aeon Co Ltd 51.0% 809.13 Employees Provident Fund Board 9.09% 144.17 Amanah Saham Bumiputera 4.9% 77.74😍 Tabung Haji 4.37% 69.33😍 KWAP 1.83% 29.03😍 Public Mutual Fund 1.36% 21.58 Prulink Equity Fund 0.94% 14.91 Citibank New York 0.82% 13.01 Public Islamic Opportunities Fund 0.76% 12.06 Manulife Investment Shariah Progress Fund 0.73% 11.58 Kenanga Syariah Growth Fund 0.72% 11.42 Nomura Securities Co Ltd 0.68% 10.79 Amanahraya Trustees Berhad Public Strategic Smallcap Fund 0.67% 10.63
Aeon Credit share price breaks higher....Aeon also breaks 200 MA....it means super bull on track now...congratulation to all Aeon shareholders. Good Luck!!!
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....
rizerlee
752 posts
Posted by rizerlee > 2023-08-24 13:36 | Report Abuse
Revenue from Retail very weak
US's wallmart , Target having similar issue and it seems this is globalwide retail slowdown.
Q2'23 probably just the beginning