Posted by dragonfruit123 > Aug 27, 2021 5:23 PM | Report Abuse

very bearish today, evening star formed
any idea?

Posted by core9design > Aug 28, 2021 8:34 AM | Report Abuse

Fantastic Financial Results given the circumstances. AEON managed to cut cost and transformed itself for higher growth. Price will shoot up next week

Posted by TreeTopView > Aug 28, 2021 9:46 AM | Report Abuse

dragonfruit123, yes I also noticed a weakness in price caused by either genuine selling or the stock being pushed lower. During late Thursday afternoon trading it was evident that either a big seller was introduced or the price was being capped. A bit similar on Friday afternoon too.

Friday after market Quarterly results:

Almost Rm11 million profit. Considering the Covid restrictions during the period it is a good result. I have to be honest and say I was hoping for a bit more than Rm11 million (EPS 0.78 cents) and had targetted an EPS of around 1.33 cents to bring their rolling 4 quarters EPS to 6 cents. That should have supported the recent price moves.
With the current results the rolling 4 quarters EPS is now 5.45 cents, compared to 3.99 cents prior to yesterday's results.

Too difficult to say what the Funds will do to the price with these results, however I think my Fib targets of 1.60 and 1.685 will not be achieved on these results.

Still a good buy and hold for future growth with less Covid restrictions, IMO. As always, timing a buy point is the key.

Posted by firehawk > Aug 28, 2021 11:54 PM | Report Abuse

Changes in the Quarterly Profit Before Tax Compared to the Results of the Preceding Quarter,
Current Quarter Preceding Quarter
Revenue 874,204 1,013,499 (13.7%)
Profit from operations 60,686 72,691 (16.5%)
Profit before tax 27,999 41,831 (33.1%)

The Company registered a lower revenue by 13.7% to RM874.2 million in current quarter compared with the
immediate preceding quarter attributed to closure of stores and malls due to HIDE over and above various
MCO directives which resulted in the closure of the Company’s Hardline and Softline divisions. As such, this
resulted in the profit before tax of RM28.0 million for the quarter being lower than the immediate preceding
quarter of RM41.8 million.

Posted by awieze > Aug 30, 2021 9:33 AM | Report Abuse

trading halt until 10 am

Posted by dragonfruit123 > Aug 30, 2021 9:36 AM | Report Abuse

why halt until 10am? what is the problem?

Posted by awieze > Aug 30, 2021 9:39 AM | Report Abuse

maybe related to the profit announcement

Posted by awieze > Aug 30, 2021 9:55 AM | Report Abuse

last year end jun 2020..loss 9 million....this year end jun 2021 profit 10 million..positive sign

Posted by dragonfruit123 > Aug 30, 2021 12:31 PM | Report Abuse

profit not bad, but still got some big fishes keep throwing their tickets hmmmm

Posted by WenJun > Aug 30, 2021 4:37 PM | Report Abuse

Foreign funds (Using Credit Suisse as broker) are sweeping upward after AEON touched 1.40. Congrats to those who bought the dip :)

Posted by core9design > Aug 31, 2021 5:26 PM | Report Abuse

It will fly to RM2 very soon

Posted by awieze > Sep 1, 2021 9:30 AM | Report Abuse

hopefully

Posted by gogogolee > Sep 1, 2021 1:49 PM | Report Abuse

c u guys at RM2

Posted by awieze > Sep 1, 2021 3:52 PM | Report Abuse

cammon big fish

Posted by core9design > Sep 5, 2021 5:37 PM | Report Abuse

Sept 2021 will be the month to SkyRocket

Posted by mimisita > Sep 6, 2021 9:11 PM | Report Abuse

sept the rocket month... HODL

Posted by WenJun > Sep 6, 2021 11:06 PM | Report Abuse

Foreign funds are using Credit Suisse and JP Morgan as brokers to buy Aeon recently, very interesting...

Posted by dragonfruit123 > Sep 7, 2021 11:43 PM | Report Abuse

wenjun, may i know where to see it?

Posted by WenJun > Sep 8, 2021 10:52 AM | Report Abuse

@dragonfruit123 you can try to sell a few lots to the buy queues, they are mostly occupied by foreign IBs recently. Sell-side is mostly local IBs. You can view the counter party in order details to know what IB they used.

Posted by WenJun > Sep 8, 2021 10:56 AM | Report Abuse

@TreeTopView Maybe they realized that short selling during a rising trend is a suicidal move :P

Posted by Fklim888 > Sep 8, 2021 11:01 AM | Report Abuse

Aeon....

Posted by coolkwc > Sep 13, 2021 3:21 PM | Report Abuse

this counter is so boring. Everyday rally by 2-3 cents.

Posted by TreeTopView > Sep 14, 2021 11:57 AM | Report Abuse

Posted by coolkwc > Sep 13, 2021 3:21 PM | Report Abuse

this counter is so boring. Everyday rally by 2-3 cents.

*********************************************

LOL.....what do you want? To rise 20 cents each day?
I think it's behaving rather nicely, to be fair.

Posted by kim722 > Sep 15, 2021 7:43 AM | Report Abuse

2-3 sen up every day consistenly. recovery play.

Posted by coolkwc > Sep 20, 2021 2:02 PM | Report Abuse

don know why everyone is dumping today, not only this counter but almost all other.

Posted by PunTatBerSiul > Sep 20, 2021 2:05 PM | Report Abuse

73 sen coming soon!

Posted by TreeTopView > Sep 21, 2021 3:22 PM | Report Abuse

Posted by PunTatBerSiul > Sep 20, 2021 2:05 PM | Report Abuse

73 sen coming soon

******************************************************

I see they have opened up the games room at Tg. Rambutan Hospital.
They really need to remove that PC from the room.

Stick to basket weaving, buddy.

Posted by coolkwc > Sep 24, 2021 4:13 PM | Report Abuse

damn boring. Rally at 1.49 for almost 2 weeks.

Posted by TreeTopView > Sep 25, 2021 11:48 AM | Report Abuse

coolkwc, it might be "boring" but it is stable. That is far more important when you consider the KLCI has dropped from 1,600 to 1,520 during September.

Another plus is the fact that the shorted shares continue to slowly get covered. We have had 147,000 covered this week, up to Thursday's closing figures.

All things considered, I believe the price is holding up well.

My thoughts only, but if the KLCI can gradually move back up to 1,600+ before the end of the calendar year, then we might see Aeon attempt to take on the next Fibonacci targets of 1.60, 1.68, and 1.76.

Posted by hahasong > Oct 1, 2021 11:24 AM |

Post removed. Why?

Posted by dragonfruit123 > Oct 2, 2021 1:50 AM | Report Abuse

kena sell down suddenly

Posted by firehawk > Oct 21, 2021 4:18 PM | Report Abuse

opportunity :-)

Posted by VennesA > Nov 1, 2021 7:55 AM | Report Abuse

Aeon just celebrate it anniversary. Time to buy back

Posted by firehawk > Nov 25, 2021 8:09 AM | Report Abuse

QR NG ... hv to wait longer ......

Posted by calvintaneng > Nov 25, 2021 8:16 AM | Report Abuse

Wait longer?

Yes must wait as long as the neck of giraffe

AEON supermarkets only draw in customers

Most of the Shops AEON tenanted to others are doing badly as Covid 19 prevent crowds from visiting Malls

Plus high food prices with lesser income where got extra spending power

So AEON will see tough times

Better sell AEON and buy Palm oil shares

Now Cpo up from Rm1700 to over Rm5,100 (Up 200%) All palm oil companies seeing good times returning

Posted by firehawk > Nov 25, 2021 8:28 AM | Report Abuse

stuupid, I bet u know nothing about management ability but simply come to promote other ctrs ... sick!

Posted by calvintaneng > Nov 25, 2021 8:30 AM | Report Abuse

I SEE

https://www.youtube.com/watch?v=3QK3xtVAM0w

Posted by firehawk > Nov 25, 2021 8:33 AM | Report Abuse

sorry! i won't click the link ... :D

Posted by firehawk > Nov 25, 2021 8:34 AM | Report Abuse

i don't want to waste my time :D