[AEON CO (M) BHD：General Merchandising Store (GMS)销售额下降，尤其是在MCO期间。在此期间，被视为非必要服务的GMS不允许运行]

这季，永旺的总收入为11.9亿令吉，较去年同期的12.1亿令吉降低1.3％。零售业务收入为10.2亿令吉，比去年同期的10.3亿令吉降低0.9％，这主要是由于General Merchandising Store (GMS)销售额下降，尤其是在MCO期间。在此期间，被视为非必要服务的GMS不允许运行。

物业管理服务部门的收入为1.690亿令吉，比去年同期的1.752亿令吉减少3.6％，主要是由于应收租户的销售佣金减少，尤其是在MCO期间。非必需服务租户在MCO期间不得经营。这季度的税前利润为2540万令吉，这是受到收入减少的影响，与去年同期的5570万令吉相比下降了54.4％。

QoQ：
该季度的税前利润为2540万令吉，比前一季度的8730万令吉要低，这主要是由于年终回扣和前一季度的较高利润率。

前景：
世界卫生组织宣布的COVID-19疫情大流行，已经对全球经济以及包括零售行业在内的国内经济产生了影响。在这样充满挑战的环境下，公司的核心业务在MCO期间受到干扰，公司已积极采取了业务举措和运营措施。
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James Ng Stock Pick Performance:
Since Recommended Return:

a. FRONTKEN CORP BHD, recommended on 12 Aug 18, initial price was RM0.715, rose to RM3.50, dividend RM0.04, in 1 year 11 months 18 days, total return is 395.1%

b. TOP GLOVE CORP BHD, recommended on 1 July 18, initial price was RM12.14, rose to RM51.76 adjusted, dividend RM0.52, in 2 Years 29 days, total return is 330.6%

c. MI TECHNOVATION BERHAD, recommended on 2 Jun 19, initial price was RM1.67, rose to RM5.99 adjusted, dividend RM0.055, in 1 Year 1 month 28 days, total return is 262%

d. KKB ENGINEERING BHD, recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.64, dividend RM0.04, in 2 Years 29 days, total return is 111.3%

e. OPENSYS M BHD, recommended on 24 May 20, initial price was RM0.355, rose to RM0.72, dividend RM0.0025, in 2 months 6 days , total return is 103.5%

f. POWER ROOT BHD, recommended on 7 Oct 18, initial price was RM1.59, rose to RM2.19, dividend RM0.188, in 1 Year 9 months 23 days, total return is 49.6%

g. PROLEXUS BHD, recommended on 25 Aug 19, initial price was RM0.455, rose to RM0.64, dividend RM0.003, in 11 months 5 days , total return is 41.3%

我希望将我的策略分享给读者，希望他们在阅读后能够表现出色。我正在使用基本面分析Fundamental Analysis：

预计公司每年的增长率必须超过14％

我想说服读者学习基本面分析FA以便能从股市赚钱。

我为想从马来西亚股票市场赚钱的读者提供STOCK PICK服务。想订阅我的邮件以从股票市场获取良好回报的人，可以通过jamesngshare@gmail.com 或我的FB页面与我联系。

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高波动性投资产品，你的交易存在风险。过往表现不能作为将来业绩指标。内容仅作为分享，讨论以及领域的分析，而非是一种投资建议，买或卖自负。请Like和Share。最终决定永远是你的，谢谢。

James Ng
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[AEON CO (M) BHD: lower General Merchandising Store (GMS) sales recorded especially during the MCO period. GMS being considered non-essential services was not allowed to operate during this period]

For the quarter under review, the Company registered a total revenue of RM1.19 billion, which was lower by 1.3% as compared with RM1.21 billion recorded in the preceding year corresponding quarter. Retail business revenue registered RM1.02 billion, which was lower by 0.9% compared to the previous year corresponding quarter of RM1.03 billion mainly due to the lower General Merchandising Store (GMS) sales recorded especially during the MCO period. GMS being considered non-essential services was not allowed to operate during this period.

Revenue from its property management services segment at RM169.0 million, which was lower by 3.6% over the previous year corresponding quarter of RM175.2 million mainly due to the lower sales commission receivable from tenants, especially during the MCO period. Non-essential services tenants were not allowed to operate during the MCO period. The profit before tax for the quarter under review at RM25.4 million was impacted by the lower revenue recorded and was lower by 54.4% compared to the previous year corresponding quarter of RM55.7 million.

QoQ:
The profit before tax of RM25.4 million for the quarter was lower than the immediate preceding quarter of RM87.3 million mainly due to the year-end rebate and higher profit margin in immediate preceding quarter.

Prospects:
The COVID-19 outbreak declared as a pandemic by World Health Organisation has impacted the economy, both globally and domestically including retail industry sector. Under such challenging environment, while the Company experienced business interruptions to its core businesses during MCO period, the Company has actively taken pro-active business initiatives and operational measures.
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I wish to share my strategy to readers, hope that they can perform well after reading this. I am using Fundamental Analysis:

the forecasted growth of a company must over 14% per year

I wish to convince readers to learn FA in order to make money from stock market.

I am providing STOCK PICK SERVICE for readers who want to make money from Malaysian stock market. Those who want to subscribe to my mailing list to achieve a good return from stock market, you can contact me at jamesngshare@gmail.com or PM me in my FB page.

This sharing is purely a discussion and analysis of the sector, buying or selling at your own risk. Please Like and Share this post. Final decision is always yours, thank you.

James Ng