Post removed.Why?

Post removed.Why?

I would like to enlighten all of you that the report by Alliance DBS recently on downgrading of AeonCr to target price of RM11.40 was totally baseless and nothing more than analyst’s feeling. It says in the report that the downgrading is to reflect the dimming of growth prospect whereas the Q2 results (announced in Sept 2014) shows otherwise. The revenue growth was intact at 26%. No doubt there is some setback on the provision of loan loss due to adoption of new accounting rules in the Q2 announcement, thus dragging the net income down. On this, we do hope to see some improvement in the upcoming Q3 result.
As confirmed by the author of the research report (a young female analyst by the name of Lynette Cheng) when I rang her up recently, her report was based on her feeling that the current soft customer sentiment will affect AeonCr’s performance. Worse still, she has no new data to fall back on other than the old Q2 results. I find it very sad indeed to have a professional analyst who supposed to write based on fact and figures, and not based on feelings. The current soft sentiment does not necessarily imply that Aeoncr will be impacted negatively as proven by the stellar profit by the likes of HuaYang, Tambun Indah in their recent announcements. What is most important is facts and figures. So, do not be misled by the report as it has nothing to do whatsoever with the upcoming results expected on Friday. As confessed by the analyst, she is as blur as all of us as to what will be the final outcome in the upcoming official result (nobody has privy knowledge of the upcoming results except the management of AeonCr)
So to all loyal fellow AeonCr investors, do not give up hope yet on AeonCr . AeonCr has not failed to impress us and it should continue to impress. Just be patient and wait for few more days for the official result release rather than joining the current panicking selling fever. Let’s hope to see light at the end of the tunne as there may be positive surprises in store for you! The final results speak louder than anything!
It is indeed sad that such damaging report been published at this critical moment when all investors are waiting eagerly for the official Q3 result. Why can’t the analysts wait for official announcement before crunching the numbers and publishing their research findings thereafter?