Posted by awieze > 2020-12-08 11:49 | Report Abuse

will break rm1 this week

Posted by awieze > 2020-12-08 12:07 | Report Abuse

yessza..fly flyyyy

Posted by mansaham1972 > 2020-12-08 13:08 | Report Abuse

Tq Aeon c1 kasi peluang untung berkali2 dari harga 4 sen lagi

Posted by core9design > 2020-12-08 14:13 | Report Abuse

KUALA LUMPUR (Dec 8): MIDF Research has raised its target price for Aeon Co (M) Bhd to RM1.18, from RM1.01 previously, based on 18.7 times the earnings per share of 6.3 sen for the financial year ending Dec 31, 2021 (FY21).

The research house said it is feeling upbeat over the group’s longer-term prospects despite the near-term challenges caused by the Covid-19 pandemic, after having a virtual meeting with Aeon Co’s management team.

“Based on some of the pointers the management shared, we deduce that performance in FY21 is likely to be better than in FY20 although it may not be recovering to the pre-pandemic level yet.



“From there onwards, we expect a firmer recovery from FY22 onwards in view of some of the new growth plans the management is putting in place,” said MIDF Research analyst Ng Bei Shan in a note today.

Ng also noted that the impact of the coronavirus on the group’s business in different regions varied. For instance, its Johor business was adversely impacted by the closure of the Johor-Singapore border and the company is looking into cross-border delivery.

The analyst said the management shared that it has identified a new flat-price model to be rolled out next year as the company plans to open up 10 stores of such format.

On top of that, Ng said it is reviewing the positioning of Aeon Wellness to avoid direct competition with other mass market pharmacies or wellness stores, besides looking to further refine its offering by bringing in new imported products from Japan.

“This will be with the help of data analytics to provide relevant offerings to customers. The company has also embarked on a membership consolidation exercise across its different businesses, which will see its member base increase to two million by end of the year,” said Ng.

Furthermore, the management team also shared that it will continue to be agile in its marketing plans in order to make the online and offline shopping experience more seamless for customers, said Ng.

“On the flipside, it will continue to consolidate its procurement and purchases at the group level to garner better scale and bargaining power when liaising with its suppliers,” she added.

Following the group’s upbeat prospects, Ng has upgraded Aeon Co to "buy" from "trading buy", but he made no changes to the group’s earnings forecasts.

“We think Aeon Co will be able to benefit from the recovery of the economy and consumer spending. On top of that, valuation appears much more attractive now. Although consumers increasingly shop online especially since the pandemic, we think that offline shopping will continue to have its place with an experiential offering that online shopping cannot displace.

“As such, we think that retailers such as Aeon Co that adapt to the changes in consumer behaviours will stand out in the long term,” said the analyst.

At the time of writing, shares in Aeon Co had risen one sen or 1.06% to 95 sen, bringing its market capitalisation to RM1.33 billion. It saw some 1.94 million shares traded.

Posted by core9design > 2020-12-08 15:24 | Report Abuse

Goreng started in afternoon, can breach RM1 anytime

Posted by awieze > 2020-12-08 15:55 | Report Abuse

goreng just a few minutes.like yesterday

Posted by awieze > 2020-12-08 16:13 | Report Abuse

not today, tomorrow, tomorrow never die

Posted by yingzhe17 > 2020-12-08 16:19 | Report Abuse

Epf sell you buy

Posted by JayC88 > 2020-12-08 22:54 | Report Abuse

starting round two? lol

Posted by t_nike2002 > 2020-12-09 08:43 | Report Abuse

MIDF Research raises Aeon target price to RM1.18, expects firmer recovery from FY22 onwards https://www.klsescreener.com/v2/news/view/763635

Posted by t_nike2002 > 2020-12-09 08:44 | Report Abuse

MIDF Research has raised its target price for Aeon Co (M) Bhd to RM1.18, from RM1.01 previously, based on 18.7 times the earnings per share of 6.3 sen for the financial year ending Dec 31, 2021 (FY21).

The research house said it is feeling upbeat over the group’s longer-term prospects despite the near-term challenges caused by the Covid-19 pandemic, after having a virtual meeting with Aeon Co’s management team.

Posted by yingzhe17 > 2020-12-09 09:09 | Report Abuse

Epf sell sell sell

Posted by INVEST_AA > 2020-12-09 10:54 | Report Abuse

Portfolio rebalancing...so it doesn't matter cos the price goes up...

Posted by INVEST_AA > 2020-12-09 10:56 | Report Abuse

epf is not as stupid as certain people who just merely look at epf buy or sell...

See the strong business fundamental and most importantly it is post Covid stock that must have...

Posted by INVEST_AA > 2020-12-09 10:57 | Report Abuse

Touching RM1.0 soon...

Posted by core9design > 2020-12-09 11:03 | Report Abuse

Touched 99sen.......zzzzzz

Posted by INVEST_AA > 2020-12-09 11:08 | Report Abuse

Patient.. as long as it goes up ..slow and steady

Posted by Superb99 > 2020-12-09 11:10 | Report Abuse

Lol...wayang saja, hard to cross rm1

Posted by INVEST_AA > 2020-12-09 11:11 | Report Abuse

Also window dressing this month.... :)

Posted by tradesafely > 2020-12-09 11:34 | Report Abuse

lol goreng 5 seconds?

Posted by core9design > 2020-12-09 11:38 | Report Abuse

Soon, it will goreng like PARKSON

Posted by Markv572421 > 2020-12-09 11:46 | Report Abuse

Stupid stock

Posted by Superb99 > 2020-12-09 12:03 | Report Abuse

I only need capital appreciation, 4% of yield only suitable to FD kaki...lol

Posted by awieze > 2020-12-09 13:28 | Report Abuse

dont worry, not today , tomorrow never die..just keep. who want sell even epf, let it be. i strongly believe that the price will boom soon

Posted by INVEST_AA > 2020-12-09 13:39 | Report Abuse

@Superb99 obviously everyone want capital appreciation as well la... My point is ... IN Addition to capital appreciation ... you can get dividend TOO..... IF you don't your Aeon Dividend then feel free to give me...

Posted by awieze > 2020-12-09 13:50 | Report Abuse

hahaha

Posted by awieze > 2020-12-09 15:15 | Report Abuse

buy buy buy

Posted by awieze > 2020-12-09 16:01 | Report Abuse

three in a row.same style

Posted by awieze > 2020-12-09 16:19 | Report Abuse

500 unit, 600 unit, 200 unit.....macam beli main main..kih3

Posted by Superb99 > 2020-12-09 17:22 | Report Abuse

Back to open price...lol....epf doesn't like price hike

Posted by Markv572421 > 2020-12-09 20:22 | Report Abuse

stupid players ....

Posted by Superb99 > 2020-12-09 23:35 | Report Abuse

AEON like having strong price resistance

Posted by awieze > 2020-12-10 14:37 | Report Abuse

dia dah buat hal..volume sudah slow

Posted by core9design > 2020-12-10 15:17 | Report Abuse

Tidur dulu...spike up lain hari

Posted by awieze > 2020-12-10 15:38 | Report Abuse

haha..yeah

Posted by yingzhe17 > 2020-12-10 19:05 | Report Abuse

Epf sell

Posted by Superb99 > 2020-12-10 19:17 | Report Abuse

Up and down btw 0.94 and 0.97...
Wayang kulit

Posted by chhn461 > 2020-12-11 00:22 | Report Abuse

Rubbish stock

Posted by core9design > 2020-12-11 07:07 | Report Abuse

KABOOM

Posted by awieze > 2020-12-11 09:41 | Report Abuse

no lah..not rubbish. need a little time to kaboommmm

Posted by awieze > 2020-12-11 09:43 | Report Abuse

maybe cy expired soon

Posted by INVEST_AA > 2020-12-11 09:52 | Report Abuse

Aeon with good potential as their internal restructuring starts to show result already and more to come...

Posted by awieze > 2020-12-11 09:55 | Report Abuse

yes...strongly agree

Posted by awieze > 2020-12-11 11:16 | Report Abuse

strong support

Posted by awieze > 2020-12-11 11:24 | Report Abuse

epy keep selling, price still strong..buy buy buy,,,puas dia jual, dia beli pula

Posted by awieze > 2020-12-11 11:30 | Report Abuse

1.05 today

Posted by awieze > 2020-12-11 12:41 | Report Abuse

1. AEON is trading below estimate of fair value (RM1.78)

2. AEON will be able to benefit from the recovery of the economy and consumer spending. On top of that, valuation appears much more attractive now. Although consumers increasingly shop online especially since the pandemic, I think that offline shopping will continue to have its place with an experiential offering that online shopping cannot displace

3. AEON is good value based on its PE Ratio (21x) compared to the XA Multiline Retail industry average (22.7x).

4. AEON dividend (4.17%) is higher than the bottom 25% of dividend payers in the MY market (1.45%).

5. AEON returned to the black with a net profit of RM16.36 million in its third quarter ended Sept 30, 2020 (3QFY20), after the retailer slipped into net loss of RM9.56 million in the preceding quarter ended June 30.

Posted by tradesafely > 2020-12-11 13:05 | Report Abuse

always 5 min show everyday, no rush to enter

Posted by tomanhead > 2020-12-11 13:35 | Report Abuse

RM1 is within sight already

Posted by core9design > 2020-12-11 13:37 | Report Abuse

99 rally coming soon