Posted by apple168 > 2021-08-06 15:55 | Report Abuse

Go and look at Aeon mail, like piece of sh*t, no crowd at all…

Posted by WenJun > 2021-08-09 16:05 | Report Abuse

It looks like a VCP pattern…

Posted by TreeTopView > 2021-08-10 10:21 | Report Abuse

Hi Wen Jun,good to see someone finally chatting in the Aeon thread.


Stay safe.

Posted by WenJun > 2021-08-10 16:53 | Report Abuse

Hi TreeTopView, it's been a while since our last chat here. I've been quite busy with work lately, neglected trading a lot. I still can't believe Aeon is holding so strong for the past few months despite the corrections in recovery stocks in general.

Stay safe and healthy!

Posted by Bgt 9963 > 2021-08-11 08:56 |

Post removed.Why?

Posted by WenJun > 2021-08-11 09:31 | Report Abuse

Vroom vroom…

Posted by TreeTopView > 2021-08-11 10:01 | Report Abuse

WenJun, I gave myself a couple of really hard palm slaps on the forehead yesterday when I finally realised the reason for recent Aeon support!

I've been a holder since late last year and even as a holder I was too blind to see.......gggggrrrr.

Posted by WenJun > 2021-08-11 10:38 | Report Abuse

It’s okay… We all make mistakes, VCP pattern is something pretty reliable based on my experience with AEON and CIMB so far… Looks like my list of best trading strategies just got a new entry!

Posted by TreeTopView > 2021-08-11 10:51 | Report Abuse

Look at the last 4 rolling quarters.....https://www.klsescreener.com/v2/stocks/view/6599/aeon-co-m-bhd

Scroll half way down the page to see the last 4 EPS figures, see the anomaly? Yes, the quarter in the red.

If this current upcoming quarter shows an EPS of at least 1.33, then the rolling 4 quarters EPS will be at least 6 cents, as opposed to the current 3.99 cents, because of the negative quarter.

Technically, there could be a case to see the next target area at around 1.60ish using a 2 year chart. Fibonacci numbers back that up with targets of:

1.50
1.60
1.685

Posted by TreeTopView > 2021-08-12 16:58 | Report Abuse

Someone cleaned out the 1.24 million that was on offer at 1.42 during the end of day auction......nice.

Posted by StockHunt40 > 2021-08-12 18:18 | Report Abuse

ya. i saw that too. suddenly telan.

Posted by WenJun > 2021-08-12 18:53 | Report Abuse

A similar thing is seen on the day before it breakout yesterday... Looks like more to come

Posted by SpikeNow > 2021-08-13 10:04 | Report Abuse

aeon , cantik ya . ada push .

Posted by TreeTopView > 2021-08-13 10:37 | Report Abuse

First Fib. target of 1.50 almost in play. A break above 1.50 could see 1.60 come into play over time.

Posted by TreeTopView > 2021-08-13 12:09 | Report Abuse

I should add to my previous post, hoping for a period of consolidation before taking on that 1.50 level.
The quarterly should be out some time between late next week or anytime the following week. An EPS of 1.33 or more for the quarter will equate to annualised EPS (4 quarters) of 6 cents+, so these are the figures I'll be looking for to support this current move and the possibility of further gains.

Targets still remain at 1.50, 1.60 and 1.685.

Posted by gogogolee > 2021-08-13 12:23 | Report Abuse

aeon should back to rm3

Posted by TreeTopView > 2021-08-13 12:38 | Report Abuse

Posted by gogogolee > Aug 13, 2021 12:23 PM | Report Abuse

aeon should back to rm3

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I think you are being a bit too over optimistic :)

Earnings right now are mainly from the supermarket sector and have been robust, considering the Covid effect, and we can thank their business restructuring for those recent results (last 3 quarters). Eventually their other two sectors, department stores and rental, will add to their earnings but that will take time.

I'm fairly positive about their long tern progress but it will take time for the department stores and rentals to really kick in. Aeon is probably a good 12 month investment play for now.

Posted by Bgt 9963 > 2021-08-16 16:24 |

Post removed.Why?

Posted by gogogolee > 2021-08-26 09:05 | Report Abuse

today will break 1.50

Posted by TreeTopView > 2021-08-26 09:08 | Report Abuse

Will today be the day that it finally breaks through 1.50?
It's trying!

Posted by WenJun > 2021-08-26 09:48 | Report Abuse

Congrats for archiving your first target TreeTopView :)

Posted by TreeTopView > 2021-08-26 09:55 | Report Abuse

Thanks, WenJun :)
The next targets remain in place but who really knows how it will pan out.

1.60......then 1.685, if it remains on an upward trajectory.

Posted by dragonfruit123 > 2021-08-27 17:23 | Report Abuse

very bearish today, evening star formed
any idea?

Posted by core9design > 2021-08-28 08:34 | 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 > 2021-08-28 09:46 | 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 > 2021-08-28 23:54 | 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 > 2021-08-30 09:33 | Report Abuse

trading halt until 10 am

Posted by dragonfruit123 > 2021-08-30 09:36 | Report Abuse

why halt until 10am? what is the problem?

Posted by awieze > 2021-08-30 09:39 | Report Abuse

maybe related to the profit announcement

Posted by awieze > 2021-08-30 09:55 | Report Abuse

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

Posted by dragonfruit123 > 2021-08-30 12:31 | Report Abuse

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

Posted by WenJun > 2021-08-30 16:37 | 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 > 2021-08-31 17:26 | Report Abuse

It will fly to RM2 very soon

Posted by awieze > 2021-09-01 09:30 | Report Abuse

hopefully

Posted by gogogolee > 2021-09-01 13:49 | Report Abuse

c u guys at RM2

Posted by awieze > 2021-09-01 15:52 | Report Abuse

cammon big fish

Posted by core9design > 2021-09-05 17:37 | Report Abuse

Sept 2021 will be the month to SkyRocket

Posted by mimisita > 2021-09-06 21:11 | Report Abuse

sept the rocket month... HODL

Posted by WenJun > 2021-09-06 23:06 | Report Abuse

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

Posted by dragonfruit123 > 2021-09-07 23:43 | Report Abuse

wenjun, may i know where to see it?

Posted by WenJun > 2021-09-08 10:52 | 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 > 2021-09-08 10:56 | Report Abuse

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

Posted by Fklim888 > 2021-09-08 11:01 | Report Abuse

Aeon....

Posted by coolkwc > 2021-09-13 15:21 | Report Abuse

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

Posted by TreeTopView > 2021-09-14 11:57 | Report Abuse

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

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

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

Posted by kim722 > 2021-09-15 07:43 | Report Abuse

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

Posted by coolkwc > 2021-09-20 14:02 | Report Abuse

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

Posted by PunTatBerSiul > 2021-09-20 14:05 |

Post removed.Why?

Posted by TreeTopView > 2021-09-21 15:22 | Report Abuse

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

73 sen coming soon

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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 > 2021-09-24 16:13 | Report Abuse

damn boring. Rally at 1.49 for almost 2 weeks.