Showing posts with label AEON. Show all posts
Showing posts with label AEON. Show all posts

May 22, 2015

Earnings within expectations

Stock Name: AEON
Company Name: AEON CO. (M) BHD
Research House: MIDFPrice Call: HOLDTarget Price: 3.60



December 29, 2014

Land Acquisition in Senawang

Stock Name: AEON
Company Name: AEON CO. (M) BHD
Research House: TAPrice Call: SELLTarget Price: 3.29



January 27, 2014

AEON - Ascribing New Retail Space

Stock Name: AEON
Company Name: AEON CO. (M) BHD
Research House: TAPrice Call: HOLDTarget Price: 14,384.00



November 26, 2013

September 23, 2013

May 21, 2013

Take Profit Now!

Stock Name: AEON
Company Name: AEON CO. (M) BHD
Research House: TAPrice Call: SELLTarget Price: 11.82



April 25, 2013

FY13 to see an array of openings

Stock Name: AEON
Company Name: AEON CO. (M) BHD
Research House: MIDFPrice Call: HOLDTarget Price: 12.10



March 1, 2013

December 31, 2012

Another Land Acquisition

Stock Name: AEON
Company Name: AEON CO. (M) BHD
Research House: TAPrice Call: SELLTarget Price: 10.66



November 30, 2012

November 1, 2012

August 27, 2012

New outlets gaining traction

Stock Name: AEON
Company Name: AEON CO. (M) BHD
Research House: TAPrice Call: SELLTarget Price: 10.05



Kenanga raises Aeon target price

Stock Name: AEON
Company Name: AEON CO. (M) BHD
Research House: KENANGAPrice Call: BUYTarget Price: 10.70



Kenanga Research raised its target price of retail store operator Aeon Co (M) Bhd to RM10.70 per share from RM9.54,
citing a stronger growth outlook in the second half of the year.

The move comes despite the company's first-half earnings coming in lower than expected, with net profit almost flat, growing only 0.6 per cent year-on-year.

"Sales in the second half of the year should be better due to the festive season," Kenanga said in a research note on Monday.

Maintaining its 'market perform' call on the counter, the research house retained its earnings estimates for the financial years 2012 and 2013.

As of 10.35 am, Aeon's shares gained 1.79 per cent against the Malaysian benchmark stock index's 0.04 per cent rise. - Bernama

April 18, 2012

AEON Co. (M): Downgrade to Hold - Journey to the East

Stock Name: AEON
Company Name: AEON CO. (M) BHD
Research House: MAYBANKPrice Call: HOLDTarget Price: 8.70



Downgrade to Hold. AEON's share price is up an impressive 33% YTD and has breached our TP of RM8.70 (pegged at 14x 2013 PER). With little upside catalyst at this stage and low dividend yield as support, we downgrade our recommendation from Buy to Hold. We forecast revenue growth of 6.8% for the group in 2012, in line with the 6% industry growth expected by the Retail Association of Malaysia.

Click here for full report

Source: Maybank Research - 18 April 2012

April 10, 2012

AEON ' Five New Malls By 2014

Stock Name: AEON
Company Name: AEON CO. (M) BHD
Research House: RHBPrice Call: HOLDTarget Price: 10.40



AEON ' Five New Malls By 2014                          Market Perform (Upgraded)
Visit Note
''       AEON expects to open another outlet in Dec 2012 in Sri Manjung. The mall would be leased from the developer and have total net lettable area of 400k sq ft. Further ahead, we understand that AEON has plans to open one mall in 2013, although no details on location were given. In 2014, AEON expects to open three new malls, i.e. Kulai, Sg. Petani and Bukit Mertajam.
''       We raise our fair value to RM10.40 (from RM8.90) based on a new target PER of 16x FY12 EPS (from 14x FY12 EPS previously). We upgrade our call on the stock to Market Perform.

Source: RHB Research - 10 April 2012