Wednesday, February 4, 2015

Affin Hwang Capital Daily Insight (LV) - 30 January 2015 - AEON / ECONOMY - ASEAN OUTLOOK


Top Calls

Company Update Aeon (BUY, maintain)

- A well-respected retailer

Our recent meeting with management has reaffirmed our belief that Aeon is on track to sustain earnings growth that is supported by its steady mall expansions and healthy consumer spending for basic necessities. We think that companies like Aeon that target the mass market should fare better in the uncertain 2015 consumer spending environment. Maintain BUY with unchanged TP of RM3.57.


Other Calls

Economy ASEAN Outlook Weekly Wrap (23 29 January 2015)

-Spore may ease policy further in April on low inflation


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