Key takeaways from our recent company visit:
1) SSS growth is expected to be lower than our previous assumptions;
2) increasing competitive market not favourable for margins;
3) the Bandar Sri Permaisuri outlet's opening is delayed due to some unexpected hiccups; and
4) its negotiations pertaining to the 1Utama lease is still on-going.
AEON Co. (M) Berhad : Slower-Than-Expected SSS Growth In 1HFY12/10-10/08/2010
No comments:
Post a Comment