Chart: AEON's monthly chart as at Feb 17, 2009 (source: Quickcharts)
The drop in its share price ahead of the release of its 4Q2008 results (expected by this Friday) is not a good sign. Is the market anticipating a poorer set of results for 4Q2008. Investors will remember Parkson Retail Group Ltd's announcement of a lower same store sale ('SSS') growth for its China/HK operation on January 6th this year which sent the share price of the holding company, Parkson Holdings Bhd lower by RM0.70 the next day (go here).
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