Also dun use high cost as an excuse . if your company operation cost is high , would you not try to lower down the cost ? unless you purposely doing so, make the company sank into red .
Parkson share price being press down , when lion group are having tough time last 2 years ago. I guess someone purposely to press down the price to make money. one day you will know when parkson go back to 2 , 3 RM .
It looks like mall retailing slowly becoming a sunset industry. Aeon, Parkson, Tstore are facing a very challenging future. Don't under estimate the potential of E-commerce trend. In the near future, people may be able get price and place an order of a product on internet instantly while doing window shopping.
What sunset industry weekend u got go aeon patkson or not. Can u see the crowd. Mark my word parkson will go back above 2 rm when the boss collect enough
ks55, appreciate ur detail comments. Dept store is sunset business. online shopping is the trend that cut down middleman and rental cost. this is the fact of retail model. high cost of mall rental and labour is hardly reduce and traffic of shopper is getting lesser and squee out by online platform. shopping mall in China and SG mainly target family oriented business like F
choonyong is your post meaning people no more go to shopping malls to shop? All stay at home and buy everything online?
Posted by choonyong > Jun 19, 2016 10:52 AM | Report Abuse ks55, appreciate ur detail comments. Dept store is sunset business. online shopping is the trend that cut down middleman and rental cost. this is the fact of retail model. high cost of mall rental and labour is hardly reduce and traffic of shopper is getting lesser and squee out by online platform. shopping mall in China and SG mainly target family oriented business like F
IN TIMES OF RECESSION WHEN MONEY IS TIGHT BOTH WILL BE IMPACTED. PADINI WILL STILL SURVIVE WHILE PARKSON OVER A LONGER TERM WILL LOSE ALL ITS CASH. WC IS DESTROYING ITS CASH HOARD BY FOOLISHLY THROWING GOOD MONIES INTO THE BOTTOMLESS PIT.
ONLY ONE CLASS OF STOCKS YOU CAN NOW BUY AND HOLD FOR THE NEXT 3 YEARS. ALL OIL PALM RELATED STOCKS DUE TO EL NINO AND LA NINA.
Calvintaneng you must ask whether the person who start this blog whether he agree. Why he start his blog? After so many comments why no comments from him?
Posted by calvintaneng > Jun 19, 2016 11:54 AM | Report Abuse Posted by Parkson > Jun 19, 2016 11:45 AM | Report Abuse
IN TIMES OF RECESSION WHEN MONEY IS TIGHT BOTH WILL BE IMPACTED. PADINI WILL STILL SURVIVE WHILE PARKSON OVER A LONGER TERM WILL LOSE ALL ITS CASH. WC IS DESTROYING ITS CASH HOARD BY FOOLISHLY THROWING GOOD MONIES INTO THE BOTTOMLESS PIT.
ONLY ONE CLASS OF STOCKS YOU CAN NOW BUY AND HOLD FOR THE NEXT 3 YEARS. ALL OIL PALM RELATED STOCKS DUE TO EL NINO AND LA NINA.
My blog post is to provide a personal opinion of myself. That is just what I think. Parkson COULD be a value trap, it is not Parkson IS a value trap.
The purpose of my blog is to open up good and polite discussion among my readers, not hostile arguments. i3investor.com should play its role in making sure that members are responsible with what they say.
For those who wish to stay updated to my blog, please be my subscriber @www.valueinvestingstock.com/subscribe. You will be given a free eBook upon subscription. Thanks.
You mean Prangin Mall Parkson closing down? Not bankrupt just close down unprofitable Parkson outlet. Today Parkson up back so this blog title look like wrong.
Posted by Apollo Ang > Jun 21, 2016 09:05 PM | Report Abuse remember georgetown? bangrupt already
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
PeterW
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Posted by PeterW > 2016-06-17 15:59 | Report Abuse
0.50 can buy