No eye c...today bought some 3.03 &. 3.04, average down to 3.19, but still far to touch 3.08, think really need to keep aside, wait it touch 2.90 then start collect again
If the company feels that the current share price is undervalued, it should be more aggresive in its buyback of shares as it has a lot of cash in hand. this would also stabilised the share price.
No U-turn yet... anything can happen. When for it to u turn and stabilize bfore u jump it. Dun catch a falling knife. Catch it when it is uptrend . Buy more expensive nvr mind.......at least u known the boottom.
Parkson’s current valuation is unattractive relative to PRG and Parkson Retail Asia (PRA) as its overall market cap is trading at a huge 40 per cent premium to its combined share of the market cap of both PRG and PRA.
i am not sure who are selling Parkson shares. No major shareholder announcement on disposal but there is active buyback of shares by Parkson. Maybe management should buyback more to stop the fall in parkson share price.
brace, looks like someone is concerning to get cash back only, price is not a concern to them...buyers side the lower the better, price may continue to fall...
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....
benson911
639 posts
Posted by benson911 > 2013-12-18 13:13 | Report Abuse
If RM 2.5, still possible...I think RM2 unlikely.........