Meanwhile, the group has seen returns from the transformation strategies implemented for Parkson China, resulting in a 4% increase in revenue to RM1.319 billion and RM32 million in operating profit for the six-month period.
WC and joetay are same gang one, both of them don't want the share price to go up, if not just declare a special dividend of RM 0.50 per share for the 30th anniversary celebration, since the cash on hand is 2.5 billions, still got a lot of cash after paying 100% dividend.
Either use the cash to pay all debts or issue a RM0.5 per share SPECIAL DIVENDEND can help the share price but apparently WC don't want the share price to go up.
Must have holding power for this share, Synticate like KS55 and joetay are collecting but at lower and lower price. First queue a lot at RM0.495, then 0.490 .
All comments avoid the fact that parkson got 2.5 billions cash + FD and market capital is only 0.5billions (source from latest quarter report). Can easily declare a RM0.50 per share dividend.
30m special loss is from Parkson China, because Parkson China is going to pay Parkson Malaysia CNY 100m before 30 April. Haters didn't do homework, no standard.
You cut loss? When? Why so long never post? I saw your post cutting loss at Swk Plant at 1.65. It never go down lower but up yesterday. No money better go to work don't buy stocks to later cut loss.
Posted by ivan9511 > Feb 28, 2018 12:31 AM | Report Abuse parkson never net profit , no more , I think 30sen soon
Expert like publuc mutual fund say price target is RM0.75 before current quarter report (which should be revise higher after the release of current quarter report) but idiots here say 30c .
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....
limch
3,262 posts
Posted by limch > 2018-02-26 22:50 | Report Abuse
Impairment loss bec high assets value(NTA 2.24) not operational.