joetay.. you are still asking the same questions ppl have answered you. Why not instead give some facts or proper analysis & tell us why your beloved alibaba/wanda/auchan is somehow going to kill off all retailers inlcd Parkson?
If you are just going to say cuz Alibaba is online thats nonsense. Online is NOT a 1winner take all game. Besides, Alibaba has been going around buying stores like Parkson i.e. Intime that are brick and mortar departmental stores. Why? Cuz we are in lifestyle era of retail where ppl go to malls to socialise, relax, eat drink etc while shopping for goods. This has been core in Parkson's transformational strategy.
One example answer fr last year: Sep 19, 2017 04:03 PM Good news regarding online business issue (as I mentioned before in today's news).
Online businesses that can sell at lower prices as they currently pay little to no tax will now onwards be subject to incoming tax regulations.
Once online business cannot sell at lower price, they will lose to bigger companies like Parkson as they cannot get bulk discounts and due to economy of scale benefits that Parkson has.
You have been saying nonsense for a longtime and haven't stopped including now. Go and read what was Intime and why Alibaba kept on buying physical operations post listing. Alas. What weak financials you lying about? How is Alibaba/wanda going to win everybody? Give opinion with reason not just give opinion and proclaim yourself the smartest person.
There, another financials example of Parkson when it was still making loss last year but Cash Flow still strong:
Sep 13, 2017 10:32 AM | Report Abuse
" Stock: [PARKSON]: PARKSON HOLDINGS BHD Aug 24, 2017 11:52 AM | Report Abuse
Parkson Retail Asia Q4 2017 Cash Flow seems to be much higher.
OPERATING CASH FLOWS before changes in working capital:
Year ended 30/06/2017; S$19,164,000 Year ended 30/06/2016; S$25,130,000
Today: Yes I am a junior in the stock market that knows how to value businesses and comment on businesses I either know about or own.
ks55, why don't you sell me/us your stocks and go play golf? UNLESS, you don' have any stocks and are being paid to give negative comments & FALSE statements.. We've been reading your asinine comments for 2 years plus now.
Real investors and even traders here will make money as long as they don't sell Parkson shares and buy more until it reaches its actual valuation RM1.40 and above. "
FYI: This year Parkson already making profit plus NTA is RM how much? RM2 plus. To fund investors dont keep playing push down game. Play price recovery everybody make money game.
BY Financial muscle you mean high Debt levels. So every company you mention has the same business model, same financials, same debt levels, same connections, same everything as Parkson and comparatively you think you companies are going to win each other? SO Wanda kill off ALibaba cause is more established, ALibaba Wanda AUchan all got good distribution so all kill off each other?
If you want to analyse, tell one by one company, give some info from their reports at least or some published news. Don't randomly choose different companies and say they going to take over the world. And with such flimsy opinions scaring ppl into selling you Parkson cheap cheap. I also can play same game. Scare ppl and buy cheap and sell high but i choose to evaluate properly and give proper opinions.
I'm giving old examples of answers to joetay questions. Cash Flow can be good but make loss on P&L cuz of high new investments written down necessary as depreciation etc for transformation efforts. If you read any report you will know this. That is old news. New news is Parkson is going to recover to RM2 and once big funds with proper managers come in price going to recover much more.
SIngapore may connect their stock market to Malaysia. This may benefit local stocks and dual/triple listed stocks like Parkson.
sigh. joetay cant answer anything as usual so resort to attacking the people in this forum. ks55..the last part was from last year ending with inverted brackets. Nobody here has time to waste but someone has to set things straight for the benefit of all real investors.
Calling oneself priceless when losing money and trying to make fun of people making money . Pure pathetic . That what I call priceless kind of mental people
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....
Undilah_DAP
415 posts
Posted by Undilah_DAP > 2018-06-06 14:59 | Report Abuse
joetay why you still here? Better answer question in JCY.