Cities Parkson rental and salary higher but sales also higher but is it enough to cover expenses? 2nd 3rd tier cities rental salary lower but sales also lower but breakeven point lower?
Having said that Parkson in KL/Klang Valley if cannot make money should close more stores is my opinion like they have closed Maju Junction and Sg Wang earlier this year. So is cities/towns more than 1 Parkson outlet. Eg got 2 Parkson in Pg island close 1 if 1 is losing money.
joeytay, i believe i know the china's market well... you can say whatever that don't really bothering me.... few points you made to me (CNY, math logic) show that you are not a retail operator and also you don't even know how to read retail operation's financial statement.
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....
Parkson18
167 posts
Posted by Parkson18 > 2018-08-29 05:31 | Report Abuse
At least Parkson has net cash more than current price. AGM coming time can some1 please attend to ask Parkson give PRGL and PRA as dividend.