Cover Story: Potential privatisation targets Parkson Holdings Price to book: 23.9% Net cash to share price: 96.38% Price to earnings: Loss-making Opportunity: Parkson has lots of cash on its books — RM3.197 billion — the result of the disposal of Beijing Huadesheng Property Management Co Ltd. On a net basis, Parkson has RM555.4 million cash or almost 96% of the group’s market capitalisation. The group is 32.6%-controlled by Tan Sri William Cheng.
Challenges: To take the company private, Cheng would need to muster about RM430 million (assuming a 10% premium). Funding may be challenging as Parkson is loss-making.
It also has RM2.077 billion worth of HK dollar-denominated bonds that are maturing in May this year. Refinancing the bonds may be easier with a listed entity that can tap the capital markets for funding.
but parkson18, the market has alrdy confirmed my pov on parkson by dropping to 34sens from 60sens.
so what fake news u talking abt????
btw, i m unmarried so can i fuck ur mother then????
lol.......
Posted by Parkson18 > Oct 14, 2018 04:55 PM | Report Abuse
ks55, joetay(and same ids), farkson(and your clone ids) pls read below news article. If you don't understand go back to school and learn how to your fucX your son.
osted by Parkson18 > Oct 14, 2018 04:56 PM | Report Abuse
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....
freddiehero
16,722 posts
Posted by freddiehero > 2018-10-12 20:46 | Report Abuse
aiya i just in again