Parkson drop is so obvious (bad trick). Huge property assets, never revalue (all undervalue) last year sold one peking mall, make huge profit. All profit write off intangible assets. Now in Parkson Malaysia account intangible asset is zero. The book intangible all belong to Parkson HK. It purposely make loss accounts. VERY GOOD. I just worry, it privatize only.
Your post at least is good. Our worry is WC privatise low price like many ctrs bashed down a lot lately.
kennean Parkson drop is so obvious (bad trick). Huge property assets, never revalue (all undervalue) last year sold one peking mall, make huge profit. All profit write off intangible assets. Now in Parkson Malaysia account intangible asset is zero. The book intangible all belong to Parkson HK. It purposely make loss accounts. VERY GOOD. I just worry, it privatize only. 16/10/2018 19:09
All bad issue in accounting r clear. The USD500 Mil bond r buyback with Peking bank loan. Almost all loan in RMB. Huge exchange loss never happen again. Even they write off the trade debtor 13M in last financial accounts. Now the balance sheet should clean. All depend on operation profit only.
Yes, I agree it high loan. But, the loan are back by peking bank last year (RMB 5bil from HK parkson). Parkson got peking mall / tainjin mall / shangai mall , all are undervalue. Peking bank was no ordinary bank, WC want do run away no easy.
This few year loss almost all are write off intangible assets in Malaysia account. China operation are improve, some Korea shopping mall restricted in china. It save parkson sales in china.
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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....
antipondan8
14 posts
Posted by antipondan8 > 2018-10-15 16:09 | Report Abuse
PGRL rebound why hard to say?