Posted by Leesk > Oct 22, 2018 12:13 PM | Report Abuse when is the AGM ? Please asked all the questions which is uncertain about the business. no dividends so many years
CMMT QR out today. Again sales, profit drop. Who dare charge higher rental or not lower their malls rental Parkson can just move out bec oversupply. Move out is easier than selling mall haha.
10. No. 195 Leasehold 228,622.0 Commercial Shopping 992.3 December 2015 Hong Kong East Road 5.12.2050 sq metres building complex Laoshan District, Qingdao (3) Shandong, China
From Annual Report: "The Group’s execution of transformation strategies involving the diversification of retail formats and optimisation of operations and omni-channel marketing has yielded encouraging returns. For the FYE 2018, Parkson China posted a positive SSS growth of 0.5% with revenue increasing to RM2,651 million. The higher revenue coupled with improved operating efficiencies have enabled Parkson China to turn profitable with an operating profit of RM111 million against a loss of RM42 million a year ago."
ks55 apek still copy paste information that he doesn't understand. If you cant read financial statements or reports don't go around copy pasting everything that you think is bad cause you don't understand. Every now and then got something new killing Parkson it seems. Think this is Godzilla movie is it? What happened to your beloved online is killing retail story?? Why never mention Parkson's continuous improvement in online retail?
Example of financial analysis: Stock: [PARKSON]: PARKSON HOLDINGS BHD Jun 6, 2018 03:59 PM
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.
Currently Parkson is the cheapest it has ever been. It's Price to Book ratio is one of the best you can find in the stock market. I believe its a buy and I recently added some to my portfolio to which I still haven't sold my older shares bought at much higher prices.
As a going concern business it is worth a whole lot more than current price. At book value it is worth a whole lot more than current price. Parkson has to continue in its direction with a few more good decisions and new investors should come flooding in. In my opinion Parkson should look into acquiring 1 good biz (preferably a strong branded restaurant chain) of reasonable size with stable cash flows & with good existing management that will symbiotically improve Parkson's sales and that of the acquired biz. This is to take advantage of Parkson's omni-presence in South East Asia. Either way current price is a bargain.
Thank you Mr TTB whom has continued to hold Parkson shares alongside Tabung Haji.
You sell from 75 sen. Why you dun want to buy back ? How many times you want to report losses ? You report losses only until die.. Many investor really disappointed.
pondan create RUMOURS again, Ringgit also down and some more PARKSON do not import products directly, their stock are provided by brand owners, department store just collect commissions when sale is done.
QUOTE: kennean Due to RMB depreciate almost 5%, it affect parkson loss RM45 mil in this coming financial results.
ks55 I am not asking you to buy. I know you already bankrupt. If you buy at 1.31 and below, surely you are unlikely to lose money.
I will not tell you to buy only after E&O already move up by 20%. That is not noble, and not doing thing in good faith. You should know whom I am referring to......... 19/09/2018 14:31
Although parkson losing hundreds of million every quarter, those who are trapped in this losing streak company will always barking faithfully. Even parkson farts also they will say the fart smells so good lol
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 > 2018-10-24 07:40 | Report Abuse
lol for long term money can b 0.85 x5 ady la..