Highly oversold? You might as well wait and see how fire sales begin when pledged securities done by creditor banks.
Still praying hard for WC to take Parkson private? Still believe WC can borrow any more from bank? Still think WC can swim instead of diving with no return?
Keep it longer you will see Parkson become PRA trading at 1.8 cent...........
TH holds 105 million Parkson shares since 2013/14 at more than 4 ringgit a share. Now only good for 28 sen at best. So TH net loss in Parkson alone amount to 380 million.
What about Amsteel Corp Bhd ? Now already delisted and changed to ACB Resources? Another 3-4 hundred million gone.
Again all these losses will be passed to you and me via Ministry of Finance sukuk.
More important is govt set to let go all these zombie stocks including 105 million dying Parkson. So this dying meow-meow is going to 20 sen and below very soon...........
Parkson got so many deposit in Hong kong's bank. Why WC no money ? Parkson cash flow still stronger in Lion group. Lion Industri can goreng, Why parkson cannot ?
Bought 0.265-0.270, sold 0.275-0.280. Thanks Cheng Yong Kim for your donation today. Pls tomolo sell me more 0.270 and below as you know that parkson management prove 5 quarter that they are incompetent, eat money for themself and self fish people.
WC, agree with you that you should consider taking PRA private first. No longer relevant to list at this ridiculous low price. Hope you follow through by taking PHB private too, cheers.
the bleeding been happening since 3 years ago. the current parkson management is incapable to manage the company in profitable ways. should be sacked .
very simple theory. selling things also lose money. selling chicken rice lose money u dun sell la niama . 3 years selling things and lose money..
jasontan1177 is correct. What da heck is management doing if the company can't even profit RM1 in a year? Incapable management should be replaced. Parkson has no hope unless others initiate takeover of company to transform it.
Posted by parksonnewbie > Dec 17, 2018 05:05 AM | Report Abuse X james88 what products JCY sell? Why must people buy JCY product? Why it is 19 sen today?
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....
ks55
4,221 posts
Posted by ks55 > 2018-12-12 10:18 | Report Abuse
Highly oversold?
You might as well wait and see how fire sales begin when pledged securities done by creditor banks.
Still praying hard for WC to take Parkson private?
Still believe WC can borrow any more from bank?
Still think WC can swim instead of diving with no return?
Keep it longer you will see Parkson become PRA trading at 1.8 cent...........