Retail trade sales were up 0.6 percent (±0.5 percent) from July 2023, and up 1.6 percent (±0.5 percent) above last year. Gasoline stations were down 10.3 percent (±1.1 percent) from last year, while food services and drinking places were up 8.5 percent (±2.3 percent) from August 2022.
Fellow supporters, Good News to all... Retail Sales in China increased 4.60 percent in August of 2023 over the same month in the previous year. source: National Bureau of Statistics of China
Malaysia Retail Data up to July 2023, USA and China Data on Retail Sales show favorable results. This is indeed a good indicator as it means good time for PARKSON CHINA. I would expect profit from CHINA segment again!
I am not 韭菜, I do lot of homework and know how to play around with this kind of recovery stock
same with CLMT also
Many 韭菜 who do not perform sufficient homework and study one do not know that Parkson is a hidden gem
same to Tunepro, it is a hidden gem just that need time, so must always buy at a price reasonably lower, so that if actual is not near to forecast or projection, can always sell first to take profit and to buy back when the micro and macro econ are better
huhu... i belum pass @bursa universiti. i need learn to survive @bursa and graduate first. just start collect back tuition fees from many years ago. hehe.
@auditorandconsultant, for your DBS Vickers, do they deposit your shares into individual CDS accounts in each 7 global market? Or do they register you directly as shareholder with each foreign share company? Or ALL under DBS Vicker nominee account?
Any advice versus Ameritrade licensed in Singapore? (Now presumably licensed under Scwab)
Pardon Parkson holders. This info is for everyone’s future benefit if venture overseas.
All stocks listed in the Stock Exchange of Hong Kong ("SEHK") are kept in Central Clearing and Settlement System ("CCASS") under the name of DBS Vickers (Hong Kong) Limited.
All stocks listed in the United States, Canada, United Kingdom, Japan and Australia exchanges are kept in Pershing LLC in the U.S. under the name of DBS Vickers Securities (Singapore) Pte Ltd.
Securities traded on the Singapore Exchange are held in the Central Depository (CDP).
hehe. so predictable. huat gais! rilek and let pang72 take over. when he is done, minus 5 sen from the high, it is safe to add. formula never fails. wakaka
@pang72 - you know your comments always want hype right? and makes no sense de. same again dis time. you said summer sale kick start. adui... sekarang sudah autumn bro. i like you as short term trader but you keep create hype do9 retailers, not nice bro.
huhu @pang72. Told you dy not nice to create hype and do9 retailers or newbie. I tell you last time your hype tactic pecah dy mah. you see your own comments start 2 days ago until today 12.30 noon.
you sudah do settlement dy? or sudah exit? next time up your ante, bro. come with better infor if you wan create hype. help newbie like us win and you win also mah. cannot you win and do9 others.
Have faith in your own plans and what you know shall not be less than others. Understand your own investing journey from your own past examples and I am sure you would have went through some experiences whereby your decisions were driven by the swing in the market/public opinions; emotional if you will. What would you do differently if you were in the same situation again today - hold, sell, rebalance, validate your initial plan (entry/exit) against the latest facts/trends and follow through, or disconnect from the screen?
There are two short term risks that could provide opportunities to add - (1) irrational market wide reaction to China's property sector and the central bank is stepping in to support/maintain liquidity (2) crowd psychology resulting in price volatility :) we have seen it recently and it shall not be the last :) Positive external headwinds - strong retail data and in this case department stores sales for July and Aug. Sep should be strong still while Q4 is starting with Golden Week in the first week of October. If the recent summer's transportation data is a good measurement, we can expect higher movement during the Golden Week's one week holiday - restaurants, stores should be packed :)
Everyone should be clear with the reasons/what makes them decided to invest/trade Parkson and be responsible for their own decisions :) As this is a public forum, one can expect all the different types of comments. Facts and figures are boring as it involves a lot of work while gung-ho/negatively charged comments are full of drama :)
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....
Why2TellMeWhy
992 posts
Posted by Why2TellMeWhy > 2023-09-14 20:33 | Report Abuse
power @audit. i tot you alredy run. hehe.