Supposed to be support at 23.5cts but break already,,, now dunno if will break 20cts.... sighs... seems strong at 21.5cts but with the world with so much uncertainty.... scary as percentage wise... big gap down or small gap up. But looking back last 2 yrs,,, Aug and Sept got ‘goreng’... hihi...
Support at 0.205 for now , next line will be 0.175.... sighs!..hopefully a super QR , otherwise need China retail revival or rather like TanTengBo says....China to save... haha
HONG KONG STOCK ANNOUNCEMENT ON 16/8/2024, HALF YEAR (Q1+Q2) HONG KONG PARKSON ALREADY DECLARE A LOSS RMB 18.2M, (Q1 +19.1M, Q2 -18.2M), SO TOTAL LOSS ON Q2 EST. RMB 37.2M
Parkson Retail Group Ltd. (3368.HK) announces 20% Interim Dividend of RMB0.02/HKD0.022 based on its latest price of HKD0.11, for First Half 2024, despite overall revenue slow down.
“Parkson Retail Group Limited is a leading nationwide lifestyle commercial operation service provider in the People's Republic of China. The Parkson brand was introduced to the Beijing market in the early 1990's and has now operated and managed a diversified collection of retail format including department stores, shopping malls, concept store *Parkson Beauty", city outlets and selection supermarkets. Currently, the Group operated and managed 42 Parkson stores and 2 Parkson Newcore City Malls, in 28 cities in PRC and Laos.”
Recently Parkson China have opened new Supermarket model outlet(s). Notably Parkson Credit and rental services revenues have been growing, with continuous cost rationalization strategies.
Parkson’s Beijing Financial Street building solely earns HKD271mil (12 year contract) in rental compared to its current Market Capitalisation of HKD379mil.
I am not asking people to buy a shares when the price was already pushed up high. there some some syndicate when come promoting a share when the price already pushed up. beware of this Pang 72 .
19% + dividend expiring/ex date coming soon for Hong Kong shares.
Parkson Retail Group Ltd. (HK) Free Cash Flow (FCF) has been increasing for the past few years based on Gurufocus website hence the 2nd Consecutive Year for Dividend payout? Last year 9% dividend payout based on previous share price. FCF calculated by gurufocus website is higher than its market capitalization.
Quite crazy undervaluation of Parkson HK shares. Price: RMB0.10 + Dividend: RMB0.02
Disclosure: I own Parkson HK shares, Long position. No short positions in any Parkson shares.
All small caps are like the worst position post covid... despite good QR.. This index shot up high does really coated by the banks rally... probably to price in the recent annoucement on gov salary increase... none others..
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....
Edwardong53
729 posts
Posted by Edwardong53 > 2024-05-29 12:41 | Report Abuse
Would appreciate if one could give any info of today AGM