I am no noisy55. You can recognize me from the way I write and personal attack isn't my style at all. I m here for discussion and seeking other's opinion as well. everyone is open to his/her opinion or thoughts. No one is forced or obligated to follow blindly just like what you said all this while.
Why nobody suggest Parkson to continue share buy back? Buy back shares when share price is low can save money and proof to people Parkson still have money.
Aggresive share buyback started around end 2012 / early 2013 and the price then was above RM4. 4 shares dividends since then and now the price is RM1.29. I really have no idea on how you justify the share buyback program being able to lift the counter's price.
The weakening ringgit and unabating political issues in the country are affecting consumer sentiment and negatively impacting the local retail sector.
The weak ringgit is affecting the cost of goods due to higher import cost, according to Retail Group Malaysia (RGM) managing director Tan Hai Hsin.
“This will lead to higher retail prices.
“Higher import costs are affecting all retail sectors, from grocery stores, restaurants, fashion stores, furniture stores, electrical and electronics stores.
“Higher retail prices will be more apparent by the third quarter of this year. By then, Malaysian consumers’ purchasing power will decline further,” he told StarBiz.
He added that the current political developments in the country were affecting retail sales indirectly.
“The current political situation is affecting the consumer sentiment level or buying mood of Malaysian consumers. They are frustrated, confused and are uncertain of their future in this country. As a result, they are less willing to buy more.
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....
tc88
573 posts
Posted by tc88 > 2015-07-20 23:28 | Report Abuse
Where is Tan Teng Boo, Parkson is his darling last time......
Mayb Hooi and TTB is same kaki.