Below RM1 is imminent. PRA and PRG are making loss. First ever. Now you know why WC so good to propose a special dividend of 10 cents. Just a proposal by the way.
Who want to sell Parkson at RM1? 10sen dividend coming. DY is 8.55% at RM 1.17, at RM 1 DY is 10%. The cheaper Parkson become the more higher is Parkson dividend yield. Adcool please sell all your Parkson cheaply on Monday. I am willing to pick up more. Please tell me which counter can give 10sen dividend at Parkson price.
Adcool not just a proposal. Parkson has enough profit and money to give 10sen dividend.
Time will tel, Parkson. I'm sorry that I am unable to sell to you as I have sold all my shares when it was trading at Rm1.70. You should have bought more that time when I was busy selling. But I didn't notice you during that time else I would have informed you first.
Everyday u see it...it is new...NEW LOW!!!!!! Like the umwog......brothers counter.....William Cheng is lousy guy..parkson will follow lion and go to hell sooner or later....
Keep for longer term. Prospect is still bright .Somemore parkson has transform itself become lifestyle retail mall with introduction of f&b. Introduction of more in house items will boost its margin too.
Parkson has been dropping since mid 2011 and still no sign of rebound. Even KLCI rebounded today, it is still dropping. The share price is very weak. And there are still kamikazes averaging down???
It has been sliding over the past weeks but today's sharp drop is still a surprise. Some big investor is obviously unloading. Or maybe this is bank-related...forced selling of collateral for some loan.
Early this month, I was commenting whether AirAsia or Parkson would hit RM1 first. Apparently, AirAsia is far ahead of Parkson to hit RM1 first. Now Parkson is catching up. AirAsia already a penny stock and Parkson going to be by this Friday.
That is the 'leceh' part about trying to be "a value investor". Both Parkson and AirAsia looked to be very attractively priced. These companies are actually making profits and giving dividends.
Sure, we can comfort ourselves that we're holding these for the long term. Most likely those who have the stamina to wait will likely make profits. And others will be kicking themselves for not buying these counters when they were on sale.
But it's no fun to buy something and then see it slip ever lower...even though we intend to wait it out. Might be better to buy only when we're reasonably sure the bottom has been reached, and there's strong support at a certain level...even though our buying price is higher. Consider that as "premium for safety".
I had planned to buy but the drop from this morning has made me hesitant. Going to wait a bit more.
Just share buy back instructed by WC under personal acc. instead of under company/director.. So no need make declaration, I guess. Tomorrow will fall back again especially when QR out.
Parkson incur BIG LOSSSSSSSSSSS RM -91m, EPS = -8.75sen.............What a narrow escape.....lucky sold all today at 1.12, reap 7sen/share contra profit.....otherwise, tomorrow ....share may slump to below RM 1.......
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
hpcp
450 posts
Posted by hpcp > 2015-08-21 00:03 | Report Abuse
Revenue declined, not a good sign