Concerned shareholders should attend the AGM to be scheduled normally in November to demand explanation from the Board on future direction of the company. Parkson problem is the lack of vision and strategy. How to compete with Aeon, Isetan, Sogo etc on the retail market. Maybe it is time that Tan Sri pass the baton to younger generation and he should enjoy retirement instead
TP always is a tp. don't listen to them too much. They can easily turn their TP as and when they like. From TP 3 can suddenly become 1.6 with a lot of accuses. They are big sharks.
Not much down today. Hope will up by tomorrow.Parkson will recovery after asia economy become bettet. It take time. It profit main on purchase confidence of the consumer.
Who want to sell William Cheng can buy more. Expect to see more people going to Parkson as Deepavali is approaching soon. Minimum wage increase meaning people has more money to spend.
undervalue? not really. Just the chance for accumulate, because when business turn good, price will up very fast, u no chance or not dare to catch at that time. So better buy at this comfort level.
my average price for this counter is 1.35 and it is never a worried issue for me, once people comfort with GST market sentiment back, profit on next QR u will see it fly again. Also, although china slow down, china private consumption still high and is still growing strongly. Don't forget Parkson branding too
Q3 2014 earning was 20.2 million. do you think Q3 2015 earning is higher than this? If lower, price sure go down again.
But I believe PHB has reached a bottom price around RM1-RM0.99 cause even last quarter with 90.9 million loss and failed in getting shareholders approval in buying PRA, it didn't go down further. These two news were the worst news for PHB ever for the past 3 years and yet it didn't depress the price further.
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....
paperplane2
3,235 posts
Posted by paperplane2 > 2015-10-13 10:58 | Report Abuse
hng33 Sold off all at 1.08, realize contra loss
13/10/2015 09:04
?? WHAT>? what a wrong move...........