start buying parkson today , min 0,885 max 0.895 . with me and Parkson good luck. I beleive parkson will profit next q , because thier mgnt already chgn startegy last year, this time report no good because just start doing improvement so is reasonable need more expenses on the begining part when china market wake up, profit will improve . so I chgn my fund from CIMB into Parkson. some people clAIM ME VERY BRAVE ?
Buy this share almost like gambling either win or lose. Having said that, with this level of price now is safer then those bought more higher. All are in the same boat. Hope the captian will not direct as to holland. Good luck.
Nokia CEO ended his speech saying this “we didn’t do anything wrong, but somehow, we lost”. During the press conference to announce NOKIA being acquired by Microsoft, Nokia CEO ended his speech saying this “we didn’t do anything wrong, but somehow, we lost”. Upon saying that, all his management team, himself included, teared sadly. Nokia has been a respectable company. They didn’t do anything wrong in their business, however, the world changed too fast. Their opponents were too powerful.
They missed out on learning, they missed out on changing, and thus they lost the opportunity at hand to make it big. Not only did they miss the opportunity to earn big money, they lost their chance of survival.
The message of this story is, if you don’t change, you shall be removed from the competition.
It’s not wrong if you don’t want to learn new things. However, if your thoughts and mindset cannot catch up with time, you will be eliminated.
Conclusion: 1. The advantage you have yesterday, will be replaced by the trends of tomorrow. You don’t have to do anything wrong, as long as your competitors catch the wave and do it RIGHT, you can lose out and fail.
To change and improve yourself is giving yourself a second chance. To be forced by others to change, is like being discarded. Those who refuse to learn & improve, will definitely one day become redundant & not relevant to the industry. They will learn the lesson in a hard & expensive way.
Parkson didn’t do anything wrong, but somehow, it lost.
Sales on Singles day (11.11) by Alibaba (USD 14.3 billion or RM 60 billion) is equivalent to 5.04 times PHB Gross Sales Proceeds (RM 11.9 billion) for the whole financial year of 2015.
WC need not do anything wrong, by not doing anything right, he is bringing Parkson to holland just like Nokia.
PRA is now at S$0.156. It simply reflects how Singaporean think of the future for traditional departmental stores like Parkson.
I wish to reiterate, Parkson share valuation is only worth 75 sen, taking into consideration of PRA and PRGL current share price. With 30% discount for holding company, plus yesteryear business model, plus risk of forced selling by Affin Hwang (Penang) on WC pledged securities, safe bet on Parkson is 50 sen.
It is now up to you to rebut my opinion as stated above. I am more willing to accept reasonable argument rather than statement like WC can buy back more share cheap-cheap at 50 sen. I am still skeptical about the wisdom of share buy back at 4.50pm each day. To me, it amounts to manipulation of closing price to avoid further margin calls. Any form of manipulation of share price is a criminal offence regardless its motive. Repco Lau went to jail for 5 years on similar offence............
William bring all the investors here jump to River. Can continuing support or argument ,but share price never go higher again..... you can see all the investors here is loses.
Smart WC. Use Agong money to buy back his own shares. He secure the money in his pocket and let the Agong mati itself. Reducing his own personal exposure risk to PHB.
PHB is now confirmed a sunset company with no actual operating profit in 2015 if not for the disposal of asset and a gain of RM136.3 million. Cash flow of 1 billion is being financed with debts of RM2.8 bil with majority of the borrowing in USD of USD560 million. There was no repayment of loan/borrowing in 2015 and the finance cost itself was RM60.2 million in 2015 compared to RM42.5 million in 2014. This clearly show that the debts has increased tremendously.
If USD continues to stay strong and Yuan and MYR cont to stay weak, PHB would really be stressed up due to its debts in USD.
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....
GoldenShares
3,543 posts
Posted by GoldenShares > 2016-03-01 09:46 | Report Abuse
yes, 加油, : )