Interesting that PHB's NTA is more than 2.00. But after seeing the results of the other Lion companies, must take this with a pinch of salt. With friendly accountants and auditors, you can hide and decorate a lot of things into looking more attractive than they really are. Not to accuse PHB and those involved of anything, of course.
But it's always prudent to be sceptical and suspicious. Especially after seeing the results of the other companies. Their NTA had looked decent too...until things couldn't be hidden anymore. If naive investors had based their buying on NTA alone, they'd have thought Lion Div etc are "good bargains"...until the impairments and write-offs are taken into account.
Would be interesting to see how PHB fares in the coming weeks and months. Could there be better times for it? William Cheng shoyld
William old investment strategy bring him more difficulty, Lion group already difficult to go out loses problem. Actually all the company should be independent ,no connection to each others, any company loses must settle their own... No CASH transfer to help problem company, transparent will help him better life.
They should reinvent their business model and close more stores. Those that still want to debate there is nothing wrong or their biz model is not broken is really deluded.
"The reality of the situation is that technological advancement is moving at the speed of light. By the time the owners and directors wake up, someone has taken their lunch. NOTHING BROKE. It was just taken away." Tan Thiam Hock
Where is the proof when your postings mostly only in Parkson as proof here. Like berjaya I agree he own BJ Corp because I can see his postings really there but how about you? http://klse.i3investor.com/servlets/cube/post/ks55.jsp
ks55 If you still want to attack 'my counters', you are welcomed. I hold 15 out of 17 Reits in the market. If you 'attack' all the 17 Reits, you strike 15 times out of 17. Success rate is 88%.
SBB 850K today heaviest in 2016? Why Parkson still got so much money to do SBB? Whose shares sold? Definitely not WC who must announce.
Notice of Shares Buy Back - Immediate Announcement
PARKSON HOLDINGS BERHAD
Date of buy back 26 Aug 2016 Description of shares purchased Ordinary shares of RM1.00 each Currency Malaysian Ringgit (MYR) Total number of shares purchased (units) 850,000 Minimum price paid for each share purchased ($$) 0.745 Maximum price paid for each share purchased ($$) 0.745 Total consideration paid ($$) 635,665.12 Number of shares purchased retained in treasury (units) 850,000 Number of shares purchased which are proposed to be cancelled (units) 0 Cumulative net outstanding treasury shares as at to-date (units) 59,466,480 Adjusted issued capital after cancellation (no. of shares) (units) Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%)
yucaihacai bought Parkson at 0.72, sold all 0.735. Thanks to company SBB. tomolo 鱼虾蟹继续挑战新低。 So interesting, how much do you made RM or SEN? Is it enough to buy xx sticks Of Mc RM1.05 ice cream. Can it be just a few peanuts to feed parkson's monkeys?
Those cut loss your loss is your actual loss and nobody will compensate. SBB still continue everyday perhaps another share dividend again next few months. William Cheng still not selling any shares despite sharp drop.
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....
Mat Cendana
2,340 posts
Posted by Mat Cendana > 2016-08-25 10:59 | Report Abuse
Interesting that PHB's NTA is more than 2.00. But after seeing the results of the other Lion companies, must take this with a pinch of salt. With friendly accountants and auditors, you can hide and decorate a lot of things into looking more attractive than they really are. Not to accuse PHB and those involved of anything, of course.
But it's always prudent to be sceptical and suspicious. Especially after seeing the results of the other companies. Their NTA had looked decent too...until things couldn't be hidden anymore. If naive investors had based their buying on NTA alone, they'd have thought Lion Div etc are "good bargains"...until the impairments and write-offs are taken into account.
Would be interesting to see how PHB fares in the coming weeks and months. Could there be better times for it? William Cheng shoyld