BETTER SELL OFF PARKSON BEFORE SUPPORT IS REMOVED AND IT CRASHES!
SELL PARKSON AND SWITCH TO BJ CORP NOW TO PRESERVE CAPITAL!
ks55Investment cycle clock at 1205hr. When market is down, bad share drop, good share also drop. Still recommend people to buy? Chow lah! Park your money in REITs. Wait till market down by 30%, then can convert your REITs to share.
kc3255ckCalvintaneng must be charged under Sedition Act
Kian Leong LimMr. Cheng, you use the Parkson money to buy treasury shares to support shares prices. I thought it was a good thing for you to think for the shareholders. But when you give back the treasury shares back to shareholders as special dividends and you start selling shopping mall to raise more cash. I began to wonder: what is the point for me to hold on to the shares of your company that has to sell properties to raise cash to buy treasury shares. isn't it ? you tell me. What is the point for shareholders to hold more shares on a company while you are selling away company assets? Is this a good thing to do while you gain more shares at the expense of selling away company assets? I know you want to sell those shares away when the economy recovers but....The economy is so uncertain, it may stay bad for another 10 years, who knows. I hope you pray that you have enough assets to sell for 10 years!
Kian Leong Lim"People" factor is the most important element you need. Whatever you do, the focus should be to satisfy your customers (the people). Building malls and cutting down on expenses should be tailor at making customers more happy. You try to save here and spend there to extend your lifecycle is not going to help Parkson at all. You must change the whole culture at Parkson and go after what customers will need in the future. Buying time is not the way out, your competitions like Aeon will grow so big that all your businesses will be taken away. It is good to reduce the number of locations to cut down on expenses. But whatever that is new has to put "people" as the first place. That is why they said: You can never just count on Good Luck (Good Economy) alone.