AdCoolPpl just dun understand that the profit is from selling of assets and not of operation. Just like the time when they sold the business in Sri Lanka and KL Festival Mall at Setapak.
Anyway, PHB will have the cash now to continue the share buy back and defending the price from going below RM1.
ken lawParkson at least have profit compare to losses. It have net asset rm2.75 per share. it good to give confident for investors to hold long time. then the share price will up. it also given so cash to the management to rebrand the business.
Leeskwhat you see in this quarterly result -operating loss. only with a one off gain not sure what is this not disclose in detail, maybe paper profit? Any future for parkson to catch up with competitors