This is a monthly chart of Parkson, showing from RM to below 30cents ... no, it is not from RM1 peak ... so, I shown the historical chart in my facebook ... it was from RM20 level at peak before 1998 crash ...

Today, I read that they are closing the Suria KLCC outlet and I m not sure if this stock would be de-listed anytime soon as I do not read much.


Aeon : This is Jusco ... would it face the similar fate? Brick-n-Mortar ... I have written about them some time as many large retailing shops/names in US are collapsing too ...

So ... as we could see, Parkson is biting the dust ... and has always been related to TTB as he was an 'investor' in her. We have to admit wrong ... and move on. I used to like Parkson or Aeon too some years ago, before the emerges of e-commerce.

Sears : https://www.businessinsider.my/sears-bankruptcy-reports-downfall-photos-2018-10/?r=US&IR=T


Heard of JCPenney ? Here is the chart.

Anyway, avoid the sunsetting biz is the best ... and investors DO NOT buy into losing money and downtrending stocks, ok?

Feel sorry for those still stubbornly holding to Parkson ... and perhaps, Aeon?

TEH