Companies Review

Parlo Berhad

jakeT
Publish date: Wed, 06 Nov 2019, 10:21 AM

Recently I have been following this company due to the movement of its share price.

 

For simplicity sake, if you look closely, the trend seems to be changing as price starts to trade above its moving average, volume starts to pick up and V shape price pattern.

Hence, I did abit of Googling and saw this.

Apparently, it feels like they are moving towards the digital side of business.

 

These articles were picked up from Focus Malaysia. Here's a food for thought. 

  1. Does this mean more cross selling opportunities? In addition, I believe their travel agents who use their platform would have to pay a fee on top of a commission fee whenever there’s transaction. Does this mean Parlo potentially be taking 2 slices of the pie?
  2. And they have already secured over 300 travel agents in a month?
  3. Potential collaboration with Klook as a gateway to bring its platform to international scale? As far as I know Klook is currently valued above US$425 million and is growing rapidly

 

 

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