THE INVESTMENT APPROACH OF CALVIN TAN
Parkson going to have a strong bollinger band rebound (Calvin Tan)
calvintaneng
Publish date: Tue, 14 Feb 2017, 08:45 AM
calvintaneng
0 1,841
Hi Guys,
I have An Investment Approach I which I would like to all.
I have An Investment Approach I which I would like to all.
Parkson going to have a strong bollinger band rebound for these reasons:
1) Disposal of China Assets will bring in a 29 cents windfall. That's a nice whopping 45% gain with latest closing price of only 63.5 cts.
| PARKSON HOLDINGS BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description |
Announcement by Parkson Retail Group Limited - Very Substantial Disposal: Disposal of the Entire Equity Interests in a Wholly-Owned PRC Subsidiary and the relevant Shareholder's Loan |
We attach herewith the announcement made to The Stock Exchange of Hong Kong Limited (“The HKEx”) on 13 September 2016 by Parkson Retail Group Limited (“PRGL”), a 54.67% owned subsidiary of the Company listed on The HKEx, in relation to Very Substantial Disposal: Disposal of the Entire Equity Interests in a Wholly-Owned PRC Subsidiary and the relevant Shareholder’s Loan (“Transactions”) (“PRGL Announcement”). A copy of the PRGL Announcement is attached herewith.
Unless otherwise stated, the terms used throughout this announcement shall have the same meaning as defined in the PRGL Announcement.
The Board wishes to announce that arising from the Transactions and on the assumption that the Transactions are completed in the financial year ending 30 June 2017:
(a) the earnings of the Parkson Holdings Berhad Group (“Group”) for the financial year ending 30 June 2017 will be higher by approximately RM300 million (28 sen per share);
(b) on a proforma basis, the net assets of the Group based on the audited consolidated statement of financial position as at 30 June 2015 will be higher by approximately RM300 million (29 sen per share);
(c) there is no effect on the issued and paid-up capital and the substantial shareholders’ shareholding in the Company; and
(d) there is no material impact on the gearing of the Group.
(For the purpose of this announcement, the exchange rate of RMB1.00: RM0.61 is assumed)
|
|
2) Since August 2016 Tan Sri Cheng is buying more than his disposal of Parkson shares. So there is hidden, silent accumulation.
| TAN SRI CHENG HENG JEM | 30-Sep-2016 | Acquired | 56,000,000 | 0.750 |
 |
| TAN SRI CHENG HENG JEM | 30-Sep-2016 | Disposed | 56,000,000 | 0.750 |
|
| TAN SRI CHENG HENG JEM | 22-Sep-2016 | Disposed | 8,310,271 | 1.006 |
|
| TAN SRI CHENG HENG JEM | 08-Sep-2016 | Disposed | 5,613,042 | 1.006 |
|
| OOI KIM LAI | 29-Aug-2016 | Acquired | 9 | 0.000 |
|
| TAN SRI CHENG HENG JEM | 29-Aug-2016 | Acquired | 31,430,993 | 0.000 |
|
| TAN SRI CHENG HENG JEM | 17-Aug-2016 | Acquired | 5,000,000 | 0.800 |
3) Parkson share price has now fallen to attractive level compared to its Net Assets. Although its conventional business is still bleeding losses the ASSETS IN PRIME LOCATIONS HAVE QUIETLY APPRECIATED IN VALUE.
So Parkson is an oversold share ready for a strong rebound.
THIS STRONG REBOUND WILL COME ALIVE WHEN NEXT QUARTER RESULTS OF 29 CTS WINDFALL IS OFFICIAL ANNOUNCED
As price of Parkson has fallen to all time low there is limited downside now. So the risk and reward favours the brave who dare to take position now.
This is not a buy or sell call
Just Calvin's observation.
Cheers!
Calvin Tan Research
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Discussions
Be the first to like this. Showing 13 of 13 comments
KKP IS OK
HE KEPT HIS PROMISE LAST TIME WHEN HE DISTRIBUTED 8 CTS CASH FOR PM CORP SHAREHOLDERS
2017-02-14 10:27
PLENTITUDE, DAIMAN, KSL ALL VERY GOOD
FOR NOW DUE TO MARKET EUPHORIA 3RD LINERS BEING HOT MIGHT GO UP MORE BY PERCENTAGE
DUE TO THEIR HIGH BETA AND MULTIPLYING FACTORS.
AFTER THIS ONLY PLANTATION STOCKS LEFT. CPO AND OIL PALM WILL BE THE ONLY THEME PLAY LEFT FOR NEXT YEAR OF 2018 WHEN EL NINO AND LA NINA IS AT THEIR PEAK CYCLES
2017-02-14 10:34
good morning calvintaneng ,Sanichi is undervalue ? do you like to analyse this company properties development project in Melaca ?
2017-02-14 10:41
Posted by SOP2 > Feb 14, 2017 10:41 AM | Report Abuse
good morning calvintaneng ,Sanichi is undervalue ? do you like to analyse this company properties development project in Melaca ?
SOP2
Haven't study this one yet. So cannot comment. I heard Mara wants to goreng this counter last time. But Mara Bosses kena investigated for their con job in Australia.
If Sanichi has properties in Melaka it will be very good
Melaka after ISKANDAR will be the next Boom Region
2017-02-14 10:46
HAHAHA
DO YOU KNOW THAT CALVIN ONCE BOUGHT MUDA AT 32 CTS? MUDA WAS RECYCLING RUBBISH IN KAJANG & SENAI FACTORIES
MUDA THEN SHOT TO TO OVER RM2.00 FOR A NICE 700% PROFIT FOR CALVIN
AND DO YOU KNOW THAT THE RICHEST BILLIONAIRE WOMAN IN CHINA IS DOING RECYCLING RUBBISH. RUBBISH MADE BILLIONAIRES??
WAHAHA!!!
------------------------
do you know how much i make in ifca ?
5k lots at 7 cent, sell all at 1.8 ....
and i dont go tell everyone here ...
2017-02-14 10:55
MY JOHOR SIFU TOLD ME INVESTING IN SHARE MARKET IS NOT A ZERO SUM GAME.
TAKE PIE FOR EXAMPLE. IT GIVES AND GIVES GOOD DIVIDENDS FOR MANY YEARS. SAME GOES FOR AJINOMOTO. IT GOES UP AND STAYS UP
AS FOR IFCA. IT IS A CON MAN STOCK. FOR THOSE WHO MAKE OTHERS SUFFER LOSSES. PITY THOSE WHO BOUGHT IFCA AT RM1.87 AND CUT LOST BELOW 30 CTS?
THESE ARE HUMAN BEINGS LIKE YOU AND ME. THEY HAVE WIFE AND CHILDREN WHO ALSO SUFFER
WHO WANT TO ROB OTHERS EVEN KILL TO GET QUICK RICHES?
MANY WITHOUT CONSCIENCE OR PRINCIPAL OF COURSE
ARE YOU ONE?
---------------
then stop con people bjcorp/uems/zzrb can go to 10.0 without any proper valid analysis
a lot newbie once see your message will use their hard earn money to buy bjcorp and stuck like mad for few years
you are the 1 ... conman
2017-02-14 11:41
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only rubbish will buy rubbish
2017-02-14 09:35