@veron_teo, How to know before it comes?

True. Sometimes it's amazing that people can make money in few hours.

Reading the post earlier and seems like kena goreng by OTB. Not sure selling climax has been completed yet?

@kkbull, can share why it's a growth stock? It doesn't have any history of growth though the last 4 qtr was impressive. I don't plan to hold for long. What will be a good price to enter?

Who is OTB? I am a Newbie in i3. Arbb seems to be a hot stock rather than growth stocks. Please correct me if I am wrong. As it is a hot stock, I am thinking to join the boat to gain some before reality hitting it. Any advice?

Found the answer on the impact of the levy. Based on its aannual report, liihen paid additional 3M for the increased levy. Hence, there wi'll be savings for 2019 and improve its profitability. Cheers.

Glad to hear that RainT. Come join us as shareholders. I am just a small shareholders though.

https://www.thestar.com.my/news/nation/2019/05/03/reduced-levy-takes-effect/

Not sure how much will be theout impact to Liihen's bottom line.

There's good news on workforce today. Foreign workers levy reduced it seems. It's in the newspaper.

I have a question to ask the sifus here. What is the normal trading lot size if you spot an opportunity? I hear people say use risk reward ratio, buy a few counters to minimize risks and etc. In reality, I see many people buy 500 lots, 1000 lots and more. I split my funds to few counters and it's growing slowly. I see people make lots of money from their comments :(

Sounds good. And the company continued to spend on capex.

hi KC, I copied partial of the text. The last sentence described it.

Vehicles sales in China fell 5.2 percent from a year earlier to 2.52 million units in March 2019, following a 13.8 percent decline in the previous month. It was the ninth consecutive annual decrease and the smallest in seven months, as car makers reduced prices to boost sales after Beijing handed out tax cuts to spur consumer spending. Sales of SUVs, sedans and minivans fell 6.9 percent to just over 2 million units while sales of new energy vehicles jumped 85.4 percent to 126 thousand units.

Hi KC Teh, here's the link. You can keep the link for future reference.
https://tradingeconomics.com/china/total-vehicle-sales

No worries RainT. I am just small fish only. I bought in and I have the tticket to watch liihen story for the next few years.

Report from China is out. Overall car sales decrease is getting smaller. Best part is new energy vehicle sales up by more than 80%.

Agreed with you, commonsense. I like the double digit revenue growth. And the company continued to spend on capex. Definitely will continue to grow.

Buy buy. I just bought today after looking at its annual report. The revenue is growing yoy as can be seen from the summary from i3 financials. With only 180M shares, and revenue continued to grow for the last 10 years, I see no reason why people should be fearful. :)

That's right jcpy. It's good actually. 5.9% sales growth. Minus the forex impact, it's 11%. Let us ride the growth of this little known company. Kwap fund managers also started buying.

Chat room is so quiet today? Where is everyone?

Agreed with xianchua. Despite higher inventories in 2018, it is able to generate higher operating cash flow due to higher sales growth. Buy and keep instead of short term trades. Mar china car sales is up, overall mfg PMI is up. Consensus and forecast for Apr is also showing up compared to Mar. If upcoming quarter can generate 115M and above in revenue, it's a new high for q1. Should be a good year for D&O.

Anyone analyzing Parkson's report to ddetermine the chances for it to return to profit in next two quarters?

Close down is not an option though it's high NTA. Many people will lose jobs. Better for the mgmt to work hard so that parkson to return to profits - investors happy, workers happy, everyone happy. Cheers!

C'mon guys, let's cheer for Parkson.

It will come. Global automotive lighting is growing.

True, I am hoping that parkson china profit will help to offset Vietnam, myanmar and indo losses. Anyway, I am holding a bit only, small fish. Learning to swim.

Managed to add at 0.555. Will be holding it for a while.

Look at latest China economic data. Retail sales up at 8.7% versus forecast of 8.3%. Let's see how much it helps Parkson.

Huhu. It's ok to have difference in opinions but to say bankruptcy for a company with more than RM800M cash is a bit far fetched, bro. Not to mention the responsibility that Parkson has as it provides jobs for Malaysians too.

That's right Kelvin. Agreed.

Patience. Many waiting for the annual report and quarter report. Who is collecting from all the sellers if it is a zero sum game?

Possible trick to scare retail investors to exit?lionind consolidations started since January before all the euphoria on Ecrl. I wouldn't sell it unless it breaks the sideway consolidation channel. At least, I am following my own entry/exit level. Cheers!!!

Lol, 8888. No connection kut. Wait for quarter report and see how is it doing.

Huhu.Just keep it in your basket. Sell if business stops growing. Go trade ecrl stocks and energy stocks.

Wanted to say thank you to all that share sincerely. I bought at 0.235 will hold tight tight.

Nkcm, I dah beli dah :) I follow discussion kat sini. Terima kasih kepada sifu sifu kat sini. I beli sebab ada yang share company nie high net cash.

Growth stocks. Buy and keep la. goreng other stocks. If coming annual report showing good growth, investors will come back.

Kita sama-sama beli Parkson

Agreed Kelvin. It is better to invest in.undervalued stocks right now as corporate earnings is bad. Inline with GDP forecast which is flat against 2018.

I invested small amount only in Parkson recently. At 24 cents, the most is it becomes 0, but there are many more cents higher than 24 cents. I will take the risk. :)

Agreed on being patient. No doubt it has been declining. It has experienced the worse after decade long of decline.

Parkson minority shareholder like us can only hope that the decade long decline will take a breather and move up a bit. Parkson Elite + Parkson Beauty = Elite Beauty :)

Ok thanks. Let's hope that it will be able to boost its bottom line - earnings.

Cheng3333, is it good or bad?

Parkson gradually phasing out its old Parkson outlook to Parkson Elite. Looks cool mda family friendly. Sales and marketing department needs to be more aggressive. Hopefully local brand will survive.

Yeah. Selling pressures. Looks like going below 20 cents. Hopeless d.

Privatise? Possible? Privatise at how much? 40 cents?

Sad isn't it. Lucky bought some only. Kept going down.

Freddiehero, do you think Parkson qr will be good due to the new year holiday sales? I saw a report yesterday that says: China's retailer and catering enterprises earned over 1T yuan ($148.3B) during the lunar holiday; defying an economic slump to rise 8.5% from last year.

That seems to be a huge increase and hopefully Parkson enjoyed some of the sales. The previous quarter report of Parkson showing some improvement qtr over qtr.

Ok thanks. I bought some today. Let's hope that it will go up in long term.

Hopefully 0.235 is the lowest. Technical convergence it seems - higher low for technical while price remains flat. Possible buy?

Should have shaken up the management and board members for not performing long time ago.