CALVIN & JOHOR BUDDIES BOUGHT PM CORP AT 12 SEN AVERAGE COST (FROM 16 SEN TO 9 SEN)
SO WHEN CALVIN CALLED FOR A BUY ON PM CORP ON 20 SEPT 2013 AT 15 SEN PRICE ALREADY UP 25 %
IF TAKE OUR LOW BUY PRICE FOR PM CORP AT 9 SEN THEN AT 15 SEN PRICE OF PM CORP ALREADY UP 66% ON SEPT 20TH 2013
SO?
SO STILL OK MAH
THOSE WHO BOUGHT PM CORP AT 15 SEN CAN LATER SELL OFF PM CORP AT THE HIGH OF 36 SEN (NOT ONCE BUT 3 TIMES PRICE CROSSED 30 SEN & LATER GAVE 8 SEN CASH PAYOUT)
SO THOSE WHO BOUGHT PM CORP AT 15 SEN STILL MADE 100%
NOW IF DUTALAND SHOULD GO BACK TO ITS HISTORIC HIGH OF RM1.60?
YOU GET HOW MUCH GAIN FROM 63 SEN?
153% LAH
OK OK
DON'T BE GREEDY HOR!
LET'S JUST SAY DUTALAND GOES BACK TO DUTA YAP'S COST PRICE OF RM1.05
SEE
Rm1.05 minus 63 SEN
= 42 SEN
SO DIVIDES 42 SEN BY 63 SEN = 66.6%
WAHAHA!
YOU CAN MAKE 66.6% EASILY JUST WAIT FOR DUTA YAP TO PUSH BACK DUTALAND TO HIS BUYING PRICE OF RM1.05
HUHUHU
NO WONDER WARREN BUFFET SAID INVESTING IS SO EASY.
parkson as a going concern is facing sunset. ecommerce will kill it off slowly. the fundamental nature of business has shifted to online sales which cut cost by 30% to 50%
unless Parkson change its course it is doomed
Just like horses and carriages became obsolete with the advent of motor cars. So future is sales through Amazon and Alibaba
What william cheng should do? Answer
Change the business nature of Parkson. Or else close shop and distribute Cash back to shareholders. Cash should be more than Rm1.50
For now i think Parkson will continue to destroy value. So better get out
Doesn't Mui's Metrojaya, Laura Ashley, East India Company, Living Quarters, Reject Shop, Somerset Bay, Cape Cod, Zona and Emanuelle having the same problem?
Thanks for the lengthy explanation Calvin. So East India Company, Somerset Bay, Cape Cod, Zona and Emanuelle are value creators whereas Living Quarters and Reject Shop are value sellers.
General public may still be worry for the repeat of the aborted deal to IOI few years ago. I think share price will improve once SPA is signed and the deal in cast on iron.. Keep an eye on this ...
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
nekosan
3,637 posts
Posted by nekosan > 2017-10-11 22:26 | Report Abuse
this bangsat Calvin really wanna f 9 him