It's the best opportunity for William Cheng to take Parkson private for a song. If he can pickup close to 300mil shares today, that would leave about 10% left for MGO. No point listing if the price do not reflect the intrinsic value of Parkson. Hopefully, William Cheng has finally awaken from his slumber, cheers.
It doesn't take a rocket scientist to realise that it is so cheap currently to privatise Parkson. If William Cheng don't even know this simple business strategic move, then its better to quit as CEO and let the daughters run the show, cheers.
It will cost William Cheng peanuts if he can buy another 30% or 300 mil shares today for a song. The balance of 100 mil shares can be offered at par value at RM1. Same as TAFI's offer at par value. Hold on tight guys. Ini KALILAH....
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....
lumbercpo
172 posts
Posted by lumbercpo > 2020-09-14 10:12 | Report Abuse
just take it private at RM1. HAHA!!