If only Parkson can turn the corner due to the China consumer boom post covid & cost cutting in all its non performing stores in its rationalisation plan, it can easily turn in 100 million profit and that would translate into about 10 sen EPS. At forward PE of potential earnings 10x, this would propel the stock to RM1. 00. Not an impossible feat, cos we're already seeing the significant reduction in losses in the last quarter. Just hold tight.
Recovery stocks all put on reverse gear today because of sharp spike in new covid cases in many countries such as India and Brazil which is going to put many countries into lock down again. Not good for retail businesses and I guess Parkson is not exception. Shall we take profit first?
If you go to some Parkson outlets, you will noticed that there are much more shoppers in general, but there is also outlets DEAD like in Damen!...maybe have to rely on China I guess.
Firefighter becareful - big selldown at 0.26 during the last 15 mins before closing - they may want to press down to 20 sen 真的吗 我还有一个没有卖喔 不怕不怕 papa有barkson Moplko 5657 有力有气 Jom. Jom. Jom. 50sen. Jom. Jom. Jom 50sen. Jom. Jom. Jom 50sen. Hahahahahahahahahahaha
Better sell now as covid cases rising and retail businesses like parkson could be badly affected if there is another lock down. Edge today also reported African strain detected in Msia.
Vaccination has already started, and quite a lot of people have already got their vaccine shots. The price did fly when the vaccination programmes were in the news, but has since fallen back. I am hoping it will move back up again.
Yes those are ard 500000 frontliners. Phase 2 commence from 19th April will be elderly the more ppl get vaccinated the better. Management guided sales in China is expected to be very strong..
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....
Insider Forecast
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Posted by Insider Forecast > 2021-04-06 15:50 | Report Abuse
This counter totally undervalued.