PELANGI PUBLISHING GROUP BHD
KLSE (MYR): PPG (7190)
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Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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....
calvintaneng
56,603 posts
Posted by calvintaneng > 2015-11-21 23:00 | Report Abuse
Why Director Lee disposing? Only he has the answers. Buying a house? Education fees for children? Other reasons?
However other Directors with More Substantial Share Holdings are Buying. Check up on Director Sum & Director Sam. And Yeoman Capital has 7% Yeoman just bought 250 lots at 58 cents. A new high? Actually PPG is selling at a deep bargain. And Yeoman is a bottom up bargain hunting fund.
As for retailing through traditional ways their days are all numbered. Go visit any AEON. You see perishable food and vegetables are in demand. Many Ground and First floors are occupied with Food & Beverage Outlets. Others are small service stalls. A Big Departmental Store? Gone case already. As the name implies DEPARTmental = They have all departed already.
Only dollar store, 100 yen store, S$2.00 & Rm5 thrive in recessionary times. As recession bites more and more people will find ways to save every dollar by buying online - can save 30% to 70% easily.