Parkson Retail    Last:0.124    -0.001

PARKSON - 21% YIELD+$124.9M CASH .NET PROFIT UP 7x

looking forward to the 25cts - 28cts level again .....

seanpent      ( Date: 12-Jul-2016 15:03) Posted: reload time before the impulsive upwave

 

reload time before the impulsive upwave

 

waiting to buy below 15c

 

SO POOR THING

 

still waiting  to collect  more at 15 ?

seanpent      ( Date: 12-Jul-2016 08:42) Posted: set on a recovery path  after hitting a low seanpent      ( Date: 11-Jul-2016 12:45) Posted: got it .....

 

set on a recovery path  after hitting a low

seanpent      ( Date: 11-Jul-2016 12:45) Posted: got it ..... danger      ( Date: 10-Jul-2016 07:56) Posted: 5TH JULY 2016 Region's retail sector expected to remain resilient Combined retail sales in Malaysia (above), Singapore, Indonesia and Thailand could reach US$1 trillion (S$1.3 trillion) in 2018. Combined retail sales in Malaysia (above), Singapore, Indonesia and Thailand could reach US$1 trillion (S$1.3 trillion) in 2018. The region's retail sector will continue to show "remarkable resilience" despite sluggish prospects in many developed markets and a slowing Chinese economy, according to a report yesterday. The report noted that the combined retail sales in retail powerhouses Singapore, Indonesia, Malaysia and Thailand are expected to grow from US$650 billion (S$874 billion) last year to US$1 trillion in 2018, at a rate of 15.5 per cent annually. The four countries together made up 76 per cent of the US$2.45 trillion Asean economy last year

 

got it .....

danger      ( Date: 10-Jul-2016 07:56) Posted: 5TH JULY 2016 Region's retail sector expected to remain resilient Combined retail sales in Malaysia (above), Singapore, Indonesia and Thailand could reach US$1 trillion (S$1.3 trillion) in 2018. Combined retail sales in Malaysia (above), Singapore, Indonesia and Thailand could reach US$1 trillion (S$1.3 trillion) in 2018. The region's retail sector will continue to show "remarkable resilience" despite sluggish prospects in many developed markets and a slowing Chinese economy, according to a report yesterday. The report noted that the combined retail sales in retail powerhouses Singapore, Indonesia, Malaysia and Thailand are expected to grow from US$650 billion (S$874 billion) last year to US$1 trillion in 2018, at a rate of 15.5 per cent annually. The four countries together made up 76 per cent of the US$2.45 trillion Asean economy last year

 

Even at current price of 15cts, this one is no cheaper than CourtsAsia.  The exceptional gain in Q1 is once-off non-cash.  If you stripe that away, 9 month till now they are making losses.

Cashflow depleting fast.  If they still want to sustain the same level of dividend, either they ops rake in cash or they borrow.  Neither is good.

Revenue also dropped 15% from last year.  This will hit their bottomline hard.  Q4 results will give more clarity.

This Parkson and Courts share price track each other quite well from Jul 2013 till end 2014.  After that, Courts rate of decline slowed down (maybe due to share buy back supporting) but Parkson price still decline at the same rate till now.

Even so, valuation wise, both are no better than each other at their current price.

Parkson is in the emerging market where consumers are only starting to build up their spending power.  It will takes some time (years?) to reach respectable spending power.  It needs to survive until then while in the mean time compete against e-commerce.

Long-term wise pretty tough.  Short-term wise I don' t see lots of meat as well.

 

is it a multi-bagger potential ? 

danger      ( Date: 11-Jul-2016 11:59) Posted: IT IS HERE!!! LOAD seanpent      ( Date: 11-Jul-2016 11:38) Posted: with so much cash, how much will investors benefit from any privatisation offer  (if any) ?

 

IT IS HERE!!! LOAD

seanpent      ( Date: 11-Jul-2016 11:38) Posted: with so much cash, how much will investors benefit from any privatisation offer  (if any) ? danger      ( Date: 10-Jul-2016 08:36) Posted: TOTAL CASH AND CASH EQUIVALENT AT S$ 69.6 MILLION NAV : 26 cents There are no non-current loans and borrowings as at 31.03.2016 and 30.06.2015.

 

Load up!!!

 

with so much cash, how much will investors benefit from any privatisation offer  (if any) ?

danger      ( Date: 10-Jul-2016 08:36) Posted: TOTAL CASH AND CASH EQUIVALENT AT S$ 69.6 MILLION NAV : 26 cents There are no non-current loans and borrowings as at 31.03.2016 and 30.06.2015. danger      ( Date: 10-Jul-2016 07:56) Posted: 5TH JULY 2016 Region's retail sector expected to remain resilient Combined retail sales in Malaysia (above), Singapore, Indonesia and Thailand could reach US$1 trillion (S$1.3 trillion) in 2018. Combined retail sales in Malaysia (above), Singapore, Indonesia and Thailand could reach US$1 trillion (S$1.3 trillion) in 2018. The region's retail sector will continue to show "remarkable resilience" despite sluggish prospects in many developed markets and a slowing Chinese economy, according to a report yesterday. The report noted that the combined retail sales in retail powerhouses Singapore, Indonesia, Malaysia and Thailand are expected to grow from US$650 billion (S$874 billion) last year to US$1 trillion in 2018, at a rate of 15.5 per cent annually. The four countries together made up 76 per cent of the US$2.45 trillion Asean economy last year

 

seems like a strong technical reversal ......  is it heading towards its Jan2016 high  of 28 cts  ?   

this stock was more than 90cts in 2014 isn' t it ?

danger      ( Date: 11-Jul-2016 06:58) Posted: Load up at rock bottom

 

Load up at rock bottom

 

A report in Singapore?s Business Times said that several other smaller companies ? worker dorm operator Centurion Corp, department store operator Parkson Retail Asia, and civil engineering firm CSC Holdings ? were all planning to delist from the city state?s stock exchange (SGX)

 

LOAD UP

 

Expect more privatisations for Singapore firms, say analysts

 

O& M, tech, and property firms are all looking to privatise. The recent flurry of offers from listed companies for privatisation has sparked a trend of privatising in the Singapore market. In recent months, big names such as OSIM, Interplex, Tat Hong, and Innovalues have all announced offers or potential offers with the aim of privatisation, according to analysts from OCBC. &ldquo Indeed, given how much share prices have declined and how attractive valuations are for certain companies out there, it is not surprising that bargain hunters are once again on the prowl for good deals,&rdquo OCBC said.

 

Based on our screening, companies that are more likely to be privatised or taken over include Dyna-Mac Holdings, PEC Ltd, PACC Offshore Services Holdings, Pacific Radiance, Baker Tech, Triyards, KS Energy, Mermaid Maritime, KrisEnergy, ASL Marine, Innovalues, Sunningdale Tech, Wing Tai, Wheelock Properties (S), Parkson Retail Asia, Courts Asia, Banyan Tree, CWT, Cogent Holdings and Tat Hong,&rdquo OCBC said 

 

 

 

METRO ALREADY SURGED FROM RECENT LOW OF 83 cents to $1.03 NOW !!

 

TOTAL CASH AND CASH EQUIVALENT AT S$ 69.6 MILLION

NAV : 26 cents

There are no non-current loans and borrowings as at 31.03.2016 and 30.06.2015.

danger      ( Date: 10-Jul-2016 07:56) Posted: 5TH JULY 2016 Region's retail sector expected to remain resilient Combined retail sales in Malaysia (above), Singapore, Indonesia and Thailand could reach US$1 trillion (S$1.3 trillion) in 2018. Combined retail sales in Malaysia (above), Singapore, Indonesia and Thailand could reach US$1 trillion (S$1.3 trillion) in 2018. The region's retail sector will continue to show "remarkable resilience" despite sluggish prospects in many developed markets and a slowing Chinese economy, according to a report yesterday. The report noted that the combined retail sales in retail powerhouses Singapore, Indonesia, Malaysia and Thailand are expected to grow from US$650 billion (S$874 billion) last year to US$1 trillion in 2018, at a rate of 15.5 per cent annually. The four countries together made up 76 per cent of the US$2.45 trillion Asean economy last year

 

5TH JULY 2016 Region's retail sector expected to remain resilient Combined retail sales in Malaysia (above), Singapore, Indonesia and Thailand could reach US$1 trillion (S$1.3 trillion) in 2018. Combined retail sales in Malaysia (above), Singapore, Indonesia and Thailand could reach US$1 trillion (S$1.3 trillion) in 2018. The region's retail sector will continue to show "remarkable resilience" despite sluggish prospects in many developed markets and a slowing Chinese economy, according to a report yesterday. The report noted that the combined retail sales in retail powerhouses Singapore, Indonesia, Malaysia and Thailand are expected to grow from US$650 billion (S$874 billion) last year to US$1 trillion in 2018, at a rate of 15.5 per cent annually. The four countries together made up 76 per cent of the US$2.45 trillion Asean economy last year