Parkson is only listed from end 2011, these are the numbers available.
Retail business is highly competitive. Parkson is a well known brand, I have been to Parkson in Vietnam and Malaysia.
One thing that stand out very clearly, is the clarity of growth drivers. From organic SSSG (same store sale growth) to opening of new stores.
How did it appear in my screening. It is at 52 week low, a 50% fall from its peak. AT 86 cents now, it is actually at historical low, no matter how short the history is (2 plus years)
It is not difficult to understand why, Parkson is positioned to be a strong grower, and command a PE of 25 at its peak, when the growth did not materialize, it is no wonder it will fall from the top. From the risk section of the prospectus, it is said that ......First the numbers
Parkson is only listed from end 2011, these are the numbers available.
Retail business is highly competitive. Parkson is a well known brand, I have been to Parkson in Vietnam and Malaysia.
One thing that stand out very clearly, is the clarity of growth drivers. From organic SSSG (same store sale growth) to opening of new stores.
How did it appear in my screening. It is at 52 week low, a 50% fall from its peak. AT 86 cents now, it is actually at historical low, no matter how short the history is (2 plus years)
It is not difficult to understand why, Parkson is positioned to be a strong grower, and command a PE of 25 at its peak, when the growth did not materialize, it is no wonder it will fall from the top. From the risk section of the prospectus, it is said that ......
Parkson is only listed from end 2011, these are the numbers available.
Retail business is highly competitive. Parkson is a well known brand, I have been to Parkson in Vietnam and Malaysia.
One thing that stand out very clearly, is the clarity of growth drivers. From organic SSSG (same store sale growth) to opening of new stores.
How did it appear in my screening. It is at 52 week low, a 50% fall from its peak. AT 86 cents now, it is actually at historical low, no matter how short the history is (2 plus years)
It is not difficult to understand why, Parkson is positioned to be a strong grower, and command a PE of 25 at its peak, when the growth did not materialize, it is no wonder it will fall from the top. From the risk section of the prospectus, it is said that ......
