Shares & Derivatives
Thinking about the retail business of Parkson Retail Asia
By Sillyinvestor  •  April 3, 2015
I have always wanted to buy a piece of retail business. Parkson Retail Asia is on its way to becoming a star candidate of a falling knife nomination. It is with good credentials that it is this year hot favorite. 1) Malaysia Retail Sector is facing a lot of headwinds. GST is implemented, the Missing MH370 has no proper closure and is pissing Chinese Tourists. 2) Malaysia economy is not actually roaring too, falling ringgits and being affected by the weak oil prices. 3) The sector itself is competitive, while Parkson is a well established brand in Malaysia, its concepts are hardly different from other department stores. At least, I cannot really understand the difference, it is still cosmetic at first floor, ladies accessories etc... How do differentiate it from Isetan, and although Parkson do not operate in Singapore, how would it have match up with OG, Robinson or even ......
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By Sillyinvestor
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