Parkson stock's price is capitalized at 5.39bln compare to stock Price RM5.20. By paying this amount, it's intersting that investors get in return.
1) Business offers negative working capital, but ROE is pretty impressive.
2) Parkson is much cheaper entry into Parkson Retail Group.
3) China's economy nowdays is similiar to Japan's economy of Sixties/Korea's of the Seventies.
Special Situation Blog rate Parkson Holdings -> Undervalued.
Our Ratings:
LONG TERM BUY
Catching the next Korean wave
2 weeks ago
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