Lee Chin Wei's comment on PARKSON. All Comments

Lee Chin Wei
2 Like · Reply
They need at least few quarter positive profit in order to secure trust from investor
CHONG HON LEONG
you are absolutely right, if want may only test few lots. When it was 0.16/0.17, me also hesitate to invest..
Like · 1 year · translate
cheng
Sounds like a good plan :) Should not stop there. Probe further - What led to the two consecutive profitable quarters? :) When you are able to list down the "What", probe further again - Is it possible to achieve a turnaround in the current fiscal year?
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1 Like · 1 year · translate
cheng
I agreed with Chong Hon Leong and I started with a few k lots at 0.145-0.16 and managed to add 3 times during the throwbacks while keeping an eye on possible risks that could derail its recovery journey. There's a lot of details in the thread that F@@L created and the information in there can be used to manage our own biases towards Parkson. Meaning - while I am optimistic, I would like to hear other's opinions too just in case that I am wrong.
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2 Like · 1 year · translate
cheng
While you are keeping an eye on the business risks, you will have to manage your own emotions driven by the market swing :) If you are becoming restless seeing the fluctuations in your running profit/loss, this is where you have to probe further - How much are you willing to risk and what are you going to do about it? Just make a decision and move on. And I am sure you will do a better lot size mgmt in your future position from the restless experience.
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2 Like · 1 year · translate
Auditor Consultant
wow sound like this counter is getting more and more ppl attention

too bad Cheng.... I still needs to collect..

I want at least 1 million unit
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3 Like · 1 year · translate
cheng
Indeed, AC. It's obvious and I am sure many are hoping for a lower price entry :) At the same time, volatility is expected due to exchanges between buyers and sellers be it short term or long term - profit taking and churning activities. From loss making to profitable Q1'23 to profitable Q2'23 - many different comments :) Rest assured there will be more different comments when Q3 is out and followed by subsequent quarters. Well, it's public forum if you will :) We just have to manage the risks.
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2 Like · 1 year · translate