Giap Seng: So, did the parkson at RM5.20+-, MUIIND at 0.27+- attractive enough for you to jump in again?
I find it irresistible, already went in at 5.55, plan to buy more below 5.00 & 4.60.
Muiind ? Not yet!
I catch the falling knife for LionDiv, surprise to see it rebound so fast.
3 comments:
added yr blog in my blog list. tq
http://ginsing70.blogspot.com/
For Parkson Malaysia, I noticed they had some share buy back, and also some share "transfer" of Parkson to Lion Diversified. I also noticed William Cheng had accumulated Parkson Hong Kong.
This makes me curious, I thought since Tenaga is increasing the tariff, lion group needs to find cash somewhere to pay the electricity bill. (The increase of the steel ceiling price may not see the impact in the immediate term, and hence, far water cannot rescue near fire).
So, I would guess the most logical way to raise cash is to dispose Parkson shares. Hence, the move to buy back Parkson from William Cheng really confuse me.
PS: However, I do buy in Parkson whenever it drops also :-) I do find it attractive.
regards
Giap Seng
Hi KC,
For Parkson at RM5.00, it is very attractive for me, and the business in China promise good prospects.
For MUIIND, what is the actual attractive points for you to hold on to MUIIND? You used to compared MUIIND with warrant, however, you do not touch on the strength or attractiveness of the business model of MUIIND (It has a lot of business, eg hotel, consumer, property, food, investment bank, etc).
For a stock to be qualified to be in the children education portfolio, I wish to listen to your views on MUIIND especially. I myself had gone through several articles in the Icapital, and to me, MUIIND is still a company going through re-structuring to bring down the debt. Hence, to you, is MUIIND just a turn-around play, or you actually see something which makes it qualified to be your long-term holding in the children education portfolio?
regards
Giap Seng
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