Yusshalimee's comment on PARKSON. All Comments

Yusshalimee
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Bleeding....
cheng
Mgmt finally stopped the “bleeding” from Indonesia instead of band-aids.
Like · 3 years · translate
伯伯黄
Cheng u still holding parkson?
Like · 3 years · translate
cheng
Hi there, yes I am still holding. I bought back some previously at 0.21 after the company announced pp plans. The pp action gave some assurance that mgmt intends to stay out from pn17. I did not add thereafter. It was followed by treasuries shares resale which further strengthens the company’s intention. Now that PT Tozy will be deconsolidate from PRA financials, it furthers strengthens the effort to eliminate the risk of PN17. Nevertheless, deconsolidation will be done in last quarter of FY2021 which is the next QR. Hence, there is still a lot of time and opportunity to monitor the progress and risks. Just my opinions, could be wrong. Hope it helps.
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4 Like · 3 years · translate