Estimated Result of Parkson Holding Berhad - 31 March 2024 (Only use simple calculation based on simple stake)
EXPETCED RANGE OF NET INCOME --- Around RM30 to 35 million
Posts
(1) GDP - Real (USD) - China (Annual) Economic Time Series Profile; (2) Retail Industry in China
Gross domestic product (GDP) at current prices in China from 1985 to 2023 with forecasts until 2029 (in billion U.S. dollars) Market Size of China Retail Sector Industry - The China Retail Sector Market size is estimated at USD 1.94 trillion in 2024, and is expected to reach USD 2.87 trillion by 2029, growing at a CAGR of 8.17% during the forecast period (2024-2029). - China's robust economic growth and rising disposable incomes have fueled consumer spending and driven expansion in the retail sector. - Internet retailing is the modern way of shopping. With the growing penetration of smartphones, mobile devices, and internet services, e-commerce emerged as a major shopping platform worldwide. The retail e-commerce market is driven by an increasing set of suppliers selling online and a change in consumers' buying behavior, among others. - Increased Disposable Income of People is Driving the Market Salient Points: - 1) How big is the China Retail Sector Market? - The Chin
Impressive Results of PARKSON RETAIL GROUP LIMITED --- > Resources Optimisation --- > Higher Normalised EBITDA and Profits from Operations
Significant improvement by looking at Normalised EBITDA and Profits from Operations after Optimisation of Resources ----- > Good Job To continue to closely monitor the NCL position due to ST Loan Positive Cash Flows or Operating Cash Inflow -- > GOOD Closure of Non-Performing Asset (Qingdao) is a correct decision to unlock business value
CapitaLand Malaysia Trust (KLSE:CLMT) Financials > Key Stats and Ownership Summary
CapitaLand Malaysia Trust (KLSE:CLMT) Public Ownership > Summary
Sharing of M&A Experience --- > Need to make good use of these few skills to avoid investing in questionable investees!
1) QUALITY OF EARNING ANALYSIS via NORMALISATION ADJUSTMENT The quality of earnings analysis (prepared on pre SFRS(I) 16 Leases basis) is shown below: Analysis from Normalisation of Profit or Loss: - Normalised EBIT and EBITDA has been declining consistently over the review period and it moves in tandem with revenue. We wish to highlight that the Target is incurring losses in the current period. Assuming operating expenses are kept constant throughout FY2022, the Target needs to generate $3,621K to break even. Impact from Normalisation of Profit or Loss: - EBITDA from year to year become much more comparable under normal circumstances. Indeed Year 2020 result was excluded because the Target's business was seriously affected by Covid-19. 2) IDENTIFICATION OF RELATED PARTY TRANSACTIONS WHICH INVOLVED KMP via HANDSHAKE REPORTS 3) QUANTIFICATION OF POTENTIAL ADJUSTMENTS DUE TO CHANGE IN FINANCIAL REPORTING STANDARDS The above are just my sharing to clarify that for every investment ma