Tuesday, February 21, 2012

CIMB: Parkson Retail Asia - When diligent shopkeeping pays

Stock Name: Parkson
Company Name: PARKSON RETAIL ASIA LIMITED
Research House: CIMBPrice Call: BUYTarget Price: 1.80



ParksonRetail Asia - When diligent shopkeepingpays


Target S$1.80


Management is staying busy revamping existing stores (especially in Malaysia and Indonesia), rolling out new stores, constantly upgrading its merchandise mix, and planning for entry into new countries.

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