Added to YB: 2025-05-23
Pitch date: 2025-05-15
O9E.SI [bullish]
Parkson Retail Asia Limited
+13.96%
current return
Author Info
No bio for this author
Company Info
Parkson Retail Asia Limited, an investment holding company, operates and manages retail department stores in Malaysia, Vietnam, Myanmar, and Cambodia.
Market Cap
SGD 45.1M
Pitch Price
SGD 0.10
Price Target
0.23 (+102%)
Dividend
N/A
EV/EBITDA
0.39
P/E
1.69
EV/Sales
0.16
Sector
Broadline Retail
Category
turnaround
Parkson Retail Asia - A Turnaround Story
O9E.SI: Malaysian department store turnaround at PE 1.9, P/FCFE 2.4. Closed unprofitable stores (now 37), renegotiated leases. Stable profits 2022-24 (~24-28M SGD/yr), growing cash (115M SGD). Potential catalyst: dividend reinstatement (40-60% payout). Risks: e-commerce threat, stagnant topline, changing consumer preferences.
Read full article (5 min)