Cash rich company cannot go bankrupt. Buying back shares every day need money. Parkson still has shares in PRGL and PRA which can be sold for money.

Posted by pypw > Feb 25, 2016 08:53 AM | Report Abuse
Why is he still so confident keep buying back the shares. Don't he know the company making loss could be bankrupt soon.

Revenue increase is good sign. Perhaps Parkson only need to close more unprofitable stores.

If someone want to cut loss below 90 sen tomorrow expect share buyback quantity to reach 500K so can reach bearbull 3% share buyback target faster.

When Parkson hit low price share buyback increase to 475K from below 100K past few weeks showing Parkson management now know how not to spend too much cash unnecessarily to maintain price.

Next few years expect no income from STP2 but only expenses and interest expenses.

ks55 cost is RM 1.90. TP RM 1 more likely next 2 yrs.

Actually each day shares buy back meaning WC control Parkson even more minus using his own money.

ganasai when PublicInvest give TP RM 1.48 last week/last mth why nobody follow?

Sellers have choice not to follow.

Posted by ganasai > Feb 24, 2016 03:50 PM | Report Abuse
TP 0.88.

Those selling today will mean Parkson need less money to buy back shares. Yesterday spend RM 94K today if buy same qty today expect RM 2K less.

Read Star today if you buy E&O today expect 10 years from now for E&O to earn any income from their land reclamation projects.

Those who sell now or even lower you are the 1 suffering loss not WC, Parkson, ks55 or PublicInvest. Are you sure you sure can gain money buying other stocks? Brokerage and stamp duty loss is sure thing.

noobnnew are you the 1 cut loss? Why you so interested to comment here?

Shares buy back(1.71%) still continue everyday meaning Parkson still cash rich. Those who sell now can help Parkson to use even less money for buying back shares so Parkson cash can last longer.

Notice of Shares Buy Back - Immediate Announcement
PARKSON HOLDINGS BERHAD

Date of buy back 23 Feb 2016
Description of shares purchased Ordinary shares of RM1.00 each
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 100,000
Minimum price paid for each share purchased ($$) 0.935
Maximum price paid for each share purchased ($$) 0.935
Total consideration paid ($$) 94,218.39
Number of shares purchased retained in treasury (units) 100,000
Number of shares purchased which are proposed to be cancelled (units) 0
Cumulative net outstanding treasury shares as at to-date (units) 18,743,480
Adjusted issued capital after cancellation
(no. of shares) (units)
Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 1.71000
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5006533

Among Parkson top 30 shareholders in latest AR IOI Tan Sri Lee Shin Cheng is the richest; a billionaire himself far richer than Parkson William Cheng. Those who want to sell at cheapest price now I believe Tan Sri Leeis happy to accumulate.

Thirty Largest Registered Shareholders as at 30 September 2015
Registered Shareholders No. of Shares % of Shares*
25. Lee Shin Cheng @ Lee Leong 7,201,300 0.66

IOI Lee can choose to buy Aeon at RM 2.60. Why he prefer Parkson at cheaper price?

IOI Lee is a smart man. He bought when other like KWAP sold at low price just he bought IOI many years back when nobody want it.

Wonder why no shareholders ask Parkson to close Parkson at Mahkota Parade. Let the shopping mall sink.

When Festival Mall Melaka open Hektar Mahkota Parade will sink like Titanic ship.

So Parkson is doing what Aeon did ie sell fruits, vege, foods. Hope this is changes to be seen in Parkson stores.

Let's DISCOVER our new concept of Gourmet Supermarket, Foodpark by Parkson where you can find fresh fruits, veges, and foods in one beautiful place! Only at ‪#‎ParksonMajuJunctionShoppingMall‬ ‪#‎FoodparkbyParkson‬ ‪#‎GourmetSupermarket‬ ‪#‎NewConcept‬ ‪#‎FreshFoods‬
https://www.facebook.com/parkson/

6) MOST BULLYING AWARD
1) ks55
2) rockycleft
ks55 is the one cause Parkson to drop from RM 2 to below RM 1 with his non-stop posts despite not a shareholder. Why he like to see others suffering yet i3 admin do nothing?
Both ks55 and rockycleft is the one responsible for China counters to drop. If many local stocks cannot pay dividend why so particular about China counters not paying dividend?


6) MOST BULLYING AWRD - Recognises the most bullying person who sikit-sikit, kan atau bukan pun bully others in cyber world. All nominated persons must possess the ability of 3 days 3 nights WAR in the battle field.

Nomination:
1) xxxxxxxxxxxxxxxxxxx
2) xxxxxxxxxxxxxxxxxx

KWAP is selling Parkson at a loss so don't pay pension to ks55 is right move. He never advised them to take profit when above RM 3 but asking them to sell below RM 1.50 or RM 1 how to make money?

If Lee takeover Parkson he can build many shopping malls with Parkson as anchor tenant on his oil palm estates.

Must ask government to stop paying pension to ks55 since he so hate govn.

IOI shares up a lot in 2016. Will Lee scoop up more Parkson on the cheap?

I find out IOI Lee Shin Cheng is the new top 30 shareholders whereas KWAP out compared to 2014. So KWAP selling is the main reason behind Parkson meltdown?

As long as RI not complete don't expect big jump o/w you need to come out more money for RI. Sell Mulpha to buy OR is better strategy.

Even no research house dare to give TP.

How abt lotto gaming in M'sia? Very big market?

gray gaming is owned by BJ Toto. BJ Corp only own lotto game in Vietnam. Do Vietnamese gamble as big as M'sian?

40 sen is better entry for their doubtful acct.

I trust PublicInvest who own M'sia largest mutual fund. They give TP RM 1.48. We have to be patient.

http://klse.i3investor.com/servlets/ptres/33993.jsp

Base on 2015 AR, beside WC, Parkson top 30 shareholders are Tabung Haji, ICap(own by Tan Teng Boo), EPF, GIC(S'pore investment fund), Public Mutual, IOI Lee Shin Cheng and others.

Thirty Largest Registered Shareholders as at 30 September 2015
Registered Shareholders No. of Shares % of Shares*
1. AMSEC Nominees (Tempatan) Sdn Bhd 136,083,553 12.46
AmTrustee Berhad for Cheng Heng Jem
2. Lembaga Tabung Haji 95,218,780 8.71
3. UOB Kay Hian Nominees (Tempatan) Sdn Bhd 83,906,661 7.68
Exempt AN for UOB Kay Hian Pte Ltd (A/C Clients)
4. Kenanga Nominees (Tempatan) Sdn Bhd 63,716,378 5.83
Pledged Securities Account for Cheng Heng Jem
5. Affin Hwang Nominees (Tempatan) Sdn Bhd 56,750,284 5.19
Pledged Securities Account for Cheng Heng Jem (M09)
6. HSBC Nominees (Tempatan) Sdn Bhd 54,450,708 4.98
Pledged Securities Account for Cheng Heng Jem (105-710073)
7. AMSEC Nominees (Asing) Sdn Bhd 50,235,202 4.60
AmTrustee Berhad for Excel Step Investments Limited
8. RHB Nominees (Tempatan) Sdn Bhd 38,955,000 3.57
OSK Capital Sdn Bhd for Amsteel Mills Sdn Bhd
9. RHB Nominees (Tempatan) Sdn Bhd 28,220,337 2.58
OSK Capital Sdn Bhd for Lion Industries Corporation Berhad
10. Citigroup Nominees (Tempatan) Sdn Bhd 27,616,747 2.53
Employees Provident Fund Board
11. RHB Nominees (Tempatan) Sdn Bhd 19,482,987 1.78
Bank of China (Malaysia) Berhad
Pledged Securities Account for Amsteel Mills Sdn Bhd - 1
12. RHB Nominees (Tempatan) Sdn Bhd 19,151,179 1.75
Industrial and Commercial Bank of China (Malaysia) Berhad
Pledged Securities Account for Cheng Heng Jem
13. RHB Nominees (Tempatan) Sdn Bhd 19,057,821 1.74
Bank of China (Malaysia) Berhad
Pledged Securities Account for Amsteel Mills Sdn Bhd - 2
14. HSBC Nominees (Tempatan) Sdn Bhd 14,251,117 1.30
HSBC (M) Trustee Bhd for RHB Kidsave Trust
15. Alliancegroup Nominees (Tempatan) Sdn Bhd 13,728,721 1.26
Pledged Securities Account for Cheng Heng Jem (8119566)
16. MIDF Amanah Investment Nominees (Tempatan) Sdn Bhd 12,807,861 1.17
Pledged Securities Account for Tan Sri Cheng Heng Jem (MGN-WCH0004M)
17. Amanahraya Trustees Berhad 12,339,714 1.13
Public Islamic Dividend Fund
18. Alliancegroup Nominees (Tempatan) Sdn Bhd 10,580,157 0.97
Pledged Securities Account for Lion Industries Corporation Berhad (8106442)
19. DB (Malaysia) Nominee (Tempatan) Sendirian Berhad 10,230,760 0.94
icapital. biz Berhad
20. Cheng Yong Kim 9,835,345 0.90
21. Maybank Nominees (Tempatan) Sdn Bhd 9,379,251 0.86
Asian Finance Bank Berhad for Trillionvest Sdn Bhd (SF)
22. Cartaban Nominees (Asing) Sdn Bhd 8,100,949 0.74
GIC Private Limited for Government of Singapore (C)
23. Citigroup Nominees (Asing) Sdn Bhd 8,003,627 0.73
CBNY for State Teachers Retirement System of OHIO
24. RHB Nominees (Tempatan) Sdn Bhd 7,478,000 0.68
Pledged Securities Account for Lion Industries Corporation Berhad
25. Lee Shin Cheng @ Lee Leong 7,201,300 0.66
26. Lion Realty Private Limited 6,672,882 0.61
27. HSBC Nominees (Asing) Sdn Bhd 6,504,587 0.60
BBH and Co Boston for Vanguard Emerging Markets Stock Index Fund
28. Citigroup Nominees (Asing) Sdn Bhd 6,253,298 0.57
Exempt AN for Citibank New York (Norges Bank 1)
29. RHB Nominees (Tempatan) Sdn Bhd 6,219,800 0.57
Bank of China (Malaysia) Berhad
Pledged Securities Account for Lion Industries Corporation Bhd - 2
30. RHB Nominees (Tempatan) Sdn Bhd 6,116,850 0.56
Bank of China (Malaysia) Berhad
Pledged Securities Account for Amsteel Mills Sdn Bhd - 3

Everyone has their own taste you cannot force others to follow you. I like to shop at Parkson so cannot force me to shop at Padini, HM or elsewhere.

Andyghk sure you own PBB, KLK, HL Bank? Why I don't see your posts there?

Andyghk If you want investment better choose public bank ,klk, hl bank.....don't lose the money here.....
18/02/2016 22:37

Notice of Shares Buy Back - Immediate Announcement
PARKSON HOLDINGS BERHAD

Date of buy back 18 Feb 2016
Description of shares purchased Ordinary shares of RM1.00 each
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 120,000
Minimum price paid for each share purchased ($$) 0.930
Maximum price paid for each share purchased ($$) 0.930
Total consideration paid ($$) 112,102.38
Number of shares purchased retained in treasury (units) 120,000
Number of shares purchased which are proposed to be cancelled (units) 0
Cumulative net outstanding treasury shares as at to-date (units) 18,513,480
Adjusted issued capital after cancellation
(no. of shares) (units)
Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 1.69000
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5003101

BenBlurBlur I agree. If cash really exist why don't declare more dividend? Why no share buy back? Why Rozali not buying?

Posted by BenBlurBlur > Feb 18, 2016 08:58 PM | Report Abuse
Kahhoeng What is the worst thing that Rozali can tell next week in the quarter report Cash no more semua sudah telan is it? Thank u

Loss of 7.22 sen. A loss is still a loss. Why pay RM 1.52 for loss making company? 40 sen is fair value.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5001177

5121 HEKTAR HEKTAR REITS
Quarterly Rpt for the Financial Period Ended 31/12/2015 (Amended)

Quarter: 4th Quarter
Financial Year End: 31/12/2015
Report Status: Unaudited
Submitted By:

Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period
31/12/2015 31/12/2014 31/12/2015 31/12/2014
RM '000 RM '000 RM '000 RM '000
1 Revenue 31,931 30,828 125,511 121,991
2 Profit/Loss Before Tax (28,918) 17,576 4,759 50,387
3 Profit/Loss After Tax and Minority Interest (28,918) 17,576 4,759 50,387
4 Net Profit/Loss For The Period (28,918) 17,576 4,759 50,387
5 Basic Earnings/Loss Per Shares (sen) (7.22) 4.39 1.19 12.58
6 Dividend Per Share (sen) 2.70 2.70 10.50 10.50
As At End of Current Quarter As At Preceding Financial Year End
7 Net Tangible Assets Per Share (RM) 1.4586 1.5518

WC also bought 520K. Why miss out by ks55? He blind is it? Today more buyback. Parkson could be privatized soon.

Recent drop not due to Tan Sri William Cheng selling. He still own 60.87% stake. Those who want to deal in Parkson make sure you have cash o/w you will be victim of force selling.

Changes in Director's Interest (S135)
PARKSON HOLDINGS BERHAD


Information Compiled By KLSE

Particulars of Director
Name TAN SRI CHENG HENG JEM
Address A-16-1, Blok A, Satu Residensi
No. 1 Jalan Nagasari (Off Jalan Raja Chulan)
Kuala Lumpur
50200 Wilayah Persekutuan
Malaysia.
Descriptions(Class & nominal value) Ordinary shares of RM1.00 each

Details of changes
Currency: Malaysian Ringgit (MYR)

Type of transaction Date of change No of securities Price Transacted (RM)
Disposed 16/02/2016 520,000 0.950
Acquired 16/02/2016 520,000 0.950

Circumstances by reason of which change has occurred (1) Disposal of shares by Tan Sri Cheng Heng Jem
(2) Acquisition of shares by Trillionvest Sdn Bhd, a company in which Tan Sri Cheng Heng Jem has a substantial interest

Nature of interest (1) Direct
(2) Indirect

Consideration (if any)
Total no of securities after change
Direct (units) 354,265,266
Direct (%) 32.940
Indirect/deemed interest (units) 300,444,529
Indirect/deemed interest (%) 27.930
Date of notice 17/02/2016
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5002045

40 sen coming.

Another Tabung Haji? Dividend>profit. Bankrupt possible.

http://web1.cyberstock.com.my/masanews/dll/GetMasaNews.dll?NewsId=201602173100024&Theme=99

Report loss of 7.22 sen. Very untrustable management.

PRGL up 5 sen today now more expensive than Parkson M'sia in share price.
http://www.google.com/finance?cid=702594

Calculative Chinese only buy new shirts/spend for CNY when near CNY ie Jan or some even in Feb so Q3 2016(Jan-Feb'16) sales is the one we bothered.