Posted by newbie5354 > 2017-05-01 01:43 | Report Abuse

ks55 what is your intention in i3 if looking for fight is what you all about? What not have your money place in FD?

Posted by Parkson > 2017-05-01 03:08 | Report Abuse

Hari Raya coming soon. Parkson sales will increase again.

Posted by ganasai > 2017-05-01 14:54 | Report Abuse

cheap can be cheaper. When people said buy at 50c, price can drop further to 25c. so really no need argue here. buy 2, 1, 0.50... actually all are same when the stock still bearish. So no need happy on 50c. May be that one is just another knife. So chai.

Posted by Mohd_Ali > 2017-05-01 16:56 | Report Abuse

This year Hari Raya come early. So take chance long weekend to shop in Parkson. Bought RM 350 worth of shirts and get RM 50 voucher.

Posted by SmartyAlek > 2017-05-01 20:58 | Report Abuse

if you know Parkson has losses this coming QR then you will be millionaire alrdy, which I bet you aren't because you have so much free time to create this account to bash up Parkson since a year ago.

Posted by nikicheong > 2017-05-02 12:59 | Report Abuse

Anyone have anything to say about the USD500m bonds due in May 2018 by the China Parkson? Moody's and Fitch have Parkson Retail Group at a terrible rating of B- and B3.

Posted by kelvin61 > 2017-05-02 22:47 | Report Abuse

Parkson is still in net cash after the bond value is deducted. At such low price and the underlying assets that they owned, many of which have yet to be revalued, I think it's safe to buy with spare cash and hold. TTB cannot be a fool to hold on to Parkson if the share has no hope, cheers.

Posted by mfmqqq > 2017-05-03 09:58 | Report Abuse

sell..tp0.47...sell

Posted by yucaihacai > 2017-05-03 12:38 | Report Abuse

parkson party start. 50 sen 收皮啦!

Posted by matmat > 2017-05-03 12:53 | Report Abuse

Breakout..uptrend coming

Posted by stock1288 > 2017-05-03 13:32 | Report Abuse

65 sen Resistance broken..... now on upward movement.

Posted by stock1288 > 2017-05-03 13:34 | Report Abuse

LIONIND is taking a Breather.

Playing catch-up with LionInd.

LIONFIB to play catch-up as well !

Posted by stock1288 > 2017-05-03 14:57 | Report Abuse

errr..... got psycho here ??

Posted by Apollo Ang > 2017-05-03 14:59 | Report Abuse

not here only many play until 1 nut lose already soon they must go tg rambutan, some win 1k only say win 6 figures but dare not show proof

Posted by stock1288 > 2017-05-03 15:06 | Report Abuse

nowadays..... so many people gone kookoo, also could be due to the investment scams.... very Sad situation

Posted by Apollo Ang > 2017-05-03 15:07 | Report Abuse

scam yet now new scam from jjptr offering 35% each month I think by 2nd month tutup again,those who kena quickly report police before he run away to rio de jenerio

Posted by TF Tan > 2017-05-03 15:58 | Report Abuse

today up 2 cents with good volume ... bright side ... i think really got psycho here disturbing the reading of forum.

Posted by SmartyAlek > 2017-05-03 17:44 | Report Abuse

ks55 is really psycho. look at his posts few days ago telling everyone to sell

Posted by SmartyAlek > 2017-05-03 18:52 | Report Abuse

only God knows whos richer. but you sound like you lose till need go tanjong rambutan

Posted by Stanley Sim > 2017-05-03 23:12 | Report Abuse

Interesting Stock.

Posted by steveooikp > 2017-05-04 10:57 | Report Abuse

coming....

Posted by TF Tan > 2017-05-04 11:48 | Report Abuse

another 2 cents up with good volume .... good.

Posted by kelvin61 > 2017-05-04 11:56 | Report Abuse

ICap still holding Parkson shares at above RM2. TTB cannot be so dumb to hold if he thinks Parkson will not rebound. So, hang on tight to your shares, cheers.

Posted by stock1288 > 2017-05-04 12:26 | Report Abuse

breaking 70 sen soon !

Posted by nikicheong > 2017-05-04 12:32 | Report Abuse

I wonder why it's rallying.

Posted by kelvin61 > 2017-05-04 12:48 | Report Abuse

Keep a close watch on the result announcement of it's two subsidiaries. They always report first. If they are positive, then Parkson will also have positive results, Cheers.

Posted by TF Tan > 2017-05-04 13:45 | Report Abuse

rallying becoz of someone discovered its under valued.

Posted by stock1288 > 2017-05-04 14:39 | Report Abuse

could be institutional or speculative buying, rotational play

Posted by jack2 > 2017-05-04 14:40 | Report Abuse

any change is company prospects?

Posted by stock1288 > 2017-05-04 14:48 | Report Abuse

current share price is grossly undervalued

Posted by HaoRan > 2017-05-04 14:50 | Report Abuse

wew, parkson can rise up..

Posted by projecti2016 > 2017-05-04 14:51 | Report Abuse

Can Parkson really rise up?

Posted by jibbie > 2017-05-04 18:06 | Report Abuse

looking at the crowd in parkson stores dont give me confidence. think parkson has to revamp its business model or it will die a slow death

Posted by nikicheong > 2017-05-04 19:15 | Report Abuse

I mean Parkson HK also up around 10% today. So Parkson Bhd still has room to run. It is indeed considered undervalued relative to the underlying values of the two listed subsidiaries (SOP with 30% holding co. discount).

I think best idea for Parkson is to just sell off their entire China business (they can get a very substantial amount, just for the prime buildings), then de-list SG, and consolidate the SEA operations under Parkson Bhd.

^^Referring to the guys above, I am actually a long-time Parkson fan. I buy my shirts and pants from there for many, many years. Reasonable price. No fuss returns/exchanges when things don't fit. No hanky panky T&Cs for their vouchers.

I just wish they brought online shopping to SEA. I already know the shirt + size I want...I rather buy from my home.

Posted by future > 2017-05-04 22:29 | Report Abuse

Short term buy guys..still value in there

Posted by future > 2017-05-04 22:31 | Report Abuse

Niki,,likes ur confidence in this stock..any short term target?

Posted by nikicheong > 2017-05-05 01:29 | Report Abuse

I don't do short term. Sorry. I invested on fundamentals and will keep until the fundamentals are fulfilled and will sell to cut loss if the fundamentals change adversely.

Posted by confuse > 2017-05-05 01:47 | Report Abuse

That's the problem with Malaysian investors. When low nobody want saying it not good only can drop. Actually to make money in stocks not buy low and sell high? How to make money when buy high(eg AirAsia, Ekovest, etc) to sell lower later?

Posted by Mohd Fahmi Bin Jaes > 2017-05-05 01:49 |

Post removed.Why?

Posted by confuse > 2017-05-05 01:55 | Report Abuse

Parkson at 66.5 sen now is like AirAsia in 2015 80 sen.

Posted by cutie > 2017-05-05 09:58 | Report Abuse

is parkson a good funtamental stock?? please advice..thanks

Posted by TF Tan > 2017-05-05 13:22 | Report Abuse

read their reports, fundamentally i feel its good .... personal view.

Posted by nikicheong > 2017-05-07 01:40 | Report Abuse

Parkson's fundamentals are actually really bad, that's why it's selling at 0.28X P/BV. They are rated B-/B3 by the rating agencies. Their debt:equity ratio is at 1.7:1. Their current ratio is below one.

Parkson has got absolutely terrible fundamentals, which is why it is so "cheap". Find me another stock trading at 0.28X P/BV? But I'm willing to take my chances that Parkson will ride this out in China and SEA. It's a risky bet. This is nothing like AirAsia at 80 cents, which still had solid fundamentals and a P/BV of about 0.8X at the time.

Long story short, Parkson is a gamble with poor fundamentals, but with the downside already heavily priced into the stock valuations. So you can kinda say it is gambling with the odds in your favor, to some extent. Allocate some money to this company, but don't go all in cause it may not end pretty. Set an exit if in 2 quarters time their balance sheet deteriorates even further and they fail to achieve any kind of Same Store Growth in China and SEA.

Posted by jack2 > 2017-05-07 09:43 | Report Abuse

many department stores are going to close shop
future is e-commerce
this one is yesterday stock
yes, very low but....

Posted by nikicheong > 2017-05-07 12:18 | Report Abuse

Don't disagree, Parkson is past it's prime. But if Parkson continues to exist, albeit with lower profitability, the current valuations are unjustified. It's either Parkson bungkus, or turns things somewhat around and the share price doubles/triples.

Posted by nikicheong > 2017-05-07 12:19 | Report Abuse

I'm willing to take my chances on this. It will never reach RM5 or RM10, but RM1-RM2 is achievable.

Posted by kelvin61 > 2017-05-08 14:39 | Report Abuse

He who is low fear no fall. Remember this well, cheers.

Posted by kelvin61 > 2017-05-08 14:45 | Report Abuse

When the turnaround kicks-in, there will be no chance to buy cheap. The price will be re-rated up very quickly. Just wait and see. People talk about e-commerce and buying online as if people around the world will stop going to departmental stores. Then do what at home? Be rational and imagine if the world will be devoid of departmental stores and F&B outlets in such places. Are these people really serious when they make such comments or do they have different agenda to promote their online biz?

Posted by kelvin61 > 2017-05-08 14:56 | Report Abuse

Tell me a business or a company that has never ever experience a slow-down in this world. Parkson is no different. It has experienced operational losses for the past 5 qtrs. Its not the end of the world. It happened due to China's economy taking a breather after many years of double digit growth. All businesses have ups and down. The question is? Are you going to buy ahead of a turnaround or are you a trader who trades shares that are in play daily. Then, this is not the share for you.

Posted by zaid > 2017-05-08 15:05 | Report Abuse

phb downside only 60-70sen now if all goes to zero but i dont think it will. if u buy airasia now downside could be RM1 or higher. sure, airasia might rally some more but upside limited now. i think phb is good for long term