Posted by steveooikp > 2017-05-26 15:54 | Report Abuse

pakatan - spore govt long time ago aldy abolished pension system for govt servants.
imagine Malaysia got the biggest ratio of govt servant VS rakyat !!! ....
how long can you feed them?
after they die, their partner (wife / hubby) is still entitled to receive the salary from the govt... do u know that!

You go to private sector - u got all these? where got pension? by age of 55 or 60 ... u have to retire but live on your own EPF or have to find a small business or find another lower pay easy job... but in Malaysia, old ppl can't work in MCD, or pizza hut... where we can go?

Posted by steveooikp > 2017-05-26 15:55 | Report Abuse

you nickname is pakatan... you like pakatan?? ... ok, I salute to you !!! at least they have few good one.... if their altitude remain... don't change.

Posted by steveooikp > 2017-05-26 16:05 | Report Abuse

teacher full of hatred, anger, frustration, impatient.....
why?
Bcos he was rejected by his beautiful female student, his heart has been hurt so much

Posted by yucaihacai > 2017-05-27 10:27 | Report Abuse

agreed with pakatan harapan 2 that government fund have to support company who give jobs to youths not only strive for profits.

Posted by pakatan_harapan2 > 2017-05-27 10:56 | Report Abuse

ks55 is a very bad teacher. Does not deserve govn pension buta buta. If Pakatan takeover will cut his pension by half.

Posted by pakatan_harapan2 > 2017-05-27 10:57 | Report Abuse

Why ks55 never mention PRGL and PRA go up yesterday?
https://www.bloomberg.com/quote/3368:HK
https://www.bloomberg.com/quote/PRA:SP

Posted by pakatan_harapan2 > 2017-05-27 11:41 | Report Abuse

If Parkson stores close not only Parkson workers will be jobless. Shopping malls business eg eateries biz also will be affected thereby even create more joblessness. Even Star will lose advertisement revenue, etc. If Pakatan takeover we can help in 3 ways:
1) Government funds must buy Parkson
2) Give certain tax exemptions since Parkson create a lot of jobs
3) Ask government servants support buying Parkson products through voucher given

Posted by Parkson8888 > 2017-05-28 21:36 | Report Abuse

Takeover offer for Wing Tai Malaysia seen undervalued
Read more at http://www.thestar.com.my/business/business-news/2017/05/27/takeover-offer-for-wing-tai-malaysia-seen-undervalued/#B3tEs1129tQbCj9q.99

Posted by Parkson8888 > 2017-05-28 21:37 | Report Abuse

Wing Tai(going to be privatised) also operate apparel retailing like Parkson. Could Parkson next to be privatised?

Posted by nikicheong > 2017-05-29 10:41 | Report Abuse

PRGL has gapped up today. What's the reason?

Posted by kelvin61 > 2017-05-29 11:17 | Report Abuse

Good news coming.

Posted by Michael Wong Yew Kong > 2017-05-29 11:20 | Report Abuse

What good news. Close shop?

Posted by TheLegend27 > 2017-05-29 13:52 | Report Abuse

good time to buy now?

Posted by steveooikp > 2017-05-29 14:35 | Report Abuse

ks55 deleted all his bad postings..... he wants to maintain good image to his students....

Posted by AnonymousJr > 2017-05-29 21:49 | Report Abuse

Typically analysts ("experts") use earnings and future earnings based valuation methods. FOR EXAMPLE, if you rent a house valued at RM1mil for rm1500 per month, the valuation on the house is based on the rm1500 monthly income or RM18,000 annually. If you only collect RM15,000 a year or collect nothing at all due to renovation cost etc, they revise the house price downwards. Of course the best way is to look at the company's balance sheet or their net assets AND at the same time figure out if they can continue collecting their "rent" UNLESS the company behaves like an investment company that buys and sells property as well as having an operating business that utilises these properties.

Posted by kelvin61 > 2017-05-29 23:53 | Report Abuse

Some of these analysts are not fit to be in this profession. For instance, they tell you that Parkson's target price is revised downwards to 0.51 for 2017 due to further losses although the house estimate the company to turnaround from 2018 and 2019 with profit of 6 Sen and 7 Sen respectively. So, only dumb investors will follow them as they may want to ram it rock low for the stockist to buy for the house.These are the type of low standard analysts we have in this country aka Malaysia Boleh.

Posted by paperplane2016 > 2017-05-29 23:57 | Report Abuse

Memangpun. Low quality analyst

Posted by nikicheong > 2017-05-30 02:50 | Report Abuse

http://www.scmp.com/business/article/2096053/hong-kong-stocks-inch-lower-lukewarm-turnover-expected-festival-looms

Interesting, seems like speculative buying due to a potential tie-in with an e-commerce giant?

Posted by steveooikp > 2017-05-30 16:35 | Report Abuse

so need to sell or not? now 60 sen...
damn lor... I bot 65 sen... did not sell at 72 sen...

Posted by future > 2017-05-30 17:36 | Report Abuse

Relax steve..I am buying..sell to me..I will take

Posted by future > 2017-05-30 19:48 | Report Abuse

But hold on is the strategy now..don't sell!!!

Posted by nikicheong > 2017-05-31 00:12 | Report Abuse

Have faith Steve. I bought at RM0.64, I'm steady ni. It will take time, but should Parkson turnaround, you're looking at a multibagger here. Just wait. Cut loss when it drops below RM0.50.

Posted by limch > 2017-05-31 09:40 | Report Abuse

PRGL got drop?
https://www.bloomberg.com/quote/3368:HK

Posted by limch > 2017-05-31 09:41 | Report Abuse

Ask Parkson reward us PRGL share.

Posted by jack2 > 2017-05-31 09:56 | Report Abuse

retail malls and oil n gas counters are game over

Posted by Pen6 > 2017-05-31 09:56 | Report Abuse

Sure ! Tak pa yah Ask, WC is rewarding you a ticket to hollandjaya trip, not parkson nor PRGL or PRA share palsa sudah beli PHB, auto lulus no sweet!

Posted by Vincent1368 > 2017-05-31 16:51 | Report Abuse

Better sell all parkson share ..if not will regret soon.

Posted by Vincent1368 > 2017-05-31 16:54 | Report Abuse

Parkson is fighting losing battle against Ecommerce. Only way out is to convert to F&B or close shop and sell all then distribute surplus cash to all. Better attend parkson AGM and tell William Cheng to change strategy.

Posted by nikicheong > 2017-05-31 17:29 | Report Abuse

Vincent1368, it is in these darkest days that the best returns can be achieved. To me, compared to 3 months ago...the fundamentals have not changed...in fact looking at PRGL's results, the fundamentals have improved. So I'll be the first to admit if I made a shitty investment...but in the words of Graham and Lynch...you don't sell unless the story changes.

I'm in two minds as to whether I should double down or not...cause I do see some other promising investment opportunities too.

Posted by kelvin61 > 2017-05-31 18:43 | Report Abuse

Really good buy as Parkson drops below 0.60. The price is currently heading towards the silly analyst recommendation of 0.51. I'm sure PRGL will turn the corner soon. Don't forget the big middle class ability to spend in China. Very huge market to tap. Besides, its in net cash, generating positive cash flow and selling only 0.24 times its book value currently. Do not forget a number of its malls in China has yet to be revalued and is carrying the original cost. Any long term investor that believe in the Parkson turnaround story will buy without hesitation. I believe TTB is still holding tightly to their shares and this should provide some form of comfort, cheers.

Posted by future > 2017-05-31 20:59 | Report Abuse

Wow..really enticing to buy tomorrow morning.. sure will in red will buy some
Thanks Kelvin61 giving support to buy now..

Posted by property > 2017-06-01 10:13 | Report Abuse

NAPS RM 2.2831 not Parkson assets? Who sell at 57.5 sen? P/NAPS 0.26 who got such house to sell I want to buy.
https://klse.i3investor.com/servlets/stk/5657.jsp

Posted by property > 2017-06-01 10:15 | Report Abuse

P/NAPS=0.26 buy RM 1 million house for RM 260K who want to sell house?

Posted by jack2 > 2017-06-01 10:28 | Report Abuse

low but going lower

Posted by kelvin61 > 2017-06-01 12:10 | Report Abuse

Remember the old adage saying in the market, You can never buy at the lowest nor sell at the highest. So, no prizes for being lucky to buy at the lowest. Its the selling price that counts, cheers.

Posted by Icon8 > 2017-06-01 14:28 | Report Abuse

OK I buy. PRGL and PRA both up today.
https://www.bloomberg.com/quote/3368:HK
https://www.bloomberg.com/quote/PRA:SP

Posted by confuse > 2017-06-01 16:29 | Report Abuse

67.6% owned PRGL up 2 sen.
https://www.bloomberg.com/quote/3368:HK

Posted by nikicheong > 2017-06-01 20:16 | Report Abuse

What baffles me is that PRGL is at a 52-week high and Parkson is at an ALL TIME LOW? I mean there's too much disconnect here. As PRGL has continued rising in the past 6 months, Parkson Bhd has been gradually trending downwards.

Now, who is more right? Parkson Bhd's investors or PGRL's investors?

Fascinating to see how this plays out in the coming months/years. Certain that I will love lots of invaluable lessons from this, no matter if I end up making a ton of money or losing a ton of it.

Posted by stockmanmy > 2017-06-01 20:51 | Report Abuse

Don't know about Parkson overseas, but Parkson Malaysia is going the way of Kmart and Sears of America.....

if even Aeon is struggling, Parkson is hopeless case.

Posted by stockmanmy > 2017-06-01 22:05 | Report Abuse

ks

you should watch the you tube why Kmart go bankrupt.....Parkson has all the signs.

Posted by stockmanmy > 2017-06-01 22:56 | Report Abuse

Parkson has lost its customers already, Never coming back.

Uniglo/ Wing Tai is where customers are.

Posted by soros168 > 2017-06-02 09:39 | Report Abuse

M'sians don't go shopping? Why a shopping counter so cheap? In US it will cost at least US 2 to buy 1 shopping counter. Can I buy whole Parkson? Who want to sell?

Posted by HamzahB > 2017-06-02 09:41 | Report Abuse

In US malls also dying left and right.

Posted by jack2 > 2017-06-02 09:45 | Report Abuse

future is e-commerce and IT
majority of malls will be eeriee...

Posted by soros168 > 2017-06-02 09:50 | Report Abuse

Why ks55 talk like idiot? Is he a billionaire?

Posted by soros168 > 2017-06-02 09:51 | Report Abuse

Where to find ks55 name in newspaper or book?

Posted by soros168 > 2017-06-02 09:51 | Report Abuse

Sell to me more 58-58.5 sen.

Posted by lion188 > 2017-06-02 15:47 | Report Abuse

Parkson rewards us 10-15% PRGL. Balance you can keep. CIMB also do the same with CIMB Niaga . Now up over 50% from RM 4 just last year.

Posted by Mohd_Ali > 2017-06-04 21:15 | Report Abuse

Online shoppers in a web of scammers
https://www.nst.com.my/news/exclusive/2017/06/245502/online-shoppers-web-scammers

Posted by nikicheong > 2017-06-05 10:23 | Report Abuse

PRGL up by another 7 cents so far, Parkson Bhd is down 0.005 sen. I mean, WTF? How can there be such a divergence? I feel like this is a classic case of a mispriced security...but I don't have the guts to go all in. I am going to "wait and see" and learn...but I may regret not throwing in everything at 0.575.