Posted by kelvin61 > 2017-06-05 11:57 | Report Abuse

PRGL at 52wk high of 1.26. Indication of business turnaround in China. Buy PHB when it is still cheap.

Posted by kelvin61 > 2017-06-05 11:59 | Report Abuse

PRGL now @ 1.28 up 0.12. Buy PHB before miss the boat, cheers.

Posted by kelvin61 > 2017-06-05 16:38 | Report Abuse

PRGL now @ 1.32, up 0.16. PHB will be moving soon, cheers.

Posted by Mohd_Ali > 2017-06-05 20:07 | Report Abuse

Malaysia is best retail market worldwide after China, India
Read more at http://www.thestar.com.my/business/business-news/2017/06/05/malaysia-is-best-retail-market-worldwide-after-china-and-india/#Y9TS3HQCzXLkXGxo.99

Posted by kelvin61 > 2017-06-06 10:25 | Report Abuse

This morning PRGL hit 1.41, up 0.09. When will PHB play catch up? Time will tell, cheers.

Posted by nikicheong > 2017-06-06 20:52 | Report Abuse

WTF man. What's going on in PRGL? Dude this is insane!!! Parkson Bhd's stake in PRGL is worth more than its entire market cap!

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

PRGL market cap is HKD3.64 bil. PHB owns 53.5% of PRGL. 1 HKD = 0.55 MYR.

Therefore PHB's stake in PRGL is worth RM1.07 bil.

Current PHB market cap = RM645 mil.

This doesn't even count its stake in PRAL which is worth around RM200mil.

Now the question is, is PRGL rising based on unfounded speculation...or do the guys there know something we don't? If PRGL's ascent is lasting, then sooner rather than later PHB's valuation will also catch up, no doubt.

Posted by kelvin61 > 2017-06-06 21:53 | Report Abuse

Like the saying goes, In the short-term the market is a voting machine but in the long term it's a weighing machine. So, be patient as patience is virtue.

Posted by nikicheong > 2017-06-06 22:58 | Report Abuse

Can anyone here go to China websites and see why Parkson Retail Group is going so high? I am not able to type in Chinese. Doing an English language search yields nothing.

There must definitely be a reason.

Posted by future > 2017-06-06 23:20 | Report Abuse

Buy more befor WC brings money n pump in to PHB

Posted by LEARNINGINVESTOR > 2017-06-07 08:29 | Report Abuse

nikicheong, hope this will help....

新浪港股讯 据香港明报报道，新世界系再有新动作，旗下在内地经营百货店的新世界百货（0825），昨日开市前申请停牌，以待根据《收购及合并守则》刊发公告。市场内有消息称，这或与该系拟私有化新百货有关。若然有关消息属实，将是新世界继新世界中国后又一私有化行动，令旗下直接控股的上市公司，将只余新创建（0659）一家。

　　新百货停牌前收报1.33元，总市值仅22.43亿元，相比2016年底止资产净值57.26亿元，有60.8%折让。比较该集团在2007年7月12日上市时的每股作价5.8元，更已大跌77.1%。即使加上自2008年至2015年度每股派息共1.353元，仍比起招股价有53.7%折让。

　　本报曾经致电新世界查询，惟公司称未有具体消息可供透露。新百货发言人则回复本报查询时指，集团有重大的工作安排中，估计这两日可能会发出公告作进一步交代。

　　新百货发言人：这两日发公告交代

　　市场内早已盛传新百货有机会私有化。昨日该股停牌后，投资者转向追捧其他如百盛（3368）、岁宝（0312）、茂业（0848）及华地（1700）等内地百货股，升幅最多为百盛，全日股价炒高达13.8%，罕有地打入20大升幅榜内。

　　内地百货股炒起 百盛飙逾一成

　　新百货现时在内地22个城市，经营共37家自有百货店及4家管理店，除了在上海因注册商标问题，以‘巴黎春天’为百货店命名之外，其余则以‘新世界百货’命名。近年该集团更增开烘焙面包店，甚至参与经营MOSCHINO等三个高端时尚品牌，以及扩阔了旗下LOL原创生活概念店的商品范围至茶品、鲜花和艺术品等。同时其亦开拓韩式快餐店等业务。

　　遇零售低潮 去年上半年利润重返亿元水平

　　不过，近年新百货一如其他内地百货同业一样，面对内地零售业低潮，即使其在去年底止中期业绩，终于扭转劣势，其净利润重回近亿元水平，赚9245.8万元，但是其盈利相比2011年度高峰时、年赚近8.5亿元的水平，已经不可同日而语。

　　新百货上市10年，手持现金、定期存款等水平，亦由最高峰2011年时的41.53亿元，到去年底止中期时的18.77亿元而已。

责任编辑：白仲平

Posted by curious2 > 2017-06-07 10:10 | Report Abuse

PRGL use to trade very high(HKD 2 in 2015) like Parkson. After drop a lot rebound make sense.
https://www.bloomberg.com/quote/3368:HK

Posted by nikicheong > Jun 6, 2017 10:58 PM | Report Abuse

Can anyone here go to China websites and see why Parkson Retail Group is going so high? I am not able to type in Chinese. Doing an English language search yields nothing.

There must definitely be a reason.

Posted by confuse > 2017-06-07 22:48 | Report Abuse

PRA back to SGD 10 sen. Why Parkson drop and below 60 sen? IBs' playing short not caught?
https://www.bloomberg.com/quote/PRA:SP

Posted by Why_ > 2017-06-13 16:46 | Report Abuse

PRGL up 5 sen.
https://www.bloomberg.com/quote/3368:HK

Posted by kelvin61 > 2017-06-14 19:12 | Report Abuse

Prgl up another 9 sen today to close at 1.36.

Posted by kelvin61 > 2017-06-15 22:06 | Report Abuse

Ks55, the counters you recommend above are no doubt decent companies worth investing. Having said that, it does not mean that parkson is not a good buy at such depressed prices. It's during such periods can you get to buy companies with good market repute and share for pennies. So you need to look at the circumstances that has resulted in parkson losing currently. It's beyond most retail businesses operating in a big way in markets like China, Malaysia and Indonesia. They all have their local issues which has caused a temporary slow down in parkson's business. Tell me how many businesses in this world that did not ever experience a slow down. It's during times like these that you get the opportunity to buy such good cash generating assets for a song. If parkson is still profitable, do you think you will be looking at the current price? Take a good hard look at their assets and the good cash flow they generate and you will realise that it's a great buy. Most analyst recommendations result in people losing their pants. They will tell you to buy even at sky high prices obviously with an agenda and will tell you to sell even when the share is selling at dirt cheap prices when they start to report lower profits and/or losses. So tell me how are you going to make money when these analyst change their recommendations overnight like changing clothes the moment the companies they recommend suddenly start reporting losses. You will be caught with your pants down after buying into these high flyers. So stay safe and remember, He who is low fear no fall. Goodnight.

Posted by kelvin61 > 2017-06-15 23:59 | Report Abuse

If you believe in what you say then don't buy even at 50 sen. It does not make sense. The difference is only 8 sen. You need to be credible in your argument. If you strongly believe that parkson is so bad, then 50 sen is a lot to pay for all that you have mentioned above. Just remember, it's no point comparing with companies which are in trouble due to over-gearing. Companies should be looked at in isolation. Parkson has no connection with WC's steel business. Anyway, you're entitle to your opinion and I wish you well in your stock picks, cheers.

Posted by Vincent1368 > 2017-06-19 00:12 | Report Abuse

Holland stock better cut lose

Posted by future > 2017-06-19 00:21 | Report Abuse

I really agree with you Kelvin61...ur point is really suprrb

Posted by Salmah > 2017-06-19 09:44 | Report Abuse

Bought RM 500 Raya dress yesterday at Parkson. Hopefully coming QR will see another record revenue.

Posted by speakup > 2017-06-19 17:21 | Report Abuse

dead counter. AVOID!

Posted by speakup > 2017-06-19 17:21 | Report Abuse

one day will be PN17.
just a matter of time

Posted by curious2 > 2017-06-20 16:29 | Report Abuse

PRA up 4.12%.
https://www.bloomberg.com/quote/PRA:SP

Posted by Beginner1 > 2017-06-21 08:56 | Report Abuse

Great! I think Parkson will join sometimes soon

Posted by ks55 > 2017-06-22 21:09 | Report Abuse

Stock: [PARKSON]: PARKSON HOLDINGS BHD
Jun 22, 2016 04:18 PM | Report Abuse

2016年5月03日, 鍾廷森接受《The Edge財經日報》專訪時，不否認公司股價受打壓
为什么受打壓? 他不敢解释

1. Parkson lost 36m Q3.
Net lost attributed to share holder 25.5m
Maju Junction 3 month loss 5m, 6 months loss 11m.
So total losses from Maju Junction (only 9 months) is estimated to be 15m for FYE2016.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5110537

2. Lion Industries lost 130m Quarter ending 31 Mac 2016.
Lost attributed to share holders stood at 115m.
Lost per share 16.5 sen.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5111885

3. LionForest Industries lost 54m Quarter ending 31 Mac 2016
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5109381

4. Lion Diversified lost 34m Quarter ending 31 Mac 2016
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5093917

5. Lion Corp lost 91m Quarter ending 31 Mac 2016
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5094137

6. With all meow-meow losing money, and not able to pay dividend, how WC going to pay interest on margin finance of his pledged securities to tune of 20m to 50m a year?

7. Also take note Parkson derives its valuation from these two operating units. They are selling dirt 'cheap' now, and should be going down some more.
PRGL at HK$0.69 - record low, will break its own record again.
PRA at S$0.1580 - near record low, can make record any time.
Sum of Parts (SOP) is at 69 sen.
With 30% discount attached to holding company (as safety margin), safe to buy at not more than 50 sen.

8. WC has been selling Parkson share at around 91 sen.
WC sold 10.35M Parkson shares on 12.04.2016, 2.06M on 14.04.2016, and 2.18M on 20.04.2016 and 5.3m on 26.04.2016.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5058957
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5064589
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5083313
http://klse.i3investor.com/servlets/stk/annchdr/5657.jsp

9. Meaning that either he think the share already overvalued, or he has to get some money to pay interest, or the pledged shares were forced sold, or he invite all meow-meow share-holders to go holland together with him.

10. All Lion meow-meow face potential forced selling by the creditors.
This include Parkson shares.

11. Parkson rests on yesteryears business model. No hope for any turn around at least in next 3 years.

12. Share Buy-backs are weakening the balance-sheets even of the most cash-rich firms.
Is Parkson really cash rich? How about 89.39m interest paid for 9 months on 2.49 billion borrowings? Since 2008, WC already used up 2.1 billion to buy back Parkson shares, otherwise he could have saved 75m on interest payment for 9 months.

13. Parkson share buy-back has become a kind of corporate cocaine that induces a temporary feeling of invincibility but masks weakness and vacuity. It has become a norm for any punter to buy by 4.30pm, then park to sell at 4.49pm. WC is going to pay these punters 'toll' to push up closing price everyday. He cannot stabilize Parkson share price with such tactic, but just draining the valuable cash.
Worst still it become clear for WC to commit suicide by drinking sea water in the ocean to quench thirst (飲鳩止渴).
Sooner or later Parkson is going to bleed to death.

14. Please don't tell me WC cannot understand the logical reasoning above. To me, he is paying peanuts to get monkeys to run his business empire -- from the very top to the sales personnel.
Don't believe, just go to any Parkson outlet to see what are the sales girls doing......

Posted by ks55 > 2017-06-22 21:44 | Report Abuse

Blog: The Art of Successful Investing in the Stock Market kcchongnz
Aug 21, 2016 01:16 PM | Report Abuse

PRA 3 month lost S$12m. -- Parkson, which does not have stores in Singapore, reported that net loss for the three months to June 30 was S$12 million.

PRGL 3 month lost RMB 106.4m. -- Parkson Holdings’ China arm, Parkson Retail Group (PRG) reported its 2QFY16 net loss of 106.4mil renmimbi.

Parkson Holding Bhd 3 month lost (12m x 3.0 x 0.676) + (106.4m x 0.51 x 0.547) + 4.0m (Maju Junction) + 2.0m (Net Interest charges) = 60m
Expecting result be out by 26.08.2016.


Do you think Parkson still can hold at 75 sen?
Do you think Parkson will be at 70 sen by 28.08.2016?
Do you think Parkson can come down to 60 sen?
Do you think when Affin Hwang start to force sell pledged shares, Parkson can come down to 50 sen?

WC is clever, he sold 5.0m Parkson shares at 80 sen on 17.08.2016, at the same time using Ah Kong's money to institute SBB 330k at 80.5 sen on 16.08.2016, and 280k at 78.5 sen on 18.08.2016.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5180069
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5177753
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5180125

Posted by kelvin61 > 2017-06-24 13:02 | Report Abuse

Ks55, I'm afraid you got most of your assertions above wrong. Please take a good hard look at the AR of the three companies and their latest quarterly announcement and it is not all doom and gloom. I hope you know how to read and interpret the financial statements. Online business will never ever be able to replace the physical retail business. Have a nice day.

Posted by ks55 > 2017-06-24 15:33 | Report Abuse

Which part is wrong?
List down one by one.

For I am good at financial analysis, that make me very much better than most of you.

Do I lose money in Parkson?
No.

Do you lose money in Parkson?
If you have bought any time before yesterday, most likely you have lost a fortune.

Will I make money from Parkson?
Yes. Only at the expense of those who cannot see right things with right eyes......

Posted by Dato_Haris > 2017-06-26 13:53 | Report Abuse

Bought RM 5000 baju raya this year with gain from selling Ekovest.

Posted by Nazir_Razak > 2017-06-26 14:04 | Report Abuse

Spend RM 5K on baju raya this year. Another RM 10K spent for donating baju raya to anak yatim.

Posted by future > 2017-06-26 16:02 | Report Abuse

wow..that's generous..like that Parkson make profit for next quarter result, buy

Posted by William_Cheng > 2017-06-27 05:40 | Report Abuse

Agree. Many online business turn out to be fake 1. Be careful. Instead of saving some money you might lose 100% your money buying online.

kelvin61 Ks55, I'm afraid you got most of your assertions above wrong. Please take a good hard look at the AR of the three companies and their latest quarterly announcement and it is not all doom and gloom. I hope you know how to read and interpret the financial statements. Online business will never ever be able to replace the physical retail business. Have a nice day.
24/06/2017 13:02

Posted by William_Cheng > 2017-06-27 05:40 | Report Abuse

I last bought at 75 sen. Still own 59.79% Parkson. My true name is TAN SRI CHENG HENG JEM. Don't be fooled by untrue postings here. Even our PM Jibby always warn untrue social media news.
https://klse.i3investor.com/insider/director/5657/06-Oct-2016/120527_3062074081.jsp

Posted by William_Cheng > 2017-06-27 05:49 | Report Abuse

ANALYSIS OF SHAREHOLDINGS
Share Capital as at 30 September 2016
Authorised Capital : RM4,500,000,000
Issued and Paid-up Capital : RM1,093,902,050
Class of Shares : Ordinary shares of RM1.00 each
Voting Rights : One (1) vote per ordinary share
Distribution of Shareholdings as at 30 September 2016
No. of % of No. of % of
Size of Shareholdings Shareholders Shareholders Shares Shares (a)
Less than 100 2,201 16.12 67,013 0.01
100 to 1,000 1,897 13.89 786,517 0.07
1,001 to 10,000 6,764 49.54 24,132,593 2.23
10,001 to 100,000 2,439 17.86 63,594,390 5.89
100,001 to less than 5% of issued shares 349 2.56 626,613,269 57.98
5% and above of issued shares 4 0.03 365,476,388 33.82
13,654 100.00 1,080,670,170 100.00
Substantial Shareholders as at 30 September 2016
Direct Interest Indirect Interest
Substantial Shareholders No. of Shares % of Shares (b) No. of Shares % of Shares (b)
1. Tan Sri William H.J. Cheng 297,853,526 27.56 347,872,796 32.19
2. Tan Sri Cheng Yong Kim 7,170,986 0.66 322,747,673 29.87
3. Dynamic Horizon Holdings Limited – – 315,741,147 29.22
4. Lion Industries Corporation Berhad 70,617,853 6.53 245,123,294 22.68
5. Lion Forest Industries Berhad 56,000,000 5.18 – –
6. LLB Steel Industries Sdn Bhd – – 233,693,845 21.63
7. Steelcorp Sdn Bhd – – 233,693,845 21.63
8. Amsteel Mills Sdn Bhd 177,559,617 16.43 56,134,228 5.19
9. Lembaga Tabung Haji 105,458,219 9.76 – –
Notes:
(a) Excluding a total of 13,231,880 shares in the Company bought back by the Company and retained as treasury shares according
to the Record of Depositors as at 30 September 2016.
(b) Excluding a total of 13,281,880 shares in the Company bought back by the Company and retained as treasury shares as at
30 September 2016.
200
Thirty Largest Registered Shareholders as at 30 September 2016
No. of % of
Registered Shareholders Shares Shares (a)
1. AMSEC Nominees (Tempatan) Sdn Bhd 142,887,730 13.22
MTrustee Berhad for Cheng Heng Jem
2. Lembaga Tabung Haji 103,763,219 9.60
3. Kenanga Nominees (Tempatan) Sdn Bhd 61,652,196 5.71
Pledged Securities Account for Cheng Heng Jem
4. HSBC Nominees (Tempatan) Sdn Bhd 57,173,243 5.29
Pledged Securities Account for Cheng Heng Jem (105-710073)
5. Amsteel Mills Sdn Bhd 45,084,780 4.17
6. RHB Nominees (Tempatan) Sdn Bhd 40,902,750 3.78
OSK Capital Sdn Bhd for Amsteel Mills Sdn Bhd
7. Affin Hwang Nominees (Tempatan) Sdn Bhd 38,816,798 3.59
Pledged Securities Account for Cheng Heng Jem (M09)
8. RHB Nominees (Tempatan) Sdn Bhd 34,689,636 3.21
Bank of China (Malaysia) Berhad
Pledged Securities Account for Amsteel Mills Sdn Bhd - 1
9. RHB Nominees (Tempatan) Sdn Bhd 34,243,212 3.17
Bank of China (Malaysia) Berhad
Pledged Securities Account for Amsteel Mills Sdn Bhd - 2
10. RHB Nominees (Tempatan) Sdn Bhd 29,631,353 2.74
OSK Capital Sdn Bhd for Lion Industries Corporation Berhad
11. RHB Nominees (Tempatan) Sdn Bhd 20,108,737 1.86
Industrial and Commercial Bank of China (Malaysia) Berhad
Pledged Securities Account for Cheng Heng Jem
12. Citigroup Nominees (Tempatan) Sdn Bhd 19,089,454 1.77
Employees Provident Fund Board
13. RHB Nominees (Tempatan) Sdn Bhd 17,672,692 1.64
Bank of China (Malaysia) Berhad
Pledged Securities Account for Amsteel Mills Sdn Bhd - 3
14. Affin Hwang Nominees (Tempatan) Sdn Bhd 17,600,000 1.63
Trillionvest Sdn Bhd
15. Alliancegroup Nominees (Tempatan) Sdn Bhd 14,415,157 1.33
Pledged Securities Account for Cheng Heng Jem (8119566)
16. MIDF Amanah Investment Nominees (Tempatan) Sdn Bhd 13,448,254 1.24
Pledged Securities Account for Tan Sri Cheng Heng Jem (MGN-WCH0004M)
17. AMSEC Nominees (Asing) Sdn Bhd 11,429,449 1.06
MTrustee Berhad for Excel Step Investments Limited
18. DB (Malaysia) Nominee (Tempatan) Sendirian Berhad 10,742,298 0.99
icapital. biz Berhad
19. Alliancegroup Nominees (Tempatan) Sdn Bhd 10,059,164 0.93
Pledged Securities Account for Lion Industries Corporation Berhad (8106442)
20. Maybank Nominees (Tempatan) Sdn Bhd 9,848,213 0.91
Asian Finance Bank Berhad for Trillionvest Sdn Bhd (SF)
21. HSBC Nominees (Asing) Sdn Bhd 8,452,438 0.78
J.P. Morgan Securities Plc
22. Citigroup Nominees (Asing) Sdn Bhd 8,403,808 0.78
CBNY for State Teachers Retirement System of OHIO
23. RHB Nominees (Tempatan) Sdn Bhd 7,851,900 0.73
Pledged Securities Account for Lion Industries Corporation Berhad
24. Citigroup Nominees (Asing) Sdn Bhd 7,706,742 0.71
CBNY for Dimensional Emerging Markets Value Fund
25. Lee Shin Cheng @ Lee Leong 7,561,365 0.70
26. Cheng Yong Kim 7,170,986 0.66
27. Lion Realty Private Limited 7,006,526 0.65
28. HSBC Nominees (Asing) Sdn Bhd 6,829,816 0.63
BBH and Co Boston for Vanguard Emerging Markets Stock Index Fund
29. RHB Nominees (Tempatan) Sdn Bhd 6,530,790 0.60
Bank of China (Malaysia) Berhad
Pledged Securities Account for Lion Industries Corporation Bhd - 2
30. Kenwingston Sdn Bhd 6,300,000 0.58

Posted by William_Cheng > 2017-06-27 06:06 | Report Abuse

LIST OF GROUP PROPERTIES
AS AT 30 JUNE 2016
Tenure/ Existing Use/ Net Date of
Address Expiry Date for Area Description Age of Building Book Value Acquisition/
Leasehold (Year) (RM Million) Last Revaluation
1. 44-60, Zhongshan Road Leasehold 76,013.2 Commercial Shopping 118.0 June 2004
Shinan District, Qingdao, 3.4.2045 sq metres building complex and
Shandong Province, China office
(16)
2. 127, Renming Zhong Road Leasehold 30,498.6 Commercial Shopping 29.3 June 2004
Wuxi, China 22.4.2044 sq metres building complex and
office
(20)
3. 239, Dongda Street Leasehold 17,755.4 Commercial Shopping 20.4 June 2004
Xi’an, China 1.5.2040 sq metres building complex
(19)
4. 37, Financial Street Leasehold 60,888.6 Commercial Shopping 437.1 July 2006
Xicheng District 30.10.2047 sq metres building complex and
Beijing, China office
(22)
5. 88, Er Dao Street Leasehold 42,574.0 Commercial Shopping 187.0 January 2008
Tie Dong District 11.5.2040 sq metres building complex
Anshan City (29)
Liaoning Province, China
6. New Urban Area Nga Nam Leasehold 23,000.0 Commercial Shopping 60.2 June 2009
Catbi Airport 4.11.2075 sq metres building complex
Ngo Quyen District (10)
Hai Phong City, Vietnam
7. Block 1, No. 12 Leasehold 62,681.0 Commercial Shopping 594.8 December 2009
Qi Sheng Middle Road 30.8.2044 sq metres building complex and
Chaoyang District office
Beijing, China (6)
8. The Northeast Corner Leasehold 61,426.2 Commercial Shopping 448.8 March 2013
of Nanmenwai Street 10.7.2052 sq metres building complex
and Shenyi Street under
Heping District construction
Tianjin, China
9. Kawasan Bandar XLII
Daerah Melaka Tengah
Melaka
- Lot No. PT 842, Leasehold 23.2 acres Land For mixed 151.8 December 2012,
HS(D) 72191 28.11.2111 development January 2015
- Lot No. PT 845, Leasehold 6 acres Land For mixed 39.2 January 2015
HS(D) 80216 25.5.2113 development
10. CBD Sektor VII Bintaro Jaya Leasehold 2,981 Land Retail space 39.4 March 2015
B.07 Blok D No. 5 18.12.2020 sq metres and office
Pondok Jaya, Pondok Aren and under
Tangerang Selatan, Banten 20.10.2028 construction
Indonesia
11. No. 195, Leasehold 228,622.0 Commercial Shopping 987.1 December 2015
Hong Kong East Road 5.12.2050 sq metres building complex
Laoshan District, Qingdao (1)
Shandong, China

Posted by William_Cheng > 2017-06-27 06:24 | Report Abuse

If read 2016 AR Parkson has properties worth over RM 3 billion.

Posted by Parkson8888 > 2017-06-27 06:25 | Report Abuse

LIST OF GROUP PROPERTIES
AS AT 30 JUNE 2016
Tenure/ Existing Use/ Net Date of
Address Expiry Date for Area Description Age of Building Book Value Acquisition/
Leasehold (Year) (RM Million) Last Revaluation
1. 44-60, Zhongshan Road Leasehold 76,013.2 Commercial Shopping 118.0 June 2004
Shinan District, Qingdao, 3.4.2045 sq metres building complex and
Shandong Province, China office
(16)
2. 127, Renming Zhong Road Leasehold 30,498.6 Commercial Shopping 29.3 June 2004
Wuxi, China 22.4.2044 sq metres building complex and
office
(20)
3. 239, Dongda Street Leasehold 17,755.4 Commercial Shopping 20.4 June 2004
Xi’an, China 1.5.2040 sq metres building complex
(19)
4. 37, Financial Street Leasehold 60,888.6 Commercial Shopping 437.1 July 2006
Xicheng District 30.10.2047 sq metres building complex and
Beijing, China office
(22)
5. 88, Er Dao Street Leasehold 42,574.0 Commercial Shopping 187.0 January 2008
Tie Dong District 11.5.2040 sq metres building complex
Anshan City (29)
Liaoning Province, China
6. New Urban Area Nga Nam Leasehold 23,000.0 Commercial Shopping 60.2 June 2009
Catbi Airport 4.11.2075 sq metres building complex
Ngo Quyen District (10)
Hai Phong City, Vietnam
7. Block 1, No. 12 Leasehold 62,681.0 Commercial Shopping 594.8 December 2009
Qi Sheng Middle Road 30.8.2044 sq metres building complex and
Chaoyang District office
Beijing, China (6)
8. The Northeast Corner Leasehold 61,426.2 Commercial Shopping 448.8 March 2013
of Nanmenwai Street 10.7.2052 sq metres building complex
and Shenyi Street under
Heping District construction
Tianjin, China
9. Kawasan Bandar XLII
Daerah Melaka Tengah
Melaka
- Lot No. PT 842, Leasehold 23.2 acres Land For mixed 151.8 December 2012,
HS(D) 72191 28.11.2111 development January 2015
- Lot No. PT 845, Leasehold 6 acres Land For mixed 39.2 January 2015
HS(D) 80216 25.5.2113 development
10. CBD Sektor VII Bintaro Jaya Leasehold 2,981 Land Retail space 39.4 March 2015
B.07 Blok D No. 5 18.12.2020 sq metres and office
Pondok Jaya, Pondok Aren and under
Tangerang Selatan, Banten 20.10.2028 construction
Indonesia
11. No. 195, Leasehold 228,622.0 Commercial Shopping 987.1 December 2015
Hong Kong East Road 5.12.2050 sq metres building complex
Laoshan District, Qingdao (1)
Shandong, China

Posted by kelvin61 > 2017-06-27 10:48 | Report Abuse

This is why I say Parkson is a great buy at current prices. However, most analyst are slow off the block and will only start to recommend after the company has fully turnaround and after the house has stocked up the shares as stockist. Then they tell you to buy to profit from your buying as there is no free lunch in this world. So, the majority of market players are followers who can't see value when it's right in front of their eyes. These players never learn as memories are short and repeatedly lose money year in year out. For those that believe in the parkson turnaround story, I wish you well and please hold tightly to your shares as the physical Retail market will eventually rebound soon.

Posted by kelvin61 > 2017-06-27 11:28 | Report Abuse

Thank you, William Cheng for putting the record straight on the online business, your shareholdings and properties owned by the Parkson group. Hopefully, the smart ones will be able to see the value.

William_Cheng Agree. Many online business turn out to be fake 1. Be careful. Instead of saving some money you might lose 100% your money buying online.

William_Cheng I last bought at 75 sen. Still own 59.79% Parkson. My true name is TAN SRI CHENG HENG JEM. Don't be fooled by untrue postings here. Even our PM Jibby always warn untrue social media news.
https://klse.i3investor.com/insider/director/5657/06-Oct-2016/120527_3062074081.jsp
27/06/2017 05:40

Posted by kelvin61 > 2017-06-27 15:13 | Report Abuse

You obviously appear to be a greehorn in the corporate world based on your assumptions above. You appear to have a grudge with WC's companies. So you are probably an unhappy ex-employee or have a loss a bundle dabbling with WC's companies when the prices were high in the past. Either way, you don't seem to be making your point here on Parkson.

Posted by Parkson8888 > 2017-06-27 21:59 | Report Abuse

PRA up 2.04%. Business picking up lately?
https://www.bloomberg.com/quote/PRA:SP

Posted by Parkson8888 > 2017-06-27 22:06 | Report Abuse

MARKET CAP (B HKD)
3.267
https://www.bloomberg.com/quote/3368:HK

Posted by Parkson8888 > 2017-06-27 22:10 | Report Abuse

PRGL market cap(MC) HKD 3.267 billion. If X ER 0.534 total MC=RM 1.745 billion. Parkson stake in PRGL 55% so Parkson worth in PRGL already RM 960 million more than its own MC RM 629 million in fact 53% more.

Posted by sharebuyback > 2017-06-28 11:02 | Report Abuse

Shares buy back why discontinue?

Posted by sharebuyback > 2017-06-28 11:04 | Report Abuse

Now at 10 yr lowest sure need less money to do SBB.

Posted by kelvin61 > 2017-06-28 13:47 | Report Abuse

http://www.theborneopost.com/2017/06/28/physical-retail-stores-still-relevant-in-todays-digital-world/

Posted by cheap1 > 2017-06-29 05:05 | Report Abuse

All your shares way too expensive. Parkson is cheapest. Buy cheap can save money to use for other purpose including buy more shares.

ks55 Which part is not right?
28/06/2017 14:11

Posted by cheap1 > 2017-06-29 05:08 | Report Abuse

Malaysia now home to five of world's top 300 universities
https://www.nst.com.my/news/nation/2017/06/246811/malaysia-now-home-five-worlds-top-300-universities

Posted by cheap1 > 2017-06-29 05:10 | Report Abuse

kelvin61 no wonder USM(264 vs UM 114) ranking very low. Simple reasoning(ks55) on which share cheaper also fail.

Posted by cheap1 > 2017-06-29 05:12 | Report Abuse

T4Q NAPS | P/NAPS: 2.2831 | 0.25
https://klse.i3investor.com/servlets/stk/5657.jsp