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

P/B Parkson 0.25 means you buy RM 1 million value of house for only RM 250K.

Posted by limch > 2017-06-29 09:40 | Report Abuse

When can reward PRGL share?

Posted by speakup > 2017-06-29 10:51 | Report Abuse

from rm10 to 57sen.
next stop....PN17.

Posted by speakup > 2017-06-29 11:00 | Report Abuse

parkson reminds me of the once mighty Transmile. from rm15 drop all the way down to worthless paper.

Posted by limch > 2017-06-29 13:32 | Report Abuse

Transmile is like AirAsia so much from Parkson. Parkson own RM 3 billion worth of properties.

Posted by nikicheong > 2017-06-30 11:49 | Report Abuse

Parkson was one a BURSA KLCI (most illustrious top 30 companies in Malaysia!). But how has it fell. Failed to transform with the times. If management just devoted RM20mil to developing a solid online platform for SEA and China, Parkson would be in a much better place.

Alas, the question now comes - do you see Parkson existing in 5 yrs time, or do you see them bungkus? This is the litmus test. If Parkson were to continue existing beyond the next 5 yrs, then the share price cannot remain at this level. It is simply impossible, cause Parkson will bungkus in 5 yrs time unless they can change course and reach sustained profitability.

My initial idea was to buy a RM0.64 when the macro sentiments were changing in April 2017 (positive macros for retail sales). The story hasn't changed. I said I will hold for 2 quarters. Now is just one quarter. No sell unless the story changes and the next quarter shows marked deterioration. At the same time I will refrain from doubling down and buying more. As Peter Lynch said, the only thing worse than buying a failing company, is doubling down on that investment as share prices tumble.

Posted by limch > 2017-06-30 12:08 | Report Abuse

Andyghk we don't know each in real life but we can judge them from their postings whether someone is bullshit.

Posted by limch > 2017-06-30 12:10 | Report Abuse

Andyghk you can judge whether today is ks55 still correct?

Andyghk Ks55 as your information for cycle carriage bintang is not correct , you say ccb is under selling pressure and market price will move down but I see the market price continuing move up ward to rm 2.21 last done..and volume is low .
29/06/2017 17:02

Posted by contrarian > 2017-07-02 13:52 | Report Abuse

YTD PRGL up 47.06% but Parkson down. As contrarian I load up Parkson 56-57 sen.
https://www.bloomberg.com/quote/3368:HK

Posted by TheContrarian_ > 2017-07-03 10:16 | Report Abuse

Affin Bank cut loss? I add more 56 sen.

Posted by soros168 > 2017-07-04 09:38 | Report Abuse

Add more 56 sen.

Posted by newbie5354 > 2017-07-04 15:46 | Report Abuse

Why PRA up Parkson down?
https://www.bloomberg.com/quote/PRA:SP

Posted by Tan Soon Boo > 2017-07-04 19:01 | Report Abuse

I think somehow people still like to hang around at shopping center, online got its limitations...Parkson got its value, not an dying business :)

Posted by lion188 > 2017-07-04 21:33 | Report Abuse

William Cheng disposed Lion Ind. Who disposed Parkson? Affin Bank? Kenanga or Public Mutual?
04-Jul-2017 Insider TAN SRI CHENG HENG JEM (a substantial shareholder) disposed 106,900 shares on 03-Jul-2017.
http://klse.i3investor.com/insider/substantiaon lShareholder/4235/04-Jul-2017/402167_263026473.jsp

Posted by lion188 > 2017-07-04 21:35 | Report Abuse

William Cheng did the right thing on Lion Ind. Sell high to take profit is correct.

Posted by lion188 > 2017-07-05 10:30 | Report Abuse

When someone idiot they sell not care whether gain or loss. Might be IBs' since they shy to announce. If William Cheng disposed Parkson no way he can escape without announcing. He disposed Lion Ind when bankers chase. No wonder he so rich.

Posted by lion188 > 2017-07-05 10:50 | Report Abuse

Last year people also sold Lion Ind below 30 sen. Why?

Posted by lion188 > 2017-07-05 10:52 | Report Abuse

No wonder many youngsters bankrupt or in mire debts. They don't care cutting loss to chase something else very high. Rich people did the opposite buy low sell high.

Posted by lion188 > 2017-07-05 11:02 | Report Abuse

Parkson has net cash 47 sen and a lot of properties. Just revalue property enough to show good profit?

Posted by lion188 > 2017-07-05 11:06 | Report Abuse

If pay 5 sen dividend can afford to pay 9 years dividend before disposing more properties. Yes idiots bankers selling now. I pick up more.

Posted by lion188 > 2017-07-05 11:17 | Report Abuse

When LionInd 30 sen last year who sell?

Posted by lion188 > 2017-07-05 11:18 | Report Abuse

Lion Ind RM 1.18 now got buyer? Why same company 4 times price different in 1 year?

Posted by kelvin61 > 2017-07-05 14:00 | Report Abuse

Lion188, I like your arguments. I'm sure you have been successful in the stock market. You can see value when most can't. That is why the majority are losers while the minority are winners. Cheers, have a nice day.

Posted by lion188 > 2017-07-05 16:14 | Report Abuse

Add more 55.5 sen. Gain 200% from Lion Ind. Got a lot of capital to top up.

Posted by lion188 > 2017-07-05 16:20 | Report Abuse

Andyghk you are right on ks55. He doesn't make money by coming here. Only idiots does his work.

Posted by lion188 > 2017-07-05 16:40 | Report Abuse

PRGL still up. Idiots like ks55 sell cheap. Won his money in Lion Ind last year.
https://www.bloomberg.com/quote/3368:HK
05/07/2017 16:18

Posted by Parkson8888 > 2017-07-06 09:07 | Report Abuse

PRGL, PRA both up.
https://www.bloomberg.com/quote/3368:HK
https://www.bloomberg.com/quote/PRA:SP

Posted by joetay > 2017-07-06 13:32 | Report Abuse

bursa malaysia has abt 1200 stocks for punting, i really wonder why would anyone punt on a dead horse like parkson.

there r much better choices of penny stocks for punting with better cap appreciation.

Posted by kelvin61 > 2017-07-06 13:45 | Report Abuse

Joetay, please share some of your better penny stocks for the benefit of all here. I'm also curious to see your recommendation.

Posted by joetay > 2017-07-06 14:03 | Report Abuse

@kelvin61

alrdy bot dps and iris in 1q17.

now waiting to unload.

pantech will be a good punt with room to go.

Posted by joetay > 2017-07-06 14:09 | Report Abuse

@ks55 , maybe u can try sell to icap's ttb if u have any parkson stocks.

he is still very much interested in parkson.

Posted by joetay > 2017-07-06 14:32 | Report Abuse

@ks55,

i wont even touch it @ 50 sens.

i need the price to double or triple to make it worth my while.

maybe @ 40 sens below, i will look at it.

Posted by joetay > 2017-07-06 14:42 | Report Abuse

hahaha...... really is no risk no gain

my risk evaluation is different from u on parkson.

i need a penny stock price to triple or else not worth my risk.

now, i dont see anything that can triple parkson to rm1.5

Posted by ks55 > 2017-07-06 14:53 | Report Abuse

Parkson is a good case study.
It is drifting downwards without any support level, everyday low just like Tesco slogan.

You know characteristics of drifting counter?
Unless sudden sharp fall with a surge in volume (associated with forced selling), or WC step down, or WC decide to sell all PRGL assets, or PRA sold to third party, or engaging external management consultant like Mc Kinsey to have organization restructuring, share price will drift downwards everyday.

Why not WC using internal management team to conduct organization restructuring?
Reasons:
1. Interference from WC.
2. Internal management teams are paid peanuts, so all are monkeys. Monkeys can only run monkey business.
3. Management consultants will be made accessible to all business entities within the group. What asset to dispose off, what asset to merge, how to cut operating cost, how to improve cash flow via fresh capital infusion, which dead wood to be removed, how to enforce and strengthen company policy statements, how to make CEO responsible and accountable, how to down size and optimization.
4. Management consultants will just make recommendations.
They will have lesser consideration on one off losses, but more on turn around.
Implementation all depends on will and wisdom of WC.
5. WC should place more trust on external expert recommendation, rather than seeking advice from his internal management team (all monkeys because paid with peanuts). Monkeys cannot give creative and innovative business direction. They just follow typical business model from book.
29/06/2017 10:58

Posted by joetay > 2017-07-06 15:01 | Report Abuse

thats why i m not even considering touching parkson, since i see no end-of-the-tunnel for good profits.

one of the first lessons i learn in punting is never catch a falling knife, unless u see a good profit story behind it.

however, i use this lesson with caution now after transmile episode.

transmile was a good falling knife, but only for its major owners.

Posted by curious2 > 2017-07-06 16:21 | Report Abuse

Why PRGL up 2 sen?
https://www.bloomberg.com/quote/3368:HK

Posted by kelvin61 > 2017-07-07 12:33 | Report Abuse

If I'm WC, I will take it private. Not much to pay if he offered 1.00 - 1.20 for all outstanding shares by him and the lion group. With the Parkson group in net cash position and many assets not yet revalued, it makes business sense to privatise the Malaysian unit since investors do not afford the shares it's fair value. I hope TS William Cheng Heng Jem consider my suggestion. Cheers.

Posted by kelvin61 > 2017-07-07 12:35 | Report Abuse

I meant not owned by WC and the Lion Group above.

Posted by lion188 > 2017-07-09 04:33 | Report Abuse

07-Jul-2017
Insider
TAN SRI CHENG HENG JEM (a substantial shareholder) disposed 450,600 shares on 04-Jul-2017.
https://klse.i3investor.com/servlets/forum/800000669.jsp?ftp=11

Posted by lion188 > 2017-07-09 04:37 | Report Abuse

William Cheng is the smarter 1 among us no wonder he so rich. He disposed LionInd when has moved up 4 times since 1 year ago from below 30 sen. To those who believe ks55 what is his real name? How rich is he in real life?

Posted by Mohd_Ali > 2017-07-09 09:46 | 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 Mohd_Ali > 2017-07-09 09:47 | Report Abuse

Malaysian like myself still enjoy shopping in Parkson during Hari Raya.

Posted by Mohd_Ali > 2017-07-09 09:50 | Report Abuse

I never buy a property whole my life but spend RM 500-1000 every Raya for baju Raya is a must.

Posted by ivan9511 > 2017-07-09 14:04 | Report Abuse

i cannot believe parkson will come out like this .
how the boss feel
happy ? sad ? fullfill?
or everything is 100% what he want . he set for that ?
one of his plan?
I have not went to any agm for so long including good and bad counters but I think I will attend parkson agm again because this parkson quite worth to attend to hear what they want actually

Posted by kelvin61 > 2017-07-09 17:10 | Report Abuse

The business turnaround in China is gaining momentum. The last quarterly result was a very positive showing. Watch the share price of Parkson Retail Group closely as it is uptrending for the past 52 weeks and close up 5 sen on Friday @ 1.29. I expect the price recovery of PHB to be swift and fast when it reports profits in the coming quarters. The upcoming June 2017 quarter should be good.

Posted by William_Cheng > 2017-07-10 10:12 | Report Abuse

I have sold over 500,000 LionInd. Can buy 1 million Parkson now.

Posted by William_Cheng > 2017-07-10 10:13 | Report Abuse

PRGL will head to HKD 2. Why sell cheap? Only idiot like ks55 does.
https://www.bloomberg.com/quote/3368:HK

Posted by William_Cheng > 2017-07-10 10:18 | Report Abuse

MARKET CAP (B HKD)
3.425
https://www.bloomberg.com/quote/3368:HK

Posted by William_Cheng > 2017-07-10 10:19 | Report Abuse

PRGL HKD 3.425 billion=RM ?

Posted by speakup > 2017-07-10 10:21 | Report Abuse

just a matter of time before we see all Parkson shops closed. one day Parkson will just be remembered like Hankyu Jaya, Chujitsu, ...