Posted by William_Cheng > 2017-07-10 10:33 | Report Abuse

Everyone want to do business with China include Proton. Parkson went to China much earlier.

Posted by William_Cheng > 2017-07-10 10:36 | Report Abuse

Malaysian stupid ma so sell Parkson cheap cheap. You ask Nirvana boss whether true or not.

Posted by William_Cheng > 2017-07-10 10:36 | Report Abuse

PRGL HKD 3.425 billion=RM 1.8 billion. Parkson market cap why only RM 600 million?

Posted by crocodile1980 > 2017-07-10 10:51 | Report Abuse

I have been staying in shenzhen and shanghai for 8 yrs, online shopping is really become part of life. Except for fresh goods, people might still go to walmart, makro to get them. If parkson managemnt doesnt willing to materialize its asset, the undervalue of asset wont mean anything. As what benjamin graham meant management group override shareholder group where they are management is keeping a deteriorating company for their own benefit instead of materialize it before value dissapear.

Posted by William_Cheng > 2017-07-10 10:55 | Report Abuse

If your comment make sense why PRGL(is China) does not drop to 55 sen like Parkson?

Posted by crocodile1980 > Jul 10, 2017 10:51 AM | Report Abuse

I have been staying in shenzhen and shanghai for 8 yrs, online shopping is really become part of life. Except for fresh goods, people might still go to walmart, makro to get them. If parkson managemnt doesnt willing to materialize its asset, the undervalue of asset wont mean anything. As what benjamin graham meant management group override shareholder group where they are management is keeping a deteriorating company for their own benefit instead of materialize it before value dissapear.

Posted by joetay > 2017-07-10 11:28 | Report Abuse

for all die hard parkson fans,

since u r so confident of parkson's future, may i suggest that u use rm100k to buy into this stock to make a 100% profit in 2 yrs.

if u win, congrats and if u lose, its ur money lost, not mine.

end of argument.

btw, i have better stock choices to punt rm100k on.

Posted by joetay > 2017-07-10 11:34 | Report Abuse

@william_cheng,

Posted by William_Cheng > Jul 10, 2017 10:36 AM | Report Abuse

Malaysian stupid ma so sell Parkson cheap cheap. You ask Nirvana boss whether true or not.

based on this posting, i confirm that u r not in tune with psychology of investor.

nirvana is a cash rich and profitable biz, but due to the fact of superstition and the not-so-attractive dividend yield of 3%, not much investor interest. therefore, it has also delisted from hkse after 2 yrs.

Posted by crocodile1980 > 2017-07-10 12:11 | Report Abuse

If your comment make sense why PRGL(is China) does not drop to 55 sen like Parkson

What i can say is china share is the most speculative market. There are hundreds of companies have unreasonable market capital then it suppose to be. Is it a correct way to say a company is still doing good by looking into its share price only? Again I would like to adress again the aseet that own by parkson is stilll over then its current share price but i am just reminding fellows that if this cannot be materialized it wont give any meanig. Just sharing.

Posted by curious2 > 2017-07-10 14:29 | Report Abuse

PRGL up 2 sen. PRGL going to HKD 2?
https://www.bloomberg.com/quote/3368:HK

Posted by kelvin61 > 2017-07-10 16:00 | Report Abuse

Even Alibaba's boss, Jack Ma bought into Intime Department Stores early 2017 paying HK$10 a piece or HK$19.8 billion. The offer was approximately 42% above the closing price of Intime. For Jack Ma to buy into the physical retail business, do you think he is stupid, meh if there is no future?

Posted by Parkson8888 > 2017-07-10 16:47 | Report Abuse

PRGL, PRA up. Add more from ks55 or Affin selling.
https://www.bloomberg.com/quote/3368:HK

Posted by kelvin61 > 2017-07-10 16:53 | Report Abuse

Agreed.

Posted by joetay > 2017-07-10 20:47 | Report Abuse

@kelvin61

do u even know why alibaba is buying into brick & mortar in the first place????

basically he is going to use it as a move into groceries and common consumer goods such as common fashion/electronics etc, something like the local aeon stores.

have a walk ard aeon stores and u know where the bulk of the revenue r generated from.

these goods provide stable margins and is not worth using online b2b/b2c platforms,

he is not going to use it to sell high end clothing or jewelries, chinese mkt is alrdy saturated with cdf and prada stores.

for parkson, any transformation is too late and might not even succeed.
10/07/2017 20:46

Posted by curious2 > 2017-07-11 01:37 | Report Abuse

The way PRGL going up good QR is expected. Might be dividend coming.

Posted by nikicheong > 2017-07-11 09:59 | Report Abuse

Up 8 cents PRGL...what's going on? https://www.bloomberg.com/quote/3368:HK

Posted by kelvin61 > 2017-07-11 10:42 | Report Abuse

The doomsayers seem quiet today. I bet they have been losing big time all their life. Their silly hope for Parkson to reach 50 Sen won't materialise. They don't have the foresight nor the ability to see value right in front of them, so how to make good money? PRGL did a high of 1.43 this morning, up 13 Sen.

Posted by nikicheong > 2017-07-11 10:44 | Report Abuse

Not sure what's going on, PRGL at $1.50. Seems pretty fishy...I don't know.

Posted by joetay > 2017-07-11 12:16 | Report Abuse

@nikicheong,

maybe this article can give u some ideas.

http://www.scmp.com/business/companies/article/2101223/here-are-three-theories-explaining-hong-kongs-penny-stock-crash

and parkson retail is considered as penny stock in hkse.

Posted by joetay > 2017-07-11 12:18 | Report Abuse

@ks55,

its their money to lose or gain and since this is a parkson fan club, no point arguing.

if possible, i write put options and see if there r any takers here.

but thus far, no takers to my put options or my challenge to put rm100k on parkson stock.

Posted by curious2 > 2017-07-11 12:33 | Report Abuse

PRGL up 13 sen sure Parkson got gain.
https://www.bloomberg.com/quote/3368:HK

Posted by kelvin61 > 2017-07-11 13:30 | Report Abuse

joetay @ks55,

its their money to lose or gain and since this is a parkson fan club, no point arguing.

if possible, i write put options and see if there r any takers here.

but thus far, no takers to my put options or my challenge to put rm100k on parkson stock.

For your information, Rm100k are for small timers. Don't bother commenting so much if you're only buying in small amounts.

Posted by nikicheong > 2017-07-11 13:34 | Report Abuse

Joetay, respectfully disagree. PRGL is not a penny stock in any definition. It has a market cap of HKD3.5+ bil. It's majority shareholder is PHB, stable at 53.5% shareholding. I don't disagree, might be some hanky panky going on, but PRGL is far from a penny stock. It is an actual company, and unlike the companies listed in that article it is trading below its book value.

Posted by joetay > 2017-07-11 15:26 | Report Abuse

@kelvin61,

since u think rm100k r for small timers, then pls put rm1 million into parkson then.

put the money where u mouth is.

i sell u a call option with ex price of 60 cents and would u like to take it??? meaning, u buying a call from me @ 60 cents

i dare u.

btw, i have no holding in parkson

@nikicheong,

in malaysia, the parent parkson is a penny stock, even if it is not one in hong kong.

mkt cap is one thing but even companies with huge mkt cap had been fallen b4, i need not remind u of this history.

have a read of the article again and u will know that many of the stocks mentioned fell from hkd3/share or so to less than hkd1/share.

Posted by joetay > 2017-07-11 16:16 | Report Abuse

@andyghk,

if there is good news of invest or takeover, who is willing to come in to partake???

a more possible scenario is privatization and if it does happen, there maybe some brief interest.

Posted by kelvin61 > 2017-07-11 16:50 | Report Abuse

joetay @kelvin61,

since u think rm100k r for small timers, then pls put rm1 million into parkson then.

put the money where u mouth is.

i sell u a call option with ex price of 60 cents and would u like to take it??? meaning, u buying a call from me @ 60 cents

i dare u.

btw, i have no holding in parkson

Joetay, stop talking rubbish on your silly put options. If you don't even owned any Parkson shares, don't bother giving your comments here. Put your money where your mouth is in the stock market and not with me.

Posted by newbie5354 > 2017-07-11 17:13 | Report Abuse

PRGL up 10 sen.
https://www.bloomberg.com/quote/3368:HK

Posted by newbie5354 > 2017-07-11 17:13 | Report Abuse

Talk like idiot.

ks55 Just watch out whether Parkson will close at 55 sen or not.
Talk cock are you going to buy at 55 sen this afternoon?
11/07/2017 15:45

Posted by joetay > 2017-07-11 17:44 | Report Abuse

@kelvin61,

why cant i comment even if i have no parkson shares???

i stated this a long time ago, so in a way, it allows me to view parkson more impartially.

i put the money where my mouth is, just not in parkson.

seems like i hit ur raw nerves when i ask u to put in rm 1 million into this stock

since u like parkson so much, why dont u put in rm1 million into this stock???

i only ask u to put the money in since u r so confident on parkson and u say i m talking rubbish, so where is the rubbish since i offered to bet with u. but r u too scared to take up my betting???

dont be a sissy fund manager and pump more money in since u r confident of the story.

or did u lose money all the way from 75 sens since feb this yr????

Posted by joetay > 2017-07-12 09:49 | Report Abuse

@andyghk,

whether an investor in parkson makes money or not is not my concern, but when they start making senseless comments like @kelvin61, its plain idiotic.

this is a platform to share information and experience, not to disinform. if i want to be disinformed, i might as well read ibs' reports everyday.

if u see @kelvin61 saying that lion industries can be bullish with higher steel prices without taking into account of the huge net liabilities, u know he/she is talking crap.

Posted by limch > 2017-07-12 10:09 | Report Abuse

PRGL up 2 sen. PRA also up.
https://www.bloomberg.com/quote/3368:HK
https://www.bloomberg.com/quote/PRA:SP

Posted by kelvin61 > 2017-07-12 10:55 | Report Abuse

joetay @andyghk,

whether an investor in parkson makes money or not is not my concern, but when they start making senseless comments like @kelvin61, its plain idiotic.

this is a platform to share information and experience, not to disinform. if i want to be disinformed, i might as well read ibs' reports everyday.

if u see @kelvin61 saying that lion industries can be bullish with higher steel prices without taking into account of the huge net liabilities, u know he/she is talking crap.

Only idiots like joetay would waste his time on stocks he doesn't owned and know enough to comment. To talk about LionInd further shows his shallow knowledge about stock picking. I bet he has been a sore loser and a failure in the market. It clearly shows from the comments coming from these guys who do nothing day and night but shit on the stocks they hate. Time for you guys to take a good hard look at your performance all these years to see if you have been successful in your investment or just plain failures who are sore with the stocks you got caught in the past through your sheer greed.

Posted by joetay > 2017-07-12 11:02 | Report Abuse

@kelvin61,

seems like i touch ur raw nerves again by exposing ur lack of knowledge in not only retail but also the steel industries.

dont u know that lion group delisted megasteel last yr and maybe even amsteel soon??? and how abt the huge net liabilities???

i been punting successfully in the past yr, thx u.

unlike u who keep on misleading others with ur senseless statements on how good the lion group is.

so how much did u lose on parkson that u need to start insulting ppl calling him an idiot becos he doesnt buy ur stock pick???

Posted by joetay > 2017-07-12 11:03 | Report Abuse

@kelvin61,

btw, i commented on stocks i bot like mbsb and maybank etc.

i like commenting on parkson now becos i m getting on ur nerves.

i dont care whether anyone lose money or not, but for some reason, since u like calling me an idiot, i will enjoy seeing u lose money from 75 sens to 57 sens.

Posted by Pen6 > 2017-07-12 23:09 | Report Abuse

Bought parkson 有去-无发？大伯公 po..pi..po..pi. Po..pi. Money come money come..........

Posted by ivan9511 > 2017-07-13 00:44 | Report Abuse

actually , AS WE KNOW Parkson is the most lousy shopping in Malaysia, compare with aeon, giant , 99, 7eleven or nsk ...............
Parkson boss (King of steel) do not know how to use the good money in his hand ? he invest all loss.
But other hand Parkosn now still cash rich
NTA (RM)
: 2.340
Par Value (RM)
: 1.000

People buying now maybe hope Tan sri can private above 1.00 ringgit now .
because base on Parkson cash and ASSETS yes Parkson got enogh money.
But when will Parkson private
When one day Tansri King of Steel wake up find out he had enough of torturing his loyal investors.
But now we dont know whether he has fun enough or still want to torturing people.
AS i said I would not suprise if Parkson down a again , because he made it

Posted by joetay > 2017-07-13 09:26 | Report Abuse

@ivan9511,

the possibility of privatization is there as i stated b4. but still better to be on the safe side since not on the banker side.

even though the reported nta is high, still have to be cautious since there is possibility of manipulation. examples can be found in equity mkts ard the world.

Posted by ivan9511 > 2017-07-14 01:41 | Report Abuse

joetay @ivan9511, ,

hi friend agreed with you

Parkson 的生意不值钱，因为Parkson的生意一直都很差，而且越来越差
Parkson 值钱是它自己的价值和财产

富二代。你争气一点好不好？

Posted by tftey_ > 2017-07-17 09:54 | Report Abuse

Add more from Affin Bank selling.

Posted by Sarawakians > 2017-07-17 14:53 | Report Abuse

Want to sell cheap your problem. We love shopping at Parkson.

Posted by Pen6 > 2017-07-17 20:45 | Report Abuse

怕胜大剪价。又来了。快来买吖 怕剩大剪价。便宜又大块 快来买吖。oh o duit tak cukup!

Posted by Alex Foo > 2017-07-17 20:47 | Report Abuse

~怕胜大剪价~

Posted by newbee11 > 2017-07-18 07:32 | Report Abuse

Every time I go to Parkson sure a lot of Malays shopping there and buy a lot. Why? Even Raya over 2-3 weeks ago why are they buying hand bags, new shirt, etc.

Posted by speakup > 2017-07-18 11:16 | Report Abuse

means Malays rich, can go shop at parkson. malays still need NEP?

Posted by Good_buy > 2017-07-18 12:15 | Report Abuse

If got RM 500-1000 to spend also call rich? Malay dif from Chinese. Malay like to spend money buying things. Chinese prefer buy shares.

speakup means Malays rich, can go shop at parkson. malays still need NEP?
18/07/2017 11:16

Posted by Good_buy > 2017-07-18 12:15 | Report Abuse

Heard Parkson will report RM 200 million profit next month. Can declare 5 sen dividend. RM 1-1.5 coming.

Posted by jack2 > 2017-07-18 14:24 | Report Abuse

price going down
not a good indication

Posted by zoizai_ > 2017-07-18 14:50 | Report Abuse

RM 300 million profit coming. Buy when ks55 sell cheap.

Posted by nikicheong > 2017-07-18 22:01 | Report Abuse

Guys, some serious discussion now, just a month away from next Qtr report. How many actual malls does Parkson own, and how many do they operate? Any idea?

Is the Maju Junction mall owned by them, or they just operate it only? The Lion Qingdao Mall...it's listed as Parkson's property and on their balance sheet, but then why the name is Lion?

Posted by newbe999 > 2017-07-19 05:19 | Report Abuse

sifus if insiders sell at 56 sen they must report to Bursa but no such report so who sell at 56 sen?

Posted by joetay > 2017-07-19 12:18 | Report Abuse

@newbe999,

the insider selling must be reported within a week or 2 if i remember the regulation correctly.

alternatively, the insiders can use friendly outsider accounts to sell.