Posted by Royce Chan > 2017-07-19 22:32 | Report Abuse

Parkson Holding is mainly driven by PRA and PRG. Currently PRG has recovered 100% from the low and PRA has recovered around 10%. They both have bottomed out and Parkson Holdings is still yet to show. Perhaps Parkson Holdings is currently at bottom out process and in the process to form a double bottom. Watch out for 0.58. If that's removed in the near term a rally will spark off and Parkson will resume a technical rally to equate with the current valuation of PRA and PRG respectively. Should the rally takes place 1.00 can be revisited rapidly due to massive undervaluation currently.

Posted by newbie18 > 2017-07-20 10:27 | Report Abuse

sifus I use Maybank to trade. Maybank data shows 9 months P&L Parkson make RM 313 million profit before tax. Why tax for Parkson very high?

Posted by TF Tan > 2017-07-20 11:27 | Report Abuse

i'm also using maybank platform. Ever notice the investment platform is not stable. Sometimes it just cant show correct page when click on the tabs. Dunno which fellow design the system.

Posted by Tan Soon Boo > 2017-07-20 13:01 | Report Abuse

After i use my new notebook (W10), I am not able to see the usual trading screen, how to fix that?

Posted by joetay > 2017-07-20 16:32 | Report Abuse

@ks55,

if u r saying jokers who talk big, i dont think this newbie18 can beat @kelvin61 or @sharemakers.

one is dont know basic fundamentals yet trying to say he/she/it know the fundamentals and the other is dont know the politics involved yet trying to say he/she/it know the politics.

come to think abt it, they might be the same person.

Posted by No_luck > 2017-07-21 11:13 | Report Abuse

Sold at 56 sen. Need fund to buy flying Penta.

Posted by kelvin62 > 2017-07-21 11:23 | Report Abuse

bought at 56 sen.

Posted by Pen6 > 2017-07-21 11:51 | Report Abuse

Bought at " 無力 ” hopefully it is ".有luck " 大伯公 po pi po pi, money come。

Posted by berkshire_ > 2017-07-21 12:39 | Report Abuse

bought at 56 sen. Like sifu Warren Buffet be greedy when others fearful.

Posted by berkshire_ > 2017-07-21 14:30 | Report Abuse

No money people sell I pick up more.

Posted by AdCool > 2017-07-21 15:18 | Report Abuse

Wow, it has been more than 7 months since I last visited Parkson. Guess after 2 quarters, it still bleed. Yet, it still refuse to exit China market. Noticed ks55 still around to comment on Parkson.

Posted by AdCool > 2017-07-21 15:36 | Report Abuse

I cut loss between 1.4 - 1.7 after been bleeding for 3 years. Can't believe that Parkson can become a penny stocks after all the past glories. A company that can't and won't turnaround after almost 6 years of continuous decline.

Posted by newbie18 > 2017-07-21 16:08 | Report Abuse

Profit RM 200 million next mth only dumb people selling cheap.

Posted by curious2 > 2017-07-24 09:16 | Report Abuse

ks55 sell at 55.5 sen I pick up more. Coming QR very good that's why PRGL already doubled. Only Malaysians are dumb like ks55 to sell cheap.

Posted by Parkson8888 > 2017-07-24 16:35 | Report Abuse

PRGL up 3 sen to HKD 1.31 so ks55 sell? I buy more.
https://www.bloomberg.com/quote/3368:HK

Posted by joetay > 2017-07-25 00:08 | Report Abuse

@ks55,

i alrdy offer to sell call options to @kelvin61 but he only know how to insult and talk cock.

so u cannot expect these ttb followers to talk sense.

Posted by scanner276 > 2017-07-25 01:56 | Report Abuse

lowest price ever. good for shoping lor ...

Posted by joetay > 2017-07-25 11:09 | Report Abuse

@kelvin62=@kelvin61????

Posted by joetay > 2017-07-25 16:00 | Report Abuse

@ks55,

thats what i suspecting since id so similar, no creativity at all.

@kelvin61 talk so much cock and say parkson can go up to rm0.6 last week (unless consolidate, even rm1.65 also can), if can, then sun will rise from the west.

and now we have @kelvin62 talking cock again.

Posted by ivan9511 > 2017-07-26 13:04 | Report Abuse

Write a comment..parkson is cash business and rich company and more longer than aeon.
so I also scratch my heard why parkson can drop from 10 ringgit to 0.55.
if the boss use his own money instead of take our investors money to run .
now the boss maybe already been chop and dump to sea by Ah Long .

Posted by kelvin62 > 2017-07-26 15:51 | Report Abuse

Q 55 sen. Pray can get done today.

Posted by joetay > 2017-07-26 21:03 | Report Abuse

@ivan9511,

my 2 sen on parkson is that the management was complacent during the good time, betting on forever expanding in china and failed to pace with the consumers' trends both here plus china while over at aeon, the japs r moving in step with changing times.

Posted by joetay > 2017-07-26 23:25 | Report Abuse

@ks55,

i m not sure abt u but for me,

i buy groceries at my nearby aeon.

i buy my electronics either at low yat or harvey norman.

i buy my fashion at isetan.

i walk past the parkson in pavilion kl almost everyday but havent went in for donkey yrs.

Posted by ivan9511 > 2017-07-27 02:12 | Report Abuse

on my view parkson is a lousy company. I admit I was wrong on parkson last time.
but for this coming qr more high percentage is profit results because worse has past.
but also must say the price is very hard to go up unless psrkson tipu buy up.
for me i really not recommended buy parkson I suggest 8f someone want next year pocket money highly recommend look at properties counters because many is so cheap .

Posted by joetay > 2017-07-27 09:51 | Report Abuse

@ivan9511

i believe u bought into the spin story of indo-chinese expansion, much like the china story.

but if one think carefully beyond the spin, one will know that the ibs' reports r bs.

firstly, the indo-chinese population is only at most a fifth of china. thus limiting the potential customer base of the china high-end model that parkson is trying to capture.

secondly, the level and amount of high end affluence in indo-china is still way behind china at a similar stage of development.

thirdly, indo-chinese consumers r a different animal from the chinese. so a 1-size-fits-all approach doesnt work there.

and fourthly, consuming trends and patterns have changed over the yrs. chinese consumers have moved online in their purchase of luxury products or buying from bricks-and-mortar, they will buy it from the concept/specialty stores. malaysian consumers r now very much focused on day-to-day basic groceries (ie aeon) and if they want higher quality fashion, they will buy from either specialty stores or isetan.

china is officially a gone case while in malaysia, no one actually shops there anymore.

nothing short of a radical shakeup will save parkson from its current mess.

Posted by Pen6 > 2017-07-27 10:39 | Report Abuse

thirdly, indo-chinese consumers r a different animal from the chinese.
joetay , are you a indo-chinese? What kind of animal you belong to, eat grass? Grass eat? 高级动物？级高动物？

Posted by joetay > 2017-07-27 12:41 | Report Abuse

@pen6,

r u hurt becos i listed all the faults of parkson???

Posted by kelvin62 > 2017-07-27 13:07 | Report Abuse

Q at 55 sen. Hope can done.

Posted by future > 2017-07-27 22:03 | Report Abuse

Buy now..got some at 55.5..buy more downwards..cheers
dont.t waste time arguing with idiots!!

Posted by joetay > 2017-07-27 22:36 | Report Abuse

@ks55,

can buy gadang warrants as well.

if want to punt, can try vizione warrants as well.

Posted by Larrytrader > 2017-07-27 22:45 | Report Abuse

cause GADANG is good and steady company that earns more in the future

Posted by joetay > 2017-07-27 22:52 | Report Abuse

@ks55

i buy in during the corp exercise becos technically it looks good.

but like @larrytrader said, i only recently did a fa and realized that it is a well-managed company with decent story.

Posted by joetay > 2017-07-27 22:57 | Report Abuse

@kelvin62/ kelvin61,

at the rate parkson is going, u may even get it at 0.5 in the coming few months.

Posted by joetay > 2017-07-27 23:36 | Report Abuse

had a look at kim lun.

very decent company and worth a punt.

hopefully it will do a corp exercise soon or at least wait for gadang to run first, then let me unwind and switch.

really no idea why anyone wants to buy into parkson/lion group when there r better options out there.

Posted by future > 2017-07-28 00:39 | Report Abuse

Dear all,
This is the same idiot tells me not to buy Lionind,, but you make ur own decision by gyrating away from his distraction. Got at 30cent plus,,,n sold 78 cents till 1.20 cents.
This idiot not worth argue bcos he only downgrade others without looking inwardly.
I will not mention name but if he responds it means he is aware that he is idiot.
I put end to this.. merely waste of time. Buy !!! Short term make money and NOT to be distracted.
(If goes down.. be prepared to cut loss.. game is such)

Posted by joetay > 2017-07-28 01:09 | Report Abuse

@future,

u sold lion ind @ 1.20 cents????

u r so bearish.

Posted by Royce Chan > 2017-07-28 21:42 | Report Abuse

Why's Parkson dead coming Monday?

Posted by kelvin62 > 2017-07-28 21:46 | Report Abuse

Where got dead? Old news since 2016. QR barely affected. Perhaps William Cheng want to scare us sell cheap to him ahead of next mth good QR?

Posted by Royce Chan > Jul 28, 2017 09:42 PM | Report Abuse
Why's Parkson dead coming Monday?

Posted by joetay > 2017-07-28 22:42 | Report Abuse

@kelvin62,

did u even know ur basic accounting and legal???

this judgement meant that parkson has no choice but to pay out the original 2015 amount plus interest, which will work out to ard rmb10.5m, thus meaning parkson has to pay ard rmb151m now.

and u can tell me this qr will not be affected by this additional interest payment????

Posted by future > 2017-07-28 22:57 | Report Abuse

Joetay..after buying at .32 cents the itch to sell is always there...selling at almost four fold profits...looks good to shop others that haven't move!

Posted by joetay > 2017-07-28 23:42 | Report Abuse

@future,

thats why i enjoy punting penny stocks with a possible minimum of 100% returns.

but of cos, sometimes, bankers still hold more cards.

a combi of skills and luck.

Posted by future > 2017-07-29 02:26 | Report Abuse

http://www.theedgemarkets.com/article/article/parksons-chinese-units-win-bid-unfreeze-bank-deposits

Posted by ming > 2017-07-29 02:52 | Report Abuse

I tot is a good news?

Posted by Andrew62 > 2017-07-29 09:26 | Report Abuse

It is good news.PARKSON will do a share buy back to prop ip share prices to real value.

Posted by future > 2017-07-29 09:45 | Report Abuse

Good news for Parkson, Ming!!

Posted by joetay > 2017-07-29 09:48 | Report Abuse

@ming,

how can this be good news when parkson is still on the hook with the landlord????

if the landlord didnt pay up, parkson have to pay up part of the award. there is a possible additional rmb3.1m interest payment on top of the rmb103m which was the rental part of the award to the landlord in a related litigation between parkson and landlord.

so now parkson may need additional rmb3.1m provision just in case.

good news will only be if parkson is totally off the hook in both cases, but that is not possible.

Posted by yucaihacai > 2017-07-29 10:57 | Report Abuse

百盛集團(03368.HK)附屬凍結資產被駁回
回上頁
2017/07/28 17:33
分享 列印 文字大小 顯示: 股價升跌 沽空資料
百盛集團(03368.HK) -0.010 (-0.781%) 指，其附屬早前就有關江蘇省常熟市方塔街106號恆隆中心地下一層至地上五層物業租賃合同之訴訟，向江蘇省蘇州市中級人民法院提出複議申請，申請撤銷對其的財產保全裁定。

集團表示，於7月25日接到複議裁定書，裁定業主要根據複議裁定書裡說明的金額向原告支付本金、利息和律師費，如果業主沒有遵守上述判決，原告有權向百盛商業發展收取就該物業應支付的租金。

公司兩家間接全附屬百盛商業發展和百盛投資，早前被裁定凍結2.12億元人民幣資金，但據公司理解，原告人要求凍結資產的要求，已因為複議裁定書而被法院實質駁回。(el/u)(報價延遲最少十五分鐘。)

Posted by yucaihacai > 2017-07-29 10:59 | Report Abuse

ks55 kosong 55, joetay, read betul betul. dun 误导股民

Posted by joetay > 2017-07-29 12:10 | Report Abuse

@yucaihacai,

where is the misleading???

parkson is still on the hook if the landlord doesnt pay the bank.

the rental amount due from parkson in the 2015 related judgement is ard rmb103m. with interest counting from 2016, it will be ard an additional rm3.1m in needed provision.

read the judgement properly.

only the bank accounts r unfreezed, but the 2015 award of rmb140m from parkson still stands.

Posted by Royce Chan > 2017-07-29 14:39 | Report Abuse

Financially has PRG made any provision to account for that amount in dispute after the case was in court? If yes then the should be no effect to current Q account. Moreover unfreezing the deposit of such amount in PRG will allow PRG to settle the sum awarded by the court without requiring PRG to tap into current reserve if PRG decides not to appeal against the judgement. Hence, if that's the current scenario there'll be no effect to PRG and Parkson Holding. On the contrary if no provision was made earlier then the court judgement will impact both the companies if PRG decides to accept the judgement.