This guy Joetay talk rubbish daily to make himself feel good. In reality, he's nothing but a loser in the market, which explains his anger in all the stocks he lost his pants in the past. Feel sorry for this poor chap. Hope he finds peace, cheers.
@ Kelvin 61. You are welcome. I'm just spreading actual news about Parkson. This is compared to fake news punters like some people in this forum.
@ speakup, Online shopping? How many percent of the global shopping is online? Will online shopping still be able to compete with large retailers like Parkson once taxes are imposed on them? & Are you sure Parkson is not working on online services?
I recall someone asking me if I would put all my money in Parkson. I came close to investing an equivalent amount of 1 property into Parkson when it went below par value of RM1. An opportunity arose so that capital was reinvested in another non-listed biz before Parkson price went below RM1. The majority of my stocks Portfolio is still in Parkson.
My target price is RM1.40. As I mentioned before, if volume continues or if larger buyer(s) enter, Parkson price will skyrocket upwards.
Strong hands collecting Parkson for more than a week now. Hold tight to your shares, cheers. No Joetay or ks55 will make a difference here. They are going to be history in this space soon, cheers.
KNOWN for its crusty breads and tasty pastries, popular Taiwanese bakery chain Hogan Bakery has opened its third store at Lion Tower in Kuala Lumpur. At the grand opening, Solid Gatelink Sdn Bhd general manager Bernard Ng Yow Seng said Hogan’s specially trained bakers work hard daily to give bread lovers the best that they have to offer. “Hogan’s bakers prepare 40 types of dough daily and bake them using traditional European baking techniques to offer customers a wide range of quality, handcrafted delicious bakes. “As all goods are freshly baked daily, not all of them are available at the same time as some doughs need longer time to proof than others,” Ng said, adding that the bakers never compromise on their techniques and steps. Offering more than 140 kinds of breads and pastries daily, Hogan is a fusion bakery offering goods from French breads, sweet buns, European-flavoured breads, toasts to Danish breads and desserts. image: http://www.thestar.com.my/~/media/online/2017/09/24/20/37/metd_emyhog_2509_pg13_ft_2.ashx?h=441&w=600&la=en
Huang (third from left) and William Cheng (second from left) cutting the freshly baked Cheese Jumbo loaf while Yang (far right) and Chelsia Cheng look on.
Hogan is famous for its award-winning treats such as the Lychee and Rose Bread, Longan Bread, Mulberry Cream Cheese Bun, Squid Ink, Soft Honey Bread, Spring Onion Bun, Valrhona Cocoa Chiffon and German Pudding Tart. Guests at the event witnessed an exciting lion dance performance and sampled many of the signature breads, including the famous Cheese Jumbo bread made with Australian cheese. Among those present at the event were Taipei Economic and Cultural Office in Malaysia deputy representative Michale SY Yiin, Hogan Bakery vice-president Polo Huang Ming Chen, Parkson Group chairman and managing director Tan Sri William Cheng, Hogan Bakery general manager Joyce Yang Yu Wen, Lion-Parkson Foundation chairman Puan Sri Chelsia Cheng and Parkson Corporation Sdn Bhd chief executive officer Michael Remsen. Fermented for five days and baked for seven hours, the final product of the Cheese Jumbo loaf measures 110cm in length and accentuates a crispy crust with fluffy and fragrant filling. “Since the opening of the first two Hogan stores at Pavilion Kuala Lumpur and Bukit Bintang, we have received positive feedback. “To cater to our customers’ demand, we plan to open two more stores at Jaya Shopping Centre in November and IOI City Mall in December,” Ng said, adding that he was confident Hogan would become a key brand and household brand in Malaysia. Hogan Bakery in Malaysia is brought to you by Solid Gatelink Sdn Bhd, a subsidiary of Parkson Corporation Sdn Bhd.
Technical BUY with +20.2% potential return Last price: RM0.595 Target price: RM0.675, RM0.715 Support: RM0.55 Stop-loss: RM0.545 BUY with a target price of RM0.715 and stop-loss at RM0.545. Based on the daily chart, share price is recovering gradually and moving above the 7- and 21-day EMA. On yesterday’s movement, PKS managed to penetrate the breakout level of RM0.585 and closed higher at RM0.595 with high trading volume. This is supported by the rising DMI and RSI indicators, which imply that positive momentum will strengthen in the near term. We expect the stock will continue to move towards our targets at RM0.675 and RM0.715 in the near term.
There is a gap down at 0.74 previously and the gap is not close yet. So i'm expecting the price to reach 0.74 to close the gap before a minor correction.
MARKET BUZZ: Malaysia's Parkson Holdings Hits 5-Month High On Turnaround Hope By Chong Sin Hao
Nikkei Markets
KUALA LUMPUR (Oct 02) -- Parkson Holdings jumps as high as 4.7% to MYR0.665, highest since May on turnaround hope. Shares now +3.2% at MYR0.655. Company's Hong Kong unit Parkson Retail Group in 2017 interim report reflects confidence on long-term prospects of Chinese retail market in 2017. "The stock has been undervalued in term of book-value due to huge competition from e-commerce boom, but we expect the company can return into profit in FY18 on cost reduction measures," says analyst at local brokerage. Adds, "Company's share price also tracking Parkson Retail Group, which gained 11.8% last week in Hong Kong Stock Exchange."
- By Chong Sin Hao; Dave.Chong@nikkeinewsrise.com; +60320267363
- Edited By Abhrajit Gangopadhyay
- Send Feedback to feedback@NikkeiNewsRise.com
- Copyright (c) 2017 Nikkei NewsRise Asia Pte Ltd.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kelvin61
826 posts
Posted by kelvin61 > 2017-09-25 18:37 | Report Abuse
This guy Joetay talk rubbish daily to make himself feel good. In reality, he's nothing but a loser in the market, which explains his anger in all the stocks he lost his pants in the past. Feel sorry for this poor chap. Hope he finds peace, cheers.