PARKSON HOLDINGS BHD

KLSE (MYR): PARKSON (5657)

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Last Price

0.185

Today's Change

+0.005 (2.78%)

Day's Change

0.175 - 0.185

Trading Volume

703,400


15 people like this.

13,050 comment(s). Last comment by mf 1 day ago

faralenz77

1,033 posts

Posted by faralenz77 > 2017-11-01 20:49 | Report Abuse

More likely bad management like mas

Posted by Parkson8888 > 2017-11-02 09:22 | Report Abuse

Bad management is Giant not Parkson. Non-shareholders nobody ask you to come here.

Posted by Parkson8888 > 2017-11-02 09:22 | Report Abuse

Add more 62.5 sen. PRGL rebound.

TF Tan

290 posts

Posted by TF Tan > 2017-11-02 09:33 | Report Abuse

selling volume slightly higher 3 days ago. Seems like some investors no confidence on the stock. will wait till it drops to 0.60.

JuniorR

101 posts

Posted by JuniorR > 2017-11-02 16:45 | Report Abuse

Old news ks55..
Parkson response:
As stated in Note 2.1 to the audited financial statements (page 62 of the Annual Report), the board of directors of the Company (the "Board") is of the view that it is appropriate to prepare the Group’s financial statements for FY2017 on a going concern basis, as the Company's ultimate holding company, Parkson Holdings Berhad, has agreed to provide financial support for the twelve months following the date of the said financial statements to enable the Group to meet its financial obligations as and when they fall due,
and
the Board is also of the view that the Group WILL BE ABLE TO GENERATE SUFFICIENT CASH FLOWS from its operations. For the foregoing reasons, the Board is therefore of the view that the Company will be able to operate as a going concern. (b) The Board confirms that all material disclosures have been provided for orderly trading of the Company’s shares to continue.

harry_7

467 posts

Posted by harry_7 > 2017-11-02 21:25 | Report Abuse

do your notice, when parkson price drop, ks55 will definitely appear, but when price rise, he/she will disappear....:P

Posted by Parkson8888 > 2017-11-02 21:51 | Report Abuse

Already said some of us must attend coming AGM. Anyone volunteer to go? Those from KL please go.

JuniorR

101 posts

Posted by JuniorR > 2017-11-02 22:34 | Report Abuse

See Tesla stock, negative earnings but price can up from $150 to $300. Good story. That's all people/investors seem to be interested in.

Cheap/undervalued/accounting seems irrelevant. If everyone believes Parkson turnaround effort is a good story, I believe share price will continue upwards.

JuniorR

101 posts

Posted by JuniorR > 2017-11-02 22:47 | Report Abuse

Parkson8888.. yes. whoever can attend should do so! Can recommend good ideas & ask good questions. My idea would be Parkson do a TAKEOVER/BUYOUT of other profitable business like Oldtown with management intact. Worse come to worse, after few years can sell out Oldtown to a leverage-buyout firm. Parkson consulting with professional investment advisors i.e. Goldman Sachs can also do much good for shareholders.

Parkson

454 posts

Posted by Parkson > 2017-11-03 02:02 | Report Abuse

I would suggest closing stores in Mahkota and Subang Parade to save rental cost and salary. Like Giant choose min 5 stores to close esp those in towns or cities which has many Parkson. Or try to bargain with shopping mall for lower rental if they don't want Parkson to close.

curious2

1,812 posts

Posted by curious2 > 2017-11-03 09:49 | Report Abuse

Add more 62 sen. AR 2017 show net cash 40 sen intact. So is WC 60%+ stake.

TF Tan

290 posts

Posted by TF Tan > 2017-11-03 10:52 | Report Abuse

it shld able to touch 0.60 again .... by looking at previous sell volume

ipunk_

37 posts

Posted by ipunk_ > 2017-11-03 11:04 | Report Abuse

I see more buyers. Add more 61 sen.

Posted by wilsonchan87 > 2017-11-04 11:33 | Report Abuse

Q at Rm0.6

ajibkor

168 posts

Posted by ajibkor > 2017-11-04 21:56 | Report Abuse

Q 60.5. Hope can done.

kelvin61

826 posts

Posted by kelvin61 > 2017-11-06 11:35 | Report Abuse

@ Harry_7 Told you guys this ks55 loser is nothing but a pest. He don't even have money to buy shares. He is a retiree who spends his time shitting stocks he lost his pants in the past. He is also active shitting Lionind but this have stopped lately as Lionind's share price is on the verge of a breakout. Hope he finds peace before it ruins his health.

ajibkor

168 posts

Posted by ajibkor > 2017-11-06 12:41 | Report Abuse

Why not done?

Posted by ajibkor > Nov 4, 2017 09:56 PM | Report Abuse X
Q 60.5. Hope can done.

TF Tan

290 posts

Posted by TF Tan > 2017-11-08 10:23 | Report Abuse

patiently waiting for it to touch 0.60 again .....

ikah

422 posts

Posted by ikah > 2017-11-09 12:52 | Report Abuse

Q At 0.60 too...

ikah

422 posts

Posted by ikah > 2017-11-09 16:24 | Report Abuse

still strong at 0-625

Posted by Parkson8888 > 2017-11-11 14:21 | Report Abuse

Raining and flood can increase clothing demand?

steelmaha

40 posts

Posted by steelmaha > 2017-11-12 13:47 | Report Abuse

Yes...buy now....by one year price sure to double

steelmaha

40 posts

Posted by steelmaha > 2017-11-12 13:48 | Report Abuse

I bought lion ind a year ago
..i made handsome profit...just sold my lion ind....buying parkson now

Posted by Lee Richard > 2017-11-12 16:30 | Report Abuse

Why can Parkson learn something from PADINI; so fantastic all the way from invested the same time now PADINI go from 1.60 to 5.40 within 3 years span !!

steelmaha

40 posts

Posted by steelmaha > 2017-11-12 20:54 | Report Abuse

Opportunity doesn't come always .....so relax...stop asking question...the answer is no use in stock market....we are here to make some bucks....and the best is buy at bottom....go for it.

steelmaha

40 posts

Posted by steelmaha > 2017-11-12 20:56 | Report Abuse

Anything goes up...sure to come down someday....anything goes down....sure to go up...at the right day.

Pen6

239 posts

Posted by Pen6 > 2017-11-13 21:23 | Report Abuse

Anything goes up...sure to come down someday....parkson gone down. More than 10 years may be lelong 50 sen at the right day.

TF Tan

290 posts

Posted by TF Tan > 2017-11-14 16:25 | Report Abuse

looks like no energy and volume to push up at the moment....

steelmaha

40 posts

Posted by steelmaha > 2017-11-14 21:13 | Report Abuse

No way lelong...got asset....current valuation is very cheap....opinion only

Booyeah

365 posts

Posted by Booyeah > 2017-11-15 10:36 | Report Abuse

parkson retail in Singapore show double losses yesterday. my opinion, try to get out before everyone realise it.

Posted by Parkson8888 > 2017-11-15 11:01 | Report Abuse

Add more 63 sen. PRGL bigger of 2(PRGL & PRA)still rock solid. Those not holding Parkson no need to post here offering advise. We will dumb dumb hold or add more.

Posted by Parkson8888 > 2017-11-15 11:10 | Report Abuse

Add further 62.5 sen.

TF Tan

290 posts

Posted by TF Tan > 2017-11-15 11:18 | Report Abuse

i will wait for it to touch 0.60 and see how it goes ... low volume lately n nothing much can expect so far.

Posted by Parkson8888 > 2017-11-15 21:33 | Report Abuse

PRGL Q3 show operating profit RMB 1.5 million. A good turnaround despite no major festival in Q3.
http://www.parksongroup.com.cn/upload/201711/151073123216842600.pdf

Posted by Parkson8888 > 2017-11-15 21:43 | Report Abuse

Parkson Mahkota Parade will close soon can save further rental expenses.

kelvin61

826 posts

Posted by kelvin61 > 2017-11-15 22:27 | Report Abuse

Pest like ks55 don't know how to read and play the market. That is why he is a loser all his life. Savvy investors buy ahead when they can sense the turnaround is near. By the time Parkson start to report profits on group basis, the share price would be shooting up like a rocket. If making money was so easy, then more than 90% of players including this idiot would not be losing all the time. The trouble is he doesn't have foresight and don't know how to interpret and crunch the numbers. Poor lost soul, I sincerely hope he finds his way. BTW, this ks55 pest don't even owned a lot of Parkson but spend all his time here. You think successful investors do this?

TF Tan

290 posts

Posted by TF Tan > 2017-11-16 10:31 | Report Abuse

bro, no personal attack pls. We are sharing info among each other to invest wisely. I do evaluate all the ks55 comments even though it may conflict with my interest. Everyone has his own view to gauge the market to provide complete consideration when investing. Everyone is our teacher. I bought this counter not due to its revenue, but its underlying hard assets.

TF Tan

290 posts

Posted by TF Tan > 2017-11-16 10:41 | Report Abuse

just to share, after read the report, parkson still making some losses n no profit even with positive revenue. 2018 could be a bubble burst year for bond, stock and real estate. if so, asset valuation for parkson will drop. just beware of this.

88798

60 posts

Posted by 88798 > 2017-11-16 10:48 | Report Abuse

this is positive comments. cheers

kelvin61

826 posts

Posted by kelvin61 > 2017-11-16 13:55 | Report Abuse

@ TF Tan I normally do not in principle get personal. But this chap got personal some time back and hit below the belt with no interest here. That was what broke the camel's back. He's still shitting every opportunity he gets. Someone need to put him in his place.

Your opinion on bursting of the bubble, I do agree but I think it will be anywhere from 2019 onwards. Conditions in the financial and world markets would probably be too overheated by then, cheers.

Posted by 真有钱 ^_^ > 2017-11-16 17:03 | Report Abuse

毒蛇(舌)又出来放毒了。
22Nov AGM, 21Nov 叫人等什么鸟?
好心他啦!

sostupid

447 posts

Posted by sostupid > 2017-11-16 18:42 | Report Abuse

How many types of retail outlets in Malaysia?

I heard they have Aeon,tesco, nirvana, econsave, mama stores, 99's stores and blaff blaff. 

2 things:
(1)What is Parkson’s competitive advantage besides its bloated share offerings.

(2)How is that competitive advantage sustainable over 5 to 10 years.


Ihope you don't pursue the path of closing down old stores to turn into profitability very soon!

sostupid

447 posts

Posted by sostupid > 2017-11-16 18:51 | Report Abuse

Even retail outlets businesses in the US are having a hard time. Don't blame Parkson just because you don't intend to be a shareholder. The business model of Parkson in Malaysia hasn't changed for so long, wonder what kind of talents is this?

JuniorR

101 posts

Posted by JuniorR > 2017-11-16 21:29 | Report Abuse

Positive Quarter by Parkson in China which is Parkson's biggest market!

Parkson's turnaround efforts are ongoing with 1 shopping mall, 2 Parkson Newcore Citymalls, gourmet supermarkets, fashion and Food & Beverage outlets in over 30 major cities across China.

ajibkor

168 posts

Posted by ajibkor > 2017-11-16 22:40 | Report Abuse

PRGL up 1 sen after Q3 QR released.
https://www.bloomberg.com/quote/3368:HK

TF Tan

290 posts

Posted by TF Tan > 2017-11-17 09:34 | Report Abuse

sell volume was low for past 2 days, lets wait and see ...

Posted by 真有钱 ^_^ > 2017-11-17 16:23 | Report Abuse

毒蛇够钟回家吃药了。
收皮啦你!

Posted by 真有钱 ^_^ > 2017-11-17 16:36 | Report Abuse

PRGL and PRA laosai 亏钱关我鸟事啊?
别人买百盛赚或亏又关你鸟事?
多事精!搞屎棍!收皮啦你!

harry_7

467 posts

Posted by harry_7 > 2017-11-17 16:43 | Report Abuse

面子问题。。。。要讲到你烦,然后赞同他才可以收皮。。。 :)

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