PARKSON HOLDINGS BHD

KLSE (MYR): PARKSON (5657)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.175

Today's Change

-0.01 (5.41%)

Day's Change

0.175 - 0.185

Trading Volume

1,216,000


15 people like this.

13,051 comment(s). Last comment by 5354_ 2 days ago

zoomm

91 posts

Posted by zoomm > 2018-02-02 16:32 | Report Abuse

Ks55 aggressively posting rumours and bad comments about this stock so he can collect at cheap price.

5354

375 posts

Posted by 5354 > 2018-02-03 10:05 | Report Abuse

His tricks exposed. Cheers for continue supporting Parkson.

zoomm Ks55 aggressively posting rumours and bad comments about this stock so he can collect at cheap price.
02/02/2018 16:32

Posted by Parkson8888 > 2018-02-04 17:02 | Report Abuse

If go online Parkson can close many stores to save rental and manpower expenses.

JuniorR if Parkson becomes Online Retailer can price go up to RM2,.. RM3... or even RM5 ?
25/01/2018 10:12

Posted by Parkson8888 > 2018-02-04 17:02 | Report Abuse

Secoo Holding Limited Announces Strategic Partnership with Parkson Retail Group
2018-01-23T11:00:05Z Email

Secoo Holding Limited Announces Strategic Partnership with Parkson Retail
Group

BEIJING, Jan. 23, 2018 (GLOBE NEWSWIRE) -- Secoo Holding Limited (“Secoo” or
the “Company”) (NASDAQ:SECO), Asia's largest online integrated upscale
products and services platform, today announced that it has signed a strategic
partnership agreement (the “Agreement”) with Parkson Retail Group (“Parkson”)
(HKEx:03368), the retail division of the Malaysian Lion Group to drive
omni-channel services that will take both companies' online-to-offline
initiatives to the next level.

Pertaining to the Strategic Partnership Agreement, Secoo and Parkson will
offer products on each other's websites, and integrate their online-to-offline
business resources to enable customers to make orders online and pick up
products at either brand’s offline stores. Both companies will also offer
their products in Secoo's experience centers and Parkson's stores. In the
meantime, the partnership allows both Secoo and Parkson customers to benefit
from reciprocal membership privileges, including coupons to spend in stores
and online, and access to exclusive offers.

Mr. Sui Hiong Chong, Chief Executive Officer and Executive Director of
Parkson, said, “Parkson is a world’s leading operator of department stores.
Secoo is Asia’s largest online integrated luxury products and services
platform. We are excited to cooperate with Secoo on constructing an integrated
‘New Retail’ model. By integrating our resources, we are committed to
providing our customers with intelligent and comprehensive lifestyle
services.”

“We are pleased and privileged to be a strategic partner of Parkson,” said Mr.
Richard Li, Chairman and Chief Executive Officer of Secoo. “Parkson is a
leading nationwide lifestyle retail operator in China and now operates and
manages a diversified collection of retail formats in more than 30 major
Chinese cities. Secoo and Parkson have the mutual mission of providing upscale
products and lifestyle services to the growing middle class and high-income
population in China. As omni-channel experiences and services increasingly
drive growth in the luxury industry, our collaboration with Parkson will
enhance our offline presence in addition to our existing offline-experience
centers, expand our valued customer base and extend our users’ experience.
Looking ahead, we aim at deepening the omni-channel services and providing
more diversified product and service offerings and delivering seamless and
superior shopping experience for our customers.”

About Parkson Retail Group
Parkson Retail Group, the retail arm of Malaysia’s Lion Group, officially
entered China’s retail market in 1994 by launching its first high-end
department store in Fuxingmen, Beijing. Parkson now operates 45 outlets,
including a Parkson Newcore city mall, in 31 Chinese cities across 20
provinces. With over 23 years of experience in China’s retail industry,
Parkson is a household name among Chinese consumers.

About Secoo Holding Limited
Secoo Holding Limited (“Secoo”) is Asia’s largest online integrated upscale
products and services platform as measured by GMV in 2016. Secoo provides
customers a wide selection of authentic upscale products and lifestyle
services on the Company’s integrated online and offline shopping platform
which consists of the Secoo.com website, mobile applications and offline
experience centers, offering over 300,000 SKUs, covering over 3,000 global and
domestic brands. Supported by the Company’s proprietary database of upscale
products, authentication procedures and brand cooperation, Secoo is able to
ensure the authenticity and quality of every product offered on its platform.

For more information, please visit ir.secoo.com
https://www.bloomberg.com/press-releases/2018-01-23/secoo-holding-limi...

joetay

3,737 posts

Posted by joetay > 2018-02-05 00:01 | Report Abuse

till so many jokers so optimistic abt dying parkson.

supporters of parkson must be supporters of tan teng boo also.

buy at rm2/share and now is only worth 54sen/share.

still dreaming of reaching rm2 and above when it cannot even double.

i give it 2 yrs and it also cannot double, any of u dare to take the bet????

lol............

apolloang

18,163 posts

Posted by apolloang > 2018-02-05 00:07 | Report Abuse

I still remember about 5 years ago,a few weeks before GE 13,one of my uncle told me parkson very cheap at 5.20. he told me that often this stock will rebound to above 6 or 7.i told him don't buy and buy SAB instead at 2.60 at that time

joetay

3,737 posts

Posted by joetay > 2018-02-05 00:19 | Report Abuse

i did not had a good impression of parkson investor presentation many many yrs ago, thats why i stayed away from the stock.

lol............

apolloang

18,163 posts

Posted by apolloang > 2018-02-05 00:21 | Report Abuse

I don't like to buy loss company unless it's a political stock.

joetay

3,737 posts

Posted by joetay > 2018-02-05 00:28 | Report Abuse

same here, there must be a push factor, be it technical or fundamentals, to push me to buy in.

apolloang

18,163 posts

Posted by apolloang > 2018-02-05 00:41 | Report Abuse

I look at the director stock amsteel,lion forest(POSIM),lion corp....I also dare not touch this parkson

joetay

3,737 posts

Posted by joetay > 2018-02-05 00:47 | Report Abuse

thats why i touched southern steel instead of lionind for steel play.

did it for fun and make abt 20% b4 selling off. all in abt 4-6 mths.

like the motto of phibro commodities, better to sleep easy than staying awake worrying the position.

apolloang

18,163 posts

Posted by apolloang > 2018-02-05 00:49 | Report Abuse

enjoy watching soccer now.....hehe

zoomm

91 posts

Posted by zoomm > 2018-02-05 17:06 | Report Abuse

I buy parkson because it fall from RM2 to RM0.5x, and business is improving.

zoomm

91 posts

Posted by zoomm > 2018-02-05 17:30 | Report Abuse

Lionind is up today, strong support for this stock.

zoomm

91 posts

Posted by zoomm > 2018-02-05 18:14 | Report Abuse

What you mean 2 years cannot double? Double from RM2 or from current price?

zoomm

91 posts

Posted by zoomm > 2018-02-05 18:21 | Report Abuse

Why LOL? You stock can double in 2 years ? Why you so sure?
Buy nestle/public bank/maybank/cimb can double in 2 years?
Why buy parkson cannot double in 2 years? It has more chance that steady income stock.

zoomm

91 posts

Posted by zoomm > 2018-02-05 18:25 | Report Abuse

Lionind is up from 0.40 to current price RM1.30, because it's profit is improving.

zoomm

91 posts

Posted by zoomm > 2018-02-05 18:29 | Report Abuse

If you buy lionind on Jan 2017 and hold until now, you get triple return.

zoomm

91 posts

Posted by zoomm > 2018-02-05 18:59 | Report Abuse

BTW, I am looking for 20% return only, if not people like joetay will LOL me and side bet me cannot get double in 2 years. Better not greedy, 20% enough, I scare people will laugh at me and side bet me also.

joetay

3,737 posts

Posted by joetay > 2018-02-05 19:05 | Report Abuse

puc gave me 400% return since jan 2017.


Posted by zoomm > Feb 5, 2018 06:29 PM | Report Abuse

If you buy lionind on Jan 2017 and hold until now, you get triple return.

yucaihacai

355 posts

Posted by yucaihacai > 2018-02-06 06:49 | Report Abuse

Edge Weekly
Cover Story: Potential privatisation targets
Ben Shane Lim
/
The Edge Malaysia

February 01, 2018 16:00 pm +08

This article first appeared in The Edge Malaysia Weekly, on January 22, 2018 - January 28, 2018.




Parkson Holdings
Price to book: 23.9%
Net cash to share price: 96.38%
Price to earnings: Loss-making
Opportunity: Parkson has lots of cash on its books — RM3.197 billion — the result of the disposal of Beijing Huadesheng Property Management Co Ltd. On a net basis, Parkson has RM555.4 million cash or almost 96% of the group’s market capitalisation. The group is 32.6%-controlled by Tan Sri William Cheng.

Challenges: To take the company private, Cheng would need to muster about RM430 million (assuming a 10% premium). Funding may be challenging as Parkson is loss-making.

It also has RM2.077 billion worth of HK dollar-denominated bonds that are maturing in May this year. Refinancing the bonds may be easier with a listed entity that can tap the capital markets for funding.

Most of the group’s cash (about RM2.9 billion) is deposited in China and is subject to foreign exchange controls. Only RM110 million is estimated to be held in Malaysia.

joetay

3,737 posts

Posted by joetay > 2018-02-06 08:55 | Report Abuse

still bsing stories again, @yucaihacai.

ur parkson is dead alrdy and now u spinning privatization story to be bullish.

and with the bonds that parkson retail has outstanding, it is in a negative cash position.

so why in the world will william go privatize a debt-ridden company????

dont tell me u r so ignorant to reality???

lol.........

joetay

3,737 posts

Posted by joetay > 2018-02-06 09:40 | Report Abuse

ks55, ks55

parkson supporters r alrdy burnt badly by william.

pls show them some compassion despite our many forewarnings to them.

lol..........

zoomm

91 posts

Posted by zoomm > 2018-02-06 10:43 | Report Abuse

Stupid Ks55, you can win when parkson down or market down?
Don't act like a child.

zoomm

91 posts

Posted by zoomm > 2018-02-06 10:52 | Report Abuse

Privatisation is possible but not fair for long term investors.

Stupid joetay and KS55 help William to privatise at low cost.

kelvin62

70 posts

Posted by kelvin62 > 2018-02-06 10:54 | Report Abuse

Add more 49.5-50 sen.

zoomm

91 posts

Posted by zoomm > 2018-02-06 10:59 | Report Abuse

Stupid joeytay, the edge reporter said parkson is possible for privatisation because current share price is deeply undervalued.

zoomm

91 posts

Posted by zoomm > 2018-02-06 11:19 | Report Abuse

Parkson Par value is RM1, if privatisation offer price is at least RM1 per share

JuniorR

101 posts

Posted by JuniorR > 2018-02-06 11:34 | Report Abuse

We wont sell our share at RM1 if Parkson is offered to be privatised! Only at RM3 and above we shall consider.. CASH on hand RM3.197 BILLION. Sorry ks55, no one will sell shares to your privatisation drive at current prices.


Edge Weekly
Cover Story: Potential privatisation targets
Ben Shane Lim
/
The Edge Malaysia

February 01, 2018 16:00 pm +08

This article first appeared in The Edge Malaysia Weekly, on January 22, 2018 - January 28, 2018.


Parkson Holdings
Price to book: 23.9%
Net cash to share price: 96.38%
Price to earnings: Loss-making
Opportunity: Parkson has lots of cash on its books — RM3.197 billion — the result of the disposal of Beijing Huadesheng Property Management Co Ltd. On a net basis, Parkson has RM555.4 million cash or almost 96% of the group’s market capitalisation. The group is 32.6%-controlled by Tan Sri William Cheng.

Challenges: To take the company private, Cheng would need to muster about RM430 million (assuming a 10% premium). Funding may be challenging as Parkson is loss-making.

It also has RM2.077 billion worth of HK dollar-denominated bonds that are maturing in May this year. Refinancing the bonds may be easier with a listed entity that can tap the capital markets for funding.

Most of the group’s cash (about RM2.9 billion) is deposited in China and is subject to foreign exchange controls. Only RM110 million is estimated to be held in Malaysia.

JuniorR

101 posts

Posted by JuniorR > 2018-02-06 12:06 | Report Abuse

FYI., majority shareholder like Mr WC need not come out with own money to privatise.. AND ALSO,. PARKSON HAS MONEY. read and keep up to date with management.. You want to get left behind and lose money buying expensive stocks go ahead. but dont cheat ppl who can buy bargain stocks like Parkson for long term.. Plus, if you have no short interest i'm quite sure you are a promoter for privatisation. if you are just here for fun then you must be so-high..

zoomm

91 posts

Posted by zoomm > 2018-02-06 12:26 | Report Abuse

Stupid KS55 bring out 2016 news, now is 2018. Lionind is a profit making company now.

joetay

3,737 posts

Posted by joetay > 2018-02-06 12:42 | Report Abuse

now i know what an idiot zoomm is.

as of last quarter, parkson is still in the red.

what profit making??? is it in ur dream, zoomm????

TF Tan

290 posts

Posted by TF Tan > 2018-02-06 15:44 | Report Abuse

parkson is not a profit making company ... bet on parkson means due to its heavy asset .. its a bet of right or wrong ... dun bet on their business model, its not working for many years.

joetay

3,737 posts

Posted by joetay > 2018-02-06 16:27 | Report Abuse

@tftan, william may spring a surprise on its asset valuation.

zoomm

91 posts

Posted by zoomm > 2018-02-06 19:35 | Report Abuse

Parkson business is improving especially at China Market.

zoomm

91 posts

Posted by zoomm > 2018-02-06 20:20 | Report Abuse

Current valuation on assets are under value, especially on China market, smart money, funds and even competitor are investing on Parkson Retail Group.
http://gu.qq.com/hk03368/gp/zjc

joetay

3,737 posts

Posted by joetay > 2018-02-06 20:38 | Report Abuse

have u been to china, @zoomm???

parkson is basically being run out of the chinese market by alibaba/jd/wanda/sm. so how can parkson china biz be improving????

and with the high debt levels, the assets will not be even able to service the debts.

u r really dreaming, @zoomm.

do u want to take a bet with me that parkson will not be able to go above 75 sens/share by mid yr????

lol.........

zoomm

91 posts

Posted by zoomm > 2018-02-06 21:00 | Report Abuse

Net asset is after deduction of debts, it is basic accounting.
Parkson retails group are having meeting on 23rd Feb, earning ended 31-12 will be anounce on that day.

zoomm

91 posts

Posted by zoomm > 2018-02-06 21:03 | Report Abuse

Stupid joeytay, I will bot het unless I know your real name and real facebook.

joetay

3,737 posts

Posted by joetay > 2018-02-06 21:45 | Report Abuse

@zoomm kena exposed by me for his lack of knowledge of china retail biz and now resort to calling me stupid.

if parkson is so good like u think it is, then why is it only worth 50sens/share????

we can just set up a blog in this forum for this bet, so no need real names or facebook

only thing is that u will be embarrassed by me.

r u willing to take up my challenge????

lol...........

Posted by Parkson8888 > 2018-02-06 22:50 | Report Abuse

Why JCY 40 sen?

Posted by Parkson8888 > 2018-02-07 15:57 | Report Abuse

Why not you sell to me off market? Save brokerage.

ks55 Parkson should be 40 sen too
07/02/2018 15:10

zoomm

91 posts

Posted by zoomm > 2018-02-08 12:19 | Report Abuse

Ks55 prove me that you are not lier , you said WC is not able to top up margin.... got pledged parkson share?

zoomm

91 posts

Posted by zoomm > 2018-02-08 12:37 | Report Abuse

Stupid KS55 even parkson is below 40 cents, I still can survive and still can scold you here.
You can win notting because you can't short parkson. Maybe later you can if it is over RM2

zoomm

91 posts

Posted by zoomm > 2018-02-08 12:44 | Report Abuse

Ks55 yiu better use different IP to log in, I am going to report you to MCMC for creating rumours here, your act is an violation of laws already.

joetay

3,737 posts

Posted by joetay > 2018-02-08 14:38 | Report Abuse

now we know @zoomm is really going crazy from losing money from parkson.

while u r at it, u r welcome to sue me as well.

do u want my lawyer's contact????

lol.........

JuniorR

101 posts

Posted by JuniorR > 2018-02-08 16:41 | Report Abuse

sell to me for 40 sen? I will first take 700 lots thank you.

TP RM2

JuniorR

101 posts

Posted by JuniorR > 2018-02-08 17:10 | Report Abuse

Genuine offer from newbie. How come you don't want to sell at your TP??

hm.. Well it is only right if people compare my comment history with yours;

http://klse.i3investor.com/servlets/cube/post/ks55.jsp

Post a Comment
Market Buzz