PARKSON HOLDINGS BHD

KLSE (MYR): PARKSON (5657)

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Last Price

0.18

Today's Change

+0.01 (5.88%)

Day's Change

0.17 - 0.18

Trading Volume

4,053,500


15 people like this.

13,002 comment(s). Last comment by DickyMe 16 hours ago

Pen6

239 posts

Posted by Pen6 > 2018-02-16 21:15 | Report Abuse

恭喜共喜怕剩狗年旺旺叫,Lima puluh sen saja, murah murah ,旺旺旺旺旺旺旺

contrarian

297 posts

Posted by contrarian > 2018-02-20 11:51 | Report Abuse

Pay 51.5 sen for Parkson smarter or pay RM 5 for Padini smarter? As contrarian I choose Parkson over Padini.

limch

3,184 posts

Posted by limch > 2018-02-22 11:02 | Report Abuse

Can Parkson reward us PRGL shares?

zero

525 posts

Posted by zero > 2018-02-23 18:08 | Report Abuse

actually, PRG posted a good set of results. PHB may just be in the black this Q. Let's see.

curious2

1,812 posts

Posted by curious2 > 2018-02-23 21:33 | Report Abuse

Profit/loss attributable to
Owners of the parent
105 ,889
NonNon -controlling interests
2,199
108 ,088

Leesk

340 posts

Posted by Leesk > 2018-02-23 22:33 | Report Abuse

Analysis of the results show that PRGL operating result have turnaround with profit rm83mil from loss of rm 200 million. 20o

Leesk

340 posts

Posted by Leesk > 2018-02-23 22:37 | Report Abuse

The 2017 loss include provision of litigation of rmb 100 million and associate rmb 17 mil.

Leesk

340 posts

Posted by Leesk > 2018-02-23 22:38 | Report Abuse

the litigation is related to a subsidiary of Parkson holdings which may make a profit from the litigation proceed

zero

525 posts

Posted by zero > 2018-02-24 02:14 | Report Abuse

That RMB100mio goes to PHB

joetay

3,737 posts

Posted by joetay > 2018-02-24 15:54 | Report Abuse

and yet die-hard parkson supporters still believe that parkson can survive in china.

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

ajibkor

168 posts

Posted by ajibkor > 2018-02-25 17:23 | Report Abuse

Our PM want to have good relationship with China so the answer is yes.

joetay and yet die-hard parkson supporters still believe that parkson can survive in china.

lol..............
24/02/2018 15:54

ajibkor

168 posts

Posted by ajibkor > 2018-02-25 17:24 | Report Abuse

PM Najib beside Tan Sri William Cheng during CNY dinner.

ajibkor

168 posts

Posted by ajibkor > 2018-02-25 17:25 | Report Abuse

Don't gamble country's future on unproven and untested parties, Najib tells business community
https://www.nst.com.my/news/nation/2018/02/338652/dont-gamble-countrys-future-unproven-and-untested-parties-najib-tells

ajibkor

168 posts

Posted by ajibkor > 2018-02-25 17:54 | Report Abuse

Najib: Have faith in a 'tried and tested, and also delivered' party
Read more at https://www.thestartv.com/v/najib-have-faith-in-a-tried-and-tested-and-also-delivered-party#p3cLFsRjgrCuto2l.99

joetay

3,737 posts

Posted by joetay > 2018-02-25 22:43 | Report Abuse

and die hard parkson supporters once again exposed their ignorance.

u think china will bother with ikan bilis parkson?????

parkson will just die a slow death.

they support their own alibaba and 10cent.

ajibkor

168 posts

Posted by ajibkor > 2018-02-26 10:36 | Report Abuse

BN govn has good relationship with China started with Tun Razak. Now PM Najib turn.

Posted by StanleyHong > 2018-02-26 11:51 | Report Abuse

I keep Parkson for 2 years, every month buy 4 Lots until now got 50 Lots. Bought from the highest RM2.00 Till now RM0.50. I still keep buying every month. I only a worker earn less than 7K a month

Posted by StanleyHong > 2018-02-26 11:52 | Report Abuse

maybe i waste my money but trust 1 day Parkson will show the true values

LV888

58 posts

Posted by LV888 > 2018-02-26 11:54 | Report Abuse

This year is Parkson Malaysia 30th anniversary, any chance for SPECIAL DIVIDEND? Parkson is cash rich.

LV888

58 posts

Posted by LV888 > 2018-02-26 11:57 | Report Abuse

Parkson don't need help from politicians, just close the loss making branches and cut cost.

LV888

58 posts

Posted by LV888 > 2018-02-26 12:02 | Report Abuse

StanleyHong, long term investment very good, like buying insurance, first 2 years no cash value, LOL.

joetay

3,737 posts

Posted by joetay > 2018-02-26 12:14 | Report Abuse

now we confirm ajibkor is unaware of malaysia political history.

no malaysian have a better china connection than robert, not even the prime minister.

joetay

3,737 posts

Posted by joetay > 2018-02-26 12:15 | Report Abuse

as per usual, we can see die hard parkson supporters supporting a dying parkson like tan teng boo.

really shows the low iq of these jokers.

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

LV888

58 posts

Posted by LV888 > 2018-02-26 12:25 | Report Abuse

Got many parkson haters here, maybe lost a lot of money on this counter and sold already, cannot 'tahan' to see parkson share price RISE again.

joetay

3,737 posts

Posted by joetay > 2018-02-26 12:29 | Report Abuse

as usual, die hard parkson supporters will talk nonsense once i give a fair opinion on the share.

i dont have a single parkson share but i enjoy making fun of the stupidity of die hard parkson supporters.

now tell me, is it able to survive in china against alibaba and 10c????

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

LV888

58 posts

Posted by LV888 > 2018-02-26 13:05 | Report Abuse

Online retailer got it's limitation, Alibaba got a lot of fake and low quality items, in fact alibaba. Is investing on physical store now for future growth.

https://www.fungglobalretailtech.com/research/alibabas-big-bet-physical-retail-e-commerce-winning-combination/

joetay

3,737 posts

Posted by joetay > 2018-02-26 13:44 | Report Abuse

as usual, die hard parkson supporters r like frogs in the well.

have u ever been to china and see how alibaba/10c has evolved????

go look at their stores in shanghai and u will know why parkson is habis in china.

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

Posted by Parkson8888 > 2018-02-26 17:30 | Report Abuse

12. Comment on material change in profit
Immediate
Current Preceding
Quarter Quarter
31.12.2017 30.9.2017 Changes
RM'000 RM'000 %
Revenue 1,064,509 916,810 16
Operating profit/(loss) 26,909 (45,565) >100
Loss before tax (3,281) (52,886) 94
13. a) Prospects
b) Forecast or target previously announced
The disclosure requirements are not applicable for the current quarter and financial year-to-date.
For the current quarter under review, the Group's revenue increased by 16% to RM1,065 million mainly due to higher
consumer spending during the year-end festivities and holiday seasons. The higher revenue coupled with the continued
operational efficiencies had enabled the Group to turn profitable with an operating profit of RM27 million.

Posted by Parkson8888 > 2018-02-26 17:32 | Report Abuse

2. Comment on material change in profit
Immediate
Current Preceding
Quarter Quarter
31.12.2017 30.9.2017 Changes
RM'000 RM'000 %
Revenue 1,064,509 916,810 16
Operating profit/(loss) 26,909 (45,565) >100
13. a) Prospects
b) Forecast or target previously announced
The disclosure requirements are not applicable for the current quarter and financial year-to-date.
For the current quarter under review, the Group's revenue increased by 16% to RM1,065 million mainly due to higher consumer spending during the year-end festivities and holiday seasons. The higher revenue coupled with the continued operational efficiencies had enabled the Group to turn profitable with an operating profit of RM27 million.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5701117

Posted by Parkson8888 > 2018-02-26 17:32 | Report Abuse

Operating profit RM 27 million.

Posted by Parkson8888 > 2018-02-26 17:37 | Report Abuse

Finance income higher than finance cost show net cash position.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2018-02-26 17:50 | Report Abuse

Another good holland call by Calvintan ! http://www.bursamalaysia.com/market/listed-companies/company-announcements/5701117

Posted by Mohd Fahmi Bin Jaes > 2018-02-26 17:51 | Report Abuse

Gap up

joetay

3,737 posts

Posted by joetay > 2018-02-26 20:38 | Report Abuse

congrats to die hard parkson supporters for another money losing quarter.

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

Posted by William_Cheng > 2018-02-26 21:45 | Report Abuse

13. a) Prospects
The Group remains confident in our China retailing operations and believes that the Group's transformation strategies focusing on diversified retail formats coupled with stores' network optimisation and products offering enhancement, are keeping the Group on the right track. While the Group's operating environment in the Southeast Asian region is anticipated to remain challenging over subdued consumer sentiment and stiff competition, the Group will continue to
monitor its strategy execution as well as stores' performance.

Posted by William_Cheng > 2018-02-26 21:45 | Report Abuse

Operating profit RM 27 million up over 100% YOY.

joetay

3,737 posts

Posted by joetay > 2018-02-26 21:47 | Report Abuse

so what, its still a small ikan bilis in china.

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

LV888

58 posts

Posted by LV888 > 2018-02-26 22:12 | Report Abuse

Secoo.com (NASDAQ listed Luxury goods online retailer) is partnering with Parkson to sell LV, Prada, Gucci, Hermes to China consumer, this show that consumer in China trust Parkson.

joetay

3,737 posts

Posted by joetay > 2018-02-26 22:14 | Report Abuse

now we all know ur stupidity and lack of understanding of china retail market.

u dont know lv/prada etc has shops in china????

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

Leesk

340 posts

Posted by Leesk > 2018-02-26 22:16 | Report Abuse

whatever it is Parkson holdings is turnaround. whoever miss this boat will regret

joetay

3,737 posts

Posted by joetay > 2018-02-26 22:18 | Report Abuse

all i know is parkson fell from near 10 to 0.5 in a matter of 10 yrs.

so whatever turnard is bs.

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

Leesk

340 posts

Posted by Leesk > 2018-02-26 22:20 | Report Abuse

the turnaround number show an operating profits of 27 million this quarter results

joetay

3,737 posts

Posted by joetay > 2018-02-26 22:22 | Report Abuse

so what????

dont talk china, but can parkson even survive in malaysia????

lol.........

Leesk

340 posts

Posted by Leesk > 2018-02-26 22:24 | Report Abuse

No point talking either you believe or not is your choices

joetay

3,737 posts

Posted by joetay > 2018-02-26 22:24 | Report Abuse

as usual, when i asked sensible question on whether parkson will be able to survive in malaysia, die hard parkson supporters r unable to answer me.

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

Leesk

340 posts

Posted by Leesk > 2018-02-26 22:30 | Report Abuse

This is old news. how many time you want to reproduce here

joetay

3,737 posts

Posted by joetay > 2018-02-26 22:30 | Report Abuse

but the fact is that parkson is indeed having a questionable future in china and even malaysia.

lol..........

limch

3,184 posts

Posted by limch > 2018-02-26 22:35 | Report Abuse

Beg to differ. Our present PM is having good relationship with China unlike Dr M.

limch

3,184 posts

Posted by limch > 2018-02-26 22:37 | Report Abuse

Latest QR Parkson still managed to increase revenue in absence of major festivals eg CNY or Hari Raya.

joetay

3,737 posts

Posted by joetay > 2018-02-26 22:37 | Report Abuse

so what????

this doesnt change the fact that parkson is kueh habis in china.

lol.........

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