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 14 hours ago

Posted by Parkson8888 > 2018-03-21 22:01 | Report Abuse

Parkson shareholders if you hate their posts just click report abuse each time they posts here.

yucaihacai

355 posts

Posted by yucaihacai > 2018-03-21 22:53 | Report Abuse

I am waiting more negative comments. So i can recollect low

joetay2

474 posts

Posted by joetay2 > 2018-03-22 00:02 |

Post removed.Why?

joetay2

474 posts

Posted by joetay2 > 2018-03-22 00:03 | Report Abuse

so many parkson losers report me.

proves that they r really losers.

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

Posted by Parkson8888 > 2018-03-22 04:27 | Report Abuse

Admin pls suspend joetay2 and subsequent joetay's as well.

curious3

28 posts

Posted by curious3 > 2018-03-22 09:17 | Report Abuse

yucaihacai pls buy today.

tnang

688 posts

Posted by tnang > 2018-03-22 16:14 | Report Abuse

buy at 44.5 to test luck

LV888

58 posts

Posted by LV888 > 2018-03-22 17:17 | Report Abuse

Ks55 and joeytay short sell a lot of parkson share, you sell cheap so they can earn money.

LV888

58 posts

Posted by LV888 > 2018-03-22 17:19 | Report Abuse

They are stupid idiot short selling Parkson at this price.....business are improving.

5354

375 posts

Posted by 5354 > 2018-03-23 13:47 | Report Abuse

Will Parkson consider retrenching staffs?
https://www.theedgemarkets.com/article/acccim-40-local-chinese-businesses-may-consider-retrenchment

5354

375 posts

Posted by 5354 > 2018-03-23 14:53 | Report Abuse

ACCCIM: 40% of local Chinese businesses may consider retrenchment
https://www.theedgemarkets.com/article/acccim-40-local-chinese-businesses-may-consider-retrenchment

Posted by Parkson8888 > 2018-03-23 14:56 | Report Abuse

Why so many lazy forumers in i3? Read my earlier postings.

gckee

17 posts

Posted by gckee > 2018-03-23 18:19 | Report Abuse

Property in Wuxi, China purchase complete. So cash rich Parkson.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5734169

Posted by Parkson8888 > 2018-03-25 18:14 | Report Abuse

Unlikely. The way he posts not promoting as shareholder.

Posted by issac99289928 > Mar 24, 2018 12:24 PM | Report Abuse
I think ks55 loves Parkson so much that he already accumlated millions of Parkson's shares.

Posted by Parkson8888 > 2018-03-25 18:20 | Report Abuse

OTHERS Announcement by Parkson Retail Group Limited - Update on Discloseable Transaction: Acquisition of Properties in Wuxi, Jiangsu, the People's Republic of China

PARKSON HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description Announcement by Parkson Retail Group Limited - Update on Discloseable Transaction: Acquisition of Properties in Wuxi, Jiangsu, the People's Republic of China
Reference is made to the announcement by the Company on 19 March 2018 in relation to the announcement by Parkson Retail Group Limited ("PRGL"), a 54.97% owned subsidiary of the Company listed on The Stock Exchange of Hong Kong Limited, in respect of the discloseable transaction on the acquisition of properties in Wuxi, Jiangsu, the People's Republic of China ("Acquisition") ("PRGL Earlier Announcement").

Unless otherwise stated, the terms used throughout this announcement shall have the same meaning as defined in the PRGL Earlier Announcement.

PRGL had on 23 March 2018 announced an update on the Acquisition that (i) the Wuxi Intermediate Court has issued an auction completion confirmation confirming that Wuxi Sanyang Parkson Plaza Co., Ltd., a 60% owned subsidiary of PRGL, has acquired the Properties at the consideration of Rmb200,000,000 (equivalent to approximately RM124,000,000); and (ii) the PRGL Group has paid the balance of the Consideration of Rmb180,000,000 (equivalent to approximately RM111,600,000) on 22 March 2018 ("PRGL Announcement"). A copy of the PRGL Announcement is attached herewith.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5734169

Patron

1,173 posts

Posted by Patron > 2018-03-25 20:32 | Report Abuse

this one is Tan Eng stock. he promoted aggressively few years back.

Patron

1,173 posts

Posted by Patron > 2018-03-25 20:33 | Report Abuse

may Tan Eng be with you all

limch

3,184 posts

Posted by limch > 2018-03-26 05:26 | Report Abuse

Really? Why he doesn't post any more here? He cut loss but never informed?

Posted by Patron > Mar 25, 2018 08:32 PM | Report Abuse
this one is Tan Eng stock. he promoted aggressively few years back.

Posted by Mohd Fahmi Bin Jaes > 2018-03-26 05:48 | Report Abuse

Cut

Posted by Parkson8888 > 2018-03-26 05:53 | Report Abuse

Too low to cut now. 44 sen best buy?

Posted by Mohd Fahmi Bin Jaes > Mar 26, 2018 05:48 AM | Report Abuse
Cut

Patron

1,173 posts

Posted by Patron > 2018-03-26 10:49 | Report Abuse

limch

According to my observation , Tan Eng will at first aggressively promote share X when price starts to trend downward. you will see him non stop spamming all day all night. when price starts to go down further he will ask you to add more. Then he will disappear ( or jump to another stocks as you know he hold 100 counters ) if the price go down even more. After few years when the price starts to come out of the base he will happily claim all the credits and pretend like he is i3 Jesus.

Patron

1,173 posts

Posted by Patron > 2018-03-26 10:51 | Report Abuse

of coz he will quote Warren Buffet , all other "Gurus" and show you how much he made in stocks XYZ.

now parkson price very depressed you wont see him around one. he will tell you as long as the company is not delisted you still have chance. what a joke!


if you are observant enough you will know all his tricks.

gckee

17 posts

Posted by gckee > 2018-03-26 11:30 | Report Abuse

Perhaps dual listing in HK can help Parkson?

Posted by GoGoWonderful > 2018-03-26 11:39 | Report Abuse

First time bought at 43 sen. Thanks those selling at lowest ever price.

Posted by verycurious > 2018-03-26 14:16 | Report Abuse

ks55 pls go to jail.

Posted by verycurious > 2018-03-26 14:17 | Report Abuse

RM500,000 fine, 10 years jail for creating, spreading fake news
https://www.nst.com.my/news/nation/2018/03/349512/rm500000-fine-10-years-jail-creating-spreading-fake-news

Leesk

340 posts

Posted by Leesk > 2018-03-26 19:40 | Report Abuse

it is better to distribute listed PRGL and PRA shares by specie to Parkson holdings shareholders. This will increase the value.

Posted by verycurious > 2018-03-27 09:38 | Report Abuse

I am more concerned to make police report to sue ks55 for spreading fake news.

Leesk it is better to distribute listed PRGL and PRA shares by specie to Parkson holdings shareholders. This will increase the value.
26/03/2018 19:40

Posted by verycurious > 2018-03-27 12:07 | Report Abuse

Like it or not it is ks55 postings. Many counters don't give dividend or very little eg Hengyuan why they trade at RM 8?

Lion88 Why isn't Parkson management trying to save the falling share price?
When the market improve or deteriorate, the share price continued to decline.
There is no booster to the share price and yet they have the cash to invest in Wuxi.
Are they neglecting their fellow investors?
Are there any management or friends of the management that are in this forum?
Please relay the urgency to keep the price of Parkson Shares alive.
We have not received dividend for around 2 years and the valuation on my holdings have declined close to 5-10 folds since 5 years ago.
27/03/2018 11:35

Posted by verycurious > 2018-03-27 12:10 | Report Abuse

The law effective yesterday but your postings here very long ago. How abt your earlier false postings?

ks55 You want to sue me?
What did I say?
Parkson TP 40 sen ?

Posted by verycurious > 2018-03-27 12:13 | Report Abuse

You ask 10 people abt latest fake news law 8 people will give different answer. More lawyers required?

Posted by William_Cheng > 2018-03-27 12:23 | Report Abuse

i3 can be sued if follow latest law for not doing anything on ks55.

Posted by William_Cheng > 2018-03-27 12:24 | Report Abuse

If Parkson bankrupt why got RM 120 million to pay for Wuxi shopping mall?

ks55 show me which part is not right?
27/03/2018 12:22

Posted by William_Cheng > 2018-03-27 12:26 | Report Abuse

lion88 the money for dividend better use to acquire shopping mall under auction to save rental expenses.

Posted by William_Cheng > 2018-03-27 12:30 | Report Abuse

I agree with PM Najib on cash is king. Parkson only acquire shopping mall when they on auction sale not pay at market price.

Posted by William_Cheng > 2018-03-27 12:33 | Report Abuse

Earlier in 2016 we disposed 1 China shopping mall for RM 1 billion now can buy 9-10 shopping malls like in Wuxi.

yucaihacai

355 posts

Posted by yucaihacai > 2018-03-27 12:57 | Report Abuse

kosong 55, a pencen teacher, acting like a tikus. Sudah posting, tapi kemudian delete. Apa macam? Takut orang sue you ka?!

Posted by LowChingHong > 2018-03-28 10:54 | Report Abuse

may Tan Eng be with you all

Posted by LowChingHong > 2018-03-28 10:55 | Report Abuse

his one is Tan Eng stock.

yucaihacai

355 posts

Posted by yucaihacai > 2018-03-28 11:36 | Report Abuse

中国业务转型‧百盛可返正轨
Author: Tan KW Publish date: Mon, 26 Mar 2018, 09:40 AM
Close
大马业务方面,营业额增长4%至5亿零500万令吉,主要是新分店作出额外营收贡献。惟营运下的同店销售额却是负成长4%,主要是缺少去年同期的开斋节购物活动。
读者NSH问:

(1)百盛(PARKSON,5657,主板贸服组)的(A)前景还行吗?有点担心其业绩和财务表现,(B)还值得持有吗?

答:(1)(A)及(B):百盛前景如何及是否值得持有,最近宣布最新业绩及业务表现,以及未来业务前景的评语等可供参考。

截至2017年12月31日为止第二季,百盛由盈转亏(相信也是令投资者担心的主因),净亏损为1387万令吉(每股净亏损为1.30仙),前期还取得净利7266万5000令吉(每股净利为6.76仙)。

该公司第二季及首6个月的营业额变动不大,分别达到10亿6450万9000令吉及19亿8131万9000令吉。每股资产值为2令吉19仙。

首6个月,该公司旗下主要零售业务营业额增长3%至19亿5600万令吉,营运亏损为900万令吉,这里点出其每个市场零售业务表现,以供参考。

大马业务方面,营业额增长4%至5亿零500万令吉,主要是新分店作出额外营收贡献。惟营运下的同店销售额却是负成长4%,主要是缺少去年同期的开斋节购物活动。

基于这点,大马业务营运亏损进一步扩大至2000万令吉。截至去年杪,百盛大马拥有45间分店,包括2间新开的关丹及新山分店,与此同时,公司也关闭了2间业务欠佳的分店。

●中国业务:这是公司零售业务最大贡献者。转型策略出现令人鼓舞的回酬,第二季及首6个月营运下的同店销售额分别增长3%及2%,首6个月的营业额增长4%至13亿1900万令吉,主要是改善营运效率,取得营运盈利3200万令吉(前期则是营运亏损8500万令吉)。截至2017年12月31日,百盛中国在中国30个城镇设有48间分店。

●越南/缅甸:百盛越南首6个月的同店销售额出现负成长5%,主要是市场竞争激烈所致。缅甸业务营运贡献则是微不足道,因仅有1间分店。而越南则有7间分店。

●印尼业务:首6个月,印尼营运的同店销售额负成长8%,营业额走低至8600万令吉,主要是缺少前期的佳节购物活动,蒙受1300万令吉的营运亏损。该公司关闭雅加达的2间分店后,分店数目减少至15间。

其他业务则包括饮食、消费者融资业务、及投资控股领域。随着整体业务表现改善,营运亏损减少。

次季税前亏损300万

总的来说,该公司表示,最新第二季的营业额成长16%至10亿6500万令吉,主要是年杪及假期季节的消费者开销有增无减所致。较高营业额及持续改善营运效率,使公司营运由亏转盈,取得营运盈利2700万令吉。不过,在纳入减记亏损3600万令吉之后,使公司第二季出现税前亏损300万令吉。

谈到公司未来业务展望时,在下个季度(第三季),公司旗下的零售业务表现,将从消费者在农历新年佳节较高开销中受惠。

该公司对旗下中国零售业务继续具信心,相信在专注多元零售模式,以及配合分店网络尽大化及加强提供产品的转型策略下,公司可落入正轨之中。

东南亚营运续迎挑战

该公司表示,东南亚区域的营运环境料将持续具挑战,因消费者情绪低迷及市场竞争激烈,惟公司将继续监督其策略执行及分店的表现。

百盛最新企业消息方面,该公司和大连天河达成和解协议及赔偿协议,将可从中取得2500万令吉净收益。分析员认为,将可在2018财政年业绩反映出来。

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2018-03-28 20:04 | Report Abuse

Can buy like 1% of portfolio, and every 20% drop top up 1% loh.

Lion88

41 posts

Posted by Lion88 > 2018-03-29 16:48 | Report Abuse

Hello.
Can anyone explain the recent fall in PRA price?
>10% decline in price from 62 cents to the current 55 cents in 5 days.
Totally unbelievable when the retailers are trying hard to push up the price, someone at the other end is pushing it down hard.

KLCI King

3,220 posts

Posted by KLCI King > 2018-03-29 16:51 | Report Abuse

Hello, how do you know retailers are trying hard to push up? May be they are the one that selling down.

Only God knows, unless you are him

Posted by Lion88 > Mar 29, 2018 04:48 PM | Report Abuse
Hello.
Can anyone explain the recent fall in PRA price?
>10% decline in price from 62 cents to the current 55 cents in 5 days.
Totally unbelievable when the retailers are trying hard to push up the price, someone at the other end is pushing it down hard.

KLCI King

3,220 posts

Posted by KLCI King > 2018-03-29 16:53 | Report Abuse

This Parkson is a dying fish, the destination was set long time ago, only some still have faith over it, even though they might not believe why it was traded so cheap.

LimKT

482 posts

Posted by LimKT > 2018-03-29 17:28 | Report Abuse

gogogo

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-03-29 17:57 | Report Abuse

go ahead!

JuniorR

101 posts

Posted by JuniorR > 2018-03-30 11:19 | Report Abuse

From Parkson China division (PRGL) - 31/12/2017 Final Results

MANAGEMENT DISCUSSION AND ANALYSIS

The Chinese economy recorded a steady Gross Domestic Product (“GDP”) growth rate of 6.9% in 2017, exceeding the national target of 6.5% and the previous year’s growth rate of 6.7%. A key driving force behind the economic growth was consumption evident by the retail sales growth of 10.2% year-on-year. New retail driving growth “New retail” which is represented by a trend to merge e-commerce and physical retail stores seamlessly has flourished in China. The evolution of “new retail” has called for more personalized consumer experience and physical retail stores’ presence. Tech giants has been investing actively in physical retail companies, including department stores and supermarket chains to expand their offline presence. While the emergence of “new retail” has brought a lot of challenges to the entire retail industry in China, we see ample opportunities and positive signs ahead of us. Physical stores are increasingly benefiting from nationwide shopping festivals like the “Singles’ Day” which originated online. At Parkson, we have boosted our online marketing campaign and thus captured the opportunities brought by these online shopping festivals. For example, on the Singles’ Day in 2017, we have recorded a GSP of RMB188.5 million, presenting growth of 48.1%.

As a retailer with over two decades of retail experience in the country, we possess in-depth and first-hand understanding of consumer demand and expectations. We appreciate that Chinese consumers are increasingly discerning and they are not only brand conscious, but also quality focused. The new generation of Chinese is also looking for quality lifestyle, healthier food and entertainment to enjoy a balanced life. With such consumer insights, we have rolled out a series of new retail formats to cater to their dynamic demand for the past few years. Our financial figures have shown initial success. SSS grew by 3.2% in Q4 of 2017, compared with 1.4% during the same period last year. SSS in 2017 grew by 1.3%, turning around from a decline of 6.7% in 2016. The increase was mainly attributable to the strong performance of our department stores’ direct sales and the successful roll out of new retail formats like the Qingdao Lion Mall.

yucaihacai

355 posts

Posted by yucaihacai > 2018-03-30 14:27 | Report Abuse

OTHERS PARKSON HOLDINGS BERHAD A. PROPOSED DISPOSAL OF DTP SUBJECT EQUITY; AND B. PROPOSED COMPENSATION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

PARKSON HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description PARKSON HOLDINGS BERHAD

A. PROPOSED DISPOSAL OF DTP SUBJECT EQUITY; AND
B. PROPOSED COMPENSATION

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
We refer to the announcement made by the Company on 12 February 2018 in relation to the Proposals ("Announcement"). Unless otherwise stated, the defined terms used in this announcement shall carry the same meanings as defined in the Announcement.

The Board of Directors of the Company wishes to announce that Dashang had on 29 March 2018 informed Serbadagang that the Proposed Disposal of DTP Subject Equity had been completed on 26 March 2018 ("Completion").

Following the Completion, Dalian Tianhe Parkson ceased to be a subsidiary of the Company.

In consideration of Serbadagang transferring the DTP Subject Equity to Dashang at the Disposal Consideration, Hefei Parkson shall pay Rmb100 million (equivalent to approximately RM62.00 million) to Serbadagang on or before 30 April 2018 and Serbadagang shall further negotiate with Hefei Parkson on a possible additional compensation which is subject to Serbadagang and Hefei Parkson entering into a legally binding agreement on or before 30 June 2018.

yucaihacai

355 posts

Posted by yucaihacai > 2018-03-30 14:28 | Report Abuse

PHB gain RM 25 million

Posted by FlowerhornKing66 > 2018-03-31 22:34 |

Post removed.Why?

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