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

Lam LH

295 posts

Posted by Lam LH > 2018-04-02 15:28 | Report Abuse

40 cents only 72 lots buying

Posted by Lman Lin > 2018-04-03 10:28 | Report Abuse

it will go to 39 cents.

ParksonOk

38 posts

Posted by ParksonOk > 2018-04-04 10:56 | Report Abuse

75 sen(PublicInvest TP) - RM 1 vote BN. Lower Parkson vote Pakatan. Which 1 BN choose?

JuniorR

101 posts

Posted by JuniorR > 2018-04-05 22:04 | Report Abuse

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

MANAGEMENT DISCUSSION AND ANALYSIS (Part 2)

Diversified retail formats on the right track
In 2017, we have seen many encouraging returns for our new retail initiatives. For instance, we launched the Qingdao Lion Mall in 2016 which offers over 200 brands with Parkson department store and Parkson supermarket as anchor tenants. Qingdao Lion Mall’s has achieved an occupancy rate of more than 95% since its opening and the high occupancy is backed by its carefully selected tenant mix and merchandise offering that fits local consumers. Constantly launching creative marketing campaigns, both online and offline, also helped to drive its successful launch. The mall has turned profitable during its first full year of operation in 2017 and we shall continue our efforts to optimize its tenant mix, marketing initiatives and operational efficiency.

Riding on the success of the Qingdao Lion Mall, we have expanded in to the “managed stores” business. In 2017, we were invited by a developer to manage a property in Nanning. Under the “managed stores” business model, the Group will manage commercial properties on behalf of property owners in return of management fees. The “managed stores” business is in line with our asset light model, and generates stable income stream for the group.

Our Parkson Newcore Citymall brand, a joint venture with Korea’s E  Land Group, added another store under the brand in 2017. The first Parkson Newcore Citymall which was opened in Shanghai is well known for its popular Korean themed merchandise and lifestyle elements and has achieved outstanding financial and operational performance right since its opening. Following its success, we opened the second Parkson Newcore Citymall in Nanchang in May 2017.

We have been developing our food and beverage (“F&B”) business since 2015 to offer a wide variety of F&B brands to the local consumers, as Chinese consumers become healthier and more lifestyle conscious. Our F&B outlets aim to offer a cozy, affordable and trendy dining experience to consumers in between shopping, to enhance our customer experience and to create synergies for our retail and F&B business. One of our key F&B brands is the renowned handmade Taiwan bakery brand “Hogan Bakery” that was introduced to China in 2016. Started from the iconic “Xin Tian Di” flagship bakery, Hogan Bakery is well received by local consumers and has become a quality brand among millennials and young families. In 2017, we had four “Hogan bakery” in prime locations in Shanghai and a centralized kitchen had been put in place to accelerate the chain’s future expansion.

JuniorR

101 posts

Posted by JuniorR > 2018-04-05 22:06 | Report Abuse

Just to reassure sceptical investors.. I've been recommending Parkson for a long time and have been accumulating for long time. TP still RM2.

Posted by Bursalearner > 2018-04-05 23:01 | Report Abuse

Just visit Parksons outlets on weekends and see how quiet it is, better to cut loss now before the real bear market hits, already got a fortaste of what it is like..

ParksonOk

38 posts

Posted by ParksonOk > 2018-04-06 09:39 | Report Abuse

bought at 38.5-39 sen. Why no 1 can highlight Parkson to book RM 25 million profit?

ParksonOk

38 posts

Posted by ParksonOk > 2018-04-06 09:40 | Report Abuse

Add more 38 sen.

Posted by TheLegend27 > 2018-04-06 17:47 | Report Abuse

nowadays is e-commerce era. parkson online selling close shop coz unable to compete and generating loss in online selling. i'm a buyer of parkson website last time and that is my first and last time.

Posted by TheLegend27 > 2018-04-06 17:48 | Report Abuse

on the contrary, i bought a lot fro lazada for the past 5 years. non-stop buying and still do it now. haha

limch

3,184 posts

Posted by limch > 2018-04-09 12:34 | Report Abuse

Why no 1 know PRGL up 2 sen?
https://www.etnet.com.hk/www/eng/stocks/realtime/quote.php?code=3368

Lion88

41 posts

Posted by Lion88 > 2018-04-09 16:27 | Report Abuse

Hi Ks55.
What is going wrong with this counter?

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-04-09 17:36 | Report Abuse

on the contrary, i bought a lot fro lazada for the past 5 years.

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-04-09 17:37 | Report Abuse

What is going wrong with this counter?

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-04-09 17:37 | Report Abuse

What is going wrong with this counter?

Posted by steven223838 > 2018-04-09 18:58 | Report Abuse

nothing wrong with this counter .you are wrong . read the next few quarterly reports with your eyes open.

Posted by steven223838 > 2018-04-09 19:16 | Report Abuse

Online-to-Offline Commerce Trends

More than 80% of retail sales will still happen at physical locations in 2020. And despite the best efforts of Amazon.com, just over 8% of retail sales happen online. Now consider Amazon's $13.7 billion purchase of Whole Foods in 2017 and you can see where the leader in online commerce is placing its bets. Aside from Amazon, every top-10 retailer is a brick-and-mortar operation. That's not to say that traditional retailers aren't hedging their bets. Walmart has spent mightily to bridge the gap between online users and retail locations, including its 2016 purchase of e-commerce company Jet.com. Consider that about 80% of consumers research items online before making a purchase, and one can see that the future lies in a convergence between online and offline sales.

Read more: Online-to-Offline Commerce https://www.investopedia.com/terms/o/onlinetooffline-commerce.asp#ixzz5CAmipA5D

lion188

110 posts

Posted by lion188 > 2018-04-10 03:31 | Report Abuse

Only 1 ctr owned cannot take care ask people somemore. You deserved to be poor.

Lion88 Hi Ks55.
What is going wrong with this counter?
09/04/2018 16:27

ajibkor

168 posts

Posted by ajibkor > 2018-04-10 16:12 | Report Abuse

80-RM 1 by May 9th we give BN win ok?

Posted by William_Cheng > 2018-04-11 09:17 | Report Abuse

RM 1 Parkson by May 9th I vote BN.

Alex™

12,594 posts

Posted by Alex™ > 2018-04-11 12:16 | Report Abuse

parkson 40sen by 9 may i vote PR

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-04-11 17:04 | Report Abuse

Dwon!Down!

Posted by jordanmaggie61 > 2018-04-12 10:14 | Report Abuse

What is going wrong with this counter?

Top_30

25 posts

Posted by Top_30 > 2018-04-12 21:45 | Report Abuse

"just be with me.. i believe i am one of the retailers with highest holdings in INIX."

kelvin61

826 posts

Posted by kelvin61 > 2018-04-13 08:47 | Report Abuse

Great buy at this price. I hope to buy more if it gets cheaper. No more opportunities to buy so cheap in future once the turnaround comes. I think WC has been doing his best and things are looking up. For the doomsayers like ks55 and Joetay, you're wasting your time here. My advise, please move on to the stock that you owned. Share your thoughts with the followers of your stock. Not here, cheers.

Posted by William_Cheng > 2018-04-13 11:32 | Report Abuse

If RM 1(by GE) cannot get I will retrench some workers and let them blame the govn.

dex

493 posts

Posted by dex > 2018-04-18 06:39 | Report Abuse

Bila mau naik???

tnang

688 posts

Posted by tnang > 2018-04-18 11:32 | Report Abuse

slow and steady??????uptrend now

dex

493 posts

Posted by dex > 2018-04-18 12:11 | Report Abuse

Slow macam siput

abcde12345

493 posts

Posted by abcde12345 > 2018-04-18 12:14 | Report Abuse

perfect

tnang

688 posts

Posted by tnang > 2018-04-20 09:35 | Report Abuse

slow slow, then jump

abcde12345

493 posts

Posted by abcde12345 > 2018-04-20 11:57 | Report Abuse

gogogo

Posted by William_Cheng > 2018-04-23 15:20 | Report Abuse

PRGL up why Parkson down? WC(family, staffs) to support Pakatan?
https://www.etnet.com.hk/www/eng/stocks/realtime/quote.php?code=03368

Posted by pakatan_harapan2 > 2018-04-25 10:49 | Report Abuse

More holidays good for retailers like Parkson.

Posted by pakatan_harapan2 > 2018-04-25 10:49 | Report Abuse

Dr M announces May 10, 11 as public holidays if Harapan wins
https://www.malaysiakini.com/news/421388

Lion88

41 posts

Posted by Lion88 > 2018-04-25 17:07 | Report Abuse

PRA fell around 15% towards the end of trading.
Any big news coming?

joetay

3,737 posts

Posted by joetay > 2018-04-26 08:49 |

Post removed.Why?

curious2

1,812 posts

Posted by curious2 > 2018-04-26 21:55 | Report Abuse

Retail sector to improve post-GE14
https://www.theedgemarkets.com/article/retail-sector-improve-postge14

joetay

3,737 posts

Posted by joetay > 2018-04-28 22:00 |

Post removed.Why?

joetay

3,737 posts

Posted by joetay > 2018-04-28 23:36 |

Post removed.Why?

lion188

110 posts

Posted by lion188 > 2018-04-30 17:33 | Report Abuse

Another lousy shareholder. Why not you ask why everyday got people die?

Lion88 PRA fell around 15% towards the end of trading.
Any big news coming?
25/04/2018 17:07

joetay

3,737 posts

Posted by joetay > 2018-04-30 17:36 |

Post removed.Why?

Posted by Parkson8888 > 2018-04-30 17:42 | Report Abuse

Why nobody read my earlier posts? Each time joetay or ks55 appear here click report abuse all their posts until remove.

joetay

3,737 posts

Posted by joetay > 2018-04-30 18:06 |

Post removed.Why?

Posted by parksonnewbie > 2018-04-30 20:30 | Report Abuse

joetay why is JCY hitting new low? When can JCY enter PN17? Pls answer as I am newbie.

joetay

3,737 posts

Posted by joetay > 2018-04-30 20:49 |

Post removed.Why?

joetay

3,737 posts

Posted by joetay > 2018-05-01 09:57 |

Post removed.Why?

joetay

3,737 posts

Posted by joetay > 2018-05-03 08:50 |

Post removed.Why?

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2018-05-05 10:16 | Report Abuse

Believe it will be similar to other lion stocks. Short term speculative play is possible as price is low but that doesn't mean it is cheap. With the current price, there are other stocks which are able to give reasonable dividends. Bankers may have started to cry amid its performance. Good luck everyone.

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