Posted by contrarian > 2018-05-05 10:24 | Report Abuse

Possible turnaround ctr if PH win GE. Proven no hope under BN last 5 years.

Posted by Parkson8888 > 2018-05-06 10:47 | Report Abuse

I read Jeffreyteck posts but actually he only bought Pantech-W. Cakap tak serupa bikin punya orang. This people can we trust him? Can Pantech-W give dividend?

Posted by Jeffreyteck > May 2, 2018 01:18 PM | Report Abuse
Since mother share is not performing, changed to its baby warrant as the premium is not much compared to others stock warrants but risk remains and liquidity is a problem as spread is too wide. Good luck.

Jeffreyteck 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.
05/05/2018 10:16
https://klse.i3investor.com/servlets/cube/post/jeffreyteck.jsp

Posted by ivan95111 > 2018-05-07 23:06 | Report Abuse

Bought at 40 sen. PRGL up 4 sen to HKD 97 sen.
https://www.etnet.com.hk/www/eng/stocks/realtime/quote.php?code=3368

Posted by JuniorR > 2018-05-15 15:33 | Report Abuse

Why Parkson past 3 years rarely come out in the news? During their share-buyback, cimb initially would give the figures in their research report then suddenly no more. The Star also stopped mentioning about Parkson in stock section. And when there is good news, it is always somehow reported as negative. Only a few news/research were unbiased.

Will news be more true and honest now? This may return confidence to Parkson stock.

Bought 42 sen.

Posted by JuniorR > 2018-05-16 11:36 | Report Abuse

Parkson Undervalued by Morningstar 15/05/2018

http://quotes.morningstar.com/stock/analysis-report?t=XKLS:5657&region=mys&culture=en-US&productcode=MLE&cur

Price/Book 0.2, Sector Median 1.9
Price/Sales 0.1, Sector Median 1.1

Posted by curious2 > 2018-05-16 20:49 | Report Abuse

MoF: GST will be 0% from June onwards
http://www.theedgemarkets.com/article/mof-gst-will-be-0-june-onwards

Posted by Striker90 > 2018-05-17 09:14 | Report Abuse

EnGine start, PARKSON gonna turn green on coming q result

Posted by Kang Yao > 2018-05-17 09:59 | Report Abuse

How can parkson turnaround as more brands heading towards setting up own store with dedicated sales personnel, china side start to integrate experiential space for shoppers.

At the same time, parkson will be whacked by online shopping, shopee just release their quarter earning, you can see how much their sales grow. now its common people compare price with online on the spot, for brand store, they snchronized online price with store price. but how parkson can do that?

Posted by kelvin61 > 2018-05-17 10:36 | Report Abuse

There will be no more joetay and ks55 going forward in this space. They will be history like the b-end government. Parkson on the way up and not looking back anymore with gst gone. Cheers.

Posted by JuniorR > 2018-05-17 11:04 | Report Abuse

Kan Yao.. Parkson's turnaround story is updated in their reports. If you grow banana you most likely cannot open up shops everywhere and sell banana alone. You need dake/gege to help. Online shopping is currently buying into brick&mortar and makes up only a small faction of retail. By the way, Parkson has gone online by themselves and via J-V with Secoo.

Fund managers, do realise this stock is one of the cheapest with few shares afloat with fantastic asset valuation and sales story. Stop making little money. Buy, change your narrative and become the top fund for 2018. Cheers.

Posted by stock1288 > 2018-05-17 11:08 | Report Abuse

with the removal of GST which is the greatest stumbling block to Parkson, the share price should continue to rise. Immediate target 50sen, followed by 60 & 80.

Posted by BlackWhite > 2018-05-21 09:47 | Report Abuse

This time I can see people in the supermarket n store , retail will pick when gst all gone

Posted by Hock88 > 2018-05-21 17:29 | Report Abuse

百盛集团(03368)发布2018年首季业绩，季度同店销售上升1.7%；销售所得款项总额同比减少1.9%至43.24亿元人民币(单位下同)。经营收益总额同比上升2.9%至12.1亿元；商品销售毛利率同比上升0.2%至15.7%。


此外，季度经营利润同比增长181.7%至8790万元，季度母公司所有人应占利润同比上升37.6倍至4414.9万元。

Posted by Hock88 > 2018-05-21 17:33 | Report Abuse

百盛集团(03368)首季公司所有人应占利润上升37.6倍至4414.9万元

Posted by Striker90 > 2018-05-21 21:16 | Report Abuse

Opps 被发现了，收票要快

Posted by JuniorR > 2018-05-21 22:32 | Report Abuse

Sleeping giant is waking up. Parkson is set to be one of the biggest gainers for 2018.

Parkson Retail Group Ltd First Quarter (Q1) 2018 Results
(Parkson China making up ~70% Parkson Bhd's biz)

Total operating Revenue Increase: UP 2.9% to RMB 1,291.1mil / RM 804.19mil
Merchandise Gross Margin Increase: UP to 15.7%
Operating PROFIT INCREASE: UP 181.7% to RMB 87.9mil / RM 54.75mil

As at 31 March 2018, the Group operated and managed a diversified collection of retail formats – including 44 department stores, 1 shopping mall, 2 Parkson Newcore Citymalls, supermarkets, fashion and food & beverage outlets in over 30 major cities across China.

You have to love PROFIT and latest CASH total of RMB 5.1 BILLION or ~RM 3.2 BILLION!

Share price up 10sen, 20sen, 40 sen, more?

Posted by kelvin61 > 2018-05-22 08:16 | Report Abuse

Parkson will be back on the radar screen of fund managers soon. Kudos to WC for turning around Parkson with his sheer determination,cheers.

Posted by LV888 > 2018-05-22 20:32 | Report Abuse

Buy more tomorrow, current price is still below my average cost, still early for profit taking.

Posted by sniper8 > 2018-05-23 03:31 | Report Abuse

https://www.thestar.com.my/business/business-news/2018/05/22/publicinvest-positive-over-parkson-china-transformation/

Posted by gordon82 > 2018-05-23 09:31 | Report Abuse

In long run departmental store need revolution / new idea to attract purchaser, because nowadays more and more people shopping through internet website.

Posted by Teapot > 2018-05-23 09:31 | Report Abuse

what is the expected price?

Posted by Leesk > 2018-05-23 11:04 | Report Abuse

as long as Parkson share price is climbing it is ok

Posted by JuniorR > 2018-05-23 11:10 | Report Abuse

Parkson is/has gone ONLINE i.e. via Secoo in China (makes up 70% of our sales).

Jan 2018 Parkson goes online news;
( http://ir.secoo.com/phoenix.zhtml?c=254624&p=irol-newsArticle&ID=2327840 )
This could mean Parkson should now be valued as an online biz with high valuations & multiples. Possible?

Please share your ideas what more can Parkson do besides everything that we have done and are doing successfully so far? RM54.75mil operating profit this quarter!

Target price same RM2 & above.

Posted by gordon82 > 2018-05-23 12:00 | Report Abuse

depends on the profit made after all...the current RM0.50++ is a fair value according to its market cap.

Posted by ivan9511 > 2018-05-23 12:49 | Report Abuse

Yes my old friend parkson also up
Yes limit uppppppp
Limtit upppppppp
Limit upppppppppp
Easy money

Posted by ivan9511 > 2018-05-23 13:35 | Report Abuse

limit uppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppp

Posted by Striker90 > 2018-05-23 20:42 | Report Abuse

http://www.parksongroup.com.cn/html_cn/about_parkson/Profile.php

Posted by Striker90 > 2018-05-23 20:43 | Report Abuse

Pls do some homework before buying, at least knowing what happend behind, kudos to the China transformation strategy

Posted by Striker90 > 2018-05-23 20:43 | Report Abuse

Next catalyst coming from GST abolish

Posted by Striker90 > 2018-05-23 20:44 | Report Abuse

Even ALIBABA/ AMAZON recently acquire large scale retails store, they foresee the important of real store and how to make use of it for synergistic effect by combine online selling

Posted by Striker90 > 2018-05-23 20:45 | Report Abuse

Coming QR estimate 3M profit, the dragon waking up

Posted by Jon Choivo > 2018-05-23 20:50 | Report Abuse

My cost is 405 haha, will be an interesting week.

Posted by curious2 > 2018-05-23 21:06 | Report Abuse

PRGL up 6 sen to HKD 1.06. PRA up 1 sen or 20%.
https://www.etnet.com.hk/www/eng/stocks/realtime/quote.php?code=3368
https://www.bloomberg.com/quote/PRA:SP

Posted by curious2 > 2018-05-23 21:08 | Report Abuse

Cosmetics, food and related products, general merchandise(?) Parkson future?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5798429

Posted by Teapot > 2018-05-24 09:29 | Report Abuse

gone?

Posted by pakatan_harapan2 > 2018-05-24 11:50 | Report Abuse

PRGL still up 1 sen. PH no GST start 1st June'18 will help PRA.
https://www.etnet.com.hk/www/eng/stocks/realtime/quote.php?code=3368

Posted by Striker90 > 2018-05-24 16:00 | Report Abuse

Well supported~

Posted by Striker90 > 2018-05-24 20:10 | Report Abuse

https://www.google.com/search?q=parkson hong kong share price

Posted by Striker90 > 2018-05-24 20:10 | Report Abuse

The HK Parkson share price continue up 6% today!

Posted by Hock88 > 2018-05-25 09:52 | Report Abuse

百盛股价究竟应不应该涨？


不过，在笔者看来，百盛利润暴增虽引发股价大涨，但其中也有几点疑问。其一是公司2017年一季度利润基数较低，仅为114.3万元，即使利润暴增30余倍其净利润也不过4000多万。


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与公司过往业绩较好的年度对比，百盛一季度实现4000多万元净利润究竟是不是好的业绩表现？


其二，公司近年来业绩表现不稳定，公司在2017年亏损1.36亿元，即使业绩短期是否意味着公司业绩已经重上正轨？


其三，市场仅仅给出百盛不到0.5倍PB的估值，表明这只票曾是市场的“弃儿”，此番股价大涨，是否意味着价值回归？

Posted by Hock88 > 2018-05-25 09:53 | Report Abuse

业绩回暖实属不易


数据显示，2008年，中国网上零售额还只有有1200亿元出头，但到了2016年体量已经增长至5.16万亿元，8年间增长幅度高达42倍。商务部数据显示，2017年中国网上零售额已经达到7.18万亿元，规模继续呈大幅增长态势。


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随着电商的快速崛起，不少传统商超的日子过得步履维艰。比如家乐福在中国8年关闭40家店，比如新一佳倒闭，比如人人乐（002336.SZ）股票一度“披星戴帽”。再比如百盛目前的股价仅有巅峰时期的十七分之一。这些都在印证线下商超的生存困境。


在此情况下，百盛的业绩能够实现大幅回暖已属于不易，更何况百盛目前的估值仅为0.47倍PB，即使上涨13%，其估值水平也没有根本改变。

Posted by Hock88 > 2018-05-25 09:53 | Report Abuse

转型已见成效


从百盛自身角度来讲，公司作为一家在中国耕耘了24载的企业，自然不希望就此沉沦。相反，公司在近年来进行了大刀阔斧的转型，力求业绩重上正轨。


根据的了解，2012年百盛关闭上海虹桥店、贵阳金凤凰店，其后先后退出常州、济南、石家庄、天津等市场；


2014年底，百盛开始引进大量代理品牌，开发时髦自营品牌，加大餐饮、超市等的投入，向时尚生活概念的零售集团靠拢，开启转型的第一步；

2016年1月，推出中国第一家韩国城市时尚生活广场——百盛优客城市广场，近一个月的试营业中，该商场平均日营业额达到600万，成为百盛转型成功标志性事件；

2016年6月，百盛旗下的青岛金狮广场开业，标志着公司开始进军中国购物中心产业细分市场；

2017年5月，第二家百盛优客城市广场在南昌开业；

2018年1月23日，百盛与亚洲最大的精品生活方式平台寺库在签订战略合作协议，开启对新零售的探索、重构与升级。


目前来看，百盛青岛金狮广场开业当属百盛转型路上的点睛之笔。2016年青岛金狮广场开业后，百盛同店销售增速出现明显改善，2016年四季度成功结束了长达9个季度的负增长。

Posted by Hock88 > 2018-05-25 09:54 | Report Abuse

2017年百盛同店销售增长1.3 %，由二零一六年下跌6.7 %明显改善。其中，第四季度同店销售增长3.2 %，较2016年同期的增长1.4%
上升1.8个百分点。百盛在2017年年报中表示，同店销售额增长得益于百货门店直接销售表现强劲，以及青岛金狮广场等新零售业态的发展。
2018年一季度，百盛同店销售额进一步上升1.7%，延续正增长趋势。


新零售浪潮下，百盛将迎来价值重估？


从行业来看，百盛业绩回暖还有一个很重要的因素，就是线上电商红利逐步消失，线下越来越被重视。


以阿里巴巴为例，自从其提出新零售概念之后不断入股线下商超，如三江购物、百联集团、联华超市（00980）、高鑫零售（06808）等等。


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因此，当线下越来越被重视之时，以百盛为代表的低估值企业的价值也将被重塑。


从百盛2018年一季报中可以看到，公司63.9亿元固定资产，若扣除无形资产17.6亿元，还有46.3亿元固定资产，其中37.6亿元为自持物业。而百盛市值为29.77亿元，仅为自持物业的80%。如果仅从这一层面来看，百盛的股价是低估的。

Posted by Hock88 > 2018-05-25 09:55 | Report Abuse

如果考虑负债的情况，计算得出公司的净资产为51.13亿元，扣除无形资产17.6亿元，公司的合理估值也应当为33.5亿元。


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短期来看，百盛期末现金及现金等价物和存于持牌银行的存款为51.32亿元，而公司流动负债总额为49亿，表明公司有较为充裕的现金流，财务风险较小。


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在业绩回暖、线下资源被重新重视的前提下，百盛的股价至少应该回归其内在价值，至于是否给予溢价，还是见仁见智。

Posted by Hock88 > 2018-05-25 09:58 | Report Abuse

价值回归

Posted by Hock88 > 2018-05-25 10:02 | Report Abuse

星期一马来西亚百盛应该会出业绩，60sen 股价应该可以期待，利润1000万 到2000万之间

Posted by beierleee > 2018-05-25 10:07 | Report Abuse

when's qr coming out ?

Posted by Hock88 > 2018-05-25 10:20 | Report Abuse

应该今天晚上就可以看到了

Posted by Alex™ > 2018-05-25 10:21 |

Post removed.Why?

Posted by gordon82 > 2018-05-25 11:02 | Report Abuse

http://www.parksongroup.com.cn/upload/201805/152688778630960900.pdf

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