Posted by Daily8 > 2018-06-03 16:45 | Report Abuse

when I ws in China, most of the shopping are as cold as winter. Price of goods are expensive and much more expensive than Msia Parkson. when they claimed they're making profit in China, its doubtful.

Posted by ronaldolow5479 > 2018-06-03 17:12 | Report Abuse

Parkson build their own mall in China right?

Posted by ksjl > 2018-06-03 19:38 | Report Abuse

A little breakdown on Parkson's revenue per country per day (from its QR 31 March)
For M'sia operation of 45 stores, they made a revenue of RM773.16 mil in the financial year-to-date (i.e. 1 July 2017 till 31 March 2018 - 274 days).
Revenue:
Per store = RM17.18 mil (per day = RM62,706)
Per day = RM2.82 mil

China, 45 stores, Revenue RM2,046.16 mil
Per store = RM45.47 mil (per day = RM165,950)
Per day = RM7.47 mil

Indonesia, 16 stores, Revenue RM117.29 mil
Per store = RM7.33 mil (per day = RM26,754)
Per day = RM428,062

Vietnam (7 stores) & Myanmar (1 store), Revenue RM65.25 mil
Per store = RM9.32 mil (per day = RM34,021)
Per day = RM238,150

Posted by joetay > 2018-06-03 21:55 |

Post removed.Why?

Posted by Hock88 > 2018-06-04 08:20 | Report Abuse

百盛万州店将于6月闭店

5月22日，百盛万州店发出公告表示， 该门店将在2018年6月20日当日营业时间结束后正式闭店，2018年6月21日起终止经营。顾客购买的商品遇“三包”问题，可以由重庆区域南坪店的工作人员解决。同时，公告提醒顾客手里剩余的百盛购物卡为重庆区域店通用卡，请在此期间尽快抽时间到店使用。

对于闭店原因，百盛重庆区域相关负责人表示主要是因为租金到期，其次是商场物业构成情况较为复杂，最终不得已才选择终止经营，“对于百盛而言，万州市场固然非常重要，而根据现有的方针，我们也将开始把重点逐渐转移至重庆南坪店的转型上。”

百盛南坪店将转型为“百盛 YOUNG MALL”

据百盛重庆区域相关负责人告诉记者，百盛南坪店继百盛万州店关闭后，将作为百盛在重庆的唯一一家门店，并会于今年下半年进行全面改造升级，正式转型为“百盛 YOUNG MALL”。

百盛重庆区域相关负责人介绍，百盛 YOUNG MALL，是为了满足年轻一代的生活方式而诞生的，目标客群为18-35岁以女性为主的年轻人及年轻家庭。其目标不再仅仅是销售商品，而是推崇新奇、有趣的生活方式，提供让年轻顾客不断探索和表达自我的卓越消费体验。同时，百盛将对南坪店原项目所有楼面的天、地、墙进行改造重装，为目标顾客提供一个高颜值的休闲购物场所。

“YOUNG MALL还会根据年轻客群喜好，大幅增强互动体验及引进相关品牌，给顾客提供一个集零售、餐饮、体验、生活服务、社交于一体的休闲购物场所。通过各种消费业态组合满足他们的喜好，并通过这种购物场合与志趣相投的个人和群体进行互动。” 百盛重庆区域相关负责人表示，YOUNG MALL将传承百盛集团精细化营运管理的基因，并成为2018年百盛“新零售”转型的标杆项目之一。

专家：为目标客户群创造价值是关键

百盛的关店、转型并不是个案。近年来，面对越来越多新的购物中心入驻，和新零售带来的冲击，传统百货业也纷纷做出转型。重庆相关媒体报道，过去几年，万达集团也对其在重庆南坪和万州两地的万达百货下达了撤场指令，进行业态转变的调整。

对此现象，前重庆市零售商协会秘书长李云杨表示，百货业的调整，是适者生存的自然法则，是正常的市场行为，在相当长的时间内，百货业仍然会存在，而且处于变动之中。但不管是百货卖场还是购物中心、城市广场、奥特莱斯，这些零售业业态，只要是适应市场需求的，都是合理的。

“但是无论怎样调整，为目标客户群创造价值才是关键。因为任何企业都不可能为所有消费者服务，要根据自身情况，确定目标客户群和服务对象，满足其需求，为其创造价值，才能良好地经营下去。

Posted by lanjiolang > 2018-06-04 10:37 | Report Abuse

sell all today. thank you parkson for free underwear.

Posted by lanjiolang > 2018-06-04 10:55 | Report Abuse

why i sell? because lim guan eng will throw another bomb to bursa this week. be caution!!!!

Posted by lanjiolang > 2018-06-04 12:14 | Report Abuse

I have 1 question to ask the expert of Parkson, because i also don't know the answer.

"Will Chinaman boycott Parkson in China if Malaysia cancel ECRL?"

Hope some expert can explain it.

Posted by hollandking > 2018-06-04 12:20 | Report Abuse

congrats on getting free.....

Posted by JuniorR > 2018-06-04 12:59 | Report Abuse

Parkson China will continue their efforts to improve foot traffic and sales. Boycott is highly improbable. Too many outlets, too many customers, Parkson China is a public company with local Chinaman investors, government used to buy a lot of goods for gifting which decrease due to austerity drive but situation have start to improve for Parkson China once again besides now they manage other company's malls, have their own JV malls, have fully owned malls.

Price targets will continue to increase. No point scaring investors with funny statements. Any price currently is still very cheap. Might as well encourage buying. No doubt can make money with scaring investors and then telling nice story in loops but why waste time if price already cheap and can make $ together in the uptrend properly.

Posted by lanjiolang > 2018-06-04 13:05 | Report Abuse

who want to scaring people? try to check what happend to lotte china last year.

Posted by JuniorR > 2018-06-04 13:17 | Report Abuse

many ppl in this forum, 2ppl in particular. wasnt really referring to lanjiolang in the 2nd para. LGE is actually positive to stocks for me. With all the crony companies finally crashing due to their crony status, money should flow to proper companies like Parkson etc.

Posted by lanjiolang > 2018-06-04 13:19 | Report Abuse

http://news.seehua.com/?p=367755

https://www.straitstimes.com/asia/east-asia/south-koreas-lotte-to-sell-china-shops-in-face-of-boycott

Posted by joetay > 2018-06-04 13:42 |

Post removed.Why?

Posted by JuniorR > 2018-06-04 13:43 | Report Abuse

I would't be so worried. LGE is still analysing the situation and so is PM and others. We are biz-friendly according to new gov. If compensation is due, they will probably do so. WE have lots of trade biz with China. I dont think gov will jeopardise the economy after saying they are here to restore it. Military situations like in Lotte's case is on a whole diff level. Besides, Here we've already paid RM20bil to China minimum i think for ground works etc. They already quite happy kut.

Posted by lanjiolang > 2018-06-04 13:50 | Report Abuse

where you get this figure 20bil? we never pay any cents for china in this project. please write with facts.

Posted by JuniorR > 2018-06-04 14:13 | Report Abuse

LANJIOlang.. i always post facts/published news.

https://www.thestar.com.my/business/business-news/2018/06/02/malaysia-has-reasons-to-walk-away-from-ecrl/

That is why i said dont worry. Parkson will be fine and sentiment should continue improving.

Posted by shpg22 > 2018-06-04 14:22 | Report Abuse

Better take profit n run before the trap gate close

Posted by ivan9511 > 2018-06-04 14:24 | Report Abuse

haha easy money
lucky buy pakson
if buy media still 40sen
parkson 62sen
parkson you are the best
easy ,oney

Posted by lanjiolang > 2018-06-04 14:28 | Report Abuse

This 20b is come from bank of china not from malaysia. We loan from bank of china and give to china contractor. Then, this is more worst in this case. We already owe them 20b although the project only completed 14% in 1st phase. What happend if we cancel ECRL, do we have ability to pay back this money to china beside compension for breaking the contract.

Posted by steven223838 > 2018-06-04 14:50 | Report Abuse

lanjiolang ,do not ask stupid question.lotte group was punished by China because lotte's South Korean golf course being used as the site for controversial U.S. anti-missile system.

https://www.golfdigest.com/story/south-korean-golf-course-being-used-as-the-site-for-controversial-us-anti-missile-system

Posted by lanjiolang > 2018-06-04 14:52 | Report Abuse

what i want to explain now is what will china going to do if we break the contract and unable to pay back them the debt?

case 1: chinaman will boycott malaysia product/company or not encourage people to visit malaysia until malaysia pay all the debt.

case 2: chinaman will hold all asset owned by malaysian in china until malaysia pay all the debt.

Posted by joetay > 2018-06-04 14:53 |

Post removed.Why?

Posted by lanjiolang > 2018-06-04 14:59 | Report Abuse

China government related press already mentioned clearly that malaysia need to pay the compensation for them if we break the contract. Otherwise, we will need to pay the price.

若大马新政府没有遵守合约精神，就必须为这个错误付出昂贵的代价.

http://news.seehua.com/?p=367755

Posted by steven223838 > 2018-06-04 15:00 | Report Abuse

lanjiolang ,I know you have sold all your shares. you will spread lies to push down the share so that you can buy again.

Posted by ivan9511 > 2018-06-04 15:03 | Report Abuse

that y I said Parkson good
01-Jun-2018 Price Target Parkson Holdings - 3Q18 Results Indicating A Solid Turnaround
Source : KENANGA, Price Call : BUY, Price Target : 0.86
Last Price : 0.60, Upside/Downside : +0.26(43.33%)
31-May-2018 Quarter Result Quarter Result on 31-Mar-2018[#3] QoQ - 282.41% YoY - 176.11%.
Showing 1 to 4 of 4 entriesPrevious1Next

better than media and mrcb
mrcb lousy stock

Posted by lanjiolang > 2018-06-04 15:07 | Report Abuse

am i lying? please check what i write before you say i am lying. Last few day, i still feel positive with parkson, but on friday night, i read this news

http://news.seehua.com/?p=367755

若大马新政府没有遵守合约精神，就必须为这个错误付出昂贵的代价.

Posted by lanjiolang > 2018-06-04 15:17 | Report Abuse

This is what Najib told the press before BN loss in election.

"CCCC is fully owned by the Chinese government. If the ECRL project is cancelled, what happens if they tell their tourists to boycott our country? No one will go to Tasik Kenyir," he said referring to a popular tourist spot here.

"Recently, there was a dispute between China and South Korea. China then told their tourists to boycott Korea. As a result, Jeju Island became deserted.

https://www.thestar.com.my/news/nation/2018/05/04/najib-cancelling-ecrl-project-can-harm-malaysia-china-ties/

Posted by lanjiolang > 2018-06-04 15:22 | Report Abuse

don't play play with chinaman, they are very good in boycott game.

boycott your company first, later boycott your product, later boycott your country.

Posted by joetay > 2018-06-04 15:26 |

Post removed.Why?

Posted by jackfruit > 2018-06-04 16:45 | Report Abuse

Parkson finally got some life in it self. Good work. Keep it up. Looking forward to the glorious day.

Posted by kelvin61 > 2018-06-04 17:07 | Report Abuse

Surprise to see joetay and ks55 still around here. I thought they would have disappeared together with the B-End government. Still trying to talk down parkson here. So sad that they buy useless shares like iwcity and lost their pants but continue to come here and be a nuisance. Best to write about your own iwcity which is dying a slow death.

Posted by joetay > 2018-06-04 17:20 |

Post removed.Why?

Posted by Faith78 > 2018-06-04 17:32 | Report Abuse

Parkson will come back to glorious day....price will continue to go up..

Posted by lanjiolang > 2018-06-04 20:37 | Report Abuse

Tomorrow will be a very crucial day – Siti Hasmah

Dr. Siti Hasmah want to scaring people meh? I don't think so, she just want to give warning to you all. Be cautious.

https://www.malaysiakini.com/news/428210

Posted by GTdyno > 2018-06-04 20:44 | Report Abuse

rosmah will come to sprm office tomorrow

Posted by lanjiolang > 2018-06-04 20:53 | Report Abuse

we will only know what happens tomorrow, just be cautious.

But i don't think is related to Rosmah or Appointing Tommy Thomas as AG, something that we never expect will happen tomorrow.

Posted by joetay > 2018-06-04 21:12 |

Post removed.Why?

Posted by parksonnewbie > 2018-06-04 21:45 | Report Abuse

Why I see the truth is JCY is lousy ctr not Parkson?

Posted by Babyking > 2018-06-05 08:18 | Report Abuse

I think isaac is right. China will contribute more to Parkson’s earning going forward. Slashed import tariff effective 1 July eill provide the boost.

Posted by lanjiolang > 2018-06-05 08:46 | Report Abuse

If import tariff is so good for parkson china, why parkson china drop 3% yesterday?

Posted by Babyking > 2018-06-05 08:58 | Report Abuse

Wah. You talked like the shares you buy will go up everyday. Look at the mid to long term.

Posted by lanjiolang > 2018-06-05 09:42 | Report Abuse

what i mean is this import tariff didn't help parkson china anymore.

Baby, please explain with facts how this import tariff will contribute more to Parkson’s earning going forward.

Posted by pakatan_harapan2 > 2018-06-05 10:03 | Report Abuse

Those buying for coming Raya can buy more now since 0 GST.

Posted by pakatan_harapan2 > 2018-06-05 10:04 | Report Abuse

Shoppers, retailers take advantage of tax holiday [NSTTV]
https://www.nst.com.my/news/nation/2018/06/376188/shoppers-retailers-take-advantage-tax-holiday-nsttv#cxrecs_s

Posted by lanjiolang > 2018-06-05 10:11 | Report Abuse

PGRL drop another 3% today, some investor already aware that chinaman may boycott parkson china soon.

Posted by JuniorR > 2018-06-05 10:52 | Report Abuse

issac99289928 - Thank you for sharing since cosmetics makes up almost half of Parkson's biz and apparel another half thereabouts.

SO, basically cosmetics 65% import tax reduction and for apparel 55% import tax reduction. Woa.

Posted by lanjiolang > 2018-06-05 10:56 | Report Abuse

any relation between reducing of import tax and profit of parkson china? please explain with facts, don't trap people.

Posted by JuniorR > 2018-06-05 11:06 | Report Abuse

Read:
issac99289928 China to cut tariffs on home appliances, cosmetics

Import tariffs for apparel, footwear and headgear, kitchen supplies and fitness products will be more than halved to 7.1 percent from 15.9 percent

cosmetics will be levied at 2.9 per cent, down from the present 8.4 per cent

http://annx.asianews.network/content/china-cut-tariffs-home-appliances...

CHINA'S PARKSON EARNING BOOST WILL BE TREMENDOUS IN THE NEXT FEW QUARTERS.CONGRATULATION.
04/06/2018 20:21

Example:
if Parkson sell nasi lemak RM1, if tax was accounted for in that RM1 as much as RM0.243 and reduced to RM0.10 and
still sell nasi lemak at RM1,
Parkson get to keep RM0.243 - RM0.10 = RM0.143
which is RM0.143/RM1 x 100% = 14.3% increased profit

In biz when you got biz, paying less tax means you keep more $ for yourself which you can reinvest/give your partners/buy other biz/expand etc.

Posted by lanjiolang > 2018-06-05 11:07 | Report Abuse

what i read from this news is noting different with the reducing of import tax.

国家行政学院冯俏彬认为，这次降税对国内相关行业冲击不会大，因为这些行业都是充分竞争领域，不少企业都拥有核心竞争力。

http://www.yicai.com/news/5427696.html