Posted by lanjiolang > 2018-06-05 11:13 | Report Abuse

when tax reduce, the price will also reduce loh. how you get extra profit.

You can read the main title here

关税大幅下调！进口化妆品、服装鞋帽、家用电器有望降价

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

Posted by JuniorR > 2018-06-05 11:19 | Report Abuse

Same. As I've been saying for few years, Parkson is undervalued. All scared cause can read Profit & Loss but don't want read Balance Sheet. Now P&L latest quarter positive. I've been giving facts all this while but all buysell according to sentiment. Now sentiment is positive and looks positive moving forward.

Posted by lanjiolang > 2018-06-05 11:19 | Report Abuse

when tax reduce, the selling price will also reduce loh. how you get extra profit.

You can read the main title here

关税大幅下调！进口化妆品、服装鞋帽、家用电器有望降价

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

Posted by JuniorR > Jun 5, 2018 11:06 AM | Report Abuse

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 stock1288 > 2018-06-05 11:23 | Report Abuse

http://www.theedgemarkets.com/article/stock-momentum-parkson-holdings-bhd

Parkson Holdings Bhd (+ve)
SHARES in Parkson Holdings Bhd (fundamental: 0.8/3, valuation: 0.9/3) triggered our proprietary momentum algorithm last Friday for the first time this year.

The stock closed six sen or 11% higher at 56 sen, giving it a market capitalisation of RM613.6 million. A total of 8.37 million shares were done, exceeding its 200-day average volume of 710,877 shares.

Parkson returned to the black in the third financial quarter ended March 31, 2018 (3QFY18), with a net profit of RM25.3 million compared to a net loss of RM33.24 million a year ago, on improved performance of its retailing operations. However, Parkson posted a marginal 0.12% decline in revenue to RM1.06 billion in 3QFY18 compared with 3QFY17.

Looking ahead to the fourth financial quarter, Parkson expects the group’s retailing operations in Malaysia and Indonesia to benefit from festive shopping by Muslims in June, while other regions will experience lower traffic flows in their retail stores in the absence of major festivities.

At the current share price, the group is trading at 0.25 times its book value.

Posted by Babyking > 2018-06-05 11:33 | Report Abuse

Yes lanjiolanh. Selling price also will be adjusted. But will also stimulate demand. Maybe no need to go shop overseas.

Posted by lanjiolang > 2018-06-05 11:36 | Report Abuse

baby, your explanation is much more acceptable. I need to check some data from internet first before consider it's a good news.

Posted by JuniorR > 2018-06-05 12:22 | Report Abuse

Parkson will have more cost saving la which can either translate to profit if they maintain same prices or price cut to stimulate demand. You lanjiolang ask if can translate into profit so I give you tadika example. Currently price can up anytime. Latest TP by Kenanga who always negative last time already higher than Public Bank's old TP of RM0.75

Posted by James Ng > 2018-06-05 12:23 | Report Abuse

https://klse.i3investor.com/blogs/general/159598.jsp
[转贴] [PARKSON HOLDINGS BHD，看到机会和积极迹象] - James的股票投资James Share Investing

Posted by lanjiolang > 2018-06-05 12:32 | Report Abuse

junior, talk with facts lah. otherwise you won't grow up to senior. Just for your kindly advice. hahaha!!!

and better don't use Kenanga TP to trap people. everyone here know TP by IB is nonsense.

Posted by JuniorR > 2018-06-05 12:53 | Report Abuse

lanjio, keep your comments intelligent and understandable. Continuous opinions and asnine questions without facts is useless just because you want buy back at cheap price. what trap people you keep talking about? You are the one now after selling your shares is trying to talk down Parkson's price. TP is by IB whom are mostly self serving correct. However, traders still like to follow them. If dont like go read Balance Sheet and Income reports and give analysis. Dont just google info copy paste and claim it affects Parkson's biz.

Posted by lanjiolang > 2018-06-05 13:27 | Report Abuse

You thought chinese government reduce import tax because want to bring huge profit to company meh? You thought malaysia government reduce gst to 0% because want to maintain the consumer price and give huge profit to company meh. Please talk with facts lah.

Posted by lanjiolang > 2018-06-05 13:28 | Report Abuse

the selling price will reduce accodingly.

Posted by contrarian > 2018-06-05 13:31 | Report Abuse

Why not you say when cheaper people will buy more? Really lanjiao lang with your posts.

Posted by lanjiolang > 2018-06-05 13:33 | Report Abuse

then you have to look back what junior's previous explanation.

Posted by stock1288 > 2018-06-05 13:42 | Report Abuse

can sense some people like/try to talk bad of stock....to justify they sold at the right price or the intention to buy back cheaper , pathetic....!

Posted by lanjiolang > 2018-06-05 13:45 | Report Abuse

Can sense some people like to talk good about a counter without telling the facts. Probably they want to push up and sell with good price.

Posted by lanjiolang > 2018-06-05 14:36 | Report Abuse

there must be some newbie get trapped on 0.635. Now 0.61. If they buy just now with 0.635. Only loss 4%. Tomorrow if drop back to 0.55. Then, loss 15%.

Posted by JuniorR > 2018-06-05 15:19 | Report Abuse

And since Parkson have started making profit on P&L, price back to RM2 & above? "Tomorrow" maybe get 215% profit? Don't know why any shareholder and non traders will want to sell their shares so cheap.

Posted by stock1288 > 2018-06-05 15:21 | Report Abuse

always remember not to bite the hand that feeds you!!!.
if you made money in a counter, don't talk bad about the counter later. if it's so bad why buy in the 1st place.

Posted by lanjiolang > 2018-06-05 15:28 | Report Abuse

Please check my previous comment why i sell loh. i already write it clearly there.

Posted by stock1288 > Jun 5, 2018 03:21 PM | Report Abuse

always remember not to bite the hand that feeds you!!!.
if you made money in a counter, don't talk bad about the counter later. if it's so bad why buy in the 1st place.

Posted by lanjiolang > 2018-06-05 15:46 | Report Abuse

ks55, looks like you have a lots of supporter here, all your comments is hang with beautiful flag. hahaha!!!!

Posted by lanjiolang > 2018-06-05 16:03 | Report Abuse

ah lim just reveals another big scandal. China Exim Bank still same as the borrower. How if malaysia dun want/unable to pay back the debt to China or even break the contract? Will chinaman Boycott Malaysia company/product/country?

https://www.thestar.com.my/business/business-news/2018/06/05/mof-reveals-rm9-4bil-gas-pipeline-scandal/

Posted by Parkson > 2018-06-05 16:16 | Report Abuse

Add more 60-60.5 sen. Thanks those sell cheap.

Posted by joetay > 2018-06-05 17:43 |

Post removed.Why?

Posted by William_Cheng > 2018-06-05 18:42 | Report Abuse

How abt myself? Not in top 10 shareholders? Stop cocking cock pls.

Posted by joetay > 2018-06-05 19:03 |

Post removed.Why?

Posted by joetay > 2018-06-05 21:14 |

Post removed.Why?

Posted by joetay > 2018-06-05 22:31 |

Post removed.Why?

Posted by Parkson8888 > 2018-06-05 22:35 | Report Abuse

I said before but repeat again to those has forgotten. Just click report abuse haters(joetay, ks55, lanjianlang?) posts until remove.

Posted by Striker90 > 2018-06-05 22:45 | Report Abuse

Hehehe, ill be back in right time

Posted by joetay > 2018-06-05 22:47 |

Post removed.Why?

Posted by Unfair > 2018-06-05 22:55 | Report Abuse

Why i3 never ban joetay, ks55, other Parkson haters totally?

Posted by kelvin61 > 2018-06-05 23:08 | Report Abuse

Parkson is still a great buy at this price. Big discount over its book value and have very good cash flow management. I'm expecting Parkson China and Malaysia to spearhead the recovery in earnings. Good job from WC on his transformation strategy, cheers.

Posted by joetay > 2018-06-05 23:13 |

Post removed.Why?

Posted by joetay > 2018-06-05 23:59 |

Post removed.Why?

Posted by joetay > 2018-06-06 00:30 |

Post removed.Why?

Posted by joetay > 2018-06-06 02:06 |

Post removed.Why?

Posted by joetay > 2018-06-06 02:09 |

Post removed.Why?

Posted by contrarian > 2018-06-06 03:37 | Report Abuse

0% GST next 3 months people should buy more incl Parkson merchandises to save money.

Posted by contrarian > 2018-06-06 03:42 | Report Abuse

Retailers group proposes Sales & Services Tax of below 6%
http://www.thesundaily.my/news/2018/06/05/retailers-group-proposes-sales-services-tax-below-6

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

This is the typical supporter of Parkson, when they can not win in debate, they report abuse. what a loser. hahaha!!!

Posted by Parkson8888 > Jun 5, 2018 10:35 PM | Report Abuse

I said before but repeat again to those has forgotten. Just click report abuse haters(joetay, ks55, lanjianlang?) posts until remove.

Posted by joetay > 2018-06-06 10:40 |

Post removed.Why?

Posted by joetay > 2018-06-06 10:47 |

Post removed.Why?

Posted by pakatan_harapan2 > 2018-06-06 10:51 | Report Abuse

If no gain from voting PH why BN kicked out after 61 years?

Posted by joetay > 2018-06-06 11:02 |

Post removed.Why?

Posted by joetay > 2018-06-06 11:10 |

Post removed.Why?

Posted by JuniorR > 2018-06-06 11:17 | Report Abuse

joetay.. This is Parkson forum. not mamak shop. The news we were discussing earlier is import tax cut in China (making up Parkson's 70% biz) not Singapore or Malaysia. Provide some valuable analysis on Parkson or opinion based on facts not slanders and rude comments to short sell Parkson or buy at lower price. You still havent replied to the rebuttal of your online retail giants overtaking the world thesis or anything else. You just copypaste same fictional horror opinions/questions since last year. Keep up to date. Parkson has moved forward much since last time.

Posted by joetay > 2018-06-06 14:49 |

Post removed.Why?

Posted by joetay > 2018-06-06 14:50 |

Post removed.Why?

Posted by TheContrarian > 2018-06-06 14:51 | Report Abuse

Pov? Penis on Vagina? Haha. ;-)