Posted by Jasmine Paw > 2014-01-21 23:27 | Report Abuse

i bought too high ady... i was thinking to average...

Posted by rlch > 2014-01-22 21:52 | Report Abuse

Look like worse is over for Parkson support by daily shares buyback which reach 3.02%.

Posted by rlch > 2014-02-12 18:46 | Report Abuse

Share buyback 3.53% currently. Can give at least 3 for 100 share dividend beside cash dividend.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1537829

Posted by xenolover > 2014-02-14 12:12 | Report Abuse

share buy back is a tricky way to boost up the EPS...

Posted by rlch > 2014-02-14 13:57 | Report Abuse

If the company has no money also cannot do shares buyback. Parkson has net cash over RM 1 billion and Parkson is undervalued as now trading near 5 year low.

Posted by ganasai > 2014-02-15 12:34 | Report Abuse

patient is the key, after few years, you will will regret why i not collect some during this history low. buy few and close eye and come back after 2-3 years.

Posted by SexC > 2014-02-16 17:03 | Report Abuse

How low wil d price go??

Posted by ganasai > 2014-02-16 17:25 | Report Abuse

people always try to guess how high and how low, but only god can tell . Generally there is still some rules. When you see the stock start trade as side way (price range not much change) and volume not much means its start stable (not falling knife). If you worry you miss the chance, you can start buy some. But most of the people will try to buy when see the volume increase after the side way. But this may be just a fake rebound. Experience will tell you.

Posted by xenolover > 2014-02-16 17:58 | Report Abuse

good say, ganasai (love to speak out your name).

Posted by SexC > 2014-02-17 12:55 | Report Abuse

How low will it go??

Posted by calvintaneng > 2014-02-17 13:07 | Report Abuse

SexC,

How low will it go? That is a good question. You see, MUI Berhad (3891) was RM32.00.

MUI Berhad own METROJAYA & LAURA ASHLEY. Yet MUI Berhad has gone down to a low of 20 cents now.

Parkson is affected by the Chinese Slowdown. Even Walmart and others are affected. Yum Brand KFC sales also dropped in China. So China - although a big market - it's a tough market.

Consider switching Parkson shares to MUI Berhad - This year being VISIT MALAYSIA YEAR 2014 MUI Berhad will benefit greatly.

And even if the market should crash further - MUI Berhad won't go down much as it is already near Rock Bottom.

Do your own due dilligence.

Regards,

Calvin, Singapore

Posted by SexC > 2014-02-17 13:49 | Report Abuse

Calvin MUI has high debt Parkson has high cash Think Parkson safer Anyway Parkson is at multi yr low now too

Posted by haikeyila > 2014-02-17 14:15 | Report Abuse

parkson has more than a billion in cash. Mui is choked by a mountain of debt almost as high as its market cap. parkson is expanding, mui is selling off assets. wtf

Posted by The_onE > 2014-02-17 20:23 | Report Abuse

reading comments is interesting, they are usually bias and opinion based but always with facts

Posted by ganasai > 2014-02-17 23:51 | Report Abuse

you can found my comment also at knm, how i advise people "dont sell with big loss" when you loss 90%, better you loss that 10% also. so people who keep the share or collect more during 40c should smile now. After few years same history will happen again for this stock. People will regret their sell with big loss. Some will regret why not collect during history low and patient wait.

Posted by calvintaneng > 2014-02-18 00:26 |

Post removed.Why?

Posted by rlch > 2014-02-18 03:05 | Report Abuse

Can Parkson go back to RM3, RM3.50 or even RM4 in a year time? Along the way possibly some dividend and share dividend one can expect to earn. If MUI so undervalued as Calvin claim why no insider buying and share buyback carried out? At least Parkson has daily shares buyback to support share price. GIC(S'pore pension fund) also has some buying lately. MUI lowest price is 15.5 sen where margin of safety is higher. When is the last time MUI paid dividend?

Posted by UMNOSHIT > 2014-02-18 04:58 |

Post removed.Why?

Posted by SexC > 2014-02-18 09:22 | Report Abuse

Ya take tat calvin.. N william cheng i hear has got a wife who can sing KKP i know a wife who can sue

Posted by calvintaneng > 2014-02-18 09:37 | Report Abuse

SexC,

There is such a phrase called, "PROSPECTING IN BAD NEWS". When Tiger Wood scandal broke out many sponsors withdrew their endorsement.

Price of Gillette crashed(Proctor & Gamble). There were force selling of company shares linked to Tiger Wood' image. On hindsight, that was the time to buy gilette when price crashed.

So the bad news of MUI Berhad is an opportunity in crisis. And it takes nerve of steel to buy in crisis - also to buy against doubt, fear and the naysayings of men.

Utmost in our priority should be -

1) Are we buying into value?
2) Do the Company still have a future?

Posted by haikeyila > 2014-02-18 09:53 | Report Abuse

if it really has 'value' why are no institution buying it? why no share buy-back, since its already 'ocean-bottom'? you're the only one who sees its 'value'? what a joke.

Posted by calvintaneng > 2014-02-18 10:10 | Report Abuse

haikeyila,

Yes, you have asked relevant questions. Why no institution buying it? You see, all Big Time Institutions of Yesteryears Not Only Buy - But Made MUI into the "Darling" of those GoGo Years When MUI was chased up to a high of RM32.00.

Many got burnt subsequently & even swear to themselves that they will never, ever touch MUI Group counters. There are Singaporeans here who swear that they will never, ever buy any property in Johor(Iskandar) because of past bitter losses when real estate price crashed.

As to company share buy back - MUI Group has been actively buying back shares but in a low profile way.

And as to Calvin the only one who "See value". Yes, a thousand times, YES! I saw SILK at 40 cents. I also saw KPS at 42 cents, BJ Corp at 12.5 cents, Tasek Cement at RM2.90 (Now over RM14.50). UMW at 2.40 in 2004 (Now a Blue Chip over RM10.00)

I saw Tawin at 42 cents (Now over 60 cents and still going up?).

It is my hobby & joy to sift out the gold from the dross in KLSE. To warn my friends of impending danger. And show them the good prospects of shares that can rebound.

Yes, we must learn to see beyond what is obvious. To "see" where others don't. To see ahead of others.

In Singapore Army there is a phrase, "When you can see the enemy missile fired - it is already too late to prepare yourself."

Posted by haikeyila > 2014-02-18 10:19 | Report Abuse

i could list another hundred counters i 'saw' also when they were trading low. anyone can. if you are so confident of this stock, no need to shout about it all over town. put all your life savings into it, and surely one day its 'value' will show, right?
what a waste of time you are.

Posted by calvintaneng > 2014-02-18 10:27 | Report Abuse

It begins with the question by SexC, "How low will it go?" And I have just responded with an answer. So from now I rest my case & only time will show the truth.

Posted by SexC > 2014-02-18 11:06 | Report Abuse

calvin i was asking parkson la...

ur answers.. all abt mui..

mui has bin at d bottom where d sun dont shine for how long d? 4 5 yrs wait.. at d bottom.. nothing much goin on.. GF pun lari liao lo...

Posted by benson911 > 2014-02-18 11:58 | Report Abuse

Hi Calvin, what is your target for MUI? Although MUI is undervalue with its asset, there is not much assurance that MUI will be taking advantage of its undervalued assets any time down the future.....

Posted by tshwong > 2014-02-18 12:00 | Report Abuse

This Calvin was promoting MUI everywhere possible, but he never talk about its future business prospect, fincancial strength, earning prospect, which are keys for its share to rise in the future. All he talk was 'cheap'. Share was cheap for a reason. If he really saw and bought into all those 'cheap' share before, he should be a multimillioner now. May be he only saw after it rose up. We all know that Singaporeans are really know how to talk. But again talk is cheap also.

Posted by SexC > 2014-02-18 13:22 | Report Abuse

anybody know if all d parkson warrant CI CJ CK CL CM hv any effect tat cause d drop in parkson or not??

Posted by SexC > 2014-02-18 15:27 | Report Abuse

think parkson is being screwed by d warrants issuing banks.. n it is going to b ugly n last for a while.... coming down again

Posted by PN17 > 2014-02-18 22:06 | Report Abuse

anybody know what the bottom line of parkson? 2.70, 2.50, 2.30, 1.90

Posted by calvintaneng > 2014-02-19 10:03 | Report Abuse

Happiness is to see all doing well collectively. Parkson is well supported by TTB I Cap funds.

Only PM Corp & MUI Berhad have the potential to go up 10 fold some day. I am not surprised at all in human nature. It is VERY NATURAL TO BE BULLISH WHEN OTHERS ARE BULLISH. AND TO BE BEARISH WHEN ALL OTHERS AROUND US ARE BEARISH.

That's why in the Final Analysis 80% of Share Market participants eventually lose money. Not a few go bankrupt chasing the Hot Shares of The Time.

To really do well, WE MUST BE CONTRARIAN!"

Posted by SexC > 2014-02-19 12:27 | Report Abuse

now mkt at all time highs.. contrarian shd go for holiday.. switch off u pc.. especially no nid to post in i3investor

Posted by calvintaneng > 2014-02-19 12:40 | Report Abuse

That is the most sensible statement. Take a break - Go and buy some Tudor Gold or Tango chocolates from Giant, COSWAY, Cold Storage, Tesco or AEON Supermarkets.

Posted by SexC > 2014-02-19 15:53 | Report Abuse

haha.. sound like KITKAT advert not tudor

Posted by SexC > 2014-02-20 11:30 | Report Abuse

result of a subsidiary wil b out today..rite? Think Parkson wil go up whatever d result as its price now is priced for calamity...

Posted by calvintaneng > 2014-02-20 22:02 | Report Abuse

Benson911,

Sorry for not replying earlier. My target price for MUI Berhad is RM1.80. On 3 conditions:

1) MUI Management Must Pare Down Assets And Settle RM1 Billion Outstanding Debts.

2) REVALUE ALL ASSETS TO REFLECT TRUE CURRENT UP TO DATE VALUE.

Market has discovered KSeng, Brem, CHHB, Perak Corp & Others - EXCEPT MUI BHD!

3) Let Balance Sheets Show Consistent Positive Growth.

And My Future Target Price For MUI Berhad Is RM5.00. On these conditions:

1) Change PM Corp name to NFI (Network Food Industries) MUI Own 70% PM Corp shares
2) Relist METROJAYA AGAIN - Now Profitable. (Watch out for METROJAYA at South Key JB)
3) Pay A Good Dividend To MUI Shareholders.

Posted by haikeyila > 2014-02-21 09:37 | Report Abuse

Might as well wish for money to fall from the sky, and then call it a 'target' under some 'conditions'. MUI was yesterday's news since 10 years ago. No point flogging a dead horse.

Posted by SexC > 2014-02-21 10:34 | Report Abuse

HaHa.. why stop at money to fall from the sky.. target la king of Brunei.. under some conditions.. wtf.. ; )

Posted by SexC > 2014-02-21 10:36 | Report Abuse

so how is Parkson Retail Group result???


Parkson Retail Group result will be release on 20 Feb.

Source: AmeSecurities

Posted by haikeyila > 2014-02-21 10:51 | Report Abuse

Very bad result. CEO has been re-designated. Not going in yet.

Posted by SexC > 2014-02-21 10:58 | Report Abuse

whn u go in o??

Posted by tshwong > 2014-02-21 11:07 | Report Abuse

"Seeing" into future is the key to success, while "saw" was belong to those losers and they'll remain losers for year to come due to nature of their character. The odd for those losers to change their fate were as slim as hitting a jackpot, but again there always someone who will hit a jackpot. As a long term successful investor in equity market, one was not advisable to practice their method of investment like gambling. Penny stocks like MUI and PM Corp will eventually being delisted from bursa, while their price will down towards where their belong, half sen, just like their peer.

Posted by calvintaneng > 2014-02-21 11:17 | Report Abuse

Tshwong,

You are talking Nonsense & Know Next To Nothing About PM Corp.

Posted by chang0509 > 2014-02-21 20:34 | Report Abuse

http://www.parksongroup.com.cn/upload/201402/139289195069753900.pdf

Posted by xenolover > 2014-02-22 00:32 | Report Abuse

if seeing into future, i will buy supreme toto instead of share

Posted by jonatlau79 > 2014-02-22 11:53 | Report Abuse

TP RM2.40 (As Date 22/Feb/2014 , Then Can Consider Buy...

Posted by ganasai > 2014-02-23 13:48 | Report Abuse

The most difficult time for Parkson. But also the golden time for me to accumulate some.

Posted by SexC > 2014-02-23 20:55 | Report Abuse

ganasai wat price u buy o?? how low wil parkson go o?

Posted by chang0509 > 2014-02-24 00:20 | Report Abuse

Believe in William cheng. Jz invest in parkson.

Posted by tshwong > 2014-02-24 11:42 | Report Abuse

Safe price should be much lower referring to recent Q results. Below 2.5 will do.