Price should be well above RM0.70 by now but too many jittery traders who get scared easily. As I recommended earlier, everyone should buy and stop getting scared easily for no reason and all make money on the upside of a stock that is grossly undervalued. But Malaysian market participants always love getting jittery. Perhaps no one buying/selling is interested in the business aspects of Parkson but only like looking at share price/quotes. I recommend list Parkson Bhd in US. even with high trading cost i believe there will be significantly better price discovery.
Bt yes prices go up & down so it doesn't mean anything if you know how Parkson is progressing.
the local market doesn't work the same way it should do as in developed markets. Someone wrote quite a good write up in i3 forum about Malaysian market and its differences. well in essence if the market was always right no one could ever make any money.
noah.. Would it be impossible to have less shares outstanding as so rightly stocks deserve with higher per share prices? Secondly i wld think price discoveries work exceedingly better over there eluding the possibility of what happened to the price over here.
sifus if I want to write to Parkson management to resume shares buy back who shall I write to any1 can help? The reasons are I see many companies use shares buy back to stablise share price why not Parkson do so?
Can I question you? If gone for good means nothing for retailers why is good?
Posted by noah > Jun 19, 2018 03:44 PM | Report Abuse Just fyi, Did you know that US market there is a minimum share price to be maintained in order to stay listed? If you drop below such price and there is no corrective action, you will be delisted. For Parkson case, it would be gone for good now if its listed in US.
How can Parkson delist PRA and PRGL? They not own both 100% right? Is it you mean giving PRA, PRGL as share dividend? Can all brokers allow us to sell non-Malaysian shares? Talk here no point why not write in or talk in AGM better.
Posted by Leesk > Jun 19, 2018 09:02 PM | Report Abuse it is better for Parkson holdings to delist and distribute PRA and PRGL share
@ joetay. I think he needs psychiatrist treatment. There is something wrong with this chap. He is going through deep depression on this stock. He probably lost everything in the past and this has caused him to be like that. I pity this guy. Hope he doesn't end up committing suicide. May God have pity on him, cheers.
Posted by stock1288 > Mar 8, 2017 01:19 PM | Report Abuse
I like Parkson, accumulate at his level. Surely will make profit.
Posted by kelvin61 > Apr 25, 2017 10:35 AM | Report Abuse
Very good buy at this level. Adequate margin of safety and showing signs of turning around. Buy we spare cash and hold. Should make handsome returns within 2 years time.
Posted by Parkson8888 > May 12, 2017 11:04 AM | Report Abuse
Add more 64-64.5 sen.
Posted by yucaihacai > Feb 22, 2016 06:33 PM | Report Abuse
bought 10 lot Parkson 0.935 today,看好它第四季业绩表现 !我们这些鱼仔虾仔玩得起,输得起。不是一些人自以为是给 TP 75仙,到了75仙,又给TP 50仙,没完没了…
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Parkson8888
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Posted by Parkson8888 > 2018-06-19 12:49 | Report Abuse
Change govn to PH no point if no help to Parkson shareholders.