PARKSON HOLDINGS BHD

KLSE (MYR): PARKSON (5657)

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Last Price

0.175

Today's Change

+0.005 (2.94%)

Day's Change

0.175 - 0.18

Trading Volume

2,586,500


15 people like this.

13,002 comment(s). Last comment by DickyMe 2 hours ago

freddiehero

16,721 posts

Posted by freddiehero > 2018-10-24 07:40 | Report Abuse

lol for long term money can b 0.85 x5 ady la..

freddiehero

16,721 posts

Posted by freddiehero > 2018-10-24 07:41 | Report Abuse

u know long term can borrow so much... then long term cash how much le.. u so pandai

freddiehero

16,721 posts

Posted by freddiehero > 2018-10-24 07:43 | Report Abuse

0.335 per share

freddiehero

16,721 posts

Posted by freddiehero > 2018-10-24 07:43 | Report Abuse

it worth 2.0 per share

freddiehero

16,721 posts

Posted by freddiehero > 2018-10-24 07:43 | Report Abuse

mean tat got x5 more cash on hand

curious3

28 posts

Posted by curious3 > 2018-10-24 11:43 | Report Abuse

Some1 call kennean pondan is true? Why he no balls to defend?

barkson

34 posts

Posted by barkson > 2018-10-24 12:09 |

Post removed.Why?

barkson

34 posts

Posted by barkson > 2018-10-24 12:10 |

Post removed.Why?

barkson

34 posts

Posted by barkson > 2018-10-24 12:10 |

Post removed.Why?

barkson

34 posts

Posted by barkson > 2018-10-24 12:10 |

Post removed.Why?

barkson

34 posts

Posted by barkson > 2018-10-24 12:11 |

Post removed.Why?

barkson

34 posts

Posted by barkson > 2018-10-24 12:12 |

Post removed.Why?

Posted by newbee16 > 2018-10-24 12:46 | Report Abuse

Buy 1 get 2 free(PRGL and PRA free)?

NTA_

34 posts

Posted by NTA_ > 2018-10-24 12:52 | Report Abuse

NTA RM 2.09 why not sell all assets?

Posted by antipondan8 > 2018-10-24 15:19 | Report Abuse

Pondans sell. I buy more 33 sen. 2018 Lionforest AR out today soon Parkson 2018 AR will out as well and WC still hold tight-tight.

dex

493 posts

Posted by dex > 2018-10-24 22:01 | Report Abuse

please drop.. Waiting at 25cts.

Posted by Parkson888888 > 2018-10-24 22:18 | Report Abuse

23rd Nov 2018. See today Bursa news.

Posted by Leesk > Oct 22, 2018 12:13 PM | Report Abuse
when is the AGM ? Please asked all the questions which is uncertain about the business. no dividends so many years

ParksonOk

38 posts

Posted by ParksonOk > 2018-10-24 22:35 | Report Abuse

CMMT QR out today. Again sales, profit drop. Who dare charge higher rental or not lower their malls rental Parkson can just move out bec oversupply. Move out is easier than selling mall haha.

ParksonOk

38 posts

Posted by ParksonOk > 2018-10-24 22:37 | Report Abuse

Director benefits cut by RM 59,500 coming AGM is good. Can pay directors salary means Parkson still got cash.

ayambuy

13 posts

Posted by ayambuy > 2018-10-25 13:15 |

Post removed.Why?

Posted by parksonnewbie > 2018-10-25 22:19 | Report Abuse

sifus I heard Parkson 2018 Annual Report out today. No Parkson shareholders in i3 true? Why nobody read AR?

Posted by parksonnewbie > 2018-10-25 22:22 | Report Abuse

sifus is Parkson drop last few years due to William Cheng selling can any1 answer? How abt Icaps?

ParksonOk

38 posts

Posted by ParksonOk > 2018-10-25 23:08 | Report Abuse

10. No. 195 Leasehold 228,622.0 Commercial Shopping 992.3 December 2015
Hong Kong East Road 5.12.2050 sq metres building complex
Laoshan District, Qingdao (3)
Shandong, China

ParksonOk

38 posts

Posted by ParksonOk > 2018-10-25 23:09 | Report Abuse

1 property in China worth RM 992.3 million at Dec 2015 valuation. Now if sell can get abv RM 1 billion?

Posted by parksonnewbie > 2018-10-26 09:45 | Report Abuse

How to trust ks55? Why my q buy 25 sen cannot get done?

JuniorR

101 posts

Posted by JuniorR > 2018-10-26 09:59 | Report Abuse

Exactly. Mostly who post here are short sellers and ppl who want to buy Parkson from you at lower price. NO one has that much time posting if they don't have a financial interest in the stock. Go read Annual Report 2018 at least Page 35-45; http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=189734&name=EA_DS_ATTACHMENTS

From Annual Report:
"The Group’s execution of transformation strategies involving the diversification of retail formats and optimisation of operations and omni-channel marketing has yielded encouraging returns. For the FYE 2018, Parkson China posted a positive SSS growth of 0.5% with revenue increasing to RM2,651 million. The higher revenue coupled with improved operating efficiencies have enabled Parkson China to turn profitable with an operating profit of RM111 million against a loss of RM42 million a year ago."

JuniorR

101 posts

Posted by JuniorR > 2018-10-26 10:47 | Report Abuse

ks55 apek still copy paste information that he doesn't understand. If you cant read financial statements or reports don't go around copy pasting everything that you think is bad cause you don't understand. Every now and then got something new killing Parkson it seems. Think this is Godzilla movie is it? What happened to your beloved online is killing retail story?? Why never mention Parkson's continuous improvement in online retail?

Example of financial analysis:
Stock: [PARKSON]: PARKSON HOLDINGS BHD
Jun 6, 2018 03:59 PM

You have been saying nonsense for a longtime and haven't stopped including now. Go and read what was Intime and why Alibaba kept on buying physical operations post listing. Alas. What weak financials you lying about? How is Alibaba/wanda going to win everybody? Give opinion with reason not just give opinion and proclaim yourself the smartest person.

There, another financials example of Parkson when it was still making loss last year but Cash Flow still strong:

Sep 13, 2017 10:32 AM | Report Abuse

" Stock: [PARKSON]: PARKSON HOLDINGS BHD
Aug 24, 2017 11:52 AM | Report Abuse

Parkson Retail Asia Q4 2017 Cash Flow seems to be much higher.

OPERATING CASH FLOWS before changes in working capital:

Year ended 30/06/2017; S$19,164,000
Year ended 30/06/2016; S$25,130,000

Quarter ended 30/06/2017; S$9,677,000 **
Quarter ended 30/06/2016; S$2,356,000


NET CASH GENERATED from operating activities:

Year ended 30/06/2017; S$51,221,000 **
Year ended 30/06/2016; S$26,192,000

Quarter ended 30/06/2017; S$55,039,000 **
Quarter ended 30/06/2016; S$5,880,000

Today:
Yes I am a junior in the stock market that knows how to value businesses and comment on businesses I either know about or own.

ks55, why don't you sell me/us your stocks and go play golf? UNLESS, you don' have any stocks and are being paid to give negative comments & FALSE statements.. We've been reading your asinine comments for 2 years plus now.

Real investors and even traders here will make money as long as they don't sell Parkson shares and buy more until it reaches its actual valuation RM1.40 and above. "


FYI: This year Parkson already making profit plus NTA is RM how much? RM2 plus. To fund investors dont keep playing push down game. Play price recovery everybody make money game.

Posted by William_Cheng > 2018-10-26 11:08 | Report Abuse

Dumb-dumb hold for my >60% stake.

Posted by William_Cheng > 2018-10-26 11:09 | Report Abuse

Some1 increase PRGL stake. Are they mounting a takeover?

JuniorR

101 posts

Posted by JuniorR > 2018-10-26 11:15 | Report Abuse

Currently Parkson is the cheapest it has ever been. It's Price to Book ratio is one of the best you can find in the stock market. I believe its a buy and I recently added some to my portfolio to which I still haven't sold my older shares bought at much higher prices.

As a going concern business it is worth a whole lot more than current price. At book value it is worth a whole lot more than current price. Parkson has to continue in its direction with a few more good decisions and new investors should come flooding in. In my opinion Parkson should look into acquiring 1 good biz (preferably a strong branded restaurant chain) of reasonable size with stable cash flows & with good existing management that will symbiotically improve Parkson's sales and that of the acquired biz. This is to take advantage of Parkson's omni-presence in South East Asia. Either way current price is a bargain.

Thank you Mr TTB whom has continued to hold Parkson shares alongside Tabung Haji.

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2018-10-26 11:51 | Report Abuse

Wah... this kind of price. very tempting.

Posted by antipondan6 > 2018-10-26 11:51 | Report Abuse

WC, Tabung Haji, TTB never sell low. Only idiots does. No wonder many disappear. They suffered huge loss cutting loss.

Posted by Parkson888888 > 2018-10-26 12:22 | Report Abuse

Add more 31-31.5 sen. PRGL up, PRA no drop.

godhand

1,944 posts

Posted by godhand > 2018-10-26 12:31 | Report Abuse

Oct 26, 2018 10:12 AM | Report Abuse

Parkson possible privatised(assets rich) like Selangor Property?


This. when? u totally have no control over so called asset. what asset? do you have a list? most of the assets depreciate over time.

godhand

1,944 posts

Posted by godhand > 2018-10-26 12:45 | Report Abuse

yes its cheap. thats all. its cheap nothing else.

Posted by William_Cheng > 2018-10-26 12:48 | Report Abuse

Dsonic, PresBhd(hot ctrs) major shareholders selling why am I not selling if toilet paper Parkson can become true?

yucaihacai

355 posts

Posted by yucaihacai > 2018-10-26 13:04 | Report Abuse

You sell from 75 sen. Why you dun want to buy back ? How many times you want to report losses ?
You report losses only until die.. Many investor really disappointed.

kennean

87 posts

Posted by kennean > 2018-10-26 15:09 | Report Abuse

Due to RMB depreciate almost 5%, it affect parkson loss RM45 mil in this coming financial results.

freddiehero

16,721 posts

Posted by freddiehero > 2018-10-26 21:50 | Report Abuse

parkson big discount

Posted by zoomm123 > 2018-10-26 21:58 | Report Abuse

PRESIDENT XI reduced tariff on COSMETIC PRODUCTS to help Parkson China

https://www.cosmeticsdesign-asia.com/Article/2018/06/06/China-cuts-import-tariffs-on-cosmetics-goods

Posted by zoomm123 > 2018-10-26 23:35 | Report Abuse

pondan create RUMOURS again,
Ringgit also down and some more PARKSON do not import products directly, their stock are provided by brand owners, department store just collect commissions when sale is done.

QUOTE:
kennean Due to RMB depreciate almost 5%, it affect parkson loss RM45 mil in this coming financial results.

yucaihacai

355 posts

Posted by yucaihacai > 2018-10-27 16:42 | Report Abuse

ks55 I like E&O
Start buying at 1.31
Will buy all the way down to 1.00





勇者 创造机会
智者 把握机会
愚者 找不到机会
死者 (絕望者) 永遠沒有机会
19/09/2018 14:30

ks55 I am not asking you to buy.
I know you already bankrupt.
If you buy at 1.31 and below, surely you are unlikely to lose money.

I will not tell you to buy only after E&O already move up by 20%.
That is not noble, and not doing thing in good faith.
You should know whom I am referring to.........
19/09/2018 14:31

yucaihacai

355 posts

Posted by yucaihacai > 2018-10-27 16:43 | Report Abuse

E&O now 1.10
Kosong 55, buy lah whatever you want to buy.

5354

375 posts

Posted by 5354 > 2018-10-28 05:34 | Report Abuse

zoomm123 thanks for your post. This is helpful post unlike ks55 or kennean posts.

Stock: [PARKSON]: PARKSON HOLDINGS BHD
Oct 26, 2018 09:58 PM | Report Abuse
PRESIDENT XI reduced tariff on COSMETIC PRODUCTS to help Parkson China
https://www.cosmeticsdesign-asia.com/Article/2018/06/06/China-cuts-imp...

joetay

3,737 posts

Posted by joetay > 2018-10-28 20:07 |

Post removed.Why?

joetay

3,737 posts

Posted by joetay > 2018-10-29 00:24 |

Post removed.Why?

joetay

3,737 posts

Posted by joetay > 2018-10-29 00:26 |

Post removed.Why?

ayambuy

13 posts

Posted by ayambuy > 2018-10-29 09:18 |

Post removed.Why?

Fartson

1 posts

Posted by Fartson > 2018-10-29 09:26 | Report Abuse

Although parkson losing hundreds of million every quarter, those who are trapped in this losing streak company will always barking faithfully. Even parkson farts also they will say the fart smells so good lol

Posted by pokkiwong > 2018-10-29 09:51 | Report Abuse

Can any1 tells me why parkson so pokai keep lose money every year?

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