PARKSON HOLDINGS BHD

KLSE (MYR): PARKSON (5657)

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Last Price

0.18

Today's Change

-0.005 (2.70%)

Day's Change

0.175 - 0.18

Trading Volume

53,900


15 people like this.

13,050 comment(s). Last comment by mf 6 hours ago

ks55

4,221 posts

Posted by ks55 > 2018-12-12 10:18 | Report Abuse

Highly oversold?
You might as well wait and see how fire sales begin when pledged securities done by creditor banks.

Still praying hard for WC to take Parkson private?
Still believe WC can borrow any more from bank?
Still think WC can swim instead of diving with no return?

Keep it longer you will see Parkson become PRA trading at 1.8 cent...........

ks55

4,221 posts

Posted by ks55 > 2018-12-12 15:22 | Report Abuse

TH holds 105 million Parkson shares since 2013/14 at more than 4 ringgit a share.
Now only good for 28 sen at best.
So TH net loss in Parkson alone amount to 380 million.

What about Amsteel Corp Bhd ?
Now already delisted and changed to ACB Resources?
Another 3-4 hundred million gone.

Again all these losses will be passed to you and me via Ministry of Finance sukuk.



More important is govt set to let go all these zombie stocks including 105 million dying Parkson.
So this dying meow-meow is going to 20 sen and below very soon...........

Posted by William_Cheng > 2018-12-12 16:31 | Report Abuse

Privatise PRA first(much cheaper)? If still got money privatise Parkson next?

kennean

87 posts

Posted by kennean > 2018-12-12 17:25 | Report Abuse

TH want to sold 105 mil shares difficult, if push up to RM2 then release batch by batch is easy.

kennean

87 posts

Posted by kennean > 2018-12-12 17:32 | Report Abuse

Parkson got so many deposit in Hong kong's bank. Why WC no money ? Parkson cash flow still stronger in Lion group. Lion Industri can goreng, Why parkson cannot ?

ks55

4,221 posts

Posted by ks55 > 2018-12-12 17:40 | Report Abuse

Just graduated from University of Kindergarten?

PRA net current liabilities worsen from negative S$ 70 million three months ago to negative S$ 77 million, i.e. RM 220 million.

Still think PRA can survive in next 6 months?

yucaihacai

355 posts

Posted by yucaihacai > 2018-12-12 19:52 | Report Abuse

Bought 0.265-0.270, sold 0.275-0.280. Thanks Cheng Yong Kim for your donation today. Pls tomolo sell me more 0.270 and below as you know that parkson management prove 5 quarter that they are incompetent, eat money for themself and self fish people.

kelvin61

826 posts

Posted by kelvin61 > 2018-12-12 22:44 | Report Abuse

WC, agree with you that you should consider taking PRA private first. No longer relevant to list at this ridiculous low price. Hope you follow through by taking PHB private too, cheers.

8888_

2,923 posts

Posted by 8888_ > 2018-12-13 14:42 | Report Abuse

PRGL up 5 sen. Buy more.
https://www.etnet.com.hk/www/eng/stocks/realtime/quote.php?code=3368

kennean

87 posts

Posted by kennean > 2018-12-13 17:03 | Report Abuse

ks, PRA and PHB , which is subsidiary company ?

kennean

87 posts

Posted by kennean > 2018-12-13 17:11 | Report Abuse

ks, do you bought AMMB ? some ana-list said resistance 4.70 or Max 4.80. watch out.

kennean

87 posts

Posted by kennean > 2018-12-13 17:16 | Report Abuse

18 dec 18 china new tax policy announce. It may push internal comsumer power.

Posted by Choivo Capital > 2018-12-14 12:43 | Report Abuse

This looks really damn damn cheap.

But you also need to price in the constant bleeding. This could very well bleed to the ground.

Is it cheap enough now?

5354_

4,793 posts

Posted by 5354_ > 2018-12-14 15:31 | Report Abuse

Who behind selling when PRA, PRGL no big drop?
https://www.etnet.com.hk/www/eng/stocks/realtime/quote.php?code=3368

kennean

87 posts

Posted by kennean > 2018-12-14 17:54 | Report Abuse

WC, PRGL declare RMB 0.03 dividen, please pay PHB RM 0.03 dividen too.

joetay2

474 posts

Posted by joetay2 > 2018-12-14 19:11 |

Post removed.Why?

joetay2

474 posts

Posted by joetay2 > 2018-12-14 19:12 |

Post removed.Why?

yucaihacai

355 posts

Posted by yucaihacai > 2018-12-14 19:15 | Report Abuse

Sold 0.28-0.285 this morning, bought back 0.265-0.270. Diehard Joetay2 pls sell me more 0.26 and below on next monday

joetay2

474 posts

Posted by joetay2 > 2018-12-14 19:17 | Report Abuse

but i have been selling u since 90sens, yucaihacai.

u still want more???

lol....

Posted by yucaihacai > Dec 14, 2018 07:15 PM | Report Abuse

Sold 0.28-0.285 this morning, bought back 0.265-0.270. Diehard Joetay2 pls sell me more 0.26 and below on next monday

james88

11 posts

Posted by james88 > 2018-12-14 19:56 |

Post removed.Why?

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-12-15 06:25 | Report Abuse

the bleeding been happening since 3 years ago. the current parkson management is incapable to manage the company in profitable ways. should be sacked .

very simple theory. selling things also lose money. selling chicken rice lose money
u dun sell la niama . 3 years selling things and lose money..

what biz is doing ?

Posted by Parkson888888 > 2018-12-15 16:30 | Report Abuse

Sure they pay since PHB is major PRGL shareholders.

Posted by kennean > Dec 14, 2018 05:54 PM | Report Abuse
WC, PRGL declare RMB 0.03 dividen, please pay PHB RM 0.03 dividen too.

james88

11 posts

Posted by james88 > 2018-12-15 19:30 |

Post removed.Why?

james88

11 posts

Posted by james88 > 2018-12-15 19:33 |

Post removed.Why?

Parkson18

167 posts

Posted by Parkson18 > 2018-12-15 21:46 | Report Abuse

james88 I know you very well. You are joetay new id. Why only posts in Parkson dare to answer?

james88

11 posts

Posted by james88 > 2018-12-15 22:58 |

Post removed.Why?

joetay7

177 posts

Posted by joetay7 > 2018-12-16 01:18 |

Post removed.Why?

enigmatic

919 posts

Posted by enigmatic > 2018-12-16 01:43 | Report Abuse

jasontan1177 is correct. What da heck is management doing if the company can't even profit RM1 in a year? Incapable management should be replaced. Parkson has no hope unless others initiate takeover of company to transform it.

Posted by Cheng_Yong_Kim > 2018-12-17 05:02 | Report Abuse

Haters pls sell more.

Posted by parksonnewbie > 2018-12-17 05:05 | Report Abuse

james88 what products JCY sell? Why must people buy JCY product? Why it is 19 sen today?

Parkson18

167 posts

Posted by Parkson18 > 2018-12-17 05:20 | Report Abuse

kennean RM 22.5 million will be received by Parkson when PRGL make 0.03 sen dividend payment soon.

Parkson18

167 posts

Posted by Parkson18 > 2018-12-17 05:43 | Report Abuse

20th Dec is PRGL dividend payment date. So Parkson cash balance will increase soon. No wonder Cheng Yong Kim bought recently.
https://www.etnet.com.hk/www/eng/stocks/realtime/quote_dividend.php?code=3368

5354_

4,793 posts

Posted by 5354_ > 2018-12-17 10:18 | Report Abuse

Even PRA 2 sen seller gone.

james88

11 posts

Posted by james88 > 2018-12-17 11:49 |

Post removed.Why?

james88

11 posts

Posted by james88 > 2018-12-17 11:51 |

Post removed.Why?

Posted by parksonnewbie > 2018-12-17 11:56 | Report Abuse

Your meaning JCY cut loss? Why 19 sen can still drop to 18.5 sen?

Posted by parksonnewbie > 2018-12-17 11:59 | Report Abuse

How abt MNRB cut loss? Have you done?

Posted by parksonnewbie > 2018-12-17 11:59 | Report Abuse

I collect more.

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

PRA why nobody sell at 2 sen?

james88

11 posts

Posted by james88 > 2018-12-17 12:10 | Report Abuse

KSS5, I don’t think RM6.221 billion loss is correct.

james88

11 posts

Posted by james88 > 2018-12-17 12:11 |

Post removed.Why?

Posted by parksonnewbie > 2018-12-17 12:23 | Report Abuse

Why no answer james88?

Posted by parksonnewbie > Dec 17, 2018 05:05 AM | Report Abuse X
james88 what products JCY sell? Why must people buy JCY product? Why it is 19 sen today?

james88

11 posts

Posted by james88 > 2018-12-17 14:31 |

Post removed.Why?

james88

11 posts

Posted by james88 > 2018-12-17 14:32 |

Post removed.Why?

Parkson18

167 posts

Posted by Parkson18 > 2018-12-17 14:45 | Report Abuse

james88 so don't trust ks55. He is the 1 from university of kindergarten.

Parkson18

167 posts

Posted by Parkson18 > 2018-12-17 14:46 | Report Abuse

PRA up 24%.
https://sg.finance.yahoo.com/quote/O9E.SI/

Posted by Parkson8888 > 2018-12-17 14:53 | Report Abuse

PRGL also up. Time to sailang?

5354_

4,793 posts

Posted by 5354_ > 2018-12-17 16:11 | Report Abuse

Add more from kennean, kelvin61 selling.

Posted by Cheng_Yong_Kim > 2018-12-17 16:13 | Report Abuse

Avg down 25.5 sen.

Posted by Cheng_Yong_Kim > 2018-12-17 16:28 | Report Abuse

God is fair. Parkson shareholders lazy to post to defend you must suffer loss not people talk bad here.

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