Posted by 129055444514385 > 2019-02-25 11:27 | Report Abuse

now, parkson should focus on getting licence and setting up parkson credit like aeon credit to issue card cards ...... tabung haji wants to recover its investment values in parkson, probably the authorities will be very supportive of this move by parkson if decided to do it

Posted by 129055444514385 > 2019-02-25 11:50 | Report Abuse

Set up f&b like aeon also :)

Posted by 129055444514385 > 2019-02-25 11:53 | Report Abuse

Based on its recent quarterly results, its China operations has reported profit already

Posted by 129055444514385 > 2019-02-25 11:55 | Report Abuse

It needs to intensify efforts to make operations in Msia, Indonesia and indochina profitable

Posted by 129055444514385 > 2019-02-25 11:56 | Report Abuse

Based on its balance sheett, ada cash n cash equivalents about rm900mil,,, can buy time to turnaround the group

Posted by 129055444514385 > 2019-02-25 11:58 | Report Abuse

Based on its quarterly report, ada buat consumers lending di luar Negeri... boleh launch parkson credit di Malaysia hopefully

Posted by yucaihacai > 2019-02-25 12:16 | Report Abuse

Hello kosong 55, Pls sell me 0.225 and below. I am waiting you. Dun big talk only

Posted by 129055444514385 > 2019-02-25 15:45 | Report Abuse

:)

Thirty Largest Registered Shareholders as at 30 September 2018
No. of % of Registered Shareholders Shares Shares ^
1. Maybank Nominees (Tempatan) Sdn Bhd 143,987,730 13.49 MTrustee Berhad for Cheng Heng Jem (419450) 2. Lembaga Tabung Haji 105,908,219 9.92 3. Kenanga Nominees (Tempatan) Sdn Bhd 62,721,709 5.88 Pledged Securities Account for Cheng Heng Jem 4. RHB Nominees (Tempatan) Sdn Bhd 61,689,636 5.78 Bank of China (Malaysia) Berhad Pledged Securities Account for Amsteel Mills Sdn Bhd-1 5. RHB Nominees (Tempatan) Sdn Bhd 61,243,212 5.74 Bank of China (Malaysia) Berhad Pledged Securities Account for Amsteel Mills Sdn Bhd-2 6. Lion Forest Industries Berhad 56,000,000 5.25 7. Affin Hwang Nominees (Tempatan) Sdn Bhd 52,316,798 4.90 Pledged Securities Account for Cheng Heng Jem (M09) 8. RHB Nominees (Tempatan) Sdn Bhd 30,672,692 2.87 Bank of China (Malaysia) Berhad Pledged Securities Account for Amsteel Mills Sdn Bhd-3 9. RHB Nominees (Tempatan) Sdn Bhd 22,808,737 2.14 Industrial and Commercial Bank of China (Malaysia) Berhad Pledged Securities Account for Cheng Heng Jem 10. Lion Industries Corporation Berhad 17,992,417 1.69 11. Affin Hwang Nominees (Tempatan) Sdn Bhd 17,600,000 1.65 Trillionvest Sdn Bhd 12. MIDF Amanah Investment Nominees (Tempatan) Sdn Bhd 16,148,254 1.51 Pledged Securities Account for Tan Sri Cheng Heng Jem (MGN-WCH0004M) 13. RHB Nominees (Tempatan) Sdn Bhd 15,530,790 1.46 Bank of China (Malaysia) Berhad Pledged Securities Account for Lion Industries Corporation Bhd-2 14. RHB Nominees (Tempatan) Sdn Bhd 15,084,365 1.41 Bank of China (Malaysia) Berhad Pledged Securities Account for Lion Industries Corporation Bhd-1 15. Amsteel Mills Sdn Bhd 14,487,530 1.36 16. Kenanga Nominees (Tempatan) Sdn Bhd 12,473,000 1.17 Pledged Securities Account for Trillionvest Sdn Bhd (3rd pty) 17. Affin Hwang Nominees (Tempatan) Sdn Bhd 11,222,649 1.05 Pledged Securities Account for Lion Industries Corporation Berhad (LIO0157M) 18. Maybank Nominees (Asing) Sdn Bhd 10,768,092 1.01 MTrustee Berhad for Excel Step Investments Limited (419463) 19. Cartaban Nominees (Tempatan) Sdn Bhd 10,742,298 1.01 icapital.biz Berhad 20. HSBC Nominees (Asing) Sdn Bhd 10,351,200 0.97 Exempt AN for Bank Julius Baer & Co. Ltd. (Singapore BCH) 21. RHB Nominees (Tempatan) Sdn Bhd 9,577,911 0.90 Bank of China (Malaysia) Berhad Pledged Securities Account for Lion Industries Corporation Bhd-3 22. RHB Nominees (Tempatan) Sdn Bhd 9,466,547 0.89 Bank of China (Malaysia) Berhad Pledged Securities Account for Amsteel Mills Sdn Bhd-4 23. HSBC Nominees (Asing) Sdn Bhd 8,403,808 0.79 TNTC for State Teachers Retirement System of OHIO 24. Kenwingston Sdn Bhd 7,350,000 0.69 25. Cheng Yong Kim 7,170,986 0.67 26. Lion Realty Private Limited 7,006,526 0.66 27. Citigroup Nominees (Asing) Sdn Bhd 6,201,828 0.58 CBNY for Dimensional Emerging Markets Value Fund 28. Citigroup Nominees (Asing) Sdn Bhd 5,427,765 0.51 CGML IPB for ASM Connaught House Fund LP 29. Citigroup Nominees (Asing) Sdn Bhd 4,376,041 0.41 CBNY for Emerging Market Core Equity Portfolio DFA Investment Dimensions Group Inc 30. CIMB Group Nominees (Asing) Sdn Bhd 4,189,179 0.39 Exempt AN for DBS Bank Ltd (SFS)

Note: ^ Excluding a total of 26,721,880 shares in the Company bought back by the Company and retained as treasury shares as at 30 September 2018.

Posted by 129055444514385 > 2019-02-25 15:47 | Report Abuse

good, parkson credit making money :)

The Group’s consumer financing business carried out by Parkson Credit remained strong with revenue and operating profit increasing to RM33 million (2017: RM27 million) and RM14 million (2017: RM11 million) respectively for the FYE 2018. During the financial year under review, Parkson Credit continued to show considerable progress in its consumer financing business by providing more choices and convenience of easy instalment repayment to its customers.

Posted by 129055444514385 > 2019-02-25 15:49 | Report Abuse

During the FYE 2018, our Hogan Bakery outlets have started to gain traction with increasing visitor traffic. With the opening of 3 new outlets at Jaya Shopping Centre in Petaling Jaya, IOI City Mall in Putrajaya and Leisure Mall in Cheras during the FYE 2018 and the latest at Mid Valley Megamall in Kuala Lumpur in August 2018, Hogan Bakery now has 7 outlets in Malaysia.

Posted by 129055444514385 > 2019-02-25 15:50 | Report Abuse

this could be dark horse this year :)

The “new retail”, a new concept that integrates e-commerce and physical retail stores seamlessly, has flourished in China, with tech giants investing actively in physical retail companies to expand their offline presence. While the emergence of “new retail” has brought increasing challenges to the entire retail industry in China, the Group sees ample opportunities and positive signs ahead, in view of the gradual recovery of the retail market there as evident by the steady Gross Domestic Product growth rate in China.
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.

Posted by 129055444514385 > 2019-02-25 15:51 | Report Abuse

:)

The Group’s efforts in optimising stores’ productivity and implementing cost rationalisation have yielded encouraging results which enabled the Group to register an operating profit of RM3 million for the FYE 2018 against a loss of RM142 million last year.
Overall, the Group reported a loss before tax of RM83 million for the FYE 2018 which included impairment losses on property, plant and equipment, an investment property, intangible assets, investments in associates and joint ventures, and receivables totalling RM89 million.
As at 30 June 2018, the Group’s total assets decreased by 8% to RM8,948 million whilst the Group’s total liabilities were reduced by 10% to RM5,340 million. During the financial year, the PRGL Group had fully settled the Notes with an outstanding principal amount of US$484.5 million maturing in May 2018 through new bank facilities. The Group’s net assets stood at RM2,234 million or RM2.09 per share (2017: RM2,391 million or RM2.24 per share).

Posted by parksonnewbie > 2019-02-25 17:28 | Report Abuse

Today up why ks55 busybody here? He sudah pokai until no money to buy share? Wakaka.

Posted by 8888_ > 2019-02-26 17:47 | Report Abuse

NTA still strong RM 1.95. Net cash 60 sen per share. Bank borrowings reduce.

Posted by birkincollector > 2019-02-26 18:14 | Report Abuse

Okla..didn't expect much lol

Posted by mach10 > 2019-02-26 18:53 | Report Abuse

ks55 always comes here for one thing : to talk down the share price.shame on you.

Posted by joetay7 > 2019-02-26 19:04 | Report Abuse

wonder where all the parkson diehards like yucaihacai r????

maybe going for bankruptcy proceedings.

lol..........

Posted by joetay7 > 2019-02-26 19:11 | Report Abuse

but yucaihacai, u been buying since 90sens.

what r u talking abt selling???

lol............

Posted by yucaihacai > Feb 13, 2019 04:21 PM | Report Abuse

Thanks kosong 55 sold me 0.235, 0.230 and 0.225. All sold at 0.250.

Posted by martinchua88332 > 2019-02-26 19:13 | Report Abuse

Prospects

The Group's Retailing Division will benefit from the higher consumer spending during the Chinese New Year festivities
in the coming quarter.

Posted by joetay7 > 2019-02-26 19:15 | Report Abuse

which planet u living on????

u never go in parkson lately??? there is no one buying????

lol.........

Posted by martinchua88332 > Feb 26, 2019 07:13 PM | Report Abuse

Prospects

The Group's Retailing Division will benefit from the higher consumer spending during the Chinese New Year festivities
in the coming quarter.

Posted by mach10 > 2019-02-26 21:27 | Report Abuse

ks55 M-Square 3 month lost rm 18 million.

talk with facts.18 mil loss in three months? was the mall burnt down?

Posted by birkincollector > 2019-02-27 09:23 | Report Abuse

hmm well supported....itchy to go in now

Posted by 129055444514385 > 2019-02-27 09:46 | Report Abuse

Be patient. :)

Parkson, which operates a network of 46 stores in 30 cities across China, said same-store sales (SSS) in the country contracted 3% in 1HFY19. Parkson’s operations in China contributed close about two-third of the group’s revenue.

“The retail market in China has seen slowdown amid macroeconomic headwinds resulting in Parkson China reporting a negative SSS growth of 3% during the period under review,” it said.

Despite this, Parkson China reported a marginally higher revenue of RM1.3bil for the six months ended Dec 31.

“The lower operating profit of RM29 million against RM32 million a year ago was mainly attributable to the negative SSS growth,” it said.

Meanwhile, Parkson Malaysia benefited from the buoyant consumer confidence resulting in a positive SSS growth of 5%. Operations, it said, reported a growth of 3% in revenue to RM522mil following the closure of underperforming stores.

“Savings arising from rationalisation of stores and improved operating efficiencies have resulted in operating loss narrowing considerably to RM1mil compared with RM15mil a year ago,” it said.

Parkson Malaysia has 45 stores as at Dec 31 with the opening of a new store in Sarawak in this quarter.
Read more at https://www.thestar.com.my/business/business-news/2019/02/26/retailer-parkson-hit-by-china-slowdown/#fedFrcKM0qsMdH7f.99

Posted by MK76 > 2019-02-27 10:02 | Report Abuse

Agreed on being patient. No doubt it has been declining. It has experienced the worse after decade long of decline.

Posted by AntiPondan > 2019-02-27 10:19 | Report Abuse

yucaihacai where? He pondan true?

Posted by cheng3333 > 2019-02-27 10:49 | Report Abuse

Parkson will put up a good show in the coming quarter especially those stores in CHINA.definitely a good surprise.buy this stock before it is too late.consider this a profit guidance.

Posted by 5354_ > 2019-02-27 10:49 | Report Abuse

KLCC Suria close but after booking 30% 2019 sales from 2 months why is bad for Parkson?

Posted by 5354_ > 2019-02-27 10:56 | Report Abuse

Do Parkson shoppers shop bec ex-CEO, CFO was in PRA, PRGL? W/o them why can become worse?

Posted by kasinathan > 2019-02-27 11:01 | Report Abuse

WC have got wrong philosophy in running his business :

- wrong focus in business and trusting the old generals whom have obselete ideas in on-line business model.

I had read the 2018 annual report but just dissapointed to find out he only focus vague idea in growing the top line figures without outlining his concreate core strategy. Obviously, Parkson is lacking in new ideas in conquering e-commerce business and surmounted without the first class executers within the group.

Given that scenario, Worse is yet to come!!!

Posted by speakup > 2019-02-27 11:18 | Report Abuse

https://klse.i3investor.com/blogs/PublicInvest/195333.jsp
after this nobody cover parkson anymore.
parkson joining the ranks of Hankyu jaya, Chujitsu

Posted by parksonnewbie > 2019-02-27 12:21 | Report Abuse

Hankyu Jaya not belong to Japanese where got same? Japanese close shop M'sians can takeover ma.

Posted by 1431599283521664 > 2019-02-27 12:22 | Report Abuse

most of those who left Parkson has join Sogo

Posted by parksonnewbie > 2019-02-27 12:22 | Report Abuse

Semua pondans? Why cannot attack speakup ctrs?

Posted by parksonnewbie > 2019-02-27 12:25 | Report Abuse

Nobody read Sarawak open more Parkson? Close in KLCC cannot find another Parkson nearby true?

Posted by parksonnewbie > 2019-02-27 12:28 | Report Abuse

I guess IBs' is con type. Cheap ctrs earn less commision so no point cover make sense? Why PBB no cover Hib at 20 sen? Maybe speakup work there?

Posted by birkincollector > 2019-02-27 21:14 | Report Abuse

hmm..dont be surprised if Parkson goes up from now......lol

Posted by MK76 > 2019-02-28 06:08 | Report Abuse

I invested small amount only in Parkson recently. At 24 cents, the most is it becomes 0, but there are many more cents higher than 24 cents. I will take the risk. :)

Posted by 129055444514385 > 2019-02-28 10:40 | Report Abuse

If possible, list parkson credit like aeon credit one day :)

http://www.parksoncredit.com.my/

Posted by 5354_ > 2019-02-28 11:44 | Report Abuse

Why cannot find Parkson Credit in Parkson store? Ipoh cover northern region? Why Penang/Kedah don't have?
http://www.parksoncredit.com.my/news-2018-mar.php?l=en#ipoh-parkson

Posted by 118118 > 2019-02-28 16:21 | Report Abuse

Why james88 only here? Pokai no money to buy shares?

Posted by yucaihacai > 2019-02-28 17:05 | Report Abuse

bought 230, sold 240. Thanks James888 dan kosong 55 dan J7 sing down 5657

Posted by birkincollector > 2019-02-28 17:05 | Report Abuse

Interesting. Seems like someone collecting

Posted by 129055444514385 > 2019-03-01 07:57 | Report Abuse

Hopefully, parkson credit will be listed like aeon credit for maximising shareholders' value :)


KUALA LUMPUR: Parkson Holdings Bhd is divesting a 70% stake in its wholly-owned hire purchase unit, Parkson Credit Sdn Bhd, to Hong Kong-listed subsidiary Parkson Retail Group Ltd for RM49 million.

In a filing with Bursa Malaysia yesterday, Parkson Holdings said its wholly-owned subsidiary Parkson Credit Holdings Sdn Bhd has entered into a sale and purchase agreement to dispose of a 70% stake in Parkson Credit, to Parkson Retail’s wholly-owned subsidiary Oroleon (HK) Ltd.

Parkson Holdings owns a 54.97% stake in Parkson Retail.
https://www.theedgemarkets.com/article/parkson-holdings-sells-70-stake-parkson-credit

Posted by yucaihacai > 2019-03-01 14:03 | Report Abuse

parking to buy 0.23 and lower. kosong 55, J88, J7 pls continous sing down 5657

Posted by birkincollector > 2019-03-01 17:08 | Report Abuse

Everyday before closing someone push up to 0.24. Hmm....

Posted by birkincollector > 2019-03-03 09:35 | Report Abuse

public bank at 0.400 lol

Posted by parksonnewbie > 2019-03-03 15:24 | Report Abuse

Why ks55 and james88 dare not answer me? Idiots cannot read people postings? Why must people read his postings?

Posted by Parkson888888 > 2019-03-03 15:31 | Report Abuse

PRA, PRGL CFO, CEO gone so next QR 4 people high salary staffs no more.

Posted by parksonnewbie > 2019-03-04 04:40 | Report Abuse

129055444514385 I agree Parkson Credit is profitable and Parkson should grow their business. Why isn't Parkson expanding their business like Aeon Credit? Why only have 3 locations Parkson Credit and not more eg in Penang, Sabah, Sarawak or states like Malacca, Negeri Sembilan, etc?
http://www.parksoncredit.com.my/contact-our-location.php?l=en


129055444514385 Hopefully, parkson credit will be listed like aeon credit for maximising shareholders' value :)

KUALA LUMPUR: Parkson Holdings Bhd is divesting a 70% stake in its wholly-owned hire purchase unit, Parkson Credit Sdn Bhd, to Hong Kong-listed subsidiary Parkson Retail Group Ltd for RM49 million.

In a filing with Bursa Malaysia yesterday, Parkson Holdings said its wholly-owned subsidiary Parkson Credit Holdings Sdn Bhd has entered into a sale and purchase agreement to dispose of a 70% stake in Parkson Credit, to Parkson Retail’s wholly-owned subsidiary Oroleon (HK) Ltd.

Parkson Holdings owns a 54.97% stake in Parkson Retail.
https://www.theedgemarkets.com/article/parkson-holdings-sells-70-stake...

Posted by AeonNext > 2019-03-04 08:54 | Report Abuse

Parkson Credit next Aeon Credit? Buy more when ks55, james88 sell cheap.