Posted by wonglc > 2014-05-17 00:48 | Report Abuse

Alamak patutlah the price drop dam dashyat. Tq for the info. Most opinion poorly rated parkson recommend sell or hold. However parkson buy back its share since last year.total accumulated todate about 26million. What does this imply?

Posted by AdCool > 2014-05-18 18:12 | Report Abuse

The previous buy back was to give bonus shares. As for this round, not sure what's the objective. On 16 May, the company has spent around RM 3.6 million for shares buy back. The accumulated % now of treasury share is at 2.54%

Posted by pro_trader > 2014-05-19 10:37 | Report Abuse

2.70 already, 52 weeks low is 2.67, almost there !!!

Posted by AdCool > 2014-05-19 10:57 | Report Abuse

Releasing Q1 result this 22nd May. Gonna drop further once the results are released.

Posted by kuengkucheng > 2014-05-19 20:59 | Report Abuse

yes,,drop more..

Posted by jonatlau79 > 2014-05-20 13:16 | Report Abuse

Wait until its buy back to 10% .... then will be better timing to enter this counter......

Posted by jonatlau79 > 2014-05-20 13:16 | Report Abuse

T/P RM2.40

Posted by Wai Hong Chan > 2014-05-20 13:25 | Report Abuse

not time yet

Posted by AdCool > 2014-05-20 13:55 | Report Abuse

Wait for the quarterly report first...

Posted by chang0509 > 2014-05-20 22:16 | Report Abuse

http://www.nanyang.com/node/622333?tid=462

Posted by Leesk > 2014-05-21 09:22 | Report Abuse

why keep on dropping? Buyback lah William cheng

Posted by tshwong > 2014-05-21 10:30 | Report Abuse

Expected quarter result is not good, share price eventually has to follow its performance. With no share buy recently, its price should drop further down. Bottom still not yet reach.

Posted by benson911 > 2014-05-21 10:31 | Report Abuse

Target RM2, possible?

Posted by tshwong > 2014-05-21 11:24 | Report Abuse

Unlikely RM2. Can start collect when it reach 2.5, then be prepared to buy in again in different price stage, otherwise you may just missed the boat. Or better waited till the quarter results are out, poor results will further pressing down the price, buy low sell high never go wrong.

Posted by davidkkw79 > 2014-05-21 11:25 | Report Abuse

wait it down to RM 1

Posted by AdCool > 2014-05-21 13:10 | Report Abuse

This counter would probably need another 2 quarters to recover and see positive trend. It s disappointing to see how a share from RM6 reduce until the current price of 2.70. It has been almost 2 years since the down trend and yet it hasn't stop. Guess Parkson really need a thoroughly self check to assess how it could stop going downtrend further.

Posted by Goldenpointer > 2014-05-21 15:38 | Report Abuse

2.66, 52 weeks new low, yes, not just buy back own shares, agreed with AdCool

Posted by USApg > 2014-05-21 16:48 | Report Abuse

alibaba will destroy parkson in china...

Posted by maradonut > 2014-05-21 17:16 | Report Abuse

Why everyday treasury is buying? Any comments anyone.

Posted by lching > 2014-05-21 17:18 | Report Abuse

poor icapital.....

Posted by HowIn > 2014-05-21 17:19 | Report Abuse

when is quarter report out?

Posted by AdCool > 2014-05-21 18:11 | Report Abuse

22nd May Q1 2014 results out. Looking at PRA and PRG results, Q1 2014 results gonna be weaker than Q1 2013 results. Next, the analysis will all recommend Sell and hence the drop again.

Posted by tshwong > 2014-05-21 22:04 | Report Abuse

Good. No wonder today hit new low. Looking forward fot it to break below 2.5. I had being waiting for this day quite some time already. For me, waiting for a counter to drop sometime take as long as waiting for a counter to rise.

Posted by Goldenpointer > 2014-05-22 09:57 | Report Abuse

another new low at 2.63, look like below 2.50 is not something impossible

Posted by AdCool > 2014-05-22 10:37 | Report Abuse

tshwong, why are you aiming for 2.50? you see the potential of it going uptrend in near future?

Posted by jeannie > 2014-05-22 11:12 | Report Abuse

what potential they have in Parkson...looks like its not performing much..sad sad :(

Posted by tshwong > 2014-05-22 15:26 | Report Abuse

With this kind of dropping rate, it may violate 2.40 soon. I think the worst is coming. It will down first before rise up. So, let it find the bottom first, then it's safe to buy in.

Posted by tshwong > 2014-05-22 15:35 | Report Abuse

Quarter results must be ugly, anticipated further downturn. Better stayed at sideline first. Don't catch the falling knife, just not yet.

Posted by AdCool > 2014-05-22 16:22 | Report Abuse

I have been averaging since it is down to RM4, then I waited and thought it would be bottom tank at RM3.50 and I average more. Then at RM3 and now we are looking at RM2.50. Think this time i will wait for RM2 first. :)

Posted by benson911 > 2014-05-22 17:32 | Report Abuse

Adcool, mine to share your average price? Will u buy more? Thanks.

Posted by rlch > 2014-05-22 18:28 | Report Abuse

EPS 5.25sen better than last 3 quarters. Bought some today for 2nd round purchase.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1630389

Posted by hwang112 > 2014-05-22 21:17 |

Post removed.Why?

Posted by rlch > 2014-05-23 07:35 | Report Abuse

Despite spending so much money buying back its own shares, Parkson still over RM1billion net cash. Expect shares buyback to keep continue.

Posted by jonatlau79 > 2014-05-23 08:13 | Report Abuse

Why This Year No Dividend ?

Posted by rlch > 2014-05-23 14:11 | Report Abuse

Cash dividend is replaced by 6% share dividend which is equally rewarding.

Posted by rlch > 2014-05-23 18:33 | Report Abuse

Shares buy back reach 3% today just about 2 months after declaring share dividend 6%. Can declare share dividend 3% as at today.

Posted by chang0509 > 2014-05-25 00:54 | Report Abuse

Parkson is undervalue now. Keep it for 5-10 years. Growth and earning potential is high.

Posted by speakup > 2014-05-25 09:19 | Report Abuse

Actually the share dividend was way better than the cash dividend

Posted by AdCool > 2014-05-26 00:04 | Report Abuse

I don't think it's a wise choice to keep averaging in Parkson as it is still falling. I won't change my position in Parkson until Q2 2014 report is out in August 2014. Expecting another round of price falling by then.

My current avg is 3.40

Posted by chang0509 > 2014-05-26 19:57 | Report Abuse

Not gv up hope for parkson. Future is bright as it manage and own the mall itself, Somemore the in house brands will increase its profit margin definitely. Judge Urself before buying.

Posted by tshwong > 2014-05-27 00:12 | Report Abuse

Changed to manage their own mall was a good strategy. Let see how it turn out in 2-3 years time. 2.2 to 2.4 probably is a good entry price.

Posted by mastermarcus > 2014-05-27 09:53 | Report Abuse

Around rm2.2 you can entry and if it is fall below rm2...anytime can enter to dollar cost averaging.

Posted by Goldenpointer > 2014-05-27 15:25 | Report Abuse

i think below 2.50 is good entry point

Posted by Lai Kim Chuan > 2014-05-27 22:55 | Report Abuse

The fall of share price recently is due to poor performance of the company but it should have been price in. It should rebound very soon. Still have faith on this Parkson.

Posted by jolie2 > 2014-05-27 22:57 | Report Abuse

this PARKSON stock can PARK for your SON generation if you bought it.

Posted by PN17 > 2014-05-28 10:16 | Report Abuse

parkson soon break below RM2.20

Posted by samsung555 > 2014-05-28 10:37 | Report Abuse

already trade below its NTA, and share buy back still keep going on Tongue....

Posted by rlch > 2014-05-28 22:52 | Report Abuse

When can Parkson drop to RM2.2 or 2.4 as someone wish?

Posted by tshwong > 2014-05-29 06:54 | Report Abuse

Only 21 cents to fall into the safety net, it's really worth the wait. For Parkson recent moving trend and short term fundamental outlook, the chances to get there is high. I can wait.

Posted by sunztzhe > 2014-05-29 11:35 | Report Abuse

Just wondering aloud...
What is current buying behavior and what will be the future buying behavioral trend of the internet savvy young generation in China, Indonesia, Vietnam, Malaysia or elsewhere? Would they still go to departmental stores, get stuck in traffic jams, burn petrol, waste time stuck in traffic jams to buy at higher prices at Departmental stores or would they go to internet to buy same goods at lower prices and get it delivered to their doorstep?