Posted by jackson007 > 2014-05-29 20:30 | Report Abuse

Going "shopping" in departmental stores is an excuse to get out of the house for families and individual in developing and developed countries.

Posted by rlch > 2014-05-29 21:47 | Report Abuse

Why Parkson as a "shopping" stock is not liked here? Tesco, Giant is not listed in Malaysia whereas Aeon is so expensive. The Store-more expensive than Parkson and dividend not good. Parkson is also a growth stock as more shopping mall open every year. Parkson online-anyone here try before?

Posted by hng33 > 2014-05-30 16:59 | Report Abuse

Bought Parkson at 2.58

Posted by Ant > 2014-05-30 21:41 | Report Abuse

Go in when 2.0

Posted by Ayam126 > 2014-05-31 01:48 | Report Abuse

WHY NO DIVIDEND?

Posted by mewtwo > 2014-05-31 10:51 | Report Abuse

feel that parkson is less preferable by young generations as most stuff selling in parkson could be available in aeon,and mostly revenue of parkson is through older generation and in the future, i believe parkson will not be able to survive in the market

Posted by Clayton > 2014-06-01 21:48 |

Post removed.Why?

Posted by stockcrazy > 2014-06-02 10:00 | Report Abuse

the graph is down trend... so please let it alone...

Posted by AdCool > 2014-06-02 11:18 | Report Abuse

I noticed new brands and design brought in by Parkson. There are more choices and selections for apparels. However, Parkson approach does not appear for the mass market as in term of pricing, AEON is much more competitive.

This could due to the quality and generic brand that AEON is carrying. I believe that Parkson is focusing on the more affluent groups of consumers and looking at the economic trend, more successful young executives would rather shop at Parkson or Isetan. But for families, AEON and Metrojaya are still the choice.

It s just like Giant, Tesco and Aeon Big (previously Carrefour) competing with each other. But the likes such as Jaya Grocer, Cold Storage and Jusco Hypermarket are nt competing with Giant, Tesco and Aeon Big. They are focusing on the upper market offering different products.

Else not, why Aeon went in and bought Carrefour and renamed it as AEON Big at the first place since they already have Jusco Hypermarket. It s part of the strategy to capture different markets.

Posted by Goldenpointer > 2014-06-02 12:26 | Report Abuse

immediate support 2.50, 52 weeks low 2.51

Posted by tshwong > 2014-06-02 12:34 | Report Abuse

Downtrend is forming with today extremely high volume @12 millions+, half time only. Look like big funds are 'cutting loss' due to its poor short term outlook. Still early to do bottom fishing.

Posted by tshwong > 2014-06-02 12:36 | Report Abuse

Be alert to stay sideline to preserve your capital. Don't catch the falling knife, just not yet.

Posted by AdCool > 2014-06-02 14:02 | Report Abuse

Parkson is buying back its shares again. From 16 May - 29 May, a total of 10523000 shares were bought back for a total purchase of 28.2 million.

Posted by AdCool > 2014-06-02 14:05 | Report Abuse

Agree with tshwong....save your capital and wait for Q2 announcement in August 2014.

Posted by necro > 2014-06-02 23:40 | Report Abuse

Hurmmmm...
Which 1?...
1. RM2.50 FISHING

OR

2.RM1.80 FISHING

???

Posted by AdCool > 2014-06-03 16:09 | Report Abuse

Can smell 2.50 coming....

Posted by JimYeoh > 2014-06-04 16:39 | Report Abuse

almost there..but still choose to wait till end of august

Posted by AdCool > 2014-06-05 11:15 | Report Abuse

Finally it's 2.49. I agree JimYeoh and to wait until the Q214 results is out in August.

Posted by Win188 > 2014-06-05 14:38 | Report Abuse

http://klse.i3investor.com/servlets/ptres/23117.jsp
Public bank TP : RM3.42, return more than 30% plus share buy back aggressively
Happy investing!

Posted by my101home > 2014-06-05 15:30 | Report Abuse

haha... Win188, don misleading other people. In fact Public bank is the only research house give it a BUY call. TA, RHB, Kenanga & AMMB are all placing a SELL call.

Posted by benson911 > 2014-06-05 17:49 | Report Abuse

China market is very tough, who knows Alibaba may checkmate Parkson in China. If u look carefully, famous brand all got own outlet and thus without the need of Parkson's store for marketing purpose. Parkson can survive may be if follow Aeon step ( open more own shopping mall like the one in Setapak as did by Parkson).

Posted by chang0509 > 2014-06-05 23:17 | Report Abuse

I capital still holding its share

Posted by AdCool > 2014-06-06 00:22 | Report Abuse

Analyst reports shouldn't be viewed that seriously. Just look at their previous calls. Such a big difference in gap in term of Target Price. They too look at the quarterly results to do their analysis.

Posted by saufi74 > 2014-06-06 09:36 | Report Abuse

Getting lower and lower..

Posted by saufi74 > 2014-06-06 09:41 | Report Abuse

Collect some for mid and long term investment..

Posted by ari5 > 2014-06-06 09:51 | Report Abuse

It doesn't cost much for Parkson to sell online like Alibaba. I wonder why they don't do that.

Posted by chang0509 > 2014-06-06 12:23 | Report Abuse

Parkson is doing online la. I have tried its service. Quite efficient

Posted by HowIn > 2014-06-06 13:24 | Report Abuse

if unfortunately as what YTL Francis Yeoh said, within this few years happen financial crisis, ..
Parkson price may hard to rebound back to RM3.5/4 above, then all the funds of share buy back may hang.. cant resell in high price..

Posted by sunztzhe > 2014-06-06 13:43 | Report Abuse

Parkson's management decision on share buybacks to slow down the slide in its share price is an indication that the management has no better idea on using the cash to add further value to its business model and this may not be viewed positively by any investor. The slide in the share price is also indicating that its business fundamentals is deteriorating.

The way forward is for management to come forth with a revitalized business strategy that can add greater value to its future business.

Posted by AdCool > 2014-06-07 00:55 | Report Abuse

The strategy now is to build more malls and operate on its own rather than lease the space from others. On other hands, to further expand in countries such as Vietname, Myanmar and Indonesia whereby the market isn't saturated yet for retails store such as Parkson. Besides that, I get to know that they are trying to build and develop up a Parkson own brands on Apparels.

Posted by jolie2 > 2014-06-07 11:44 | Report Abuse

parkson is a cina-apek brand.
you can still build more malls but the brand name is still not strong as it become more saturated.
You need some ceo with international exposure especially some gwei-lo to build the brand.

Posted by tshwong > 2014-06-09 09:47 | Report Abuse

@rich, my wish has come true as Parkson already fall below 2.40. You got any wish? My bullets are fully loaded and ready, just wait now.

Posted by HowIn > 2014-06-09 09:50 | Report Abuse

urs target enter price is?

Posted by saufi74 > 2014-06-09 09:52 | Report Abuse

Accumulate again..see how the games go..

Posted by Goldenpointer > 2014-06-09 09:59 | Report Abuse

agreed with sunztzhe

Posted by Ooi Chee Meng > 2014-06-09 10:34 | Report Abuse

sell or buy?

Posted by Win188 > 2014-06-09 10:55 | Report Abuse

Buy...

Posted by jolie2 > 2014-06-09 12:41 | Report Abuse

this william cheng already 70 years old. Why he still want to sit at the top and still drive parkson? He should pass the baton to young people as young people have more idea . If not, parkson will turn into a very "old" depatrment store similar to those in 1970s "emporium supermarket".

When you are in retail business, you need to be creative ,innovative and also competent in computer knowledge. Old people tend to be very stubborn and only believe his on way of doing work.
No offense to all those elderly people, but it is a fact.

Posted by JimYeoh > 2014-06-09 15:11 | Report Abuse

waiting at 2.00

Posted by benson911 > 2014-06-09 15:21 | Report Abuse

Those averaging down from 6++ until now 2++, really no eye c.........bleeding profusely....

Posted by Win188 > 2014-06-09 16:08 | Report Abuse

I-CAPITAL manage by Tan Teng Boo still holding the share of Parkson...

Posted by chang0509 > 2014-06-09 23:52 | Report Abuse

Win188. Where do u get the news ?

Posted by PN17 > 2014-06-10 10:01 | Report Abuse

Parkson everyday dropping, no point to keep the share, i think cut loss is the best solution

Posted by AdCool > 2014-06-10 10:17 | Report Abuse

It will continue to drop until the next release of quarterly report in August 2014. Then it should drop further before breaking even at Q3 whereby the results should be stabilized by then comparing to YoY.

The thing to note is Parkson is still making profit but lesser due to China and Vietnam. 2011 and 2012 were such an aggressive growth in China and no doubt the consumer spending was much higher than now. The expectation was too high for Parkson.

If you can't keep this counter for long term, better cut loss now. Or if you can wait until August and start accumulating some in September and wait for the uptrend to recover some losses.

Else, keep for long term for its dividend and potential growth. For now, my personal opinion is to HOLD until August and September before buying.

Posted by Goldenpointer > 2014-06-10 12:20 | Report Abuse

well said AdCool, i'm waiting for the the best timing to buy my 1st lot, but will GST affect the peformance of the local business is my main concern

Posted by Goldenpointer > 2014-06-10 12:22 | Report Abuse

i think AMMB TP of 2.20 is fair, below 2.20 is attractive to me

Posted by benson911 > 2014-06-10 12:22 | Report Abuse

Waiting at RM2....

Posted by jolie2 > 2014-06-10 12:27 | Report Abuse

those who still held parkson share, pls don;t cry. You can redeem free voucher from parkson. Make sure you being your share certificate for redemption.
The voucher only can be used on sunday only 3.00 am - 4.00 am during world cup season.

Posted by zuolun > 2014-06-10 14:54 | Report Abuse

Goldenpointer, Parkson is extremely oversold at RM 2.35 now. Based on TA, should the selling pressure pause at the FIBO level at RM 2.27 (which is quite near the AMMB TP of 2.20) and price moves sideway; expect a technical rebound to RM 2.60 - Rm 2.65. Note: A dead cat bounce is an opportunity to sell on strength because after it's done, the downside prevails.

Posted by Leesk > 2014-06-10 14:55 | Report Abuse

Am not sure who is selling?but if the seller is william cheng, it would appear as anouncement in substantial shareholdings