PARKSON HOLDINGS BHD

KLSE (MYR): PARKSON (5657)

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Last Price

0.185

Today's Change

+0.01 (5.71%)

Day's Change

0.185 - 0.19

Trading Volume

3,679,700


15 people like this.

13,051 comment(s). Last comment by 5354_ 20 hours ago

Leesk

340 posts

Posted by Leesk > 2019-12-10 14:10 | Report Abuse

Parkson don't have monies to buy Tesco

Parkson18

167 posts

Posted by Parkson18 > 2019-12-12 08:04 | Report Abuse

Shareholders here very lousy. One good news also cannot see? I so long no posts you all cut loss is it?

Parkson18

167 posts

Posted by Parkson18 > 2019-12-12 08:10 | Report Abuse

Maybe when Anwar PM he allow Parkson takeover Tesco at RM 1? Parkson will merge with Tesco? Overseas retailers(incl Tesco?) 1 by 1 close not locals. Eg in past is Hankyu Jaya, Carrefour, etc.

Parkson18

167 posts

Posted by Parkson18 > 2019-12-12 08:11 | Report Abuse

Even PRGL now can sell groceries.

Parkson18

167 posts

Posted by Parkson18 > 2019-12-12 08:12 | Report Abuse

PRGL up why nobody can see?
https://www.bloomberg.com/quote/3368:HK

newbie5354_

1,304 posts

Posted by newbie5354_ > 2019-12-12 12:09 | Report Abuse

Ecoworld forumers said judge ks55 on buy Ecoworld at 45 sen comments how abt ks55 comments here how to judge? I need reply since I am newbie. Even ks55 condemned me.

newbie5354_

1,304 posts

Posted by newbie5354_ > 2019-12-12 12:33 | Report Abuse

Tesco UK will pay special dividend after selling out? Why Parkson cannot?

Posted by parksonnewbie > 2019-12-12 14:46 | Report Abuse

Mamee try to relist back by RTO Khee San. Why not DIY, Mydin, The Store, etc do the same on Parkson?

kyosan

786 posts

Posted by kyosan > 2019-12-13 09:33 | Report Abuse

Parkson being sedut their lui by Lion group loor.... need new shareholder to know where's the expenses go...with $1bil+ revenue every qtr this parkson...

Kedahan

628 posts

Posted by Kedahan > 2019-12-19 15:38 | Report Abuse

PRA, PRGL up nobody from i3 know?
https://www.etnet.com.hk/www/eng/stocks/realtime/quote.php?code=3368

Hidup_Anwar

1,010 posts

Posted by Hidup_Anwar > 2019-12-20 15:34 | Report Abuse

WC got seat beside Anwar when CNY? 21.5 sen Parkson happy with Tun/LGE?

Hidup_Anwar

1,010 posts

Posted by Hidup_Anwar > 2019-12-20 15:35 | Report Abuse

Stock mkt bad how can Parkson biz good logical?

Hidup_Anwar

1,010 posts

Posted by Hidup_Anwar > 2019-12-20 15:42 | Report Abuse

If make RM 100K from stock market spend RM 1K more in Parkson possible? Under Tun got hope or need Anwar PM?

lambsauce

332 posts

Posted by lambsauce > 2019-12-26 17:46 | Report Abuse

PKNS sues Parkson over alleged failure to pay rent for retail space in Bangi mall
https://www.theedgemarkets.com/article/pkns-sues-parkson-over-alleged-failure-pay-rent-retail-space-bangi-mall

sell

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2019-12-27 08:26 | Report Abuse

A closer looks:
Positive: looks like abundant cash. High NTA hopefully not like london biscuits which turned into negative just in one quarter.

Negative: Faded business potential as retail market landscape changed totally but management and bod is too slow in response. HK business (HK parkson used to be above HK80, now less than 0.70) is expected to hit badly by non stop riots and significant weakening economy arising from the riots. Ability to raise MYR 2.1 b in HK is not a good news. Spore parkson is already under the watch list due to 3 years consecutive losses. Business in other countries most likely with poor if not poorer results. Management and bod incompetent to deliver under the current environment. As in Selangor, already highlighted as above.

Nonetheless, price is low for trading opportunities.

Leesk

340 posts

Posted by Leesk > 2019-12-27 10:38 | Report Abuse

parkson only have bad news , no good news.REALLY NEED A CHANGE OVER MANAGEMENT. William Cheng and family members should not in management. let professional run the show

5354_

4,809 posts

Posted by 5354_ > 2019-12-27 16:40 | Report Abuse

MyTown Parkson closing after CNY nobody hear?

Leesk

340 posts

Posted by Leesk > 2019-12-27 17:02 | Report Abuse

it is bettered for William Cheng to liquidate Parkson rather than closing down store one by one on slow death.

yoyo

499 posts

Posted by yoyo > 2019-12-28 11:44 | Report Abuse

I chao first at 18.28% loss... will come back again if got improvement sign

Posted by Smallretailer > 2019-12-28 23:20 | Report Abuse

Better be quick to run away.coming opening dont know how far down will go

PH_1_term

190 posts

Posted by PH_1_term > 2019-12-30 12:46 | Report Abuse

Parkson to shut MyTOWN store?
https://www.theedgemarkets.com/article/parkson-shut-mytown-store

PH_1_term

190 posts

Posted by PH_1_term > 2020-01-03 12:10 | Report Abuse

Good govn will provide more jobs unlike PH.

i Alien

48 posts

Posted by i Alien > 2020-01-03 13:20 | Report Abuse

company re strategy all the retailing in malaysia, focusing on profitable location, close down losing profit one, BUT should add more feature like online shopping/ Rebrading Parkson as high class mall.

newbie5354_

1,304 posts

Posted by newbie5354_ > 2020-01-16 14:52 | Report Abuse

Nobody read TS Cheng Yong Kim bought more? Most here before cut loss?

Hidup_Anwar

1,010 posts

Posted by Hidup_Anwar > 2020-01-20 14:53 | Report Abuse

William Cheng can advise Anwar be PM asap coming CNY? Kimanis loss still not enough?

poorkid

225 posts

Posted by poorkid > 2020-01-28 10:16 | Report Abuse

China man made poorer by virus(Coronavirus) not Parkson why nobody think? Buy more.

poorkid

225 posts

Posted by poorkid > 2020-01-28 10:32 | Report Abuse

Wear more jacket, cloth, shirt can prevent coronavirus attack especially for China man. PRGL should gain.

Posted by Thinkcarefully > 2020-01-31 20:22 | Report Abuse

NAPS is 1.7. True or not.Anyone can confirm?
Then better close shop and distribute to shareholders

Posted by IloveMalaysia > 2020-02-03 09:34 | Report Abuse

Bought at 18-18.5. Nobody think China man must wear more shirt to protect from Coronavirus?

lion188

110 posts

Posted by lion188 > 2020-02-10 21:03 | Report Abuse

Lion Group to invest RM100mil in several projects in Sabah
https://www.thestar.com.my/business/business-news/2020/02/10/lion-group-to-invest-rm100mil-in-several-projects-in-sabah

ubaL taM

120 posts

Posted by ubaL taM > 2020-02-10 21:14 | Report Abuse

ParkChanHo_son

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-02-15 11:48 | Report Abuse

London bis NTA used to be above $1, only a quarter turn into negative. As for this, cash seems to be alright but prospect remains dim whether got virus or without. Chief is too old in short.

Lam LH

302 posts

Posted by Lam LH > 2020-02-20 12:38 | Report Abuse

coming soon to close 4 more stores. evo bangi, terminal 1 seremban, holiday plaza jb and maybe nu sentral due to negotiation of rental. maybe still will be loosing money for the next few quarters BUT i started buying to keep. with all the loosing money strores closed maybe can turn around.

ahkiang

57 posts

Posted by ahkiang > 2020-02-21 12:22 | Report Abuse

ok hoot , all in

yoyo

499 posts

Posted by yoyo > 2020-02-21 12:48 | Report Abuse

wait til next QR out then see, could be worse due to Covid 19

vinc3nt

407 posts

Posted by vinc3nt > 2020-02-26 17:25 | Report Abuse

wow net profit 81m

yoyo

499 posts

Posted by yoyo > 2020-02-27 17:23 | Report Abuse

net profit 81m? am i seeing the wrong figure in system? i saw net loss 81m

5354_

4,809 posts

Posted by 5354_ > 2020-02-28 03:43 | Report Abuse

Why up?

kennean

87 posts

Posted by kennean > 2020-03-03 11:44 | Report Abuse

I doubt on right of use assets ?
It suddenly state at B/S as assets for RM 3178 Mil (Dec 19).
Why didn't adjust the NTA ?
This is will charges off as deprecition every quarter as much as RM 115 Mil due to SFRS(1) 16 lease impact.
How do profit for this business ?
But, it can reduce tax pay and improve cash flow in long term.
It never show profit in their accounts.
Is this counter consider good (with valuable property and cash) but loss in accounts) ?

Lam LH

302 posts

Posted by Lam LH > 2020-03-04 16:37 | Report Abuse

last time this i3 use to be so active..

Leong966

83 posts

Posted by Leong966 > 2020-03-10 09:48 | Report Abuse

OMG only 14 cents.

Posted by Parkson888888 > 2020-03-10 10:47 | Report Abuse

Add more 13.5-14 sen. Be greedy when others fearful-Warren Buffett.

AntiPondan

199 posts

Posted by AntiPondan > 2020-03-17 15:01 | Report Abuse

Nobody here bec they cut loss 9-10 sen?

AntiPondan

199 posts

Posted by AntiPondan > 2020-03-17 15:02 | Report Abuse

Lockdown tomorrow supermarket open no1 in i3 aware? Factory close tomorrow they can go Parkson shopping.

Posted by enigmatic ¯\_(ツ)_/¯ > 2020-03-18 11:57 |

Post removed.Why?

Leesk

340 posts

Posted by Leesk > 2020-03-18 22:49 | Report Abuse

now company which is cash rich should buyback shares

ming

2,087 posts

Posted by ming > 2020-03-18 22:50 | Report Abuse

Fake cash rich

Posted by enigmatic ¯\_(ツ)_/¯ > 2020-03-19 16:12 | Report Abuse

What do you mean by fake cash rich?

Leong966

83 posts

Posted by Leong966 > 2020-03-20 17:15 | Report Abuse

No matter what happens. I don’t think Parkson will go bust. In Malaysia there are only 2 main departments stores. Parkson and Aeon. They operate in big city. If Parkson is in trouble, definitely ther will be some group taking over.

Posted by DreamKentut > 2020-03-20 17:20 | Report Abuse

Sure bankrupt

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