Posted by Leong966 > 2020-03-20 17:49 | Report Abuse

I as a supplier of both Aeon and Parkson knows more than anyone of you here. Parkson payment is still very prompt. The trouble they get into for the last few years is created by one of their top management. He has already been terminated. This guy sign up a few bad locations which most of it been closed down.

Posted by Loh Kok Wai W > 2020-03-21 21:19 | Report Abuse

pn 17 counter.

Posted by stkstudent > 2020-03-22 14:59 | Report Abuse

Parkson's William Cheng voices concerns on business prospects
https://www.theedgemarkets.com/article/parksons-william-cheng-voices-concerns-business-prospects

Posted by onlyhuat888 > 2020-03-22 17:38 | Report Abuse

economy good this company difficult ,now shopping cannot operating....

Posted by enigmatic ¯\_(ツ)_/¯ > 2020-03-23 10:25 | Report Abuse

Parkson doesn't seem to be able to rebound in short term.

If China shops are closed, and Msia shops are closed for 2 weeks, the impact will be huge.

Can maintain previous quarter report losses would be good enough.

Posted by Undi_PKR > 2020-03-23 10:51 | Report Abuse

Everything worse under PN backdoor govn ie Covid19, stock market.

Posted by Jeffreyteck > 2020-03-23 11:41 | Report Abuse

Recently visited parkson Laos, nice building, finger counts customers around 11 am. About 3 years ago, commented its Danang branch. Positive is cash looks abundant and high nta but chief already voiced concerns on its prospects. Price looks attractive 0.075, cheap but is it good?

Posted by freddiehero > 2020-03-23 15:55 | Report Abuse

r u enof for mario jumping jumping?

Posted by Leesk > 2020-03-23 21:39 | Report Abuse

the risk now will parkson able to survive covid 19 episode. Got monies to pay rent and all the workers???

Posted by ks55 > 2020-03-24 10:29 | Report Abuse

Not just 怕胜, each and every meow-meow going to close shop.

Posted by 5354_ > 2020-03-25 15:06 | Report Abuse

WC pls close more stores bec 1 mth MCO. No choice. Previously cannot bec got sales now 1 mth MCO how to survive?

Posted by 5354_ > 2020-03-25 15:15 | Report Abuse

1 mth MCO can get free rental 1 mth? If cannot why not close stores?

Posted by Patrick_TheBull > 2020-03-25 16:06 | Report Abuse

6.5-7 buy more. PRA, PRGL up why nobody aware?

Posted by kennean > 2020-03-25 21:58 | Report Abuse

I think UJ throw 20% from his stake, still got 80 mil are waiting ?
WC voice it to make it drop faster like no defender.
UJ difficult to throw out.

Must make small bound then throw again.

Why no announcement ? ie LionInd, WCT, MMC MCT.
same pattern !!

UJ use Malaysia ringgit to collapse the counter.
Our geniuses -> MALAYSIA BOLEH !!!

UJ cost was RM2 / shares, transfer from Tabung Haji.

Posted by kennean > 2020-03-25 22:10 | Report Abuse

Which shares are transfer from Tabung Haji with cost of RM2/shares.
To rescue Tabung Hai,
NOW , I don't know Tabung Haji will buy back at this low price or nor.
Next year Tabung will make huge profit on this counter.

Wait until EPF and Tabung announce to be major share holder, then buy it all.

Posted by mikeann > 2020-03-26 01:47 | Report Abuse

Parkson is at multi year low of 0 065, having dropped from 0.28 about a year ago.

At this level, there is little downside as its NTA is high.

Most stocks in the market has rebounded over the past week.

Parkson rebound is imminent. Immediate resistance at 0.12

26/03/2020 1:37 AM

Posted by StanleyHong > 2020-03-26 13:27 | Report Abuse

i lost 95 percent of money from 1.50 per lot till 0.27 per lot .. no money to add already

Posted by freddiehero > 2020-03-26 14:27 | Report Abuse

add in slow slow.. if no more, use permonth extra money. one month in one time.

Posted by freddiehero > 2020-03-26 14:27 | Report Abuse

rili sad to hear tat

Posted by freddiehero > 2020-03-26 14:28 | Report Abuse

my daya also.like tat..

Posted by freddiehero > 2020-03-26 14:28 | Report Abuse

veey bad la pn17 kakakka..

Posted by Leong966 > 2020-03-27 08:42 | Report Abuse

The problem with Parkson is the floor space they rented is far too big. Have to cut down by half. Should go online big way. They have so many suppliers but don’t know how to utilise it.

Posted by Hidup_Anwar > 2020-03-31 11:40 | Report Abuse

WC no complain PN bad? Why free rental shopping malls PN cannot give?

Posted by masterkevin212 > 2020-04-04 00:34 | Report Abuse

After MCO parkson will go double, just buy at this price will do. I just enter my first fund at 0.07 after waiting for so long.

Posted by Change_ > 2020-04-07 09:16 | Report Abuse

Govn buildings can get free rental why not Parkson move out from shopping malls?

Posted by Change_ > 2020-04-07 09:22 | Report Abuse

6 month rental waiver for federal govt premises will cost RM20m: Shamsul
https://www.thesundaily.my/local/6-month-rental-waiver-for-federal-govt-premises-will-cost-rm20m-shamsul-BF2214065

Posted by Leesk > 2020-04-08 10:41 | Report Abuse

Problem with Parkson the merchandise are not up to date or latest fashion and cannot attract younger customers!!!

Posted by 5354_ > 2020-04-08 15:20 | Report Abuse

Why up today? Haters cut loss?

Posted by 5354_ > 2020-04-08 15:20 | Report Abuse

Wage subsidy WC(Parkson) got ask from PN govn?

Posted by meiling1990 > 2020-04-08 15:23 |

Post removed.Why?

Posted by davidkkw79 > 2020-04-09 08:33 | Report Abuse

the worst is over, that's why something is brewing at parkson

Posted by Legend > 2020-04-10 08:00 | Report Abuse

SELL....

Posted by Parkson18 > 2020-04-10 10:26 | Report Abuse

Buy more. Ramadan bazaar in most states close so Malays must buy Raya shirts in Parkson.

Posted by kevinchong > 2020-04-12 00:49 | Report Abuse

The price too cheap nta 1.74 now 0.09
Buy n keep back 0.200 is no problem
Tp 1 0.120
Tp2 0.150
Tp3 0.200

At China shopping mall is open operation already , should the price no 0.09

Posted by Legend > 2020-04-14 01:07 | Report Abuse

Going back to 0.07

Posted by johorean8 > 2020-04-14 12:47 | Report Abuse

So many pondans shareholders why dare not ctr?

Legend Going back to 0.07
14/04/2020 1:07 AM

Posted by johorean8 > 2020-04-14 12:47 | Report Abuse

So must buy Raya shirts in Parkson?

Posted by Legend > 2020-04-14 12:49 | Report Abuse

All disposed la...haha go another counter K1 better.

Posted by johorean8 > 2020-04-14 12:53 | Report Abuse

Stupid legend. If some1 disposed who buyers?

Posted by johorean8 > 2020-04-14 12:55 | Report Abuse

No Ramadan bazaars in Johor, says state Health exco
https://www.thestar.com.my/news/nation/2020/04/14/no-ramadan-bazaars-in-johor-says-state-health-exco

Posted by Twowah123 > 2020-04-14 15:37 | Report Abuse

good. huat ahhhh !!!

Posted by Twowah123 > 2020-04-14 15:49 | Report Abuse

something is BREWING at Parkson. GO GO !!

Posted by masterkevin212 > 2020-04-14 19:17 | Report Abuse

Who care MCO or not MCO, China MCO is over, China market contribute 75%, at least 75% worst is over. Now waiting for Malaysia 20% market to open.

Parkson in fact is undervalued. NTA nearly RM 1.80 not forgetting its property asset has yet to evaluate since year 2004 and 2008 worth of RM 5 Billion in China.

Actual NTA is nearly RM 2.50 i think.


No need to think so much, the fund manager has been spending so many years to bring down the price. Now they are full and it is now the time to bring the price up.

Stay turned........

Posted by Hidup_Anwar > 2020-04-15 12:24 | Report Abuse

Urusharta Jamaah BOD don't support local stocks? Why not replaceable? Need Anwar as PM?

Posted by foo > 2020-04-15 14:56 | Report Abuse

Which companies on Bursa have high cash and low debt
KUALA LUMPUR: The second extension of the movement control order to contain the Covid-19 outbreak — now totalling six weeks until April 28 — means that economic activities will remain subdued for at least another 14 days.
The pandemic, which has infected nearly two million and killed over 100,000 worldwide, presents the worst start possible for the recession expected ahead. As the infection curve has yet to near its peak, it is anyone’s guess on the depth of the economic downturn.
Against this backdrop, survival is the prominent concern now. Investors’ attention is drawn to companies’ balance sheets instead of growth prospects, which is widely expected to be minimal in the best-case scenario, as business volume dwindles and operating cash flow shrink.
Asia Analytica data shows that of some 880 listed companies (after excluding the 40 banks, insurers and investment trusts), 597 companies listed on Bursa Malaysia have cash that is less than their short-term liabilities.
Companies in many different sectors are underlined here, from furniture companies to retailers, automotive-related firms, and a wide range of manufacturers and trading companies.
Meanwhile, 223 listed companies have an interest cover ratio of below one times, meaning their earnings before interests and tax cannot cover interest expenses for a full year. The market capitalisation of most of these companies are below RM2 billion.
Some 321 companies were already in the red last year. Of the 599 profitable ones, around 45.6% of them saw profit decline in the period. Again, most on the list are small-cap firms, according to Asia Analytica data.
It is also worth noting that the economic downturn would be a tough test on companies’ sales quality. Companies with a high portion of credit sale with mounting receivables could be at risk amid the potential cash trap.
A random check shows that 75 listed companies or 8.2% have net gearing of over 100%. Sectors with the most companies in this category are logistics, construction, oil and gas, building materials and property development.
Others with net gearing of above 80% include power companies, telecommunications companies and building materials companies. Power producers’ liabilities are usually backed up by the steady cash flow from power purchase agreements.
On the flip side, notable sectors with low net gearing average include Internet and gas utility companies, and technology solution providers.
Of 79 generic companies with market capitalisation of above RM2 billion (ex-banks, real-estate investment trusts and insurers) only 22 have a cash ratio of above one times and net gearing of below 50%, led by Petronas Chemicals Group Bhd, Petronas Gas Bhd and IOI Corp Bhd.
As reflected by the price-to-book valuations, preference is given for companies with high cash, low debt, steady recurring income and high-quality clients, such as tech companies, and broadband providers.
There are also lesser-known small-cap companies that are cash-rich with sturdy past operations.
As a fund manager pointed out that a downturn is a brewing pot for merger and acquisition activities, as smaller, cash-rich companies with good assets or business prospects usually become undervalued after the market selldown.
The first quarter’s (1Q20) financial result will show how much cash was exhausted amid the two-week shutdown in the second half of March, while prospects of the entire half of 2Q20 being under movement restriction are still visible.

Posted by kevinchong > 2020-04-16 13:20 | Report Abuse

Buy before up
Tp 1 0.120
Tp2 0.150
Tp3 0.200

Posted by kevinchong > 2020-04-16 16:13 | Report Abuse

If Today close 105 tomorrow will broke tp1 0.120

Posted by Pen6 > 2020-04-16 21:20 | Report Abuse

OK ........I like it brother............Go PARKSON ........Go PARKSON

Posted by Citadel88 > 2020-04-20 03:21 | Report Abuse

88 sen by 31st December.

Posted by RedEagle > 2020-04-20 12:53 | Report Abuse

0.20