PARKSON HOLDINGS BHD

KLSE (MYR): PARKSON (5657)

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Last Price

0.17

Today's Change

0.00 (0.00%)

Day's Change

0.17 - 0.175

Trading Volume

4,101,400


15 people like this.

13,000 comment(s). Last comment by Lam LH 1 week ago

Hidup_PN

571 posts

Posted by Hidup_PN > 2020-09-15 12:28 | Report Abuse

Shopping+vaccine good idea?

Posted by glovekings > 2020-09-15 12:46 | Report Abuse

@king of glove is brainless puppy

Posted by glovekings > 2020-09-15 12:48 | Report Abuse

@leper XOXking 3 stuck at 30 sen

Laugh me die this leper

I heard Tan Chai dan son Datuk Chai and their tukang pukul looking for you

leper XOXKING 3

Got5257

56 posts

Posted by Got5257 > 2020-09-15 13:53 | Report Abuse

don't miss buy buy buy,big show coming- take over
below 0.3 all sapu

humongainz

882 posts

Posted by humongainz > 2020-09-15 13:54 | Report Abuse

dum fuks. goreng stage over now is trap stage.

Got5257

56 posts

Posted by Got5257 > 2020-09-15 13:56 | Report Abuse

Stii in collect stage

5354_

4,766 posts

Posted by 5354_ > 2020-09-15 14:41 | Report Abuse

Hold tight-tight or add more.

Gy8169

52 posts

Posted by Gy8169 > 2020-09-15 14:54 | Report Abuse

What's the news

kabukiman

324 posts

Posted by kabukiman > 2020-09-15 15:17 | Report Abuse

alamak... pray harder la deyyyy

Posted by Cheo219305 > 2020-09-15 15:34 | Report Abuse

No news .... is goreng counter.

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2020-09-15 15:39 | Report Abuse

rugi company privatized for what?
remain listed get money from shareholder tak wangi ke??

亏钱公司私有化来做么淋?
保留上市时不时跟股东拿钱不香吗?

JediMaster

380 posts

Posted by JediMaster > 2020-09-15 15:46 | Report Abuse

Can it reach 25 cents before market close?

humongainz

882 posts

Posted by humongainz > 2020-09-15 15:47 | Report Abuse

impossible. this is a trap counter now.

Posted by Parkson8888 > 2020-09-15 15:56 | Report Abuse

speakup, kelvin61 and supporters where r you? Naysayers many now.

AntiPondan

199 posts

Posted by AntiPondan > 2020-09-15 16:03 | Report Abuse

Macpie loss QR goreng why nobody posts there?

Warisan

53 posts

Posted by Warisan > 2020-09-15 16:23 | Report Abuse

PN not fair tell your boss. We want Warisan on 26th Sep settle everything.

Warisan

53 posts

Posted by Warisan > 2020-09-15 16:25 | Report Abuse

QR loss bec must provide job your boss never tell you? Govn no responsibilty? Let Warisan rule.

kelvin61

826 posts

Posted by kelvin61 > 2020-09-15 16:29 | Report Abuse

Parkson remain William Cheng's favourite business. The answer is simple. The business generates positive cash flow in practically all reporting quarters. A good ratio of cash over debt. Grossly undervalued Malls and landbank not revalued to books. A household name in the region. Profitable for some time now at the operating level for the China and Malaysian business before Covid-19. Share price selling at only 0.127 times to book value. Need I say more, cheers.

Warisan

53 posts

Posted by Warisan > 2020-09-15 16:29 | Report Abuse

If retrench more(close stores) can govn jobs Parkson employees get job?

Warisan

53 posts

Posted by Warisan > 2020-09-15 16:32 | Report Abuse

Unemployment rate why up? PN not good is the answer.

Warisan

53 posts

Posted by Warisan > 2020-09-15 16:42 | Report Abuse

More contracts, sales under PN no hope?

Warisan

53 posts

Posted by Warisan > 2020-09-15 16:42 | Report Abuse

Vaccine, Face mask, glove biz why cannot give?

amoi

5 posts

Posted by amoi > 2020-09-15 16:43 | Report Abuse

panic/no panic selling?

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-09-15 17:10 | Report Abuse

Doesn't look good - no follow through support and ended up negative.

kabukiman

324 posts

Posted by kabukiman > 2020-09-15 17:17 | Report Abuse

alamak... dieded oledi lah like this

maggiemee

2,097 posts

Posted by maggiemee > 2020-09-15 17:33 | Report Abuse

No more story

Legend

4,119 posts

Posted by Legend > 2020-09-15 17:40 | Report Abuse

MegaSale for one day only..haha

humongainz

882 posts

Posted by humongainz > 2020-09-15 18:11 | Report Abuse

Hmm, how is this not dying yet.

Bullish

889 posts

Posted by Bullish > 2020-09-15 19:28 | Report Abuse

What does the announcement on Cambodia mean?

blahbleh

331 posts

Posted by blahbleh > 2020-09-15 19:34 | Report Abuse

menang kes saman.

humongainz

882 posts

Posted by humongainz > 2020-09-15 20:36 | Report Abuse

@BearishTrend if that I happens I potong my jiaojiao la aiyo

ronaldong

271 posts

Posted by ronaldong > 2020-09-15 20:41 | Report Abuse

shark sold and run to glove alrdy while bilis stay at top.lmaooo.. huat huat top glove this thursday ....haut ahhhh

James Ng

2,700 posts

Posted by James Ng > 2020-09-15 20:50 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-09-15-story-h1513521020.jsp
[转贴] [Video:浅谈PARKSON HOLDINGS BHD, PARKSON, 5657] - James的股票投资James Share Investing

powerup89

1,694 posts

Posted by powerup89 > 2020-09-15 21:24 | Report Abuse

still got hope?menang kes saman
harap fly back saja...

powerup89

1,694 posts

Posted by powerup89 > 2020-09-15 21:46 | Report Abuse

lets making money on this counter.....menang saman ma..masih hold saja sementarara waktu ni

powerup89

1,694 posts

Posted by powerup89 > 2020-09-15 21:52 | Report Abuse

simpan saja kalau x fly....bukan hutang ma..

humongainz

882 posts

Posted by humongainz > 2020-09-15 22:25 | Report Abuse

@powerup89 if that's not a lot, then just keep oso can one de.

humongainz

882 posts

Posted by humongainz > 2020-09-15 22:30 | Report Abuse

if it's like 2-3k down the drain. Just keep lo. Who knows.

5, 6 figures then just exit lol.

JediMaster

380 posts

Posted by JediMaster > 2020-09-16 05:39 | Report Abuse

I’m keeping my shares

snwong13

720 posts

Posted by snwong13 > 2020-09-16 09:42 | Report Abuse

.
Winning a court case is always a blessing to Parkson! At least they do not have to burden down with the rental claims from the tenant. Good Luck!!

snwong13

720 posts

Posted by snwong13 > 2020-09-16 09:43 | Report Abuse

SGD10,641,471 ..

cbkia4896

933 posts

Posted by cbkia4896 > 2020-09-16 09:56 | Report Abuse

How's the view from the top guys?
https://www.instagram.com/p/CFLeI_ohkFY/?igshid=1u8195775ea5v

Xocelcox

21 posts

Posted by Xocelcox > 2020-09-16 10:57 | Report Abuse

Support at 0.13, buy it, brewk 0.30 soon3,

kelvin61

826 posts

Posted by kelvin61 > 2020-09-16 12:18 | Report Abuse

When the Bursa rebounded from Mar 20 low, practically all shares shot up including shit companies losing all their lives with few sen book value but not Parkson. Why???? It is because of this stupid Cambodian debacle arranged by corrupt people to issue a ridiculous award in favour of the plaintiff when they were clearly the culprit. Now that the Tribunal has overturned the decision and awarded compensation to Parkson, it is hoped that the poor perception can be cleared although Parkson had strenuously stated that the liability to PHB was negligible and impaired in the books in prior years. So, what's next? I think William Cheng lost a golden opportunity to at least do a share buyback at fire sale prices. Better still, he should have launched a takeover of the remaining shares not owned by him and parties acting in concert. Even a Novice businessman would have done it. No point keeping the listing when the market do not accord any reasonable value to the business and assets owned by Parkson. Why keep Parkson listed at this ridiculous price??? Might as well delist and repackage to relist later when market favours the Retail business again. Wonder what William Cheng has up his sleeves as it seem very disappointing. Best to step down as CEO if the right decision for the good of the company is not coming. Maybe, one of his daughters can assumed the role and do justice for the minority shareholders, cheers.

JediMaster

380 posts

Posted by JediMaster > 2020-09-16 16:25 | Report Abuse

Almost back to the share price level before the COVID19 pandermuc

ivanlau

1,377 posts

Posted by ivanlau > 2020-09-16 18:53 | Report Abuse

this is golden summit sochai chong favor stock one year ago, wonder he still alive or not ...........

speakup

26,799 posts

Posted by speakup > 2020-09-16 20:31 | Report Abuse

for those who sour grapes, please complain to:
aduan@seccom.com.my
or
aduan@bursamalaysia.com

5354_

4,766 posts

Posted by 5354_ > 2020-09-17 07:44 | Report Abuse

OTHERS Announcement by Parkson Retail Asia Limited - Update on Legal Proceedings involving Parkson (Cambodia) Co., Ltd
PARKSON HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
Announcement by Parkson Retail Asia Limited - Update on Legal Proceedings involving Parkson (Cambodia) Co., Ltd
Reference is made to the announcements made by Parkson Holdings Berhad (“PHB” or the “Company”) on 15 November 2018, 29 October 2019, 27 April 2020 and 21 May 2020 in relation to the announcements made to the Singapore Exchange Securities Trading Limited (“SGX-ST”) by Parkson Retail Asia Limited (“PRA”), a 67.96% owned subsidiary of the Company listed on the SGX-ST, in respect of the issuance of Notice of Arbitration to Hassan (Cambodia) Development Co., Ltd. (“Lessor”) and the update on the litigation in relation thereto (“Announcements”). Unless otherwise stated, the terms used throughout this announcement shall have the same meaning as defined in the Announcements. On 15 September 2020, PRA had announced that it was informed on even date that Parkson (Cambodia) Co., Ltd (“PCCO”)'s lawyers had received the final award (“SIAC Award”) from the tribunal hearing the SIAC Arbitration (“Tribunal”) (“PRA Announcement”). The Tribunal had found, inter alia, that the Lease Agreement was lawfully terminated by PCCO, and has ordered the Lessor to pay to PCCO approximately SGD10,641,471, which includes: 1. security deposit of USD2,463,750 (approximately SGD3,363,167); 2. advance rental of USD2,025,000 (approximately SGD2,764,247); 3. costs and expenses incurred by PCCO of USD2,692,253 (approximately SGD3,675,087) which has been wasted as a result of the Lessor’s breach of the Lease Agreement; and 4. costs and expenses of the SIAC Arbitration, and legal fees and various disbursements and expenses incurred in connection with the proceedings of approximately SGD838,970. A copy of the PRA Announcement is attached herewith. Following the receipt of the SIAC Award, PCCO will continue to work closely with its Cambodian lawyers, and PRA will make the relevant announcements as and when there are material developments. The SIAC Award does not have a material impact on the earnings of the PHB Group for the financial year ending 30 June 2021 and the net assets of the PHB Group based on the audited consolidated statement of financial position of the Company as at 30 June 2019.



Please refer attachment below.

Attachments
PRA-Announcement.pdf
43.8 kB
https://www.klsescreener.com/v2/announcements/view/3229837

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