Posted by tshwong > 2014-06-17 19:06 | Report Abuse

Such a joker. I'm counting my money now.

Posted by sunztzhe > 2014-06-17 19:09 | Report Abuse

Price is coming off the recent lows. I m riding the uptrend loh!

Posted by lks_5291 > 2014-06-19 21:06 | Report Abuse

Just to share my opinion: In the economy full of uncertainty, look for high current ratio and possibly non-current debt free company. A fundamentally sounded company sure will rebound provided chance to restructure loan. It will outgrow the rest if it is cash free as it can seek for more opportunities like acquisition and expansion. Cash is king... So, short term investment is better as it will have faster and easier exit to gather your capital when better option is near by.

Posted by samsung555 > 2014-06-22 22:39 | Report Abuse

Collect Parkson slowly...no contra...you will be rewarded.........

Posted by sunztzhe > 2014-06-23 15:09 | Report Abuse

I had already collected near its bottom 8 days ago. Just riding uptrend now.

Posted by vegebotak > 2014-06-23 17:31 | Report Abuse

drop more pls

Posted by sunztzhe > 2014-06-25 00:48 | Report Abuse

sorry, it had already touched relative lowest bottom n 2.31 to 2.45 was a good entry price to ride uptrend!!

Posted by InvestorSpecialist > 2014-06-26 12:32 | Report Abuse

The share will goes up to 2.800 by end of this years ! Accumulate as much as possible now !

Posted by chelvis7 > 2014-06-27 08:28 | Report Abuse

its really value for money with the current price. 50% discount, can buy.

Posted by alivetoinvest > 2014-06-30 19:16 | Report Abuse

Why is the units blue in colour at 2.49? 266000 units done

Posted by alivetoinvest > 2014-06-30 19:17 | Report Abuse

2.49pm

Posted by Leesk > 2014-07-02 16:53 | Report Abuse

still not moving up although there is share buyback?

Posted by tshwong > 2014-07-03 19:50 | Report Abuse

Joker is coming back! A warm love letter being written up, but no one dare to answer. With final buy call @0.05 for Parkson and Parkson only, with this kind of investment forecasting skills, no wonder no one dare to answer.

Posted by tshwong > 2014-07-04 09:23 | Report Abuse

For ks55 and ks55 only, I was only refresh your own recommendation, not need to curse people to death. From here, we all knew that you're so low, low only. May be due to lack of family education and low moral value. For this kind of character, rich is something missing in your life. You may continue boosting your surviving 'skills', but I'm sure you didn't make any bucks due to 'the standard' that you had showed us. For your info only, I was in the market since 1999, managed to achieve own financial freedom few year ago. I was also investing in land and property plus some investment activities, but overall I managed my own time. I welcome crisis, cause most of my wealth was generated during crisis time. Now, you can go to fly your kite, kite only, that's all you can do, do only.

Posted by tshwong > 2014-07-04 10:30 | Report Abuse

For gambler and gambler only, only insane gambler who was using borrowing money or high margin facilities and speculate on high-fly and non fundamental based stocks may face bankruptcy risk. For genuine pro investors, equity market is a way to participate in business activities and generate wealth.

Posted by tshwong > 2014-07-04 10:32 | Report Abuse

For gambler and gambler only, I think a frog under the wall will never understand that.

Posted by AdCool > 2014-07-07 13:17 | Report Abuse

Such a long wait for Q2 results. My bullets are ready for more averaging.

Posted by PeterNg > 2014-07-07 14:07 | Report Abuse

Did anyone visit the AGM meeting before?

Posted by AdCool > 2014-07-07 17:15 | Report Abuse

Shares buy back again...I really concern if Parkson has that much of cash to continue this buying.

Posted by PeterNg > 2014-07-08 08:25 | Report Abuse

To hold the line, this was the measure that required to take.

Posted by angelinaloke > 2014-07-10 08:46 | Report Abuse

dividend again.. 3:50 wow !

Posted by Steven Yong > 2014-07-10 08:50 | Report Abuse

No money to give?

Posted by AdCool > 2014-07-10 10:03 | Report Abuse

wah dividend shares again....Cheaper to give shares than cash as they have been accumulating

Posted by ganasai > 2014-07-10 10:39 | Report Abuse

salt fish never "die". strong support 2.5. Management dont want it drop any more.

Posted by smartscore > 2014-07-10 11:55 | Report Abuse

Good idea! Substantial shareholder increase share holding by share buy back and distribution of share dividend...

Posted by AdCool > 2014-07-10 16:54 | Report Abuse

Parkson bought some new business again.

Posted by rlch > 2014-07-10 18:23 | Report Abuse

OPR increase by 25basis point to 3.25%. Cash rich stock like Parkson should benefit by earning higher interest income. 2nd time declare share dividend within 4 months. Total share dividend so far 12% in 2014.

Posted by jackson007 > 2014-07-10 18:27 | Report Abuse

Take note of the quantity you purchase, fractions will be disregarded.

Posted by rlch > 2014-07-10 19:12 | Report Abuse

Minimum must have 5,000 shares(or multiple) so that can get 300 share dividend(no odd lot).

Posted by smartscore > 2014-07-10 21:24 | Report Abuse

rlch, higher interest income will benefit cash cow like Parkson...

Posted by Tang Khangseng > 2014-07-10 22:44 | Report Abuse

Less than 5000 shares will get nothing?

Posted by rlch > 2014-07-11 04:06 | Report Abuse

Less than 5000 shares you still can get share dividend but you end up with odd lot. Eg 1000 share you get 60 shares as share dividend if hold until 23 July 2014. But 60 shares is less than 100 shares(minimum amount one can trade on our own).

Posted by rlch > 2014-07-11 04:09 | Report Abuse

Parkson to boost in-house brands
http://www.thesun-epaper.com/fri/11072014/index.html#20/z

Posted by dean_1031 > 2014-07-11 09:23 | Report Abuse

thanks Parkson for giving out share dividen...if not...will trap there for long...

Posted by AdCool > 2014-07-11 10:32 | Report Abuse

I still trying to figure out on how to sell off those odd shares? Anyone has any ideas? Some mentioned before that you can contact your broker to sell it off for you.

Posted by YapiInvest > 2014-07-11 17:12 | Report Abuse

Trade online under normal odd lot

Posted by Ooi Chee Meng > 2014-07-11 17:29 | Report Abuse

just call your broker to sell it..

Posted by arv18 > 2014-07-11 17:32 | Report Abuse

Parkson sole reason to exist is to transfer wealth to their landlords. Consider buying a REIT, since most of Parkson's profits end up there.

Posted by ganasai > 2014-07-11 21:17 | Report Abuse

i got experience to sell odd lot but must lower than market price. this is rule.

Posted by rlch > 2014-07-11 21:22 | Report Abuse

Commision also higher. That's why I say you must buy minimum 5,000 shares.

Posted by jackson007 > 2014-07-11 22:09 | Report Abuse

rich I think minimum 1700unit you should be eligible for 100 unit= 1lot right?

Posted by rlch > 2014-07-12 09:33 | Report Abuse

jackson yes you partly right although my calculation is 1700unit you can get 102 share dividend unless you don't mind 2 shares because 2 shares is considered odd lot.

Posted by jackson007 > 2014-07-12 10:57 | Report Abuse

The two shares will be a fraction and will be disregarded. The 5000 units (or multiple) is num num complete lots e.g. 3,6,9 lots, with no fractions but is not the minimum you must buy. The minimum is 1700units, to be at least eligible for 1lot.

Posted by rlch > 2014-07-12 13:04 | Report Abuse

Up to you to decide. Meanwhile Parkson is still continuing its shares buyback implying its share is still undervalued. Other stocks which conduct almost daily shares buyback has stopped their buyback activities eg Hap Seng and Rce Capital meaning their shres is not so undervalued now.

Posted by rlch > 2014-07-12 16:16 | Report Abuse

TP RM2.80 or 10% upside because share dividend this month.

Posted by AdCool > 2014-07-12 23:52 | Report Abuse

jackson007, it won't be disregarded. Last round I received 204 units. The fraction refers to those decimal such as if you have odd lot like 1704, based on calculation you should receive 102.24 units. 0.24 would be disregard. That s the meaning of fraction.

Posted by rlch > 2014-07-13 17:35 | Report Abuse

Latest TP RM2.99
PARKSON HOLDINGS BERHAD - Investing In F&B, Gift and Fashion Entities

Date: 11/07/2014

Source : PUBLIC BANK
Stock : PARKSON

Price Target : 2.99

Price Call : BUY

Last Price : 2.52

Upside/Downside : +0.47 (18.65%)

Parkson Holdings (PHB) announced the following acquisitions: (i) 60% in AUM Hospitality group (AUM), an F&B and entertainment company, for RM48m; (ii) 60% in Giftmate, a gift-related company, for RM8m; and (iii) 50% in Valino, a menswear & fashion company, for RM3m. We are neutral on the acquisitions. While the new businesses will be complementary to PHB‟s shopping mall and retail operations, we remained cautious on the integration of the new businesses and relatively expensive valuation of AUM acquisition. We maintain our Outperform call with a lower target price of RM2.99 (previously RM3.42) mainly due to a 23.6% cut in our FY15 (Jun) projected earnings of PHB‟s China unit (Parkson Retail Group) in light of continued operating weakness and retail industry challenges in China.

Details on AUM. AUM was incorporated on 28 September 2011. It is principally involved in food & beverage (F&B) and entertainment. AUM operates 12 brands including „Johnny Rockets‟& „Quiznos from the United States, „Bumbu Desa from Indonesia and its proprietary brands – „The Library Coffee Bar and "The Library Restaurant & Bar‟. In 2013, AUM reported net profit of RM3.1m and revenue of RM73.3m. The purchase price of RM48m implies a valuation of 25.8x of 2013 net profit. However, the vendor (AUM Equity) guarantees net profit of AUM shall not be less than RM8.5m for a period of 12 months from the acquisition, which translates to a P/E of 9.4x. Nevertheless, we remain cautious on the profitability of AUM subsequent to the profit guarantee period.

Details on Giftmate and Valino. Giftmate was incorporated on 2 October 2007. It is principally involved in producing branded premium and OEM premium gift related products including items such as „GoldArt and „Zhuai Mao‟. For FY13 (Jun), Giftmate reported audited revenue and net profit after tax of RM5.74m and RM0.32m respectively. Valino was incorporated on 17 May 2010. It is principally involved in menswear and owns the „Kent brand from Indonesia targeting young fashion office and leisure wear. In 2013, Valino reported audited revenue and net loss after tax of RM3.02m and RM0.12m respectively.

Our take on the acquisitions. While we believe the acquisitions are in line with management‟s strategy to venture into areas that are complementary to its retail and shopping mall operations, we have our reservations on the integration of acquired businesses and relatively high valuation of AUM. Previously, management had indicated they were looking into F&B segment and private labels.

Maintaining Outperform. We maintain our Outperform call on PHB as we believe its current price has already priced in the challenges faced by the group. We like PHB for: i) its strong balance sheet with net cash of RM1.1bn; and ii) its growth plans to increase PRA‟s contribution, particularly in Indonesia and to grow its property investment portfolio. We believe its NAV of RM2.69 as at end-3QFY14 and its active share buy-back will provide continued support for its share price. PHB will distribute 3 treasury shares for every 50 shares held (ex-div: 23 July).

Source: PublicInvest Research - 11 Jul 2014

Posted by hng33 > 2014-07-14 09:36 | Report Abuse

I noticed that Parkson latest share distribution 3:50 is neither state in my trading platform nor in sinchew newspaper. It may causing many investor unaware of these second round of share dividend.

Posted by hng33 > 2014-07-14 10:20 | Report Abuse

Bought more Parkson at 2.51-2.52

Posted by hng33 > 2014-07-14 10:34 | Report Abuse

If my recall correctly, Parkson first round of share dividend trigger its share price surge 2x of its share dividend value from RM 2.75 to RM 3.10 . However, Parkson latest share dividend, only manage to increase Parkson share value less than 3 sen !!?? Lets hope for the best when share approaching ex-date on 23 July, just 6 trading days from now.