Posted by PakCikBursa > 2021-10-14 17:40 | Report Abuse

Bro, my instinct Parkson is not done yet. Momentum still there. Volume increasing this week. Today, bearish candle but the volume not so high. Meaning ‘they’ are still inside. Kicked retailers out. FOMO.

Should be bearish, volume must also high; meaning market maker dumping the stock. Maybe it’s just their game, playing with our emotion.

0.235 are strong support, tomorrow or soon possibly fly to next resistance 0.27 - 0.28.

Kindly look back on 30th august & 1st September.

Posted by warrenchok90 > 2021-10-14 17:59 | Report Abuse

0.235… look great aaa sold too early…

Posted by PakCikBursa > 2021-10-15 08:49 | Report Abuse

let's see how their play today. Still in fibo 68.1 area

If broken below, then bye bye. If still maintain/sideways in that area, hope is still there.

Plus, stoch rsi already overbought and crossed. Hope, it's just for retracement.

Posted by Mabel > 2021-10-15 12:37 | Report Abuse

Looks like the operator and syndicates are still collecting while the retailers have already locked profits. Like Mabel said, October will be an exciting month...

If you can hold wait lar..
If cannot tahan sell lor...

Why settle for peanuts trading at 1 to 4 sen profits?

Let's go for the big lobsters..

Meow Meow Meow

Posted by Klse_faizan > 2021-10-15 17:01 | Report Abuse

All people alrdy cabut when can’t break 25.5.
u stay n hope. People like u to easy kena tipu

Posted by warrenchok90 > 2021-10-15 17:11 | Report Abuse

Not really tipu… just its time matter… but for me… i will choose to sell first and buy back… so i secure profit twice… if you have high cash flow… keep collect once you got money still profitable because this is undervalue stock…

Posted by SolidGold > 2021-10-15 17:15 | Report Abuse

Not bad . Let stay a little while.

Posted by warrenchok90 > 2021-10-15 17:16 | Report Abuse

Just depend on how do you do… your investment style..recently i not that busy so i got plenty of time to monitor… parkson actually very undervalue and it actually a very big company… just covid impact too much in shopping mall… if once covid do no more harm and treated as normal flu… this counter sure spike up.

Posted by warrenchok90 > 2021-10-15 17:21 | Report Abuse

I also miss the time 0.25 to sell… loss few thousand… but at least still secured 10% profit… if low i sure buy back because for me this is so undervalue…

Posted by warrenchok90 > 2021-10-15 17:23 | Report Abuse

It possible to up to 0.25 back thou… like last time… 0.225 fly to 0.25 in 1 day…

Posted by Yu_and_Mee > 2021-10-16 17:47 | Report Abuse

买一百股而已吗? 还是拿一百万来买? 亏完就亏一百万，没问题?

Posted by Yu_and_Mee > 2021-10-16 17:49 | Report Abuse

什么坚定的原因可以让股价去到一元? 如果这么确定，何不卖身全部买入?

Posted by Yu_and_Mee > 2021-10-16 17:51 | Report Abuse

万一发附加股的话，要借阿龙吗?
这是算头脑简单，四肢发达的做法吗?

Posted by Mabel > 2021-10-16 22:39 | Report Abuse

Moving Average (Short Term) STRONG
Moving Average (Mid Term) STRONG
Moving Average (Long Term) STRONG
Ichimoku Kumo STRONG

Meow

Posted by Mabel > 2021-10-16 22:39 | Report Abuse

Sector Trend (Long Term) STRONG
Sector Trend (Short Term) STRONG

Meow

Posted by kong73 > 2021-10-17 14:42 | Report Abuse

Parkson NTA is RM1.59/unit

Posted by kong73 > 2021-10-17 14:44 | Report Abuse

Parkson is a member of The Lion Group, an international conglomerate which was established in the 1930s in Malaysia. Parkson is currently operating a network of 123 department stores across Malaysia, China, Vietnam, Indonesia and Myanmar, spanning 2.1 million sqm of retail space and serving over 100 million customers a year.

29 June, 2005 marked the official launching of the first Parkson department store in Ho Chi Minh City as one of the leading department store brands in Asia. This was the first time Ho Chi Minh City welcomed a department store with an international standard.

Parkson has been managing 4 department stores: 2 in Ho Chi Minh City, 1 in Hai Phong and 1 in Da Nang where shoppers can find more than 300 well-known international fashion brands and many of them had never been distributed in Vietnam prior to Parkson's entry. These brands include Shu Uemura, The Body Shop, Estée Lauder, Lancôme, Clinique, Shiseido, Lacoste, Levis, Ecco, Geox, Adidas, Nike, Hush Puppies,... Popular Vietnamese brands such as Vera, Nino Maxx, N&M, An Phuoc can also be found at Parkson.

Parkson offers a wide range of entertainment services and food & beverage service that cater to all needs of customers. Parkson is keen on bringing to customers a special shopping experience with various promotional events happening throughout the year.

In addition to special promotions developed for Christmas, New Year and Lunar New Year, Parkson also hosts a number of sales events with specific themes such as: Summer Sales, Beauty Fair, Lady’s Fair, VIP Sales …

Besides, Parkson has always wanted to contribute to community development by organizing charity campaigns, funding for scholarships for underprivileged children and participating in environmental activities on a yearly basis.

With a motto Parkson - Fashion, Beauty and Lifestyle, Parkson has quickly positioned their professionalism in the retail market as a reliable distributor of high quality fashion, beauty and lifestyle products, contributed to bring to Vietnamese customers a trustworthy shopping destination.

Posted by kong73 > 2021-10-17 15:09 | Report Abuse

Prospects
For the fifth quarter ending 30 September 2021, the Group's Retailing division is expected to experience lower traffic flow in the absence of major festivities, besides facing many challenges brought on by the prolonged COVID-19 pandemic.
In light of the challenging market environment amid the pandemic and weak consumer sentiments, the Group has at all times continue to focus its priorities on enhancing product offerings, optimising operational efficiency and productivity as well as cost rationalisation. At the same time, Parkson China will continue to broaden its product range, initiate variety of operation modes to diversify the income source, and enhance multi-channel services, to fully seize the opportunities brought by market recovery.

Posted by kong73 > 2021-10-17 15:10 | Report Abuse

Parkson china is the biggest revenue contributor and they are on the roll!

Posted by SolidGold > 2021-10-17 19:20 | Report Abuse

https://www.theedgemarkets.com/article/parkson-be-left-only-one-store-vietnam-after-disposing-shopping-centre

Posted by Mabel > 2021-10-17 23:40 | Report Abuse

kong73 Parkson NTA is RM1.59/unit
17/10/2021 2:42 PM

Kong think like a King Kong...very smart and savvy investor like Michael..

Solid Gold that was an old story mah...

Let's get Back to the future...

Meow

Posted by SolidGold > 2021-10-18 09:39 | Report Abuse

Old or not but the fact one store left in vietnam . Not 4 .

Posted by kong73 > 2021-10-18 10:13 | Report Abuse

PARKSON RETAIL ASIA LIMITED
(Incorporated in the Republic of Singapore)
(Company Registration Number: 201107706H)
UPDATE ON THE PROPOSED DISPOSAL OF PROPERTY IN HAI PHONG CITY, VIETNAM
1. INTRODUCTION
The Board of Directors (“Board”) of Parkson Retail Asia Limited (“Company”) refers to:
(a) the announcement dated 27 July 2020 in relation to the Proposed Disposal;
(b) the circular to Shareholders dated 15 October 2020 in relation to the Proposed Disposal
as a major transaction (“Circular”);
(c) the announcement dated 30 October 2020 in relation to the approval of the
Shareholders obtained for the Proposed Disposal at the EGM of the Company held on
30 October 2020; and
(d) the announcement dated 8 February 2021 in relation to the update on the Proposed
Disposal, including PHCL entering into the Amended and Restated Asset Transfer
Agreement dated 8 February 2021 (“Amended and Restated SPA”).
Unless otherwise defined, all capitalised terms used in this announcement shall have the same
meanings ascribed to them in the Circular.
2. UPDATE ON THE PROPOSED DISPOSAL
The Board wishes to update the Shareholders that on 16 June 2021, PHCL and the Purchaser
have entered into an addendum to the Amended and Restated SPA (“Addendum”, and
together with the Amended and Restated SPA, the “Supplemental SPA”) to amend some of
the terms of the Proposed Disposal.
2.1 Consideration
Pursuant to the Supplemental SPA:
(a) the remaining Consideration (other than the Earnest Deposit and the Additional Deposit
which have been received by PHCL) will be paid by the Purchaser to PHCL in two
tranches as follows:
(i) within 5 business days from the date that the Purchaser is issued with the
Amended Certificates of Land Use Right, the Purchaser shall pay
VND21,645,500,000 (equivalent to approximately US$943,200 or
S$1,251,547 applying exchange rates of VND22,949 : USD1.00 and
VND17,295 : S$1.00 (“Relevant Exchange Rates”)) (“Counterpart Funds”)
to PHCL’s account opened with the Assigned Bank (“Assigned Account”) or
such other bank account of PHCL which PHCL may inform the Purchaser in
writing. The Purchaser’s obligation to pay 20% of the Consideration to PHCL,
after deducting the Earnest Deposit and the Additional Deposit, shall be
deemed satisfied by the payment of the Counterpart Funds to PHCL; and
(ii) within 5 business days from the date the Purchaser makes payment of the
Counterpart Funds, completes the registration of its mortgage and delivers the
Amended Certificates of Land Use Right to the Assigned Bank in accordance
with the terms of the loan agreement with the Assigned Bank, the Purchaser
shall pay the remaining 80% of the Consideration, being VND183,040,000,000
(equivalent to approximately US$7,975,947 or S$10,583,406, applying the
Relevant Exchange Rates) (“Relevant Amount”) to the Assigned Account to
be held in escrow;
(b) the Relevant Amount and all interest accrued thereon shall be released by the
Assigned Bank to PHCL immediately after the Assigned Bank receives the relevant
handover minutes in accordance with the terms of the Amended and Restated SPA,
which shall take place no later than 30 days after issuance of the Amended Certificates
of Land Use Right; and
(c) PHCL shall have the right to terminate the Supplemental SPA by giving 3 business
days’ written notice to the Purchaser in the event Purchaser does not comply with its
payment obligations in relation to the Consideration in accordance with the
Supplemental SPA.
2.2 Extension of Time to Fulfil Conditions Precedent
Pursuant to the Supplemental SPA, the long-stop date for fulfilment or waiver of the Conditions
Precedent has been extended to fall 240 days from the date of the Amended and Restated SPA
(or such other date as may be agreed in writing between PHCL and the Purchaser).
3. FURTHER INFORMATION
The Company will make further announcement(s) to update Shareholders as and when
appropriate.
Shareholders and potential investors should exercise caution when trading in the shares of the
Company, and where in doubt as to the action they should take, they should consult their
financial, tax, legal or other professional advisers.
4. DOCUMENTS FOR INSPECTION
A copy of the Addendum is available for inspection during normal business hours at the
registered office of the Company at 80 Robinson Road #02-00 Singapore 068898, for 3 months
from the date of this announcement.
BY ORDER OF THE BOARD
Tan Sri William Cheng Heng Jem
Executive Chairman
16 June 2021

Posted by kong73 > 2021-10-18 10:15 | Report Abuse

PARKSON RETAIL ASIA LIMITED
(Incorporated in the Republic of Singapore)
(Company Registration No. 201107706H)
COMPLETION OF THE PROPOSED DISPOSAL OF PROPERTY IN HAI PHONG CITY, VIETNAM
The Board of Directors ("Board") of Parkson Retail Asia Limited ("Company") refers to its
announcements dated 27 July 2020, 30 October 2020, 8 February 2021 and 16 June 2021, as well as
its circular to Shareholders dated 15 October 2020 (“Circular”) in relation to the Proposed Disposal.
Unless otherwise defined, all capitalised terms used in this announcement shall have the same
meanings ascribed to them in the Circular.
The Board is pleased to announce that Parkson Haiphong Co. Ltd., a wholly-owned subsidiary of
Parkson Corporation Sdn Bhd which in turn is a wholly-owned subsidiary of the Company, had on 1
October 2021, completed the Proposed Disposal.
BY ORDER OF THE BOARD
Tan Sri William Cheng Heng Jem
Executive Chairman
4 October 2021

Posted by kong73 > 2021-10-18 10:17 | Report Abuse

Oct 21 - Parkson dapat duit US$8 juta for the remaining 80%

Posted by kong73 > 2021-10-18 10:18 | Report Abuse

Good for cash flow..hope can paydown some debts

Posted by CartoonInvesting > 2021-10-18 10:40 | Report Abuse

In every business venture that end up with expansion or consolidation is a norm.

I stated my case and bought on 7 Oct at .21.

I sea value in Parkson and this is not to induce other to buy. You need to do your own works.

I am taking the bull by the hon.

Good luck.

Posted by Mabel > 2021-10-19 07:18 | Report Abuse

Mabel Innature Body Shops has already climbed so much this year..

Next will be Parkson..

Price is currently undervalue..

Meow Meow Meow

Posted by TanHuatHeng > 2021-10-20 11:29 | Report Abuse

No way.

Posted by Mabel > 2021-10-21 23:15 | Report Abuse

Nice and lovely....

Posted by Mabel > 2021-10-21 23:19 | Report Abuse

Nice and lovely Team...

Here's the Weather Forecast for Parkson Holding

Moving Average (Short Term) : STRONG
Moving Average (Mid Term) : STRONG
Moving Average (Long Term) : STRONG
Ichimoku Kumo: STRONG
RSI: STRONG
Stochastic: STRONG
Heikin-Ashi: NEUTRAL
MACD: STRONG
Solid MA Trend : STRONG

To our Success !

Meow Meow Meow

Posted by FlyFried > 2021-10-22 15:46 | Report Abuse

This the best you can do. Success already.

Ayo, I want it up up up.

Posted by Mabel > 2021-10-22 16:39 | Report Abuse

It will cum..

If drop below 21, Mabel will sapu..

Buy low sell high..

Meow Meow Meow

Posted by Mabel > 2021-10-22 20:08 | Report Abuse

Operator is still controlling the price movement..

When the have collected enough they will push..

Meow

Posted by TanHuatHeng > 2021-10-25 10:08 | Report Abuse

still think it will go.

soon below 20 cts

Posted by warrenchok90 > 2021-10-25 10:34 | Report Abuse

if drop to 0.205-0.21 I also buy

Posted by CartoonInvesting > 2021-10-28 12:20 | Report Abuse

sold my parkson between .215 to .22

little chicken am I

Posted by Mabel > 2021-11-01 15:52 | Report Abuse

Haha Bursa 30 points down and our Parkson just wake up..

Meow Meow Meow

Posted by moneykj > 2021-11-02 07:16 | Report Abuse

Star of next year

Posted by CartoonInvesting > 2021-11-02 09:29 | Report Abuse

too bad, sold it.

will think about if it can break .23cts

good luck

Posted by birkincollector > 2021-11-08 18:36 | Report Abuse

Ops, capital reduction lol

Posted by wallstreet777 > 2021-11-08 22:43 | Report Abuse

no worry la, no material impact...tmrw shooting up

Posted by kong73 > 2021-11-09 06:57 | Report Abuse

Capital reduction is the process of decreasing a company's shareholder equity through share cancellations and share repurchases, also known as share buybacks. The reduction of capital is done by companies for numerous reasons, including increasing shareholder value and producing a more efficient capital structure.


Understanding Capital Reduction
After a capital reduction, the number of shares in the company will decrease by the reduction amount. While the company's market capitalization will not change as a result of such a move, the float, or number of shares outstanding and available to trade, will be reduced.

The act of capital reduction may also be enacted in response to a decline in a company's operating profits or a revenue loss that cannot be recovered from a company's expected future earnings. In some capital reductions, shareholders will receive a cash payment for shares canceled, but in most other situations, there is minimal impact on shareholders.

A company is required to reduce its share capital using a set of specific steps. First, a notice must be sent out to creditors of the resolution of the capital reduction. Second, the company has to then submit an application for entry of the reduction of share capital no earlier than three months after publication of the initial notice. Share capital reduction is then expected to be paid to shareholders no earlier than three months after the entry of reduction in the commercial register.

Example of Capital Reduction
Many companies decide to reduce capital through repurchase agreements (buybacks). For example, Sirius XM Radio, an American broadcasting company that provides ad-free satellite radio services, announced on January 29, 2019 that its Board of Directors had approved an additional $2 billion common stock repurchase. The additional $2 billion repurchase in 2019 will bring the company's buyback authorizations to $14 billion in total since 2013. Sirius XM will fund the repurchase through cash on hand, future cash flow from operations, and future borrowings.

Posted by TanHuatHeng > 2021-11-09 09:05 | Report Abuse

what will happen to my 200000 shares? May I ask. Shall I let go .

Posted by Undi_PH > 2021-11-09 09:23 | Report Abuse

Parkson proposes RM2b share capital reduction to reduce losses
Seah Eu Hen
/
theedgemarkets.com

November 08, 2021 21:41 pm +08


-A+A
KUALA LUMPUR (Nov 8): Parkson Holdings Bhd has proposed to cancel RM2 billion of its issued share capital in a move to reduce the group's accumulated losses.

According to a bourse filing on Monday, the group is in the red as accumulated losses amounted to RM932.47 million as at June 30, 2021.

The group expects to return to the black with retained earnings of RM1.05 billion after the capital reduction exercise.

After the exercise is completed, its issued share capital will be reduced to RM2.15 billion from RM4.15 billion.

Parkson said that the exercise will allow the company and group to rationalise their financial positions by reducing their accumulated losses through the reduction of its share capital which is lost or unrepresented by available assets of the group while reflecting a more accurate picture of the value of its underlying assets and financial position.

The reduction of accumulated losses from the exercise is expected to enhance the credibility of the company with the bankers, customers, suppliers, investors and other stakeholders according to the retail group.

The proposal, subject to shareholders' approval, is expected to be completed in the first quarter of 2022.

Parkson's share price was flat at 22 sen on Monday, valuing the group at RM240.66 million.

Lam Jian Wyn
https://www.theedgemarkets.com/article/parkson-proposes-rm2b-share-capital-reduction-reduce-losses

Posted by Undi_PH > 2021-11-09 09:23 | Report Abuse

Drop is true better let PH rule after GE15.

Posted by nicholas99 > 2021-11-09 09:32 | Report Abuse

Meaning it will be 0.11?

Posted by nicholas99 > 2021-11-09 09:34 | Report Abuse

Because share amount still 1bil.. base on the pdf.

Posted by nicholas99 > 2021-11-09 09:34 | Report Abuse

reduce share quantity may result on share price go up. just reduce the value... meaning... it will retain the current quantity... but value will drop.

Posted by TanHuatHeng > 2021-11-09 09:35 | Report Abuse

what will happen to my share. still stay the same?

too bad sold them at .21