Posted by hng33 > 2014-07-14 10:43 | Report Abuse

Surprisingly, Parkson management opt for very aggressive motive by delcare another round of share dividend 3 for 50. This is because, based on latest treasury stock, Parkson only have 5.87% or total no of 64.2m share, but Parkson already declare to distribution up to 65.6m share based on 3:50 ratio, which mean, the Parkson must aggressively accumulate more share to top up treasury stock to exceed at the amount it intend to distribute to shareholder.

Posted by Azizulzaman Jamaludin > 2014-07-14 13:48 | Report Abuse

I thought since they are holding 5.87%, they need to pay 3 for 50 only for the remainder 94.13%, which is about 5.64%.

Posted by hng33 > 2014-07-14 14:22 | Report Abuse

Ok, you're right, with 5.87% in treasury, the share dividend should be based on balance 94.13% instead of 100%. Thanks for clarification

Posted by AdCool > 2014-07-14 16:09 | Report Abuse

The shares dividend didn't manage to push the price up. Guess ppl has learnt their lessons during the first round of shares dividend back in April.

Posted by hng33 > 2014-07-14 16:34 | Report Abuse

Lets wait and see longer time whether or not Parkson share will response positively on second round of share dividend

Posted by AdCool > 2014-07-16 15:16 | Report Abuse

still not moving...

Posted by hng33 > 2014-07-16 17:47 | Report Abuse

At least closed 3 sen higher already, at RM 2.55

Posted by Steven Yong > 2014-07-16 21:58 | Report Abuse

I have calculated before, it is near 5% div yield.

Posted by AdCool > 2014-07-16 22:39 | Report Abuse

Parkson own share buy back. Not from the market.

Posted by rlch > 2014-07-17 05:08 | Report Abuse

Shares buyback now stood at 5.92%. Still need to buy at least 0.08% to make it 6% for distribution of 3 for 50 share dividend next week.

Posted by AdCool > 2014-07-17 09:47 | Report Abuse

5.64% is sufficient to pay the dividend shares as highlighted by Azizulzaman and hng33. Treasury shares are not entitled to shares dividend.

Posted by rlch > 2014-07-17 21:26 | Report Abuse

Only 3 stocks does shares buyback today and Parkson is one of them showing how loaded Parkson is.
http://www.bursamalaysia.com/market/listed-companies/company-announcements#/?category=SB&sub_category=all&alphabetical=All

Posted by wayde > 2014-07-17 22:53 |

Post removed.Why?

Posted by Leesk > 2014-07-18 16:27 | Report Abuse

To support the share price and distribute share dividend and not cash dividend.

Posted by TonsilBasher > 2014-07-18 20:37 | Report Abuse

good stock

Posted by rlch > 2014-07-18 22:54 | Report Abuse

Lousy analyst from AMMB, TA and RHB(TP lower than current market price) which fail to take in account the power of shares buy back and Parkson huge cash holding.
http://klse.i3investor.com/servlets/ptg/5657.jsp

Posted by rlch > 2014-07-20 20:50 | Report Abuse

Share dividend 3 for 50 ex-date on 23rd July. Can Parkson rise like when they first announce share dividend in Apr'14?

Posted by Leesk > 2014-07-21 16:33 | Report Abuse

Hope it can do it. undervalued stock but the issue is with analyst are not recommending the stock.

Posted by rlch > 2014-07-21 18:44 | Report Abuse

Not bad today. Up 5sen despite many counters and index down. Tomorrow last day to buy for share dividend.

Posted by chelvis7 > 2014-07-22 13:31 | Report Abuse

I think long term very good, i will buy n keep

Posted by InvestorSpecialist > 2014-07-22 14:50 | Report Abuse

As I said Parkson share will reach 2.800 before this year end... Accumulate as much as possible

Posted by AdCool > 2014-07-23 14:32 | Report Abuse

Why is it that treasury shares dividend would dilute the share's price? It's not even new shares being issued?

Posted by USApg > 2014-07-23 15:30 | Report Abuse

巴菲特的阿喀琉斯之踵：零售业投资
http://cn.wsj.com/gb/20140723/mkt082059.asp?source=whatnews2

Posted by Azizulzaman Jamaludin > 2014-07-23 18:27 | Report Abuse

Hi, I'm a bit confused. Am I still entitled to the dividend if I sell today(ex-date) or do I have to wait until entitlement date (25/7). Thanks in advance

Posted by maradonut > 2014-07-23 18:39 | Report Abuse

Your are entitled for the dividend

Posted by hng33 > 2014-07-24 15:11 | Report Abuse

Sold all Parkson at 2.70, realize handsome profit + share dividend

Posted by Leesk > 2014-07-24 15:15 | Report Abuse

still waiting to go higher to cover cost. can or not

Posted by pn17 > 2014-07-24 16:59 | Report Abuse

Parkson, today you eat vigra? why suddenly shoot up?

Posted by OSWALD > 2014-07-24 17:02 | Report Abuse

Viagra & cialis double dosage. Havent seen such performance upside for a long.....time.

Posted by kc3255ck > 2014-07-24 17:12 | Report Abuse

Better don't lausai tomorrow!!!

Posted by AdCool > 2014-07-24 17:30 | Report Abuse

Ppl suppose to chase it last week and not today as it is already ex date. Sometime it's really weird with this Parkson counter. Are they expecting Parkson to release good results?

Posted by chelvis7 > 2014-07-24 17:42 | Report Abuse

Parkson is flying, i think the price is still value for money.

Posted by TonsilBasher > 2014-07-24 18:32 | Report Abuse

wow..... what is happening??????

Posted by chang0509 > 2014-07-24 18:56 | Report Abuse

Parkson long term prospect is looking bright after a few strategies taken by management.

Posted by AdCool > 2014-07-25 09:55 | Report Abuse

Payment date is on 8th August. How to unload now?

Posted by dean_1031 > 2014-07-25 10:14 | Report Abuse

means they unload the share on their hand first...then later bonus share will come in later...it is the same...since already ex date..

Posted by xena > 2014-07-25 10:29 | Report Abuse

How do you unload the share if its not in your account yet dean_1031?

Posted by Leesk > 2014-07-25 10:34 | Report Abuse

If everybody start unloading the shares , the price will drop again?

Posted by AdCool > 2014-07-25 11:12 | Report Abuse

Yes, it will go down again as normal until a solid financial result is out and pointing to improvement. Am still waiting for Q3 results which may be the break even point for downtrend after 2.5 years.

Posted by pn17 > 2014-07-25 11:27 | Report Abuse

Parkson yesterday eat viagra, today big lau sai.

Posted by Chung > 2014-07-25 18:33 | Report Abuse

Instead of spend million to buy back share everyday.....better engage someone to goreng it...

Posted by rlch > 2014-07-25 19:39 | Report Abuse

Shares buy back stop for past 3 days. Wonder who is buying
Parkson shares after share dividend ex-date?

Posted by kuengkucheng > 2014-07-25 22:21 | Report Abuse

http://www.nanyang.com/node/637514?tid=704

Posted by dean_1031 > 2014-07-31 15:43 | Report Abuse

sell the bonus share at 2.87 just now..

Posted by justgan > 2014-07-31 16:42 | Report Abuse

dean you got your bonus share already?

Posted by AdCool > 2014-07-31 16:56 | Report Abuse

payment date for bonus shares is 8th August.

Posted by dean_1031 > 2014-07-31 17:02 | Report Abuse

i sell off my current share...later bonus share will replace back...no money...:(

Posted by AdCool > 2014-08-01 15:54 | Report Abuse

Majority of counters are down but Parkson is up. Strong supports

Posted by TonsilBasher > 2014-08-01 22:17 | Report Abuse

its going up up up

Posted by GoldenShares > 2014-08-02 13:25 | Report Abuse

almost all investment bank recommended sell, parkson prospect also not really good, but share price up so much, learned good lesson here