Posted by AdCool > 2014-08-27 00:02 | Report Abuse

It depends how you interpret the latest results. If you look at it from the annual basis, of course it has been expected to do poorer than 2013. On other hand, if you look at the quarterly basis, it has already break even its profit performance. That would probably mean that in Q3 2014, the results would most probably better than Q3 2013. That's what matters most. It finally done with its bottom and now it's the cycle to perform better than previous quarters.

Posted by sunztzhe > 2014-08-27 00:05 | Report Abuse

Mr Market is already signaling that it will get better!! Just listen to Mr Market as Mr Market is always the first to see the opportunity!!

Posted by Leesk > 2014-08-27 09:40 | Report Abuse

Why always the market opening the shares is now and then slowlt go up?anybody

Posted by unemployed > 2014-08-27 14:14 | Report Abuse

For Parkson at this moment, I'm ignoring the analysts. Mr Market says buy.

Posted by unemployed > 2014-08-29 16:09 | Report Abuse

See the double bottom pattern?
UU
Now chance to buy 2.90-2.92. Want to wait till 2.87-2.88?
May or may not ....

Posted by wwf05567 > 2014-09-05 11:21 | Report Abuse

AMMB given new target price $3.85 BUY! BUY! BUY!

Posted by AdCool > 2014-09-08 17:11 | Report Abuse

Really need a lot of patience with this counter. HOLD for now and wait for Q3 results in November. That should give some booster for this counter to move.

Posted by Leesk > 2014-09-15 18:13 | Report Abuse

this counter price movement is very unpredictable. today up , how about the next day up up up or down?

Posted by AdCool > 2014-09-22 09:35 | Report Abuse

With potential Opel sale and KL festival mall sales, Q4 results and cash balances would be promising.

Posted by rizerlee > 2014-09-23 12:14 | Report Abuse

is parkson doing okay in China market ?
Malaysia Parkson doesn't seems very well compare to other brand except Pavillion outlet

Posted by AdCool > 2014-09-26 11:31 | Report Abuse

Stop depressing the price all you daily traders. Go and play with the penny stocks if you aim to make quick bucks.

Posted by agrimineral > 2014-10-05 13:28 | Report Abuse

Don't chase them away, the more the merrier.

Posted by AdCool > 2014-10-07 16:22 | Report Abuse

Parkson lao sai again today. What did I miss?

Posted by PN17 > 2014-10-07 16:29 | Report Abuse

what happend with parkson today? why drop so much?

Posted by AdCool > 2014-10-08 11:50 | Report Abuse

Lao sai again....

Posted by AdCool > 2014-10-08 13:01 | Report Abuse

I think the market reacts to the weak China "Golden Week" retails sales stats.

Posted by maradonut > 2014-10-09 21:27 | Report Abuse

http://www.thestar.com.my/Business/Investing/2014/10/09/AmResearch-maintains-Buy-on-Parkson/

Posted by calvintaneng > 2014-10-13 10:23 | Report Abuse

Parkson is artificially supported! A fake move!

BETTER SELL OFF PARKSON BEFORE SUPPORT IS REMOVED AND IT CRASHES!

SELL PARKSON AND SWITCH TO BJ CORP NOW TO PRESERVE CAPITAL!

Posted by kc3255ck > 2014-10-14 12:49 | Report Abuse

Calvintaneng must be charged under Sedition Act

Posted by Kian Leong Lim > 2014-10-21 12:15 | Report Abuse

Mr. Cheng, you use the Parkson money to buy treasury shares to support shares prices. I thought it was a good thing for you to think for the shareholders. But when you give back the treasury shares back to shareholders as special dividends and you start selling shopping mall to raise more cash. I began to wonder: what is the point for me to hold on to the shares of your company that has to sell properties to raise cash to buy treasury shares. isn't it ? you tell me. What is the point for shareholders to hold more shares on a company while you are selling away company assets? Is this a good thing to do while you gain more shares at the expense of selling away company assets? I know you want to sell those shares away when the economy recovers but....The economy is so uncertain, it may stay bad for another 10 years, who knows. I hope you pray that you have enough assets to sell for 10 years!

Posted by Kian Leong Lim > 2014-10-21 12:26 | Report Abuse

"People" factor is the most important element you need. Whatever you do, the focus should be to satisfy your customers (the people). Building malls and cutting down on expenses should be tailor at making customers more happy. You try to save here and spend there to extend your lifecycle is not going to help Parkson at all. You must change the whole culture at Parkson and go after what customers will need in the future. Buying time is not the way out, your competitions like Aeon will grow so big that all your businesses will be taken away. It is good to reduce the number of locations to cut down on expenses. But whatever that is new has to put "people" as the first place. That is why they said: You can never just count on Good Luck (Good Economy) alone.

Posted by AdCool > 2014-10-21 13:55 | Report Abuse

Selling off under performed, low potential or already exceed its potential assets is a strategy. You can't keep holding to your assets if they are not giving you the potential return. Same for those already peak at their potential and you fetched a good price to sell it. The question should be direct to what's next? With the cash raised, is there any new investment? If there is, is the investment sound with potential return vis-a-vis its risk?

The general truth is, with high risk, there is a potential of high return. So, where is Parkson investing next and what is the potential return?

Posted by Kian Leong Lim > 2014-10-21 14:24 | Report Abuse

They are selling assets so that they can record some profits on their profit and loss statement while revenue is plunging (to solve short term trouble). To the guy who owns shares in this company, it is his shares and the prices of the shares (now) that are more important to him than the company itself (the future). In other words, he is share price driven more than he is company driven. His incentives is on the shares. Not the company, that is why all the Lion companies go to Holland. Then of course, this strategy relies on : (1) the economy must surely revive, and (2) there are no competitors on the market!

Posted by Kian Leong Lim > 2014-10-21 14:40 | Report Abuse

I just invented a song: "I don't want to go to Holland", "I don't want to pay the price for a dream with a risk", and "I don't want to play play with my money"............."I don't want to go to toilet now", "I don't want to make myself feel good", and " I don't want to pay the price for money with money."

Posted by Leesk > 2014-10-21 16:36 | Report Abuse

the share price is yo yo. He cannot control the price

Posted by AdCool > 2014-10-21 16:53 | Report Abuse

These two days, the price is really yo-yoing there. Somebody is trying to push the price down while another group is trying to maintain it?

Posted by Kian Leong Lim > 2014-10-21 18:35 | Report Abuse

Yah right, Parkson vs Aeon, you see what happen 5 years from now. The company basically just pay rentals and collect rentals from small retailers who set up counters inside their premises. This is the major thing they do. They listed their shares in several places, Malaysia, Hong Kong, and where else, because they are the strong Brand Name at that time. But times have changed. They have very few fixed assets and but high cash position because of the listings before. But time have changed, they can't just rely on their "Brand" anymore. This is a company functioning like a bond investment with higher risk. Even reit is safer because at least those issuing companies still hold fixed assets. What about Parkson? Very low fixed assets ratio!

Posted by AdCool > 2014-10-23 13:19 | Report Abuse

Kian Leong Lim, what is your key point after all the analysis and comments? Buy, Hold or Sell?

Posted by TonsilBasher > 2014-10-23 19:05 | Report Abuse

Tan sri buy back shares

Posted by rlch > 2014-10-23 22:21 | Report Abuse

Although I bought Parkson 2 times earlier this year I dare go in now despite price has dropped due to
1) EPS has dropped over the years due to rising cost like rental, staff cost
2) Share buy back stop as ks55 mention due to lack of cash?
If want to get dividend better buy Reit stocks which can charge their tenants higher rental.

Posted by pschee > 2014-10-23 22:24 | Report Abuse

Looks like bouncing dead cat?

Posted by bohmiah > 2014-10-23 22:42 | Report Abuse

i thought Parkson still needs to feed the other sisters???

Posted by Leesk > 2014-10-31 09:08 | Report Abuse

Just sold the Festival mall but now lease and manged the Junction Mall. What Mr. cheng is trying to do?

Posted by AdCool > 2014-10-31 09:26 | Report Abuse

As per the news, I don't think it's a lease but more to a mall management service. Meaning Parkson is getting paid to manage the junction mall. Isn't it?

Posted by TonsilBasher > 2014-11-04 20:28 | Report Abuse

when is the next dividend?

Posted by AdCool > 2014-11-06 22:01 | Report Abuse

I dont think Parkson has declared any dividend so far in 2014 except for dividend shares.

Posted by AdCool > 2014-11-10 17:18 | Report Abuse

parkson retail group result out.
http://www.hkexnews.hk/listedco/listconews/SEHK/2014/1110/LTN20141110342.pdf

Posted by kc3255ck > 2014-11-10 17:22 | Report Abuse

Still OK... still making profit!!!

Posted by AdCool > 2014-11-10 19:44 | Report Abuse

The price reacts to the performance compare to previous year quarter.

Posted by hng33 > 2014-11-11 17:11 | Report Abuse

Bought Parkson at 2.40

Posted by AdCool > 2014-11-11 22:18 | Report Abuse

hng33, price is weak, why still buy in Parkson?

Posted by Leesk > 2014-11-12 14:32 | Report Abuse

The new trend is shop online. This has affected Parkson business in the mall somewhat.Parkson should innovate in line with current trend.

Posted by hng33 > 2014-11-12 16:54 | Report Abuse

Sold off Parkson at 2.44, realize contra gain

Posted by AdCool > 2014-11-13 10:51 | Report Abuse

Parkson Retail Asia going to release results today. Get ready for a rough ride either up or down.

Posted by walau2u > 2014-11-13 16:58 | Report Abuse

Alibaba so strong in China, Parkson will close shop in China in few more years....RM2 i also x interested......sunset business

Posted by AdCool > 2014-11-13 21:39 | Report Abuse

http://infopub.sgx.com/FileOpen/PRA%20FY2015%20Q1%20Press%20Release.ashx?App=Announcement&FileID=324525

Results out for PRA.

Posted by AdCool > 2014-11-13 21:42 | Report Abuse

The price of Parkson would most probably goes south further due to weak results from both PRG and PRA. Just to highlight that both still making profit though it is less than YoY.

Posted by hng33 > 2014-11-14 09:05 | Report Abuse

阿里巴巴網購創新高 料重創百多家超市

　（吉隆坡13日訊）中國獨立經濟學家趙曉博士認為，阿里巴巴旗下購物網站“天貓”在“雙十一”全球網購日銷量創新高，只能說明中國經濟的轉型，不能表示中國內需成長如昔強勁，因在天貓銷售火熱之際，可能有百多家超市或商場倒閉。

http://www.chinapress.com.my/node/576888

Posted by Winner > 2014-11-15 14:27 | Report Abuse

Agreed. No way to go back to RM3 in near term.

Posted by AdCool > 2014-11-20 21:36 | Report Abuse

With the voting approval on shares buy back, believe there would be support to its price for the near term.