Posted by AdCool > 2014-12-16 11:01 | Report Abuse

retail investor use contra leh....

Posted by HowIn > 2014-12-23 16:03 | Report Abuse

why early early u dont play contra? so u can grab some exra pocket money :-)

Posted by rlch > 2014-12-23 16:51 | Report Abuse

I follow you HowIn for extra pocket money although not contra.

Posted by AdCool > 2014-12-23 17:06 | Report Abuse

WC got extra cash from Odel disposal and KL Festival Mall. He can continue to support the price for another few rounds using this new gain

Posted by lching > 2014-12-23 18:51 | Report Abuse

this round may break 2.20.

Posted by rlch > 2014-12-24 10:57 | Report Abuse

Wah Parkson still got a lot of money.

Posted by AdCool > 2014-12-24 14:05 | Report Abuse

Now only 3.78% treasury shares retain. Still have another 3.22% to go before they slow down in the shares buyback. That may need another 2 months to go and by that time, Parkson would announce Q4 results.

Posted by rlch > 2014-12-24 15:38 | Report Abuse

Low volume. No share buy back today?

Posted by HowIn > 2014-12-24 16:57 | Report Abuse

this time SB at last minute 4:50pm during pre close.. to support the price higher so tmr will look more nice

Posted by rlch > 2014-12-24 21:26 | Report Abuse

Parkson to acquire land for mixed developments in Malacca
http://www.theedgemarkets.com/en/article/parkson-acquire-land-mixed-developments-malacca

Posted by rlch > 2014-12-26 09:27 | Report Abuse

Parkson just bought land for 93million cash. Very cash rich company wonder how much cash balance left and how long share buy back to continue.

Posted by rlch > 2014-12-26 12:04 | Report Abuse

Buying land is for future gain. Market value for the land is RM191 million but bought at RM93 million. Maybe in future can sell the land and make gain like KL Festival City Mall? Don't forget this year WC has bought Parkson at higher price than now. Does he want to lose his own money?

Posted by albert88 > 2014-12-26 12:16 | Report Abuse

Be careful, ICAP is slowly disposing tis parkson according to my broker......

Posted by AdCool > 2014-12-26 14:28 | Report Abuse

Land value RM191 million doesn't mean there is a quick taker. If buy from PHB, at least WC still own it in a way. Afterall he made most of the decision. Maybe in 3 years time, he wants to buy back the land for RM100 million and PHB would allow it. Get RM93 million for 3 years and pay back RM100 million. Better than borrowing from banks.

Posted by rlch > 2014-12-26 14:51 | Report Abuse

Adcool also better return than the cash they are holding now. PBB TP RM2.76
http://klse.i3investor.com/servlets/ptres/27399.jsp
I don't believe in TP never reach like ks55 RM1.50 and now Affin.

Posted by AdCool > 2014-12-31 10:29 | Report Abuse

Buying China mall for RM800 million and generated from internal fund. Parkson still got anymore cash to support the share price in Malaysia and HK?

Posted by AdCool > 2014-12-31 10:33 | Report Abuse

Shares buyback has reached 4.28% as at 30th December 2014. Another 1.72% to go before they going to slow down in the buyback. I think they can easily hit that by end Jan 2015.

Posted by HowIn > 2015-01-02 00:53 | Report Abuse

if reach 5 % will hw?

Posted by AdCool > 2015-01-05 11:25 | Report Abuse

HowIn, if hits 6% by then, it will repeat its approach of declaring dividend shares as of 2014. Next, they buy again to support the share price as shares buyback cannot exceed 10%. They can do this until maybe July 2015 before declaring another dividend shares.

Next, they need to seek AGM mandate to approve another round of share buyback. The price may drop again from August to November 2015 if there are no solid evident of the company delivering better results in Q1 2015 - Q3 2015.

Posted by AdCool > 2015-01-08 10:06 | Report Abuse

If not mistaken, I think the Vietnam business CEO has been replaced few months back?

Posted by AdCool > 2015-01-13 10:54 | Report Abuse

Shares buy back has slowed down for the past one week. Is it because of cash allocated for buyback has been exhausted or the price has stabilized and there's no need to support the counter price anymore?

Posted by share3 > 2015-01-20 11:18 | Report Abuse

will gave share dividen soon..........

Posted by AdCool > 2015-01-21 11:59 | Report Abuse

Hitting 6% soon. Can give the same shares dividend which equal to 6%.

Posted by AdCool > 2015-01-21 12:00 | Report Abuse

The same shares dividend will dilute the share prices again.

Posted by hng33 > 2015-01-21 19:04 | Report Abuse

Parkson treasury stock already reach 5.15%, anytime from now can declare 3rd round share dividend 1:20.

Although Parkson earning still under recovery stage, but with RM weakening against RMB (1 RM: 0.58 RMB, already depreciate more than 10%). Parkson china earning translate in RM will be higher.

Posted by AdCool > 2015-01-22 13:46 | Report Abuse

Think they will only announce dividend share after Parkson has announced Q4 results in end Feb. Dividend shares payout should be somewhere in end March or April 2015, just like last year.

Posted by AdCool > 2015-02-17 00:43 | Report Abuse

Another poor performance in China. The management is busily closing down non performing stores in China. If not for shares buy back, the counter price would have dropped to RM2.

Posted by GoldenShares > 2015-02-25 17:43 | Report Abuse

Parkson Holland Limited, : )

Posted by Kian Leong Lim > 2015-02-26 20:14 | Report Abuse

Not the fittest, in the same category of service provider, hard to survive in long term, competitions also become fiercer and fiercer every year. The cost to run the business is mediocre, the company is slimer and slimer over time, they need to grow new roots (blood lines), so that the company or the tree can grow bigger. The mistake is they plan for short term and because they don't know what is going to happen in the long term. It is not they didn't plan, it is just that, "they should be planning for short term and long term together". When they are planning for short term they should incorporate the long term perspective into consideration. When they are planning for long term, they should also incorporate short term conditions into studies. You just can't split long term planning and short term planning and do them at two different times based on need and requirement. This is what is causing the company (or all the lion group of companies) to pay huge price for what is happening now. A simple person also know that need and requirement must go in sync, there are not doing this right? What do you think? They did not sell assets but increases their debts also when the present conditions are unfavorable, always pinning of future hopes? Sell assets! Those bring the whole Malaysia financial system down with you? The Lion Group owes the Malaysia banks debts of RM$4.7 (figures from Chinese Newspaper) or something billions. If they go bust, what is going to happen to Malaysia financial system. 再玩會死人的 !! 不過你也跑不掉！！你住馬來西亞！難道你沒有長眼睛嗎！你還在拍手做什莫？白癡還是天真？你自己講給大家聽？

Posted by Kian Leong Lim > 2015-02-26 20:25 | Report Abuse

把我寫的東西通通都偷偷的抄下來偷偷的讀不會還要假厲害還反過來對我隨便亂吠講你沒有人性實在是對你這種人太客氣罷了什末人不犯我我不犯人你只是（ＸＸＸＸＸ）陰險小人而已！

Posted by Kian Leong Lim > 2015-02-26 20:52 | Report Abuse

When a company is in trouble, it should at least implement a 5-steps policy to overcome its trouble!
The Goal is to not to avoid the external trouble (too late ) now, but to change yourself (the internal) first with (1) the confident in yourself (you don't need other people's confident) and stop doing things that you yourself are not sure you can succeed or not in the present time. The 5 steps are not so difficult to do:
This is taught by Buddha!

I only can teach you how to go from emptiness (your reaction to yourself) to wisdom (your reaction to other people): this you have to do it yourself.

(1) Get to Know Yourself

(2) Get to know Other people

(3) Change Yourself.

(4) There is no good and bad in this world (give other people and yourself time).

(5) You have to do what is right to get to the right ending (be patient do

the necessary first before get to the important in the future).
How to tackle things that you are not able to do: 3 steps:
The Buddha's most fundamental method:
The most fundamental mistake Buddha say we make is:

(1) Greedy(you),Angry(at other people), Stupidity (your relationship with people).

The mistake is you give yourself a too high expectation, you are tend to expect

a lot too much from other people, you end up being stupid and sink into

continuous depression.

(2) The most fundamental method Buddha suggests is:

Simple (you), Lower( from other people), Stable (find mutual ground or benefits to both parties to work with in the long term).

I think what Buddha means to say: (1) Keep yourself simple to understand (for respecting people), (2) don't expect too much from people by giving them time (for thinking on their behalf in advance to save yourself later on), and (3)do the right thing instead of doing what is good or bad (for short term) for yourself and other people. Or else, you mind end up being (1) greedy, (2)angry, and (3) feeling stupid, like what Buddha said!



Buddha is 3000 years ago, see this same type of things repeats until now, like reincarnation! Usually, (1) we give ourselves to high expectation to complete in short term, (2) we require high expectation from people in short term, and (3) we feel stupid for after doing (1) and (2).




Hope You All Have a Smooth and Happy Ride For This Year

If You Becareful and Don't Be Over Ambitious From The Beginning!

Posted by AdCool > 2015-02-26 22:32 | Report Abuse

Dividend share again of 1 share for 20 shares held. Ex date 11th March. Operating profit is no good. Q4 result is better due to disposal of festival mall and the Sri Lanka business.

Posted by rlch > 2015-02-26 22:35 | Report Abuse

Why not 3 for 50 as before?

Posted by AdCool > 2015-02-26 22:59 | Report Abuse

No idea. Maybe they wanna keep some treasury shares for next dividend shares in August.

Posted by AlexanderJin > 2015-02-26 23:22 | Report Abuse

is the dividend share worth it?

Posted by AdCool > 2015-02-27 09:48 | Report Abuse

Personally I prefer cash dividend. If the counter is a growth stock, I don't mind dividend shares as that would give me more return, since I can avoid paying the brokerage fees and taxes if I purchase the shares myself. However, for this counter, I don't think it's a good dividend as it is not a growth stock as per current situation and once they payout the dividend shares, the price will be adjusted to reflect it.

Here, it is going to give a 5% dividend shares and hence if the share price stays around RM2.35, with the adjustment, ex price should be around RM2.23. You gain nothing basically in term of value. If it's a growth stock, for it to go back to RM2.35 would be easy but for Parkson, kinda challenging.

Just my opinion and observation so far. Other members have any different views on this?

Posted by GoldenShares > 2015-02-27 09:58 | Report Abuse

Parkson is improving, next Q even better, fair value should be above NTA, 2.50

Posted by AdCool > 2015-02-27 11:01 | Report Abuse

GoldenShares, be careful of the Q4 results. It's not improving as the profit is through the disposal of festival mall and Sri Lankan business. The SSS growth in Vietnam, China and Malaysia is -6%. Only Indonesian business is making positive SSS growth. The F&B businesses only contributed a very small fraction to the business.

The core business of retailing is not improving for the past 9 quarters.

Posted by GoldenShares > 2015-02-27 15:17 | Report Abuse

immediate resistance at 2.34 breached, next 2.40

Posted by GoldenShares > 2015-02-27 15:22 | Report Abuse

strong support at 2.31

Posted by TonsilBasher > 2015-02-27 15:41 | Report Abuse

didnt expect parkson to do well. I will opt for dividend share

Posted by GoldenShares > 2015-02-27 17:02 | Report Abuse

low gearing, net cash position, i like it

Posted by rlch > 2015-02-27 17:22 | Report Abuse

Expect_next_quarter_to_have_better result_due_to_CNY._1_for_20_share_ dividend_meaning_one_must_have_even_number_of_shares%28min_2K%29_to_avoid_odd_lot_share_dividend.

Posted by GoldenShares > 2015-02-27 18:34 | Report Abuse

fractions of treasury shares to be disregarded

Posted by share3 > 2015-03-02 15:15 | Report Abuse

Can someone teach me how to count 20:1 how many i get for 1 lots share

Posted by rlch > 2015-03-02 15:38 | Report Abuse

1 lot mean 100 shares. Your share dividend is 5 share(100/20). You must buy minimum 2000 shares(20 lots) to get 100(no odd lot) share dividend.

Posted by AdCool > 2015-03-02 15:49 | Report Abuse

1 lot = 1000 units. So, the calculation is 1000/20 * 1 = 50 units

Posted by share3 > 2015-03-02 17:26 | Report Abuse

thank you..

Posted by sokik99 > 2015-03-10 06:40 | Report Abuse

today hope big up ,then tomorrow gv dividen yes

Posted by AdCool > 2015-03-10 11:26 | Report Abuse

Today is the last day to buy the share in order to qualify for the share dividend