Posted by Kelvin8787 > 2015-03-19 14:03 | Report Abuse

this stock only can play with short term like ( BANKER/PLAYER at genting)

Posted by rlch > 2015-03-19 14:28 | Report Abuse

So far no report from Bursa yet.
Why William Cheng or TH want to sell Parkson at 9 year low(from SPG) price if true?

Posted by GoldenShares > 2015-03-19 16:36 | Report Abuse

icapital selling

Posted by AdCool > 2015-03-19 16:37 | Report Abuse

goldenshares, you sure is icapital selling and depress the price?

Posted by maradonut > 2015-03-19 16:47 | Report Abuse

Hi Ho cannot tahan. Ini macam mati loh

Posted by AyamTua > 2015-03-19 16:48 | Report Abuse

tukar PARKSON ..... ke ((CME)))
1 PARKSON can buy MANY ((CME))

ayoo...


CME...

pasti tuju angkasa lepas!

Posted by Kelvin8787 > 2015-03-19 16:55 | Report Abuse

Come to Airasia

Posted by AdCool > 2015-03-19 17:02 | Report Abuse

Parkson at 4:50PM bought like 1300 shares at 2.15 but only pushed back the price to RM2.05 from RM2.02. They were so many sellers. Today transacted value is at 16million.

Posted by AdCool > 2015-03-19 17:16 | Report Abuse

16/03/2015: Spent RM1.54 mil for buyback
17/03/2015: Spent RM5.15 mil for buyback
18/03/2015: Spent RM3.98 mil for buyback

Today at least spent RM3mil for buyback based on the last transaction. And it only gets to defend the price from RM2.45 to RM2.05 so far. RM2 is coming tomorrow if there is still heavy sell down. It is not normal and there is something brewing behind.

Posted by GoldenShares > 2015-03-19 18:38 | Report Abuse

just wait and see what happen after 26 mac

Posted by Nyalas1955 > 2015-03-19 19:06 | Report Abuse

Why after 26 Mac?

Posted by maradonut > 2015-03-19 21:35 | Report Abuse

Whatever it is I cannot tahan

Posted by Kelvin8787 > 2015-03-20 01:49 | Report Abuse

Cut lost

Posted by GoldenShares > 2015-03-20 09:06 | Report Abuse

new 52 weeks low, 1.99

Posted by rlch > 2015-03-20 09:09 | Report Abuse

Everyone cut loss so Ah Kong lui very powerful to push it up.

Posted by rlch > 2015-03-20 09:43 | Report Abuse

The cheaper Parkson become the less money is needed to buy back its own shares so percentage of buying back share increase. By next month or early May don't rule another share dividend which is equivalent to cash dividend.

Posted by GoldenShares > 2015-03-20 09:44 | Report Abuse

strong support at 1.99, : )

Posted by AdCool > 2015-03-20 09:52 | Report Abuse

Whatever it is, the negative sentiment still influence share price. The fundamental can be good but at the end it is the sentiment which make the final call. Parkson needs to reassure the market of its strategy and its turnaround in sustaining its profitability. Create more positive sentiments and news instead of sitting duck and let the market force takes over.

For the past 2 years, I never see any articles about Parkson and its strategy. What about new/young/fresh faces of management? What about newly refurbished outlets? What about new businesses that been bought over? What about new international brands which have partnership with Parkson? Come on, do something and boost the images and brand.

Parkson really need to review its Corporate Communication, Marketing as well as Investor Relations. They are doing a bad job to create the due awareness for this.

Posted by Kelvin8787 > 2015-03-20 10:10 | Report Abuse

wait for rm1.85

Posted by rlch > 2015-03-20 10:52 | Report Abuse

William Cheng the major shareholders not selling a single shares despite all rumours. Want him to buy cheaply? Each time share dividend his percentage shareholding increase.

Posted by rlch > 2015-03-20 10:55 | Report Abuse

ks55 is really an evil man as someone said.

Posted by Nyalas1955 > 2015-03-20 11:10 | Report Abuse

What we know Parkson in Melaka is not doing well.

Reports of China, Vietnam are not good.

Used to have Parkson shares at RM4 plus 5 years ago.

Now keep dropping inspite of the co buying back!

Posted by GoldenShares > 2015-03-20 12:08 | Report Abuse

wow, 1.93 already, new 52 weeks low 1.92

Posted by GoldenShares > 2015-03-20 12:08 | Report Abuse

next support, 1.90

Posted by rlch > 2015-03-20 12:14 | Report Abuse

Changes in Director's Interest (S135)
PARKSON HOLDINGS BERHAD

Information Compiled By KLSE

Particulars of Director
Name TAN SRI CHENG HENG JEM
Address A-16-1, Blok A, Satu Residensi
No. 1 Jalan Nagasari (Off Jalan Raja Chulan)
50200 Kuala Lumpur
Descriptions(Class & nominal value) Ordinary shares of RM1.00 each

Details of changes
Currency: Malaysian Ringgit (MYR)

Type of transaction Date of change No of securities Price Transacted (RM)
Acquired 14/11/2014 51,600 2.370
Acquired 17/11/2014 9,500 2.400

Circumstances by reason of which change has occurred Following the notice dated 24 October 2014 on the intention to deal in the shares in Parkson Holdings Berhad (“Parkson”), Tan Sri Cheng Heng Jem advised that on 14 and 17 November 2014, he has acquired a total of 61,100 ordinary shares of RM1.00 each in Parkson (0.006%).
Nature of interest Direct
Consideration (if any)
Total no of securities after change
Direct (units) 317,599,008
Direct (%) 29.16
Indirect/deemed interest (units) 266,087,705
Indirect/deemed interest (%) 24.43
Date of notice 17/11/2014

William Cheng own 53.59% Parkson in his latest filing.

Posted by rlch > 2015-03-20 12:16 | Report Abuse

If Parkson really bad why every day can buy back share and WC want to own so much?

Posted by AlexanderJin > 2015-03-20 12:19 | Report Abuse

Trend is still heading down. Last quarter better than expected result was from one-off gain, coming quarter result is very crucial to support the share. Fierce competition in China and gst in Malaysia plays huge uncertainties. Now whole market is very cautious on gst impact and politic condition. Come back after August.

Posted by share3 > 2015-03-20 12:28 | Report Abuse

i believe will continue drop. don forget share treasury not yet release..

Posted by rlch > 2015-03-20 12:30 | Report Abuse

Coming quarter got CNY and higher profit is expected. What about pre buying before GST? So even better sales and profit expected.

Posted by maradonut > 2015-03-20 12:46 | Report Abuse

Should we sell or keep? Cut lost. Cannot tahan. Take the money and put in Phama or Digi. Please advice

Posted by bjgdila123 > 2015-03-20 12:48 | Report Abuse

wait until 1.50 ha ha ha

Posted by maradonut > 2015-03-20 12:57 | Report Abuse

Don't lah insult to injury

Posted by Kelvin8787 > 2015-03-20 13:08 | Report Abuse

only noob will touch this stock

Posted by AlexanderJin > 2015-03-20 13:10 | Report Abuse

stock price reflects investors confident on the particular stock in coming quarters. if can hold for 1-2 years, then can keep averaging down. if don't want to be trapped for long time, come back when the price bottom for at least 1-2 weeks from steep decline....just opinion...buy/sell based our your investment strategy

Posted by Kelvin8787 > 2015-03-20 13:12 | Report Abuse

pls see the 5 year price chart . and think it

Posted by GoldenShares > 2015-03-20 13:23 | Report Abuse

just wait and see what happen after 26 mac

Posted by AdCool > 2015-03-20 13:51 | Report Abuse

fundamentally, there s nothing wrong with this company, making profit amid lower profit, diversifying its revenue income, big cash balance, etc. The only bad about this company is their branding and investor relationship. Look at Air Asia, reported big loss and AA Indonesia tragedy, Tony quick to release press statement consistently just to stabilize back the negative sentiment. AA and AAX now are now back to stability. Not free fall like roller coaster.

Unfortunately, WC doesn't know how to do this and remain silence. Investors confidence is a major factor here.

Posted by AdCool > 2015-03-20 13:53 | Report Abuse

As long as he still keep his mouth shut like there are gold going to be spilled out if he opens his mouth, this counter will cont to dive down like the past 5 days.

Posted by matakuda > 2015-03-20 14:03 | Report Abuse

Ini bukan lagi perangkap...ini adalah penjara. Hati2.

Posted by nice1 > 2015-03-20 14:12 | Report Abuse

long term downtrend

Posted by AdCool > 2015-03-20 14:37 | Report Abuse

I have sent an email to their investor relation to request for a clarification on such steep and heavy selldown. I hope everyone will do the same so that Parkson management will wake up from their sleep and start addressing this strategically and holistically. They need a rough shake up to get things done.

These are the published contacts:

Name Ms Chan Poh Lan
Designation Secretary
E-mail address chanpl@lion.com.my
Contact No. 03-2142 0155 ext. 2455

Name Ms Quah Le Ching
Designation Senior Manager - Corporate Communications
E-mail address quahlc@lion.com.my
Contact No. 03-2142 0155 ext. 2505

Posted by rlch > 2015-03-20 14:48 | Report Abuse

Sudah keluar penjara matakuda. Rugi tak beli tadi. Jualan hebat Parkson bukan selalu ada.

Buy rate 84% in afternoon.

Posted by ketupatlazat > 2015-03-20 15:54 | Report Abuse

ouch,,,,maybe market thinks ppl are ditching parkson for 99speedmart eh?????????

Posted by Kelvin8787 > 2015-03-20 15:55 | Report Abuse

Please Cut it . save your life .. stupid also know this is long term downtrend counter

Posted by Nyalas1955 > 2015-03-20 16:03 | Report Abuse

Already for 5 days, the price has been coming down, so far today touched 1.91.

Just watch

Will it go down more?

Reversed to 2.00

Down again to , at the moment 1.98

Put up yo buy at 1.92

Posted by AdCool > 2015-03-20 16:07 | Report Abuse

Kelvin8787, did you cut yours or you still holding since you are advising ppl to cut loss now?

Posted by Kelvin8787 > 2015-03-20 16:20 | Report Abuse

i no invest on this counter . i dont wan to see lots ppl go to hell . pls get out this counter . please look at 5 years price chart , up for short term, down for long term . if u dont trust just ALL in your cash here

Posted by AdCool > 2015-03-20 16:38 | Report Abuse

Hitting RM55 million soon on transacted amount for today alone!!!! I wonder if it would hit RM60 million before market closes.

Posted by Activetrader > 2015-03-20 16:46 | Report Abuse

believe me the dip is not finish yet!

Posted by AlexanderJin > 2015-03-20 16:50 | Report Abuse

Agree, this dumping for past 5 days not usual given the latest quarter result. Something is not right...downtrend will continue...the dumping volume just pick up. Luckily didnt take it although really tempted when at 2.0