Posted by rlch > 2015-03-22 16:11 | Report Abuse

Hunza Property is privatised. Could Parkson be next one? Similarity is both companies keep buying back their own shares. Loss? Do last qtr result show loss?

Posted by AdCool > 2015-03-22 19:10 | Report Abuse

There were no loss in PHB business amid some outlets made loss. There were only lower profit and higher costs throughout its businesses.

PHB has been valued purely based on its income statement and not on its assets and turnaround strategy of diversifying into properties (own malls), own brands (it purchased few brands for the past two years), F&B, etc.

As for e-business, PHB did invest into e-business since 2013. Btw, not all the branches in China are making loss. They have 50++ branches in China.

Posted by Gusen > 2015-03-23 09:42 | Report Abuse

friday hammer, today green stick, rebounce trend confirm.

Posted by GoldenShares > 2015-03-23 09:55 | Report Abuse

rebound, enjoy the games, : )

Posted by duitKWSPkita > 2015-03-23 09:58 | Report Abuse

do not set ur target over than 19%............ ideally, 15% is reasonable....

cheeeeeeeeeeeeeeeeerssssssssssssssssssssss

Posted by rlch > 2015-03-23 10:07 | Report Abuse

15% return meaning TP 2.40? RM 2.50-RM 2.80 still possible this year.

Posted by rlch > 2015-03-24 09:44 | Report Abuse

Downtrend over. Uptrend to resume?

Posted by rlch > 2015-03-24 10:17 | Report Abuse

NTA RM2.63. If Hunza can be privatized cash rich Parkson look even more deserved.

Posted by rlch > 2015-03-24 16:27 | Report Abuse

Possible another closing high like yesterday?

Posted by AdCool > 2015-03-24 16:55 | Report Abuse

Around Rm1 million spent on share buyback around 4:45PM. Don't think Parkson was buying much shares today and hence the current price remains at RM2.17

Posted by rlch > 2015-03-24 19:58 | Report Abuse

Shares buy back seem to slow down last 2 days unlike last week million shares from Wed-Fri, reaching 8.02% as at today. Perhaps mgmt. prefer to delay another share dividend after one this month.

Posted by rlch > 2015-03-25 08:51 | Report Abuse

RM 2.3 this week on continued share buy back?

Posted by AdCool > 2015-03-25 17:41 | Report Abuse

Hopefully the price is sustained tomorrow when the dividend shares have been payout.

Posted by cvbgck > 2015-03-26 17:58 | Report Abuse

price sustained

Posted by wwf05567 > 2015-03-27 20:09 | Report Abuse

TTB recommended long term buy.............

Posted by hooi > 2015-03-30 09:45 | Report Abuse

Bought Parkson at 2.19

Posted by rlch > 2015-03-30 14:35 | Report Abuse

Parkson suspended. Good or bad news?

Posted by soonice > 2015-03-30 14:36 | Report Abuse

parkson suspend ???

Posted by AdCool > 2015-03-30 14:39 | Report Abuse

where got suspend? Still trading

Posted by metroview > 2015-03-30 14:40 | Report Abuse

why suspended ? anyone know??

Posted by impossible > 2015-03-30 14:44 | Report Abuse

Privatise hahahaha

Posted by AdCool > 2015-03-30 14:51 | Report Abuse

yeah. it is prohibited to enter any order for the counter now. Just checked. But there s no announcement yet. Technical glitch?

Posted by Unbeatable Nick > 2015-03-30 14:53 | Report Abuse

so weird....suspension without any bursa announcement?!!

Posted by impossible > 2015-03-30 14:55 | Report Abuse

Staytuned for the news after 5pm:)

Posted by AdCool > 2015-03-30 14:57 | Report Abuse

Heavy sold down two weeks ago with crazy numbers. And now suspended without any announcement? Don't tell me that PHB wanna buy some company again just like Watatime last year.

Posted by AdCool > 2015-03-30 15:06 | Report Abuse

PRG HK released announcement of trading halt pending the release of an announcement in respect of inside information of the Company at 1:46PM today.

Posted by GoldenShares > 2015-03-30 15:19 | Report Abuse

audit issue ?

Posted by metroview > 2015-03-30 15:37 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1916461

Posted by cvbgck > 2015-03-30 16:47 | Report Abuse

doesn't state that suspend til when.

Posted by impossible > 2015-03-30 16:48 | Report Abuse

Tmr continue trading at 9am:)

Posted by share3 > 2015-03-30 17:27 | Report Abuse

i guess will be privatise hk parkson? cos parkson malaysia own 52.71% parkson hk to consolidate it business.

Posted by joannelim > 2015-03-30 21:16 | Report Abuse

there was no any further announcement in Hk xchange same as KLSE.

Posted by impossible > 2015-03-30 21:21 | Report Abuse

This is weird

Posted by AdCool > 2015-03-31 10:13 | Report Abuse

Still under suspension

Posted by mudwyx > 2015-03-31 12:57 | Report Abuse

good time to buy parkson share?

Posted by AdCool > 2015-03-31 13:51 | Report Abuse

There is still no announcement yet. Still anticipating.

Posted by maradonut > 2015-03-31 14:18 | Report Abuse

Koyahhhh again

Posted by ckbryan > 2015-03-31 22:06 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1919625

Posted by zero > 2015-03-31 22:07 | Report Abuse

http://www.theedgemarkets.com/my/article/parksons-hong-kong-subsidiary-prgl-issues-profit-warning

Posted by chang0509 > 2015-03-31 22:18 | Report Abuse

It will drop to rm1.00 soon?

Posted by goldenshares > 2015-03-31 22:25 | Report Abuse

PRGL had announced that according to the arbitral award dated 25 March 2015 issued by China International Economic and Trade Arbitration Commission (the “Arbitration Commission”), the Arbitration Commission made an award in favour of the landlord of the Premises (as defined in the PRGL Announcement) who is an independent third party (the “Landlord”) and ordered Parkson Retail Development Co., Ltd. (an indirect wholly-owned subsidiary of PRGL) (the “Tenant”) to, among other things, pay to the Landlord a fee in the amount of RMB36,757,641.60 for the occupation of the Premises after the termination of the Tenancy Agreement (as defined in the PRGL Announcement) and rental in the amount of RMB89,923,270.22 (being the difference between the amount of rental which the Tenant had already paid and the amount of rental which the Arbitration Commission had determined to be payable by the Tenant).

Posted by AdCool > 2015-03-31 22:28 | Report Abuse

Kena penalty but still can appeal as Arbitration Commission isn't the apex ruling.

Posted by goldenshares > 2015-03-31 22:30 | Report Abuse

so those sold like crazy two weeks ago not without reason, only retail buyers know nothing and continue to support the company, scary

Posted by rlch > 2015-03-31 22:32 | Report Abuse

WC(Share buy back) hoping to buy cheap from sellers panicking?

Posted by goldenshares > 2015-03-31 22:34 | Report Abuse

about 60 millions ringgit, wow, 2morow panic selling, no joke !

Posted by AdCool > 2015-03-31 22:38 | Report Abuse

Ruling only made on 25th March 2015. Heavy sold down was from 16th March 2015 - 20th March 2015. Unless, you are saying that the Arbitration Commission leaked out the ruling 9 days before the official ruling. There was no sell down for PRGL in HK exchange though during those period.

Still can appeal and seek a stay of execution until the appeal is complete.

Posted by goldenshares > 2015-03-31 22:46 | Report Abuse

corporate players knew the chances of the arbitration, they r pro, how much parkson has to spend and how long is the process of appeal ? even with a stay of execution, once corporate players lost confidence, game over

Posted by bohmiah > 2015-03-31 22:50 | Report Abuse

insider trading??? kena whacked few weeks ago ...

Posted by muscleLP > 2015-03-31 22:53 | Report Abuse

another Mas in the making, potential PN17

Posted by AdCool > 2015-03-31 23:03 | Report Abuse

PN17 is when they can't serve their debts. PHB is still a long way to reach that. MAS was in the red for more than 8 quarters and with the sad incidents of MH370 and MH17, that end it all and nail the coffin.

If PHB is in the red for the next 4 Q, then it is fair to say that PHB potentially can close shop like MAS. Anyway, the closer example now is AAX and definitely not PHB.