Posted by rlch > 2015-04-21 21:59 | Report Abuse

Positive as Parkson is deemed undervalued by management hence the need for constant shares buy back.

Posted by AdCool > 2015-04-22 09:36 | Report Abuse

not necessary due to undervalue. Another reason is for the management to defend the share price. They have been buying back since 2013 and still buying now. However that didn't able to stop the price from dropping amid in a slower pace.

Posted by hooi > 2015-04-22 10:01 | Report Abuse

Bought Parkson at 2.11 & 2.12

Posted by rlch > 2015-04-22 18:42 | Report Abuse

Adcool, do you see any share buy back when Parkson traded above RM4? If not mistaken Parkson was traded as high as RM7 just few years back, hence I think undervalued now.

Posted by rlch > 2015-04-22 18:42 | Report Abuse

Another 0.48% buy back needed to reach 5%.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4713905

Posted by hooi > 2015-04-24 09:42 | Report Abuse

Bought Parkson at 2.09 & 2.10

Posted by GoldenShares > 2015-04-24 11:53 | Report Abuse

it will need more than two years to recover, price will move within 2.05 - 2.10

Posted by AdCool > 2015-04-24 12:09 | Report Abuse

In 2013, I also said that it will need more than 2 years to recover. Now's it's already 2015, it will need another 2 years to recover. Lol. I don't think it can recover to the level in 2009, 2010 and 2011 but to the level of 2013 perhaps.

The business in China has changed and the spending power has changed as well. Hence, PRGL should aim for halting the continuous profit reduction, and sustaining it. Next, to grow it in a sustainable rates. China is aiming for 7% growth in 2015. If PRGL can achieve a 5% growth in profit, that would be great already.

Can they stop the downtrend after these 3 years or maybe PHB is going to break the fourth year downtrend? It remains to be seen.

Posted by AdCool > 2015-04-28 11:33 | Report Abuse

PRGL is challenging the Arbitration ruling.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4717513

Posted by rlch > 2015-04-28 17:59 | Report Abuse

Many i3 members said Parkson not good. Today show otherwise when over 700counters are down.

Posted by AdCool > 2015-04-29 09:43 | Report Abuse

rich, it s all due to share buy back. Until now, it still doesn't break RM2.20. Prior to the Arbitration, the average prices is RM2.45 but now is RM2.10. All because of the Arbitration ruling. Means the market value PHB at RM2.10 and think it is fair price.

If there is another negative news like the Arbitration ruling, the price can go down below RM2. In 2 months time, when the appeal hearing result is out, we will know if PHB will go down further. Else, it should back to RM2.45.

Posted by hooi > 2015-04-29 11:12 | Report Abuse

https://www.moodys.com/research/Moodys-Parksons-profit-warning-is-credit-negative-but-has-no--PR_323975

Posted by xenolover > 2015-04-29 23:11 | Report Abuse

one year ago, when this counter traded with huge volume near 37million share, since that its price continue slide downside 10% then rebound to near RM3.00 .... The history tend to repeat itself. A fallen katana, why not pick it up.

Posted by rlch > 2015-05-02 09:26 | Report Abuse

New business venture.

venturing into the business of operating a theme park, education centres and nursery centres, food & beverage operations, and merchandising operations in Malaysia.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4725617
02/05/2015 09:25

Posted by Ah Ha > 2015-05-04 22:21 | Report Abuse

Good to diversify and it's timely. Up to RM3.90 again..

Posted by AdCool > 2015-05-07 10:50 | Report Abuse

This is just a small investment. Won't be significant in term of earning. I am more interested in their F&B venture in China and how that could contribute more to earning.

Posted by AdCool > 2015-05-09 16:42 | Report Abuse

Shares buy back is now sufficient to declare another round of 20:1 shares dividend.

Posted by rlch > 2015-05-09 17:02 | Report Abuse

Still got 0.21% buy back to reach 5% to declare 1 for 20 share dividend. Probably can reach when announce QR this month.

Posted by AdCool > 2015-05-09 19:15 | Report Abuse

Treasury shares are not entitled to shares dividend. Hence, the calculation is 100% - Treasury shares (%) x 5%.

Posted by adcool > 2015-05-14 13:49 | Report Abuse

PRAL Q3 results:
http://www.parkson.com.sg/wp-content/uploads/PRA_FY2Q15_Q3_Announcement.pdf

Posted by adcool > 2015-05-14 17:39 | Report Abuse

Jatuh lagi. Must be expecting bad financial results end this month.

Posted by hooi > 2015-05-15 11:12 | Report Abuse

https://www.fool.sg/2015/05/15/parkson-retail-asia-ltds-latest-earnings-is-the-worst-finally-over/

Posted by jeannie > 2015-05-15 12:01 | Report Abuse

still have faith arr....as long as I gain back my losses, thanks them...

Posted by AdCool > 2015-05-17 13:48 | Report Abuse

jeannie: Same here.

Posted by sharebuyback > 2015-05-18 10:23 | Report Abuse

Share buy back mean Parkson got a lot of money. Good buy now.

Posted by sharebuyback > 2015-05-19 21:07 | Report Abuse

Buy back reach 5% today. 1 for 20 share dividend soon? Padini announce better result. Can Parkson follow?

Posted by sharebuyback > 2015-05-19 21:27 | Report Abuse

Why Parkson got so much money to buy back shares?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4741453

Posted by hooi > 2015-05-20 08:18 | Report Abuse

Deposits, cash and bank balances > RM2.6b (2014 annual report)

Posted by aNn3 > 2015-05-20 12:01 | Report Abuse

is this good price to buy now?

Posted by hooi > 2015-05-20 19:05 | Report Abuse

At 2.08, market cap around RM2.2b. Good price to buy for value investor!

Posted by AdCool > 2015-05-20 22:05 | Report Abuse

once u enter this counter, be prepared to hold at least 2-3 years.

Posted by AdCool > 2015-05-22 09:49 | Report Abuse

Parkson Retail Group released results yesterday:

http://www.hkexnews.hk/listedco/listconews/SEHK/2015/0521/LTN20150521293.pdf

As expected, due to one off provision of the arbitrary award arising from the disputes in the Beijing Metro City Shopping Plaza’s Tenancy Agreement which amounted to RMB140.9 million, the Group recorded a loss attributable to shareholders of RMB27.3 million in the first quarter of 2015.

Posted by hooi > 2015-05-28 10:35 | Report Abuse

http://cdn1.i3investor.com/my/files/dfgs88n/2015/05/28/1482896775-1723186311.pdf

Posted by hooi > 2015-05-28 12:12 | Report Abuse

http://klse.i3investor.com/servlets/ptres/30425.jsp

Posted by sharebuyback > 2015-06-02 02:46 | Report Abuse

Share buy back quantity above 1 million shares when price drop below RM 2. Sign of grossly undervaluation below RM 2. Also meaning Parkson still have a lot of cash in its balance sheet something not many companies can be proud of.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4761073

Posted by adcool > 2015-06-03 15:23 | Report Abuse

share buy back is unable to defend the price at RM2.

Posted by GoldenShares > 2015-06-04 10:40 | Report Abuse

immediate support at 1.90, next 1.78

Posted by GoldenShares > 2015-06-04 10:40 | Report Abuse

new 52 weeks low expected

Posted by hooi > 2015-06-04 11:55 | Report Abuse

Bought Parkson at 1.90

Posted by GoldenShares > 2015-06-04 12:29 | Report Abuse

1.89, new 52 weeks low as expected, critical support at 1.90 breached, next support at 1.78 and 1.66 respectively

Posted by hooi > 2015-06-04 14:56 | Report Abuse

Bought Parkson at 1.87

Posted by GoldenShares > 2015-06-04 15:03 | Report Abuse

wow, 1.86 already, panic selling !

Posted by hng33 > 2015-06-04 15:18 | Report Abuse

Bought Parkson at 1.87-1.88

Posted by AdCool > 2015-06-04 15:24 | Report Abuse

Another bad news coming without us knowing???

Posted by King of Mountain > 2015-06-04 15:38 | Report Abuse

Flush out those panic holders. Good news coming soon

Posted by hng33 > 2015-06-04 16:54 | Report Abuse

Sold back all at 1.89, realize slim contra gain

Posted by AdCool > 2015-06-04 19:47 | Report Abuse

what good news? Don't think there's any

Posted by goldenshares > 2015-06-05 10:55 | Report Abuse

1.85, new low again

Posted by davidkkw79 > 2015-06-05 10:56 | Report Abuse

vincent company u guys still dare to invest ah ?!

Posted by goldenshares > 2015-06-05 10:57 | Report Abuse

waw, what happen to the giant, next support at 1.78