Posted by AdCool > 2015-06-20 13:22 | Report Abuse

Thank you ks55 for the words of wisdom in stock markets.

sharebuyback: Higher revenue not necessary translate into higher profit.

Posted by sharebuyback > 2015-06-20 13:44 | Report Abuse

Adcool, zerocool both of you cut loss? How much is your Parkson loss? I admire Hooi but not others.

Posted by AdCool > 2015-06-20 13:54 | Report Abuse

sharebuyback: I have accumulated PHB since 2012. After 3 years of continuing disappointing results and seeing no lights at the end of the tunnel yet, I decided to reduce half of my holdings for now and use the remaining amount to invest in a new counter which I have more confidence of getting profit. In term of percentage, the ROI is around -22% as of now factoring in all my contra, averaging, dividends.

Posted by sharebuyback > 2015-06-20 14:01 | Report Abuse

No wonder stock market produce 90% losers and only 10% winners. Why? Cut loss mentality because cannot wait.

Posted by AdCool > 2015-06-20 14:16 | Report Abuse

Shares dividends wont give you any advantage in term of value of your shares as there will be adjustment in counter price. If the counter price appreciates back, that would be great but looking at the past 3 shares dividends, the counter continued to fall as ppl sold off their dividend shares. We will know by 23rd June @ next Tuesday whether this trend will continue for this 4th shares dividend.

Posted by AdCool > 2015-06-20 14:22 | Report Abuse

Btw, the treasury shares holding as of 9th June 2015 is 5.77%. There was no shares buyback after that. Hence, it is not ceiling yet.

Posted by sharebuyback > 2015-06-20 15:04 | Report Abuse

Adcool please check last year condition do share buy back continue after 2nd time share dividend 6%?

Posted by sharebuyback > 2015-06-20 15:48 | Report Abuse

Only retailers sold Parkson. William Cheng, Tabung Haji. GIC, Icap still hold tightly.

Posted by AdCool > 2015-06-20 16:52 | Report Abuse

Guess you still did not get the message that I am trying to say here. Just to summarize, I was saying that it is of the interest of the minority share holders that PHB gives cash dividends rather than shares dividends as the counter isn't appreciating after 4 rounds of shares dividends.

In other words, the shares dividend worth much lower than cash dividend even though PHB spent the same amount of money. And because of this, I do not have much support and confidence of the management and hence reduced my stakes after 3 years @ 12 quarters. More than enough for me to make the call to cut loss.

As for those who still have high confidence with PHB management, by all mean, you can continue to support and buy more so the price can appreciate. I will be happy if the price appreciates and that would reduce my loss for my remaining stakes in Parkson.

Posted by muscleLP > 2015-06-20 23:56 | Report Abuse

Parkson 1.20 is matter of time, collapsed !

Posted by walau2u > 2015-06-20 23:59 | Report Abuse

If retailers selling, impossible price can drop tis much..............

Posted by sharebuyback > 2015-06-21 09:29 | Report Abuse

I just checked other counter postings by muscleLP. Can you trust him?

Posted by muscleLP > Jun 17, 2015 10:59 AM | Report Abuse
Airasia to be delisted soon

Posted by sharebuyback > 2015-06-21 09:31 | Report Abuse

walau2u you have your point as well since none of i3 forummers here come to admit. I think FF selling more likely as many counters also sold by them recently.

Posted by sharebuyback > 2015-06-21 09:35 | Report Abuse

Tomorrow last day to buy 3 for 50 share dividend. Will Parkson rebound?

Posted by Tan Yu Chi > 2015-06-21 22:46 | Report Abuse

yes, it is a buy, buy low not sell low, the price is interesting, may be it can go lower then buy again not sell.

Posted by AdCool > 2015-06-22 09:53 | Report Abuse

Not moving even on last day. Should the closing price is RM1.72 and with ex date, the adjusted price would be RM1.62

Posted by AdCool > 2015-06-22 09:54 | Report Abuse

RM1.50 as predicted by ks55 is possible after payment date.

Posted by sharebuyback > 2015-06-22 12:02 | Report Abuse

Buy more today to get more share dividend.

Posted by Tan Yu Chi > 2015-06-22 12:37 | Report Abuse

Not in a hurry, keep the buying power for more 10 sen may be offer by WC, remember he is an old fox with legend. WC, I know your tricks, let him works it out, pushing down, clear all, then all the way up then sell the entitle business for good money go retire.

Posted by Boss_buy > 2015-06-22 16:03 | Report Abuse

WC bought at over RM2.30, I follow him buy at cheaper price.

Posted by AdCool > 2015-06-22 23:32 | Report Abuse

Tomorrow is the D-Day to see if Parkson continues with its downtrend. Adjusted price should be RM1.63

Posted by sharebuyback > 2015-06-23 09:30 | Report Abuse

Luckily i3 forummers is smart not to sell Parkson at multi year low cheaply.

Posted by sharebuyback > 2015-06-23 09:38 | Report Abuse

As seen here, William Cheng(Parkson major shareholder) has bought Parkson at much higher price since last year meaning nothing wrong with Parkson.
http://klse.i3investor.com/servlets/stk/annchdr/5657.jsp

Posted by AdCool > 2015-06-23 09:48 | Report Abuse

WC gonna to offer MGO since his holding is more than 33% now. See what price he gonna offer as it will impact the price. Imagine if he only offer RM1.70, indirectly he is saying that PHB is only worth that much but in actual fact, he doesn't have the sufficient fund to take over PHB.

Posted by AdCool > 2015-06-23 09:59 | Report Abuse

Further reducing stakes in PHB and thanks to the small increase today, manage to reduce my loss. With the remaining stakes that I have in PHB, can keep them in the cold fridge and revisit them again in 1 - 1.5 year time.

Posted by culain99 > 2015-06-23 16:38 | Report Abuse

maybe drop further

Posted by sharebuyback > 2015-06-25 12:33 | Report Abuse

Something wrong in Parkson. PRL(the one troubled by landlord issue in China) trading higher than Parkson. Parkson does not own PRL 100% so should not be 100% affected.
https://www.google.com/finance?cid=702594

Posted by davidkkw79 > 2015-06-25 12:36 | Report Abuse

Its instrinc value is only 50 sen...

Posted by sharebuyback > 2015-06-25 12:46 | Report Abuse

Lower than cash balance? How true?

Posted by AdCool > 2015-06-25 13:12 | Report Abuse

sharebuyback, nothing is wrong. Do take note that PRG HK trades in HK dollar whereby the currency rate is lower than RM. The actual D day should be 2nd July when the shares dividend is paid out. Then we will know if ppl sell or hold.

Posted by GoldenShares > 2015-06-25 16:58 | Report Abuse

parkson, it was one of the best companies in Malaysia, it needs new management, not WC

Posted by Goodnews > 2015-06-26 03:30 | Report Abuse

Parkson Retail Asia Ltd’s Latest Earnings: Is the Worst Finally Over?
http://www.fool.sg/2015/05/15/parkson-retail-asia-ltds-latest-earnings-is-the-worst-finally-over/

Posted by speakup > 2015-06-26 11:29 | Report Abuse

how come no IB issue any Put warrants on Parkson?

Posted by speakup > 2015-06-26 12:18 | Report Abuse

BEHEADING!

Posted by hooi > 2015-06-26 12:27 | Report Abuse

Bought Parkson at 1.60

Posted by AdCool > 2015-06-26 13:47 | Report Abuse

poor Parkson. Ppl start selling already their dividend shares

Posted by hooi > 2015-06-26 15:27 | Report Abuse

Bought Parkson at 1.590

Posted by GoldenShares > 2015-06-26 15:29 | Report Abuse

wow, new 52 weeks low, expected, : )

Posted by GoldenShares > 2015-06-26 15:34 | Report Abuse

wow, 1.58, : )

Posted by hooi > 2015-06-26 15:37 | Report Abuse

Bought Parkson at 1.58

Posted by HolyCrab > 2015-06-26 15:37 | Report Abuse

haha holy sh1t counter

Posted by JimYeoh > 2015-06-26 15:53 | Report Abuse

waiting for 1.50

Posted by AdCool > 2015-06-26 17:15 | Report Abuse

hooi is still trying to catch the falling knife from 4.50++ until now?

Posted by AdCool > 2015-06-26 17:16 | Report Abuse

mana sharebuyback? What is your view now since you were a strong advocate for shares buyback from PHB?

Posted by speakup > 2015-06-26 17:17 | Report Abuse

soon parkson will be penny stock just like other lion counters : lioncorp, lionind, liondiv, lionfib

Posted by Y2016 > 2015-06-26 22:41 | Report Abuse

It's a good sign that Parkson stops buying back their shares

Posted by Kian Leong Lim > 2015-06-27 20:18 | Report Abuse

How can Parkson reverse its losing trend:
In my opinion, Parkson should focus on doing what is important to customers: these are the five areas I believe is important to customers---- (1) time (simplicity or easy to shop), (2) output ( basic or necessary items) , (3) energy (cost saving), (4) enjoyment (happiness) and (5) control (satisfaction)----that are important to all human beings.

Posted by sharebuyback > 2015-06-28 13:49 | Report Abuse

Recent selldown likely retailers buy on contra or margin hoping share buy back will rescue them as in the past. When share buy back suddenly stop these buyers suffer from force selling. So only buy with money you have not margin or contra as our timing cannot be 100% accurate.

Posted by sharebuyback > 2015-06-28 13:50 | Report Abuse

Just visit a Parkson store today for window shopping. See very crowded with people. Must be Muslim shopping for their Hari Raya. Their cash register must be ringing with cash again. Department store business is cash term no wonder Parkson always flooded with so much cash.

Posted by davidkkw79 > 2015-06-28 20:50 | Report Abuse

Damn losy management, go to hutan place pulau melaka to open its mall. A huge mistaken to invest in hutan !