Posted by Goodnews > 2015-06-28 20:56 | Report Abuse

Pulau Melaka is for expansion purpose and avoid paying escalating rental expenses in Mahkota Parade. Should be good in long term.

Posted by hooi > 2015-06-29 09:28 | Report Abuse

Bought Parkson at 1.57

Posted by AdCool > 2015-06-29 09:46 | Report Abuse

1.50 is coming soon. I wonder if PHB will become like AAX. drop until 21 sen.

Posted by hooi > 2015-06-29 15:11 | Report Abuse

Bought Parkson at 1.56

Posted by speakup > 2015-06-29 16:10 | Report Abuse

BEHEADING!!!!

Posted by Ah Ha > 2015-06-29 16:22 | Report Abuse

how come i have not get the 50:3 shares in my CDS?

Posted by AdCool > 2015-06-29 17:43 | Report Abuse

Ah Ha: Payment date is 2nd July

Posted by Ferisc > 2015-06-29 18:06 | Report Abuse

Adcool,no takeover offer from WC?

Posted by AdCool > 2015-06-29 18:15 | Report Abuse

Payment date 2nd July. Holding for WC as of now still below 33%. If he doesnt want to offer MGO, he may sell down its stake. That will spell more trouble for PHB price in moving ahead. Imagine WC sells his stakes, retail investor will be panic like mad if that happens

Posted by Kian Leong Lim > 2015-06-29 19:11 | Report Abuse

Future company's earnings are not predictable, whether its businesses will surely become better is also a doubt, why buy? There is no free lunch in life, this Mr. WC hasn't learned it yet because he is raised from a silver spoon, he can't not understand what is it like to live without money, the pain of huge borrowings, and the headache of begging other people to help him. He hasn't learn all of those tricks yet. He hasn't even learn that happiness is more important than money until he loses all his happiness.

Posted by sharebuyback > 2015-06-30 09:25 | Report Abuse

Can anyone call(contact) Parkson why don't they resume share buy back?

Posted by sharebuyback > 2015-06-30 09:26 | Report Abuse

Once in a while resuming share buy back will allay concern Parkson run out of money.

Posted by Ferisc > 2015-06-30 10:02 | Report Abuse

Anyone know WC share holding level before current share dividend? Base on notice of 15/4/2015, he direct share holding is 32.14%.

Posted by AdCool > 2015-06-30 10:42 | Report Abuse

Ferisc: I think your info is as good as we can obtain from Bursa. 32.14% as direct interest.

Posted by Ferisc > 2015-06-30 12:18 | Report Abuse

Adcool, is that mean if he having another 0.86% of share which made him garner 33% of direct interest will trigger him to takeover offer?

Posted by sharebuyback > 2015-06-30 12:41 | Report Abuse

32.14% direct interest
26.38% indirect interest
58.52% total shareholding.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4706517

Posted by AdCool > 2015-06-30 13:45 | Report Abuse

If there re no other conditions, Bursa existing policy should mandate him to offer a MGO. Any others are aware on this?

Posted by hooi > 2015-07-01 16:29 | Report Abuse

Bought Parkson at 1.55

Posted by tc88 > 2015-07-01 19:10 | Report Abuse

Hooi, if Parkson drop to RM1, will u still buying?

Posted by hooi > 2015-07-01 19:23 | Report Abuse

Why not?

Posted by tc88 > 2015-07-01 19:24 | Report Abuse

Hooi, are u still buying Scomi also? Why u so confident on Parkson?

Posted by hooi > 2015-07-01 19:40 | Report Abuse

Completed buying program for Scomi at 0.205. My first bought Parkson around 7.50 and sold around 10.00 in 2007. Second bought around 5.50 and sold around 7.00. This is my third time accumulate Parkson!

Posted by AdCool > 2015-07-01 20:51 | Report Abuse

Hooi, don't you think the current scenario is different from last time? There are no growth at all for the last 3 years.

Posted by bestoffer > 2015-07-01 20:56 | Report Abuse

Bravo! Hooi……………..

Posted by Goodnews > 2015-07-01 21:02 | Report Abuse

Wah Parkson has gone up to RM 10? If I buy now and later become RM 10 meaning I make 6X more? Can sell 1 house and later get 6 houses.

Posted by hooi > 2015-07-01 21:45 | Report Abuse

My target price for this round around 2.30

Posted by AdCool > 2015-07-01 22:31 | Report Abuse

What catalyst to boost back the price?

Posted by hooi > 2015-07-01 23:27 | Report Abuse

I think Parkson oversold, average target price at 2.38!

Posted by AdCool > 2015-07-02 09:40 | Report Abuse

That s the sentiment of the market. It always beat fundamental. And it doesnt help that Parkson keeps generating bad news from its businesses in China and Vietnam.

Posted by hooi > 2015-07-02 14:44 | Report Abuse

Bought Parkson at 1.54

Posted by sharebuyback > 2015-07-02 14:56 | Report Abuse

Anyone receive their share dividend today? Me still not yet received although today is payment date. Hopefully Parkson can move up once clear all the sellers from share dividend.

Posted by AdCool > 2015-07-02 17:30 | Report Abuse

not yet receive. Shanghai market drops a lot and may further affect consumer sentiment.

Posted by tc88 > 2015-07-02 18:16 | Report Abuse

Hooi, ur average target price at 2.38? Mean ur average price lower?
U been buying since around 5, still can get average below RM2.38?

Posted by hooi > 2015-07-02 19:21 | Report Abuse

Latest average price target : 2.36(MIDF, RHBOSK, KENANGA, PBB & AMBANK), my average price < 1.90

Posted by GoldenShares > 2015-07-03 11:51 | Report Abuse

wow, new 52 weeks low at 1.53

Posted by calvintaneng > 2015-07-03 11:55 | Report Abuse

Still stuck in a long term downtrending industry?

Alibaba & Tabao have taken over Parkson sales.

Go to Shopping Malls. OPEN YOUR EYES & SEE

All outlets are supermarkets, DIY Stores, Hair Saloon & F&B Outlets.

The Days for Departmental shoppings are over.

Posted by GoldenShares > 2015-07-03 12:32 | Report Abuse

Malaysia Retailers Association (MRA) have lowered the projected retail sales growth rate in 2015 for the third time from 4.9% to 4.0% as consumers hold back their spending due to higher costs of living, a weak Ringgit and higher cost of doing business.

Posted by AdCool > 2015-07-03 13:22 | Report Abuse

Many long term investors lose a lot in PHB if you have been keeping since RM5. PHB is a good example that even with strong cash flow and balance sheet, it doesn't mean the share price going to be stable but instead lose 68% in 3 years time.

Find another re-entry price in Q3 or Q4 this year when there is no more downtrend for its business. Should its business still continue to go downtrend, PHB has to exist China market as it is no longer viable.

Posted by hooi > 2015-07-03 15:10 | Report Abuse

Bought Parkson at 1.53

Posted by davidkkw79 > 2015-07-03 15:25 | Report Abuse

of course Hektar is much more better than holland parkson. Parkson its bussiness is deterioting

Posted by hooi > 2015-07-03 15:38 | Report Abuse

Bought Parkson at 1.52

Posted by AdCool > 2015-07-03 17:11 | Report Abuse

At 1650, there were best buy at 1.670 and best sell at 1.45. The same trend during shares buy back but stopped when there were no longer shares buyback. Today, this trend happens again but with low volumes. And due to this, PHB closed from 1.55 to 1.52 in the last 10 mins of trading. Manipulation???

Posted by GoldenShares > 2015-07-03 17:13 | Report Abuse

ks55, i like your REIT comments

Posted by sharebuyback > 2015-07-03 17:19 | Report Abuse

Reit-good for dividend. Capital gain?. Parkson-can Parkson go back to RM 2 or higher or even lower? Only time can judge.

Why no one here ask Parkson why not continue their share buy back?

Posted by sharebuyback > 2015-07-03 17:38 | Report Abuse

Today and yesterday drop could be someone selling their share dividend. Let's see next week anymore selling from those share holders.

Posted by AdCool > 2015-07-03 17:46 | Report Abuse

No one in the right mind will sell at 1.45 at 1650 when the price is trading at 1.55. There is some pattern here. One side bid highest at 1.67 and the other sell lowest at 1.45 and both order executed at 1650

Posted by sharebuyback > 2015-07-03 17:47 | Report Abuse

If Parkson intend to continue share buy back after selling from those getting share dividend is over is also a good move.

Posted by sharebuyback > 2015-07-03 17:54 | Report Abuse

Hooi, I would suggest you to contact Parkson to resume their share buy back now price very cheap otherwise you will lose a lot of money the way you are buying. I try to find IR contact e-mail and no but fail.

Posted by AdCool > 2015-07-03 18:07 | Report Abuse

sharebuyback: contacts for PHB IR. quahlc@lion.com.my, chanpl@lion.com.my

Posted by Ferisc > 2015-07-03 18:40 | Report Abuse

Time to accumulate if price drop below 1.45.