Posted by muscleLP > 2015-07-03 21:32 | Report Abuse

Parkson no more funds for share buyback, more legal proceedings against Parkson in China expected

Posted by Ferisc > 2015-07-04 08:47 | Report Abuse

Adcool, no more take over offer? If take over offer is 1.60, would u think it is able pass through? To pass through only need 50% of shareholder approval will do right?

Posted by AdCool > 2015-07-04 15:11 | Report Abuse

It won't as most are trapped over RM2 and the NTA is around RM2.60 as reported.

Posted by AdCool > 2015-07-04 15:28 | Report Abuse

I don't think there is any good price to accumulate PHB now even if it drops until 1.45 since the downtrend is still progressing and not stopping since 2012, in parallel with China market performance. China market continue to contract and don't seem to be reversing anytime soon. Hence, PHB will continue to be downtrend at least for 2015.

If u ask me, I would rather save my 'bullets' and focus on other counters for now as I see no uptrend for PHB for the next few quarters. ks55 has been consistently pointing that PHB is very weak as the main shareholder @ WC is also very weak. All lion industry companies are very weak too.

Anyway, do not listen to me completely as you may have your own strategy for PHB just like Hooi and sharebuyback who have been accumulating even it s downtrend. As for me, I have sold majority of my position in PHB and may sell off my remaining stake if PHB goes below RM1.50.

Posted by Ferisc > 2015-07-04 17:51 | Report Abuse

Thanks for sharing.

Posted by Ferisc > 2015-07-04 19:24 | Report Abuse

Adcool, if there is chance WC will offer take over price at higher than 1.6, why not waiting until offer time instead of settle to lower price if price drift down to 1.5?

Posted by calvintaneng > 2015-07-05 15:50 | Report Abuse

All young, middle age & old seniors can go read www.chick,com

For me I have never bought one single item from Parkson in Holiday Plaza Johor.

Since Parkson is the anchor tenant of Holiday Plaza it speaks volume that many shops are closing & going for auction in Johor High Court.

Posted by sharebuyback > 2015-07-05 16:11 | Report Abuse

Why Parkson latest QR revenue show highest ever and NTA increase to RM2.64(higher than when Parkson is near RM10)? 2 people(ks55 and calvin) does not shopping at Parkson does not mean other M'sian or others(China, Sporean, etc) don't go there shopping is the truth.
http://klse.i3investor.com/servlets/stk/fin/5657.jsp

Posted by sharebuyback > 2015-07-05 16:12 | Report Abuse

I also don't go starbuck do others have to follow me?

Posted by tc88 > 2015-07-05 16:44 | Report Abuse

Sharebuyback, how about internet giant like alibaba or taobao, do u think Parkson can beat them?

Posted by AdCool > 2015-07-05 17:09 | Report Abuse

with the latest round of scandal and allegation from Sarawak report and WSJ, Monday gonna be bad for the market. Guess Parkson may goes down to 1.45 and below in such a weak sentiment.

Posted by Chung > 2015-07-05 22:50 | Report Abuse

KS55
Who don't know your mother is female ? Who don't know to buy share at low and sell at high ? But when is the time share is the lower to buy and when is the higher to sell. we all don kmow. If eveyone know when to buy and when to sell there will not bagger on The street.

Posted by hassan_s > 2015-07-06 06:27 | Report Abuse

why so angry ks55... smart people lose face when they get angry in public. PARKSON buy below 1.5 TP@1.7

Posted by hooi > 2015-07-06 09:20 | Report Abuse

Bought Parkson at 1.49-1.51

Posted by hooi > 2015-07-06 09:49 | Report Abuse

Bought Parkson at 1.48

Posted by justgan > 2015-07-06 09:49 | Report Abuse

buy high buy low ka sell high sell low ka is all up to the individual investor... just keep to yourself! this is share market... no one is in the position to stop others from investing in any stock... money is in your own hand!

Posted by AdCool > 2015-07-06 09:58 | Report Abuse

Goodbye Parkson. What a horrible n memorable journey I had with you. Expensive lesson but it sure taught me a great lesson. All the best to the rest!!!

Posted by Goodnews > 2015-07-06 10:10 | Report Abuse

Who need to sell stocks at huge loss?
1) Jobless people(otherwise how to cover living expenses)
2) Margin buyers(to meet margin call)
3) Frustrated due to seeing other stocks rise but the one they own keep dropping
4) Company has no future or keep making loss(otherwise delisted)

Parkson belong to which one?
3)?

Posted by Goodnews > 2015-07-06 10:13 | Report Abuse

PRL moving up again. When is Parkson turn?

Posted by hooi > 2015-07-06 10:13 | Report Abuse

Bought Parkson at 1.47

Posted by muscleLP > 2015-07-06 10:17 | Report Abuse

Bought Parkson at 1.45

Posted by AdCool > 2015-07-06 10:21 | Report Abuse

5) China market is weak and WC is very weak too due to his steel businesses. No catalyst to boost back the confidence and price level. More towards pushing down the price due to negative sentiments.

Posted by JimYeoh > 2015-07-06 11:09 | Report Abuse

waiting for 1.40 to reload more..

Posted by Mattew Chew > 2015-07-06 11:26 | Report Abuse

Jim, i will join you.....he...he....hope can get $$$$

Posted by hooi > 2015-07-06 11:54 | Report Abuse

Bought Parkson at 1.46

Posted by muscleLP > 2015-07-06 12:36 | Report Abuse

Bought Parkson at 1.43

Posted by muscleLP > 2015-07-06 12:37 | Report Abuse

Q 1.40 and 1.37

Posted by angelinaloke > 2015-07-06 12:41 | Report Abuse

joint your group. bought parkson at 1.40~1.47.

Posted by Ferisc > 2015-07-06 13:39 | Report Abuse

Those buying now is really much cheaper than the price 2 months ago ^_^.

Posted by tc88 > 2015-07-06 13:41 | Report Abuse

Mahathir will not give face to Najib...KLCI will drop more.....Parkson TP RM1.2

Posted by AdCool > 2015-07-06 14:59 | Report Abuse

PRGL also drop 10 cents today.

Posted by angelinaloke > 2015-07-06 15:41 | Report Abuse

if 1.2, buy more ...

Posted by AdCool > 2015-07-06 22:43 | Report Abuse

Parkson is competing with AirAsia and see who will reach Rm1.2 first.

Posted by calvintaneng > 2015-07-06 22:59 | Report Abuse

Parkson was once called Almagamated Containers. It was Rm1.20 when name changed to Parkson. At the change of name came a change of fortune - Parkson shot up to near Rm10.00

After that the Parkson balloon fizzled out. Support is at Rm1.20

For AirAsia (Full of Air in Asia) it went up from 80 cents to over Rm4.00. Will it fall back below Rm1.00?

Tony has admitted that its problems were caused by MAS.

See which one breaks Rm1.00 first.

Posted by davidkkw79 > 2015-07-06 23:18 | Report Abuse

No need to see. Historical has been proving that whatever stock u buy, will just lead to become penny stocks and became toilet paper.

Posted by yheehong > 2015-07-07 09:43 | Report Abuse

Anyone know why the company stop buying back?

Posted by chloe_ts > 2015-07-07 10:09 | Report Abuse

free fall..

Posted by hooi > 2015-07-07 10:16 | Report Abuse

Bought Parkson at 1.45

Posted by hooi > 2015-07-07 11:05 | Report Abuse

Bought Parkson at 1.44

Posted by Ferisc > 2015-07-07 11:16 | Report Abuse

For those hold the share, no one will tell you now whether you are making a right decision. For those worrying if the share price will further go down, l think it is better to sell rather than be worried every day. The winner is always for those who have the holding power, perseverance, patience, unwavered determination and having good insights.

Posted by hooi > 2015-07-07 12:12 | Report Abuse

Bought Parkson at 1.43

Posted by Ferisc > 2015-07-07 12:51 | Report Abuse

ks55, if like what you say the reverse tide do happens, that's good for those who want to exit. Have seen you say the same in before, just wondering how confident or what make your to think that is the possible scenario to happen in coming?

Posted by AdCool > 2015-07-07 13:50 | Report Abuse

Hooi been buying since RM2. What is your average price now?

Posted by sharebuyback > 2015-07-07 14:28 | Report Abuse

How much cash does Parkson have in its latest March 2015 balance sheet? Since Parkson business is in shopping mall, how much investment properties does Parkson have? Shares in PRG and PRa total how much value?

Posted by sharebuyback > 2015-07-07 14:32 | Report Abuse

Parkson investment properties if sell at current market value can Parkson realize gain?

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

Now Parkson is trading at 55% NTA of RM 2.64. Is it overvalued when some of its assets are cash, investment properties and shares in listed companies?

Posted by sharebuyback > 2015-07-07 14:46 | Report Abuse

If Parkson still profitable expect NTA to rise even higher.

Posted by sharebuyback > 2015-07-07 14:50 | Report Abuse

hooi and others are you still holding Parkson? I have helping you as I have many counters to take care as well attacking people counters.

Posted by sharebuyback > 2015-07-07 14:53 | Report Abuse

ks55 you should analyse whether KC Chong counters(last on is Elsoft in case you miss it)is worth buying base on asset. Why don't you buy all his counters since you like him so much. Please answer.

Posted by Chung > 2015-07-07 14:54 | Report Abuse

Parkson share get lower and lover someone pretend like expert talk and give so much comment. In reality does this expert make money from this counter ? He talk asked you to buy another words asked your to support it continue go down. Who is this guy ?