PARKSON HOLDINGS BHD

KLSE (MYR): PARKSON (5657)

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Last Price

0.175

Today's Change

-0.005 (2.78%)

Day's Change

0.175 - 0.18

Trading Volume

47,300


15 people like this.

13,050 comment(s). Last comment by I_like_dividend 1 day ago

HowIn

226 posts

Posted by HowIn > 2015-08-17 22:03 | Report Abuse

10 sen dividend will boost up share?

Posted by paperplane3 > 2015-08-18 08:54 | Report Abuse

after div continue downtrend. don't waste time here

Posted by angelinaloke > 2015-08-18 10:51 | Report Abuse

drop 2c with such so call good news..

Goodnews

288 posts

Posted by Goodnews > 2015-08-18 11:28 | Report Abuse

Latest TP RM 2.35.
http://klse.i3investor.com/servlets/ptg/5657.jsp

Posted by angelinaloke > 2015-08-18 11:30 | Report Abuse

why 85% upside still hold ? what type of rating ?

Goodnews

288 posts

Posted by Goodnews > 2015-08-18 11:47 | Report Abuse

vivianontheroad Parkson is not making loss. A loss making company cannot give 10sen dividend.

angelinaloke I afraid hooi is the one selling recently because if one continue to buy one may face margin call selling. Hope hooi can come out to say I am wrong.

Goodnews

288 posts

Posted by Goodnews > 2015-08-18 11:59 | Report Abuse

If read Public Invest report 10sen dividend ex-date latest should be by 30th Sep. Why are someone still selling Parkson cheap today?
http://klse.i3investor.com/servlets/ptres/31757.jsp

Goodnews

288 posts

Posted by Goodnews > 2015-08-18 12:07 | Report Abuse

Sep give 10sen dividend. Oct-Nov Parkson continue share buy back?

Posted by angelinaloke > 2015-08-18 12:35 | Report Abuse

goodnews, so desperate for pushing up Parkson. Stucked a lot ?
The 10c delivend only by Jan 2016 subjected to completion of the deal NOT 30th Sept.

AdCool

3,864 posts

Posted by AdCool > 2015-08-18 13:33 | Report Abuse

10 cent is just a proposal in Q1 2016. Not now and proposal can be scrap off anytime.More like to stabilize the sell down with such uncommitted news. Just wait for Q2 results by end this month. Going to be another sell down as China market is real bad for retails and spending.

Don't be trapped by WC again.

Goodnews

288 posts

Posted by Goodnews > 2015-08-18 14:27 | Report Abuse

Parkson FY start from June not following calendar year. Only a proposal not yet confirm is something I agree.

AdCool

3,864 posts

Posted by AdCool > 2015-08-18 15:35 | Report Abuse

Just don't buy in as WC is hoping so in view of coming results which would be weaker earning. Wait for the results in less than 12 days. Just sit tight and wait.

Goodnews

288 posts

Posted by Goodnews > 2015-08-18 15:44 | Report Abuse

Previously Adcool are you the one suggesting Parkson paying dividend not carry out share buy back. Now after giving dividend you also said not good. Why? QR? As usual if Parkson can declare EPS around 2 sen consider good enough because Parkson value lie in its cash not earnings. If this proposal(dividend) cannot move price better for Parkson to resume share buy back.

Posted by angelinaloke > 2015-08-18 16:48 | Report Abuse

with such good news also drop, meanning QR not doing good ? WC counters all gone case.

AdCool

3,864 posts

Posted by AdCool > 2015-08-18 16:53 | Report Abuse

Goodnews. It took PHB management 2.5 years to realize that share buy back won't help to move the price if the group is not growing the profit. Now, they changed the game back to declare cash dividend. In fact, this dividend is not derived from the operation profit but from selling the assets. Hence, in operation, the group has not displayed any improvement and that would continue to pressure its price.

This is in addition of the current weak market in China which would definitely add more salt to the wound. It's better to wait for the results to gauge further on its business operation especially in China.

As highlighted earlier, special dividend is only a proposal and may serve as a gimmick to shadow the weaker earning. Hence, my opinion is not to buy in now.

Posted by I_like_dividend > 2015-08-18 22:05 | Report Abuse

Price drop dividend yield become higher. DY 8% good buy now at low price.

Posted by angelinaloke > 2015-08-19 09:52 | Report Abuse

keep on dropping, someone insider selling ahead the poor QR ?

JimYeoh

1,514 posts

Posted by JimYeoh > 2015-08-19 10:21 | Report Abuse

wait to collect after the qtr result announced

jonatlau79

419 posts

Posted by jonatlau79 > 2015-08-19 10:48 | Report Abuse

Dear Parkson Director .... Without Parkson Online ... How To Cover Your Rental/Salary/Utilities .... Come On .... Let's Do It ...

hooi

1,773 posts

Posted by hooi > 2015-08-19 12:20 | Report Abuse

Bought Parkson at 1.19 & 1.20

tc88

573 posts

Posted by tc88 > 2015-08-19 12:26 | Report Abuse

Hooi, be careful....Parkson is sinking....

Posted by angelinaloke > 2015-08-19 12:38 | Report Abuse

hooi, your are so loyal, salute !

goldenshares

3,543 posts

Posted by goldenshares > 2015-08-19 12:47 | Report Abuse

wow, this kind of financial performance still paying dividend, this is definitely not a good business decision, :)

goldenshares

3,543 posts

Posted by goldenshares > 2015-08-19 14:07 | Report Abuse

pity hooi, collected since 2.20, :)

AdCool

3,864 posts

Posted by AdCool > 2015-08-19 15:16 | Report Abuse

hooi been averaging down. what is your average price now hooi?

goldenshares

3,543 posts

Posted by goldenshares > 2015-08-19 15:25 | Report Abuse

hooi has no choice, dangerous games, : )

Posted by angelinaloke > 2015-08-19 15:25 | Report Abuse

Hooi, never mind. I support you . My average price also not low... sigh !

hooi

1,773 posts

Posted by hooi > 2015-08-19 15:26 | Report Abuse

<1.60

AdCool

3,864 posts

Posted by AdCool > 2015-08-19 15:34 | Report Abuse

PRG results gonna be out this Friday.

Posted by angelinaloke > 2015-08-19 16:49 | Report Abuse

Hooi, you can breakeven first.... huh...

hpcp

450 posts

Posted by hpcp > 2015-08-19 16:54 | Report Abuse

Hooi, you bought Icap, Scomi and Parkson because you read what TTB wrote?

hooi

1,773 posts

Posted by hooi > 2015-08-19 19:40 | Report Abuse

Teng Boo asked to sell Scomi at 0.245, i sold one third at 0.245-0.300. Time to accumulate oil and gas again! I think oil price will go higher from 2016-2020!

hpcp

450 posts

Posted by hpcp > 2015-08-19 20:14 | Report Abuse

It rated Scomi as a buy at 39sen on 18 July 2014, then calling a sell at 24.5 sen. Follow him Holland. He is still calling BUY on Parkson

Posted by penangkia75 > 2015-08-19 21:58 | Report Abuse

What important is make comment that can help people make money or else better keep quiet.

hpcp

450 posts

Posted by hpcp > 2015-08-19 23:37 | Report Abuse

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1. Not losing money is more important that making money... So don't follow the wrong sifu...

Posted by angelinaloke > 2015-08-20 09:47 | Report Abuse

hooi , lets buy more..

Posted by angelinaloke > 2015-08-20 09:47 | Report Abuse

it is wired, keep on forming new low, something not smelling good.

Posted by angelinaloke > 2015-08-20 09:51 | Report Abuse

buy @ 1.19.. Q more @ 1.18. to support Hooi /WC .

Posted by Tan Yu Chi > 2015-08-20 10:24 | Report Abuse

Yes, TTB said' Go Holand, because it is near to Paris and next door to Berlin then go London, watch the big stupid Clock Tower, it sounds dong...dong...dong... RM0.99...Parkson cheap sales...RM.0.99 Parkson cheap sales RM0.99 Parkson cheap sales. It is a best deal, I like it, must buy oh ha ha ha ............

Posted by Tan Yu Chi > 2015-08-20 10:29 | Report Abuse

百盛大减价, 又来了!哈 哈 哈...........

supernova

1,923 posts

Posted by supernova > 2015-08-20 10:31 | Report Abuse

year end sale come early

Parkson

454 posts

Posted by Parkson > 2015-08-20 10:31 | Report Abuse

penangkia I agree with you. Gurney Plaza and Prangin Mall Parkson still having good business. Parkson a very good buy now for coming 10sen dividend.

AdCool

3,864 posts

Posted by AdCool > 2015-08-20 10:40 | Report Abuse

Open your eyes and mind wider. The big chunk of PHB income is not from Malaysia operation but from China....Still don't get it?

AdCool

3,864 posts

Posted by AdCool > 2015-08-20 13:51 | Report Abuse

You will know by tomorrow when the results is out for PRG.

Posted by angelinaloke > 2015-08-20 16:52 | Report Abuse

share buy back again ?

Posted by angelinaloke > 2015-08-20 16:54 | Report Abuse

Parkson sinks into the red in 4Q, declares dividend of 2 cents per share
Source: TheEdge Markets | Publish date: Thu, 20 Aug 2015, 08:52 AM | >> Read article in News website
SINGAPORE (Aug 20): Parkson Retail Asia swung into the red with a net loss of $59.8 million in the fourth quarter ended June 30, 2015, from earnings of $2.9 million a year ago.

The retail group attributes the loss to the incurrence of non-recurring items related to contingent expenses for closure of a store in Hanoi. It also blames the loss on impairment of financial assets in Vietnam as well as on the initial loss-making periods of new stores in their first year of operations.

Revenue declined 14.6% to $84.7 million from $99.2 million a year earlier.

AdCool

3,864 posts

Posted by AdCool > 2015-08-20 17:34 | Report Abuse

Tomorrow will get another negative news from PRG. RM1 is coming soon.

Posted by angelinaloke > 2015-08-20 17:49 | Report Abuse

Hooi, only one direction.. buy more if dip further... I support you..

goldenshares

3,543 posts

Posted by goldenshares > 2015-08-20 17:59 | Report Abuse

below RM1.00 is matter of time, :)

Posted by Tan Yu Chi > 2015-08-20 22:22 | Report Abuse

X
Tan Yu Chi 百盛大减价, 又来了!
RM0.99......cheap sale........cheap sale............RM0.99........

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