Longterm investment no need worry market price ,ready to receive 10 cents dividend as good return...... you can continuing receive dividend for every year ....happy to joint company and enjoy company benefits.
hahahahaah PHB Msia last QR alr show loss, but mainly due to people purchase before GST, now GST settle down, think purchase power will back, somemore just pass raya etc, Parkson for rich people, they cash full, inelastic demand one, willing pay high price
Parkson will receive 630 millions Cash,investors will receive 10 cents dividend. Include William and Lion industries, that mean all of them will receive Cash....who no money?
I totally agree with Andyghk, whoever has the holding power for this counter will gain at the end.
Over the years PARKSON is a well known, established and preferable shopping spot especially in Malaysia. With such strong foundation and cash flow I strongly think that this counter will not go below 1.00 (Despite on the 2nd September it went down to 0.995, it rose back to 1.020 the next day).
I'm accumulating since 1.260 and still continue going in.
Just sharing my thoughts, happy investing and best of luck guys.
agree with Andyghk, basic accounting skill, it will sit with 1b cash pile after declare dividend (due to divestment), that literally means, parkson has it's name (goodwill), buildings, malls and 30+% equity etc etc for less than 100m LOL
bro declare higher dividend doesn't means good, if PHB use proceeds to invest for growth, that would be better, at least for us, long term investor, if u hedge or short selling, then sorry
Nestle give higher dividend, Batu Kawan give higher dividend, Dutch lady give higher dividend, Amway give higher dividend, give higher dividend company should be better than low dividend.
Make money keep in company is not good investment for investors. if Pakson can declare 20 cents for investors every year ,market price may fly to Sky.Do you think Parkson have this money to give dividend...... Parkson have large amount retain profit ,if want to give every year should be no problem.
Coming 3rd qtr should be better as there is Hari Raya celebration so Parkson sales is expected to be higher. Why William Cheng is buying Parkson recently if Parkson next QR(3rd qtr) is going to be worse?
What USD has got to do with Parkson? If RMB strengthen against MYR perhaps Parkson should benefit as Parkson also has substantial sales in China.
Andyghk I agree with you now Parkson is good to buy. That's why WC also bought a lot recently. Not many counters can give 10sen dividend like Parkson price. WC does not buy his other counters recently but he bought a lot of Parkson meaning Parkson is better than his Lion group counters.
I do not how true hooi bought a lot as his postings mention but no contra(or margin) is my advise if you want to involve because nobody know how long 10sen dividend can be confirmed.
Always don't see the transaction done,because most of them are not real.Today you can see over sell but actually is accumulated.1st Q may declare 10 cents dividend.
WC own 60%, Parkson cash per share RM1 why got people want to sell at RM1? No money to spend or use the money to buy other counters? If no money type please don't buy in 1st place.
Beside cash per share RM 1, Parkson also own share like PRGL(which can be sold for money if needed), Parkson also own a lot of properties, inventories(shirt, etc) which can be converted to money.
If ks55 postings are true I can say Tan Sri William Cheng is stupid man to buy recently. Why spend RM5 million of his/group money to buy so much Parkson shares recently?
Which counter you are in top 30 shareholders? 15m I think many counters you are qualified to be top 30 shareholder. What is your real name? Or you are a liar 100% if you dare not answer.
Damn stupid. Read my earlier post you will know I have 10m since last year. My wealth has ballooned to 15m now mainly because of my RMB denominated collectibles. Why buy PHB when it is 3.00, 2.00 or more.
Parkson will not go bankrupt simply becos one off provision or so. it is a net cash cow company and it's name is well known, carrying many branded sole distributorship. intrinsic value is around 1.45 (at least to me). i don't know how is ur calculation, but everyone has their own calculation method to have their own buy in price. personally, now is a VERY GOOD TIME to buy in, if u contra kaki or just speculator, sorry u can get out of this stock, go for oil and gas one
or top mover stock to short sell, buy in morning sell evening, parkson definitely not the one u looking for, it's like airasia, u stay long be long term investor or get out
I had stock in some while now the price is reasonable and just keep it for some time.
To me PARKSON is quite promising if you can hold for a period of time; as I don't see that this counter can go below 1.00 (At least in these few months).
bgoon99 I can buy 3 Parkson shares for 1 Aeon, so not appropriate to compare that way. Just like Kiwi fruit and apple although both also fruit but are they same in price?
Moreover Parkson has stores not only in Malaysia but also in China, S'pore, Indonesia, etc whereas Aeon(listed in Bursa) solely in M'sia.
I cannot find Padini stores in smaller towns but Parkson can be found in states like Kelantan, Sabah, Kedah, etc which mean Parkson generates more sales due to more stores.
bgoon99 Parkson is still expanding in China otherwise they would have close their stores if they are not profitable like Parkson Hanoi. Likewise in M'sia has open more Parkson stores every year than closing down.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Andyghk
50 posts
Posted by Andyghk > 2015-09-03 16:58 | Report Abuse
Longterm investment no need worry market price ,ready to receive 10 cents dividend as good return...... you can continuing receive dividend for every year ....happy to joint company and enjoy company benefits.