Posted by Parkson > 2015-09-07 17:15 | Report Abuse

So when Parkson give 10sen dividend and carry out share buy back I don't think you can buy Parkson at current price anymore even though it cannot happen overnight but can happen next few months.

Posted by AdCool > 2015-09-07 19:01 | Report Abuse

U just can't beat the down trend.

Posted by Parkson > 2015-09-07 21:22 | Report Abuse

Question is who want to cut loss now? WC has started buying recently even above RM 1.20. Will they stop buying if Parkson keep dropping as Adcool mention downtrend?

Posted by walau2u > 2015-09-07 21:26 | Report Abuse

10 sen dividend is not sustainable due to sunset business of Parkson........Padini is better......

Posted by Parkson > 2015-09-07 21:31 | Report Abuse

As someone said here Parkson is trading near 12 year low(is our CI that bad)? So unlikely person selling at current price is taking profit but more likely cut loss type.

Posted by walau2u > 2015-09-07 21:42 | Report Abuse

Parkson, dont dream too much....High cost of operating is needed, cash can be burned easily. Cash is best to grow it and not to deplete it like wat Parkson did nw...

Posted by walau2u > 2015-09-07 21:44 | Report Abuse

Aft disposed PRA, what will be Parkson's net profit or total loss getting more & more? Please look at bigger picture, dont blinded by 10sen dividend.

Posted by Parkson > 2015-09-07 21:45 | Report Abuse

walau2u current Parkson cash per share is about RM 1 after disposing PRA. Assuming next 10 years Parkson make 0 profit(breakeven business) 10 sen dividend can be given for 10 years. What happen if Parkson continue to make EPS about 10 sen per year? So RM 1 cash per share remain intact even after giving 10sen dividend.

If Padini better why major share holder is not buying but Parkson major shareholder WC is buying even owning near 60% stake?

Posted by Parkson > 2015-09-07 21:51 | Report Abuse

walau2u please inform me when is the last time Padini major shareholder Yong is buying their share if it really good as you mentioned. I think major shareholder should know better than us retailers their company business outlook.

Posted by Parkson > 2015-09-07 22:09 | Report Abuse

I heard Parkson is still planning to open few more stores up to end of 2015 in M'sia and China. That mean their business is still profitable.

Posted by gt91 > 2015-09-08 08:32 | Report Abuse

their business is still profitable because of the Parkson name they build around, people trust and also the sole distributorship of certain brands. But, downside is that it won't have much growth. just look at Wilmar and Amazon and u will understand. do your own research bro, for me I think can still hold, i sold mine at 1.01 not to cut loss but to invest in other co that i foresee will have much more growth. growth in a company is what makes it attractive

Posted by speakup > 2015-09-08 09:42 | Report Abuse

parkson in sunset biz

Posted by hooi1 > 2015-09-08 09:53 | Report Abuse

Bought today RM 1.02-1.03.

Posted by gt91 > 2015-09-08 11:32 | Report Abuse

quite pity of WC, his metal business also gone, now parkson also no eye see, in terms of share price.

Posted by bgoon99 > 2015-09-08 12:59 | Report Abuse

if u look at how WC manage his lion, you will know...

Posted by bgoon99 > 2015-09-08 13:11 | Report Abuse

maybe they should distribute more dividend to slim down the asset, that will increase ROE, bring down the share price to reasonable level to reduce PE... but if they continue to have negative growth...oso no eye see liao... the more branches they open, the faster the cash burnout...

Posted by angelinaloke > 2015-09-08 21:51 | Report Abuse

hooi , support you . bought @1.01

Posted by angelinaloke > 2015-09-08 21:52 | Report Abuse

switched star to parkson, 1 to 2.5 .

Posted by Alex Au > 2015-09-08 23:13 | Report Abuse

If I'm right (IF), tomorrow PARKSON should be closing at 'Green'.


Happy investing and best of luck guys!

Posted by william_cheng > 2015-09-09 10:09 | Report Abuse

Bought today RM 1.01-1.02.

Posted by justgan > 2015-09-09 10:56 | Report Abuse

tan sri also here today... lol

Posted by william_cheng > 2015-09-09 11:04 | Report Abuse

i3 has many liars. I bought Parkson to proof everything is still alright.

Posted by gt91 > 2015-09-09 11:40 | Report Abuse

seriously when will parkson rebound, ask just wouldn't fork out price above 1.03, nobody trust WC? HAHAHAHA

Posted by Mohd Iqbal > 2015-09-09 16:21 | Report Abuse

Hahaha.. damn funny LOL.. Tan Sri, if i3 full of liars then why should you even bother making appearance here.. Share with us the future prospect of Parkson.. How to compete with other malls. Not to mention online retailers

Posted by Mohd Iqbal > 2015-09-09 17:12 | Report Abuse

ks55: so what is your take on Parkson? Share with us

Posted by william_cheng > 2015-09-10 09:37 | Report Abuse

Bought more today RM 1.01-1.02.

Posted by william_cheng > 2015-09-10 10:02 | Report Abuse

Mohd Iqbal why must only Parkson subject to online retailers competition? Why not Aeon, The Store, Suiwah or Padini(all are higher price than Parkson)?

Posted by Mohd Iqbal > Sep 9, 2015 04:21 PM | Report Abuse

Hahaha.. damn funny LOL.. Tan Sri, if i3 full of liars then why should you even bother making appearance here.. Share with us the future prospect of Parkson.. How to compete with other malls. Not to mention online retailers

Posted by Andyghk > 2015-09-10 10:35 | Report Abuse

Parkson already fall to $1.01,all the investors consider great losses in book value. William come here to show he is good boss?

Posted by newbie18 > 2015-09-10 10:39 | Report Abuse

Why ks55 only contribution here is attacking Parkson? Why want to be old man who cannot contribute to society? Better die early this old man. The world is peaceful less one person like him.

Posted by youlee > 2015-09-10 10:44 | Report Abuse

The truth has to be told.

Posted by Parkson > 2015-09-10 10:44 | Report Abuse

If read what happen in other thread eg AirAsia ks55 must be someone suffering loss from Parkson hence the cursing. If cannot stand loss from stock market please place your money in FD.

Posted by Parkson > 2015-09-10 10:48 | Report Abuse

AA has rebounded from below 80sen to above RM 1.10 currently. Parkson turn(to rebound) to come sooner or later?

Posted by Parkson > 2015-09-10 11:22 | Report Abuse

ks55 please spend your time in counters you are interested not here since you quote KYY. Why KYY never come here to comment like you?

Posted by Parkson > 2015-09-10 11:28 | Report Abuse

Why William Cheng dare to own 60% Parkson?

Posted by Mohd Iqbal > 2015-09-10 12:15 | Report Abuse

compared to aeon, this counter is cheaper. Problem is Parkson is not in the same league as Aeon or Sogo in term of visibility, promotion etc.
Parkson need to improve its marketing and promotion. At the current price of RM1, definitely very attractive bcoz of cheap valuation. But there must be good reasons why investors put cheap valuation on Parkson.
Hope Tan Sri and Parkson can address this concern

Posted by gt91 > 2015-09-11 08:56 | Report Abuse

AA rebound due to reasons such as healthy cash flow, sustainable business model and possibly loss are all unrealized foreign loss which is paper loss not real loss. Parkson has not yet has any good news to turnaround besides lion group purchasing back it's share. If stay long term, this share will go up for sure, it's super undervalued but short term don't think will move. 1.00 que too strong, been days and not break

Posted by speakup > 2015-09-11 09:21 | Report Abuse

remember Hankyu Jaya? remember Kimisawa? remember Yaohan? remember Chujitsu?

one day, we will be saying .... remember Parkson? :-)

Posted by Tabung_Haji > 2015-09-11 11:52 | Report Abuse

bought today RM 1.05-1.06.

Posted by william_cheng > 2015-09-11 14:47 | Report Abuse

bought today RM 1.04-1.06.

Posted by twobits > 2015-09-12 16:10 | Report Abuse

Can feel the wave coming for parkson! :)

Posted by charlie chia > 2015-09-12 16:40 | Report Abuse

Wah got feelings?

Posted by Parkson > 2015-09-14 11:11 | Report Abuse

If people want to cut loss by selling cheap WC is willing to pick up more.

Posted by AdCool > 2015-09-14 18:49 | Report Abuse

PHB seems to remain around Rm1-RM1.10. Seem like it has found its bottom for now until the next financial release in Nov.

Posted by Lewis Lee > 2015-09-16 13:51 | Report Abuse

Jia Lat ! Can't go up one ?!

Posted by hng33 > 2015-09-17 15:09 | Report Abuse

Bought Parkson at 1.01

Posted by hng33 > 2015-09-17 15:10 | Report Abuse

Downside limited

Posted by Alex Au > 2015-09-17 22:25 | Report Abuse

How long more can PARKSON hold on? WC seems to be out of fund to keep on stock in PARKSON. Doesn't seems to have any good news so far.

Apart from that, Lion Group doesn't seems to perform and getting weaker; any information to share here?

Posted by Parkson > 2015-09-18 09:49 | Report Abuse

Is it true?
Posted by ks55 > Sep 15, 2015 12:31 AM | Report Abuse

Fed likely to hike interest rate this Thursday. Regardless whether ValueCap can get another 20B or not, KLSE will head south for most counters. Ringgit will fall further and at faster pace.

http://ig.ft.com/sites/when-rates-rise/

Why would a rate rise in the US impact the emerging market countries?
We have already seen the antecedents of the main impact: a stronger US dollar, backed by higher US interest rates, tends to depress the values of emerging market currencies at a time when many EM economies are already weakening and their currencies have already slumped against the greenback.The Fed’s rate rise could exacerbate the EM currency turmoil, and even help precipitate a full-blown crisis.

Posted by Parkson > 2015-09-18 09:50 | Report Abuse

When old man speak we suppose to listen but how true is ks55 statement?

Posted by angelinaloke > 2015-09-18 16:57 | Report Abuse

buy 1.01 x 100k. good luck to all holder.