Posted by william_cheng > 2015-10-30 11:42 | Report Abuse

ks55 since you say are smart please go to any banks and ask for loan. Will they borrow you like they borrow me? If yes please tell us.

Posted by Parkson > 2015-10-30 11:53 | Report Abuse

Adcool you should know Parkson better than most of us here since you bought long ago. Part of the money is used for shares buy back. Some are used to buy shopping malls to increase future income.

Posted by Parkson > 2015-10-30 11:55 | Report Abuse

still financially better than many companies which have to borrow to expand.

Posted by leeuzheng > 2015-10-30 16:21 | Report Abuse

This stock will increase up to 1.25 in 2 mths time. Trust me.

Posted by william_cheng > 2015-11-01 17:31 | Report Abuse

RM 500 million net cash can buy back RM 467.29 million shares compare to when Parkson price say RM 2 only 250 million shares.

Posted by william_cheng > 2015-11-01 17:39 | Report Abuse

Who want to sell cheap meaning Parkson can buy back more shares at lower price.

Posted by william_cheng > 2015-11-01 18:56 | Report Abuse

I have latest report than your so call
"After reading through Parkson Holding Berhad 2015 Annual Report, I am very sceptical about the accuracy of Deposits, cash and bank balances as per Note 26."

Posted by Parkson > 2015-11-01 22:01 | Report Abuse

Published QR is 4 mths ago. It is still valid in Nov'15 as at today? Between last QR and now how has major shareholder WC deal with his shares? Buy or sell more?

Posted by Parkson > 2015-11-02 08:52 | Report Abuse

Latest filing in Oct'15 WC increased his stakes to 59.92% or 0.46% increase. If WC know Parkson result going to be worse or loss as ks55
claim will he buy more?

Changes in Director's Interest (S135)

PARKSON HOLDINGS BERHAD

Information Compiled By KLSE

Particulars of Director

Name TAN SRI CHENG HENG JEM
Address A-16-1, Blok A, Satu Residensi
No. 1 Jalan Nagasari (Off Jalan Raja Chulan)
Kuala Lumpur
50200 Wilayah Persekutuan
Malaysia.
Descriptions(Class & nominal value) Ordinary shares of RM1.00 each
Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
12/10/2015
5,000
1.100
Acquired
13/10/2015
37,800
1.090
Acquired
15/10/2015
5,000
1.100
Acquired
19/10/2015
67,000
1.060
Acquired
20/10/2015
75,400
1.050
Acquired
21/10/2015
4,000
1.060

Circumstances by reason of which change has occurred Acquisition of a total of 194,200 ordinary shares of RM1.00 each in Parkson Holdings Berhad ("Parkson") representing 0.018% of the issued and paid-up capital of Parkson with voting rights by Amsteel Mills Sdn Bhd, a company in which Tan Sri Cheng Heng Jem has a substantial interest.
Nature of interest Indirect
Consideration (if any)
Total no of securities after change

Direct (units) 356,785,266
Direct (%) 32.650
Indirect/deemed interest (units) 297,924,529
Indirect/deemed interest (%) 27.270
Date of notice 26/10/2015

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4902825

In 2 July 2015(after June'15 qtr report) WC own 59.46% Parkson.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4796697

Posted by Mohd Iqbal > 2015-11-02 11:45 | Report Abuse

Another concern is the fact that Tan Sri pledged his shares to Banks. So is the share buyback exercised to protect the share price has any relation to the pledged shares?

Share buyback is ok. However if done excessively, it is questionable. Instead of using millions to buy back shares, Parkson should use the money for business purposes.

I will attend the AGM on 24 Nov to raise questions and exercise my right as shareholders. I hope others can attend also and speak at the AGM

Posted by Parkson > 2015-11-02 21:08 | Report Abuse

Cash-rich companies a safe bet during tough times?
http://www.theedgemarkets.com/my/article/cash-rich-companies-safe-bet-during-tough-times

Parkson ranked no. 5 among net cash companies listed on Bursa.

Posted by Parkson > 2015-11-02 21:43 | Report Abuse

Thirty Largest Registered Shareholders as at 30 September 2015
Registered Shareholders No. of Shares % of Shares*
1. AMSEC Nominees (Tempatan) Sdn Bhd 136,083,553 12.46
AmTrustee Berhad for Cheng Heng Jem
2. Lembaga Tabung Haji 95,218,780 8.71
3. UOB Kay Hian Nominees (Tempatan) Sdn Bhd 83,906,661 7.68
Exempt AN for UOB Kay Hian Pte Ltd (A/C Clients)
4. Kenanga Nominees (Tempatan) Sdn Bhd 63,716,378 5.83
Pledged Securities Account for Cheng Heng Jem
5. Affin Hwang Nominees (Tempatan) Sdn Bhd 56,750,284 5.19
Pledged Securities Account for Cheng Heng Jem (M09)
6. HSBC Nominees (Tempatan) Sdn Bhd 54,450,708 4.98
Pledged Securities Account for Cheng Heng Jem (105-710073)
7. AMSEC Nominees (Asing) Sdn Bhd 50,235,202 4.60
AmTrustee Berhad for Excel Step Investments Limited
8. RHB Nominees (Tempatan) Sdn Bhd 38,955,000 3.57
OSK Capital Sdn Bhd for Amsteel Mills Sdn Bhd
9. RHB Nominees (Tempatan) Sdn Bhd 28,220,337 2.58
OSK Capital Sdn Bhd for Lion Industries Corporation Berhad
10. Citigroup Nominees (Tempatan) Sdn Bhd 27,616,747 2.53
Employees Provident Fund Board
11. RHB Nominees (Tempatan) Sdn Bhd 19,482,987 1.78
Bank of China (Malaysia) Berhad
Pledged Securities Account for Amsteel Mills Sdn Bhd - 1
12. RHB Nominees (Tempatan) Sdn Bhd 19,151,179 1.75
Industrial and Commercial Bank of China (Malaysia) Berhad
Pledged Securities Account for Cheng Heng Jem
13. RHB Nominees (Tempatan) Sdn Bhd 19,057,821 1.74
Bank of China (Malaysia) Berhad
Pledged Securities Account for Amsteel Mills Sdn Bhd - 2
14. HSBC Nominees (Tempatan) Sdn Bhd 14,251,117 1.30
HSBC (M) Trustee Bhd for RHB Kidsave Trust
15. Alliancegroup Nominees (Tempatan) Sdn Bhd 13,728,721 1.26
Pledged Securities Account for Cheng Heng Jem (8119566)
16. MIDF Amanah Investment Nominees (Tempatan) Sdn Bhd 12,807,861 1.17
Pledged Securities Account for Tan Sri Cheng Heng Jem (MGN-WCH0004M)
17. Amanahraya Trustees Berhad 12,339,714 1.13
Public Islamic Dividend Fund
18. Alliancegroup Nominees (Tempatan) Sdn Bhd 10,580,157 0.97
Pledged Securities Account for Lion Industries Corporation Berhad (8106442)
19. DB (Malaysia) Nominee (Tempatan) Sendirian Berhad 10,230,760 0.94
icapital. biz Berhad
20. Cheng Yong Kim 9,835,345 0.90
21. Maybank Nominees (Tempatan) Sdn Bhd 9,379,251 0.86
Asian Finance Bank Berhad for Trillionvest Sdn Bhd (SF)
22. Cartaban Nominees (Asing) Sdn Bhd 8,100,949 0.74
GIC Private Limited for Government of Singapore (C)
23. Citigroup Nominees (Asing) Sdn Bhd 8,003,627 0.73
CBNY for State Teachers Retirement System of OHIO
24. RHB Nominees (Tempatan) Sdn Bhd 7,478,000 0.68
Pledged Securities Account for Lion Industries Corporation Berhad
25. Lee Shin Cheng @ Lee Leong 7,201,300 0.66
26. Lion Realty Private Limited 6,672,882 0.61
27. HSBC Nominees (Asing) Sdn Bhd 6,504,587 0.60
BBH and Co Boston for Vanguard Emerging Markets Stock Index Fund
28. Citigroup Nominees (Asing) Sdn Bhd 6,253,298 0.57
Exempt AN for Citibank New York (Norges Bank 1)
29. RHB Nominees (Tempatan) Sdn Bhd 6,219,800 0.57
Bank of China (Malaysia) Berhad
Pledged Securities Account for Lion Industries Corporation Bhd - 2
30. RHB Nominees (Tempatan) Sdn Bhd 6,116,850 0.56
Bank of China (Malaysia) Berhad
Pledged Securities Account for Amsteel Mills Sdn Bhd - 3

Posted by AdCool > 2015-11-02 21:45 | Report Abuse

Parkson was cash rich back in 2012. Yet the counter price dropped from rm5 to around Rm1 now. Cash rich doesn't mean share price would maintain or increase. PHB is a very good business case to reflect upon

Posted by Parkson > 2015-11-02 21:58 | Report Abuse

Beside WC, Tabung Haji(8.71%), EPF(2.53%), Public Islamic(1.13%), GIC(0.74%) & Icap(0.94%) are top 30 shareholders.

Posted by Parkson > 2015-11-02 21:58 | Report Abuse

Share drop because profit drop or worse last quarter is a loss. Hopefully what WC has done will improve Parkson profitability in future.

Posted by Msfollowme Oo > 2015-11-02 23:54 | Report Abuse

Parkson RM1.06 is considered as the cheapest retail stock in the bursa.
We are seeing restructuring and also changes of business strategy going on in Parkson.
I believe parkson will rebound to at least RM1.50 - RM1.80 level in near future.
Cash flow is strong , just need a little confidence and support from the shareholders.

Posted by lskhin > 2015-11-06 09:27 | Report Abuse

correct. Christmas and CNY are coming. HK, China business will growth. Financial result for Parkson in Q1 of 2015 will be good i think.

Posted by lskhin > 2015-11-06 09:28 | Report Abuse

*2016

Posted by mason > 2015-11-06 18:16 | Report Abuse

where is the power? i am waiting for another round of 1.24...

Posted by Parkson > 2015-11-08 12:08 | Report Abuse

(III) SCHEDULE OF SHARE BUY-BACK FOR THE FINANCIAL YEAR ENDED 30 JUNE 2015
No. of Shares
Purchased and Purchase Price Average Price Total
Retained as Per Share (RM) Per Share * Consideration
Monthly Breakdown Treasury Shares Lowest Highest RM RM’000
July 2014 5,917,000 2.47 2.65 2.54 15,034
August 2014 225,700 2.81 2.96 2.84 640
September 2014 610,000 2.88 2.94 2.92 1,781
October 2014 40,000 2.86 2.86 2.87 115
November 2014 3,217,300 2.32 2.52 2.40 7,706
December 2014 39,336,300 2.19 2.51 2.36 92,668
January 2015 11,373,600 2.45 2.54 2.50 28,444
February 2015 14,159,700 2.29 2.48 2.39 33,881
March 2015 16,924,600 1.90 2.49 2.17 36,713
April 2015 12,333,400 2.03 2.15 2.10 25,873
May 2015 6,662,900 2.00 2.17 2.10 13,963
June 2015 5,492,000 1.85 2.00 1.93 10,609
Purchased during the
financial year 116,292,500 2.30 267,427

Parkson only used up RM 267.427 million to buy back shares in FY 2015 not what liars ks55 wrote. If you follow ks55 wrote I can understand he doesn't know how to read AR.

Posted by ks55 > Nov 2, 2015 05:19 PM | Report Abuse

You are right Mohd Iqbal. Tan Sri already used up 2.1 billion of PHB's money for his own agenda. i.e supporting PHB share price without due consideration for others. If you have followed the way he conduct share buy back, especially at 4.50pm during share buy back operation, you will acknowledge what I mean.

Posted by Parkson > 2015-11-08 12:22 | Report Abuse

only use up RM 267.427 million to buy back shares in FY 2015 not RM 2.1 billion like what liars ks55 claim. Problems of i3 or social media nowadays like what PM Najib claim has many liars or conmen out to destroy nation or company.

Posted by Parkson > 2015-11-08 16:42 | Report Abuse

(III) SCHEDULE OF SHARE BUY-BACK FOR THE FINANCIAL YEAR ENDED 30 JUNE 2015
No. of Shares
Purchased and Purchase Price Average Price Total
Retained as Per Share (RM) Per Share * Consideration
Monthly Breakdown Treasury Shares Lowest Highest RM RM’000
July 2014 5,917,000 2.47 2.65 2.54 15,034
August 2014 225,700 2.81 2.96 2.84 640
September 2014 610,000 2.88 2.94 2.92 1,781
October 2014 40,000 2.86 2.86 2.87 115
November 2014 3,217,300 2.32 2.52 2.40 7,706
December 2014 39,336,300 2.19 2.51 2.36 92,668
January 2015 11,373,600 2.45 2.54 2.50 28,444
February 2015 14,159,700 2.29 2.48 2.39 33,881
March 2015 16,924,600 1.90 2.49 2.17 36,713
April 2015 12,333,400 2.03 2.15 2.10 25,873
May 2015 6,662,900 2.00 2.17 2.10 13,963
June 2015 5,492,000 1.85 2.00 1.93 10,609
Purchased during the
financial year 116,292,500 2.30 267,427

Posted by ks5S > 2015-11-08 16:50 | Report Abuse

kcchongnz ... sorry for asking stupid question.
just ignore my question...

Posted by Parkson > 2015-11-08 16:50 | Report Abuse

(III) SCHEDULE OF SHARE BUY-BACK FOR THE FINANCIAL YEAR ENDED 30 JUNE 2015
No. of Shares
Purchased and Purchase Price Average Price Total
Retained as Per Share (RM) Per Share * Consideration
Monthly Breakdown Treasury Shares Lowest Highest RM RM’000
July 2014 5,917,000 2.47 2.65 2.54 15,034
August 2014 225,700 2.81 2.96 2.84 640
September 2014 610,000 2.88 2.94 2.92 1,781
October 2014 40,000 2.86 2.86 2.87 115
November 2014 3,217,300 2.32 2.52 2.40 7,706
December 2014 39,336,300 2.19 2.51 2.36 92,668
January 2015 11,373,600 2.45 2.54 2.50 28,444
February 2015 14,159,700 2.29 2.48 2.39 33,881
March 2015 16,924,600 1.90 2.49 2.17 36,713
April 2015 12,333,400 2.03 2.15 2.10 25,873
May 2015 6,662,900 2.00 2.17 2.10 13,963
June 2015 5,492,000 1.85 2.00 1.93 10,609
Purchased during the
financial year 116,292,500 2.30 267,427

Posted by ks5S > 2015-11-08 16:51 | Report Abuse

my question really stupid.Just ignore my questions.

Posted by Parkson > 2015-11-08 17:07 | Report Abuse

Last year WC increased his stakes through shares buy back by 10%. As the price has dropped Parkson will require less money to carry out another 10% shares buy back(less than RM 150 million(assuming similar 116 million shares buy back) a year which is over RM 100 million less compare to FY 2015). Now WC own about 60% Parkson so if coming and next year shares buy back he will increase his stakes another 10% making Parkson possible privatization target as free float shares become lesser and lesser similar to what Kulim now have.

Posted by Parkson > 2015-11-08 17:11 | Report Abuse

So if there is any people who want to sell Parkson at 80sen-90sen WC is even happier ie less than RM 100 million cash is needed to buy back similar 116 million shares to increase his stakes another 10%.

Posted by Parkson > 2015-11-08 17:46 | Report Abuse

ks 55 why don't you mentioned RM 150 million budgetted to buy back 116 million shares ie RM 1.29?

Posted by Parkson > 2015-11-08 17:48 | Report Abuse

ks55 if you are not interested here can you tell me which stocks you know got so much money to buy back shares like Parkson? Is it Padini?

Posted by Parkson > 2015-11-08 18:10 | Report Abuse

ks55 why you still here and not in Padini? You also mentioned what is cheaper is better for buyer so I like cheaper Parkson than Padini is it wrong?

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

Again I can say ks55 is a liar and repeat what I said earlier.

Posted by Parkson > 2015-11-08 18:32 | Report Abuse

I am just defending Parkson. I am sure TTB is not stupid to hold so many Parkson shares. Is ks55 better than TTB? Where to find his name in newspaper or TV?

Posted by Parkson > 2015-11-08 18:35 | Report Abuse

Besides TTB Icap, there are also Tabung Haji, EPF, GIC, Public Islamic(Public Mutual) holding million shares of Parkson besides WC. Are they dumber than ks55?

Posted by mason > 2015-11-09 11:30 | Report Abuse

parkson return again, grad before is too late, 1.30 coming.

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

from business standpoint, there's no strong reason to invest in parkson. parkson business is incompetency as of now even LOL ventured.

Posted by Pen6 > 2015-11-10 19:38 | Report Abuse

Hahaha you are smart, charlesp.

Posted by Pen6 > 2015-11-10 19:44 | Report Abuse

ttb is not smart, bought so high price,rm5.20! So stupie, buy now so cheap, rm1.10 only.

Posted by AdCool > 2015-11-10 22:08 | Report Abuse

http://www.hkexnews.hk/listedco/listconews/SEHK/2015/1103/LTN201511031191.pdf

Profit warning from Board....

Posted by davidkkw79 > 2015-11-11 09:05 | Report Abuse

dream...can make negative to be positive quarter result !

Posted by Pen6 > 2015-11-11 19:43 | Report Abuse

me too intrest to buy rm0.81, 2 lots lah - a bit higher tan sri rm0.80.

Posted by AdCool > 2015-11-11 23:57 | Report Abuse

Meanwhile, in a separate filing, the external auditor of another loss-making steel manufacturer Lion Corp Bhd had said that the company might not be able to continue operation if it failed to renew or extend repayment of existing borrowings among others.

Ong Boon Bah & Co said Lion Corp incurred a net loss attributable to the owners of the company of RM523mil for the financial year ended June 30, 2015.

“In addition, as at June 30 up to the date of this report, certain borrowings and payables were not repaid in accordance with the scheduled payment dates,” it said.

Ong Boon Bah noted that Lion Corp had done certain measures to improve the group’s liquidity and financial position, and to “remediate” delayed repayments to lenders and creditors.

The audit firm said that it was unable to obtain sufficient and appropriate audit evidence in relation to the rationales of the assumption used to assess the group’s future profitability

Posted by AdCool > 2015-11-11 23:57 | Report Abuse

PHB would be further dragged down by Lion Corp Bhd.

Posted by Parkson > 2015-11-12 00:35 | Report Abuse

Those who can hold just hold. In 2 more weeks Parkson will have share buy back. Adcool don't mislead people. Parkson does not own Lion Corp.

Posted by AdCool > 2015-11-12 11:40 | Report Abuse

Mr Parkson, don't u know William Cheng own Lion Corp and other subsidiaries under Lion Corp? And some of these subsidiaries are major shareholders in PHB? They need to liquidate their shares in order to pay back their debtors if require. All these years, PHB share price are in tandem with Lion Corp performance. Else why it has dropped from RM5 to RM1 even if it still making profit except for last quarter?

Posted by Pen6 > 2015-11-13 09:08 | Report Abuse

Hello, Goodday tuan tuan Dan Puan puan. 百盛大减价...又来了. Parkson Jual murah parkson jual murah, WC good boss, offer offer parkson rm0.81 only... hi hi someday later. I sokong 3 lots lah.

Posted by Beginner1 > 2015-11-13 20:14 | Report Abuse

Unless you are planning to sell your shares cheap next Monday, don't announce something that you don't know.

Posted by vincent555 > 2015-11-14 00:59 | Report Abuse

Agree Beginner1

Posted by waseong > 2015-11-15 21:34 | Report Abuse

鍾廷森關聯公司傳1.1億售萬津地
2015年11月15日 財經
　（吉隆坡15日訊）消息有指，鋼鐵大亨丹斯里鍾廷森關聯公司可能以1億1000萬令吉售地。

　財經周刊《 The Edge Weekly 》引述消息來源指出，鍾廷森關聯公司，即Andalas發展私人有限公司（簡稱Andalas），已脫售位于萬津皇冠城（Bandar Mahkota Banting）佔地面積296英畝的土地。

　根據報導，Andalas可能以1億1000萬令吉，將上述土地脫售給Island Circle發展（大馬）私人有限公司。

　這是鍾廷森關聯公司所脫售第2片位于烏魯冷岳的土地。

　金獅多元控股（LIONDIV，2887，主要板消費）早前宣布，計劃以3650萬令吉，將位于烏魯冷岳的土地，脫售給KLC Agro私人有限公司。

　不過，報導指出，鍾廷森公司的職員不願就該事宜置評。

　報導根據公司註冊委員會數據指出，鍾廷森是Andalas的董事之一。

Posted by Parkson > 2015-11-16 08:57 | Report Abuse

PRA still making profit? Not loss as ks55 and Adcool claim?

Posted by Tsuto > 2015-11-16 12:19 | Report Abuse

Can share PRGL result?