Posted by AdCool > 2015-11-16 17:40 | Report Abuse

PRGL yet to announce results. The board meeting is scheduled on 19 Nov. By 20th should have the results. PRA made profits thru selling of assets in Hanoi, not profit from Operation. It's bad for the NTA if the company continue to burn cash thru operation and not returning the sales of proceed to shareholders.

Posted by Parkson > 2015-11-17 18:05 | Report Abuse

Parkson rebrands operations, enters new areas to boost sales
http://www.thestar.com.my/Business/Business-News/2015/11/17/Parkson-rebrands-ops/?style=biz

Posted by Mohd Iqbal > 2015-11-18 13:57 | Report Abuse

Anyone here who has received the Notice for AGM? I am curious bcoz until now I have not receive any notice. The AGM is 24 Nov and I only know about it from Bursa website

Posted by joker666 > 2015-11-18 14:42 | Report Abuse

Have been holding Parkson since June and I also did not receive anything from them.

Posted by Mat Cendana > 2015-11-18 16:40 | Report Abuse

@ks55 Pasar Malam... Haha! Yeah, it's now in the dumps. But I'm still following it. There will come the day when all those who are discouraged by its performance will finally dump it. That leaves only the strong holders who won't be selling at this level. I believe there will be very satisfying upside for this counter. But the time to put in the money isn't here yet. Will continue to watch and watch...

Posted by DreamKaiser > 2015-11-18 16:53 | Report Abuse

too slow

Posted by Mat Cendana > 2015-11-18 17:09 | Report Abuse

No problem with me. Your hentam is backed by strong points and helps to place the spotlight on its business issues. I agree with your assessment - the prospects don't look good for Parkson's operations. And most probably you will be proven right about the coming quarterly results. The fall today, from an already low price - selling by someone who knows what the figures are...?

I had read WC's 26-year-old daughter has been promoted to a very high position. Well, she may prove to be capable, but it does raise murmurs. A 26-year-old running critical things... It's like Parkson can't find anyone else.

But I'm not going to give myself a headache analysing Parkson's business aspects. Will just take the easy route by reading what analysts like you think :-) With Parkson, I'm only exploring trading opportunities. If the set-up looks right, and there's the potential for some quick profit, I'm in.

Posted by arv18 > 2015-11-18 17:25 | Report Abuse

'LOL' - nicely sums up their strategy.

Posted by Parkson > 2015-11-19 08:29 | Report Abuse

Mat Cendana nice to see you here and not ks55 own promoted counters. If Parkson is really bad do you think Tan Sri William Cheng will buy as has done past 3-4 months?

Posted by Mohd Iqbal > 2015-11-19 11:00 | Report Abuse

Parkson: why we have not received notice for AGM? strange bcoz the AGM is on 24 Nov. Should receive it 21 days before that. Where is good governance? We loyal shareholders (ks55 will say we are idiots, hahaha) must be treated with respect

Posted by Mat Cendana > 2015-11-19 11:12 | Report Abuse

@Parkson, as I mentioned earlier, with Parkson, I'm not looking at the business side. It may turn around, it may not. I'm sure WC will try. But at the same time, must also accept that he will be looking after *his* and family's interests first and foremost. Minority shareholders are just there for the ride. As with other public-listed counters. We will always be the "timun" while the major shareholders are the durian. Be on the wrong side, wrong time and we get spiked.

But having said that, I see potential in Parkson as a trading, swing trade... when it does turn. It has come off so much from its peak. $$$ to be made if it recovers to only a third of that. Can't follow all the counters at BSKL - too many. But I've added Parkson to the potential trading list. However, have to see some positive movements first.

Posted by datasonic > 2015-11-19 11:52 | Report Abuse

clk betul... the stupid counter

Posted by AdCool > 2015-11-19 17:33 | Report Abuse

It really dying even if factor out the arbitral awards which amount to RMB140.9 million. Meaning for 9M2015, PRGL only made around RMB46.928 million VS RMB 283.548 million in 9M2014. 83.45% dropped! That's massive for a year!

Posted by AdCool > 2015-11-19 17:37 | Report Abuse

Parkson, you better prepare more bullets to support PHB price. It would become penny stock again for this round.

Posted by Mat Cendana > 2015-11-19 21:23 | Report Abuse

Discouraging news on all fronts. Instead of some sort of turnaround possibility, the business aspect indicate things might get worse. Technically, 1.00 will be very critical support. If it slips through, becomes penny stock category and fails to immediately rebound, the slide will continue. In this case, the technical charts are considered as broken and couldn't be relied on for an sort of guidance. Traders must stay clear until it forms a bottom AND indicates a possible upturn. Have to put in deep freeze for now and use the intended capital elsewhere.

Posted by AdCool > 2015-11-20 11:57 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2015/11/20/Lion-Div-defaults/?style=biz

Lion diversified defaulted on loan repayment.

Posted by datasonic > 2015-11-20 16:53 | Report Abuse

really shit ..... everyday also last minute drops 1 sen

Posted by datasonic > 2015-11-20 16:53 | Report Abuse

slowly slowly a lot ...

Posted by Pen6 > 2015-11-20 22:00 | Report Abuse

Write a comment..Slowly slowly a lot eaten up by the old fox, hi hi hi. . . . , no more datastory hi hi

Posted by waseong > 2015-11-21 11:37 | Report Abuse

買進券商心頭好‧百盛控股轉型計劃 看好中期奏效
2015年11月20日 買進券商心頭好
　◆券商：大眾投資研究
◆目標價：1.48令吉
儘管百貨公司轉型計劃將讓百盛控股 （PARKSON，5657，主要板貿服）承擔高成本，但轉型計劃中期內將奏效，促使我們維持該股“跑贏大市”評級。
　該公司管理層將致力于為百貨公司轉型，包括推出更多個人品牌，擴大品牌組合，提高銷售，改善賺幅。轉型計劃也涵蓋強化現有品牌，及開設餐飲分店。
　雖然該公司在轉型計劃下，短期內將承擔高成本，但相信中期內將看到改革計劃的成果。
　針對中國市場，該公司從年初至今已關閉3間表現欠佳的百貨公司，打算在未來幾個月內再關閉幾間百貨公司。我們看好此舉因為公司無需進一步承擔不必要的開支。
關閉表現欠佳百貨公司
　無論如何，我們認為，中國人民銀行降息可帶動當地消費意願。
　有待該公司在來週公布業績及管理層的指引，我們暫時維持盈利預測。
　我們相信市場已納入該股近期的跌勢，加上考量到基本面強勁，股價不大可能進一步走低。
　百盛控股投資評級維持在“跑贏大市”，目標價為1.48令吉。
　百盛控股週五（20日）閉市掛1.01令吉，跌1仙，成交量42萬3800股。

Posted by waseong > 2015-11-21 11:47 | Report Abuse

ks55, u tak suka parkson, pls sell it. Dun comment this and those. U want people sell it to at ur target price of 80 sen ? Boleh, even u can set target price at 70 sen, 60 sen, 50 sen till 0.5 sen pun boleh or u want people free to u, pun boleh, but u perlahan-lahan tunggu la 67. Even people free share to u, u pun cakap mahal dan pun ada byk komen jugak. ks55, pls dun affect people investment’s decision. People will jugde it themselves. When the company performance is not good, people will sell it; When the company performance is good, people will support to buy it.

Posted by vews08 > 2015-11-21 16:35 | Report Abuse

No the good time for parkaon. Now a lot of people buy thing online

Posted by Aaron Kwok > 2015-11-21 17:27 | Report Abuse

Depression,so SAd

Posted by ivan9511 > 2015-11-21 18:18 | Report Abuse

hi team , I just bought Pakson share .
BUt I am a new player .
I not understand about the dividend issue .
I check from disclosure - dividend :

I really dont understand what is below :

SHARE_DIVIDEND 1 : 20 11/03/2015
SHARE_DIVIDEND 3 : 50 23/07/2014
SHARE_DIVIDEND 3 : 50 23/07/2014

I only understand like one unit get 0.08 dividend.

And I just bought this counter can I know is it I can enjoy the dividend for 2015 ?

I really Appreciate someone can tell me because I am a Newbie and Stupid . haha
Thanks a lot I appreciate your guys

Posted by vews08 > 2015-11-21 20:15 | Report Abuse

Hi ivan9511, give me your hp no. Or wechat id, I explain to you there

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

Hi there!

Last time I went to Hibiscus Forum & gave warning around Rm1.00
Few bothered to take heed. So now they suffered the horrendous losses of more than 70%
If they had bought on margin they will go bankrupt already.

Am I a busybody here? A spoiled sport?

You see - with the advent of motor cars powered by petrol the days of making horse carriages and horse whips are over.

So is kodak camera with the advent of the digital camera. And with the advent of the iphone all watches, net books and event the digital camera also in trouble.

So with alibaba, tabao, singppost and other online marketing entities parkson days are numbered.

Don't fight a losing war. Last time horse carriage maker wanted to fight back lost market share by building even more fancier coaches and carriages.

So did kodak. All were pushed aside in the game of progress.

Marketing style has changed. Parkson is facing a fundamental change. Online sales will sweep parkson away. As such better sell before it crashes like hibiscus.

Posted by vews08 > 2015-11-21 21:45 | Report Abuse

What calvintaneng comment is correct. By the way, any good stock to recommend for short term

Posted by calvintaneng > 2015-11-21 21:49 | Report Abuse

Vews08

Thank you.

I don't have short term shares. Only stocks with at least one year target price. You can view them in PPG Forum site

Posted by Parkson > 2015-11-21 21:53 | Report Abuse

If what Calvin(someone here said he is a conman) said is true why William Cheng is buying Parkson?

Posted by Parkson > 2015-11-21 21:59 | Report Abuse

vews08 PPG now has competitor in Sasbadi hence one of their director keep selling. If read this week Star Parkson are planning to venture in F&B business.

Posted by AdCool > 2015-11-21 22:39 | Report Abuse

Transformation or turnaround strategy sometime works sometime don't. But one thing for sure is the journey gonna be tough and challenging for at least few years. With such in mind, can keep PHB in closet and await another few quarters before opens it back. Hopefully PHB doesnt end up like MAS. At least MAS has Khazanah to bail out.

Sit tight for more roller coaster rides in the next few quarters.

Posted by Parkson > 2015-11-21 22:46 | Report Abuse

Perhaps Parkson willing to learn from Aeon to join F&B business?

Posted by Parkson > 2015-11-21 22:49 | Report Abuse

PHB, PRGL, PRA all are cash rich which show prudent having made huge profits in the past.

Posted by Parkson > 2015-11-21 22:51 | Report Abuse

I doubt Parkson competitors like Padini, Aeon, The Store, etc has so much cash like them. Why?

Posted by ivan9511 > 2015-11-22 00:23 | Report Abuse

vews08 hi guys, thank for you advices.
by the way can I give you my facebook :
my facebook is : yapchee9511@hotmail.com.
you key in yapchee9511@hotmail.com sure can find my facebook.

Posted by ivan9511 > 2015-11-22 00:24 | Report Abuse

vews08 or my email yapchee9511@gmail.com

Posted by ivan9511 > 2015-11-22 00:24 | Report Abuse

by the way vews08 , pakson still can hold or sell or buy ?

Posted by ivan9511 > 2015-11-22 00:26 | Report Abuse

now aday people talk about aeon , giant , thestore , pavillion.
like noone takling about Pakson .

Posted by ivan9511 > 2015-11-22 03:31 | Report Abuse

HI vews08 : sorry I forgot to give u my Wechat is : yapcheesoon
what is your wechat ID , if u dont mind I add you .
my photo is a small boy

Posted by vews08 > 2015-11-22 08:12 | Report Abuse

Hi ivan 9511, already add you in wechat

Posted by waseong > 2015-11-22 09:53 | Report Abuse

One of agenda is company share buy back. Once approval from shareholders, company will immediately commence share buy back. According the parkson AGM book said, there account got more than RM 3,100 million ready to do share buy back. To those people who said parkson will drop like hibiscus, please do not make people panic la. The share buy back activities purpose is to stabilize the share price. If you are not believe, please refer to WCT, IOICORP etc. They WCT also conduct share buy activities before, and it is stablize at 1.30 something at last 2-4 weeks. Then the share dividend means: let say 1:50, means if you have 50 unit share, then company will free you 1 unit share. I received parkson letter AGM since yesterday. This coming Tuesday 24/11/15 there will be AGM.

Posted by ivan9511 > 2015-11-23 03:19 | Report Abuse

thanks vews08

Posted by Parkson > 2015-11-23 08:53 | Report Abuse

Share buy back to start after AGM.
Those attending AGM please ask to close down unprofitable stores in short term while in longer term ask management to change business strategy eg add F&B(bakery for eg) section in Parkson although this will take time to show result.

Posted by AdCool > 2015-11-23 14:10 | Report Abuse

Shares buyback isnt a new move from PHB. PHB has done shares buyback since 2013. I repeat, 2013 and yet the price did not stabilize.

Posted by Mohd Iqbal > 2015-11-23 17:47 | Report Abuse

I cannot attend AGM tomorrow. Those who attend, please ask question re share buy back and also the future strategy of the company. Also plz confirm the exact cash balance left. Then report to this forum. Thank you from all suffering shareholders here. Hehe

Posted by Pen6 > 2015-11-23 19:57 | Report Abuse

Aiya, share buy back is good, so the share price can continue to go down. I like it the ways WC knock out all the weak share holder. I can buy at lower price so do you, happy happy go lucky make money. OK 百盛大减价，又来了， ho ho ho Horlick.

Posted by DreamCustodian > 2015-11-23 19:58 | Report Abuse

Parkson when got sale ah

Posted by mightymouses > 2015-11-24 07:39 | Report Abuse

Now lar sale... But dunno when sale end. Whole year round sale

Posted by datasonic > 2015-11-24 15:06 | Report Abuse

how is the AGM meeting today? Anyone can share?

The quarterly result will release today... i think it will positive result

Posted by angelinaloke > 2015-11-24 17:20 | Report Abuse

tomorrow penny ?? sigh !!!