PARKSON HOLDINGS BHD

KLSE (MYR): PARKSON (5657)

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Last Price

0.18

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


15 people like this.

13,051 comment(s). Last comment by I_like_dividend 21 hours ago

datasonic

921 posts

Posted by datasonic > 2015-11-24 17:38 | Report Abuse

Quarterly result better than last year same quarterly... BUY

mason

161 posts

Posted by mason > 2015-11-24 17:46 | Report Abuse

please explain y today drop to 1.00 while results is good? results is good but not up to investor expectation??

Posted by angelinaloke > 2015-11-24 17:47 | Report Abuse

still operating loss.

Posted by Kelvinlean93 > 2015-11-24 17:49 | Report Abuse

Im New Comer too.. I Meet The Same Problem like Ivan. Anyone Explain here?

vegebotak

1,071 posts

Posted by vegebotak > 2015-11-24 17:54 | Report Abuse

SHIT RESULT.... IF NO 1 TIME GAIN , MIGHT LOSS 30 MIL A QTR !!!

waseong

202 posts

Posted by waseong > 2015-11-24 18:39 | Report Abuse

Profit before tax: RM 105 million; Profit after tax and minority interest: RM 63 million; Net profit for the period: RM 86 million; basic earning per share: 5.80 sen, NTA RM 2.73; Wah.. This quarter results looks nice. Well done !

datasonic

921 posts

Posted by datasonic > 2015-11-24 18:47 | Report Abuse

63% discount to buy at RM1.00
What you want?

Pen6

239 posts

Posted by Pen6 > 2015-11-24 19:50 | Report Abuse

How much is 80percent discount? Look interesting 2 lots,

vews08

494 posts

Posted by vews08 > 2015-11-24 20:17 | Report Abuse

Still operating loss. Not the good time for parkson

kevinchong

646 posts

Posted by kevinchong > 2015-11-24 23:42 | Report Abuse

result olso bad gg.com .. wait drop again..

kinfatt999

2,913 posts

Posted by kinfatt999 > 2015-11-25 09:17 | Report Abuse

buy aeon better,nowdays no ppl shopping at parkson d

Beginner1

22 posts

Posted by Beginner1 > 2015-11-25 10:10 | Report Abuse

10am already > 1mil volume. Guess ppl was waiting for the result to come out before buying

mason

161 posts

Posted by mason > 2015-11-25 10:23 | Report Abuse

so obviously people who sell yesterday predicted the results will be bad, but seems like the results show the other way.

Posted by TalkEastTalkWest > 2015-11-25 10:35 | Report Abuse

result up >100% qoq

xyxy8

148 posts

Posted by xyxy8 > 2015-11-25 10:42 | Report Abuse

parkson now going to 1.08(+8sen)

xyxy8

148 posts

Posted by xyxy8 > 2015-11-25 11:13 | Report Abuse

sorry- parkson going down again

AdCool

3,864 posts

Posted by AdCool > 2015-11-25 11:36 | Report Abuse

Ppl just dun understand that the profit is from selling of assets and not of operation. Just like the time when they sold the business in Sri Lanka and KL Festival Mall at Setapak.

Anyway, PHB will have the cash now to continue the share buy back and defending the price from going below RM1.

ken law

538 posts

Posted by ken law > 2015-11-25 16:25 | Report Abuse

Parkson at least have profit compare to losses. It have net asset rm2.75 per share. it good to give confident for investors to hold long time. then the share price will up. it also given so cash to the management to rebrand the business.

ken law

538 posts

Posted by ken law > 2015-11-25 18:05 | Report Abuse

it will up to rm1.12 tomorrow.

Leesk

340 posts

Posted by Leesk > 2015-11-25 18:26 | Report Abuse

what you see in this quarterly result -operating loss. only with a one off gain not sure what is this not disclose in detail, maybe paper profit?
Any future for parkson to catch up with competitors

cipat

34 posts

Posted by cipat > 2015-11-25 23:34 | Report Abuse

parkson below 1.00 just matter of time

AdCool

3,864 posts

Posted by AdCool > 2015-11-26 09:49 | Report Abuse

Might not happen to be below RM1 as PHB may use the extra cash now to do shares buyback and defend the price above RM1.

ken law

538 posts

Posted by ken law > 2015-11-26 17:47 | Report Abuse

rm1.01 already...i top up from rm1.05... till rm1.01...

waseong

202 posts

Posted by waseong > 2015-11-28 10:14 | Report Abuse

Parkson share buy back start yesterday jor.

Posted by laiseng012 > 2015-11-30 21:04 | Report Abuse

Another share buy back day
buy price at the range of 1.01 to 1.03

Seasick85

333 posts

Posted by Seasick85 > 2015-12-01 09:10 | Report Abuse

So meaning that the share price won't go below 1.01? I bought yesterday at 1.01..

Beginner1

22 posts

Posted by Beginner1 > 2015-12-01 14:08 | Report Abuse

Any sifu can help answer my question?
According to :

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=172397&name=EA_DS_ATTACHMENTS

After share buy back, the 5 substantial holder will hold 36.24%+1%+6.83%+17.16%+9.67% = 70.9%.
Does that mean that all other shareholders holds only 30%?

If there's another buy back after this, their share will increase to 78% -> 85% -> 95%?

makubex718

161 posts

Posted by makubex718 > 2015-12-01 14:19 | Report Abuse

If not remember wrongly Parkson net cash company. Financial strong so if major shareholder keep on buy back also no scare. Next time want take private easy and can keep all the profit in own pocket..lot msia boss do this way.

Seasick85

333 posts

Posted by Seasick85 > 2015-12-01 16:55 | Report Abuse

Yeay~sold today 400 lots at 1.02..just like ks55 said, i park and sell @ 0.93, the lowest limit..matched at 1.02.. thanks ks55..

LynnUng

1 posts

Posted by LynnUng > 2015-12-01 17:42 | Report Abuse

What does it mean by park n sell??

Seasick85

333 posts

Posted by Seasick85 > 2015-12-01 19:46 | Report Abuse

LynnUng park and sell meaning normal queue..buy or sell..what i mean above is during pre opening/closing that you will get selling priority at buyers price with the condition that your selling price during pre opening/closing is lower compared to other sellers..

Pen6

239 posts

Posted by Pen6 > 2015-12-01 21:21 | Report Abuse

Seasick85 --------become----------skysick------

Seasick85

333 posts

Posted by Seasick85 > 2015-12-02 10:28 | Report Abuse

Pen6 I'm not sick la..just happy to make small money..haha..

Pen6

239 posts

Posted by Pen6 > 2015-12-02 14:46 | Report Abuse

哇 so clever, belanjar makan 福建面 ok.

Seasick85

333 posts

Posted by Seasick85 > 2015-12-02 16:09 | Report Abuse

Pen6 untung sikit saja boleh belanja makan burger satu teh tarik satu..haha.~

AdCool

3,864 posts

Posted by AdCool > 2015-12-07 13:17 | Report Abuse

After 2 weeks of monitoring, PHB will cont to use the cash to defend the share price from going below RM1. To me, this is just a waste of cash to do something which is not adding any values to the business. How long can PHB sustain this just to defend the share price from not going below RM1. The counter price will at least hover between RM1 - RM1.05 for the next few months. And there is no dividend payout. Better keep your cash in bank FD.

Posted by Shadowheartzz > 2015-12-07 13:36 | Report Abuse

How do you know PHB is defending?

AdCool

3,864 posts

Posted by AdCool > 2015-12-07 13:44 | Report Abuse

Shadowheartzz, see the buyback price. PHB isnt pushing it up and also not pushing it low. They just bought between 1.02-1.03 for the two weeks.

http://klse.i3investor.com/servlets/stk/annshrtxn/5657.jsp

AdCool

3,864 posts

Posted by AdCool > 2015-12-07 18:24 | Report Abuse

Think WC wanna avoid selling of pledge shares if the price goes lower than RM1. That's y use ah Kong money from selling of assets to support this agenda.

Pen6

239 posts

Posted by Pen6 > 2015-12-07 21:30 | Report Abuse

WC is an old car no power, buy more then throw down to RM 0.80 offer cheap cheap sale. Ho ho ho Horlick , I buy 3 lots lah RM0.81, ha ha that is the ways I like it, ha ha ha WC 我 请福建 mee ok ➕ udang besar satu ekor.

Mat Cendana

2,340 posts

Posted by Mat Cendana > 2015-12-08 18:03 | Report Abuse

@AdCool Thanks for the feedback on the share buyback. Should have done this basic check myself. Previously I had thought it was "market support" whenever it went close to 1.00. Turned out it was by PHB. Cheh!

I agree with @ks55's take - just let it slip past 1.00 and thereby find its real support, wherever that might be. Could be 0.95, or 0.85. Or 0.70...? Who knows. But I think WC and family could never see it as "penny stock", and thereby being peers with 'disreputable characters'. That would be like moving from the nice cafes and restaurants at Oasis Ara Damansara and The Curve to patronising ordinary, no-frills eateries. Would be a crushing blow to the image - once coveted shares, now ignored even by traders.

I'm still watching it for signs of bottoming out. But with this share buyback, the purported support line becomes questionable.

waseong

202 posts

Posted by waseong > 2015-12-08 21:31 | Report Abuse

ks55, stop ur 乌鸦嘴 la. share buy back is agreed by majority of shareholders in AGM, not WC one person decision. Pls respect major shareholders's decision. 百盛今天的业绩状况,你以为它想要的吗 ?整个大环境,趋势所逼..

Parkson

454 posts

Posted by Parkson > 2015-12-09 08:15 | Report Abuse

If read past few weeks Edge, William Cheng is selling a lot of his subsidiaries properties. Is he using the money to buy more Parkson?

Pen6

239 posts

Posted by Pen6 > 2015-12-09 09:08 | Report Abuse

Yes of course WC needs to eat 福建面 to stop hunger feeling, parkson shares is expensive to buy, 有钱吃福建面,That is smart. 买parksen shares, that is not smart.

speakup

27,019 posts

Posted by speakup > 2015-12-09 09:22 | Report Abuse

tengok,
Lioncorp 4.5sen
Liondiv 7.0sen
Lionind 29.0sen
Lionfib 66.0sen

Parkson will so join Lion penny stock group. Now rm1, soon will be 60sen? 70sen? 80sen?

Posted by sharebuyback > 2015-12-09 10:34 | Report Abuse

Is current share buy back only support Parkson at RM 1? Why so big buy q at RM 1?

AdCool

3,864 posts

Posted by AdCool > 2015-12-09 11:02 | Report Abuse

WC cant let it to go below RM1. Hence, must defend RM1 at all cost. The last line of defense for WC. If it breach RM1, PHB would definitely become penny stock.

Mat Cendana

2,340 posts

Posted by Mat Cendana > 2015-12-09 12:18 | Report Abuse

The round numbers are critical and are always strong resistance and support. But 1.00 is especially critical because it also carries this "penny stock" stigma. This is okay with ACE counters or those that have just been listed. But not for counters that were once coveted by investors.

I've also observed counters that sink below this level tend to stay there for years, if they don't get lifted back up within several weeks. AirAsia, UEMS, UMWOG, Armada etc. are recent `success' cases where they had gone down but managed to recover. It's something like the English Premier League - the clubs that get relegated tend to stay in the lower division/s if they don't gain promotion within the next couple of seasons. In a way, can't blame WC and PHB - 1.00 is a "defend at all cost" line.

investor99

733 posts

Posted by investor99 > 2015-12-09 16:27 | Report Abuse

At the end drop below rm1

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