PARKSON HOLDINGS BHD

KLSE (MYR): PARKSON (5657)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.18

Today's Change

-0.005 (2.70%)

Day's Change

0.175 - 0.18

Trading Volume

354,100


15 people like this.

13,051 comment(s). Last comment by I_like_dividend 19 hours ago

da4444

424 posts

Posted by da4444 > 2016-01-07 23:28 | Report Abuse

If you guys buy parkson at 99c and tp at 101c...whats the point when your ownself have no confidence to hold this counter?

Parkson

454 posts

Posted by Parkson > 2016-01-08 00:18 | Report Abuse

Over 700 counters down yesterday but Parkson unchanged meaning Parkson bottom is near thanks to everyday shares buy back.

AdCool

3,864 posts

Posted by AdCool > 2016-01-08 00:50 | Report Abuse

Shares buyback won't work. This is like fifth time since shares buyback. I wonder at what price Parkson is trapped now.

bearbull

135 posts

Posted by bearbull > 2016-01-08 12:16 | Report Abuse

I just sold Sem...3 months share buy back bfr up. When buying a share dun look at share buy back. Judge from whether this share is at its bottom and wat sort of risk in it...ur job is to earn from it and not be its long term shareholder

jwcha10

7 posts

Posted by jwcha10 > 2016-01-08 14:00 | Report Abuse

bunch of no knowledge human, parkson will keep dropping....see the value right now 0.98.

Parkson

454 posts

Posted by Parkson > 2016-01-08 14:05 | Report Abuse

If still drop meaning Parkson need even less money to buy back shares. Parkson has so much cash can buy everyday for this whole 2016 something not many counters can enjoy the same. Top 2 shareholders WC and Tabung Haji never disposed at all probably poor retailers like Adcool, jwcha10, hooi etc cut loss.

bearbull

135 posts

Posted by bearbull > 2016-01-08 14:17 | Report Abuse

I earned 20% on parkson past few months hike...there is no risk for me to buy now as my bottom line is 95...no harm done...and I believe 1.2 to 1.4 is possible soon...parkson is diversifiying thier business in Malaysia. Its a good thing XD No risk no gain

AdCool

3,864 posts

Posted by AdCool > 2016-01-08 15:57 | Report Abuse

hooi was buying a lot back last year and Mr Parkson was just asking ppl to buy and kept shouting on the 10sen dividend. When I mentioned it s just a proposal and not sure way to get it, then Mr. Parkson is so defensive. And now it s proven that the dividen is no way to be seen. So Mr. Parkson is the poor retailer getting trapped in this counter and have no guts to cut loss and move on. And yet he wanna label the rest who have been accumulating alot back then to cut loss as poor retailers.

Come on, cutting loss in shares investment isnt a bad thing. If I have not cut loss at RM1.75, I would have made more loss now and without any single cash dividend but just hope and hope and hope that WC would reward me for my loyalty in holding PHB.

bearbull

135 posts

Posted by bearbull > 2016-01-08 16:53 | Report Abuse

Those who hold high abv..good luck..lesson in stock is always critical set set ur cut loss point..at this lvl now no need cut..cuz is decade low..maybe only consider to cut below 95 or start averaging at current lvl

Parkson

454 posts

Posted by Parkson > 2016-01-12 11:03 | Report Abuse

CNY coming soon. Parkson cash register full with money. Share buy back hundred of thousand RM done every day is sup sup sui.

Parkson

454 posts

Posted by Parkson > 2016-01-12 11:08 | Report Abuse

Sorry sup sup sui to non Chinese meaning done easily.

Parkson

454 posts

Posted by Parkson > 2016-01-12 11:10 | Report Abuse

All of us are different human being so eating and shopping preferences cannot be 100% same. Some people may like to shop at Padini, etc but Parkson has their own loyal customers. Human can lie but figure cannot. Parkson revenue keep growing year by year.

Parkson

454 posts

Posted by Parkson > 2016-01-12 11:20 | Report Abuse

Q1 2016(latest QR) revenue RM 933.389 million is 10% higher YOY. Profit RM 63 million also a big jump compare to 1 year ago.
http://klse.i3investor.com/servlets/stk/fin/5657.jsp

Parkson

454 posts

Posted by Parkson > 2016-01-12 11:40 | Report Abuse

Thanks to those who sell cheap Parkson use less money to buy back shares every day. Meaning what? Cash balance can last longer.

Parkson

454 posts

Posted by Parkson > 2016-01-12 17:59 | Report Abuse

Small Cap picks 2016 by Public Invest. TP RM 1.48.
http://klse.i3investor.com/servlets/pfs/55224pub.jsp

Mohd Iqbal

266 posts

Posted by Mohd Iqbal > 2016-01-12 19:33 | Report Abuse

I thought small cap below 250M??? Parkson is nowhere near small cap. Outstanding shares 1 Billion. When it was above RM2 last year market cap more than 2 Billion. When it was RM5 few years back, market cap 5 Billion.

Parkson is considered Mid Cap.

Posted by angelinaloke > 2016-01-13 12:06 | Report Abuse

new low again he he

Posted by angelinaloke > 2016-01-13 12:06 | Report Abuse

WC giving up to buy back.. hehe

ivan9511

3,854 posts

Posted by ivan9511 > 2016-01-13 17:06 | Report Abuse

what happen ?

ivan9511

3,854 posts

Posted by ivan9511 > 2016-01-14 03:17 | Report Abuse

AdCool :
Hi AdCool
Thanks for the explanation,
Sorry I long time did not watch Parkson counter liao.

I just saw your comment only.
thanks

However,I still believe in Parkson Counter,
Add oil

Parkson

454 posts

Posted by Parkson > 2016-01-14 04:45 | Report Abuse

Notice of Shares Buy Back - Immediate Announcement

PARKSON HOLDINGS BERHAD

Date of buy back 13 Jan 2016
Description of shares purchased Ordinary shares of RM1.00 each
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 522,600
Minimum price paid for each share purchased ($$) 0.965
Maximum price paid for each share purchased ($$) 0.975
Total consideration paid ($$) 507,482.57
Number of shares purchased retained in treasury (units) 522,600
Number of shares purchased which are proposed to be cancelled (units) 0
Cumulative net outstanding treasury shares as at to-date (units) 13,023,480
Adjusted issued capital after cancellation
(no. of shares) (units)
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%) 1.19000

hng33

20,491 posts

Posted by hng33 > 2016-01-14 15:29 | Report Abuse

Bought back Parkson at 96sen

Posted by PennytoDollar > 2016-01-14 15:37 | Report Abuse

company buy back share is a good sign right? mean they have lot cash now?

hng33

20,491 posts

Posted by hng33 > 2016-01-14 16:57 | Report Abuse

Sold back Parkson at 97sen

Parkson

454 posts

Posted by Parkson > 2016-01-15 03:41 | Report Abuse

You are right PennytoDollar. Parkson has a lot of cash hence share buy back almost every day using hundreds of thousand RM every day. This is something no other stocks in Bursa can do like Parkson.
http://klse.i3investor.com/servlets/stk/annshrtxn/5657.jsp

Parkson

454 posts

Posted by Parkson > 2016-01-15 03:44 | Report Abuse

Even Public Invest(M'sia no 1 mutual trust company) regard Parkson highly with TP RM 1.48. Parkson has more outlets and sales than Padini despite only half Padini price.

Pen6

239 posts

Posted by Pen6 > 2016-01-15 09:29 | Report Abuse

Ha ha
ks55 勇者 创造机会
智者 把握机会
愚者 找不到机会
死者 (絕望者) 永遠沒有机会
13/01/2016 22:08
Two thumps up, awarded two LIKES, my honey said.
Me too, LIKE, one big thump up for Mr KS 55. Ok

da4444

424 posts

Posted by da4444 > 2016-01-15 10:30 | Report Abuse

Mr Parkson, a lot of cash doesn't mean the company is good. As an investor myself I would prefer if the company spend the cash for strategic expansion or m&a instead of everyday buyback share. Without expansion plan, parkson's profit can't go beyond the sky.

speakup

27,014 posts

Posted by speakup > 2016-01-15 15:25 | Report Abuse

one day parkson will be forgotten just like Hankyu Jaya, Kimisawa, ....

moniekj

1,037 posts

Posted by moniekj > 2016-01-17 13:48 | Report Abuse

Just now at Parkson queue to pay. The cashiers ask us go to lower floor to pay. 'Kita nak rehat'. 1 counter 2 cashiers why must shut down the counter. Seems like the management are losing their grip on their staffs. The company are running like nobody business now. Mr Parkson since you are major share holder, pls pass the massage to WC.

Tsuto

54 posts

Posted by Tsuto > 2016-01-17 14:31 | Report Abuse

parkson has more sales than padini?

891088

595 posts

Posted by 891088 > 2016-01-17 19:12 | Report Abuse

Parkson planning to shutdown their retail this year

Parkson

454 posts

Posted by Parkson > 2016-01-17 20:53 | Report Abuse

Tsuto here is the proof. Q1 2016 Parkson sales RM 933.389 million vs Padini RM 269.573 million(or compare TTM Parkson RM 3.822 billion vs Padini RM 1.020 billion). Padini sales are from M'sia whereas Parkson also has outlets in China, S'pore, Indonesia, etc. If compare profit same qtr Parkson made RM 63.29 million vs Padini RM 31.8 million or about 2 times.

http://klse.i3investor.com/servlets/stk/fin/5657.jsp
http://klse.i3investor.com/servlets/stk/fin/7052.jsp

Tsuto parkson has more sales than padini?

moniekj(or any shareholder) can you suggest/communicate to below person?

Name Ms Quah Le Ching
Designation General Manager - Corporate Communications
E-mail address quahlc@lion.com.my
Contact No. 03-2142 0155 ext. 2505
http://www.lion.com.my/WebCorp/phb.nsf/contact_person

lux88

148 posts

Posted by lux88 > 2016-01-17 21:34 | Report Abuse

Revenue high so what, u need to look at profit margin.
Parkson will be like Nokia.

CUTLOST

5,178 posts

Posted by CUTLOST > 2016-01-18 08:16 | Report Abuse

Better don't buy..from 2.5 keep falling to 90cts..everyday share buy back..but drop everytime

bearbull

135 posts

Posted by bearbull > 2016-01-18 11:59 | Report Abuse

Parkson is diversifying...still is a good price to buy right now. Nobody ask u to cut loss only when it reaches 80sen and 50sen

AdCool

3,864 posts

Posted by AdCool > 2016-01-18 12:03 | Report Abuse

NOt from 2.5 but RM5 and never recovered since then. 2012 until now.

hng33

20,491 posts

Posted by hng33 > 2016-01-18 16:40 | Report Abuse

Bought Parkson at 97.5-98sen

hng33

20,491 posts

Posted by hng33 > 2016-01-19 09:58 | Report Abuse

On track to move up back to RM 1.00

Icon8

737 posts

Posted by Icon8 > 2016-01-19 15:03 | Report Abuse

You are right hng33. CNY coming soon Parkson outlets getting crowded each day. So is their cash.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2016-01-19 15:04 | Report Abuse

Parkson outlets crowd?? It must be a joke !!!!

Icon8

737 posts

Posted by Icon8 > 2016-01-19 15:08 | Report Abuse

If not where the money to buy back shares come from?

ivan9511

3,854 posts

Posted by ivan9511 > 2016-01-19 17:40 | Report Abuse

I agreed with hng33

seem will break 1 easily and hope all the best for Parkson,

I will Visit Parkson store to purchase my cny clothes。
let support Parkson, once a famous shopping center for us.

Posted by smallfrysmellgood > 2016-01-19 19:45 | Report Abuse

Jom. Let's go parkson shopping. Don't forget bring bonus link card

da4444

424 posts

Posted by da4444 > 2016-01-19 23:35 | Report Abuse

ks55 looks like you have some grudges with Parkson. Did you lose your underpants before? :)

paperplane2016

21,659 posts

Posted by paperplane2016 > 2016-01-20 00:07 | Report Abuse

Nta now berapa? Long time no watch

Icon8

737 posts

Posted by Icon8 > 2016-01-20 09:00 | Report Abuse

CNY coming soon. Parkson cash register non stop ringing with money.

hng33

20,491 posts

Posted by hng33 > 2016-01-20 12:06 | Report Abuse

Sold off at 99.5sen, realize profit first

moniekj

1,037 posts

Posted by moniekj > 2016-01-20 13:59 | Report Abuse

Paperplane if you put in yr portfolio, year end sure win...

culain99

94 posts

Posted by culain99 > 2016-01-20 15:30 | Report Abuse

bought at june at 1.85, now stuck < 1.00

Post a Comment
Market Buzz