PARKSON HOLDINGS BHD

KLSE (MYR): PARKSON (5657)

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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 17 hours ago

Pen6

239 posts

Posted by Pen6 > 2016-02-22 23:49 | Report Abuse

May be try .92 tomorrow ok, rm92 hen gong huat, Ada kuat? Ada kaya?

yucaihacai

355 posts

Posted by yucaihacai > 2016-02-23 12:14 | Report Abuse

百盛股价蠢蠢欲动,要跑了 !

pypw

207 posts

Posted by pypw > 2016-02-23 16:56 | Report Abuse

Drop again. I think tomoorow have to buy few lots to average down my holding on this conuter.

Posted by smallfrysmellgood > 2016-02-24 09:29 | Report Abuse

0.925 .... someone selling seafood buy parkson lo ....

Posted by smallfrysmellgood > 2016-02-24 09:29 | Report Abuse

Good luck everyone

Ananas

109 posts

Posted by Ananas > 2016-02-24 09:47 | Report Abuse

Ks55. Give you a like. one man show against so many 鱼虾蟹 with reasonable explaination & evidence.

goldenshares

3,543 posts

Posted by goldenshares > 2016-02-24 10:05 | Report Abuse

We revised PHB’s FY16F-18F earnings downwards by 38-42%, mainly attributed to PRG’s weak performance, and considering the longer-than-expected turnaround period on the back of challenging retail landscape. Although we believe that recent setbacks have well been priced in, we do not expect share price to recover anytime soon given the bleak outlook. We thus downgrade to Neutral with a lower TP of RM0.88 pegged to our FY17F EPS, while keeping close view on signs of recovery in China consumption pattern.

Parkson

454 posts

Posted by Parkson > 2016-02-24 11:30 | Report Abuse

Thirty Largest Registered Shareholders as at 30 September 2015
Registered Shareholders No. of Shares % of Shares*
25. Lee Shin Cheng @ Lee Leong 7,201,300 0.66

Parkson

454 posts

Posted by Parkson > 2016-02-24 11:33 | Report Abuse

Among Parkson top 30 shareholders in latest AR IOI Tan Sri Lee Shin Cheng is the richest; a billionaire himself far richer than Parkson William Cheng. Those who want to sell at cheapest price now I believe Tan Sri Leeis happy to accumulate.

noobnnew

973 posts

Posted by noobnnew > 2016-02-24 11:35 | Report Abuse

Balance sheet does not look good. I will buy in around 0.5 because no much more to lose that time

Parkson

454 posts

Posted by Parkson > 2016-02-24 11:39 | Report Abuse

Shares buy back(1.71%) still continue everyday meaning Parkson still cash rich. Those who sell now can help Parkson to use even less money for buying back shares so Parkson cash can last longer.

Notice of Shares Buy Back - Immediate Announcement
PARKSON HOLDINGS BERHAD

Date of buy back 23 Feb 2016
Description of shares purchased Ordinary shares of RM1.00 each
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 100,000
Minimum price paid for each share purchased ($$) 0.935
Maximum price paid for each share purchased ($$) 0.935
Total consideration paid ($$) 94,218.39
Number of shares purchased retained in treasury (units) 100,000
Number of shares purchased which are proposed to be cancelled (units) 0
Cumulative net outstanding treasury shares as at to-date (units) 18,743,480
Adjusted issued capital after cancellation
(no. of shares) (units)
Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 1.71000
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5006533

goldenshares

3,543 posts

Posted by goldenshares > 2016-02-24 11:41 | Report Abuse

if lee shin cheng takes it over from william i am sure Parkson will rebound, : )

Parkson

454 posts

Posted by Parkson > 2016-02-24 11:55 | Report Abuse

noobnnew are you the 1 cut loss? Why you so interested to comment here?

Parkson

454 posts

Posted by Parkson > 2016-02-24 11:57 | Report Abuse

Those who sell now or even lower you are the 1 suffering loss not WC, Parkson, ks55 or PublicInvest. Are you sure you sure can gain money buying other stocks? Brokerage and stamp duty loss is sure thing.

pypw

207 posts

Posted by pypw > 2016-02-24 14:47 | Report Abuse

Just bought 3 lots at 925 to average down my existing share on this lousy coointer. No eye to see everyday drop.

Mk17

51 posts

Posted by Mk17 > 2016-02-24 15:06 | Report Abuse

still got hope on this counter?

pypw

207 posts

Posted by pypw > 2016-02-24 15:18 | Report Abuse

Not dare to buy big. Buy small small. Everyday drop dont know where is the bottom.

goldenshares

3,543 posts

Posted by goldenshares > 2016-02-24 15:24 | Report Abuse

this counter will kill you softly, : )

Posted by smallfrysmellgood > 2016-02-24 15:29 | Report Abuse

Just now drop to 0.915 ... wow

pypw

207 posts

Posted by pypw > 2016-02-24 15:30 | Report Abuse

Incase parkson declare bankruptcy do the shareholder get anything back and how much per lot?

Posted by smallfrysmellgood > 2016-02-24 15:34 | Report Abuse

Won't bankrupt la . Maybe delist lo. Haha .

Andyghk

50 posts

Posted by Andyghk > 2016-02-24 15:38 | Report Abuse

Parkson market price meet lower again but still got royalty supporter continuing buy in....... if understand the market movement that mean never facing losses.... but only ks55 know the movement.

Posted by smallfrysmellgood > 2016-02-24 15:42 | Report Abuse

Holland open new parkson branch Meh?

Andyghk

50 posts

Posted by Andyghk > 2016-02-24 15:43 | Report Abuse

Calvin also the one who know market movement but seldom give the information....

Andyghk

50 posts

Posted by Andyghk > 2016-02-24 15:46 | Report Abuse

This year Malaysia facing alot of economy problem not only refer to Parkson only....... should see the whole market.......

Parkson

454 posts

Posted by Parkson > 2016-02-24 15:48 | Report Abuse

Those selling today will mean Parkson need less money to buy back shares. Yesterday spend RM 94K today if buy same qty today expect RM 2K less.

ganasai

1,671 posts

Posted by ganasai > 2016-02-24 15:50 | Report Abuse

TP 0.88.

Parkson

454 posts

Posted by Parkson > 2016-02-24 15:52 | Report Abuse

Sellers have choice not to follow.

Posted by ganasai > Feb 24, 2016 03:50 PM | Report Abuse
TP 0.88.

Parkson

454 posts

Posted by Parkson > 2016-02-24 15:54 | Report Abuse

ganasai when PublicInvest give TP RM 1.48 last week/last mth why nobody follow?

Pen6

239 posts

Posted by Pen6 > 2016-02-24 16:25 | Report Abuse

smallfrysmellgood Holland open new parkson branch Meh?
24/02/2016 15:42
This is good, it cheer me, two thumps up to you. Let us wait for parkson new branch opened for business someday later. Ho ho ho holand yeh.

Andyghk

50 posts

Posted by Andyghk > 2016-02-24 16:27 | Report Abuse

William like to see force selling and lower market price... may be he can privatize Parkson at 70 cents...

bearbull

135 posts

Posted by bearbull > 2016-02-24 16:28 | Report Abuse

Mr parkson, nvr ever follow buy call from investment bank XD. They r human anyway cari makan only.

Parkson

454 posts

Posted by Parkson > 2016-02-24 16:33 | Report Abuse

Actually each day shares buy back meaning WC control Parkson even more minus using his own money.

bearbull

135 posts

Posted by bearbull > 2016-02-24 16:52 | Report Abuse

U can check backed back parkson teasury, highest is around 7 to 8% and they dispose thier buy back at higher price. Now teasury total less 2%. If u really wan to average may I suggest u to only average when teasury share abv 3%. Or maybe hit 90 sen only average...no point to average now

noobnnew

973 posts

Posted by noobnnew > 2016-02-24 17:31 | Report Abuse

QR out. Bleeding heavily. I will in at 50sen just for gambling purpose.

ljmeng

830 posts

Posted by ljmeng > 2016-02-24 17:35 | Report Abuse

i think lion group better move to holand la....really malu!

yucaihacai

355 posts

Posted by yucaihacai > 2016-02-24 17:49 | Report Abuse

cut loss at 0.920. tiu kau hoi

lux88

148 posts

Posted by lux88 > 2016-02-24 18:02 | Report Abuse

Where is Hooi? Dont know he still holding or sold all already.

beso

2,137 posts

Posted by beso > 2016-02-24 18:07 | Report Abuse

Result out -2.88cent eps, big drop tomorrow, go chow si ah

cipat

34 posts

Posted by cipat > 2016-02-24 18:13 | Report Abuse

ks55, you r funny, ha ha ha

beso

2,137 posts

Posted by beso > 2016-02-24 18:17 | Report Abuse

Bo chow si
Business model unsustainable, continue bleeding, how low you buy also won't help it will go lower and lower.

pypw

207 posts

Posted by pypw > 2016-02-24 18:25 | Report Abuse

Yep very funny. Loss also worth the value . If i let go all now i already loss 200 +. 真的不好玩。小生怕怕。

yucaihacai

355 posts

Posted by yucaihacai > 2016-02-24 19:40 | Report Abuse

Parkson posts 2Q loss, revenue up on year at RM1.04b
By Gho Chee Yuan / theedgemarkets.com   | February 24, 2016 : 7:24 PM MYT   

Translated by Google Translator: 
选择语言​▼
KUALA LUMPUR (Feb 24): Parkson Holdings Bhd posted a net loss of RM31.44 million in the second quarter ended Dec 31, 2015 (2QFY16), as the retail group registered losses in its operations abroad.
 
In a statement to Bursa Malaysia today, Parkson said the net loss compared to a net profit of RM110.61 million a year earlier. Revenue rose to RM1.04 billion, from RM981.68 million.

During 2QFY16, Parkson said its retail operations in China, Vietnam, Myanmar and Indonesia reported losses. Malaysian operations however, posted profit during the quarter.

For 1HFY16, Parkson's group net profit fell to RM31.85 million, from RM130.82 million a year earlier. Revenue was up at RM1.97 billion, from RM1.83 billion.

Parkson said its Malaysian operations recorded a revenue of RM448 million, with lower operating profit at RM30 million, on "subdued consumer sentiment."

This followed implementation of the goods and services tax, as the ringgit and commodity prices weakened.

Looking ahead, Parkson expects its retail division to record "satisfactory performance", in view of higher consumer spending during the Chinese New Year.

Parkson said it planned to foster "close business partnerships with leading sector players" to grow its business.

At 5pm today, Parkson shares fell 1.5 sen or 2% to close at 92 sen, for a market capitalisation of RM989.1 million. The stock saw 1.71 million shares traded.

pypw

207 posts

Posted by pypw > 2016-02-24 19:59 | Report Abuse

Overall earning or lossing? 今年賺还是亏叻?

AdCool

3,864 posts

Posted by AdCool > 2016-02-24 21:42 | Report Abuse

finally I can see PHB going to touch below 90 sen.

Parkson

454 posts

Posted by Parkson > 2016-02-24 22:37 | Report Abuse

When Parkson hit low price share buyback increase to 475K from below 100K past few weeks showing Parkson management now know how not to spend too much cash unnecessarily to maintain price.

Parkson

454 posts

Posted by Parkson > 2016-02-24 22:44 | Report Abuse

If someone want to cut loss below 90 sen tomorrow expect share buyback quantity to reach 500K so can reach bearbull 3% share buyback target faster.

ivan9511

3,854 posts

Posted by ivan9511 > 2016-02-25 01:06 | Report Abuse

hi guys , I also loss many at Parkson counter, I also know parkson made loss money recent report.
But do you know wtf still everyday share buy back by their big shareholder, dont they know their company loss money or they want to private Pakson soon

culain99

94 posts

Posted by culain99 > 2016-02-25 08:46 | Report Abuse

making loss

pypw

207 posts

Posted by pypw > 2016-02-25 08:53 | Report Abuse

Why is he still so confident keep buying back the shares. Don't he know the company making loss could be bankrupt soon.

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