Posted by Parkson > 2016-02-25 09:01 | Report Abuse

Revenue increase is good sign. Perhaps Parkson only need to close more unprofitable stores.

Posted by smallfrysmellgood > 2016-02-25 09:03 | Report Abuse

Everyday new low. 0.905 now ...how ? Any strategy behind ?

Posted by Parkson > 2016-02-25 09:05 | Report Abuse

Cash rich company cannot go bankrupt. Buying back shares every day need money. Parkson still has shares in PRGL and PRA which can be sold for money.

Posted by pypw > Feb 25, 2016 08:53 AM | 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.

Posted by Parkson > 2016-02-25 09:09 | Report Abuse

Mahkota Parade is one of them and many old Parkson stores should be closed.

Posted by smallfrysmellgood > 2016-02-25 09:10 | Report Abuse

0.900 already . Will it reach 0.880 today? Let's see

Posted by smallfrysmellgood > 2016-02-25 09:13 | Report Abuse

Parkson department stalls you mean ?

Posted by smallfrysmellgood > 2016-02-25 09:17 | Report Abuse

That's why I am waiting for 0.5 or lower . Bought last time 0.99 and sold all at 0.95 .... and wait

Posted by smallfrysmellgood > 2016-02-25 09:18 | Report Abuse

Or not to consider buy in anymore..... will see

Posted by goldenshares > 2016-02-25 09:21 | Report Abuse

no sign of turnaround, wait n see, : )

Posted by culain99 > 2016-02-25 09:21 | Report Abuse

down down

Posted by speakup > 2016-02-25 09:29 | Report Abuse

one day Parkson will be remembered together with Hankyu Jaya, Chujitsu, Kimisawa, ...

Posted by Andyghk > 2016-02-25 09:37 | Report Abuse

The actual net asset value for Parkson is $2.59,even business losses had replace back by continuing selling asset.... the total net asset is increase not reduce. Company still have alot of asset can be sell that mean is under control and stable.

Posted by Parkson > 2016-02-25 10:16 | Report Abuse

Could be selling come from Public Mutual(cut loss after downgrade?) but Parkson share buyback is ready to pounce.

Posted by Parkson > 2016-02-25 10:17 | Report Abuse

IOI Lee can also support buying if he keen to take control and implement necessary changes required at Parkson.

Posted by smallfrysmellgood > 2016-02-25 11:10 | Report Abuse

0.895 now .... not far from 0.88 . Outstanding

Posted by goldenshares > 2016-02-25 11:15 | Report Abuse

Although Ks55 not that " friendly ", he is good analyst, : )

Posted by Parkson > 2016-02-25 11:17 | Report Abuse

Buy back shares 500K can be done today. If further drop increase qty shares buyback should not be a problem.

Posted by Parkson > 2016-02-25 11:21 | Report Abuse

Looking at very big buy q at 87-89 sen today selling climax could happen near soon.

Posted by smallfrysmellgood > 2016-02-25 11:26 | Report Abuse

Nearer. 0.890 now

Posted by Parkson > 2016-02-25 11:28 | Report Abuse

Buy back 1 million shares should not be ruled out today.

Posted by smallfrysmellgood > 2016-02-25 11:49 | Report Abuse

Oh no. ... 0.875 now . Lower than my tp ...

Posted by smallfrysmellgood > 2016-02-25 12:02 | Report Abuse

Ks55

0.75 you buy ?
I think can buy at 0.75 and make it average at 0.5
Parkson you will sell at 0.75 or 0.5 ?

Posted by smallfrysmellgood > 2016-02-25 12:03 | Report Abuse

I am std 3 pupil ... and will save my pocket money ( no school breakfast and lunch ) given by papamama today to buy parkson at 0.75

Posted by AdCool > 2016-02-25 12:05 | Report Abuse

Forget bout PHB. It won't be making money as long as China's economy is still in weakness. And this could last the whole of 2016 and half of 2017. By then, it s almost the 10 years cycle since 2008. Would the economy global crisis happens in 2018? If yes, PHB has no chance to rebound until 2019.

Posted by Parkson > 2016-02-25 12:11 | Report Abuse

Selling q subside. Accumulation in progress?

Posted by Parkson > 2016-02-25 12:12 | Report Abuse

smallfrysmellgood why should I sell?

Posted by Parkson > 2016-02-25 12:15 | Report Abuse

Perhaps WC purposely pressing down Parkson for him or shares buyback to buy cheap?

Posted by smallfrysmellgood > 2016-02-25 12:20 | Report Abuse

Aside everything. Sincerely wish everyone have a profitable trading year

Posted by Mat Cendana > 2016-02-25 12:28 | Report Abuse

If you really want to buy for some reason, including to average down, I feel the better thing to do is to WAIT first. "If buying at 1.50 had been a 'good' price, then 0.88 is better"...? No. Because it can always get lower. By how much, no one knows. Heck, this might be the lowest point ever, and the price will start recovering from tomorrow. Or not (which is more likely).

The point is, we will be guessing either way. I feel it's much better to let the charts indicate a bottom has been reached AND it's clearly recovering again. Not doing anything IS an action too. Keep your capital in cash for now, if Parkson is what you want to buy. There will come the time when the price moves the other direction. It definitely isn't now...yet.

Posted by smallfrysmellgood > 2016-02-25 12:34 | Report Abuse

Mat cendana. Well said .

Posted by datasonic > 2016-02-25 13:00 | Report Abuse

@%$$*&^(&*&*&*^%$$^%#

bought this counter at 1.09, though that so cheap during that time
....... still can continue to drop ..... really nothing to said

Posted by pypw > 2016-02-25 13:42 | Report Abuse

Earlier if we listen to ks55. Buy at this level or 50c will not loss so much. Wasted all our bullets.

Posted by zerocool7199 > 2016-02-25 15:12 | Report Abuse

Hopeless counter..

Posted by Markus See > 2016-02-25 15:13 | Report Abuse

Fundamentally this business is losing market share year by year. It happens globally due to the rise of online shopping. It used to have bright prospect but not anymore. Investing is all about its future prospects. I'm not saying its irrelevant already. People will still shop at departmental store. People will still go. But the middle class are also very tech savvy now. They prefer shop online which is cheaper, convenient etc etc. I shop a lot at lazada nowadays. My friends too. My parents , they dont shop at all. Get the idea?

Just face it. This business is being disrupted quite a while ago. Not only in Malaysia or China. Even in America, JC Penny stock is also being hammered. I can go list more other department stores business facing the same fate.

And Parkson issue is not just this alone. In China, Parkson has lost its shine to its ever growing competitors. It has become like our old Yaohan , slowly bleeding..... then u know. They cant compete with Chinese players. They simply can't. Period.

Will Parkson go bankrupt? No, i don't think so. It still has assets. If you want to invest in growth/future earnings etc, think twice.

The people. Does WC has good reputation? You answer yourself. Look at all his other listed companies.

Posted by goldenshares > 2016-02-25 15:17 | Report Abuse

well said, Markus, : )

Posted by Parkson > 2016-02-25 15:39 | Report Abuse

Should be shares buy back get aggressive today.

Posted by Parkson > 2016-02-25 15:41 | Report Abuse

Despite people talking bad Parkson revenue keep increasing. Only need to take care is their expenses mainly rental and staffs expenses.

Posted by Parkson > 2016-02-25 15:42 | Report Abuse

If can buy back 2 million shares today must thank those cutting loss today.

Posted by Mat Cendana > 2016-02-25 16:02 | Report Abuse

Nowadays I try to go with the flow. Especially in trying to spot a trend, and getting in. Easier said than done though. There is always this "Already gone up a lot lah...", and getting to my bad habits of trying to catch the bottom of counters. I've had successes, and it's very satisfying. But alot of the time, the darn counters would go down further! Even though they were already 'cheap'. Have to accept the reality of this one: a counter STILL can go down even more. Which is why I now try to catch things that are going up.

With Parkson, I don't really know about its business prospects. As with the other companies. Oh, I'd read what the investment bank analysts say, of course. And I'd look at basics like EPS and the dividend yield. The latter is very important if you intend to hold for some time. Always nice to receive these dividends. Provided the share price hasn't gone down too much. With Parkson etc., I will be a "fair weather friend". If it's not doing well, I stay away. But watch. When it starts to perform, I will be its buddy :-) Have to take care of OUR interest first and foremost.

Posted by noobnnew > 2016-02-25 16:17 | Report Abuse

Will wait at 50sen. Win I win big, nothing much left to loss.

Posted by ganasai > 2016-02-25 16:31 | Report Abuse

i buy in 10 lot to support lah. aiyah this is old brand. must give some face.

Posted by pypw > 2016-02-25 16:43 | Report Abuse

Feel embarrassing just now stupidly bought 3 lots again on this lousy counter.

Posted by yucaihacai > 2016-02-25 16:55 | Report Abuse

4.50 pm，百盛派红包给股东们, good !

Posted by smallfrysmellgood > 2016-02-25 16:57 | Report Abuse

Impressive ... from 0.875 jump to 0.91 in really short time. Bravo parkson

Posted by Ming Koay > 2016-02-25 17:08 | Report Abuse

ganasai!! bravo!!

Posted by ganasai > 2016-02-25 17:09 | Report Abuse

ok lah give face play. drop every 10c, then buy 10 lot. mental support this old brand.

Posted by Ming Koay > 2016-02-25 17:11 | Report Abuse

use to be strong n good company. mayb manage by wrong ppl, hopefully can get change soon..

Posted by yucaihacai > 2016-02-25 17:17 | Report Abuse

按锤… 明天要排队买 0.875 了…

Posted by Angielim9955 > 2016-02-25 17:43 | Report Abuse

Kanasai , you r a super hero,
You saved many people here.
I bought in stp Parkson 10lots above one.
So you can imagin how sad I was just now.

Posted by Angielim9955 > 2016-02-25 17:43 | Report Abuse

ganasai Kanasai , you r a super hero,
You saved many people here.
I bought in stp Parkson 10lots above one.
So you can imagin how sad I was just now.