Posted by Angielim9955 > 2016-02-25 17:44 | Report Abuse

yucaihacai , can you q buy above 0.9 ah ?
you cheer us up a bit lal

Posted by Mat Cendana > 2016-02-25 17:51 | Report Abuse

If you use a "long enough" time frame (and that means more than one year), these old-brand counters will eventually move in the other direction. Things tend to happen. I've seen this happen again and again. Useless losers become darlings. But there are also those that disappear, of course. Quite a number too. So, we don't really know what's to come although being in the retail business isn't attractive right now. It's also the same with the oil n gas counters. Now most everyone shun them. Justified, of course. But times and circumstances do change. The question is, can we wait and wait?

Posted by yucaihacai > 2016-02-25 17:56 | Report Abuse

要赚百盛的红包，必须要抄底。至于到底有多底，要你自己观察了。

Posted by richkid1 > 2016-02-26 11:00 | Report Abuse

bought more at 88.5 sen. Expect Qingdao shopping mall to contribute to Parkson bottom line this year when start operation.

Posted by goldenshares > 2016-02-26 11:29 | Report Abuse

wow. 0.87 already, everyday new 52 weeks low, : )

Posted by Louis Thi > 2016-02-26 11:49 | Report Abuse

Can in now??

Posted by Beginner1 > 2016-02-26 11:55 | Report Abuse

Can... out also can

Posted by Mohd Iqbal > 2016-02-26 12:41 | Report Abuse

TP 81 sen.. Better wait at 70 sen.. Or worse at 50 sen according to ks55.. But I think 70 sen is a good buy

Posted by goldenshares > 2016-02-26 12:47 | Report Abuse

yes, 70 cts fair, but also depends on whether the business is viable or not

Posted by investor99 > 2016-02-26 13:38 | Report Abuse

http://www.enanyang.my/news/20160226/%e6%9d%8e%e5%98%89%e8%af%9a%e9%ba%be%e4%b8%8b%e6%88%90%e9%83%bd4%e8%b6%85%e5%b8%82-%e7%94%9f%e6%84%8f%e6%83%a8%e6%b7%a1%e5%b0%86%e5%85%b3%e9%97%a8/

李嘉诚麾下成都4超市-生意惨淡将关门

Posted by Markus See > 2016-02-26 14:01 | Report Abuse

From their latest interim Financial Report for second quarter ended 31 Dec 2015
page 11.

18. Borrowings and debt securities
The Group's borrowings as at end of the reporting period were as follows : RM 2,802,702,000

The Group's borrowings were denominated in the following currencies :

Ringgit Malaysia 84,037,000 = RM 84,037,000

US Dollar 560,000,000 = RM 2,389,434,000

Hong Kong Dollar 594,827,000 = RM 329,231,000

TOTAL = RM 2,802,702,000


Besides such a high geared company (RM2.8 billions of debt on group level), their currency exposure risk is quite high. Sorry, "quite" is understatement. Almost all their debts are in USD. (HKD is peg to USD).

Posted by speakup > 2016-02-26 14:08 | Report Abuse

KABOOM!
GAME OVER!!!!

Posted by goldenshares > 2016-02-26 16:33 | Report Abuse

0.865, another new record !

Posted by yucaihacai > 2016-02-26 16:52 | Report Abuse

4.50 pm 好戏连场，终于拿到红包了 ！谢谢老板，还有 Parkson 先生 ！

Posted by S56phw001 > 2016-02-26 19:48 | Report Abuse

Parkson look like umwog

Posted by S56phw001 > 2016-02-26 19:49 | Report Abuse

Day day down

Posted by datasonic > 2016-02-26 19:59 | Report Abuse

ma de.....

Posted by ivan9511 > 2016-02-27 00:54 | Report Abuse

what the h everyday drop you everyday share buy back,
tomorrow can Parkson you use all you belongings
to buy back all your f share in One-off time 。
then you can annouce private your company and no need to continue tipu tipu share buy back

Posted by Parkson > 2016-02-27 06:13 | Report Abuse

Making progress under new management
http://www.thestar.com.my/metro/smebiz/news/2016/02/02/making-progress-under-new-management-maju-junction-sheds-wornout-look-after-becoming-parkson-corps-f/

Posted by Parkson > 2016-02-27 06:14 | Report Abuse

Next QR Jan-Mar'16 will see Parkson making profit again. Take advantage to buy low now.

Posted by jayawin > 2016-02-27 11:42 | Report Abuse

Share buy back buy company mean no dividend will be declare. Dont want to touch this stupid share

Posted by pypw > 2016-02-27 12:41 | Report Abuse

Some good and responsible companies still give dividend whilst share buy back (eg.magnum/bjtoto).
Currenlty, i perfer to be on sideline. Just to observe how low this counter can be.

Posted by sinkalan > 2016-02-27 12:45 | Report Abuse

just wait for 40cts.

been watching since 1.50

Posted by MuttonCurry > 2016-02-27 12:53 | Report Abuse

Waiting ... n still waiting for a suitable price. Luckily i still waiting.... some of you say .75sen .. ok lah i wait

Posted by lux88 > 2016-02-27 17:23 | Report Abuse

Hooi already cut loss? Long time din hear from him.

Posted by beso > 2016-02-27 19:12 | Report Abuse

noway it can turn arround in current poor economy outlook 50cents is just matter of time
Good luck to those still holding

Posted by jack2 > 2016-02-27 19:14 | Report Abuse

agree, the business is hard to turnaround
lost in most countries in asia include china

not easy to do business in china, with so many local complexes

sort like check mate

Posted by Parkson > 2016-02-28 05:25 | Report Abuse

Share buy back give sign Parkson is undervalue. Allow major shareholder to increase his stake without using his own money. Is better than dividend because can support share price sliding down too much unless it stop abruptly like what Parkson faced last year when stop buy back in June'15.

jayawin Share buy back buy company mean no dividend will be declare. Dont want to touch this stupid share

27/02/2016 11:42

Posted by Parkson > 2016-02-28 05:30 | Report Abuse

NTA RM 2.59 mean if Parkson manage to sell all its assets(listed stocks PRGL and PRA, shopping malls, etc) it should worth RM 2.59 vs 89.5 sen currently.
http://klse.i3investor.com/servlets/stk/fin/5657.jsp

Posted by pypw > 2016-02-28 08:47 | Report Abuse

I bought this share also based on these few factors. NTA and share buy back. However, sometimes like this counter share price keep drop without ending (almost from rm5 to now ) Investors see their hard earn money gradually become lesser and lesser by each day. I really can imagine how the feelings.

Posted by jack2 > 2016-02-28 08:55 | Report Abuse

shud not invest based on nta
invest based on prospects and potential earning

Posted by Parkson > 2016-02-28 11:32 | Report Abuse

Drop could be due to some weak holders facing margin selling(or cut loss) but definitely not from major shareholder Tan Sri William Cheng. Each round of share dividend enable WC and Tabung Haji(no 2 Parkson top shareholders) increase their stakes. Parkson has slowed down shares buy back this year and use more of the money to invest in shopping malls(Maju Junction, Qingdao, Puchong, Cambodia and Melaka) for future profit.

Posted by pypw > Feb 28, 2016 08:47 AM | Report Abuse

I bought this share also based on these few factors. NTA and share buy back. However, sometimes like this counter share price keep drop without ending (almost from rm5 to now ) Investors see their hard earn money gradually become lesser and lesser by each day. I really can imagine how the feelings.

Posted by Parkson > 2016-02-28 11:39 | Report Abuse

CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION
AS AT
AS AT
Note
31.12.2015
30.6.2015
RM'000
RM'000
ASSETS
Non-current assets
Property, plant and equipment
3,743,364
2,483,081

Posted by Parkson > 2016-02-28 11:43 | Report Abuse

If study latest balance sheet Parkson PPE increase by RM 1.26 billion meaning purchasing new shopping malls worth RM 1.26 billion. For same reason cash balance reduce. Since most the shopping malls yet to be completed we cannot see profit come in as revenue not yet accounted.

Posted by jack2 > 2016-02-28 11:46 | Report Abuse

joke aside
warrant buffet of malaysia aka TTB also lost money in Parkson
one time TTB's favourite stock that bring him to holland
holding from big profit to lost now...
what a silly TTB, overhold the stock, just cant believe he is so naive

Posted by jack2 > 2016-02-28 15:37 | Report Abuse

one time TTB ICAP make rm20 million paper profit from Parkson shares
now down rm20 million

Posted by hpcp > 2016-02-28 15:47 | Report Abuse

does not appear in newspaper or TV not necessarily inferior to TTB

Posted by GoldenShares > 2016-02-29 11:40 | Report Abuse

this counter is "warm water cook frog", : )

Posted by Parkson > 2016-02-29 14:51 | Report Abuse

Shares buy back is real money. Those still cut loss is your real loss.

Posted by Parkson > 2016-02-29 15:47 | Report Abuse

Luckily don't follow ks55 so you are smart. Share buy back at end day will still push up Parkson.

Posted by Parkson > 2016-02-29 15:59 | Report Abuse

Notice of Shares Buy Back - Immediate Announcement
PARKSON HOLDINGS BERHAD

Date of buy back 26 Feb 2016
Description of shares purchased Ordinary shares of RM1.00 each
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 1,450,000
Minimum price paid for each share purchased ($$) 0.875
Maximum price paid for each share purchased ($$) 0.895
Total consideration paid ($$) 1,299,623.04
Number of shares purchased retained in treasury (units) 1,450,000
Number of shares purchased which are proposed to be cancelled (units) 0
Cumulative net outstanding treasury shares as at to-date (units) 21,375,580
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 (%) 1.95000

Posted by bearbull > 2016-02-29 15:59 | Report Abuse

End chapter always the PPL who run the business win the game but all those penny shareholders lose the game. Hope everyone as rich as MR parkson, able to average down. Remember u need twice or more the money to average to safe guard ur return when share u turn. If u have 10 lot RM 1.5 u better able to buy 30 lot at current price..if only able average 10lot again...good luck to u

Posted by Parkson > 2016-02-29 16:00 | Report Abuse

Last Friday buy back who sold at 87.5 sen will lose 2 sen by closing time. Same today?

Posted by yucaihacai > 2016-02-29 16:58 | Report Abuse

4.50 pm 高潮迭起 ！今天又拿到百盛大红包了 ！ 谢谢老板，谢谢 Mr Parkson, 谢谢 cut loss 的股东们 。

Posted by pypw > 2016-02-29 17:12 | Report Abuse

not bad. Hope the price can at least maintain.

Posted by smallfrysmellgood > 2016-02-29 21:07 | Report Abuse

Follow this counter forum is really 精彩as 连续剧。哈哈

Posted by pypw > 2016-02-29 21:17 | Report Abuse

输了都值是不？哈。。。

Posted by smallfrysmellgood > 2016-02-29 21:28 | Report Abuse

主角不会那么容易倒的。。。

Posted by smallfrysmellgood > 2016-02-29 21:30 | Report Abuse

看当年方展博。。。

Posted by ivan9511 > 2016-03-01 00:46 | Report Abuse

I really deep impressive Parkson fight so hard like this, make people feel touching as well.
I decided to support another 10K into Parkson for it Act.
hope small kaki like me can hold this counter, just give Parkson another three months to fight back ?
加油， 别放弃。