WC also manage to sell a lot of properties this and last year so building up war chest to privatize Parkson? Loss QR reported so that he can buy cheap?
Notice of Shares Buy Back - Immediate Announcement PARKSON HOLDINGS BERHAD
Date of buy back 27 May 2016 Description of shares purchased Ordinary shares of RM1.00 each Currency Malaysian Ringgit (MYR) Total number of shares purchased (units) 380,000 Minimum price paid for each share purchased ($$) 0.865 Maximum price paid for each share purchased ($$) 0.865 Total consideration paid ($$) 330,049.80 Number of shares purchased retained in treasury (units) 380,000 Number of shares purchased which are proposed to be cancelled (units) 0 Cumulative net outstanding treasury shares as at to-date (units) 41,878,980 Adjusted issued capital after cancellation (no. of shares) (units) Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 3.83000 http://www.bursamalaysia.com/market/listed-companies/company-announcements/5107437
Can trust ks55? Today unchanged at 86.5 sen thanks to SBB.
Posted by ks55 > May 30, 2016 03:19 PM | Report Abuse
Today may close at 80 sen. Tomorrow 75 sen. When Affin-Hwang starts to forced sell in open market, Parkson will be at 50 sen. Up to you to believe. It is your money..........
ANYWAY, Parkson right now is grossly overpriced !!!!!!!!!!!!!!!!
Notice of Shares Buy Back - Immediate Announcement PARKSON HOLDINGS BERHAD
Date of buy back 31 May 2016 Description of shares purchased Ordinary shares of RM1.00 each Currency Malaysian Ringgit (MYR) Total number of shares purchased (units) 1,055,000 Minimum price paid for each share purchased ($$) 0.850 Maximum price paid for each share purchased ($$) 0.855 Total consideration paid ($$) 900,108.01 Number of shares purchased retained in treasury (units) 1,055,000 Number of shares purchased which are proposed to be cancelled (units) 0 Cumulative net outstanding treasury shares as at to-date (units) 43,413,980 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 (%) 3.97000 http://www.bursamalaysia.com/market/listed-companies/company-announcements/5111741
walau a Parkson, still can tahan back to 0.85, and volumn is not bad , still very strong fight back, haha. so now we all hope good news come out soon, actaully I do believe now is the bottom , hope can play above rm 1.00 . ?
speakup bro not all stocks can use wb's way of investing. Back at his time he knew his portfolio companies can grow into a mega corporation. Can you see parkson grow? I don't think so. Parkson's day is over. Their fashion sense so outdated. You don't see them advertise and marketing in media anymore. There are so much more specialized fashion shop out there competing with parkson. Just my 2 cents.
I have one questions, wt h Parkson hold so many own shares :
Treasury Shares 44,666,980
what Parkson going to do with those shares , is it the HQ going to private , it yes better give us RM2.00 per share, we r loyal investor hold more than one year without dividend as well ?
AdCool, but why dont they just give out dividend instaed of share dividend, because they also need to use cash to share buy back as well , if they just give cash dividend will help to push up the price one ?
ivan dont worry , since today volume increase from last few days and price up as well, I can see is very high is uptrend now , just hold a bit longer will break 1 rinngit very soon, I also sapu 2.5lots parkson at 0.88 just now, I have confidence at Parkson, Parkson in Pavillion is earning money.. 08/06/2016 17:13
By giving shares dividend, they can use the company's money to support the share price. The reason to support share price is to prevent pledge securities being forced sell by those investment banks. This could be a selfish approach to protect someone significant in the company i.e. directors, big shareholders's holding from being being forced sell by the investment banks.
In contrast, cash dividend only serve to reward all the shareholders but not supporting the counter price and may trigger pledged securities forced sell by investment banks after the ex date of the dividend. Hence, for personal/owner interest (not the company interest or shareholders interest), it makes more financial sense to give shares dividend.
AdCool, I still confuse, because share buy back also need money, give div also need money, but if they want protect their share price , dont you think give us dividend , better than everyday sbb, got dividend not need sbb public will push up one if got dividend, because dividend is the most wanted by public ?
When share price is low SBB is better because can prevent share price drop. Dividend is one time(give money) only after dividend if share price drop how to protect?
Posted by Angielim9955 > Jun 10, 2016 12:29 AM | Report Abuse AdCool, I still confuse, because share buy back also need money, give div also need money, but if they want protect their share price , dont you think give us dividend , better than everyday sbb, got dividend not need sbb public will push up one if got dividend, because dividend is the most wanted by public ?
With the current PHB standing, even with cash dividend, it won't stop the downtrend. Only with Share Buy Back, the company can defend the share price by using the company cash. But this is very bad as their debts are huge and instead of par down the debts, they used it to do Share Buy Back. There could be better way to spend the cash i.e. expanding business or par down the debts to save on interests.
So, is PHB a company to do business or a company to do shares trading? I think PHB has fallen into a quick sand and it has let go the only rope that could save it. It's a sinking boat. Forget bout PHB. It caught itself into a real big mess and the directors are yet to admit it and still believe in their 10 years ago success and strategies. Eventually PHB could ends up like Kodak and Nokia.
is buyer stupid or seller stupid? Mmmmmmmmm...........dua dua pun stupid. Buyer is 1st stupid, then seller is 2nd stupid, Sudan beli tidak jual lagi bodoh, Sudah beli lagi beli, lagi lagi budoh. Parkson itu pandai, smart to laugh to all stupids. Tak beli itu pandai, because don't need to sell, tak jadi si bodoh. OK
Pen6 , I have to agreed to you, Parkson share really dont know how to pay, buy or sell or hold or top up or cut loss ........................ all of those actions seem stupid also, once we enter parkson really dont know how to manage it ?
Why escape if suffer loss? Only hng33 dare to admit he use margin. How about other investors? How a share can drop if the buyers not using margin or use cash? Cash buyers will do nothing and try to earn dividend. In Parkson is share dividend.
Posted by Andyghk > Jun 16, 2016 10:33 AM | Report Abuse Company continuing buy back shares is not proper way ,large investors take opportunity escape their shares.
Yes i3 investors is smart to sell a stock at very low price and chase other stocks at high price. Good for me to privatize Parkson cheap-cheap. After Kbunai next is my turn to do privatization.
Notice of Shares Buy Back - Immediate Announcement PARKSON HOLDINGS BERHAD
Date of buy back 15 Jun 2016 Description of shares purchased Ordinary shares of RM1.00 each Currency Malaysian Ringgit (MYR) Total number of shares purchased (units) 150,000 Minimum price paid for each share purchased ($) 0.840 Maximum price paid for each share purchased ($) 0.840 Total consideration paid ($) 126,566.75 Number of shares purchased retained in treasury (units) 150,000 Number of shares purchased which are proposed to be cancelled (units) 0 Cumulative net outstanding treasury shares as at to-date (units) 46,488,980 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 (%) 4.25000 http://www.bursamalaysia.com/market/listed-companies/company-announcements/5125193
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Pen6
239 posts
Posted by Pen6 > 2016-05-28 22:18 | Report Abuse
issit very good!! OK. I heard 怕胜 earn 0.5 sen lah this Q three months.