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 6 hours ago

Posted by William_Cheng > 2016-06-16 11:45 | Report Abuse

ks55 why not ask same question on E&O boss? He bought at RM 2.60 and only own 21% E&O compare to my Parkson stake 60%.

Posted by William_Cheng > 2016-06-16 11:47 | Report Abuse

Everyday Parkson can do shares buy back how about E&O can they do the same(SBB)?

da4444

424 posts

Posted by da4444 > 2016-06-16 13:07 | Report Abuse

So low now...can buy? Hmmm... just joking ;)

Parkson

454 posts

Posted by Parkson > 2016-06-16 13:17 | Report Abuse

Yes you also realise is low compare to E&O RM 1.68. Provided you got cash and not use margin or contra.

Posted by da4444 > Jun 16, 2016 01:07 PM | Report Abuse
So low now...can buy? Hmmm... just joking ;)

datasonic

921 posts

Posted by datasonic > 2016-06-16 17:05 | Report Abuse

q at 0.84 also not manage to sell out

yucaihacai

355 posts

Posted by yucaihacai > 2016-06-16 17:18 | Report Abuse

有鱼虾蟹继续抄底,继续赚钱 !谢谢百盛公司回购股票行动,还有一些人的乌鸦嘴。

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-06-16 17:56 | Report Abuse

only contra kaki earn money loyal shareholders like us all go holland , Parkson can you do something?

jk37

81 posts

Posted by jk37 > 2016-06-16 21:33 | Report Abuse

is ks55 something wrong? better go tanjung rambutan check up

KLCI King

3,220 posts

Posted by KLCI King > 2016-06-16 21:41 | Report Abuse

Drop from RM6.12 to RM0.84 in 5 years, 86% gone

KLCI King

3,220 posts

Posted by KLCI King > 2016-06-16 21:45 | Report Abuse

Hong Kong Parkson even worse, from HK11.38 to HK0.69 in 5 years, 94% GONE!!!

http://finance.yahoo.com/echarts?s=3368.HK+Interactive#{"range":"5y","allowChartStacking":true}

KLCI King

3,220 posts

Posted by KLCI King > 2016-06-16 21:47 | Report Abuse

Hong Kong Parkson has become from Jewel in the Crown to Mud on the Crown

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-06-19 03:06 | Report Abuse

Parkson really a bit not fighing mood, at least play above 1.00 rinngit .
Parkson such a good international brand , wordwile network biz , in china actually very strong , sogo also cannot fight lol

Posted by JackieChan > 2016-06-19 03:56 | Report Abuse

Since you are KLCI King you should know in 1993 KLCI reach 1300 and after that drop to 267 in 1998 or drop of 80% in 5 years. Those who buy KLCI at 267 where they stand now? Similarly Parkson was RM 6 stock just few years can they recover back? Do retailing become obsolete?

Posted by KLCI King > Jun 16, 2016 09:41 PM | Report Abuse
Drop from RM6.12 to RM0.84 in 5 years, 86% gone

Parkson

454 posts

Posted by Parkson > 2016-06-19 12:28 | Report Abuse

Two more days shares buy back totaling above 1 million shares. Why take trouble to buy back?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5127613
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5126293

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-06-19 12:37 | Report Abuse

Share buy backs....

They need to trace the sellers to Taiko

Posted by contrarian88 > 2016-06-20 18:34 | Report Abuse

Hi parkson,

What is your plan to the business turnover? People are coming to your store to try and buy later online, how you counter it?

i remember WC and sons sold when the share price surged 19% in one day, if they are really confident why should they sold?

ivan9511

3,854 posts

Posted by ivan9511 > 2016-06-20 20:18 | Report Abuse

sbb again = last man standing

ks55

4,226 posts

Posted by ks55 > 2016-06-22 16:18 | Report Abuse

2016年5月03日, 鍾廷森接受《The Edge財經日報》專訪時,不否認公司股價受打壓
为什么受打壓? 他不敢解释

1. Parkson lost 36m Q3.
Net lost attributed to share holder 25.5m
Maju Junction 3 month loss 5m, 6 months loss 11m.
So total losses from Maju Junction (only 9 months) is estimated to be 15m for FYE2016.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5110537

2. Lion Industries lost 130m Quarter ending 31 Mac 2016.
Lost attributed to share holders stood at 115m.
Lost per share 16.5 sen.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5111885

3. LionForest Industries lost 54m Quarter ending 31 Mac 2016
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5109381

4. Lion Diversified lost 34m Quarter ending 31 Mac 2016
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5093917

5. Lion Corp lost 91m Quarter ending 31 Mac 2016
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5094137

6. With all meow-meow losing money, and not able to pay dividend, how WC going to pay interest on margin finance of his pledged securities to tune of 20m to 50m a year?

7. Also take note Parkson derives its valuation from these two operating units. They are selling dirt 'cheap' now, and should be going down some more.
PRGL at HK$0.69 - record low, will break its own record again.
PRA at S$0.1580 - near record low, can make record any time.
Sum of Parts (SOP) is at 69 sen.
With 30% discount attached to holding company (as safety margin), safe to buy at not more than 50 sen.

8. WC has been selling Parkson share at around 91 sen.
WC sold 10.35M Parkson shares on 12.04.2016, 2.06M on 14.04.2016, and 2.18M on 20.04.2016 and 5.3m on 26.04.2016.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5058957
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5064589
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5083313
http://klse.i3investor.com/servlets/stk/annchdr/5657.jsp

9. Meaning that either he think the share already overvalued, or he has to get some money to pay interest, or the pledged shares were forced sold, or he invite all meow-meow share-holders to go holland together with him.

10. All Lion meow-meow face potential forced selling by the creditors.
This include Parkson shares.

11. Parkson rests on yesteryears business model. No hope for any turn around at least in next 3 years.

12. Share Buy-backs are weakening the balance-sheets even of the most cash-rich firms.
Is Parkson really cash rich? How about 89.39m interest paid for 9 months on 2.49 billion borrowings? Since 2008, WC already used up 2.1 billion to buy back Parkson shares, otherwise he could have saved 75m on interest payment for 9 months.

13. Parkson share buy-back has become a kind of corporate cocaine that induces a temporary feeling of invincibility but masks weakness and vacuity. It has become a norm for any punter to buy by 4.30pm, then park to sell at 4.49pm. WC is going to pay these punters 'toll' to push up closing price everyday. He cannot stabilize Parkson share price with such tactic, but just draining the valuable cash.
Worst still it become clear for WC to commit suicide by drinking sea water in the ocean to quench thirst (飲鳩止渴).
Sooner or later Parkson is going to bleed to death.

14. Please don't tell me WC cannot understand the logical reasoning above. To me, he is paying peanuts to get monkeys to run his business empire -- from the very top to the sales personnel.
Don't believe, just go to any Parkson outlet to see what are the sales girls doing......

aidwiz

356 posts

Posted by aidwiz > 2016-06-22 16:27 | Report Abuse

parkson melaka (melaka mall) also empty everyday.

Parkson

454 posts

Posted by Parkson > 2016-06-22 21:46 | Report Abuse

Najib: Chinese now willing to support BN
http://www.thestar.com.my/news/nation/2016/06/22/najib-razak-chinese-now-willing-to-support-bn/

Parkson

454 posts

Posted by Parkson > 2016-06-22 22:11 | Report Abuse

aidwiz I think you must be Chinese. In Malacca and Penang has more Chinese than Malays. Please visit Parkson in Malay states and you will see the different. Our country has more Malays than Chinese so you see Parkson sales still grow YOY.

Parkson

454 posts

Posted by Parkson > 2016-06-22 22:35 | Report Abuse

Notice of Shares Buy Back - Immediate Announcement
PARKSON HOLDINGS BERHAD

Date of buy back 21 Jun 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 ($$) 0.830
Maximum price paid for each share purchased ($$) 0.840
Total consideration paid ($$) 320,165.74
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) 48,612,980
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 (%) 4.44000
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5129813

Parkson

454 posts

Posted by Parkson > 2016-06-22 22:46 | Report Abuse

Tan Sri William Cheng with PM Najib in TV today.
http://www.thestar.com.my/news/nation/2016/06/22/najib-razak-chinese-now-willing-to-support-bn/

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-06-23 19:11 | Report Abuse

Parkson stop let contra kaki earn your hard earn money lal
everyday they buy 0.825 sell 0,84 to you.
tomorrow you staright away open at 0.90 then they dont dare to buy one ,

Parkson

454 posts

Posted by Parkson > 2016-06-24 14:24 | Report Abuse

Shares buy back again likely today. Need less money thank to those who cut loss at cheap price.

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-06-24 19:27 | Report Abuse

SBB already 49,237,980, three more days will break 50,000,000, private is easry job , faster private parkson

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-06-26 23:34 | Report Abuse

Parkson today sbb up to 0.90 please. Miracle again like three months ago

yucaihacai

355 posts

Posted by yucaihacai > 2016-06-27 20:53 | Report Abuse

Somebody pls to sing down Parkson. 鱼虾蟹 tomolo want to collect Parkson shares at 0.81, 0.805, 0.80, 0.795, 0.79 and below..

Pen6

239 posts

Posted by Pen6 > 2016-06-28 09:51 | Report Abuse

Ha ha ha. . . good morning ladies and gentlemen. I can sing while others can't. Sing a song to holland, mr 怕胜 你不要怕, 82' 81' 80'''yeh yeh yeh. sing a song to London mr WC 你不要怕 79' 78' 777' jackpot bingo, big money big money gone holland lah.

yucaihacai

355 posts

Posted by yucaihacai > 2016-06-28 14:39 | Report Abuse

bought jo at 0.810, thanks seller

yucaihacai

355 posts

Posted by yucaihacai > 2016-06-28 18:37 | Report Abuse

sold all at 0.830. yes, 鱼虾蟹继续赚钱 !Thanks all singer. p/s: pls continue to sing down parkson, 鱼虾蟹 want to collect at lower price.

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-06-28 20:27 | Report Abuse

P really stupid , see today all the kl counters up so much takut orang ketawa dia , then he sendiri buy back share make sendiri up 0.01 sen, think we all idiot ah >>>
if want help your co , shoul SBB hign volumn instaed of 39,500 at price 0.830 .

If really want help us please up 20 cents not 0.01 then the other day drop 0.02 and slowy drop again and again

datasonic

921 posts

Posted by datasonic > 2016-06-30 17:06 | Report Abuse

really shit counter...

datasonic

921 posts

Posted by datasonic > 2016-06-30 17:06 | Report Abuse

all their people are sleeping on their jobs..........

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-06-30 19:36 | Report Abuse

If someone use 6000 ringgit buy in parkaon lasw time. Now only value 800.
Share from 6.00 drop to 0.80. Beside our Famous Business genius Parkson , who can do it.

Andyghk

50 posts

Posted by Andyghk > 2016-06-30 19:55 | Report Abuse

All the clever supporters jump to the sea,but still not realize what happen to Parkson ....This year facing business great loses, may be will continue for few years like steel business.

Parkson

454 posts

Posted by Parkson > 2016-07-01 05:07 | Report Abuse

supermarket and consumer financing-Parkson new business venture?
Going back to its roots
http://www.focusmalaysia.my/Mainstream/Going%20back%20to%20its%20roots

Parkson

454 posts

Posted by Parkson > 2016-07-01 05:08 | Report Abuse

Consumer financing-Aeon Credit has done very well so if Parkson join it future will be bright.

ladahitam

578 posts

Posted by ladahitam > 2016-07-01 09:11 | Report Abuse

Hope JV with Walmart takes off..

Pen6

239 posts

Posted by Pen6 > 2016-07-01 09:16 | Report Abuse

Parkson is doing correct. Sokong.

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-07-01 16:59 | Report Abuse

waluau till 0.795 also can , I think Parkson is doing before Hari Raya clear stocks,
cincai jual cincai jual
want money dont want goods , mega sales before Hari Raya,
who want cheap can buy in now,
now is cincau jual cincai jual before Raya, dont want any share alreday now . tomorrow lagi murah lol .
many people say parkson share very easy to guess because only one direction slowly lower and lower not like Drb sunddenly can break one ringgit anytime ?

TheContrarian

9,497 posts

Posted by TheContrarian > 2016-07-01 18:55 | Report Abuse

MBSB better than Parkson.

Posted by maomaochong > 2016-07-01 19:30 | Report Abuse

百盛大減價,極限減價,觸底折扣

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-07-01 23:59 | Report Abuse

TheContrarian , hi agreed , I have enter mbsb also, but some said will drop after RI come out , because too many share already , and TheContrarian do you know mbsb got any warrant , no right ?

TheContrarian

9,497 posts

Posted by TheContrarian > 2016-07-02 00:05 | Report Abuse

No free warrant attached to rights.

yucaihacai

355 posts

Posted by yucaihacai > 2016-07-02 14:53 | Report Abuse

韩流来袭,百盛 SHOOPEN 爆红,开业两天卖四百千鞋子 !now go to 飞轮海购物中心

speakup

27,014 posts

Posted by speakup > 2016-07-02 15:40 | Report Abuse

Remember Kimisawa? Remember Chujitsu? Remember Hankyu Jaya?
Few years from now, ppl will say "Remember Parkson"?

Parkson

454 posts

Posted by Parkson > 2016-07-02 15:57 | Report Abuse

I don't remember others because they not from M'sia. Only remember Parkson got a lot of cash to buy back shares almost every day mean they have a lot of money. MBSB and Tienwah also ask for right issue but not Parkson.

yucaihacai

355 posts

Posted by yucaihacai > 2016-07-02 15:57 | Report Abuse

踩啦,尽量踩啦 !So, i want to collect it at lower price

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-07-02 16:03 | Report Abuse

TheContrarian thnaks TheContrarian
TheContrarian do you think parkson still got hope ,alreday drop from last yaer 5 to 0.80

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