if they successful turnover for department store I think loss will not be happen. They buy a lot of Korean brand and other international brand to house under parkson.
hope par faster give us cash dividend or share bonus , like that keep falling really scarlly, last few years still got 5.90 now 0.81. really can POKai one , Parkson hd been biz for so long can say is ancestor of shopping center, last time parkson sungai wang very famous, landmark for tourists, i really dont want see parkson going down , at least play above 1.00 rinnggit ,
I just read the quarterly report. The loss belong to Hanoi sold to other party bcs keep making losses and the impairment is around 15 million. This means mynnnar side is starting to make money. Also co is considering cash rich co. The borrowing I think is for parkson credit which like aeon credit as the still new co so can see more opportunity inside is they manage carefully. They didn't hold any share on lion group so whatever bankuptcy won't affect parkson but cannot ignore tat wc maybe sold some parkson share to cover lion group
Notice of Shares Buy Back - Immediate Announcement PARKSON HOLDINGS BERHAD
Date of buy back 22 Jul 2016 Description of shares purchased Ordinary shares of RM1.00 each Currency Malaysian Ringgit (MYR) Total number of shares purchased (units) 460,000 Minimum price paid for each share purchased ($$) 0.815 Maximum price paid for each share purchased ($$) 0.815 Total consideration paid ($$) 376,411.40 Number of shares purchased retained in treasury (units) 460,000 Number of shares purchased which are proposed to be cancelled (units) 0 Cumulative net outstanding treasury shares as at to-date (units) 52,933,480 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 (%) 4.84000 http://www.bursamalaysia.com/market/listed-companies/company-announcements/5155393
parkson should hire me to revamp their business... parkson is a failed business model where all the money scking people swamping around for easy money, it is a place where employees can easily get their money from, and the employers just throw their money like nothing... investors face turn sour....
i always visit parkson... it is a dead business.. boring and old fashion, rude and stupid employees, i work in parkson before.. i just take my monthly salary without doing anything.. it is just damn stupid... business model, no customers and yet they employ more workforce for the company...
pokemon go also cant save this useless and piece of shiit company~ only i can save it. hahahaha
they should restructure their company by firing all those useless and rude employees,and go through a thorough interview, selection and training.. not just simply hire employees based on workers recommendation... what? is parkson a family camping for the workers where their cousin, son, daughther just stand their and talking, being rude to customers..
u guys live in what century ? 21 century right?why hired so much stupid,dumb and useless employees? they not being helpful at all, just fcking replace them with computers better.. idiot management team, this company will be delisted soon if they dont listen to me.
he Company is now in a closed period for dealings in its securities by its Directors and principal officers pending the announcement of its results for the fourth financial quarter ended 30 June 2016.
The Company has today received a notification from Y. Bhg. Tan Sri William H.J. Cheng, a Director of the Company, of his intention to deal in the securities of the Company during closed period.
Tan Sri William Cheng's current direct and indirect shareholdings in the Company are as set out in Table 1 hereunder.
Table 1 Direct Interest
Indirect Interest
No. of Shares
% of Shares*
No. of Shares
% of Shares*
341,765,266
32.86
288,916,917
27.78
what the h parkson hold so many own share want private faster private , dont play us
Name DYNAMIC HORIZON HOLDINGS LIMITED Address P.O. Box 957 Offshore Incorporations Centre Road Town Tortola Virgin Islands, British. Company No. 1742985 Nationality/Country of incorporation Virgin Islands, British Descriptions (Class & nominal value) Ordinary shares of RM1.00 each
** is that mean parkson still worth 1.00, why this company can sell parkson at 1,00 indirectly one ?????
TheContrarian @ TheContrarian thanks for explanation , thanks a lot. then someone here know how much they sell indirect can it above 1.00 ?????????????????????
@TheContrarian , yes but I no hold any tickets of mbsb,btw I know you keep promote mbsb , anything good news can share, maybe will see see. But currently I jam many money in Parkson, sanichi and mulpha , so maybe no money 85% in three of them over 100K and now loss amost 35 k ringgit liao so TheContrarian any good counters please share sahre, appreciate your sharing
Angielim, sorry to hear about your paper losses. I thought you were still holding your MBSB and I told you MBSB had a better chance to reach RM1 before Parkson.
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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....
CFTrader
812 posts
Posted by CFTrader > 2016-07-19 22:39 | Report Abuse
http://www.thestar.com.my/business/business-news/2016/07/19/court-orders-parkson-retail-units-bank-deposits-be-frozen/
Adding salt to the injury.
So all of you that claim Parkson is cash-rich, is not rich anymore as their bank deposit being FROZEN.
I can hear Elsa singing Let it go ... Let it go ...