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

139,200


15 people like this.

13,051 comment(s). Last comment by I_like_dividend 4 hours ago

berjaya

157 posts

Posted by berjaya > 2016-09-01 11:39 | Report Abuse

Changing bussiness model to become mall owner is a good move. For example malaysia market, aeon doing a good job with owning mall and rental out portion for profit.

berjaya

157 posts

Posted by berjaya > 2016-09-01 11:46 | Report Abuse

If stalls in malaysia can not make profit close it fast fast, only the employee of parkson loss their job so cruel.. not much to do business no good first affected is worker...

yucaihacai

355 posts

Posted by yucaihacai > 2016-09-01 18:42 | Report Abuse

Sold all contra at 0.73. Thanks to company SBB and the MK musang king. Tomolo continue collect you at 0.72 and below.

ivan9511

3,854 posts

Posted by ivan9511 > 2016-09-01 20:00 | Report Abuse

support at .0.715 good .
patient will up

Posted by sharebuyback > 2016-09-02 16:54 | Report Abuse

yucaihacai what price you buy today? Sold all?

Posted by yucaihacai > Sep 1, 2016 06:42 PM | Report Abuse
Sold all contra at 0.73. Thanks to company SBB and the MK musang king. Tomolo continue collect you at 0.72 and below.

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-09-02 20:34 | Report Abuse

02/09/2016 Changes in Sub. S-hldr's Int. (29B) - LLB STEEL INDUSTRIES SDN BHD
02/09/2016 Changes in Sub. S-hldr's Int. (29B) - LION INDUSTRIES CORPORATION BERHAD
02/09/2016 Changes in Sub. S-hldr's Int. (29B) - DYNAMIC HORIZON HOLDINGS LIMITED
02/09/2016 Changes in Sub. S-hldr's Int. (29B) - TAN SRI CHENG HENG JEM
02/09/2016 Changes in Sub. S-hldr's Int. (29B) - TAN SRI CHENG YONG KIM
02/09/2016 Changes in Sub. S-hldr's Int. (29B) - STEELCORP SDN BHD
02/09/2016 Changes in Sub. S-hldr's Int. (29B) - AMSTEEL MILLS SDN BHD
02/09/2016 Changes in Sub. S-hldr's Int. (29B) - LEMBAGA TABUNG HAJI
02/09/2016 Changes in Director's Interest (S135) - OOI KIM LAI
02/09/2016 Changes in Director's Interest (S135) - TAN SRI CHENG HENG JEM

what the heck , is they keep buying parkson share or what ?

ivan9511

3,854 posts

Posted by ivan9511 > 2016-09-02 20:59 | Report Abuse

which fund is sapuing parkson now oh ?

KLCI King

3,220 posts

Posted by KLCI King > 2016-09-04 11:00 | Report Abuse

Cheap got cheaper, dying company, so to be another megasteel

CUTLOST

5,178 posts

Posted by CUTLOST > 2016-09-04 11:00 | Report Abuse

Wait for Bullish just Like Evegreen..buy b4 too late

KLCI King

3,220 posts

Posted by KLCI King > 2016-09-04 11:02 | Report Abuse

20 cents soon, mark my words, directors now busy on trying to save so many things, nothing has changed but worse.

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-09-04 17:07 | Report Abuse

very weird for them buying parkson,
so what now, restuctured successfully or this is the strategy for them can easier when want private parkson
if really private , for me I personally feel the fair value for retailers maybe around rm1.50

TheContrarian

9,497 posts

Posted by TheContrarian > 2016-09-04 21:01 | Report Abuse

Angielim, those substantial shareholders didn't buy any additional shares. They are merely announcing their portion of "dividend shares" credited to them.

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-09-04 22:42 | Report Abuse

TheContrarian "@ thanks for correct me, I though add , sorry my bad .

yucaihacai

355 posts

Posted by yucaihacai > 2016-09-05 10:41 | Report Abuse

sold 0.73 for friday contra. continue park buy at 0.72 and below

berjaya

157 posts

Posted by berjaya > 2016-09-05 16:51 | Report Abuse

Interesting close .....

yucaihacai

355 posts

Posted by yucaihacai > 2016-09-05 18:45 | Report Abuse

Managed to sold part of contra at 0.735. now you can study lagi which lot I sold. haha !

Pen6

239 posts

Posted by Pen6 > 2016-09-05 21:27 | Report Abuse

Durian sudah makan? so nice so smart, yucaihacai.

CUTLOST

5,178 posts

Posted by CUTLOST > 2016-09-06 08:08 | Report Abuse

good...Musang King coming

yucaihacai

355 posts

Posted by yucaihacai > 2016-09-06 11:33 | Report Abuse

yup mlm ini ada musang king D2 D101 dan sbg lagi. managed to sold part of contra at 0.74. PRA and PRG now all run

yucaihacai

355 posts

Posted by yucaihacai > 2016-09-06 15:42 | Report Abuse

continue 出货 at 0.76 and above。做么人们酱喜欢追高,不起都不买 ??

ivan9511

3,854 posts

Posted by ivan9511 > 2016-09-06 15:57 | Report Abuse

parkson you must all the way to 1.00,
if not , people everyday contract take a lot of benefit from here
and our loyal shareholders will hate you as I hold Parkson more than one year form high price
and still loyal with parkson
hope parkson can same with aeon both also very good counter ?

Besto

54 posts

Posted by Besto > 2016-09-07 09:53 | Report Abuse

bravo

Besto

54 posts

Posted by Besto > 2016-09-07 10:07 | Report Abuse

close above 0.80 today

speakup

27,014 posts

Posted by speakup > 2016-09-07 14:17 | Report Abuse

potential PN17 counter.
BEWARE!

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-09-07 15:26 | Report Abuse

For me , parkson still can buy, last time almost 6.00 ringgit , got biz all over the world not only here,
network is big , just restutured then become superstar

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-09-07 15:50 | Report Abuse

4pm, hope today closed high hope is 0.79 today
add oil parkson ,previously king of shopping center and king of steel coming back now and keep flying high
hahahah

yucaihacai

355 posts

Posted by yucaihacai > 2016-09-07 19:27 | Report Abuse

Sold Parkson at 0.780 and 0.785. Thanks to Parkson SBB and the MK. Tomolo will sell higher lagi.

CUTLOST

5,178 posts

Posted by CUTLOST > 2016-09-08 09:44 | Report Abuse

I lv Parkson

yucaihacai

355 posts

Posted by yucaihacai > 2016-09-09 21:51 | Report Abuse

Tabung haji 增持,百盛股价下星期持续往北攀 !

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-09-09 22:31 | Report Abuse

Yes. Parkson boss told press that parkson share price is undervalued by public now base on their debts and nta value. Is parkson situation like aa last year. If parkson can successfully turn in net profit. I just hope all the best. Because I also wonder

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-09-09 23:21 | Report Abuse

parkson got network all over the world, I very hard to believe will go down , just now wait china awake then go back rm1.00 should be ok ? just my 2sense

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-09-09 23:39 | Report Abuse

Parkson kicked to the corner by Alibaba, Viet Nam venture did not shine as expected, Malaysia Parkson also half dying. Megasteel closed also due to China. Life is getting tough for Tan Sri.

2008 crisis was rescued by Parkson, what now?

cytew

1,610 posts

Posted by cytew > 2016-09-10 07:16 | Report Abuse

The best option for Tan Sri is to liquidate Parkson, and use the balance of cash, and invest them in Alibaba, he must act fast or peril.....

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-09-10 16:20 | Report Abuse

but parkson claim will restutured their biz strategy ,
hope successfull
last time parkson share very powerfull
such big group cannot said want die easlier , hope miracle
bursa always happen , suddenly limit up also happen many times

Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-09-12 01:13 | Report Abuse

Date Shares Acquired Min Price Max Price Treasury Shares
09/09/2016 200,000 0.790 0.790 11,591,880
08/09/2016 170,000 0.780 0.790 11,391,880

yucaihacai

355 posts

Posted by yucaihacai > 2016-09-13 16:02 | Report Abuse

bought Parkson at 0.775

speakup

27,014 posts

Posted by speakup > 2016-09-13 17:07 | Report Abuse

potential pn17 counter also can buy?

yucaihacai

355 posts

Posted by yucaihacai > 2016-09-13 17:09 | Report Abuse

主页娱乐大马娱乐
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文章来源:
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Angielim9955

2,049 posts

Posted by Angielim9955 > 2016-09-13 21:49 | Report Abuse

hi parkson team members :

regarding this :
PARKSON - OTHERS Announcement by Parkson Retail Group Limited - Very Substantial Disposal: Disposal of the Entire Equity Interests in a Wholly-Owned PRC Subsidiary and the relevant Shareholder's Loan
Back
Stock Name: PARKSON
Company: PARKSON HOLDINGS BHD
Date: September 13, 2016
Category: General Announcement for PLC
Subject: OTHERS
Reference No: GA1-13092016-00078
Read the full announcement
is this a good news ?

speakup

27,014 posts

Posted by speakup > 2016-09-13 22:09 | Report Abuse

dont change the fact that parkson is slowly dying.
this announcement just delays the inevitable death of parkson by a few months.

kelvin61

826 posts

Posted by kelvin61 > 2016-09-13 22:39 | Report Abuse

Do your homework guys on parkson and you will realise that it's time to be greedy when everyone is getting fearful. BTW, parkson's business generates very good cash flow and is a giant real estate. They're buying back their shares daily. So get smart and pick up the shares before you regret down the road as another big miss, cheers.

yucaihacai

355 posts

Posted by yucaihacai > 2016-09-14 00:18 | Report Abuse

Business News
Home > Business > Business News
Tuesday, 13 September 2016 | MYT 10:13 PM
Parkson to get RM300mil earnings boost from HK subsidiary’s unit sale

BY M. HAFIDZ MAHPAR








Parkson's outlet at Vivacity Megamall in Kuching.

KUALA LUMPUR: Parkson Holdings Bhd expects to boost its earnings for the financial year ending June 30, 2017 by RM300mil following its Hong Kong-listed subsidiary Parkson Retail Group Ltd’s (PRGL) “very substantial disposal” of an indirect unit. In a filing with Bursa Malaysia on Tuesday, Parkson said 54.67%-owned PRGL had announced to the Stock Exchange of Hong Kong Ltd the proposed disposal of Beijing Huadesheng Property Management Co Ltd for 1.67 billion yuan (RM1.03bil) plus the total amount of cash and bank balance in Beijing Huadesheng’s accounts as at the handover completion date and the amount of advanced rental taxes refunded by the Chinese governmental authorities to Beijing Huadesheng.

Beijing Huadesheng is involved in property development and property investment.

An EGM will be convened for PRGL shareholders to consider and, if thought fit, to approve the transactions.

yucaihacai

355 posts

Posted by yucaihacai > 2016-09-14 00:41 | Report Abuse

Good news for Parkson. 卖掉亏钱的资产,以后就不用一直贴钱了。

yucaihacai

355 posts

Posted by yucaihacai > 2016-09-14 00:42 | Report Abuse

The Stock Exchange of Hong Kong Limited (“The HKEx”) on 13 September 2016 by Parkson Retail Group Limited (“PRGL”), a 54.67% owned subsidiary of the Company listed on The HKEx, in relation to Very Substantial Disposal: Disposal of the Entire Equity Interests in a Wholly-Owned PRC Subsidiary and the relevant Shareholder’s Loan (“Transactions”) (“PRGL Announcement”). A copy of the PRGL Announcement is attached herewith.

Unless otherwise stated, the terms used throughout this announcement shall have the same meaning as defined in the PRGL Announcement.

The Board wishes to announce that arising from the Transactions and on the assumption that the Transactions are completed in the financial year ending 30 June 2017:

(a) the earnings of the Parkson Holdings Berhad Group (“Group”) for the financial year ending 30 June 2017 will be higher by approximately RM300 million (28 sen per share);

(b) on a proforma basis, the net assets of the Group based on the audited consolidated statement of financial position as at 30 June 2015 will be higher by approximately RM300 million (29 sen per share);

(c) there is no effect on the issued and paid-up capital and the substantial shareholders’ shareholding in the Company; and

(d) there is no material impact on the gearing of the Group.

(For the purpose of this announcement, the exchange rate of RMB1.00: RM0.61 is assumed)


Please refer attachment below.

Attachments

PRGL Announcement.pdf
86.4 kB

Announcement Info
Company Name PARKSON HOLDINGS BERHAD
Stock Name PARKSON
Date Announced 13 Sep 2016
Category General Announcement for PLC
Reference Nu

yucaihacai

355 posts

Posted by yucaihacai > 2016-09-14 09:06 | Report Abuse

百盛 0.82 高开 !鱼虾蟹笑到最后 !谢谢各位投资者的鼎力支持 !

vivoviva

775 posts

Posted by vivoviva > 2016-09-14 09:13 | Report Abuse

TP 1.10 after disposal and will be hovering @ 1.50 until mid next year.

yucaihacai

355 posts

Posted by yucaihacai > 2016-09-14 10:18 | Report Abuse

PRGL 1.03 now, up 0.34

yucaihacai

355 posts

Posted by yucaihacai > 2016-09-14 10:18 | Report Abuse

hold tight, will go 1.00 in near term

KLCI King

3,220 posts

Posted by KLCI King > 2016-09-14 12:03 | Report Abuse

Sell assets to save business? something is not right. It proved Parkson is struggling at China.

When someone has to sell house sell pants to save business rather to get more loan to expand, it is worrying.

Air_Asia

266 posts

Posted by Air_Asia > 2016-09-14 12:28 | Report Abuse

AirAsia in making? Last year AA also drop below 80 sen only to rebound to RM 3 this year. So Parkson next AA?

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