Highlights
KLSE : PARKSON       PARKSON HOLDINGS BHD
Last Price Today's Change   Day's Range   Trading Volume
2.09   -0.01 (0.48%)  2.08 - 2.11  170,400

Overview

Board:Main Market
Sector:Trading/Services
Avg Volume (4 weeks):1,320,105
4 Weeks Range:1.96 - 2.22
52 Weeks Range:1.90 - 3.17
Average Price Target:2.56
Price Target Upside/Downside:+0.47
View Price Target Detail

Headlines

Latest Headlines
27/04/2015  Parkson's HK subsidiary expects to be hit harder
09/04/2015  Parkson Holding - Brand building phase BUY
05/04/2015  禍不單行
02/04/2015  [转帖] 消費領域冷暖自知‧飲食與啤酒:正面‧零售與煙草:逆風
02/04/2015  Parkson Holdings expects RM45m impact on earnings
02/04/2015  Parkson - Expect One-Off Negative Impact
01/04/2015  官司敗訴‧股價急挫‧百盛短期受衝擊
01/04/2015  Parkson - PRG Loses Arbitration Dispute
01/04/2015  Parkson: Parkson Retail Group ordered to pay RMB140m
01/04/2015  Parkson Holdings - Ordered To Pay RMB140m in Arbitration Case
31/03/2015  PublicInvest Research Headlines - 31 Mar 2015
31/03/2015  Parkson shares halted ahead of HK announcement
23/03/2015  PublicInvest Research Headlines - 23 Mar 2015
23/03/2015  Parkson calms investors as its counter plummets
23/03/2015  Blue Monday
06/03/2015  Consumer Sector - SSSG not at an inflexion point yet NEUTRAL
27/02/2015  Parkson Holdings - Improvement seen from store management strategy BUY
27/02/2015  Parkson - Cushioned by One-Off Gain
27/02/2015  Parkson Holdings - 2Q15 In The Red
13/02/2015  Parkson Holdings - Active share buybacks continues BUY

  6 people like this.
 
rlch Today Parkson buy back its own shares(using internal fund) 450,000 at price RM2.12 for total amount RM957.537K. Total cumulative shares buy back so far is 48.773 million or 4.46%.
20/04/2015 20:23
hiroya Sifu rlch, is it positive or negative sign?
21/04/2015 21:51
rlch Positive as Parkson is deemed undervalued by management hence the need for constant shares buy back.
21/04/2015 21:59
AdCool not necessary due to undervalue. Another reason is for the management to defend the share price. They have been buying back since 2013 and still buying now. However that didn't able to stop the price from dropping amid in a slower pace.
22/04/2015 09:36
hooi Bought Parkson at 2.11 & 2.12
22/04/2015 10:01
rlch Adcool, do you see any share buy back when Parkson traded above RM4? If not mistaken Parkson was traded as high as RM7 just few years back, hence I think undervalued now.
22/04/2015 18:42
rlch Another 0.48% buy back needed to reach 5%.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4713905
22/04/2015 18:42
hooi Bought Parkson at 2.09 & 2.10
24/04/2015 09:42
GoldenShares it will need more than two years to recover, price will move within 2.05 - 2.10
24/04/2015 11:53
AdCool In 2013, I also said that it will need more than 2 years to recover. Now's it's already 2015, it will need another 2 years to recover. Lol. I don't think it can recover to the level in 2009, 2010 and 2011 but to the level of 2013 perhaps.

The business in China has changed and the spending power has changed as well. Hence, PRGL should aim for halting the continuous profit reduction, and sustaining it. Next, to grow it in a sustainable rates. China is aiming for 7% growth in 2015. If PRGL can achieve a 5% growth in profit, that would be great already.

Can they stop the downtrend after these 3 years or maybe PHB is going to break the fourth year downtrend? It remains to be seen.
24/04/2015 12:09


 

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