Highlights
KLSE : PARKSON       PARKSON HOLDINGS BHD
Last Price Today's Change   Day's Range   Trading Volume
2.40   0.00 (0.00%)  2.31 - 2.44  1,726,700

Overview

Board:Main Market
Sector:Trading/Services
Avg Volume (4 weeks):1,296,960
4 Weeks Range:2.31 - 2.60
52 Weeks Range:2.30 - 3.60
Average Price Target:2.81
Price Target Upside/Downside:+0.41
View Price Target Detail

Headlines

Latest Headlines
25/11/2014  Parkson - Weaker Sales, Higher Costs
25/11/2014  Parkson Holdings - Renewed share buyback policy last week BUY
25/11/2014  Parkson Holdings - 1Q15 Below Expectations, Slow Paced Recovery
14/11/2014  基本面佳‧百盛股票回購撐股價
14/11/2014  Parkson Holdings - Seeking fresh mandate for share buyback BUY
11/11/2014  Parkson Holdings - Significant improvement in China’s SSSG BUY
27/10/2014  Parkson takes over management of Maju Junction Mall
27/10/2014  Maybank Research Highlights - 27 Oct 2014
13/10/2014  Parkson Holdings - PRA accepts mandatory offer to sell Odel stake BUY
09/10/2014  Parkson Holdings - Slower SSSG contraction in July and August BUY
18/09/2014  Parkson Holdings - Mandatory Offer to Purchase Odel Shares
18/09/2014  Parkson unit gets takeover offer for Odel
18/09/2014  Parkson Holdings - Mandatory offer of Odel PLC shares held by PRA BUY
18/09/2014  Parkson Holdings - RM70m Proceeds From ODEL PLC Privatisation
17/09/2014  Trading Stocks - 17 September 2014 - Ideal Sun City | Multi-Usage | LBS | Parkson | Dutaland
12/09/2014  Parkson Holdings - Window Shopping
05/09/2014  Parkson Holdings - Key takeaways from corporate luncheon BUY
27/08/2014  PARKSON HOLDINGS BERHAD - FY14 Within Expectations
27/08/2014  Parkson Holdings - At the inflexion point BUY
27/08/2014  Parkson Holdings - Unexciting Prospects

  4 people like this.
 
Flintstones AdCool, fundamentally, Parkson isn't cheap at all. You are looking at a business producing returns below cost of capital. Businesses like these are valued at NTA. Currently, Parkson is absolutely fully valued. Only investors believing in the great recovery of China would pay a premium for Parkson. But then, if Parkson goes down to less than RM 2, then it is time to whack like no tomorrow! Parkson is a good business. You just need one good timing to whack its butt.
25/11/2014 20:10
flyup888 wont drop till rm2...
25/11/2014 20:35
AdCool With the share buyback, may not be able to go down to RM2.00. Their method is to push up the price before market closes. That's how they sustain the price back in previous share buyback.

Parkson is still making profit but somehow, the share price isnt reflected. Some other counters in Bursa are making loss, yet their price are being manipulated and being pushed up.
25/11/2014 23:02
Flintstones I am fairly concerned about Parkson's share buybacks. I remember they bought all the way down from the peak. That is not the best use of cash IMHO.
26/11/2014 08:51
AdCool Maybe the chairman should just resign and let the younger blood to take over and turnaround the business. Selling the business in China could be a step forward and focus on Indonesia and SEA.
26/11/2014 13:56
ks55 ## 買回庫藏股的目的在法規上稱為「維護公司信譽和股東權益」,
所以它就像在護盤,大量買進公司股票支撐股價。

你有聽過哪個大股東很好心會幫大家護盤的嗎?
會想支撐股價的原因,通常是有難言之隱。

不外乎是大股東有質押股票,
也就是拿股票抵押來借錢,萬一股價下跌,抵押品價值會不足,
因此就拿公司的錢來買進庫藏股,支撐股價。 ##

http://klse.i3investor.com/blogs/kianweiaritcles/64694.jsp
26/11/2014 16:51
ks55 Look at the difference between share buy back and share bought by WC.

Share buy back always at 1650hr with price 20 or 30 bids higher than last transaction at 1645hr. Volume for share buy back always account for 50% or higher of the total volume. Why so? Ah Kong's money.

Now our hero WC buy PHB. How did he buy? Park at the lowest price so people will throw to him. How much he buy each time? 20k? 30k? 40k? And he did not buy everyday!
Why? He has to use his own money.
26/11/2014 16:54
ks55 WC is a 71 year old man. What do you expect from him?

Fly to Beijing, fly to Shanghai, Hongkong, Hanoi, Rangoon, Colombo, Singapore, Jakarta and stay in Kuala Lumpur to attend to management meetings and board's meetings as Chairman and Managing Director. Does he still have that type of energy?

Not to forget he has bigger problem with Megasteel, LionCorp, LionDiv, LionInd to make him sleepless every night.
26/11/2014 17:30
ks55 Price alternating at 2.33 and 2.34 from 1600hr to 1645hr.
At 1650hr, 460k bid at 2.45, all done at 2.40. Who is the bidder? Ah Kong buy back with Ah Kong's money. What is the integrity of share buyback?
你有聽過哪個大股東很好心會幫大家護盤的嗎?
會想支撐股價的原因,通常是有難言之隱。
26/11/2014 21:43
ks55 Ah Kong will again do the same trick tomorrow. Why?
不外乎是大股東有質押股票,
也就是拿股票抵押來借錢,萬一股價下跌,抵押品價值會不足,
因此就拿公司的錢來買進庫藏股,支撐股價。

So you still have faith in WC?
26/11/2014 21:45


 

310  346  430  625 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 MINETEC 0.135-0.01 
 MUIIND 0.255+0.025 
 NOVAMSC 0.205+0.015 
 JAG 0.20-0.015 
 KNM 0.59-0.005 
 HUBLINE 0.040.00 
 PRIVA 0.18-0.01 
 SYSTECH 0.31+0.025 
 NEXGRAM 0.0850.00 
 SONA-WA 0.1950.00 
Partners & Brokers