Highlights
KLSE: PARKSON (5657)       PARKSON HOLDINGS BHD MAIN : Trading&Services
Last Price Today's Change   Day's Range   Trading Volume
0.44   +0.01 (2.33%)  0.435 - 0.44  44,800
Trade this stock with T+7 trading account. Find out more.

Overview

Market Cap: 481 Million
NOSH: 1,094 Million
Avg Volume (4 weeks):334,410
4 Weeks Range:0.38 - 0.45
4 Weeks Price Volatility (%):
85.71%
52 Weeks Range:0.38 - 0.68
52 Weeks Price Volatility (%):
20.00%
Average Price Target: 0.82
Price Target Upside/Downside: +0.38
Stamp duty exempted for year 2018

Financial Highlight

Latest Quarter | Ann. Date 31-Dec-2017 [#2]  |  26-Feb-2018
Next QR | Est. Ann. Date: 31-Mar-2018  |  24-May-2018
T4Q P/E | EY: -2.58  |  -38.78%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 2.1365  |  0.21
T4Q NP Margin | ROE: -6.98%  |  -7.99%

Headlines

Date Subject
26-Mar-2018 中国业务转型‧百盛可返正轨
20-Mar-2018 Mplus Market Pulse - 20 Mar 2018
27-Feb-2018 Mplus Market Pulse - 27 Feb 2018
14-Feb-2018 百盛控股 和解获净利2500万
13-Feb-2018 Parkson Holdings Berhad - Settlement Reached
18-Dec-2017 业绩仍亏.百盛可否雨过天晴?
23-Nov-2017 Parkson Holdings Berhad - China Making Progress
23-Nov-2017 Parkson Holdings - Seasonally Weak, Losses Narrowing
16-Nov-2017 百盛控股东盟营运续疲软
15-Nov-2017 Parkson Holdings Berhad - PRA Outlook Remains Challenging
01-Oct-2017 思索策略.重塑定位.百盛零售业巨人
26-Sep-2017 Traders' Corner - Parkson Holdings (PKS MK)
28-Aug-2017 亏损恐旷日持久.百盛充满挑战
28-Aug-2017 Parkson (Cease Coverage) - Ending FY17 With Huge Loss
28-Aug-2017 Parkson Holdings - China Turning The Corner
24-Aug-2017 Parkson - PRA Still In Headwinds
18-Aug-2017 Parkson - Improvements in PRG’s 1HFY17
31-Jul-2017 PublicInvest Research Headlines - 31 Jul 2017
30-May-2017 (Parkson Holdings) When Can It Turn Around ?
25-May-2017 Parkson (SELL, maintain) - Still in the red

Business Background

Parkson Holdings Bhd is a Malaysian based company which is engaged in operating and managing departmental stores. Its brands include "Parkson" and "Centro". The stores offer well known international brands of fashion and lifestyle related merchandise. Parkson operates its business in segments namely Retailing and Property. Major part of its revenue is from the Retailing segment. It carries its retailing business in four geographical areas including Malaysia, China, Myanmar and Indonesia. The company generates its revenue from operation of stores, which comes from China.
Analyze this stock with MQ Trader system

  11 people like this.
 
LowChingHong may Tan Eng be with you all
28/03/2018 10:54
LowChingHong his one is Tan Eng stock.
28/03/2018 10:55
yucaihacai 中国业务转型‧百盛可返正轨
Author: Tan KW Publish date: Mon, 26 Mar 2018, 09:40 AM
Close
大马业务方面,营业额增长4%至5亿零500万令吉,主要是新分店作出额外营收贡献。惟营运下的同店销售额却是负成长4%,主要是缺少去年同期的开斋节购物活动。
读者NSH问:

(1)百盛(PARKSON,5657,主板贸服组)的(A)前景还行吗?有点担心其业绩和财务表现,(B)还值得持有吗?

答:(1)(A)及(B):百盛前景如何及是否值得持有,最近宣布最新业绩及业务表现,以及未来业务前景的评语等可供参考。

截至2017年12月31日为止第二季,百盛由盈转亏(相信也是令投资者担心的主因),净亏损为1387万令吉(每股净亏损为1.30仙),前期还取得净利7266万5000令吉(每股净利为6.76仙)。

该公司第二季及首6个月的营业额变动不大,分别达到10亿6450万9000令吉及19亿8131万9000令吉。每股资产值为2令吉19仙。

首6个月,该公司旗下主要零售业务营业额增长3%至19亿5600万令吉,营运亏损为900万令吉,这里点出其每个市场零售业务表现,以供参考。

大马业务方面,营业额增长4%至5亿零500万令吉,主要是新分店作出额外营收贡献。惟营运下的同店销售额却是负成长4%,主要是缺少去年同期的开斋节购物活动。

基于这点,大马业务营运亏损进一步扩大至2000万令吉。截至去年杪,百盛大马拥有45间分店,包括2间新开的关丹及新山分店,与此同时,公司也关闭了2间业务欠佳的分店。

●中国业务:这是公司零售业务最大贡献者。转型策略出现令人鼓舞的回酬,第二季及首6个月营运下的同店销售额分别增长3%及2%,首6个月的营业额增长4%至13亿1900万令吉,主要是改善营运效率,取得营运盈利3200万令吉(前期则是营运亏损8500万令吉)。截至2017年12月31日,百盛中国在中国30个城镇设有48间分店。

●越南/缅甸:百盛越南首6个月的同店销售额出现负成长5%,主要是市场竞争激烈所致。缅甸业务营运贡献则是微不足道,因仅有1间分店。而越南则有7间分店。

●印尼业务:首6个月,印尼营运的同店销售额负成长8%,营业额走低至8600万令吉,主要是缺少前期的佳节购物活动,蒙受1300万令吉的营运亏损。该公司关闭雅加达的2间分店后,分店数目减少至15间。

其他业务则包括饮食、消费者融资业务、及投资控股领域。随着整体业务表现改善,营运亏损减少。

次季税前亏损300万

总的来说,该公司表示,最新第二季的营业额成长16%至10亿6500万令吉,主要是年杪及假期季节的消费者开销有增无减所致。较高营业额及持续改善营运效率,使公司营运由亏转盈,取得营运盈利2700万令吉。不过,在纳入减记亏损3600万令吉之后,使公司第二季出现税前亏损300万令吉。

谈到公司未来业务展望时,在下个季度(第三季),公司旗下的零售业务表现,将从消费者在农历新年佳节较高开销中受惠。

该公司对旗下中国零售业务继续具信心,相信在专注多元零售模式,以及配合分店网络尽大化及加强提供产品的转型策略下,公司可落入正轨之中。

东南亚营运续迎挑战

该公司表示,东南亚区域的营运环境料将持续具挑战,因消费者情绪低迷及市场竞争激烈,惟公司将继续监督其策略执行及分店的表现。

百盛最新企业消息方面,该公司和大连天河达成和解协议及赔偿协议,将可从中取得2500万令吉净收益。分析员认为,将可在2018财政年业绩反映出来。
28/03/2018 11:36
Jon Choivo Can buy like 1% of portfolio, and every 20% drop top up 1% loh.
28/03/2018 20:04
Lion88 Hello.
Can anyone explain the recent fall in PRA price?
>10% decline in price from 62 cents to the current 55 cents in 5 days.
Totally unbelievable when the retailers are trying hard to push up the price, someone at the other end is pushing it down hard.
29/03/2018 16:48
KLCI King Hello, how do you know retailers are trying hard to push up? May be they are the one that selling down.

Only God knows, unless you are him

Posted by Lion88 > Mar 29, 2018 04:48 PM | Report Abuse
Hello.
Can anyone explain the recent fall in PRA price?
>10% decline in price from 62 cents to the current 55 cents in 5 days.
Totally unbelievable when the retailers are trying hard to push up the price, someone at the other end is pushing it down hard.
29/03/2018 16:51
KLCI King This Parkson is a dying fish, the destination was set long time ago, only some still have faith over it, even though they might not believe why it was traded so cheap.
29/03/2018 16:53
LimKT gogogo
29/03/2018 17:28
Lim Tek Wai go ahead!
29/03/2018 17:57
JuniorR From Parkson China division (PRGL) - 31/12/2017 Final Results

MANAGEMENT DISCUSSION AND ANALYSIS

The Chinese economy recorded a steady Gross Domestic Product (“GDP”) growth rate of 6.9% in 2017, exceeding the national target of 6.5% and the previous year’s growth rate of 6.7%. A key driving force behind the economic growth was consumption evident by the retail sales growth of 10.2% year-on-year. New retail driving growth “New retail” which is represented by a trend to merge e-commerce and physical retail stores seamlessly has flourished in China. The evolution of “new retail” has called for more personalized consumer experience and physical retail stores’ presence. Tech giants has been investing actively in physical retail companies, including department stores and supermarket chains to expand their offline presence. While the emergence of “new retail” has brought a lot of challenges to the entire retail industry in China, we see ample opportunities and positive signs ahead of us. Physical stores are increasingly benefiting from nationwide shopping festivals like the “Singles’ Day” which originated online. At Parkson, we have boosted our online marketing campaign and thus captured the opportunities brought by these online shopping festivals. For example, on the Singles’ Day in 2017, we have recorded a GSP of RMB188.5 million, presenting growth of 48.1%.

As a retailer with over two decades of retail experience in the country, we possess in-depth and first-hand understanding of consumer demand and expectations. We appreciate that Chinese consumers are increasingly discerning and they are not only brand conscious, but also quality focused. The new generation of Chinese is also looking for quality lifestyle, healthier food and entertainment to enjoy a balanced life. With such consumer insights, we have rolled out a series of new retail formats to cater to their dynamic demand for the past few years. Our financial figures have shown initial success. SSS grew by 3.2% in Q4 of 2017, compared with 1.4% during the same period last year. SSS in 2017 grew by 1.3%, turning around from a decline of 6.7% in 2016. The increase was mainly attributable to the strong performance of our department stores’ direct sales and the successful roll out of new retail formats like the Qingdao Lion Mall.
30/03/2018 11:19
yucaihacai OTHERS PARKSON HOLDINGS BERHAD A. PROPOSED DISPOSAL OF DTP SUBJECT EQUITY; AND B. PROPOSED COMPENSATION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

PARKSON HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description PARKSON HOLDINGS BERHAD

A. PROPOSED DISPOSAL OF DTP SUBJECT EQUITY; AND
B. PROPOSED COMPENSATION

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
We refer to the announcement made by the Company on 12 February 2018 in relation to the Proposals ("Announcement"). Unless otherwise stated, the defined terms used in this announcement shall carry the same meanings as defined in the Announcement.

The Board of Directors of the Company wishes to announce that Dashang had on 29 March 2018 informed Serbadagang that the Proposed Disposal of DTP Subject Equity had been completed on 26 March 2018 ("Completion").

Following the Completion, Dalian Tianhe Parkson ceased to be a subsidiary of the Company.

In consideration of Serbadagang transferring the DTP Subject Equity to Dashang at the Disposal Consideration, Hefei Parkson shall pay Rmb100 million (equivalent to approximately RM62.00 million) to Serbadagang on or before 30 April 2018 and Serbadagang shall further negotiate with Hefei Parkson on a possible additional compensation which is subject to Serbadagang and Hefei Parkson entering into a legally binding agreement on or before 30 June 2018.
30/03/2018 14:27
yucaihacai PHB gain RM 25 million
30/03/2018 14:28
FlowerhornKing66 Post removed. Why?
31/03/2018 22:34
1431599283521664 40 cents only 72 lots buying
02/04/2018 15:28
Lman Lin it will go to 39 cents.
03/04/2018 10:28
ParksonOk 75 sen(PublicInvest TP) - RM 1 vote BN. Lower Parkson vote Pakatan. Which 1 BN choose?
04/04/2018 10:56
JuniorR From Parkson China division (PRGL) - 31/12/2017 Final Results

MANAGEMENT DISCUSSION AND ANALYSIS (Part 2)

Diversified retail formats on the right track
In 2017, we have seen many encouraging returns for our new retail initiatives. For instance, we launched the Qingdao Lion Mall in 2016 which offers over 200 brands with Parkson department store and Parkson supermarket as anchor tenants. Qingdao Lion Mall’s has achieved an occupancy rate of more than 95% since its opening and the high occupancy is backed by its carefully selected tenant mix and merchandise offering that fits local consumers. Constantly launching creative marketing campaigns, both online and offline, also helped to drive its successful launch. The mall has turned profitable during its first full year of operation in 2017 and we shall continue our efforts to optimize its tenant mix, marketing initiatives and operational efficiency.

Riding on the success of the Qingdao Lion Mall, we have expanded in to the “managed stores” business. In 2017, we were invited by a developer to manage a property in Nanning. Under the “managed stores” business model, the Group will manage commercial properties on behalf of property owners in return of management fees. The “managed stores” business is in line with our asset light model, and generates stable income stream for the group.

Our Parkson Newcore Citymall brand, a joint venture with Korea’s E  Land Group, added another store under the brand in 2017. The first Parkson Newcore Citymall which was opened in Shanghai is well known for its popular Korean themed merchandise and lifestyle elements and has achieved outstanding financial and operational performance right since its opening. Following its success, we opened the second Parkson Newcore Citymall in Nanchang in May 2017.

We have been developing our food and beverage (“F&B”) business since 2015 to offer a wide variety of F&B brands to the local consumers, as Chinese consumers become healthier and more lifestyle conscious. Our F&B outlets aim to offer a cozy, affordable and trendy dining experience to consumers in between shopping, to enhance our customer experience and to create synergies for our retail and F&B business. One of our key F&B brands is the renowned handmade Taiwan bakery brand “Hogan Bakery” that was introduced to China in 2016. Started from the iconic “Xin Tian Di” flagship bakery, Hogan Bakery is well received by local consumers and has become a quality brand among millennials and young families. In 2017, we had four “Hogan bakery” in prime locations in Shanghai and a centralized kitchen had been put in place to accelerate the chain’s future expansion.
05/04/2018 22:04
JuniorR Just to reassure sceptical investors.. I've been recommending Parkson for a long time and have been accumulating for long time. TP still RM2.
05/04/2018 22:06
Bursalearner Just visit Parksons outlets on weekends and see how quiet it is, better to cut loss now before the real bear market hits, already got a fortaste of what it is like..
05/04/2018 23:01
ParksonOk bought at 38.5-39 sen. Why no 1 can highlight Parkson to book RM 25 million profit?
06/04/2018 09:39
ParksonOk Add more 38 sen.
06/04/2018 09:40
TheLegend27 nowadays is e-commerce era. parkson online selling close shop coz unable to compete and generating loss in online selling. i'm a buyer of parkson website last time and that is my first and last time.
06/04/2018 17:47
TheLegend27 on the contrary, i bought a lot fro lazada for the past 5 years. non-stop buying and still do it now. haha
06/04/2018 17:48
limch Why no 1 know PRGL up 2 sen?
https://www.etnet.com.hk/www/eng/stocks/realtime/quote.php?code=3368
09/04/2018 12:34
ks55 PRA 5 cent
Nobody tell you PRA is at 20 years low?
09/04/2018 16:25
Lion88 Hi Ks55.
What is going wrong with this counter?
09/04/2018 16:27
ks55 M-Square is hitting fly day and night.
Check out abandon malls in Malaysia to see how many Parkson stalls operating from these malls......
09/04/2018 16:30
ks55 Find out yourself which Parkson stall should close, and prepare a schedule for their closure.
This should be the first priority for WC instead of looking for new location overseas like Burma, Kamboja, Vietnam, Laos, Sri Langka, Indonesia, and places like M-Square and Maju Junction.............

http://www.parkson.com.my/store-location
09/04/2018 16:51
Yael Jasper on the contrary, i bought a lot fro lazada for the past 5 years.
09/04/2018 17:36
Yael Jasper What is going wrong with this counter?
09/04/2018 17:37
Yael Jasper What is going wrong with this counter?
09/04/2018 17:37
steven223838 nothing wrong with this counter .you are wrong . read the next few quarterly reports with your eyes open.
09/04/2018 18:58
steven223838 Online-to-Offline Commerce Trends

More than 80% of retail sales will still happen at physical locations in 2020. And despite the best efforts of Amazon.com, just over 8% of retail sales happen online. Now consider Amazon's $13.7 billion purchase of Whole Foods in 2017 and you can see where the leader in online commerce is placing its bets. Aside from Amazon, every top-10 retailer is a brick-and-mortar operation. That's not to say that traditional retailers aren't hedging their bets. Walmart has spent mightily to bridge the gap between online users and retail locations, including its 2016 purchase of e-commerce company Jet.com. Consider that about 80% of consumers research items online before making a purchase, and one can see that the future lies in a convergence between online and offline sales.

Read more: Online-to-Offline Commerce https://www.investopedia.com/terms/o/onlinetooffline-commerce.asp#ixzz5CAmipA5D
09/04/2018 19:16
lion188 Only 1 ctr owned cannot take care ask people somemore. You deserved to be poor.

Lion88 Hi Ks55.
What is going wrong with this counter?
09/04/2018 16:27
10/04/2018 03:31
ajibkor 80-RM 1 by May 9th we give BN win ok?
10/04/2018 16:12
William_Cheng RM 1 Parkson by May 9th I vote BN.
11/04/2018 09:17
Alex™ parkson 40sen by 9 may i vote PR
11/04/2018 12:16
Yael Jasper Dwon!Down!
11/04/2018 17:04
albert787378 you down Parkson up
11/04/2018 22:23
albert787378 RM 100 Parkson by May 9th I vote BN.
12/04/2018 09:59
jordanmaggie61 What is going wrong with this counter?
12/04/2018 10:14
albert787378 you are mentally wrong .go see a doctor
12/04/2018 10:24
Top_30 "just be with me.. i believe i am one of the retailers with highest holdings in INIX."
12/04/2018 21:45
kelvin61 Great buy at this price. I hope to buy more if it gets cheaper. No more opportunities to buy so cheap in future once the turnaround comes. I think WC has been doing his best and things are looking up. For the doomsayers like ks55 and Joetay, you're wasting your time here. My advise, please move on to the stock that you owned. Share your thoughts with the followers of your stock. Not here, cheers.
13/04/2018 08:47
William_Cheng If RM 1(by GE) cannot get I will retrench some workers and let them blame the govn.
13/04/2018 11:32
dex Bila mau naik???
18/04/2018 06:39
tnang slow and steady??????uptrend now
18/04/2018 11:32
dex Slow macam siput
18/04/2018 12:11
abcde12345 perfect
18/04/2018 12:14
tnang slow slow, then jump
20/04/2018 09:35


 

111  249  513  1049 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 SAPNRG 0.775-0.015 
 KSTAR-WA 0.045-0.01 
 VIZIONE 0.1450.00 
 HIBISCS 0.92-0.02 
 KNM 0.220.00 
 SUMATEC 0.070.00 
 PUC 0.27+0.005 
 HIBISCS-WC 0.44-0.01 
 NEXGRAM 0.0650.00 
 UMWOG 0.295-0.005 

TOP ARTICLES

1. 大选投资笑到最后/麦传球 投资把麦●麦传球
2. [转贴] 五月九号后的“大好大坏” - 丘光耀博士 Good Articles to Share
3. Warrants Cheating Traders? O'Mighty Capital Articles Archive
4. OIL ....next target $110 ????? possibleee? read our analysis..... Bull and Bear
5. CIMB - MQ Research’s Top Pick KL Trader Investment Research Articles
Partners & Brokers