lkokysold all yest @0.715 >10% return in one week, tq parkson.
contrarianPRGL still moving up perhaps to HKD 2 by year end? Parkson should follow soon.
Stanley HongParkson is Blue Chip Stock, with this level of price, consider very cheap. If one day management change, Parkson will fly high in the sky. I will continue collect next month. Airasia hutang billion of dollars also at this price, but Parkson no hutang at all. NTA still 2 ringgit and above. if the land Parkson own recalculate, NTA will be 3 ringgit and above
tradermanbetter sell, a sinking stock ... sink with calcin
xiaoxin22After Padini and Aeon, I believed next will be Parkson. wait and see this few days......... :)
tradermanyou said like parkson is a newly form company
because of padini and aeon, parkson become a sinking ship
luckycharmEverbody got different view... Some say sell some say buy.. some say hold ...anyway parkson i give u time to adjust.....my childhood shopping centre...haha
Good_NewsKenanga TP 88 sen. http://klse.i3investor.com/servlets/ptres/39348.jsp
Good_NewsParkson Holdings - China Same Store Sales Recovering Date: 22/02/2017
1H17 core LATAMI widened to RM129.9m compared to the core loss of RM60.3m in 1H16. We consider the results to be within our expectation on a better 2H17 as China is showing positive signs of recovery with its first positive same-store-sales growth after recording negative growth over the past several quarters. Upgrade to OUTPERFORM from UNDERPERFORM. Our target price is raised from RM0.70 to RM0.88 as we impute higher target prices for both its listed operating units.
Result Highlights. QoQ, 2Q17 revenue rose strongly by 19%, thanks to its China operations recording its first positive quarterly same-store-sales growth (SSSG) (+1.4% vs. -7.3% in 1Q17) after declining for several quarters and Malaysia (+4.2% vs -6.6% in 1Q17). The positive growth from China and Malaysia more than offset the weaker performance in Vietnam (- 11.3 vs. -10.3% vs in 2Q17), Myanmar (-29.5% vs. -28.2% in 1Q17) and Indonesia (-11.3% vs. -13.1% in 1Q17). The weakness in Vietnam continued due to competitive pressure and the shutting down of nonperforming store. Indonesian operations were impacted by disturbances caused by demonstrations against the Governor of the capital city during the quarter. However, start-up losses and higher depreciations that were incurred for new stores, where sales are lower at the initial stage of operations, resulted in 2Q17 core net losses of RM67.3m (excluding one-off impairment losses on goodwill, property and receivables amounting to RM190m and stripping out gains from disposal of a subsidiary at approximately RM330m) compared to RM62.6m in 1Q17.
YTD, 1H17 revenue fell 2% mitigated by narrowing negative SSSG in China due to its transformational strategies undertaken, which are bearing fruits. SSSG rates across the board were mixed including Malaysia (-1% compared to 1H16 of -11%), Vietnam (-11% vs. -2% in 1H16), Indonesia (- 8% vs. +6% in 1H16). However, Parkson 1H17 losses widened to RM129.9m after stripping out: (i) gain from disposal of a subsidiary amounting to RM330m, and (ii) impairment loss on intangible assets and receivable (RM190m) compared to a loss of RM60.3m in 1H16 and start-up losses at some stores in China.
Outlook. The Group is focused on delivering its transformational strategies closely aligning with the evolving retail markets, which include: (i) enriching its retail format and expanding its product and services offerings, (ii) optimising store effectiveness and efficiency, and (iii) enhancing cross platform experience for its customers. Specifically, the first Parkson Newcore Citymall was officially opened in January 2016 in Shanghai, which offers value for money products in a vibrant, energetic and innovative shopping environment. Sales of this Korean-themed outlet increased visibly in 2016 compared to the year before. Building on the success of this Korean-themed outlet and the joint venture with E•Land Group, the Group is targeting to open a second Parkson Newcore Citymall in Nanchang during 1H 2017. In June 2016, the Group achieved a milestone with the grand opening of the 230,000 sqm Qingdao Lion Mall, signifying the Group’s move into the shopping mall segment in China.
Our target price is raised from RM0.70 to RM0.88 as we impute higher target prices for both its listed operating units (Hong Kong-listed Parkson Retail Group Limited and Singapore-listed Parkson Retail Asia Limited) on the back of a better trading sentiment. Upgrade to OUTPERFORM from UNDERPERFORM.
Source: Kenanga Research - 22 Feb 2017
yucaihacaii am ready to buy 62.5 sen. ks55 big talk, you slow slow wait till 50 sen of your TP lah
hklchengnow 69.5, with good news, u said wil dpwn to 62.5?
speakupAeon Big closing down 4 stores due to poor sales. So how Parkson?
goldenluck16Invest your money in other counters...wasting time and money in this never ending losing counter.
cheatedspeakup you got hear remisermeh? Your earlier post said your remiser said something in Redtone. Parkson remiser here is Kenanga.
Speaking_upEveryone check whether true at 5.00 pm today. So you can check how reliable is ks55.
ks55 Tomorrow will test 62.5 sen. Those who refuse to accept the fact tomorrow will cry with no tear...... 22/02/2017 21:02
Speaking_up62.5-63 sen nobody want to buy. Now 69 sen also many still talk negative. When jump to 75-80 sen rebut-rebut beli? Who is smarter and who is dumb?
luckycharmI also beh tahan this ks55 got abit mental problem...u tak ada beli...but like to tiu tiu parkson buat apa.. ppl punya wang mau tengelam let them be lah....if no buyer and seller how to play in stock market...
newbie66luckycharm I support you ks55 got mental problem. Normally people in i3 posts to promote a ctr. You can see all ctrs are like that. This ks55 don't own a single ctr yet keep talking here. Only mental people do that. I can say so even I am newbie here.
Stanley HongParkson is one of the oldest shopping mall in Malaysia. Can stand still for more than 30 yrs, I have fate with Parkson, I will keep buying no matter what news. Next month i will collect more. This month money finish already. This month i bought 11 Lots..
Speaking_upSomething wrong in Bursa. PRGL and PRA both up today. https://www.bloomberg.com/quote/3368:HK https://www.bloomberg.com/quote/PRA:SP
luckycharmks55 u vry pandai i just back from HOLLAND AMSTERDAM...hahaha
Speaking_upShould ask Parkson to reward PRGL shares like CIMB reward CIMB Indonesia share.
Something wrong in Bursa. PRGL and PRA both up today. https://www.bloomberg.com/quote/3368:HK https://www.bloomberg.com/quote/PRA:SP
luckycharmNewbie66 this guy quite funny...let him be lah ...ks55 i tell u dont fck me ...coz not gay ah...hehehe
Penti_MMDon't be so sure for Parkson is sunset, as WC really don't want to continuous run Parkson, he can announce to sell all the PRGL to second major shareholder "GOLDEN EAGLE" with reasonable price... also he can alliance with "Alibaba to do O2O in Malaysia.. as Parkson still one of the biggest shopping mall proportion in the Malaysia's market... it depends how he treat on it.
Penti_MMYou never know what will it be in the future.. but you only need to know is that, you believe the share is reasonable for your predictable price than you can go have a try on it.
Share Market is gamble table.... everyone know what they buying for.... and no one request here to question what price should buy for Parkson...
This forums is opening to share what people feel for Parkson and not for someone yelling and point out the negative side...
Penti_MMNo one blame for lossing money to buy "parkson's share" but don't know why someone have very big impact or reaction for those already bought it. I only can say, I really agree upon, he may have mental problem.
TheContrarianWhat Penti is saying is there's limited downside but great potential upside. Share investing is taking calculated risk. Lion Industries Bhd has just released a good set of QR. The whole Lion Group is now on much better footing
Penti_MMIt depend who collect the company's share, if the share collector like fund house "Prudential plc", then the share will downside but if the collector like private banker "Citigroup", then it will high fly like rocket.... it is obvious shown on PRGL stock.
I'm sure that the lion mall will be revaluation more , as the subway M2 will be open on 3Q of this year and also there will be more commercial building and 5 stars hotel build in there. Most people in that areas were mid-class and willing to spend. Also Parkson become lessor for lion mall, the only thing need to concern is attract more famous brand to enter.
Penti_MMIf the global economy really start recovery in the coming years, then no matter what kind of stock you hold, it is insane and abnormal for share market.. No matter how bad of the company running.. it still fly high like rocket.
Penti_MMSurely it will more regulation for internet online shopping and the costing will be rise as well. So don't be so sure one day people will back to shop in mall. For B&F surely people willing to go to restaurant rather than order some unknown cheap food to delivery at home... Modern century, people care about good health life. Parkson is willing to create and develop some new business for itself to survive, WC want to keep the brand and not to do "cheap cheap" to sell the cheap product against taobao.
Penti_MMks55 Stock: [PARKSON]: PARKSON HOLDINGS BHD Jun 22, 2016 04:18 PM | Report Abuse
1. Parkson lost 36m Q3. Net lost attributed to share holder 25.5m Maju Junction 3 month loss 5m, 6 months loss 11m. So total losses from Maju Junction (only 9 months) is estimated to be 15m for FYE2016
All of it is history, the management already know the internal problem for the group, just like the 2000 Dot-com_bubble, 2006 - financial crisis... so on
Can you prevent and predict it... but look at the global world, USA already recovery and back to right track, follow euro zone, it start to recovery so like the golden idiom : Success Always Starts With Failure, after learn this lesson, Parkson management will start to running the business carefully,
Penti_MMCan you tell what these three shares meaning for......
Firstly, 08217 聯旺集團 is only got a small lending office and no real asset. it only have merely profit for 2016, but the capital size can over 01919 中遠海控, the biggest shipping company in china.
Secondly compare with the leading company for that industry is 03311 中國建築國際, the profit have more than 100 times than 08217 聯旺集團, but the share price is lower than 08217.
Lastly, 01919 中遠海控 have big loss compare with last year financial report, but after fund management recommend the worse time is over. the share price hit to 52 weeks high.. sort of the industries for steel and Nonferrous Metal, the supplies and demand chain is changing...
Conclusion that, share price is depend on who is collector, whatever the industries is toward to sunset or how bad the company running for the business. The share price still fly high like rocket.
Penti_MMThere is no fundamental and no calculation for stock... don't say people newbie to buy share in here. Maybe newbie just need luck to pick the right stock to be millionaire.
If poeple like ks55 that he think he is smart.. then 2006 financial crisis will not be happened. Because all the loser in financial crisis were those smart fund manager, analyst, broker and banker. hahahaha....
Penti_MMOh my god.... did you read the upon forums post by PublicInvest Research Author: PublicInvest | Latest post: Thu, 23 Feb 2017, 10:04 AM
China operations’ 1HFY17 revenue declined by 4.5%, though same store sales growth (SSSG) rebounded to +1.4% in 2QFY17 from -7% in 1QFY17. The segment reported operating loss of RM85.2m for 1HFY17, due to lower revenue coupled with high costs from its new business ventures and new stores in this transformation period. In the near term, we expect market landscape to remain challenging amidst stiff competition within the region, though we do look forward to improvement from its transformation efforts in the longer term. Southeast Asia segments. For 1HFY17, Parkson saw its revenue increased in Malaysia (+8.2% YoY) and Indonesia (3.7% YoY) while Vietnam & Myanmar’s sales declined by 8.4% YoY, mainly due to challenging retail environment and stiff competition in Vietnam. At operating level, only Malaysia recorded 1HFY17 operating profit of RM1.9m (-93.6% YoY), while other regions reported losses. Losses incurred by new stores in gestation period continue affecting overall operations, while Indonesia operations were also affected by less festive buying days due to the shift in Hari Raya celebration and disturbances caused by demonstrations in Jakarta. We expect the segment’s performance to remain subdued, as margins continue to be squeezed by existing and new businesses’ costs.
Penti_MMU only count for your eyes and not seem the whole picture and common from the other expert.
As I said you still falling in the old day.... only focus on previous years result
Inside your eyes only pick the negative side and no positive side for Parkson. Stubborn characteristic, one time doing bad ..... there will be no turning for you to think it positive. whatever how hard the management do, you still think they are doing wrong and bad. 23/02/2017 22:43
Penti_MMWill you rental the lion mall with no decoration to lease to lessee ??? Don't need to make advertising and promotion attract people coming to visit or lease ???
Closing down department store don't need to pay the severance payment and long service payment to employee ?? The cost for goodwill lost for royalty ???
Rental and open new supermarket were no costing ??? Decoration and employ new staffs ??
As you said, those costing were not court on it...
Parkson lost 152.1m for latest 3 month is net loss for running business......Kid running business and kindergarten maths.... all the cost were pay by parents and it is no cost to clean up the mess for closing business.. hahaha....
luckycharmPenti _MM well said...give u a thumbsup!
lion188Lion Ind finally make money. Lion Ind the last WC stable group to buy Parkson at 75 sen.