Parkson Holdings Berhad is a Malaysia-based investment holding company. The Company, along with its subsidiaries, is principally engaged in the operations of the Parkson brand department stores. The businesses are located in the People's Republic of China, Malaysia and Vietnam. The Company has a chain of 85 Parkson department stores, with 35 in Malaysia, 44 in China and 6 in Vietnam. In July 2011, it acquired Puncak Pelita Sdn Bhd. In November 2011, the Company announced that Tianjin Parkson Shopping Mall Co. Ltd acquired the land of a shopping complex located at the northeast corner of Nanmenwai Street and Shenyi Street, Heping District, Tianjin City, the People's Republic of China, which consists of a five storey building with a land area of approximately 13,424.6 square meters and total gross floor area of about 45,022.15 square meters.
calvintanengYes. While the retail holders are selling. S'pore GIC continue to provide support. And Parkson own share buy back has weakened to just RM2.73 to RM2.74.
This is a clear opportunity to buy low (if it should suddenly dip a lot) and then sell back to Parkson on share buy back. Interesting game here. But only danger is if Parkson don't buy upward - then you are caught!
I think there are better supported shares that will go up on its own merit. As I said Jaks will be in play if Water Project is Awarded Soon.
calvintanengWOW! So Good! Whole Day .Traded at RM2.71. Last Minute Share Buy Back Pushed Up All The Way To RM2.79. If You Park At RM2.71 or RM2.72 to buy earlier in the day. Then At The Closing Park Higher at RM2.78 to RM2.79 You Will Sell Back To Company. The Company Is Like A Father Taking Care of His Son.
No Wonder The Name Is Call "PARK SON"
calvintanengFantastic 2,100,000 Shares All Buy Back at RM2.79! Check it out!
benson911Almost everyday share buy back....dont knw until when...
Leeskwhen parkson share start to move up, then the share buy back will stop. the big question is when?