Highlights
KLSE : PARKSON       PARKSON HOLDINGS BHD Main : Trading&Services
Last Price Today's Change   Day's Range   Trading Volume
0.675   -0.01 (1.46%)  0.665 - 0.685  3,332,700
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Overview

Market Cap: 738 Million
NOSH: 1,093 Million
P/E | EY: -6.64  |  -15.06%
DY | Payout %: 0.00%  |  - %
NAPS | P/NAPS: 2.3381  |  0.29
Avg Volume (4 weeks):3,129,823
4 Weeks Range:0.62 - 0.735
52 Weeks Range:0.61 - 1.11
Average Price Target: 0.70
Price Target Upside/Downside: +0.025

Headlines

Latest Headlines
22/02/2017  Mplus Market Pulse - 22 Feb 2017
22/02/2017  Parkson Holdings Berhad - 1HFY17 Cushioned by One-Offs
22/02/2017  Parkson Holdings - China Same Store Sales Recovering
21/02/2017  Parkson Holdings Berhad - PRG Work in Progress
15/02/2017  PARKSON - The Bombed Out Stock by ECommerce WITH HIGH NET ASSETS. Now Unlocking Value (Calvin)
15/02/2017  PARKSON - PRA Still Weak
24/11/2016  Parkson (SELL, maintain) - A red beginning
24/11/2016  Parkson Holdings - Long Dark Tunnel
24/11/2016  Mplus Market Pulse - 24 Nov 2016
24/11/2016  PHB - Weak Performance From All Divisions
14/09/2016  脱售亏损资产.百盛前景仍崎岖
14/09/2016  Parkson Holdings - Divesting A Subsidiary For RM1.4bn
14/09/2016  PARKSON HOLDINGS BERHAD - Disposal Of China Subsidiary
29/08/2016  成本高涨.竞争加剧.百盛难转亏为盈
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  8 people like this.
 
John Lu Holland stock...what is the next story? Pui...lousy management

Only sochai calvin can buy
22/02/2017 10:20
yucaihacai kenanga and public analyst already upgrade the target price for parkson. ks55, dun diam diam
22/02/2017 10:48
yucaihacai PRGL up so much today and yesterday. means not so bad as ur 想像
22/02/2017 11:14
Stanley Hong Pls don't up so fast, I want to collect more next months, this month i bought 11 Lots avg@0.675.. Now I only hold 2 stocks, Parkson and Vivocom.
22/02/2017 11:23
luckycharm collect collect :)
22/02/2017 12:31
younginvestor92 lol lose more money still collect
22/02/2017 12:50
lkoky sold all yest @0.715
>10% return in one week, tq parkson.
22/02/2017 14:06
contrarian PRGL still moving up perhaps to HKD 2 by year end? Parkson should follow soon.
22/02/2017 14:08
Stanley Hong Parkson 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
22/02/2017 14:23
traderman better sell, a sinking stock ... sink with calcin
22/02/2017 14:55
xiaoxin22 After Padini and Aeon, I believed next will be Parkson. wait and see this few days......... :)
22/02/2017 15:01
traderman you said like parkson is a newly form company

because of padini and aeon, parkson become a sinking ship
22/02/2017 15:02
luckycharm Everbody 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
22/02/2017 15:02
Good_News Kenanga TP 88 sen.
http://klse.i3investor.com/servlets/ptres/39348.jsp
22/02/2017 20:57
Good_News Parkson Holdings - China Same Store Sales Recovering
Date: 22/02/2017

Source : KENANGA
Stock : PARKSON Price Target : 0.88 | Price Call : BUY
Last Price : 0.695 | Upside/Downside : +0.185 (26.62%)

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
22/02/2017 20:58
yucaihacai i am ready to buy 62.5 sen.
ks55 big talk, you slow slow wait till 50 sen of your TP lah
22/02/2017 22:01
hklcheng now 69.5, with good news, u said wil dpwn to 62.5?
22/02/2017 23:49
speakup Aeon Big closing down 4 stores due to poor sales.
So how Parkson?
23/02/2017 11:50
goldenluck16 Invest your money in other counters...wasting time and money in this never ending losing counter.
23/02/2017 11:54
speakup ok boss!
23/02/2017 12:01
cheated speakup you got hear remisermeh? Your earlier post said your remiser said something in Redtone. Parkson remiser here is Kenanga.
23/02/2017 12:15
Speaking_up Everyone 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
23/02/2017 12:25
Speaking_up 62.5-63 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?
23/02/2017 12:34
luckycharm I 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...
23/02/2017 12:44
newbie66 luckycharm 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.
23/02/2017 13:26
Stanley Hong Parkson 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..
23/02/2017 16:11
Speaking_up Something wrong in Bursa. PRGL and PRA both up today.
https://www.bloomberg.com/quote/3368:HK
https://www.bloomberg.com/quote/PRA:SP
23/02/2017 16:27
luckycharm ks55 u vry pandai i just back from HOLLAND AMSTERDAM...hahaha
23/02/2017 16:39
Speaking_up Should 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
23/02/2017 16:59
luckycharm Newbie66 this guy quite funny...let him be lah ...ks55 i tell u dont fck me ...coz not gay ah...hehehe
23/02/2017 18:55
Penti_MM Don'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.
23/02/2017 19:59
Penti_MM You 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...
23/02/2017 20:06
Penti_MM No 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.
23/02/2017 20:10
TheContrarian What 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
23/02/2017 20:17
Penti_MM It 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.
23/02/2017 21:01
Penti_MM If 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.
23/02/2017 21:05
Penti_MM Surely 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.
23/02/2017 21:15
Penti_MM ks55 Stock: [PARKSON]: PARKSON HOLDINGS BHD
Jun 22, 2016 04:18 PM | Report Abuse

2016年5月03日, 鍾廷森接受《The Edge財經日報》專訪時,不否認公司股價受打壓
为什么受打壓? 他不敢解释

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,
23/02/2017 21:37
Penti_MM 08217 聯旺集團 today closed price HK$14.18, cap. size 14.18 Billions

  至2016年12月31日止      至2016年3月31日止
(千元)          (九個月)     變動(%)    (全年度)     變動(%)
------------------------------------------------
營業額           507﹐181    1﹒6倍    315﹐004   15﹒8
除稅前溢利          27﹐039    3﹒3倍     12﹐061  -44﹒4
股東應佔溢利         21﹐670    4﹒6倍      8﹐391  -53﹒6
-------------------------------------------




03311 中國建築國際 today closed price HK$13.2, cap. size 59.6 Billions

   至2016年6月30日止      至2015年12月31日止
(千元)          (六個月)     變動(%)   (全年度)      變動(%)
------------------------------------------------
營業額        18﹐845﹐053   10﹒7  37﹐913﹐159   10﹒1
除稅前溢利       2﹐676﹐523   20﹒2   4﹐756﹐155   17﹒5
股東應佔溢利      2﹐253﹐309   20﹒4   4﹐153﹐072   20﹒1
-------------------------------------------

01919 中遠海控 today closed HK$3.87, cap size 10.142 Billions

              至2016年6月30日止      至2015年12月31日止
(千元;人民幣)      (六個月)     變動(%)   (全年度)      變動(%)
------------------------------------------------
營業額*        29﹐628﹐964   2﹒6  57﹐403﹐934  -14﹒2
除稅前溢利/(虧損)* (3﹐381﹐185)   -    1﹐755﹐805    2﹒5倍
股東應佔溢利/(虧損) (7﹐209﹐177)   -      283﹐391  -21﹒8
-------------------------------------------
23/02/2017 21:54
Penti_MM Can 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.
23/02/2017 22:13
Penti_MM There 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....
23/02/2017 22:21
Penti_MM Oh 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.
23/02/2017 22:33
Penti_MM U 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
23/02/2017 22:47
Penti_MM Will 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....
23/02/2017 23:01
luckycharm Penti _MM well said...give u a thumbsup!
24/02/2017 07:48
lion188 Lion Ind finally make money. Lion Ind the last WC stable group to buy Parkson at 75 sen.
24/02/2017 09:00
luckycharm 0.675 makan sikit dulu...
24/02/2017 09:53
rainbowyen sleep for another 10~20 years.....parkson need makeover like padini....
24/02/2017 15:40
moneykj Wayang sudah habis.
25/02/2017 13:10
Stanley Hong next month is coming, my salary out soon.. wanna collect another 6 Lots ... good price to collect at the moment. Pls don't up so fast...
25/02/2017 15:04


 

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