Last Price Today's Change   Day's Range   Trading Volume
1.02   0.00 (0.00%)  1.00 - 1.02  385,000
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Board:Main Market
Avg Volume (4 weeks):1,331,926
4 Weeks Range:1.00 - 1.35
52 Weeks Range:1.00 - 3.16
Average Price Target:2.02
Price Target Upside/Downside:+1.00
View Price Target Detail


Latest Headlines
27/08/2015  Parkson Holdings - 4Q15 Hit By One-off Provision
27/08/2015  Parkson - One-Off Distortions
20/08/2015  PublicInvest Research Headlines - 20 Aug 2015
18/08/2015  Parkson: Special dividend of RM0.10/share for PHB’s shareholders
18/08/2015  PublicInvest Research Headlines - 18 Aug 2015
16/07/2015  PublicInvest Research Headlines - 16 Jul 2015
16/07/2015  PARKSON HOLDINGS - Undergoing internal group reorganisation
16/07/2015  Parkson - Earnings Dilution from Divestment of 67.6% stake in Parkson Retail to Parkson China
10/07/2015  中馬消費稅利空‧百盛展望謹慎
17/06/2015  售越南臂膀止血‧百盛影響不大
17/06/2015  Parkson - Disposal of 30% Stake in Parkson Hanoi
15/06/2015  百盛应加强程序防租约纠纷
05/06/2015  Daily Trading Idea - PARKSON – MYR1.89 TAKE PROFIT (TECHNICAL)
29/05/2015  Parkson - Boosted By Pre-GST Buying
28/05/2015  Parkson Holdings - Smaller SSSG contraction in China BUY
28/05/2015  Parkson - 3QFY15 Brighter
28/05/2015  Parkson Holdings - 3Q15 Hit By One-off Provision
15/05/2015  Parkson Holdings - Significant SSSG improvement for Malaysia BUY
05/05/2015  Parkson: Stepping into theme parks
09/04/2015  Parkson Holding - Brand building phase BUY
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  6 people like this.
angelinaloke Bought @1.05
28/08/2015 22:38
AdCool Parkson has dropped from RM4.70 back in Aug 2012 and now is trading at RM1.05 with first ever loss reported in its financial results and yet you guys still wanna support while what WC did was just to save his own ass and not about the company. What did you all see in PHB that I failed to see? Just because it's cheap?
29/08/2015 00:30
ks55 WC never use a single sen of his own money to support PHB share price. Probably he has no more money to carry out such operation.

Instead of share buy back with his own money or ah kong's (PHB) money, now he turns to LICB to buy PHB. So far LICB bought 4m PHB share through 100% owned AMSTEEL MILLS SDN BHD. http://www.bursamalaysia.com/market/listed-companies/company-announcements/4849957

Please take note LICB has just reported total loss of 252.6m for FYE Jun 2015. You should take further note that 644,217,000 of trade receivables from Megasteel and Lion DRI still classified as trade receivables without any impairment from full year FYE Jun 2015 of LICB report. These receivables can never be recovered and thus cause financial strain in LICB cash flow.

So do you think LICB is in position to buy more PHB shares in open market?
LICB is also has to buy back its own share to prevent its share price fall to 20 sen (lowest 22 sen before share buy back by LICB itself).


Extract from Annual Report LCIB FYE 2014

The aggregate value of transactions conducted during the financial year ended 30 June 2014 were as follows:

Sale of scrap iron, steel bars, wire rods, hot briquetted iron, billets and other related products to:
1. Lion Corporation Berhad Group (“LCB Group”) 650,661,000
2. Lion Diversified Holdings Berhad Group 59,672,000

Trade receivables The Group 2014
Non-Current Trade receivables 644,217,000
Less: Accumulated impairment losses (294,332,000)
Net 349,885,000
Current Trade receivables 344,514,000
Less: Accumulated impairment losses (23,170,000)
Net 321,344,000

Total trade receivables 671,229,000

Trade receivables from related party as of 30 June 2014,
Megasteel 562,732,000
Lion DRI 81,485,000
Total 644,217,000

Past due but not yet impaired:
Megasteel 298,164,000
Lion DRI 40,532,000
Total 338,696,000

So how much should be written off for FYE Jun 2015, take into consideration Lion Corp business has deteriorating much faster than 2014. Megasteel is a subsidiary of Lion Corp.
Goodwill (130,443,000) has been allocated to the steel operations of the Group and has not been impaired. Why not impaired? ##################
30/08/2015 00:35
uzi440 bloody imbeciles. for so long do buybacks instead of addressing structural business issues. what golden fools. have to have a special award for such business idiots. Tony F of AirAsia fame can compete also.
30/08/2015 00:42
ks55 Having reason to believe PHB will breach 1.00 today. After which should attract forced selling and further depress PHB share to 90 sen.

Please don't respond if I don't know you. I like to syok-syok sendiri.
01/09/2015 10:45
hng33 Bought Parkson at 1.02
01/09/2015 11:28
ks55 Look like to dress up to 1.06, LICB has to buy up at least 1m at 1650hr.
Is it possible for today?
01/09/2015 15:46
ks55 Believe forced selling has commenced from now on.
01/09/2015 16:24
hng33 Sold back at 1.02, realize transaction cost loss :(
01/09/2015 17:03
Parkson William Cheng has bought at much higher price recently. Those who want to sell cheap can WC afford to buy more?
01/09/2015 22:28


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