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Overview
Financial Highlight
Headlines
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.
  theidiotone just keep it for very short term, very soon to come to 0.30.. within few days time 30/12/2020 10:52 AM kelvin61 Improving RM vs USD forex will result in lower payment to their USD loan. Good recovery play for 2021. 31/12/2020 12:22 PM  Mabel Does anyone knows why this counter suddenly wake up? Expecting good upcoming quarter? 02/01/2021 12:16 AM Mabel Thank you viva! It operates retail stores in Malaysia, the People’s Republic of China, Vietnam, Myanmar, and Indonesia. In addition, the company is involved in the provision of property development and project management services; wholesale and retail trading services; consultancy and management services; business and marketing services in relation to department stores; and real estate consulting and management services. Parkson Holdings Berhad was incorporated in 1982 and is based in Kuala Lumpur will compliments Mabel Real Estates and Healthcare Body Shops Viva Parkson.. Meow Meow Meow 03/01/2021 10:57 PM Mabel Today Mabel collected another 4 tranches of Parkson. All baits were snapped while Mabel was enjoying beautiful weather at my Plantation. Aeon is already up , Bonia is up , Padini is also up. Parkson will be another Pandemic Recovery companies for 2021. Parkson operates retail stores in Malaysia, the People’s Republic of China, Vietnam, Myanmar, and Indonesia. Over the weekend, Jack gave Mabel a Fantastic Insight of China. He was very passionate about investing in China. Parkson China is currently doing well and it's helping the Group. In addition, Parkson owned subsidiary Parkson Retail Group Ltd has entered into an agreement with Hongxiang Real Estate Co Ltd to establish a joint venture to jointly locate suitable land resources within Jiaxing city of Zhejiang province in China for future development and construction of properties on such land resources. Forecast future growth of Retailing is 40.7%. For your information, Parkson's distribution channel compliments Mabel Innature Body Shops. Mabel Body Shop’s customer loyalty programme, Love Your Body™, has 298,999 active members in Malaysia and 43,352 active members in Vietnam. Love Your Body™ members contributed appropriately 71.0% of annual sales in Malaysia and 66.4% of annual sales in Vietnam.. Mabel loves potential turnaround companies as it usually gives the best capital appreciation over relatively short period of time. Parkson is forecasted to move back to profitability in 2021. So this will be another purrfect turnaround stories just like Mabel collection of Battleships. PARKSON is currently unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 33.2% per year. They have narrowed down their losses. Currently it is trading 98% below Fair Value, all thanks to the Pandemic. Thank you for selling... Meow Meow Meow Meow 04/01/2021 11:03 AM kelvin61 The current market is penny stock driven and syndicates have taken notice of Parkson's value over its extremely cheap valuation. This stock is being promoted as a recovery stock play. Many big players have taken a position here and the momentum is building up for an initial run to break 0.30 before CNY. Won't be surprised if it breaks 0.50 by end Feb 2021, cheers. 05/01/2021 10:23 PM kelvin61 The strong Yuan of late is an added boost to Parkson China. The last quarter of 2020 sales especially on 11.11, 12.12 and XMAS was probably very good in China, cheers. 05/01/2021 10:28 PM norza188 Best to collect and hold this counter... I collect again with profit i got from this counter before this... 07/01/2021 8:07 PM Mabel Ya really cheap sale... All my baits taken.. Thanks or selling Meow Meow Meow 08/01/2021 9:41 PM Woodswater https://pocketimes.sinchew.com.my/%e8%b4%a2%e7%bb%8fespresso-%e7%99%be%e7%9b%9b%e4%ba%8f%e6%8d%9f%e5%81%9c%e4%b8%9a-%e4%b8%9a%e4%b8%bb%e8%bf%bd%e6%94%b6%e5%8d%83%e4%b8%87%e7%a7%9f%e9%87%91/ Run b4 2late Wakakakaka 19/01/2021 11:47 AM c2k9791 Parkson vietnam is only contribute 1% of total revenue. Some more is making lost. Right decision was made by management to close down business in Vietnam... 22/01/2021 10:04 PM yoyo just like closed down loss making outlet at KLCC and Puchong is a wise move. 23/01/2021 12:27 PM  | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
