Highlights
KLSE: PARKSON (5657)       PARKSON HOLDINGS BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
0.135   0.00 (0.00%)  0.135 - 0.15  46,992,400
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Overview

Market Cap: 148 Million
NOSH: 1,094 Million
Avg Volume (4 weeks):54,969,820
4 Weeks Range:0.105 - 0.175
4 Weeks Price Volatility (%):
42.86%
52 Weeks Range:0.065 - 0.30
52 Weeks Price Volatility (%):
29.79%
Average Price Target: 0.27
Price Target Upside/Downside: +0.135
Stamp duty exempted for year 2020

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2020 [#4]  |  27-Aug-2020
Next QR | Est. Ann. Date: 30-Sep-2020  |  27-Nov-2020
T4Q P/E | EY: -0.35  |  -289.33%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 1.4536  |  0.09
T4Q NP Margin | ROE: -18.92%  |  -26.87%

Headlines

Date Subject
19-Oct-2020 Mplus Market Pulse - 19 Oct 2020
15-Sep-2020 [转贴] [Video:浅谈PARKSON HOLDINGS BHD, PARKSON, 5657] - James的股票投资James Share Investing
14-Sep-2020 Evening Market Summary - 14 Sept 2020
30-Jul-2020 Mplus Market Pulse - 30 Jul 2020
28-Jul-2020 PublicInvest Research Headlines - 28 Jul 2020
28-Jul-2020 Mplus Market Pulse - 28 Jul 2020
02-Jun-2020 Mplus Market Pulse - 2 Jun 2020
03-May-2020 谈谈百货公司板块股票 - 百盛 & 永旺 Departmental Store - Parkson & Aeon - 陈剑
28-Apr-2020 PublicInvest Research Headlines - 28 Apr 2020
28-Apr-2020 Mplus Market Pulse - 28 Apr 2020
27-Feb-2020 Parkson Holdings - 1HFY20 Sinks Deeper; Cease Coverage
03-Jan-2020 Consumer - It’s Safe Here
31-Dec-2019 Mplus Market Pulse - Beware of Profit-Taking
27-Dec-2019 Mplus Market Pulse - 27 Dec 2019
27-Dec-2019 PublicInvest Research Headlines - 27 Dec 2019
04-Dec-2019 PublicInvest Research Headlines - 4 Dec 2019
04-Dec-2019 Mplus Market Pulse - 4 Dec 2019
28-Nov-2019 Parkson Holdings Bhd - Seasonally Weakest Quarter
26-Nov-2019 零售业挑战大‧百盛不断调整策略
23-Oct-2019 PublicInvest Research Headlines - 23 Oct 2019

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.
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  13 people like this.
 
ks55 Stock: [PARKSON]: PARKSON HOLDINGS BHD

Jul 6, 2017 2:53 PM | Report Abuse

Parkson is a good case study.
It is drifting downwards without any support level, everyday low just like Tesco slogan.

You know characteristics of drifting counter?
Unless sudden sharp fall with a surge in volume (associated with forced selling), or WC step down, or WC decide to sell all PRGL assets, or PRA sold to third party, or engaging external management consultant like Mc Kinsey to have organization restructuring, share price will drift downwards everyday.

Why not WC using internal management team to conduct organization restructuring?
Reasons:
1. Interference from WC.
2. Internal management teams are paid peanuts, so all are monkeys. Monkeys can only run monkey business.
3. Management consultants will be made accessible to all business entities within the group. What asset to dispose off, what asset to merge, how to cut operating cost, how to improve cash flow via fresh capital infusion, which dead wood to be removed, how to enforce and strengthen company policy statements, how to make CEO responsible and accountable, how to down size and optimization.
4. Management consultants will just make recommendations.
They will have lesser consideration on one off losses, but more on turn around.
Implementation all depends on will and wisdom of WC.
5. WC should place more trust on external expert recommendation, rather than seeking advice from his internal management team (all monkeys because paid with peanuts). Monkeys cannot give creative and innovative business direction. They just follow typical business model from book.
15/10/2020 8:28 PM
adamsmith how about close all parkson, sell all property particularly in china as their valuation still years ago, then WC take private ???
15/10/2020 8:56 PM
Kabana1956 In the nutshell, stay away lo. Invest your hard earned money in other counters :D
16/10/2020 2:09 AM
chanph JV announcement???
16/10/2020 8:55 AM
Hidup_PN OTHERS Announcement by Parkson Retail Group Limited - Major Transaction: Formation of Joint Venture
PARKSON HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description Announcement by Parkson Retail Group Limited - Major Transaction: Formation of Joint Venture
We attach herewith the announcement made to The Stock Exchange of Hong Kong Limited ("The HKEx") on 16 October 2020 by Parkson Retail Group Limited ("PRGL"), a 54.97% owned subsidiary of the Company listed on The HKEx, in relation to the major transaction on the formation of a joint venture.

On 16 October 2020, PRGL had announced that Shanghai Shengrui Commercial Management Co., Ltd., an indirect wholly-owned subsidiary of PRGL, and Hongxiang Real Estate Co., Ltd., a wholly-owned subsidiary of Hongxiang Holding Group Co., Ltd., had on 15 October 2020 entered into a joint venture cooperation agreement ("Joint Venture Cooperation Agreement") to establish the joint venture to jointly locate suitable land resources within Jiaxing City of Zhejiang Province in the People's Republic of China for future development and construction of properties on such land resources ("Joint Venture").

As one or more of the applicable percentage ratios in respect of the consideration under the Joint Venture Cooperation Agreement are more than 25% but all of such ratios are less than 100%, the entering into the Joint Venture Cooperation Agreement constitutes a major transaction of PRGL under Chapter 14 of the Rules Governing the Listing of Securities on The HKEx ("Listing Rules") and is therefore subject to announcement, circular and shareholders' approval requirements under Chapter 14 of the Listing Rules. In this regard, the written approval of certain shareholders interested in an aggregate of 1,448,270,000 ordinary shares of HK$0.02 each, representing approximately 54.97% of the total number of issued shares of PRGL, has been accepted in lieu of holding a general meeting of PRGL pursuant to Rule 14.44 of the Listing Rules.

The formation of the Joint Venture does not have a material impact on the earnings of the Group for the financial year ending 30 June 2021 and the net assets of the Group based on the audited consolidated statement of financial position of the Company as at 30 June 2020.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3096776
16/10/2020 9:00 AM
speakup Parkson suspended cos going to announce Parkson Gloves
Look at Mah Sing today..... fly cos venturing into Mah Sing Gloves
Parkson Gloves is coming, not a dream
16/10/2020 9:34 AM
StarDust is JV good? Suspended for how long?
16/10/2020 9:38 AM
adamsmith development and construction of commercial and residential
complexes in china
16/10/2020 9:42 AM
adamsmith Date
15 October 2020
Parties
(a) Shanghai Shengrui; and
(b) Hongxiang Real Estate.
The ultimate beneficial owners of Hongxiang Real Estate are Yao Yueliang, Yao Weibing
and Song Chengmei. To the best knowledge and belief of the Directors having made all
reasonable enquiries, Hongxiang Real Estate and its ultimate beneficial owner(s) are
third parties independent of, and not connected with, the Company and its connected
persons (as defined under the Listing Rules).
Purpose for the formation and business scope of the Joint Venture
Shanghai Shengrui and Hongxiang Real Estate intend to jointly locate suitable
land resources within Jiaxing City of Zhejiang Province in the PRC for the future
development and construction of properties on such land resources. They intend to
acquire the land use rights of plots of land to be used for (a) commercial and residential
purposes, which include the development and construction of commercial and residential
complexes; and (b) commercial and retail purposes, which include the development and
construction of commercial shopping centres, located in the aforementioned area.
Capital commitments
Pursuant to the Joint Venture Cooperation Agreement, the parties will initially make
a total contribution of an amount of RMB1,550,000,000, in which Shanghai Shengrui
will make capital contribution of an amount of RMB450,000,000 by cash and by way
of shareholder’s loan, and Hongxiang Real Estate will make capital contribution of an
amount of RMB1,100,000,000 by cash and by way of shareholder’s loan.
16/10/2020 9:45 AM
wehcant WTF, Parksong venturing into glove also???
16/10/2020 10:04 AM
Alfonso JOM park-glove
16/10/2020 10:06 AM
Warren_Buffett88 tp 0.3...go go go...
16/10/2020 10:10 AM
speakup Parkson gloves up 17% not as hot as Mah Sing gloves
Parkson need to improve their "Goreng" marketing
16/10/2020 10:11 AM
xuxu unlimited throwing 0.165 who clapped ?? hehe
16/10/2020 10:11 AM
speakup heard Parkson signed 4 agreements recently with suppliers of nitrile butadiene rubber and later rubber
16/10/2020 10:13 AM
speakup Parkson expects phase 1 with 8 production lives to see production of 2 billion gloves
16/10/2020 10:15 AM
speakup heard Parkson has a few prospective customers already lined up to take up their entire production in phase 1
16/10/2020 10:16 AM
speakup phase 2 Parkson will increase another 8 production lines to produce a combined total of 4 billion gloves
16/10/2020 10:17 AM
speakup insiders with privileged info on parkson gloves accumulating parkson that's why up 10% now
16/10/2020 10:23 AM
xuxu parkson tipu org lagi.
16/10/2020 10:27 AM
adamsmith forget gloves , parkson properties in china is in very good location and the valuation is years ago. now they start stepping into property development
16/10/2020 10:29 AM
wehcant Announcement didn't mention about venturing into gloves. Don't fall into the trap.
16/10/2020 10:31 AM
investorbat venturing into property is good,finally make some move from retailing ,maybe the news made parkson shot to 0.30 last month,some insider knew it,otherwise i could not find any reason with huge volume to 0.30
16/10/2020 10:40 AM
investorbat not surprise to see back above 0.30
16/10/2020 10:42 AM
adamsmith could be wc collecting and later take it private....
16/10/2020 10:42 AM
speakup wc taking parkson private
then relist as parkson glove
16/10/2020 10:46 AM
Jeffreyteck Always good to have hopes like PH.
16/10/2020 10:55 AM
CheeseHunter The future is bleak. Those who still holding this should just let go.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3096766
16/10/2020 12:02 PM
Lam LH the best option is padini or aeon takeover parkson.
16/10/2020 12:06 PM
zonedfler CheeseHunter bursa is a psycho market. Don’t worry, PN17 companies stocks also can limit up
16/10/2020 1:13 PM
Johnborne Cheapest property development share company lol
16/10/2020 3:00 PM
CheeseHunter @zonedfler well, fingers crossed?
16/10/2020 4:55 PM
Amirman8271 Just hold on what u believe.. some negative thought only want you to throw at cheapest price
16/10/2020 7:34 PM
newstep based on the news, this counter should be active but why is it dead.. like not moving at all
any expert here to advice?
19/10/2020 11:37 AM
Change_ drop bec politics news more? Anwar WC supporter cannot be PM behind drop?
19/10/2020 12:33 PM
speakup how come Mahsing Gloves can up so much but Parkson Gloves cannot up?
19/10/2020 5:33 PM
zonedfler MahSing is for sure pump and dump counter. Just wait and watch
19/10/2020 5:41 PM
j11an9 U keep talking about parson gloves.. Ru for real or just trolling...
19/10/2020 7:25 PM
Silly_money parkson glove is the real deal. just wait for it.
19/10/2020 8:30 PM
harry_7 announcement out jor woo...
19/10/2020 10:24 PM
j11an9 https://www.parkson.com.tw/BodyProtection/Gloves

There u go lol
19/10/2020 10:39 PM
onexoxdealer Parkson Holdings Bhd’s 55.0%-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. (The Edge)
20/10/2020 4:49 AM
clp72 that has got nothing to do with Parkson here la... you guys will try to find any connection to things... lol
20/10/2020 9:06 AM
j11an9 What has got nothing to do with parkson?
20/10/2020 9:52 AM
Hidup_Anwar Up 0.5 sen. If want to break 30 sen PM Muhyiddin highest; Anwar must be PM 9?
20/10/2020 10:50 AM
Nancy Boon Parkson in China their shopiing is not bad not like in Malaysia real big shopping center.I think should be fine. I still holding waiting, hope so I right is just my view no offence. fly please.
20/10/2020 11:25 AM
j11an9 The parkson tw link I posted was obviously to troll the few ppl here who kept promoting parkson gloves n saying that it's coming, just wait... Lol..
20/10/2020 12:45 PM
speakup again Parkson Gloves underperform compared to Mah Sing Gloves
why leh?
20/10/2020 1:14 PM
speakup even Karex Gloves can up so much today. Why Parkson Gloves cannot up?
20/10/2020 1:17 PM
j11an9 You seem like a decent, sensible person on the other counters, but here you're sounding like a silly looney..
20/10/2020 2:53 PM


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