ASB selling non-stop. RM 4 coming?

Buy more. TP 88 sen.

Be wary of online purchases
https://www.nst.com.my/opinion/columnists/2017/12/312891/be-wary-online-purchases#cxrecs_s

Sell. Below RM 1 soon.

Bank borrowings increase and no dividend. RI again?

Add more 54 sen.

Add more 56.5 sen. Sales to pick up for coming Christmas, school reopen and later CNY.

Oil up more BRIM to spend at Parkson?

Add at 59.5 sen. PRGL no drop why Parkson must drop?
https://www.bloomberg.com/quote/3368:HK

Parkson Mahkota Parade will close soon can save further rental expenses.

PRGL Q3 show operating profit RMB 1.5 million. A good turnaround despite no major festival in Q3.
http://www.parksongroup.com.cn/upload/201711/151073123216842600.pdf

Add further 62.5 sen.

Big loss 87 sen? 50 sen more fair.

Add more 63 sen. PRGL bigger of 2(PRGL & PRA)still rock solid. Those not holding Parkson no need to post here offering advise. We will dumb dumb hold or add more.

Raining and flood can increase clothing demand?

Parkson better bet. Parkson also got sell Bonia brand. Parkson director no need to sell shares for pocket money.

Below 1.5 can buy.

Already said some of us must attend coming AGM. Anyone volunteer to go? Those from KL please go.

Add more 62.5 sen. PRGL rebound.

Bad management is Giant not Parkson. Non-shareholders nobody ask you to come here.

5 Giant stores close on 5th Nov mean less 1 competitor for Parkson.
https://www.nst.com.my/news/nation/2017/10/297569/closure-5-giant-outlets-not-linked-countrys-economic-status-trade

At least Parkson got give share dividend what dividend Dutaland give?

Add more 65 sen.

PHB 2017 AR out today. LionInd still own a lot.

2. Lembaga Tabung Haji 105,908,219 9.92
19. Cartaban Nominees (Tempatan) Sdn Bhd 10,742,298 1.01
icapital.biz Berhad

Thirty Largest Registered Shareholders as at 30 September 2017
No. of % of
Registered Shareholders Shares Shares ^
1. AMSEC Nominees (Tempatan) Sdn Bhd 143,987,730 13.49
MTrustee Berhad for Cheng Heng Jem
2. Lembaga Tabung Haji 105,908,219 9.92
3. Kenanga Nominees (Tempatan) Sdn Bhd 61,652,196 5.78
Pledged Securities Account for Cheng Heng Jem
4. Lion Forest Industries Berhad 56,000,000 5.25
5. Affin Hwang Nominees (Tempatan) Sdn Bhd 52,316,798 4.90
Pledged Securities Account for Cheng Heng Jem (M09)
6. RHB Nominees (Tempatan) Sdn Bhd 46,689,636 4.38
Bank of China (Malaysia) Berhad
Pledged Securities Account for Amsteel Mills Sdn Bhd - 1
7. RHB Nominees (Tempatan) Sdn Bhd 46,243,212 4.33
Bank of China (Malaysia) Berhad
Pledged Securities Account for Amsteel Mills Sdn Bhd - 2
8. RHB Nominees (Tempatan) Sdn Bhd 45,902,750 4.30
OSK Capital Sdn Bhd for Amsteel Mills Sdn Bhd
9. RHB Nominees (Tempatan) Sdn Bhd 25,672,692 2.41
Bank of China (Malaysia) Berhad
Pledged Securities Account for Amsteel Mills Sdn Bhd - 3
10. RHB Nominees (Tempatan) Sdn Bhd 24,631,353 2.31
OSK Capital Sdn Bhd for Lion Industries Corporation Berhad
11. RHB Nominees (Tempatan) Sdn Bhd 20,808,737 1.95
Industrial and Commercial Bank of China (Malaysia) Berhad
Pledged Securities Account for Cheng Heng Jem
12. Affin Hwang Nominees (Tempatan) Sdn Bhd 17,600,000 1.65
Trillionvest Sdn Bhd
13. MIDF Amanah Investment Nominees (Tempatan) Sdn Bhd 14,648,254 1.37
Pledged Securities Account for Tan Sri Cheng Heng Jem (MGN-WCH0004M)
14. Kenanga Nominees (Tempatan) Sdn Bhd 12,473,000 1.17
Pledged Securities Account for Trillionvest Sdn Bhd (3rd pty)
15. RHB Nominees (Tempatan) Sdn Bhd 11,530,790 1.08
Bank of China (Malaysia) Berhad for Lion Industries Corporation Bhd - 2
16. AMSEC Nominees (Asing) Sdn Bhd 11,429,449 1.07
MTrustee Berhad for Excel Step Investments Limited
17. Affin Hwang Nominees (Tempatan) Sdn Bhd 11,222,649 1.05
Pledged Securities Account for Lion Industries Corporation Berhad (LIO0157M)
18. RHB Nominees (Tempatan) Sdn Bhd 11,084,365 1.04
Bank of China (Malaysia) Berhad
Pledged Securities Account for Lion Industries Corporation Bhd - 1
19. Cartaban Nominees (Tempatan) Sdn Bhd 10,742,298 1.01
icapital.biz Berhad
20. HSBC Nominees (Asing) Sdn Bhd 10,387,765 0.97
Exempt an for Bank Julius Baer & Co. Ltd. (Singapore BCH)
21. RHB Nominees (Tempatan) Sdn Bhd 8,466,547 0.79
Bank of China (Malaysia) Berhad
Pledged Securities Account for Amsteel Mills Sdn Bhd - 4
22. HSBC Nominees (Asing) Sdn Bhd 8,403,808 0.79
TNTC for State Teachers Retirement System of OHIO
23. Lion Industries Corporation Berhad 7,961,064 0.75
24. Kenwingston Sdn Bhd 7,350,000 0.69
25. Cheng Yong Kim 7,170,986 0.67
26. Citigroup Nominees (Asing) Sdn Bhd 7,046,328 0.66
CBNY for Dimensional Emerging Markets Value Fund
27. Lion Realty Private Limited 7,006,526 0.66
28. HSBC Nominees (Asing) Sdn Bhd 6,931,016 0.65
BBH and Co Boston for Vanguard Emerging Markets Stock Index Fund
29. Lam Kong Tang 6,000,000 0.56
30. Public Invest Nominees (Tempatan) Sdn Bhd 5,921,400 0.55
Pledged Securities Account for Lam Kong Tang (M)
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5579181

2017 AR out today. WC got disposed PHB past 1 year?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5579181

Can save rental cost is good news. They will relocate to cheaper place.

Diet Pang Parkson Melaka Mall is closing down this December... business is bad.
23/10/2017 21:17

2017 AR will out in 2 week. Why cannot wait?

Add more 65.5-66 sen. PRGL up 1 sen.
https://www.bloomberg.com/quote/3368:HK

Those sold hoping price will drop you have to wait a long time. Despite Ricky Lim Wei Yan and earlier future posting Parkson no drop.

KISSinvest if Buddhism believe in Karma so Affin workers must be prepared to lose your job.

Might be work for Affin. Only Affin give such TP.

Beginner1 KISSinvest, if you own 50 lots, why did you advice people to sell?
05/10/2017 18:19

Affin mulls reducing 300 jobs by year end, says group CEO
http://www.theedgemarkets.com/article/affin-mulls-reducing-300-jobs-year-end-says-group-ceo

Stock With Momentum: Parkson Holdings
http://www.theedgemarkets.com/article/stock-momentum-parkson-holdings

Why you so scared? I just ask if Vivo not good what counter is good? Why cannot answer or no money is your answer?

If true pls don't talk here. Talk at which counter you think can buy?

Orga @Parkson8888 - hahahha... ya loh.. I don't have any money left.. coz buy others company instead of 'mighty" vivo... hahahaha... even if i have money... surely i will avoid this hugely manipulated company which purely control by shark.. new contrct coming... but price going south... die me laugh... 1st time in history...
03/10/2017 10:50

PRGL up. Add more 63.5 sen.
https://www.bloomberg.com/quote/3368:HK

kelvin61 I own many counters. If you have Parkson you must defend not only myself.

PRGL up.
https://www.bloomberg.com/quote/3368:HK

kelvin61 previously can drop because Affin IB staff sold at 51.5 sen. Now I think he has been sacked for his stupidity. Parkson recovered not long after Affin cease coverage.

Add more 62.5-63 sen.

http://klse.i3investor.com/blogs/sinchew_company_story/133974.jsp

OTHERS Incorporation of a Subsidiary

PARKSON HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description Incorporation of a Subsidiary
The Board of Directors of Parkson Holdings Berhad (the "Company") wishes to announce that Releomont (Hong Kong) Limited ("Releomont"), a wholly-owned subsidiary of Parkson Retail Group Limited ("Parkson Retail"), which in turn is a 54.97% owned subsidiary of the Company and listed on The Stock Exchange of Hong Kong Limited had on 28 September 2017, received the Business Licence of Anshan Parkson Retail Development Co., Ltd. ("Anshan Parkson"), following its incorporation by Releomont in the People's Republic of China on 11 September 2017. Anshan Parkson is wholly-owned by Releomont.

Consequent thereupon, Anshan Parkson became a wholly-owned subsidiary of Parkson Retail and hence, a subsidiary of the Company.

Anshan Parkson will have a registered capital of Rmb10 million (equivalent to RM6.4 million) and will be principally involved in the operation of department stores.

The incorporation of Anshan Parkson does not have a material impact on the earnings of the Group for the financial year ending 30 June 2018 and the net assets of the Group based on the audited consolidated statement of financial position as at 30 June 2016.

(For the purpose of this announcement, the exchange rate of Rmb1.00: RM0.64 is assumed).
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5561269

Add more 64-64.5 sen.

Parkson Holdings - China Turning The Corner
Date: 28/08/2017

Source : KENANGA
Stock : PARKSON Price Target : 0.88 | Price Call : BUY
Last Price : 0.53 | Upside/Downside : +0.35 (66.04%)

Back
12M17 core LATAMI which came in at RM179.2m compared to the core loss of RM152.6m in 12M16 is below expectations compared to our RM46m and consensus RM151m estimates. However, we believe the worst is over for Parkson and expect its FY18 to start on a clean slate following a kitchen sinking exercise and swift improvement in China’s operations. Specifically, this quarter marks the 2nd successive quarter of improvement in operating profit in China, highlighting that efforts including closures of underperforming stores and rationalization measure have reduced same-store’s operating expenses and bearing fruit. Maintain OUTPERFORM. Our target price is RM0.88 based on sum-of-parts.

Result Highlights. QoQ, 4Q17 revenue fell 8%, no thanks to Vietnam (- 14%). However, key markets registered positive same-store-sales growth including China (+2.4% vs. -2.2% in 1Q17), Malaysia (+14% vs -1.4% in 1Q17) and Indonesia (+11% vs. -18.2% in 1Q17). Malaysia and Indonesia same-store sales growth benefitted from Hari Raya festivities following the shift in festive calendar. The weakness in Vietnam continued due to competitive pressure. More importantly, 4Q17 China operations continued to show improvement registering second quarterly consecutive improvement due to positive SSSG growth, closures of underperforming stores and rationalization measure, which had reduced same store’s operating expenses. Specifically, 53%-owned Parkson China’s (FYE Dec) 1H17 recorded a core net profit RMB18,1m (RM11m). Excluding impairment loss on PPE, intangible assets, and other receivables amounting to an expected aggregate of RM70m, 4Q17 core net loss is flat at RM26.0m compared to a loss of RM25.8m in 3Q17 (excluding one-off impairment losses on receivables amounting to RM7.5m and stripping out gains from disposal of a subsidiary at approximately RM330m) arising from elimination of loss-making stores’ closures and lower operating expenses. No dividend was declared in this quarter as expected. No dividend was declared in this quarter as expected.

YTD, 12M17 revenue rose 2% mitigated by narrowing negative SSSG in China (-1% vs -10% in 12M16) due to its transformational strategies undertaken, which are bearing fruits, including aligning with the evolving retail markets and closures of underperforming stores. This brings 12MFY17 China operating loss has narrowed considerably to RM42m from RM91m in 12MFY16. SSSG rates were mixed across the board, including Malaysia (+3% vs -6.5% in 12M16), Vietnam (-14% vs. -2.9% in 12M16) and Indonesia (-2% vs. +4.7% in 12M16). However, Parkson 12M17 core losses widened slightly to RM179m after stripping out: (i) gain from disposal of a subsidiary, and (ii) impairment loss on intangible assets and receivables (RM352.4), and (ii) impairment loss on receivables amounting to RM60-70m (Parkson Holdings’ effective stakes).

Outlook. The Group focuses 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. In South-East Asia, operating environments in the Southeast Asian region are anticipated to remain challenging due to the fragile consumer sentiment. The Group will exercise vigilance in pursuing its strategies to transform Parkson into a life-style concept retail business.

Maintain Outperform and target price at RM0.88. We like Parkson because: (i) its strategy of optimising its retail format and expanding its product and services offerings is paying off, (ii) it is minimising stores losses via optimising store effectiveness and efficiency, which are bearing fruits, and (iii) 2Q17 China operating profit is showing encouraging signs of improvement

Source: Kenanga Research - 28 Aug 2017
https://klse.i3investor.com/servlets/ptres/41839.jsp

PRGL again up.
https://www.bloomberg.com/quote/3368:HK

Add more 62 sen. PRGL up 4 sen.
https://www.bloomberg.com/quote/3368:HK

Bought more 59.5-60 sen.

PRGL, PRA both up today. Nice!
https://www.bloomberg.com/quote/3368:HK
https://www.bloomberg.com/quote/PRA:SP