There are so many glove companies around eg Topglove, Hartalega, Kossan, Careplus, Esceram, IRCB, etc why must people buy Supermax gloves?

I never buy any glove from Supermax how can Supermax earn my money?

If once a year buy better shirt at Parkson is it wrong?

Who want to sell William Cheng can buy more. Expect to see more people going to Parkson as Deepavali is approaching soon. Minimum wage increase meaning people has more money to spend.

E&O has to compete with Prima to sell houses. Budget 2016 has nothing cooling measure for property sector.

Minimum wage increase is bad for manufacturers like Supermax but good for retailers like Parkson because people has more money to spend.

If there is any selling(on margin) Bursa must announce.

It is his group(Lion Ind for eg) that does the buying not his own money.

Why still buy yesterday and not bank force selling pledge securities?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4893405

Then wait for coming AGM to approve share buy back. See how Lionind and Lion FIB benefit from recent shares buy back. Parkson turn will come later.

Is TP RM 1.48 a sell? Why WC bought recently?

Is TP RM 1.60 a sell? Why WC bought recently?

I would propose Tan Sri William Cheng to privatize.

Tan Sri William Cheng continue to buy.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4888157

Wait for 12th Oct. Once PRA disposal concluded we can get 10sen dividend which is about 9% DY at RM 1.15.

Retail: Parkson KLCC gets a sophisticated revamp
http://www.theedgemarkets.com/my/article/retail-parkson-klcc-gets-sophisticated-revamp

As seen last QR E&O sales is lowest for 5 years. Wonder how sales will pick up when STP2 is yet to announce.
http://klse.i3investor.com/servlets/stk/fin/3417.jsp

If study last QR sales actually Parkson sales still up year on year. No wonder WC(or his subsidiaries) is willing to buy more from those who want to sell at 10 year lowest price.(cut loss for someone a wise move?)
http://klse.i3investor.com/servlets/stk/fin/5657.jsp

http://www.thestar.com.my/Business/Business-News/2015/09/26/Parksons-timely-move

Why when I visited Parkson last week and yesterday it was crowded with people? Perhaps 3.00 pm less people want to go shopping. More people will like to go shopping near lunch or dinner hour. Also possible is festival(Hari Raya Haji) just gone last week so drop in crowd(time also possible) is expected. When nearer Deepavali see crowd moving up again.

Anyway PRA(listed Parkson in M'sia) is the one Parkson will sell to PRGL.

The more you sell the more WC pick up. Look like WC has picked more from those who sold cheap due to recent loss QR.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4875621

investor99 Parkson doesn't own Lion Corp shares.

I heard from other forums Parkson has many loyal Malay shoppers among their customers but not Chinese like i3 forumers. Since Malaysian has more Malays than Chinese nothing to be worried about Parkson sales.

William Cheng still bought Parkson as recent as this month even at 20% higher price than currently. Does he don't know what is happening(something bad as sunnygal said?) in Parkson?

I just find out sunnygal promoting IFCA in Parkson thread. Can someone here verify is he stuck here? As I know IFCA major shareholder Ken Yong no longer bought IFCA recently unlike Parkson major shareholder William Cheng which still does.

sunnygal are you someone buying IFCA at RM 1.50? Why you promote here? I never buy any IFCA product throughout my life. I can swear to you I have bought Parkson shirt even this year.

PRA sold to PRGL at 50sen now only 33sen. Is Parkson making a wise move?
http://www.bloomberg.com/quote/PRA:SP
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4804717

When old man speak we suppose to listen but how true is ks55 statement?

Is it true?
Posted by ks55 > Sep 15, 2015 12:31 AM | Report Abuse

Fed likely to hike interest rate this Thursday. Regardless whether ValueCap can get another 20B or not, KLSE will head south for most counters. Ringgit will fall further and at faster pace.

http://ig.ft.com/sites/when-rates-rise/

Why would a rate rise in the US impact the emerging market countries?
We have already seen the antecedents of the main impact: a stronger US dollar, backed by higher US interest rates, tends to depress the values of emerging market currencies at a time when many EM economies are already weakening and their currencies have already slumped against the greenback.The Fed’s rate rise could exacerbate the EM currency turmoil, and even help precipitate a full-blown crisis.

If people want to cut loss by selling cheap WC is willing to pick up more.

Why William Cheng dare to own 60% Parkson?

ks55 please spend your time in counters you are interested not here since you quote KYY. Why KYY never come here to comment like you?

AA has rebounded from below 80sen to above RM 1.10 currently. Parkson turn(to rebound) to come sooner or later?

If read what happen in other thread eg AirAsia ks55 must be someone suffering loss from Parkson hence the cursing. If cannot stand loss from stock market please place your money in FD.

I heard Parkson is still planning to open few more stores up to end of 2015 in M'sia and China. That mean their business is still profitable.

walau2u please inform me when is the last time Padini major shareholder Yong is buying their share if it really good as you mentioned. I think major shareholder should know better than us retailers their company business outlook.

walau2u current Parkson cash per share is about RM 1 after disposing PRA. Assuming next 10 years Parkson make 0 profit(breakeven business) 10 sen dividend can be given for 10 years. What happen if Parkson continue to make EPS about 10 sen per year? So RM 1 cash per share remain intact even after giving 10sen dividend.

If Padini better why major share holder is not buying but Parkson major shareholder WC is buying even owning near 60% stake?

As someone said here Parkson is trading near 12 year low(is our CI that bad)? So unlikely person selling at current price is taking profit but more likely cut loss type.

Question is who want to cut loss now? WC has started buying recently even above RM 1.20. Will they stop buying if Parkson keep dropping as Adcool mention downtrend?

So when Parkson give 10sen dividend and carry out share buy back I don't think you can buy Parkson at current price anymore even though it cannot happen overnight but can happen next few months.

Actually Parkson not only can give 10sen dividend. They still have money to carry out share buy back which Padini cannot.

True Andyghk must also compare dividend. Padini RM 1.37 and Parkson RM 1.03 both give same 10sen dividend but Parkson is cheaper.

Where is hooi recently? Is he still buying?

I am not suppose to be no 1 Parkson promoter, hooi is if neutral observers see what happen here. I am just helping if hooi English is not so good.

bgoon99 Parkson is still expanding in China otherwise they would have close their stores if they are not profitable like Parkson Hanoi. Likewise in M'sia has open more Parkson stores every year than closing down.

arv18, in city like KL don't have that RM 1 and RM 5 shops that sell cheap clothes?

I cannot find Padini stores in smaller towns but Parkson can be found in states like Kelantan, Sabah, Kedah, etc which mean Parkson generates more sales due to more stores.

Parkson is more appropriate to compare with Padini although Padini sell less items(no cosmetics, toys, baby products, etc) than Parkson.

bgoon99 I can buy 3 Parkson shares for 1 Aeon, so not appropriate to compare that way. Just like Kiwi fruit and apple although both also fruit but are they same in price?

Moreover Parkson has stores not only in Malaysia but also in China, S'pore, Indonesia, etc whereas Aeon(listed in Bursa) solely in M'sia.

Which counter you are in top 30 shareholders? 15m I think many counters you are qualified to be top 30 shareholder. What is your real name? Or you are a liar 100% if you dare not answer.

Posted by ks55 > Sep 6, 2015 07:32 PM | Report Abuse

Damn stupid. Read my earlier post you will know I have 10m since last year.
My wealth has ballooned to 15m now mainly because of my RMB denominated collectibles.
Why buy PHB when it is 3.00, 2.00 or more.

If ks55 postings are true I can say Tan Sri William Cheng is stupid man to buy recently. Why spend RM5 million of his/group money to buy so much Parkson shares recently?

Does ks55 total wealth is RM 5 million?