superman123, your TP is too exaggerated.

Shares buy back again...I really concern if Parkson has that much of cash to continue this buying.

As long as I can recall, I don't think so. The highest if not mistaken was around 2.20 back in end 2010.

I q at 2.30 and let him sapu. No issue on that. LOL

I just commented no momentum push up earlier. This must have irked OLH and now he is pushing it up...LOL

If AAX has more business due to MAS, the loss should be minimized. Else, we can expect a higher loss in Q2 which is usually the weaker quarter for airlines.

No more momentum to push up.....

Q2 results may be a surprise due to effect from MAS tragedy.

Such a long wait for Q2 results. My bullets are ready for more averaging.

AAX is giving me the same experience as MAS...

Lost its momentum and seem price is dipping and correcting itself. Nothing much for catalyst.

Btw this is not US, this is Malaysia.....We can't use US privatization as business case. Check back Astro, Maxis and Ranhill privatization execises. Did it really benefits the minority shareholders?

My opinion, wait for Q2 results, massive losses, next the price drop to 15-16 sens. Next, Khazanah announced privatization and give a premium of 10%, that would be max 17.6 sen. All are trapped then while the big fish buy back at cheap dirt price.

I have been saying this since Maybank article been published. The privatisation won't give any benefits to the minority shareholders. It's not done to benefit you at the first place.

I still contemplating if I should average in now....can it go any lower? What's your take about coming Q2 results?

Still unable to break 1.90

It s not official statement from Khazanah. It's just a lead from sources that get hold of the information and is not even named. I think something is brewing here.

If I am the buyer sure I want it to be cheap...Takkan I wanna buy it expensive...Watch out for NTA....

Just wait for Q2 results. End of story....

Remember Proton and remember the Italian MV Agusta sold for Euro 1 dollar?

There have been several rounds of restructuring plans but not even one touch on reducing the overall headcount in MAS. They have sold whatever assets they have, optimized their fleets but with a huge capital investment by purchasing new and fuel efficient planes, cut pricing to improve load factors but losing the yield, changed the management don't know how many times, inject fund through rights, etc. There are nothing much they can do except for one.....

A lot of heads got to roll. But do they have the guts to do so? Historical proves otherwise and I don't think they will do it this time. The next thing to do is to keep MAS afloat by giving it some injection boost. Raise fund through rights and Sukuk and perhaps sell whatever assets left with them. MRO and Firefly are the potential business units to sell off. Worst come to worst, a tycoon will offer RM1 to take over the entire MAS and bear the liabilities.

share buy back of 1 lot worth RM1680???? What was he thinking???

Would trade around 0.16 - 0.18 until the Q2 result is out and all the headlines saying MAS worst ever quarter performance. Further rubbing the salt on the wound would be MH370 is still no where to be found and China tourists are boycotting MAS.

Then you may get your 0.125.

The Q2 results only will be announced in mid August. For now it's roller coaster ride; up and down.

Just to highlight that NEP at its best is nothing of an issue. In fact, it is meant to correct the economic gaps of the poor and rich in Malaysia back in 70's which was a good, fair and noble idea. Due to the long policy of economic segregation by the British, Chinese happened to be involved in business, Malay happened to be involved in agriculture and Indian happened to be involved in plantation and public services. Because of such segregation, our fellow Malaysian Malay were derived of economical opportunities to progress and subsequently increase their economic ownership.

The real issue is with its implementation and misuse of this policy for self gain and self serving. The NEP was planned for 20 years but it doesn't achieve its objective. Instead of admitting the failure of the policy, it was used as a continuous affirmative action to further plunder the wealth of the nation for the benefits of the elites.

In a layman term, the policy is like a packaging telling you how good is the product. It's there to convince you to buy in the product. But what really inside is different from what been depicted by the packaging. After 40 years of the false depiction, majority thought that's what you get so why question. Let us continue to use the product and no one realized they have been short changed for so many years. But this can't continue on as there would be other products and competitors (in this case, Singapore, Taiwan, South Korea). So after making comparison, most Malaysian start to realize and question, how come their products with the similar packaging are much better than what we get? Their products taste better, cost cheaper but with better quality. Are there something wrong with our products that we have been buying for few decades?

The development, the GDP, the deficit, the debts, the cost of living would betray the nice packaging of NEP. Thanks to globalization and Internet. We can make more informed decision and conclusion.

So what's next? Blame it on someone else saying that the suppliers have shortchanged all of us. And who are the suppliers? Well, Chinese happened to be in business so conveniently they are the suppliers. But they forgot that the landscape has changed since 70's. Most Elites are in business whether they are Malay, Chinese, Indian, Mamak, etc as long as they are elites and have network with the ruling parties. Why don't we blame it on the Elites instead of sidelining a particular group? Use your mind to give this a thought.

Hmm. It is moving after some time of inactivity but volume still low.

I m waiting for the biggest ever quarterly loss announcement by MAS in August 2014. Then, we may be able to see 0.125. Holding power in MAS might not be the right strategy cause I have hold it from 2012 until 2014 while averaging and subscribing to rights.

MAS current situation just won't let it to make profit. It's impossible to make any profits with its high number of staffs, unions, political interference and loop side contracts. The only catalyst to move this counter up is speculation and rumors. As for Fundamental and Transformation, can forget bout it.

I need time to prepare my bullets...pls don't drop too much. Buy me some time, buy me some time until Q2 result announcement in August. 1.5 months more to go.

Broke the camel back....prepare for a rough ride down hill.

The repeated trend on how the big fishes swallow up all the gullible small fishes.

Hi Mukah,

I don't believe in excuses but solution. If Dr M was serious about it and had the strong political will to implement it, who was Dong Zhong and other Chinese educationalist to object? There were no ones back in Dr M's era. He ruled with iron fist and these kecil fella were nothing in comparison back then.

Just see what have Dong Zhong achieved so far if not for more internal bickering and other internal problems.

Personally, there was no political will to change the status quo because it means unpopular move and definitely won't goes well with all the "warlords" out there from all the respective ethnics.

At the end of day, it's about the elites above the poor, the uninformed, and the marginalized. Proper education will empower and integrate the society and community. That totally goes against the strategy of Divide and Rule. It just won't happen in Malaysia if we expect the Elites will change and strive for the goodness of every Malaysian. I rather place my hope on the cow to come home than to wish for the Elites to change. FAT CHANCE!

As long as political interests remains in the education, we all could continue to dream on. An international standard, competitive and objective education system which is to promote nation building and knowledge accumulation / sharing will continue be something we want to achieve but would never get there. It would remains a dream.

Don't make a big hoo-haa when employers commented that our local graduates aren't employable or our universities did not get into the list of 100 top universities and whatever international assessment citing that Malaysia students aren't faring averagely in Math, Science and Critical Thinking.

Maybe we can start to send our Pakcik and Makcik from the 50's,60's and 70's eras to take those assessment. Perhaps we would have a better chance to score fairer.

Don't think it can stand at this price when fuel price is increasing. Besides, by operating in KLIA 2, its cost of operation is much higher now unless they managed to get a better deal from KLIA2.

Wait for Q2 results for another fall.

Wait for the Q2 results announcement, next the big fall will come. Now you still have chance to exit at 22cents.

Race supremacy is an outdated and barbarian thinking. Only ppl with limited exposure and knowledge who continue to live under his/her own coconut shell, would continue to shout about their own race supremacy. Our ancient paraphrase such as "Macam katak di bawah tempurung" really hold truth until now. No doubts our ancestors are way smarter and intellectual than the generation now. FYI, Malacca Sultanate has a long history of diplomatic ties with the China Dynasties.

I strongly disagree with anwarib saying that the government has been trying to integrate all races. Just look at the BN components, UMNO, MCA, MIC, Gerakan, PPP, etc all are race based. If the BN government is really serious in this integration, close all the national type schools, agama schools and establish a National School that offer all kind of curriculum and Languages such as BM, Tamil, Mandarin, English, French, German, etc...We don't need to wait for 57 years to do this.

Btw, my grandpa era was even more integrated than now. So I would say that someone somehow is actually working hard to disintegrate the society. Divide n rule, remember? And who are actually ruling now for so many decades? It's not Chinese or Indian or others. It's the Elite Malay from UMNO. Use your brain and mind to think for yourself, anwarib.

The education blueprint is nothing more than a paper exercise as well as money burning exercise to enrich some hidden contracts. Whoever think that it is for the good of the education and country, please do me a favor, get yourself a CTSCAN at the hospital. Maybe you got some blood clot in your brain that is stopping you from thinking logically and rationally.

The best part is if it goes all the way to be 0.01 sen stock, then we have Khazanah to die with us. Not a lonely death after all.

This counter, I have lose much since 2012. It has already bottom tank and there is no more worst news ever could happen. It's either a go or die counter. Extremely risky with high return just like what happened for the past 2 weeks. Either you keep it and wait for positive news or your cash would be trapped in a not moving counter.

You wanna make thousands in few months, go for this counter. You wanna risk losing thousands in few months, go for this counter too. It's either up all the way or down all the way to become a 0.01 sen counter. No other alternative.

Why dun it break 0.70? Cant enter yet.

The thing to watch now is hopefully the second round will happen before mid August. Believe the sell down will happen tomorrow and may push the price back to around 18-20 sen. If there is no rumors before mid August, off load all you can as the Quarterly results wont be good and there would be another round of sell down. Next, only u collect back at those low price.

I recalled TM also denied talks with Gpacket on take over. But 2 months after that, TM bought over Gpacket. This is how business works. Either u take it or leave it. No one is forcing you.

They wont do anything. This counter is a steady and dividend stock. For sure they will give u consistent dividend. That s all. Don t expect much from OLK.

dead cat bounce as shared by zuolun?

ks55, my earlier post on shares buy back in early June:

Parkson is buying back its shares again. From 16 May - 29 May, a total of 10523000 shares were bought back for a total purchase of 28.2 million.

If they only have RM20 million for disposal, I wonder where they get the money to keep buying shares for the past few months. ks55, did you notice anything which I didn't?

Share buy back is a better option than to sit on a pile of cash and don't know what to do with it. The question here should be who is depressing the price and for what purpose?

zuolun, TA may not make sense in some counters as human is way too emotional to make any rational / logical decisions based on Technical Analysis. When there s emotion involvement, the whole thing just wont make sense anymore. Share markets are full of emotions. :)

I think my prediction is starting to show itself. Next would be MH370 being found. Wait and see.

My earlier comment back in May 8

Government has announced not to bail out MAS. I think the game just got started now.

First round: depress the price further by giving negative announcement.
2nd round: start collecting when the price is low
3rd round: once collection is done, all those with "networks" will wait for the 180 degree turn of the earlier announcement
4th round: Government overturn its earlier announcement saying they are looking for some kind of partnership or some kind of strategic plan and investment to spin around MAS as MAS is a national carrier and economic enabler.
5th round: MH370 is found and then everything seems clearer and brighter now for MAS.
6th round: Government announces a not confirmed takeover offer from 3rd party
7th round: Price start to appreciate and time for the "network" fella to offload their cheap shares and earn millions.
8th round: Things die down and ppl are back to stuck at the appreciated price with no catalyst to push further. Got to wait for another round of bad news and good news.

agentsmith, even if the results is positive by next quarter, the shares price has already been oversold for the past and by paying a little bit extra for it, it won't be too taxing. It s impossible to time for the lowest price. You follow your strategy and be discipline and adjust when it s required. Cash movement in investment is important too.

There would be no best time or worst time to enter the shares market. You may think it's bottom out but it may even go down further. Same applies to the opposite trend whereby you think it may go up further but it comes down instead or it has already reached its peak but it still break its record high.

Hence, you got to be discipline and stick to your strategy and plan. Some may prefer to average it, some may wait and see, some may cut loss and look for other counters to invest, some as shared by zuolon, short sell.

But if you are selling your own shares, you don't really make actual profits in short sell. It s more to maintaining your position in the counter but am getting back part of your initial investment. You would still lose out in term of brokerage fees and stamp duty.

agentsmith, I wont enter until Parkson released its next quarterly results in August 2014.

BUY

Just dont catch the falling knife. HOLD.