kelvin61

kelvin61 | Joined since 2014-07-22

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Stock

1 week ago | Report Abuse

PRA made SGD 7.9 mil in Q4 2023.

Stock

1 week ago | Report Abuse

Another profit reported by Parkson Retail Asia Limited. Now we await the results from Parkson China.

Stock

2023-11-16 21:18 | Report Abuse

Parkson China just released their Q3 result. It reported a profit of RMB 4.2 mil.

So, both PRA & PRG have reported profits. PHB will report a consolidated profit for Q3 2023 compared to last year.

This smaller profit will add on to the earlier two quarters of profits as we head towards Q4, which is expected to be much better, cheers.

Stock

2023-11-14 19:47 | Report Abuse

A good performance by Parkson Retail Asia on their weakest quarter 3.

The good news is they recorded another profit of SGD 3.279 mil.

We await anxiously for Parkson Retail Group Limited to announce their Q3 result this Friday. Let's hope China operations deliver a strong one, cheers.

Stock

2023-10-07 00:04 | Report Abuse

Cities across China are launching shopping vouchers to lift consumption during the Golden Week. This is an initiative from the gomen.

https://www.globaltimes.cn/page/202309/1299053.shtml

Parkson China will benefit from such stimulus measures to increase consumer retail spending. We can expect China to contribute positively, particularly in Q4 2023, cheers.

Stock

2023-09-25 13:50 | Report Abuse

@Why. Traditionally, Q3 is the weakest quarter for Parkson due to no major festivities in Malaysia.

I reckon if Malaysia can break even or incur a small loss and China continue to contribute a smaller profit, then Q3 should be alright. The focus will then shift to another strong Q4 to close the year on a high note. Hopefully, the rerating of Parkson share price will continue unabated thru to next year, cheers.

Stock

2023-09-23 10:06 | Report Abuse

The annual and quarterly reports served as good pointers where the business is headed.

For a start, always pay close attention to what the CEO is saying. In short, WC has stated that the strategies implemented for Parkson thus far will yield sustainable growth and profitability for the long term.

WC knows the business dynamics in China after having survived the retail business ups and down since 1994.

This is testament to his ability to stay the course while others have perished. Opening and closing of stores is an integral part of the retail business and should be strictly enforced to culled the losing ones, cheers.

Stock

2023-09-23 09:50 | Report Abuse

Savvy investors who do their homework are starting to collect Parkson shares which is still selling way below book value. Why?

These value and savvy investors can see and anticipate a recovery for the retail business and is quietly building up their position in Parkson. Just look at Parkson's traded volume in BURSA before the Q1 2023 results and now, there's a world of difference. This indicates excitement and traders attention on Parkson.

For Parkson Retail Group Limited to resume dividend payment after a lapse of 4 years is an indication that William Cheng is confident of the turnaround. The China unit is even cheaper and grossly undervalued with dividend being returned to loyal shareholders, cheers.

Stock

2023-09-18 16:00 | Report Abuse

The last update in Bursa, after KLK's last purchased made in the open market on 7 Sept 23 plus the stake bought earlier from LTAT amounted to 35.71%.

This have not included the offer from KLK which is pending to minorities soon at RM1.55, cheers.

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2023-09-13 11:11 | Report Abuse

People are now more willing to spend after the pandemic. It could be their outlook of life have changed after witnessing many losing their lives.

So, there is a silver lining for Parkson after a major catastrophe.

Stock

2023-09-07 13:57 | Report Abuse

@FAInvestor. Previously, ICAP holding cost was even higher when the shareholding was halved of current position.

Looks like TTB isn't as good as some say he is. Imagine, Parkson Holdings at such low prices currenty and he's not averaging down but continue to hold high cash.

Stock

2023-09-07 11:44 | Report Abuse

@FAInvestor. The holding cost of ICAP in Parkson per AR 2022 is RM1.04. The unrealised loss reported in the Annual Report was (RM20,343,064). The number of shares held in PHB is 22,942,298.

TTB should buy more if he is confident PHB will continue to record more recovery with the pandemic behind us now, cheers.

Stock

2023-09-07 09:35 | Report Abuse

l think contra day traders like to short Parkson share price to gain from this activity. There appears to be many sellers daily for no apparent reason though the fortunes of Parkson is gaining traction. Even ICapital, TTB's fund had added Parkson shares to it's original holdings gradually over a period of time.

Unfortunately, William Cheng do not defend the share price of Parkson by adding more to his shareholdings when the share price is selling for pittance.

Hopefully, William Cheng will reward long-term loyal shareholders with either dividend or bonus issue by the end of FY 2023, cheers.

Stock

2023-08-21 17:25 | Report Abuse

The big winners in any investment are the long term shareholders. Day traders and short term speculators make a fraction of the big gain that a company returns to shareholders in the form of increasing share price, dividends and bouses.

No need to fret on diverging views. Everyone is responsible for their own action. Have a good day to all, cheers.

Stock

2023-08-21 10:24 | Report Abuse

Parkson business strong qtrs are Qtr 1, 2 and 4. Qtr 3 is the weakest as there is not much activity in Malaysia, so, China has to assist. If Parkson can still do well, then the business has definitely turnaround, cheers.

Stock

2023-08-21 09:33 | Report Abuse

The volumes this morning has been very positive as it shows lots of enthusiasm on the stock. Thee are exciting times for Parkson. If Fund Mgrs decide to re-enter Parkson believing the turnaround is sustainable, then the price has legs to run much higher up, cheers.

Stock

2023-08-20 23:04 | Report Abuse

@5354. Yes, that's the correct link shared by Why2TellMeWhy.

We wait to see further rerating on PHB price next week. WC is confident Parkdon will be able to achieve long term sustainable growth and profitability going forward. FYI, PRGL had paid dividends from year 2006 till 2018. The resumption of dividend payment in 1H 2023 for PRGL signify that WC is confident of much better days ahead, cheers.

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2023-08-20 21:43 | Report Abuse

PRA 2nd qtr results were announced on 14.8.23.

Stock

2023-08-19 00:11 | Report Abuse

Parkson has deep value in the assets they owned in China. Their Malls have not been revalued and are sitting on big gains vs. the value in their books. The North Building Parkson Plaza along Fuxingmen Street in Beijing which has been renovated and leased out for Office use is generating huge rental income. Bank of China is one of the key tenants.

Parkson continue to generate strong positive cash flow and is an indication of good management. It is a testament to their ability to stay afloat during the difficult times. Their ability to sustain the business in China since the entry in 1994 show that they understand the China retail market well.

Long term value investors will benefit immensely as the retail market pick up more steam as the Gomen is cutting lending rates to provide more impetus to the recovery post-pandemic, cheers.

Stock

2023-08-18 14:07 | Report Abuse

Parkson Retail Asia and Parkson Retail Group have both reported profits for Q2 ended June 23. In addition, PRGL also declared a dividend of HKD 0.01 sen. We can expect Parkson Holdings to report similar favourable results. Next week should be interesting to see PHB making more gains before the result is announced, cheers.

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2023-07-30 20:18 | Report Abuse

Building a strong base before the next push higher.

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2023-06-08 11:07 | Report Abuse

Many friendly MCA macais trying to short the price down. Each time the price goes up fast they throw it down again. They know TKO's buying price for the block.

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2023-06-07 14:21 | Report Abuse

With TKO holding 5.4% stake, we can expect to see the board acting in the best interest of shareholders or else TKO will be there to provide the check and balance. STAR is grossly undervalued. Over time, the share price of STAR should gradually rise to reflect its intrinsic value. If the assets are revalued and including the current value of cash, it is easily more than RM1. The business is free.

Stock

2023-06-02 11:15 | Report Abuse

When they made a fortune in Focus Dynamics when prices were sky high they did not sell. When the share price collapsed, they sell like no tomorrow for big loss.

Wonder who appointed the Donkeys to run and make decisions.

Stock

2023-05-20 00:24 | Report Abuse

PRA and PRGL both reported profits for Q1 2023. I'm anxiously waiting for Parkson Holdings to report their consolidated earnings soon next week, cheers.

Stock

2023-02-17 08:42 | Report Abuse

Parkson operations in Malaysia is expected to report profits. This is reflected in the share price of Parkson Retail Asia listed in SG which is recovering daily cheers.

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2022-10-20 16:00 | Report Abuse

wunderbar.....smart investors that bought below 50 sen recently is happily counting their gains. sour grapes like donkey Geezer is still shitting all the stocks he bought earlier and loss. serve him right.

Stock

2022-10-07 06:52 | Report Abuse

Don't listen to Anal-List. 90% of the time they are dead wrong. Do your own homework and buy. These Anal-List are all earning buta gaji, cheers.

News & Blogs

2022-06-21 21:30 | Report Abuse

Geezer is back telling his old stories like a broken record.

Stock

2022-06-01 11:29 | Report Abuse

Why calvintaneng so quiet??? The pullback must have hurt him too.

Stock

2022-06-01 11:08 | Report Abuse

In times like these, those who play margin are wiped out. These greedy rogue traders almost certainly lose in the long run. So, always buy what you can afford and hold. So, the famous geezer here who dabbles frequently and make his recommendation on SUBUR will probably have perished in the severe shorting of this stock by the shorties. Wonder whether he has survived the bloodbath in SUBUR???

News & Blogs

2022-05-24 16:13 | Report Abuse

Good review of the intrinsic value of BPLANT by Dragon328. I'm sure the share price will start to reflect the true value going forward. Like they say, you just can't resist a bargain when it's ripe for the pick, cheers.

Stock

2022-05-22 18:35 | Report Abuse

The problem with SUBUR is the major shareholder do not share the profits with the minority shareholders. They must learn to declare dividend, however small, as long as the Company is profitable. This will then encourage investors to buy into this stock. This may result in less traders shorting the stock due to greater demand.

News & Blogs

2022-05-22 14:27 | Report Abuse

Very thorough analysis of the intrinsic value of BPLANT. Kudos to the writer for the excellent job. In fact, it shows why our local analysts are not up to mark and overpaid. Their write ups are like a newbie starting out as an analyst. SHOCKING to read and full of nonsense. Wonder how these local investment banks employed them in the first place. Let's savour the best of what BPLANT has to offer, cheers.

Stock

2022-05-14 12:36 | Report Abuse

The most important criteria when assessing a company's financial performance is to determine if it is able to generate positive cash flow every quarter. That's the life blood of every company. Currently, SUBUR is enjoying a good run on generating positive cash flow due to the high cpo selling prices. The book value of RM3.33 as at 31.12.21 is expected to rise in tandem with the anticipated good profits coming in the next few quarters. Is it a good buy, only time will tell, cheers

Stock

2022-05-14 12:22 | Report Abuse

With current good cpo price anticipated to sustain, the management of SUBUR should be able to pair down their short term debts more quickly. Even better, they should reschedule their repayment to longer term tenure if the Bankers agree and this will resolve the audit concerns, cheers.

Stock

2022-05-14 12:02 | Report Abuse

SUBUR, a small cap plantation company with exceptionally large interest in oil palm plantation, should report decent result though the three months crop attained to Mar22 was low compensated by higher average selling prices. It is interesting to see their financial performance to gauge the June22 quarterly performance as their yield should improved and if the current good cpo price sustain, one can expect much better result in the next quarter, cheers.

Stock

2022-05-14 11:51 | Report Abuse

As the reporting period for Mar22 quarterly result draws nearer, the day of reckoning will be known soon for all plantation companies. As the annual cropping season for plantation companies are generally softer during this period, it will be good to see the performance of many acclaimed top buys by the sifus like calvintaneng, etc. if their bets come true. Like they say, the "Proof of the Pudding is in the Eating". So, we shall see how well all those who have promoted their shares will perform, profit wise, cheers.

Stock

2022-05-03 19:47 | Report Abuse

When comparing FFB production between different companies here, one must use their heads. Comparison must be based on the volume of crop produced against the paid up capital of the company concerned. In short, you must compare apple with apple. The eps will reflect the true earnings of each company versus the next based on current high cpo price. Talking about how large a company here makes no sense. It only shows how naive the person is.

News & Blogs

2022-05-03 17:11 | Report Abuse

When comparing FFB production between different companies here, one must use their heads. Comparison must be based on the volume of crop produced against the paid up capital of the company concerned. The eps will reflect the true value of each company versus the next based on current high cpo price. Talking about how large a company here makes no sense. It only shows how naive the person is.

Stock

2022-04-29 13:13 | Report Abuse

If current cpo prices remain firm, the estates' yield of SUBUR should be much better for Apr-Jun22 quarter. I expect SUBUR to report record eps. Let's hope the owners distribute bonus shares to reward loyal shareholders this year, cheers.

Stock

2022-04-21 07:10 | Report Abuse

SUBUR has a very small free float so this stock can easily be ramped up to reflect its true intrinsic value. The Mar22 quarter result coming out in May22 will be the catalyst for the big run soon, cheers.

Stock

2022-04-19 16:25 | Report Abuse

@ pang72. This is because our Malaysian top guru, Neoh Soon Kean has invested big on SUBUR. So, this is a sign of confidence from him. SUBUR is small cap company with huge plantation assets and timber too, cheers.

Stock

2022-04-16 19:53 | Report Abuse

For Parkson followers, you should not worry. The life blood of any company is generating positive cash. Parkson is not short of it. Parkson has almost 10 fully owned Malls not yet revalued and reflected in their books. If need money, just sell one loh. In fact, their North Building Parkson Mall in Beijing has been renovated for office rental. The office building will be rented out for 12 years with rental income of RM164 mil per year. That is very good income, cheers.

Stock

2022-04-12 11:55 | Report Abuse

SUBUR will report extraordinary results for 2022. The oil palm business will contribute significantly to the bottomline. With 44,000 hectares or 108,726 acres of oil palm plantation, the record high cpo price or translated to record ffb selling prices will result in bumper profits for SUBUR. Even our top guru, Neoh Soon Kean has two spots in the top 30 shareholders list together with the Bank of Singapore Limited.

Stock

2022-03-12 11:02 | Report Abuse

The Geezer bought JTIASA many years ago when the matured planted area was not of economy of scale to reap good returns. Geezer also overpaid at the time. Today, JTIASA is a different animal with majority of it's matured plantings in prime yielding phase. He seem to have noticed and still selling for half the price he paid previously. Let's see what he will do, cheers.

Stock

2022-03-10 20:26 | Report Abuse

This is a great stock to own at a time when cpo prices are sky-high. SUBUR will make double digit eps each quarter and at current price, it is selling at low single digit prospective PE by end 2022. A pure upstream plantation player with small PUC and free float, the run on this stock will be fast and furious, cheers.

Stock

2022-03-08 19:44 | Report Abuse

@speakup. These Anal-Lists are overpaid and ineffective. All these silly recommendations on Tech stocks are going south. Their PE is grossly overvalued and their charts are all downtrending. So, these Anal-Lists are trying to talk down the Plantation shares even though the charts are all uptrending and most of the Plantation companies are selling at single digit PE for 2022 at current prices. Wonder how these negligent Anal-Lists got employed in the first place.

News & Blogs

2022-03-03 21:26 | Report Abuse

Geezer has cunningly excluded pertinent information as usual to deceive readers to buy this stock to profit at higher prices. Please don't take his analysis seriously as school boys can do a better job. It's riddled with inaccurate assumptions and exclusion of material liabilities. Stay invested in well managed companies like JTIASA, BPLANT, HSPLANT and TAANN, among others, cheers.

Stock

2022-03-03 17:33 | Report Abuse

It is still early days for JTIASA. Due to their large matured area of 69,589 hectares, 92% of the areas is in prime phase. This will provide optimal FFB yield in the current high cpo prices. Hold tightly to benefit from the big run ahead for this wonderful stock, cheers.