Posted by 4iiii > 2020-06-15 09:41 | Report Abuse

Parkson Credit like Aeon Credit why you don't know haha.

Good123 learn from aeon to do grocery also plus aeon credit issuing credit card to customers, loyalty, etc
11/06/2020 5:52 PM

Posted by newbie5354_ > 2020-06-16 10:10 | Report Abuse

PRA, PRGL big up nobody in i3 aware?

Posted by sbtan624 > 2020-06-16 13:36 | Report Abuse

Can anyone comment if today Parkson's business break even, the stock price ~ MYR 1.69?

Posted by kelvin61 > 2020-06-16 13:42 | Report Abuse

PRGL is quietly climbing up these last few days. It's a sign the Parkson business in China is picking up momentum, cheers.
16/06/2020 1:41 PM

Posted by trumpgreatagain > 2020-06-17 08:11 | Report Abuse

stop bleeding and shift portfolio to other counter is wise decision....at this turbulence time, invest at good company wth stable income and consistent dividend is right decision

i just discover the gems in Bursa

can visit at https://youtu.be/lIsc9pmAsnU

Posted by Parksonguy > 2020-06-18 05:43 | Report Abuse

Will very soon declare bankrupt.

Posted by JediMaster > 2020-06-23 22:11 | Report Abuse

Run?

Posted by 5354_ > 2020-06-25 10:14 | Report Abuse

I own many counters.

Posted by 5354_ > 2020-06-25 10:16 | Report Abuse

Like your house RM 1.69 million you sell at 90K is it smart?

sbtan624 Can anyone comment if today Parkson's business break even, the stock price ~ MYR 1.69?
24/06/2020 5:18 PM

Posted by 5354_ > 2020-06-25 10:16 | Report Abuse

PRA, PRGL up nobody can see?

Posted by Starbuckee > 2020-06-26 09:40 | Report Abuse

just buy 100,000 shares and put in safe. it would be RM100k in future u will never know. cost u 9k only. GG

Posted by sbtan624 > 2020-06-26 11:28 | Report Abuse

ok, i pickup some and keep with fingers cross ;)

Posted by Lam LH > 2020-07-01 15:31 | Report Abuse

just wonder why so much sellers? and why wc is not buying when it is so cheap? maybe wc also dont have the confidence of his own company.

Posted by Reap88 > 2020-07-01 18:48 | Report Abuse

Transaction for past 2 weeks not even 2M. daily. Too insignifican for WC to pay attention.

Posted by VGbibi > 2020-07-07 15:03 | Report Abuse

ngeh ngeh ngeh

Posted by Parksonguy > 2020-07-14 23:18 | Report Abuse

High chance will declare bankrupt.

Posted by freddiehero > 2020-07-14 23:36 | Report Abuse

apa? bankrupt.. no no.. i like go parkson window shopping.. place quite nice.. silent and clean

Posted by i3lurker > 2020-07-14 23:41 | Report Abuse

I go there for the aircond only since nobody is there, air cond is very fresh, clean and cool.

Anyway cannot buy anything coz those items that you want to buy, the sales girl told me was out of stock for more than 10 years already
and she dunno when the new stock will come.
She tells me parkson used to sell item 10 years ago, hot selling item but no new stock come for 10 years already.

Posted by Good123 > 2020-07-19 09:06 | Report Abuse

aeon fell to 52 week low like during MCO in march already. parkson lagi teruk drp aeon , Akan ikut tren aeon

Posted by thesteward > 2020-07-19 16:01 | Report Abuse

Parkson has gone into exploring online etc . Nta v high . Now is not 80 son only 8.5 sen .
Aeon closing down less competition for parkson

Posted by Pen6 > 2020-07-28 10:04 | Report Abuse

Yes. Someday it is 80sen not 8.5 sen. Holy holu Hoya someday.......someday.....someday.......

Posted by feezzy89 > 2020-08-03 14:37 | Report Abuse

why parkson share cant increase, still low till now

Posted by Jeffreyteck > 2020-08-05 15:33 | Report Abuse

From above $5 to $0.08. Well done. Est NTA will be halved under current conditions. Looks attractive for trading play.
Believe Vientiane outlet will be closed one day as people there don't have purchasing power and population is too little. Few hundreds of night market stores there, how to compete?

Posted by kelvin61 > 2020-08-06 00:17 | Report Abuse

Market is so hot now even zombie companies are flying. If there is any syndicate deciding to fart here and start some stories, I'm sure Parkson also can meletup. Market is flush with enthusiasm. Wonder why William Cheng is not buying when the price is dirt cheap. Don't tell me even the shit companies with few sens book value in Bursa is better than Parkson? Common, the major shareholder and CEO, William Cheng should buy more Parkson shares to give confidence to the market when it is selling at dirt cheap price. Even Vincent Tan buys back his companies shares regularly. Why William Cheng is not doing anything? Wonder why Parkson is not doing share buy back at this ridiculously low price? In fact, with adequate cash flow, they should be buying back 10% of the shares as it will cost pittance to buy at 8 sen a share

Posted by clp72 > 2020-08-06 11:50 | Report Abuse

i guess you have answered your question, parkson does not gave adequate cashflow

Posted by Jeffreyteck > 2020-08-09 09:13 | Report Abuse

Parkson vs XDL, both are at the same price. Both run by Chinese, one by msian Chinese, the latter by mainland Chinese. One lead by oldman, the other by not so oldman. Hopefully both are honest man instead of conman. Both have very high nta and cash rich but are penny stocks for good reasons.
Our choice or both in. Good luck.

Posted by kasinathan > 2020-08-09 13:39 | Report Abuse

Rm0. 15 is coming

Posted by Pen6 > 2020-08-10 11:00 | Report Abuse

RM 1.50 is kambing !!!!! Masak curry lah WC suka !!!!!

Posted by kevinchong > 2020-08-10 20:34 | Report Abuse

大马和香港合拼不只这价钱了。至少200以上

Posted by Pen6 > 2020-08-10 21:13 | Report Abuse

Walau Rendang 点 心 RM2.00 sebiji. WC mesti suka !!!!!

Posted by kevinchong > 2020-08-11 20:43 | Report Abuse

明天一定0.105

Posted by kevinchong > 2020-08-11 20:43 | Report Abuse

明显收票

Posted by kelvin61 > 2020-08-15 01:10 | Report Abuse

Either WC is really stupid or he is getting proxies to buy back Parkson shares at this fire sale price of 8 sen. You don't need to be a Rocket Scientist to do the maths. It is important for the Parkson major shareholder to protect the interest of all stakeholders so that the share price reflect its intrinsic value. It will be irresponsible of the management to not defend the share price by at least performing share buyback when Parkson is selling at liquidation prices. WC you should do the right thing in taking Parkson private or perform share buyback. Too many companies under WC has been delisted because he did nothing to save them. That is being irresponsible as the major shareholder running the show

Posted by Gen2 > 2020-08-15 15:16 | Report Abuse

It is not irrational for WC nor the company didn’t do share buy back at the current pandemic situation, as the use of cash flow now is to save the company of so many employees rather than save the share price.

Posted by Joebkk > 2020-08-17 00:14 | Report Abuse

https://www.theedgemarkets.com/article/malaysian-retail-reits-see-light-end-tunnel?fbclid=IwAR37hkwk0AjJG5SGZ7T7dVnPtxmtB1chBsvHzA7cnakK_4gd1T4QEB1ezho

Posted by Parksonguy > 2020-08-17 00:16 | Report Abuse

Declare high bonus for ceo then declare bankrupt more high chance.

Posted by Jeffreyteck > 2020-08-17 08:15 | Report Abuse

Observing this when it was traded above $5 on China theme. When Xi took over and anti corruption drive intensified, it died immediately. Couple with industry landscape changed totally to online purchase in China, wrong strategic move to expand into Vietnam and Laos, etc, poor management and bod as proven.

Under normal circumstances, don't expect an oldman chief can run faster than a young man. Without Change, no Chance to make any profit.

Only good for trading play. Good luck.

Posted by 5354_ > 2020-08-27 10:52 | Report Abuse

Lousy promoters here.

Posted by 5354_ > 2020-08-27 10:52 | Report Abuse

The Store business is it very good?

Posted by 5354_ > 2020-08-27 10:53 | Report Abuse

Kwantas, The Store can privatise why not Parkson?

Posted by 5354_ > 2020-08-27 10:55 | Report Abuse

Offer 50% NTA(80-90 sen?) to privatise Parkson why nobody suggest to William Cheng?

Posted by 5354_ > 2020-08-27 11:01 | Report Abuse

Kwantas(every QR loss) limit up bec privatise none Parkson shareholders feel jealous?

Posted by 5354_ > 2020-08-27 11:07 | Report Abuse

SBB done before like no use. Privatise Parkson easier and better. Just offer 1 good price like Kwantas or The Store.

Gen2 It is not irrational for WC nor the company didn’t do share buy back at the current pandemic situation, as the use of cash flow now is to save the company of so many employees rather than save the share price.
15/08/2020 3:16 PM

Posted by alex > 2020-08-27 19:12 | Report Abuse

can't understand why parkson still can survive and no close shop yet.. very strong spirit .good

Posted by clp72 > 2020-08-28 09:16 | Report Abuse

KUALA LUMPUR (Aug 27): Parkson Holdings Bhd’s net loss for the fourth quarter ended June 30, 2020 (4QFY20) ballooned to RM209.25 million, from RM92.33 million in the preceding quarter (3QFY20), due mainly to impairment losses on assets.

Revenue contracted 3% to RM677.99 million in 4Q, from RM698.94 billion in 3Q, according to the departmental store operator’s filing with Bursa Malaysia.

The latest net loss compares with a net loss of RM42.13 million a year earlier (4QFY19), on revenue of RM954.32 million.

This is the group’s ninth loss-making quarter. Its last profitable quarter was 3QFY18, when it reported a net profit of RM25.30 million.

For the full financial year ended June 30 (FY20), Parkson’s net loss expanded to RM427.28 million from RM129.18 million a year ago (FY19), as revenue fell 19.36% to RM3.25 billion from RM4.03 billion.

On a positive note, the group said it had posted an operating profit of RM44 million in 2QFY20, compared with the RM57.92 million operating loss recorded in 1QFY20, driven by operations in China.

Operations in the Chinese market saw an uptick in terms of profitability, where it recorded a higher profit of RM89.48 million in 2QFY20, rising 45% compared with RM61.82 million in 2QFY19.

The group said it maintains a positive outlook on the retail industry in China.

With the effective control of the pandemic and the implementation of various measures to stimulate consumer spending, China's retail market has recovered gradually with consumer consumption picking up steadily.

Nonetheless, the group said it will continue to adopt an active and cautious strategy and diversify its business development by exploring various operation models to broaden its income sources.

As for the Southeast Asian region, Parkson said the operating environment is expected to remain challenging, amid competition and the Covid-19 pandemic.

The group has nevertheless taken various measures to weather the impact of Covid-19, as well as the challenges ahead. Much emphasis will be placed on cost containment, improving stores' productivity and optimising operational efficiency to improve results, it said.

Parkson’s share price closed up 0.5 sen or 5.56% higher at 9.5 sen today, valuing the group at RM101.39 million. Some 9.24 million shares were traded. Over the past 12 months, the counter has been trading between seven sen and 26 sen.

Posted by Jeffreyteck > 2020-08-29 08:46 | Report Abuse

It only takes a quater for a listed company NTA turning into negative as proven in the past, eg london biscuits case etc.
ST trading play.
LT negative.
Next Q operating results is expected to be poor too.

Posted by kelvin61 > 2020-09-08 23:45 | Report Abuse

Many major shareholders are taking their companies private. The latest is TAFI a losing concern. So, when is William Cheng going to follow?

Posted by 5354_ > 2020-09-11 06:11 | Report Abuse

Is it William Cheng wait interest rate at bottom to privatise? Parkson is near bottom how about interest rate?

Posted by CountryboyTrader > 2020-09-14 09:29 | Report Abuse

go parkson go .....

Posted by clp72 > 2020-09-14 09:55 | Report Abuse

counter has been undervalued for a very long time, should be trading at a min of 50 cents