PARKSON HOLDINGS BHD

KLSE (MYR): PARKSON (5657)

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Last Price

0.24

Today's Change

-0.005 (2.04%)

Day's Change

0.24 - 0.245

Trading Volume

1,728,900


15 people like this.

12,929 comment(s). Last comment by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ 1 week ago

MK76

950 posts

Posted by MK76 > 2021-05-12 10:07 | Report Abuse

tq caonima. Close Parkson Indonesia and stop the losses. Parkson Vietnam can close also? Ada chance.

Posted by Sioksiok19 > 2021-05-12 10:30 | Report Abuse

Likely bankruptcy or liquidation proceedings in Indonesia. Not a good sign. Investment all lost !!!

MK76

950 posts

Posted by MK76 > 2021-05-12 10:38 | Report Abuse

I tink good sign. Coz Indonesia and Vietnam in red for many quarters. China and Malaysia profits not enough to cover. Less is more.

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-05-12 10:46 | Report Abuse

Any loss in business or investment is a bad thing for a listed company - NTA will drop when they write off these investment. Also bad news come at the wrong time when the Govt announced MCO for whole country. Only depends on China now which is too risky and also carries high concentration risk. The share price may drop back to the previous level - 9 to 10 sen maybe. Also no reason to hold this counter - better sell and salvage whatever price can get now. For now, rubber glove businesses still make the most money. Just my humble opinion. Trade at your own risk.

MK76

950 posts

Posted by MK76 > 2021-05-12 10:52 | Report Abuse

wokay. Tayor. Gogogo Parkson

Undi_PN

35 posts

Posted by Undi_PN > 2021-05-12 11:09 | Report Abuse

Parkson Indonesia semua boleh tutup?

Posted by humble1102 > 2021-05-12 13:35 | Report Abuse

Agreed with MK76..Indonesia closed down is good thing instead of making losses in long run..

Posted by Skywalker00 > 2021-05-12 21:44 | Report Abuse

The trouble is it’s very difficult to ‘close down’ in Indonesia as the employees rights are very complicated. It cost quite a fortune to do it .

Posted by Skywalker00 > 2021-05-12 21:46 | Report Abuse

That’s why the government made some amendments to it which caused the riot recently

Posted by Skywalker00 > 2021-05-12 21:48 | Report Abuse

Even that not easy... will take years to do it and their fajitas still runs..

Posted by Skywalker00 > 2021-05-12 21:48 | Report Abuse

Gaji

Posted by Skywalker00 > 2021-05-12 21:54 | Report Abuse

Hopefully China strong sales will help.

MF0001

932 posts

Posted by MF0001 > 2021-05-13 15:19 | Report Abuse

FIREWORK STORE INSIDE WAREHOUSE

NOT YET BOOM BOOM BOOM KARH

UNKER HERE NEIGHBOUR

YESTERDAY NIGHT

OREDI BOOM BOOM BOOM

:DDDDDDDDDDDDDDDDDDDDDDDDDDD

MF0001

932 posts

Posted by MF0001 > 2021-05-13 15:20 | Report Abuse

MAYBE 1 DAY

PARKSON ABOVE 0.30CTS SOON

:DDDDDDDDDDDDDDDDDDDDDDDDD

MF0001

932 posts

Posted by MF0001 > 2021-05-13 15:20 | Report Abuse

DAY STILL EARLY

DRUNK TYPING

:DDDDDDDDDDDDDDDDDDDDD

Posted by Skywalker00 > 2021-05-17 02:53 | Report Abuse

All it needs is show some profits and it will be 60cts.... for awhile...

Posted by Skywalker00 > 2021-05-17 02:54 | Report Abuse

Anyone can make out the NTA is made out of what assets?

Mabel

23,217 posts

Posted by Mabel > 2021-05-17 23:45 | Report Abuse

Sold at 25 cents

Waiting to collect at 20 cents

This counter like to Yo Yo...only good for trading ...nothing else...

So we play Yo Yo lah

Meow

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-05-18 10:54 | Report Abuse

Me waiting patiently at 20 sen - it sure will come down to that level soon.

MK76

950 posts

Posted by MK76 > 2021-05-19 14:42 | Report Abuse

korang dh tengok announcement semalam? deconsolidate parkson indon kan? liabilities turun, earnings naik. Harap2 Parkson Vietnam pun tutup.

MK76

950 posts

Posted by MK76 > 2021-05-20 17:06 | Report Abuse

mana semua supporter Parkson?

Posted by Skywalker00 > 2021-05-21 02:46 | Report Abuse

Tunggu la results, klu baik then rocket, klu bad then waterfall.

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-05-21 10:18 | Report Abuse

20 sen already breached but who dare to go in now? May be possible to go down to 15 sen as the impact of covid19 is serious now...

MK76

950 posts

Posted by MK76 > 2021-05-21 12:40 | Report Abuse

wokay. gogogo parkson

Mabel

23,217 posts

Posted by Mabel > 2021-05-21 14:23 | Report Abuse

With MCO.. 15 sen coming

Mabel

23,217 posts

Posted by Mabel > 2021-05-21 14:24 | Report Abuse

Bursa today heavy sell wait..

Will wait and see..

MK76

950 posts

Posted by MK76 > 2021-05-21 15:41 | Report Abuse

15 sen ok 20 sen ok. janji tutup indon dan harga merocket ke nta

MK76

950 posts

Posted by MK76 > 2021-05-21 21:11 | Report Abuse

xde fmco. baru betui camtu. jgn bagi business susah. tangkap je yg x ikut sop

Posted by DaisyWhite92 > 2021-05-21 21:53 | Report Abuse

@skywwalker00 thanks for ur advice.. im already cut loss at 1.5k huhu that’s the highest cut loss im ever made.. but i must too.. since the price likely going down.. Thanks to God Im already get my modal back after 3 days of trade.. hehe

MK76

950 posts

Posted by MK76 > 2021-05-22 12:55 | Report Abuse

Bagus tu @daisywhite92. Power giler. Aku tunggu Parkson merocket. Aku x pandai trade. Beli peram jual.

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-05-22 17:54 | Report Abuse

I also sold earlier at a small loss. Now I think a prudent strategy is to wait...wait for price to drop to a lower & attractive (or better irresistable) level to enter safely. That way you mitigate any potential loss and stand a higher chance of making money. Under the current weak and scary economic condition caused by covid19, there is more likelihood of price going south even though company may be recovering and making profit.

MK76

950 posts

Posted by MK76 > 2021-05-23 15:02 | Report Abuse

Repot Parkson China. Woohoo....


Total operating revenues for the three months ended 31 March 2021 amounted to RMB1,303.8 million, representing an increase of RMB422.7.1 million or 48.0% as compared to the corresponding period of last year.
Same store sales (“SSS”) for the three months ended 31 March 2021 increased by 48.2% as compared to the corresponding period of last year.
The Group recorded total Gross Sales Proceeds (“GSP”) inclusive of value-added tax of RMB3,356.0 million for the three months ended 31 March 2021, representing an increase of 49.2% as compared to that of RMB2,248.8 million for the three months ended 31 March 2020.
Profit from operations for the three months ended 31 March 2021 was RMB117.7 million, a turnaround increase of RMB149.5 million as compared to a loss of RMB31.8 million for the corresponding period of last year.
Profit attributable to owners of the parent for the three months ended 31 March 2021 was RMB0.4 million, as compared to a loss of RMB146.7 million recorded for the three months ended 31 March 2020.

Posted by humble1102 > 2021-05-23 16:15 | Report Abuse

Malaysia, Indonesia and Vietnam?

MK76

950 posts

Posted by MK76 > 2021-05-23 16:31 | Report Abuse

The rest will come next week. Indon Vietnam same same no hope. Malaysia last two quarters ok tis quarter shud be ok. Indon next quarter no more inside Parkson.

MK76

950 posts

Posted by MK76 > 2021-05-24 20:39 | Report Abuse

Next QR xde Indonesia. Cheers to all Parkson supporters

moneykj

6,105 posts

Posted by moneykj > 2021-05-24 21:40 | Report Abuse

Still hold and still at positive position. See tomorrow can get some at 0.19 or not.

Eastern686

510 posts

Posted by Eastern686 > 2021-05-24 23:48 | Report Abuse

Parkson 该公司今日向交易所报备,当季表现逊色归咎于印尼营运录得1亿1700万令吉减值亏损,实则营运盈利录得4800万令吉;上财年同季净亏9233万2000令吉。

MK76

950 posts

Posted by MK76 > 2021-05-25 08:51 | Report Abuse

Good good @moneykj. Byk nak collect low price knowing indon is out in next QR. Parkson 2021 will be profitable. 9 months positive 220M profits and satu quarter lagi. Merocket

moneykj

6,105 posts

Posted by moneykj > 2021-05-25 17:14 | Report Abuse

Aiya...not many panic selling. Some more close unchanged. Disappointed.

MK76

950 posts

Posted by MK76 > 2021-05-25 22:06 | Report Abuse

Hehe @moneykj. I tink no one will sell parkson now with news of Indon close. next qr can green bro. satgi limit up

Mabel

23,217 posts

Posted by Mabel > 2021-05-25 22:27 | Report Abuse

#moneykj Still hold and still at positive position. See tomorrow can get some at 0.19 or not.
24/05/2021 9:40 PM

0.19 to many waiting...

Mabel collected at 0.195...

Let see how far it can go this time..

Yes it's positive for Mabel too

Meow

Posted by Skywalker00 > 2021-05-26 21:41 | Report Abuse

Weird... somehow they want to push it down with Indonesia impairment which was to be in next Quarter supposedly... but tak jadi....

MK76

950 posts

Posted by MK76 > 2021-05-27 07:08 | Report Abuse

dok tunggu ape lagi? sauk je.

MK76

950 posts

Posted by MK76 > 2021-05-28 15:33 | Report Abuse

sunyi je kat sini. Nak merocket baru meriah kut?

Revine

25 posts

Posted by Revine > 2021-05-30 21:20 | Report Abuse

Total lockdown in coming for two weeks and it may be extended more as the case are out of control. Will Parkson survive? Current quarter result is a no-no. And what their management next move will be? Shouldn't they have a meeting of some sort and prepare for the worst? or are they gonna stick to their current business operation without any improvement to maintain profitable?

Do anyone know what they are planning?
Willing to share it?

DickyMe

14,356 posts

Posted by DickyMe > 2021-05-30 21:21 |

Post removed.Why?

MK76

950 posts

Posted by MK76 > 2021-05-31 05:29 | Report Abuse

wakakaka. chance to buy lower!

Leesk

340 posts

Posted by Leesk > 2021-05-31 10:13 | Report Abuse

parkson is old school mgt. Need to rejuvenate the whole team esp william cheng

Valgrovest

1,237 posts

Posted by Valgrovest > 2021-05-31 15:43 | Report Abuse

Wonder who still want to buy this counter - Indonesia big problem, Msian ops incurred losses in last QR and now total lockdown and store cannot open. If still can run, better run. If not, likely to be stuck for a long time.

MK76

950 posts

Posted by MK76 > 2021-06-01 09:25 | Report Abuse

I wan to buy lower. Parkson gogogo. next QR indon deconsolidate. woohooo. Vietnam next plzzzz

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