Posted by Skywalker00 > 2022-06-17 16:47 | Report Abuse

Anyone knows where the loan money taken a few yrs ago . 2 billion plus... masuk whose pocket?? Guess the bosses cashed out Dee..

Posted by fregend > 2022-06-28 11:15 | Report Abuse

Very quiet lately

Posted by DickyMe2 > 2022-07-08 10:55 |

Post removed.Why?

Posted by Mabel > 2022-07-12 23:52 | Report Abuse

Quiet because DickyMe want to buy panties at Parkson. Unfortunately sold out..

That's why he's coming here complaining

Meow

Posted by Icon 888 > 2022-07-16 03:34 | Report Abuse

Simpan cash

Posted by Mabel > 2022-07-20 23:22 | Report Abuse

Simpan cash no use. How much FD gives you?

Posted by Newbaby > 2022-07-28 15:57 | Report Abuse

weakup？

Posted by Mabel > 2022-07-29 09:12 | Report Abuse

So Nice...Finally our Parkson is moving with great volume..

Now on P3...

Meow Meow Meow

Posted by 林 冠英 > 2022-07-29 09:25 | Report Abuse

Wow ! Engine start ! Go go go

Posted by damiel92 > 2022-07-29 09:27 | Report Abuse

shopping shopping

Posted by Wilsonleong8888 > 2022-07-29 22:18 | Report Abuse

Engine start but gostan ….

Posted by Mabel > 2022-07-30 23:13 | Report Abuse

Haha So funny ...hihihi

Posted by chesslim > 2022-08-08 22:45 | Report Abuse

记住，当别人恐惧时你要贪婪。

Posted by HaiLiDeYu > 2022-08-19 17:28 | Report Abuse

Parkaon another red red quarter?

Posted by Mabel > 2022-09-01 12:25 | Report Abuse

Is the result out?

Posted by Michael Kwok > 2022-09-03 18:34 | Report Abuse

The big meow.dun buy parkson yet.let put downgrade to 8-8.5 cents
Price 13.5 cent.
3/9/2022 6.35 pm

Posted by HaiLiDeYu > 2022-09-04 15:22 | Report Abuse

Result out ady meow... red red as expected... due to China operation... can meow and keep for long time ah?

Posted by Mabel > 2022-11-01 23:12 | Report Abuse

Hahaha Mabel will hold..

Parkson got good selection of panties..

Life time supplies

Posted by davidkkw79 > 2022-11-24 21:39 | Report Abuse

Why keep decreasing in revenue ?
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3309465

Posted by goldmanbull > 2023-01-06 15:32 | Report Abuse

Next two quarters will be good due to China reopening, Christmas and CNY festive season

Posted by goldmanbull > 2023-01-27 11:59 | Report Abuse

This year will be the year for consumer industry. In particular, the China economy will boom. Mark my words.

Posted by speakup > 2023-01-30 10:59 | Report Abuse

wah tiba tiba up
our SC & Bursa sleeping on the job as usual

Posted by pinetree88 > 2023-02-03 09:41 | Report Abuse

Got in at 0.16. Chart looks good to spike up.

Posted by talhahsuhaimi > 2023-02-08 07:10 | Report Abuse

TP?

Posted by Wilsonleong8888 > 2023-02-09 21:51 | Report Abuse

One day show only lol…

Posted by kelvin61 > 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.

Posted by speakup > 2023-04-28 07:48 | Report Abuse

https://www.theedgemarkets.com/node/664933
how the once mighty Parkson has fallen

Posted by TripleMMM > 2023-05-15 14:46 | Report Abuse

Sorry to say, I think Parkson will bankrupt in the next 5-10years if no any transformation or new strategy

Posted by kelvin61 > 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.

Posted by Stocks888 > 2023-05-24 17:50 | Report Abuse

Esok naik naik naik!!! QR Banyak Cantik !

Posted by UnicornP > 2023-05-24 20:05 | Report Abuse

Chart also nice. Just that today kena sapued a bit.

Posted by speakup > 2023-05-24 21:09 | Report Abuse

besok limit up?

Posted by amilytay > 2023-05-25 07:26 | Report Abuse

cash in bank 1.43bil from 1.29bil. NTA @1.34 with current price only 15cts?

Posted by speakup > 2023-05-25 09:20 | Report Abuse

Wahhhhh up like mad

Posted by speakup > 2023-05-25 09:21 | Report Abuse

Guess Parkson stores must be full of ppl. Nanti lunchtime I check Parkson near my ofis

Posted by nicholas99 > 2023-05-25 09:22 | Report Abuse

QR ok kua.. since lately many holiday.

Posted by UnicornP > 2023-05-25 10:02 | Report Abuse

Wallop @ 175

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-05-25 12:00 | Report Abuse

Ratios & Margins Parkson Holdings Bhd
All values updated annually at fiscal year end
Valuation
P/E Ratio (TTM) -
P/E Ratio (including extraordinary items) -
Price to Sales Ratio 0.05
Price to Book Ratio 0.10
Price to Cash Flow Ratio 0.50
Enterprise Value to EBITDA 7.62
Enterprise Value to Sales 1.16
Total Debt to Enterprise Value -
Total Debt to EBITDA 10.34
EPS (recurring) -0.11
EPS (basic) -0.10
EPS (diluted) -0.10
Efficiency
Revenue/Employee -
Income Per Employee -
Receivables Turnover -
Total Asset Turnover 0.32
Liquidity
Current Ratio 0.88
Quick Ratio 0.72
Cash Ratio 0.54
Profitability
Gross Margin +15.80
Operating Margin -3.58
Pretax Margin -5.41
Net Margin -4.08
Return on Assets -1.29
Return on Equity -7.48
Return on Total Capital -1.44
Return on Invested Capital -
Capital Structure
Total Debt to Total Equity -
Total Debt to Total Capital -
Total Debt to Total Assets 51.56
Interest Coverage -
Long-Term Debt to Equity -
Long-Term Debt to Total Capital -
Long-Term Debt to Assets 0.42

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-05-25 12:10 | Report Abuse

Parkson dipped into the red in FY2015 and remained loss-making for the next six years. The group was highly geared as at FYE2021P with a D/E of 2.75.

As at 31 December 2021, Parkson operates a total of 38 department stores in Malaysia, 45 stores in China and 4 stores in Vietnam. Parkson’s retailing operations in Indonesia were carried out by PT Tozy Sentosa, which is now in bankruptcy and is no longer controlled by the group. Parkson is also engaged in other business activities such as consumer financing, operation of food & beverage, as well as investment holding.

Parkson Malaysia has 38 stores as at 31 March 2023.

As at 31 March 2023, the Group has a network coverage of 43 stores in 29 cities across China.

The subsidiary in Vietnam had decided to take steps to cease operations in its last remaining store in Vietnam and had on 28 April 2023, filed an application for the commencement of voluntary bankruptcy proceedings.

Results of the Others division were mainly derived from the consumer financing business, operation of food and beverage business and investment holding. For the 3 months ended 31 March 2023, the division reported a higher revenue of RM16 million with an operating profit of RM0.1 million as the Group's consumer financing business and bakery operations continued to deliver positive growth in performance.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-05-25 12:12 | Report Abuse

The Group strives to enhance its operating efficiencies and cost improvements strategies, besides continuing to diversify the income sources to fully seize the opportunities, and promote long-term sustainable development of its businesses.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-05-25 12:14 | Report Abuse

9.9.2022

Proposed disposal by Qingdao No. 1
Parkson Co., Ltd., an indirect 95.91%
owned subsidiary of Parkson Retail Group
Limited ("PRGL") which is in turn a 54.97%
owned subsidiary of the Company, of the
properties in Qingdao City, Shandong
Province, the People's Republic of China
("PRC") with an aggregate construction
area of approximately 76,013 square
metres, at the consideration of Rmb280
million (equivalent to approximately
RM180 million) ("Disposal")

Status
The shareholders' approval for PRGL on
the Disposal had been obtained on 28
October 2022.
The Disposal is pending the fulfilment of
conditions precedent.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-05-25 12:22 | Report Abuse

Borrowings and Debt Securities

RM "000
Date 31.3.2023 31.3.2022
Total non-current loans and borrowings 1,388,320 1,397,784
Total current loans and borrowings 314,576 284,064
Total loans and borrowings 1,702,896 1,681,848


RM "000
Date 31.3.2023 31.3.2022
Total equity 2,550,980 2,453,065
Total liabilities 6,320,638 6,439,692
TOTAL EQUITY AND LIABILITIES 8,871,618 8,892,757
Net assets per share attributable to owners of the parent (RM) 1.34 1.29

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-05-25 12:27 | Report Abuse

RM "000
Date 31.3.2023 31.3.2022
Non-current liabilities
Deferred tax liabilities 115,811 126,149
Loans and borrowings 1,388,320 1,421,800
Long term payables and provisions 22,922 22,634
Lease liabilities 2,240,017 2,329,785
NCL 3,767,070 3,900,368
Current liabilities
Payables, other liabilities and provisions 1,245,214 1,266,211
Contract liabilities 408,276 414,305
Loans and borrowings 314,576 317,050
Lease liabilities 543,421 516,887
Tax payables 42,081 24,871
CL 2,553,568 2,539,324
Total liabilities 6,320,638 6,439,692


Current assets
Inventories 350,125 386,831
Receivables 544,565 480,248
Investment securities 59,510 68,477
Deposits, cash and bank balances 1,433,300 1,290,200
2,387,500 2,225,756
Non-current assets classified as held for sale (@) 48,356 192,933
CA 2,435,856 2,418,689

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-05-25 15:56 | Report Abuse

Interest Expense

RM '000
FY 1Q 2Q 3Q 4Q 5Q 6Q

2016 (30,164) (30,105) (29,121) (27,039)
2017 (29,598) (26,761) (30,645) (29,694)
2018 (30,488) (30,564) (31,233) (37,718)
2019 (36,053) (37,812) (36,200) (40,069)
2020 (120,770) (131,589) (121,653) (111,517)
2021 (105,351) (106,249) (105,329) (103,651) (95,651) (92,854)
2022 (85,904) (89,501) (93,041) (101,036)

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-05-25 15:58 | Report Abuse

From 2020 to 2022, the interest expenses of Parkson increased substantially. This coincided with the period of the Covid pandemic.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-05-25 17:12 | Report Abuse

Date Jun 2016 Jun 2017 Jun 2018 Jun 2019 Jun 2020 Jun 2021
Long Term Loans 107,577 175,052 1,967,453 2,307,400 4,926,111 2,808,908
Overdrafts&Oth Borrowings 524,511 2,521,709 530,850 189,268 1,054,203 1,831,230

Posted by AnonymousJr > 2023-05-25 19:17 | Report Abuse

Time for Parkson price to start reflecting its value. Has anyone checked how much rental 1 of Parkson new building is being rented out? do the math. This stock seriously way too cheap.

Operators/market makers who keep trying to manipulate is going to get sued in a class action by minority shareholders if you don’t stop trying to depress Parkson’s price. Or their identities/employers revealed in social media. Parkson price has been depressed to the absolute maximum ridiculous price. Time to stop and make money from normal market operations, plain vanilla investment; buy and keep and let everyone keep buying, finally allowing Parkson to gain back its value. You can sell your stake slowly once price is past RM1.

Posted by newbie5354_ > 2023-05-26 04:12 | Report Abuse

16 sen Parkson is it like roar? No wonder PM-X many condemned nowadays.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-05-26 08:01 | Report Abuse

Parkson has gone through a very challenging phase. Growth can be good and can also be very bad. It's expansion into Vietnam and Indonesia required lots of new capital and its shareholders would be glad to see these wound up to stop further bleeding and financial stress.

Over the decades, Parkstone has disposed various assets and closed down unprofitable outlets. It introduced new businesses (beverages, food, lifestyle), hoping to rejuvenate its business.

It still carries a huge amount of debt and its profit before tax just can about service its interest expense.

The latest quarter shows a profit and that is a good relief for Parkson which has reported losses after losses for so many quarters and years. Hopefully, this is sustainable.

With increasing interest rate environment and its huge debts, its turnaround remains a very challenging task indeed.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-05-26 08:08 | Report Abuse

31.3.2023

RM millions
Total Long Term Debt 3628.34
Long Term Debt 1388.32
Capital Lease Obligations 2240.02


Total Equity. 2550.98