Posted by goldmanbull > 2023-09-04 11:19 | Report Abuse

Google search this article (3 parts) = i4 value asia parkson

Posted by goldmanbull > 2023-09-04 11:21 | Report Abuse

One book I strongly suggest to read is "Mastering the market Cycle" by Howard Marks. Cheers!

Posted by Why2TellMeWhy > 2023-09-04 14:00 | Report Abuse

keep calm and collect. Hehe. Many knowledge people buy in. HODL!

Posted by Why2TellMeWhy > 2023-09-06 14:52 | Report Abuse

BEIJING — Consumer spending bounced back in August after a tepid July, according to the China Beige Book’s survey of Chinese businesses released Thursday.

All five categories — apparel, automotive, food, furniture and appliances and luxury — saw a marked increase in sales this month, versus July, the report said.

That’s based on a survey conducted Aug. 17 to 25 of 1,300 businesses, the majority of which were not state owned.

Retail sales rose by a muted 2.5% in July from a year ago, adding to concerns about China’s future economic growth. The National Bureau of Statistics had also released retail sales from services on a year-to-date basis, which was up 20.3% from a year ago. Domestic travel has seen a surge of activity this summer. In a report Monday, Nomura analysts found the seven-day moving average of domestic flights remained more than two times greater than what it was in August 2019.

Posted by Why2TellMeWhy > 2023-09-06 14:54 | Report Abuse

hehe. 3Q PRGL double up? HODL gais!

Posted by godofinvesting > 2023-09-06 16:09 | Report Abuse

SASBADI (5252) – Going to jump 300% to 80 sen?

https://klse.i3investor.com/web/blog/detail/investorjewels/2023-09-04-story-h-240944425-SASBADI_5252_Going_to_jump_300_back_to_80_sen_level

Posted by Why2TellMeWhy > 2023-09-06 16:44 | Report Abuse

@godofi - here parkson bro. Parkson going to jump to nta. come join train.

Posted by FAInvestor > 2023-09-06 16:57 | Report Abuse

Good Parkson close at the highest of the day 275c. This week will close 30c.

Posted by auditorandconsultant > 2023-09-06 18:21 | Report Abuse

价值投资利益最大化的两个方法：

（1）重仓投资在拾荒股票才是股市赚钱的王道 (PARKSON and CLMT)；

（2） 重仓投资在人家看不起眼的二等金融股 (AFFIN)

永远秉持人弃我取那些蒙尘珍珠，还有记得别在股市追求时尚，追求名牌，因为名牌意味着高价格，贵东西！

接下来我会义无反顾的重仓CLMT和PARKSON，将我的投资盈利最大化。

种种原因，我已经在很久前透露在KLSE i3 和 KLSE SCREENER

当然这个才开不久的部落格也是说明很多了！

永远要记得投资股票就是投资未来的价值，投资前景，投资可达到的梦想！

市场很多课程老意味的纠结过去种种的商业亏损，但是没有注重高管理层有没有励精图治，还有一个盲点就是企业失落的因素是属于可控制 (Controllable Factor) 还是不可控制的 (Non Controllable Factor)

最近有点忙，但是我会抽点时间继续帮助大众在拾荒股票路线解密。

真金不怕红炉火！这两个是我早期部署然后重仓的股票，符合上面两大条件，多多益善！

https://devotee-of-john-templeton.blogspot.com/2023/09/1-parkson-and-clmt-2-affin.html

Posted by wallstreetrookieNEW > 2023-09-07 09:18 | Report Abuse

Sell on rebound

Posted by wallstreetrookieNEW > 2023-09-07 09:19 | Report Abuse

This guy @auditorandconsultant is so bad at investing. He always gets his prediction wrong

Posted by wallstreetrookieNEW > 2023-09-07 09:19 | Report Abuse

Auditors are usually bad at investing

Posted by kelvin61 > 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.

Posted by Why2TellMeWhy > 2023-09-07 10:19 | Report Abuse

HODL gais! Don't sell for peanuts. Hehe

Posted by FAInvestor > 2023-09-07 10:54 | Report Abuse

what is the average cost of TTB funds into Parkson ?

Posted by kelvin61 > 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.

Posted by Why2TellMeWhy > 2023-09-07 12:17 | Report Abuse

correct @kelvin61. TTB has doubled up his Parkson holdings from 10.7M shares to 22.9M shares. Hehe. Wait AR 2023 and i think TTB will increase again.

Posted by Why2TellMeWhy > 2023-09-07 12:19 | Report Abuse

1Q and 2Q profit, boss said turnaround dis year, i bet some fund managers took the chance to buy in when it retraced recently

Posted by Why2TellMeWhy > 2023-09-07 12:22 | Report Abuse

you see other funds inside Parkson shareholdings also increase their holdings. hehe

Posted by FAInvestor > 2023-09-07 13:48 | Report Abuse

@Kelvin61, thanks for much for the info. Wow ICAP cost at 1.04 he must have bought it long time ago.

Posted by kelvin61 > 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.

Posted by Why2TellMeWhy > 2023-09-07 16:12 | Report Abuse

@kelvin61 - he rely HODL and taking his time to add. He is managing funds. Cannot h9e all in one stock ba

Posted by auditorandconsultant > 2023-09-07 16:14 | Report Abuse

@Why2TellMeWhy

TTB is no longer performing.

He is now focusing more on China investment

As I know in Bursa, he could not make it already

Posted by Why2TellMeWhy > 2023-09-07 16:14 | Report Abuse

if parkson 3Q come out green - TTB will be smiling dy. NTA on de way and higher. He don need to h9e all in.

Posted by auditorandconsultant > 2023-09-07 16:15 | Report Abuse

This Parkson can go beyond RM1

Give time. I am pretty sure it can

Posted by Why2TellMeWhy > 2023-09-07 16:19 | Report Abuse

@audit - okok. i think no problemo go beyond 1.00. 3Q green, and 4Q, 1Q, 2Q strong quarters. gogogo all de way to next year.

Posted by wallstreetrookieNEW > 2023-09-07 16:20 | Report Abuse

This auditor lost a lot of money from Tune Protect and now he is trying to scam people in Parkson

Posted by wallstreetrookieNEW > 2023-09-07 16:21 | Report Abuse

Posted by @auditorandconsultant

Stock: [TUNEPRO]: TUNE PROTECT GROUP BERHAD

2022-04-28 02:47 | Report Abuse

Today people were panic selling because they have not thought out of box after the news about relaxed SOP was announced by Khairy.

You think top management has never anticipated that due to relax SOP, Covid-19 travel insurance might be not mandatory? If you think that way and with narrow mindset, then you should just sell and dump the shares.

Think bigger and aim bigger. If you think Tunepro must rely only on Covid-19 insurance to survive then you should relook Tunepro's victory in the past when there was no such thing called Covid-19 travel insurance.

Furthermore, Travel insurance covering Covid-19 is not mandatory in certain countries only

Moreover, even if insurance covering Covid-19 is not mandatory, it does not directly mean all passengers will choose not to buy the usual travel insurance and Covid-19 travel insurance at all.

And don't forget public awareness is getting higher, I do not see any direct correlation between the relaxed SOP with insurance business

Because if you relooked in the past, when there was no Covid-19, passengers with higher awareness of protection were still buying travel insurance even though it was optional.

With relaxed SOP，it is even better for Tunepro to relook its strategy to capture the existing market and penetrate new market using new and attractive insurance not limited to travel insurance and insurance covering Covid-19.

Many other initiatives could be done.

Think out of box. If not, you are welcome to dump and my group members will prepare to collect on dip.

Thank you in advance.

Posted by auditorandconsultant > 2023-09-07 16:29 | Report Abuse

@wallstreetrookieNEW

Losses is what you said only....

Tunepro is always in my list

Just need to give them time,

Need time.

Remember, ROM is also not built in 1 day. Give time

Posted by auditorandconsultant > 2023-09-07 16:32 | Report Abuse

Scam or not scam no need you said.

Smart people can read the Q1 and Q2 reports.

Retail profit from China obviously reported Profit.

This is a recovery stock and need patience.

Posted by auditorandconsultant > 2023-09-07 16:33 | Report Abuse

@Why2TellMeWhy

Please always ensure you do not use Margin Account to buy

This counter requires patience and time

If using margin account, this counter might not be suitable for long run

Anyway I trust that you could manage your risk well

Posted by Why2TellMeWhy > 2023-09-07 16:36 | Report Abuse

hehe. i HODL since 0.16. my avg now 0.177. i wont sell for peanuts. i can wait de.

Posted by wallstreetrookieNEW > 2023-09-07 17:25 | Report Abuse

@Why2TellMeWhy
Ok, I know you are very good at mid-cap stock. I followed you on Parkson a month ago. But FYI this auditorandconsultant guy is still bagholding Tune Protect. You go and ask him

Posted by auditorandconsultant > 2023-09-07 17:43 | Report Abuse

@wallstreetrookierNEW

I have temporarily disposed of Tunepro and took profit already long time ago

Will revisit Tunepro in foreseeable future because now tourism is BACK!

I do not need to bagholding Tunepro

I ALL IN AFFIN and CLMT

Parkson will be next as I have no issue in even buying Parkson at 25-27 cents

Now no bullet already ..wait for next month

https://devotee-of-john-templeton.blogspot.com/2023/09/1-parkson-and-clmt-2-affin.html

Posted by auditorandconsultant > 2023-09-07 17:45 | Report Abuse

I am daring to show my portfolio...

Those who follow me long long time will know that

Parkson
CLMT
MBMR
AFFIN

and etc

I shared these few long long time ago in Screener and recently set up my blog to ease the sharing of idea...

CLMT is another GEM

Posted by auditorandconsultant > 2023-09-07 17:45 | Report Abuse

Parkson is a good recovery stock

you may see my quick update right after the most recnt QR

https://devotee-of-john-templeton.blogspot.com/2023/08/parkson-holdings-berhad-exceptional.html

Posted by Why2TellMeWhy > 2023-09-08 08:51 | Report Abuse

@wallstreet - hehe. I know your meaning. tq! i read sharing and facts. i dont follow buy/sell call. I dont hv tunepro.

Posted by Why2TellMeWhy > 2023-09-11 11:09 | Report Abuse

aman dan damai. hehe. gogogo parkson!

Posted by Why2TellMeWhy > 2023-09-12 11:25 | Report Abuse

China tesla sales almost doubled. Consumer spending again? Hehe. 3Q gogogo. giv us a surprise.

Posted by AnonymousJr > 2023-09-12 22:41 | Report Abuse

@goldmanbull, I'm quite impressed with the i4 blog you mentioned/wrote. Hardly people do their research. Good work.

I've had this stock since rm3. price went up & down drastically cause of some newbie investor group. if newbie investors weren't busy "trading", this stock would already be at rm0.50 by now. plain vanilla investing is the way.

Posted by Why2TellMeWhy > 2023-09-13 10:31 | Report Abuse

wowo @anonymousjr - rm3? you dowan average? tan teng boo icapital also double up and average down.

from @kelvin61
@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.

Posted by kelvin61 > 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.

Posted by Why2TellMeWhy > 2023-09-13 11:18 | Report Abuse

https://www.businesstoday.com.my/2023/09/11/wholesale-and-retail-trade-up-7-2-y-o-y-in-july-2023/

Posted by Why2TellMeWhy > 2023-09-13 11:21 | Report Abuse

agree @kelvin61. hehe. gogogo Parkson

Posted by auditorandconsultant > 2023-09-13 23:27 | Report Abuse

AnonymousJr

the i4 Blog you mentioned

The author is Dato Eu Hong Chew, he was the Group CEO of iCity

Dato Eu was on the Board of i-Berhad from 1999 to 2020. As Group CEO, he led its transformation from a digital appliance manufacturer into the developer of i-City, Selangor Golden Triangle. His industry experience included being with Dreamland Holdings Berhad and PA Management Consulting where he was also the Director of Studies for the Cranfield PA MBA Programme in Malaysia. He shares his thoughts at his investment blog i4

Posted by auditorandconsultant > 2023-09-13 23:31 | Report Abuse

陈鼎武ICAP inside Parkson shareholding

Back in 2008, ICAP is holding about 8.7M shares of Parkson and went up to 10.74M by 2020.
In 2021, it increased to 22.94M :)

Total cost of his holdings in Parkson is RM23.78M, divided by the total holdings - it will give you an average of RM1.04 per share.

As is, ICAP's position in Parkson is a paper loss of RM20.34M. All the details can be retrieved from the link below

https://www.icapital.my/announcement/annual-reports/

No need to scare as I think that just give time bah

Posted by auditorandconsultant > 2023-09-13 23:33 | Report Abuse

陈鼎武2021年出手一次了
而且不小数目
可见他非常看好啊
希望2023年底来个10 M继续注入资金
带动市场对
#Parkson 的信心

Posted by Why2TellMeWhy > 2023-09-14 11:00 | Report Abuse

gogogo Parkson!

Posted by auditorandconsultant > 2023-09-14 14:47 | Report Abuse

Dear all,

You may get data from http://v2.dosm.gov.my/portal-main/publication

Department of Statistics Malaysia

Posted by auditorandconsultant > 2023-09-14 14:48 | Report Abuse

I looked at the data source directly from DOSM and it is indeed a good July data.

For department stores like Parkson, its falls under the category of non specialised stores and I typically referenced the retail sales of non specialised stores performance yoy.

For July, its 9% yoy increment. Looking at this data for the last 7 months, it is safe to say that Parkson Malaysia should be trending at mid single digit performance higher compared to last year :) China department stores retail sales data is way stronger though as last 7 months data were at high single digit performance.

Hence, reflected in Parkson China's performance :) Looking forward to Aug's data.