PARKSON HOLDINGS BHD

KLSE (MYR): PARKSON (5657)

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Last Price

0.175

Today's Change

-0.005 (2.78%)

Day's Change

0.175 - 0.18

Trading Volume

1,630,800


15 people like this.

13,050 comment(s). Last comment by I_like_dividend 2 days ago

Posted by Why2TellMeWhy > 2023-09-22 13:36 | Report Abuse

gud one @audit.

Posted by auditorandconsultant > 2023-09-22 13:38 | Report Abuse

Then you are too short sighted d pang72

Expansion is one strategy

Divestment or closure of non performing BU is another strategy

Both also can be used to unlock value of the Company and to achieve Resource Optimisation

I am not sure if you dont know or you intentionally or pretend not to know

Posted by auditorandconsultant > 2023-09-22 13:40 | Report Abuse

Cost Cutting for non value added Buisness Unit is a good strategy or what we said Turnaround Startegy

if you donnot nvm, others who know will cpntinue to observe and monitor their risk in Parkson by monitoring QR by QR ...

Posted by Why2TellMeWhy > 2023-09-22 14:00 | Report Abuse

hooray tgif. @pang72 you win liao buy 26 sen sell 30 sen. haha njhl.

Posted by Why2TellMeWhy > 2023-09-22 14:17 | Report Abuse

no need hide, bro. Your hype tactics x bole pakai here onli. I no tell others at other stock you trade. Up your ante here next time. Hehe

Posted by Why2TellMeWhy > 2023-09-22 14:19 | Report Abuse

You can diam2 hoot here and diam2 win or share gud info. If no makes sense comment, I tell you x bole pakai.

FAInvestor

222 posts

Posted by FAInvestor > 2023-09-22 19:58 | Report Abuse

Next week will test 32c level

kelvin61

826 posts

Posted by kelvin61 > 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.

kelvin61

826 posts

Posted by kelvin61 > 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.

Posted by auditorandconsultant > 2023-09-25 02:28 | Report Abuse

Why2TellMeWhy

Take care yeah

10月11月闭关了啊,大家加油

只能偶尔出来解释一下,不然很多小白会被骗票

预祝大家顺顺利利,倒数6天,暂时闭关10月11月 to do various M&A Projects,不是偷偷卖啊,先说明。。偶尔会出来提醒避免小白被骗票

Posted by Why2TellMeWhy > 2023-09-25 09:14 | Report Abuse

Parkson 这个星期会继续飞

Posted by Why2TellMeWhy > 2023-09-25 09:20 | Report Abuse

correct @kelvin61 - traders likes Parkson now. hehe. traders come, we rilek and buy low.

Posted by Why2TellMeWhy > 2023-09-25 10:08 | Report Abuse

@kelvin61 - wat you think 3Q result look like?

kelvin61

826 posts

Posted by kelvin61 > 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.

Posted by auditorandconsultant > 2023-09-25 14:04 | Report Abuse

Kelvin

Correct. Q3 is always a lull period for Parkson

Depending on China, it should be able to show a small profit which is better than none

Posted by auditorandconsultant > 2023-09-25 14:04 | Report Abuse

I continue to collect at 0.300 just now and now focus on buying more and average up

RM1 is not impossible

Posted by Why2TellMeWhy > 2023-09-25 14:51 | Report Abuse

tenkiu @kelvin61. 3Q shud price in dy. i continue HODL.

FAInvestor

222 posts

Posted by FAInvestor > 2023-09-25 15:42 | Report Abuse

4Q and 1stQ'24 will be the best. You can expect CNY rally coming.

FAInvestor

222 posts

Posted by FAInvestor > 2023-09-25 15:50 | Report Abuse

Parkson came down from 5.50 and is working hard to go back up.

Posted by Why2TellMeWhy > 2023-09-25 15:52 | Report Abuse

steady gais. HODL!

cedcan

403 posts

Posted by cedcan > 2023-09-25 15:56 | Report Abuse

Wow, finally come, holding so long already

FAInvestor

222 posts

Posted by FAInvestor > 2023-09-25 15:58 | Report Abuse

As I have correctly predicted Parkson will test 32c this week. Sui.

Posted by Why2TellMeWhy > 2023-09-25 16:01 | Report Abuse

keep calm gais. hehe

FAInvestor

222 posts

Posted by FAInvestor > 2023-09-25 16:08 | Report Abuse

At one time Parkson was one of the KLCI counter when the price hit 6.00 many years ago.

FAInvestor

222 posts

Posted by FAInvestor > 2023-09-25 16:11 | Report Abuse

For parkson go back to 1.00 will be easy within next year. So guys hold on to it and don't sell too soon or regret it.

FAInvestor

222 posts

Posted by FAInvestor > 2023-09-25 16:51 | Report Abuse

Good closing 325c sui

Posted by auditorandconsultant > 2023-09-25 16:57 | Report Abuse

很多人average up parkson 是有原因的

据说 Uncle William Cheng 也有叫他的朋友们,香港的朋友,相信不少外资流入进来百盛了

会继续hiong hiong

我要卖屁股,赚快钱,然后all in

可惜没人要

Posted by auditorandconsultant > 2023-09-25 16:57 | Report Abuse

下个月 CLMT 的舞台了

大家记得注意,注意

Posted by goldmanbull > 2023-09-25 21:55 | Report Abuse

Parkson share price has a long way up to catch up with fundamentals. Remember that AEON is trading at PER 15x. Parkson at PER 15x, easily RM1.00. If we discount to PER 10x, easily RM0.60.

Posted by goldmanbull > 2023-09-25 22:01 | Report Abuse

Parkson is a turnaround stock that will give you massive returns with minimum downside risk (proven last 2 quarters to be profitable already)

Posted by goldmanbull > 2023-09-25 22:03 | Report Abuse

For those that are uncertain whether to sell at small profit or hold longer, suggest you look at Padini / Focus Point / Bonia stock returns. You would understand that in Bursa, you can make 2x or more if you give time

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

Why sell a stock so fast, unless you can guarantee that your next investment will make more than existing. Don't have itchy fingers please. I will bring my comments above back when the stock hit above RM0.50. Meanwhile sit back and don't look at daily ticker prices too much. Let compounding do its work. Cheers!

Posted by goldmanbull > 2023-09-25 22:07 | Report Abuse

Last tip for the night: If you want to make money in investment, don't be afraid of volatility. You will never make big money if you keep buying and selling. Trust me.

Posted by auditorandconsultant > 2023-09-26 08:12 | Report Abuse

CLMT ---> REVISED EXPECTATION FORMED ON 5 SEPTEMBER 2023 - To reflect the Divestment of Non-Performing Assets - 3 DAMANDARA

8 - 14 months months from 5 September 2023 (price RM0.540 as of 5 September 2023)

Pessimistic = RM0.750
Optimistic = RM1.000
Beyond Expectation = RM1.200



PARKSON ---> EXPECTATION SINCE Q1 FY2023

12 - 18 months months from 6 September 2023 (price RM0.275 as of 6 September 2023)

Pessimistic = RM0.500
Optimistic = RM1.000
Beyond Expectation = RM1.50 and above





DISCLAIMER:

This post or blog does not constitute BUY/SELL CALLS and it is just for information sharing. The author above won't be responsible for any parties relying on this information for investment decision.

FAInvestor

222 posts

Posted by FAInvestor > 2023-09-26 09:03 | Report Abuse

Parkson open with gap up 345c, now 355 !!! sui

FAInvestor

222 posts

Posted by FAInvestor > 2023-09-26 09:06 | Report Abuse

something is brewing must be pending announcement ?

FAInvestor

222 posts

Posted by FAInvestor > 2023-09-26 09:08 | Report Abuse

OTW 50c

Posted by Why2TellMeWhy > 2023-09-26 09:35 | Report Abuse

Hehe. @pang72 is back.

Posted by Why2TellMeWhy > 2023-09-26 09:42 | Report Abuse

Sorry, bro. You need to up your ante. huhu. Bye.

Posted by Why2TellMeWhy > 2023-09-26 09:52 | Report Abuse

hehe. your hype tactics sudah pecah. you can shout as you like. hehe. you come i get to buy lower again. tenkiu yea. remember to wait for T+3 settlement yea

FAInvestor

222 posts

Posted by FAInvestor > 2023-09-26 10:19 | Report Abuse

Hi Sailang_now, i'm afraid i dont understand what are you saying ?

Posted by Why2TellMeWhy > 2023-09-26 10:30 | Report Abuse

tut tut. hehe. tenkiu @sailang_now. no wonder pang72 was sniped last week. he mau do9 newbie and make money but kena sniped. not sure he will kena sniped again dis week.

Posted by auditorandconsultant > 2023-09-26 10:53 | Report Abuse

Uncle William 的朋友大量买入了

Posted by Why2TellMeWhy > 2023-09-26 13:22 | Report Abuse

gud @pang72. You improve liao. No more nonsense comments. your ego ada improve also. ini macam baru call trader mah.

Posted by Why2TellMeWhy > 2023-09-26 13:26 | Report Abuse

@audit - dis comment hype ooh. you rushing ke?

auditorandconsultant
Uncle William 的朋友大量买入了

mf

29,189 posts

Posted by mf > 2023-09-26 15:26 | Report Abuse

sell

Posted by Why2TellMeWhy > 2023-09-26 15:34 | Report Abuse

hehe. all de while nonsense @pang72. today better dy. you sendiri compare you know. gud job. now you behave like a trader baru betui ma. remember don do9 newbie with your broken hype tactic.

Posted by Why2TellMeWhy > 2023-09-26 15:46 | Report Abuse

huhu. kena sniped again. hehe. told you to up your ante but you dowan listen.
you can pick up before T+3. wakakaka

Posted by auditorandconsultant > 2023-09-26 15:51 | Report Abuse

Why2TellMeWhy
Pang72

It was true. Please look at this morning volume

Not because of big money came in what else can be the reason?

It is normal that many retail investors started to take profit ..so now RED colour is very very common

If you cannot tolerate shaking of share price, then maybe you gonna get used to it

It is a normal process

Posted by auditorandconsultant > 2023-09-26 15:51 | Report Abuse

I will cotninue to monitor and buy

Monitor and accumulate because I do believe in William Cheng's vision

I do believe in gradual improvemnt from 1 quarter to another

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