PARKSON HOLDINGS BHD

KLSE (MYR): PARKSON (5657)

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Last Price

0.29

Today's Change

0.00 (0.00%)

Day's Change

0.285 - 0.295

Trading Volume

10,851,200

Overview

Market Cap

333 Million

NOSH

1,149 Million

Avg Volume (4 weeks)

14,096,226

4 Weeks Range

0.255 - 0.355

4 Weeks Price Volatility (%)

35.00%

52 Weeks Range

0.115 - 0.375

52 Weeks Price Volatility (%)

67.31%

Previous Close

0.29

Open

0.285

Bid

0.29 x 995,700

Ask

0.295 x 2,199,100

Day's Range

0.285 - 0.295

Trading Volume

10,851,200

Financial Highlight

Latest Quarter | Ann. Date

30-Jun-2023 [#2] | 23-Aug-2023

Next QR | Est. Ann. Date

30-Sep-2023 | 24-Nov-2023

T4Q P/E | EY

-8.14 | -12.28%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

1.28 | 0.23

T4Q NP Margin | ROE

-1.94% | -2.78%

Market Buzz
Company Profile

Sector: CONSUMER PRODUCTS & SERVICES

Sector: CONSUMER PRODUCTS & SERVICES

Subsector: RETAILERS

Subsector: RETAILERS

Description:

Parkson Holdings Bhd is a Malaysian based company which is engaged in operating and managing departmental stores. Its brands include "Parkson" and "Centro". The stores offer well known international brands of fashion and lifestyle related merchandise. Parkson operates its business in segments namely Retailing and Property. Major part of its revenue is from the Retailing segment. It carries its retailing business in four geographical areas including Malaysia, China, Myanmar and Indonesia. The company generates its revenue from operation of stores, which comes from China.

Discussions
15 people like this. Showing 50 of 12,976 comments

pang72

Wait 26c then buy...
It is tmr because global sell down now

1 week ago

pang72

Big funds clear off all parkson since yesterday because China uncertainty..

1 week ago

Why2TellMeWhy

psst @pang72 - steady sikit. starting to not make sense again. put your ego aside and focus on your trade monitor. hehe.

1 week ago

auditorandconsultant

#Parkson

百盛在神州大地的发展蓝图

China ops will be the key for Parkson growth.

There's plan lined up for the next few years starting with

(1) Nanchang County, Jiangxi Province, expected to be in the fourth quarter of 2023

(2) Mianyang Fulin Parkson Plaza Co. Ltd. to open a supermarket in the fourth quarter of 2023

(3) Shanxi Parkson Retail Development Co. Ltd. to open a third store in Datong City, which is expected to be launched in the second half of 2024

(4) Mianyang Fulin Parkson Plaza Co., Ltd., to open 5th store in the first quarter of 2026

百盛的发展蓝图,还有很多。

那么多发展,百盛继续创造奇迹。

若继续爆料parkson 的宏图大志到2030年,股价都不懂会怎样呢?

To be honest, I do not intend to be selfish. The above are solid development and it reflects successful turnaround strategy carried out by the top management of Parkson

I will collect more and more. I believe in William Cheng's leadership and importantly his vision 2030.

To me RM1 is not impossible. Continue to top up from day to day before the price breaks 40 cents soon!

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.

1 week ago

Stock4Real

Run from parkson

1 week ago

auditorandconsultant

For value shareholder, I believe the existing price has already reflected the upcoming Q3 performance in which it might not be impressive or worst case, loss making due to Q3 is a lull period for Parkson

Nonetheless, I do believe in the leadership of WC. Temporary losses in Q3 or maybe mediocre performance will not change my mindset to continue supporting WC.

Believe in what you have executed and ask yourself why you invested in parkson at the 1st place.

To me, I visualise the Vision set by WC. I do believe that resources optimisation and tunraround strategy executed by WC has been successfully brought significant improvement to Parkson group as a whole

I will continue to collect without FEAR without FEAR without REGRET

I will regret if I have not invested in Parkson today

1 week ago

auditorandconsultant

One of the very obvious reason on why I invested in Parkson is that one of the sub group of Parkson had successfully delivered an impressive result!

Let's recall

Parkson Retail Group Limited reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 1,961.22 million compared to CNY 1,768.86 million a year ago. Revenue was CNY 2,218.22 million compared to CNY 1,993.42 million a year ago.

Net income was CNY 63.09 million compared to net loss of CNY 181.79 million a year ago. Basic earnings per share from continuing operations was CNY 0.024 compared to basic loss per share from continuing operations of CNY 0.069 a year ago. Diluted earnings per share from continuing operations was CNY 0.024 compared to diluted loss per share from continuing operations of CNY 0.069 a year ago.

1 week ago

pang72

Make sense mah... 30.5 minus 5c
Target 25.5c

1 week ago

pang72

Is my calculation wrong?
Mr, Why... Please point out mana salah adui......?

1 week ago

pang72

Stock4Real

Run from parkson

23 minutes ago

YES! FINISHED LIAO.

CUT LOSES AND GO

1 week ago

pang72

Why2TellMeWhy

355 high low 305. huhu. 5 sen ngam2.

5 hours ago

35.5 minus 5 to 30.5c
30.5c minus 5c become 25.5c-> Why wrong leh?
Please comment!

1 week ago

pang72

Mr Why, you become very blur now..
Your mathematics got problem liao...
Don't panic.... 25. 5c then panic...
Friday always panic sell...

1 week ago

pang72

Parkson China stores closing one by one...
How to sustain the business?

JAYA grocery open stores by stores expansion then worth for invest mah..
But, not listed yet...

Simple way to analyse the good company by visiting the store... Nearby...

1 week ago

pang72

If you can not sleep well then drink more beer... So you will not panic to see 25.5c as your formulas always work

1 week ago

auditorandconsultant

Pang72

I am not sure why you are so pessimitic about the closure of stores.

As I said before closing non performing store is a good turnaround strategy so as to unlock value and optimise resources

if you are fearful, please sell your ticket since you are profit making now

1 week ago

auditorandconsultant

Anyone can tell me the idea or logic on why Uncle Cheng continue to expand and open store in China

Signing Lease Agreement for Fun? Or Burn money?

Do not forget Parkson HK had already started to pay dividend last Q.

I look forward to better performance of Parkson

To those who are lacking confidence, you are welcome to SELL all your shares..

We are mentally and phycially prepared to accept if stock price plummet.. it is okay..tomoro will still continue with more buying

1 week ago

pang72

Consultant,

Please look at this comment with word SCARED!

Why2TellMeWhy

huhu. i no buy ah. my last buy was 0.26 when you appear de last round mah. my avg still below 0.20. last week and dis week you come i no buy yet. i scare kena sniped 2 times like you.

1 day ago

1 week ago

Zazzyy

is there a bipolar person here pangsai while eating ?

1 week ago

pang72

No!

1 week ago

pang72

To be exact is eat your pangsai

1 week ago

pang72

auditorandconsultant

Pang72

I am not sure why you are so pessimitic about the closure of stores.

As I said before closing non performing store is a good turnaround strategy so as to unlock value and optimise resources

if you are fearful, please sell your ticket since you are profit making now

22 minutes ago


CONSULTANT,
PARKSON IS SO GOOD. NOTHING TO FEAR ABOUT

1 week ago

pang72

Why2TellMeWhy

psst @pang72 - steady sikit. starting to not make sense again. put your ego aside and focus on your trade monitor. hehe.

2 hours ago

DON'T KNOW WHAT NONSENSE YOU TALK ABOUT..
MY TRADE AND NONSENSE ALWAYS NOT RELATED

1 week ago

Why2TellMeWhy

@Zazzyy - u r right, bro. I tell him up his ante, he go bipolar. Kena sniped twice become 走火入魔. U gais can see his comment. Wait n see how he kena snipe again. Hehe. Karma for do9 newbie

6 days ago

Why2TellMeWhy

@pang72 - my matematik no prob, bro. U become Parkson charm now. U sound here Parkson drop n semua get to buy low. U wan earn quick money with ur broken hype tactic here? Aiyoyo. U no use trade monitor kah? Huhu. U bukan no use trade monitor, u use it, buy it, and then, nonsense hype start. Wakaka. Sudah pecah bro! Ok mah u earn 2 bids and newbie earn 10 bids.

6 days ago

pang72

Mr Why, I am not 走火入魔..
As I say, you talk nonsense, I talk nonsense...
Simple as that..

6 days ago

pang72

Pecah apa..
Don't know what you talkibg about for stock, business,...
Kaki kankang tgen boleh pecah...

Good business will not pecah...
Good business is profit improve!

6 days ago

pang72

I hope you stop your nonsense talking....

6 days ago

pang72

You can continue aiyouo, wakaka, or huhu...
Your nonsense is very annoying to others

6 days ago

pang72

Why2TellMeWhy

@Zazzyy - u r right, bro. I tell him up his ante, he go bipolar. Kena sniped twice become 走火入魔. U gais can see his comment. Wait n see how he kena snipe again. Hehe. Karma for do9 newbie

9 hours ago

I DON'T BELIEVE CURSING PEOPLE KENA SNIPE CAN BRING YOU GOOD LUCK. REMEMBER THIS!!

YOU NEED TO MORE CHARITY AND HELP. PEOPLE...


6 days ago

pang72

This Mr Why is another one in i3 走火入魔..
I have long didn't argue with people in i3..
I like to stop arguing to continue focus in stock investment.
I can make it... I comfortable with my investment recently...

6 days ago

Why2TellMeWhy

gud job gais. don chase high when hear hype sound. jgn lupa risk management gais b4 3Q. rilek sat. operator dah 2x risk management - tiang 29 Ogos & tiang 26 Sep.

5 days ago

silentWolf

China Economy Improved Further in September, Satellite Data Show
(Bloomberg) -- China’s economy showed signs of a stronger recovery in September, according to a firm analyzing the global economy using satellite data. Activity around Chinese shopping malls remained at relatively high levels in September following an increase in August, according to SpaceKnow, a US company that analyzes satellite images. A pickup in cement manufacturing, which began in June, was also sustained through this month, the data show.

“We are in the ‘early signs of recovery’ team,” said Jan Pintera, an economist at SpaceKnow. He said satellite imagery showed a “positive direction for the Chinese construction sector” and “renewed consumer confidence.”

The company also compiles a new orders prediction benchmark, which combines several satellite image-derived activity indicators to create a forecast of orders in China’s official manufacturing purchasing managers index. The guage rose to 51 in mid-September, up three points from the level a month before, according to SpaceKnow.

However, SpaceKnow’s most recent data on cement production show activity low compared to 2021, Pintera added, suggesting the years-long property slump remains a drag on construction. Activity around malls also saw a daily peak at the end of August, and has weakened slightly since.

Questions remain about whether a pickup in growth recorded in official data for August can be sustained, given ongoing weakness in the property sector.

Morning Consult’s index of Chinese consumer sentiment preserved most of the previous month’s gains in September, but weakened slightly.

Other indicators suggest China’s economy gained momentum in recent weeks. World Economics’s all sector Sales Growth Index for China increased to 53.1 in September, a six-month high.

The Emerging Industries PMI, which some economists see as a leading indicator for China’s official manufacturing PMI, increased to 54 in September from 48.1 the previous month.

Based on those indicators as well as seasonal factors, Goldman Sachs Group Inc economist Hui Shan predicts China’s manufacturing PMI will rise to 50.2 in September from 49.7 in August.

That would be the first reading above 50, which marks an expansion in output, since March. The PMI figures are due to be released on Saturday.

“Looking ahead, we expect the recovery to continue on the back of three tailwinds: the recent shift in fiscal stance, the stabilization in exports and the property policy put,” Larry Hu, Macquarie Group Ltd.’s chief China economist, wrote in a note.

5 days ago

auditorandconsultant

Thank you silentWolf because I am about to share the link also...I read Yahoo news also

5 days ago

auditorandconsultant

稳稳的,慢慢买着上

5 days ago

silentWolf

想想好像先加一点吧,要不然在上了就又在后悔。0.365好像很好是下一个要break的是吗?

2 days ago

FAInvestor

Open with gap up at 315c. Sui

2 days ago

Leoleo

always gap up to screw those chase high. many times already since last year.

2 days ago

FAInvestor

Hope that it could maintain and close at 32c today.

2 days ago

Why2TellMeWhy

@Leoleo - do risk management if dowan kena snipe. last yr and dis yr no same. HODL!!!

2 days ago

Why2TellMeWhy

dis year 图表走势还蛮不错的. don chase high when hear hype sound. hehe

2 days ago

FAInvestor

Flushing weak holders

1 day ago

Why2TellMeWhy

chase hype = kena snipe. 290 gogogo

1 day ago

Leoleo

wakakaka

1 day ago

Why2TellMeWhy

gud job gais yg dah risk management. enjoy kopi and ready tambah nasi. hehe

1 day ago

AnonymousJr

Newbie investor group need to stop “managing” and let the stock go back up to its real valuation.

Parkson is profitable this year, owns new buildings/malls built and owned by Parkson and management has been positively influenced by the new generation members of the founding Cheng family. I expect continuous innovations to continue. i find their Facebook page in Malaysia quite impressive among numerous other things. Their credit operations has been expanding. Laws are being enacted for small online businesses which will enable big business to have a higher advantage in terms of costs. All positive for their business going forward.

All in target 0.50 in the short term.

16 hours ago

AnonymousJr

Wonder how much $ leader of newbie investor groups getting from bigger fund? Happily big funds get to collect now at low prices with reasonable volume.

16 hours ago

Why2TellMeWhy

@anonymous - HODL! keep calm and collect. trader come and go. normal de. when u see hype just rilek. never fail recipe.

15 hours ago

Why2TellMeWhy

@sailangnow - finish sniping dy. u see no more hype comment. hehe

15 hours ago

Why2TellMeWhy

i ok with whales snipe de. i can tambah nasi. no hype no rush comment dy. kena snipe kao2

15 hours ago

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