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2014-02-04 18:26 | Report Abuse
@kcchongnz, thanks a lot for your comments to me, it is definitely a very precious encouragement for me. Thanks for your advice as well. I agree strongly that young people like me should save and spend money wisely, and more importantly, to study and learn to invest. As a beginner, I can only start small due to the limited modal. That's why every cent becomes important to me and I have to make sure every single cent would help to grow my "snow ball". (Haha.)
I agree your point of view that young people would prefer Uniqlo than Padini. Anyway, hopefully Padini management will react wisely. Perhaps it is the time for Padini to refresh its brand name to remain competitive.
Thank you for your sharing. I learn so much while reading your analysis and the comments. They are so valuable to me! :)
2014-02-02 16:49 | Report Abuse
Dear all, I am a newbie here and in the stock market as well, would really like learn from you all about the stock investment.
I am targeting for Padini as well. Apart from its good past years performance and sticker price calculation, I am also her loyal and regular shopper. I agree that since the entry of H&M and Uniqlo to Malaysia, they attracted a lot of youngsters and fashion lovers. However, personally I think that Padini will still remain the choice for the youngster, young adults and middle class family.
Reading its Chairman's statement in Annual Report 2013, Padini is targeting young adults who tend to spend a lot but have limited disposable income. I am happy to hear that, simply because I am in the group they target! Of course, we do love to shop H&M and Uniqlo. However, young people like college students or young adults who just starting to work (like me), will still shop at Padini for simple round neck Tee, shorts, sandals, sling bags, etc etc., which are the typical weekend attire. Doesn't it a good sign for the investors who target to Padini?
Apart from that, through my personal experience and chit-chatting with friends about fashion, I realize that Padini apparel designs are more related to the Asian's / Malaysian's style, in term of the size and cutting. I guess this is the advantage for Padini to remain competitive in the sector.
This is my little point of view, I hope this is not a non-sense for you. (Haha!) Do comment or feedback to me, I am happy to learn and discuss. Appreciate! :)
Blog: Stock Pick 2014: Padini Holding Berhad kcchongnz
2014-02-04 22:45 | Report Abuse
@kcchongnz, again, thousands thanks for your advise and generosity! This encourages me very much to move on! I have a long way to improve and a lot to learn. The books and your articles that you recommended must be a treasure for me. Thank you and I promise will study them properly. Thank you! :)