U guys look full of confidence that padini will be dilivering a fantastic reports tomorrow. Hope u guys will get what u hope for, special dividend, bonus ......
Haha... Many theory sharing about stock investment. Base on last two years history the QR should be announce these few days. Longer history could drag to end of the month. Regardless the result Padini still a long term investment focus counter. So far I only sell once for the past 4 years ++ I hold this counter. Just small portion for my wife birthday gift as my bonus get delayed haha. If not then I will just buy and not sold as I treat this my second EPF retirement. Hehe happy trading guys!
2.3 with the dividend 4%+ is better than FD, this year revenue will be better than Uniqlo and H&M and Voir. Design of clothing improved, price of products competitive. Customer queue to pay, CASH business.
Year-on-year, revenues for the quarter under review have risen by nearly 21% (RM58.7 million). This increase was driven mainly by strong growth from existing stores (18% and 9% respectively for the Padini Concept Stores and the Brands Outlet stores), as well as by revenues generated from new stores opened. Compared to the previous year’s corresponding quarter, the quarter under review had an additional 5 Padini Concept Stores and 8 Brands Outlet stores in operations. The greatly improved revenues had certainly been timely. The considerable weakening of the Ringgit vis-à-vis the Chinese Yuan and the US Dollar during the second half of the 2015 calendar year had driven up the costs of our merchandise. As we have kept our retail prices largely unchanged, the gross margins earned during the quarter under review have also contracted by about 2.8% year-on-year. Despite the lower gross margins earned, profit before taxation for the quarter still grew year-on-year by nearly 18.8% (RM7.3 million) to RM46.3 million on the back of the expanded revenues and the smaller increase in operating expenses.
Performed as expected. With 4 Sen this quarter it is better than putting money in FD. Now expecting next quarter to pay the same or perhaps bonus share. Should easily worth more than RM3 now.
HEIM2016, i agree with you and also bought some during 1.3~1.4. Many ppl comments that padini unable survive due to GST implementation, competition from H&M, Uniqlo and etc... Time proven that padini management able to handle the crisis well
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
cjcj
104 posts
Posted by cjcj > 2016-05-17 15:02 | Report Abuse
buy before it is too late.