TP RM3.34.... If it keeps increasing, its going to be overvalued..it is best to take out initial capital and leave the gains to the market and earned dividends =)
if you divide pa dividend with price, the yield is still pretty attractive compared to banks.. and to achieve same rate with banks, the price is at 3.27
Agree with @mamatede. If you don't have place to park your money yet. Padini not a bad place to park the money and get the dividend. At this price the rate still slightly higher then FD. Bear in mind that the bank rate will be drop or adjust soon. Sorry I can't recall where I read that.
This counter is for long term investment, we earn more if we keep the share. Those who like to play hit and run may earn also, but not as much as those long term investors, that's why some are hoping the share to drop and Q at 244.
Fully valued.. Sell when good px... Dun overconfident... Fashion n brand counter is cyclical.. Whenever, there newer nicer brand n fashion, consimer wil change taste very fast
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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....
Superb99
6,599 posts
Posted by Superb99 > 2016-09-01 12:05 | Report Abuse
ya, good counter