From my point of view, Padini is definitely an oversold stock now at this current price with it's healthy cash flow and it's top brand of fashion in Malaysia! Btw, I'm still holding below RM2 and suddenly notice it drop from the peak of RM2.9+...but I'm truly believe it will break it's previous peak for the coming years! :)
@richboy oversold yes. But it's rather cyclical on profit taking. Rough guestimate the last time this happen; it should go on a roughly Rm2.0 to rm2.3 trading band before popping again.
and if the numbers still solid moving forward it'll still be a good dividend stock. The NTA is still rather low becoz of the dividend policy.
And seriously between you and me; i don't find Padini concept store particularly happening. The materials are rather poor but on the plus side they're cheap.
Secondly, the products placements are fairly messy. (i.e. a concept); u walk abit; guy's stuff; then somemore female stuff..
share price fluctuates as usual, but eventually will be back to the price that what it worth, buy if you think is undervalue, and sell if you think is overvalue, as simple
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....
yefeng
37 posts
Posted by yefeng > 2017-01-16 14:20 | Report Abuse
padini use PE 10 to calculate tp?hahaha……