Hepitrade..this counter can give you 7% dividend per year. (11.5/164)-estimated. If you have 1 million in cash, it can generate 70, 000 in cash for you every year. That is given the price do not appreciate but it will..given it's consistent earning. Moreover, it is a stable stock as it has strong fundamentals. That said, I would not put any hope of appreciation in price tomorrow. The market seldom work rationally and it's still in a downtrend with no sign of strong support and volume. It might even go down tomorrow. As long term investor, you know what to do.
Don forget the 10% share buy back which would improve the EPS, NTA and DY by 10%. That should happen after the AGM after end of this month. Reload when it is still low before the AGM. Do not miss the boat.
Really curious why ppl like to look at the technical graph when fundamental results already out. No offence, just feel that fundamental still the root of capital gain.
Yes Kevin, I doubt so much on Technical graph. Sometime technical graph may not the result of investing the stock or what, as market less looking into this stock. Padini, a nice counter to hold.
long time no here lol....padini gd stock. ppl are looking the whole fy profit drop but less of them are realizing that the q3 n q4 earnings is increasing. so? the new shoplotssss start contribute. next year will be beautiful fy. 13/09/2013 01:46
haha i dono vry much about TA, i jz use simple TA that i found quite ok.. able to determine bottom so i bought it b4 news out hehehe... but jz simple TA la...still fundamental is crucial.
still dun disregard the TA yet...as stockcrazy mentioned earlier, strong resistance at 1.77 and 1.82, still true mar, roadblock at 1.78 jo...but like kevin5059 mentioned, dun sell until 2.00! haha
JF Apex Research is maintaining its target price for Padini at RM1.87, pegged at 12 times FY14F earnings per share.
“We advocate investors to accumulate the counter on the current share price weakness,” it said on Tuesday.
JF ApexResearch said it favoured the group’s strategy of taping into value-for-money product market via Brands Outlet to shield the group from the headwind of weaker consumer sentiment as the segment would be relatively unfazed by the lower purchasing power of consumer.
It seem like someone trying to block the price at 1.80 to prevent it goes further up, so that they can buy at lower price during the 10% share-buy back.
Haio pay 9 sen in 2012 and 16 sens in 2013. The only different are the price of the stock :-) also the business model is different therefore profit margin different.
Simple calculation as of today. 10000 units Padini - cost: RM1.77 * 10000 = RM17,700 10000 units Haio - cost: RM2.64 * 10000 = RM26,400
Dividens recveived so far: Padini - 10.5 sens Haio - 16 sens
Of course you can goes more details like price different from time to time. ALSO very important the capital growth as well. I would say both stock are foundamentally strong and have lot of cash too. Other thing to look at is their top management. Which one you prefer and etc.
From the above illustration I don't see a big different in term of dividens return :-) Just my two cents.
If base above tables, the percentage of dividend is about the same. but I'm putting my investment on Padini with the price of 1.77 as the investment price is lower compare to Haio. which means that more money investing will gives me some return.
For example :
If I only have RM26,400, i can buy 10,000 units from HaiO I can get Padini for RM 26,373 for 14,900 units
Back to return of dividend, having the same cash i get to have more units in Padini then Haio with the RM 26,400.00 capital
Padini HaiO Unit 14,900 10,000 Dividend RM 0.1 RM 0.14 Total RM 1,490 RM 1,400
not much different thou ... lol unless one pays a higher dividend...
Kenanga Research said Padini Holdings’ first quarter net profit of RM27.7 million was in line with expectations, accounting for 29.7 per cent of its 2014 financial year estimates
Thank Nevets to give another example of comparison. In short I believe is the investor (hksoon) decision which one you are more favour to? Which industry or area you want to invest in your hard earn money? We are just a small investor not like those invest multi-million dollar. So is your (hksoon) choice where to invest. Get little or more interest at particular quarter does not make much different. The question... 1. In the next 5 years where this stock will headed? If you think will headed north then start accumulate them now. 2. If there are economy crisis happen will you worry about this stock to be free fall? If yes then don't buy.
Once you have all the answer the the above question and some question you have in mind then you will invest in a good stock :-)
Again hksoon, no best stock to buy or invest as there are too many factor that will control the price of a stock. So make your (hksoon) own decision in this open market....
Friday should be the T4 for those contra players who bought during the rally. Monday and Tuesday should see something happen. Let's pray it break the 1.80 and march to 1.90. Christmas and New Year sales is just around the corner again. Padini should pick up much investors interest again soon.
Hold tight and get ready for Chinese New Year ang Pao. . :)
there should be announcement on dividend end of February; ex-date on early March and follow by payment end of March.
Like I say in couple of my previous comment. Medium to long term Padini is one of the good stock to invest. You can sleep well even economy not doing so well :-)
Look like that might be the case. Folks will throw the stock on hand whenever thing happen. They always have one thing in mind.... Better throw now even it a big mistake rather than sorry later if it happen :-)
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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....
stockcrazy
551 posts
Posted by stockcrazy > 2013-11-25 22:24 | Report Abuse
technical graph of Padini not nice.... may not rise much...