The effect of the Proposed Share Buy-Back on the earnings and EPS of the Group will depend on, inter alia, the number of Purchased Shares, the purchase price of such shares, the effective funding cost to the Group to finance the Purchased Shares or any loss in interest income to the Group and the proposed treatment of the Purchased Shares. If the Purchased Shares are retained as Treasury Shares or cancelled subsequently, the number of shares applied in the computation of the EPS will be reduced, and accordingly all other things being equal, the Proposed Share Buy-Back will have a positive impact on the EPS of the Group. In the event the Purchased Shares are resold subsequently depending on the price at which the said shares are resold, the Proposed Share Buy-Back may have a positive effect on the EPS of the Group if there is a gain on the disposal and vice-versa.
Agree with u, Kevin5059. It seem to be share buy back hv more advantage rather tat disadvantage, So we wait the time to proven what we hv predicted,
I'm great to see many folks here have knowledge about the share buy back and Padini as a strong fundamental company in his industry. Thanks for all to spend time writing and help to explain to other so that they know and clear what share buy back mean and how it help the company overall. Again in certain circumstances it have negative impact to the company....
The Proposed Share Buy-Back, if exercised, is expected to likely benefit the Company and its shareholders as follows:-
(i) Where the Directors resolve to cancel the Purchased Shares, the EPS of Padini Group is expected to be enhanced as a result of the reduction in the issued and paid-up share capital of the Company as described in Section 5 on “Effects” of the Proposed Share Buy-Back, thereby enabling long term and genuine investors to enjoy any potential corresponding increase in the value of their investments in the Company;
(ii) Where the Purchased Shares bought back are retained as Treasury Shares, the Directors would have an option to distribute these Purchased Shares as share dividends to reward shareholders;
(iii) The Purchased Shares may be held as Treasury Shares and resold in the open market to reap potential capital appreciation of the Shares without affecting the total issued and paid-up share capital of the Company; and
(iv) The Company may be able to reduce any unwarranted volatility of its Shares and assist to stabilize the supply, demand and p
Good to know another 4 cents today. This is good enough for me hahaha.... As long as up couple cents very day I would be damn happy. Of course this will not happen everyday for sure.
This is long term counter!! Keep more than 2 years you will realize what I say.... Check the pass 10 years charts and the growth of this counter both the capital and dividend. Please don't get me wrong, I believe there are other good or even better counter then this one in Bursa just that I did not in to it with more research :-)
The Board of Directors of Padini Holdings Berhad ("the Board") wishes to inform that all the Resolutions stated in the Notice of the Thirty Second Annual General Meeting of the Company, held on Thursday, 19 December 2013 at 10:00 a.m. at No. 19 Jalan Jurunilai U1/20, Hicom Glenmarie Industrial Park, 40150 Shah Alam, Selangor Darul Ehsan, were duly passed.
Sound interesting to switch over to airline. How about AAX? By the way don't even treat my comments as references as I didn't know much on airline related counter. But lately have heard folks talking about airline. But one thing we should invest in something that we know best. Else don't even try it unless you have done your home work and study the counter by review the past 5 years performance and what theirs future plan.
@4646 - stuck there for some time is good. It will only benefit all of us as long term investor. I'm totally fine if stuck for 10 days then move and then stuck and move again after 10 days. Because some contra player can hold till T + 10. Once all contra player become minimum and good news is out (I mean quater report) it will keep moving up. Unless you can't wait or hold :-)
Really? I wish they do that now and continue to do that.... so that I can buy from them :-) Let wait for couple of days more then. Wish Padini will go down few cents everyday so those can't hold will sell it to those who will buy and hold :-)
well, it's a correction period guys... due to the high rally of our share index going up.
and gladly to say, Padini is not the one getting a big hit.
you can slowly start to accumulate as mention, End of feb, good report is coming out and dividend too... this share is good to accumulate from now till mid next year (for me la) as good dividend, great cash flow company.
I'll be buying some today at RM 1.73 -1.75 and accumulating on a weekly basis. :D
Yo.. Sold 15% of my Padini at 1.82 last week to buy some AirAsia at 2.20. Sell my AirAsia today at 2.40 to buy back Padini at 1.76. Wait for Padini to rock again after CNY.
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....
midas_max
129 posts
Posted by midas_max > 2013-12-18 13:23 | Report Abuse
The effect of the Proposed Share Buy-Back on the earnings and EPS of the Group will depend
on, inter alia, the number of Purchased Shares, the purchase price of such shares, the effective
funding cost to the Group to finance the Purchased Shares or any loss in interest income to the
Group and the proposed treatment of the Purchased Shares.
If the Purchased Shares are retained as Treasury Shares or cancelled subsequently, the number
of shares applied in the computation of the EPS will be reduced, and accordingly all other things
being equal, the Proposed Share Buy-Back will have a positive impact on the EPS of the Group.
In the event the Purchased Shares are resold subsequently depending on the price at which the
said shares are resold, the Proposed Share Buy-Back may have a positive effect on the EPS of
the Group if there is a gain on the disposal and vice-versa.
Agree with u, Kevin5059. It seem to be share buy back hv more advantage rather tat disadvantage, So we wait the time to proven what we hv predicted,