contra player can't mk much fr this ctr. this is NOT for contra kakis, its for value investor . no patient , no holding pwr cannot play tis ctr. it is use for alternative product than FD.
Contra players will sell this counter tomorrow if there is not much movement today. At RM 1.75, this counter is a bargain. I wish to disclose I have bought some at this price. In my opinion, this counter will move slow and will only go up if there are foreign funds buying.
Because they think padini is slow :-) Also even the fund manager trying to follow the trend and buy those hot counter like oil & gas and property. Actually they are other fund that bought Padini. I believe that fund manager are smarter then the BIG one out there. Also usually fund manager like to invest in those big volume counter so that they can easily buy and sell if they want to cash out or invest more. They hardly able to do that for Padini. In short, only investor that invest for long term will buy Padini. Hope that make sense to everyone.
There is more upside to come. This is an under traded stock. Sooner or later, those guys trading datasonic, inari and etc will pay attention to the potential of this counter
@hepitrade - I'm here :-) to my surprise it went up quite a bit today. Everyone will be rewarded when you hold this counter for some time. I have been doing that for a saving. A really good saving for me. Now waiting for the dividend to come in my bank account. That also a lot of money to me hehehe....
Next you know what I'm going to do...... go Padini store and buy something. Add more stock to my drawer :-)
For those who bought lower then 1.7 now you should try hold for couple of quarter and you eventually relunctant to sell this counter due to dividend and capital gain.
powerwk, why u said that those buy below 1.7 will b great ?? ( any great analysis) don mind to share?? i am new to Padini , ya i just bought below 1.70 , my cost 1.66, ( cos i think its cheap as compare before so ma buy lo)
ikan bilis, you need to read my previous post.... In short what I am trying to say is want to enter to this counter and just leave it like your FD for years to come. ONLY harvest when you need money. That what and how I do that. If you can do this for years (in between continue to buy) after two to three years you should become a happy man like me :-) which still continue holding.
If you plan to make fast money from this counter then good luck. If you are thinking to save money for fund raising for kids education or retirement after 5 to 10 years this counter might be the another alternative with what your existing plan for retirement.
Hope this make thing clear.
Because sad to say people that enter at 1.8 and above. They may act like a chicken when it drop a little then you can see many chicken running and more throwing then when it close to 1.8 people start to throw and at the end they not earn anything (could be loss) or earn very little. I believe it this counter get other attention and the analysts start to re-rating this counter the fair value should be around 2.3x or 2.4x at this point base on my data calculation.
Please use this reference as your own risk. As I always say don't trust people easily and use your own judgement base on what you have.
In my previous post..... let only buy counter and you can sleep well even there is WAR declare in next day. If you can't sleep well when you heard there is WAR and other economic crisis happening in other country and you scare your counter going to impact badly and continue to impact even after the wave is gone then I advice you to let the counter go and put your money in those counter that you less worry and stay calm whenever those news popup to you.
Remember: All the money we invest in stock market is our HARD EARN MONEY. I refer to majority of folk (95%). Another 5% may get the money easily and goreng folks don't let them eat up your money :-)
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....
brutusbeefcake
482 posts
Posted by brutusbeefcake > 2014-02-28 09:06 | Report Abuse
going to 2.00 this afternoon