haha..... for those who already sell/throw want it to drop like no tomorrow so that they can enter again..... for those who still hold want it to up like no tomorrow so that they can make more profit then those who sell earlier....
Now. 2.1 highest 2.13 wow..... let see if there are seller to cash out later then you can consider whether to buy at this price :-) but you need to be thankful to seller first.
Next month Padini will report another quarter report, expected will beat last year same quarter report, target at least RM2.2. Bonia valuation so high, based on Bonia P/E, Padini can trade near RM3.0
but always there are folks waiting on the other end and pray the share price of Padini will go down more so that they can enter into this counter again.....
Padini Holdings (PAD MK) Technical BUY with +17.2% potential return Last price : RM2.09 Target Price: RM2.33, RM2.45 Support : RM1.93 Stop-loss: RM1.92 BUY with a target price of RM2.45 with stop loss placed below RM1.92. PAD’s share price has experienced a sharp correction from the recent high of RM2.12 before gradually recovering in the last 3 weeks. As the share price has been rising above both the 10-day and 21-day SMA lines, we expect further upward continuation hereafter. This is supported by a surging momentum as shown by the bullish crossover in both MACD and Stochastic. Additionally, renewed buying interest in the form of the higher trading volume recorded yesterday should push the share price higher. We peg the upside target at the 1.61x Fibonacci extension level of RM2.45 over the medium term.
It definitely will soar above 3. Padini's dividend yield is about 5 percent and its revenue is constantly growing each year. It might not suit the taste of those speculators, 'TP followers' or 'rumour buyers' but for a long term investors it is an exquisite precious stone.
Zzz,when padini shoot up 1.58 to 2.13 bonia is quite like dead water,while bonia shoot up padini is slowly growth. It's depending on the timing. Still holding padini now since 1.64.i believe it will growth to at least 2.50
Actually Padini and Bonia different market. Can't compare lo. One for lower to medium consumer market, another for medium to affluent market.
Clothes from Padini better quality and design compared to Bonia. But Bonia leather products really tip top in design in quality. Price also like "need so expensive meh~". One pair of formal shoes selling for 400 to 500 bucks. Damn. Nice but as investors better wear Bata. hahhahahaha.
Hot Selling Cakes: Vincci always full house. Carlo Rino super trendy bag for ladies selling for sohigh price yet so many ladies like it.
Sadly I can only afford Padini clothes. But Bonia shares is more promosing as they can deserve such a high PE.
Most of my friend and me like Padini 's wear as well, affordable and trendy. With increasing cost of living, I believe Padini will perform better than Bonia.
Padini has such a high yield of dividend, a long term investor won't care about its price fluctuation as long as the fundamentals are good. Let's say somebody bought Padini with RM50k, he would get about RM2500 dividend every year, that's a return ticket to Paris man...even if he bought it with only 20k, it will still earn him RM1000 a year. If compound with the rise of share price (which I think will definitely happen thanks to Padini's efficient management) the return would be much higher.
sicwalker - some time back I had given the same advice and explanation. It's only work for folks that have.... 1. Holding power 2. Looking for long term investment 3. Patient and vision.
It definitely does not fit the youngster that have limited fund and they tend to switch counter frequently whenever they hear news and etc. Honestly speaking in long run most of them losing money because if that. The reason is simple, when they switch to other counter at the same time the shark let go their share. Then the share price drop, when the share price drop and they don't have all the three characteristic I mention above then they again let go their share back to the shark :-) that cause them to loss money.
Don't get me wrong some youngster or contra player are good (maybe their luck also good) and they did make money. Not much some time few cents here and there but again once they get trap then they will loss all their hard earn few cents here and there :-)
Just some real sharing as I do know some one like that. At the end of day it really depend on your investment style and technique. Remember everyone is unique and same goes for stock counter.
I have been lucky enough to have some good sifus out there and guidance books to enlighten me on stock investment (especially fundamental analysis), otherwise I would be the 'youngster' that you mentioned :).
I strongly agree with powerwk staying longer term is on the winning side. but.... once a while you get a chance to bags money, like halex, mpay, tdex, iris,... then with the money earn we can come back and buy more, even though it is a little expensive to buy back, it still worth it. This of course, must be very careful and in good timing.
Oh..... I do agree to cash out the money if the counter surge dramatically in short term like within a month surge to 50% upward. I will very tempted to sell the stock and then try to understand what going on (provide I don't know what coming my way). If every tang look good (news; future plan; expansion; and project) then I will get back in almost immediately.
True enough, sometimes speculators will inflate the price to some unreasonable level, it is best if we can play their game and cash out at the peak, then buy in again when the bubble burst. But this is depending on luck though.
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....
powerwk
1,690 posts
Posted by powerwk > 2014-04-07 21:24 | Report Abuse
haha.... good to hear that TonsilBasher. I just visit the Brand Outlet today and buy some shirt as a gift to relative.