look at their trend, the price will go up and down in cycle within range of 1.7 - 2.10. the revenue will continue to grow. depending the profit margin, EPS, it can go higher. who know, padini will give special bonus with it cash rich cash flow.
haha..... you guy really greedy :-) vincent27 if you worry then you can join the selling group, sell first but not sure what you going to do next with that money....
The Shariah compliant thing is non-sense..... every six month they have the list updated. Perhaps that is one vehicle for them to make money..... If base on that list then you are going to be busy with buy & sell.... 6 months later they may update again and say Padini and some other counter that are excluded this round become Shariah compliant.... hahaha......
I rather Padini stay away from the Syariah compliant permanently..... this way we can play our own games...
have to wait for more islamic funds to dispose off all their holdings before can enter. they just started disposing today after padini removed from syahriah list today.
speakup and others - you need to check some of the criteria for disposing. I received the below from HLIB you should confirm this before misleading other. I'm sorry if I miss out something too....
Shariah Screening May Review
… + 28 – 9 = 665
§ SC new Shariah list - 28 in and 9 out taking total to 665.
§ Stocks now Shariah non-compliant:
1) SC no longer gives 6 months grace period to sell if share price is above cost. Investors cannot keep dividends and gains from disposal after 30 May 2014.
2) Investors can still keep stocks if price below cost.
I advise you to check this out and understand the disposal instruction before jump to your own conclusion :-)
If investor bought Padini above 2 or more then they can keep and will dispose it later when the price move toward or above their cost. If not then should should dispose it for the reason of so called shariah complaint (what a joke!!!)
Guys that my understanding from the above, so don't blame me if I miss communicate the above.
Also from the 'theedgemalaysia'....... "Public Investment Bank Bhd said there is some selling as the SC has removed the six-month grace period for securities trading in-the-money, with a new directive for immediate disposal."
Syariah is just make a right decision, it make us to buy in padini with a reasonable or cheaper price. As long as the company still making profit and expanding their business, we're no need to worry about it...
Not many business offer gross profit margin of more than 40%, strong operating cash flows and aggressive and smart expansion at strategic cities and towns. The performance of the Company looks great at least for FY2014 with good dividend yield. Hope the price can drop further so that i can collect more.
The share purchased by AS is well below last done price. We might foresee AS will continue to dispose their remaining holding on next week and possibility to carry forward for another more week until clear off all their 30++ million shares on hand. No rush, be patience while waiting for best price we are looking for.
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....
xn7891
68 posts
Posted by xn7891 > 2014-05-30 10:24 | Report Abuse
hmm, thn i prepare to buy more ;)