But it is true i cant address all the concerns around the best way and i am afraid my view can be Biased as i am Holding substantial shares in the company.
Surely most of your concern is genuine and your views are well respected.
I am a very small fish only, although I q low to lower, my orders are still too insignificant to push down the price. I do not think my 1.45 will match today.
In fact, I have discounted the future earning when buying at 1.49. I also discount the prospective dividend at 8 cents. I do not expect 11 cents next year, but if it gives, I would be happy. Wishing you all a Merry Christmas and Happy New Year. Nice to meet you all.
what will be the GST impact to retailers? Padini is a good co, but something I wonder why Padini price their product so high. With that level of pricing, customers are considering H&M, Uniqlo, Zara or even Giordano etc?
You think pasar malam won't increase their price? The percentage of increase will be more for pasar malam. Because they make up the price without anyone control LOL....
immaterial whether in pasar malam or in shops , all has been taxed with GST during importing or whatsoever , no one can escape ! Looking forward for Feb div in the offing instead!
Track record of padini paid dividnds Date Stock Title EX Date Payment Date Lodgement Date 26 Nov 2014 PADINI 2nd Interim Dividend 2.5 Sen Single Tier 10 Dec 2014 29 Dec 2014 12 Dec 2014 27 Aug 2014 PADINI 1st Interim Dividend 2.5 Sen Single Tier 10 Sep 2014 29 Sep 2014 12 Sep 2014 28 May 2014 PADINI 4th Interim Dividend 2.5 Sen Single Tier 11 Jun 2014 27 Jun 2014 13 Jun 2014 26 Feb 2014 PADINI 3rd Interim Dividend 2.5 Sen Single Tier 13 Mar 2014 28 Mar 2014 17 Mar 2014 25 Nov 2013 PADINI 2nd Interim Dividend 2.5 Sen Single Tier 11 Dec 2013 27 Dec 2013 13 Dec 2013 25 Nov 2013 PADINI Special Dividend 1.5 Sen Single Tier (Amended) 11 Dec 2013 27 Dec 2013 13 Dec 2013 28 Aug 2013 PADINI 1st Interim Dividend Single Tier 2.5 Sen 10 Sep 2013 27 Sep 2013 12 Sep 2013 30 May 2013 PADINI Fourth Interim Dividend 2 sen Single Tier 13 Jun 2013 28 Jun 2013 17 Jun 2013 26 Feb 2013 PADINI 3rd Interim Dividend 2 Sen Single Tier 11 Mar 2013 27 Mar 2013 13 Mar 2013 28 Nov 2012 PADINI Second Interim Dividend 2 Sen (Single Tier Dividend) 12 Dec 2012 31 Dec 2012 14 Dec 2012 29 Aug 2012 PADINI 1st Interim Dividend 2 Sen Single Tier 12 Sep 2012 28 Sep 2012 14 Sep 2012 30 May 2012 PADINI 3rd Interim Dividend 2 Sen (Single Tier Dividend) 13 Jun 2012 29 Jun 2012 15 Jun 2012 28 Feb 2012 PADINI 2nd Interim Dividend 2 Sen Single Tier 13 Mar 2012 29 Mar 2012 15 Mar 2012 29 Nov 2011 PADINI 1st Interim Dividend 2 Sen (Single Tier) 13 Dec 2011 29 Dec 2011 15 Dec 2011 30 May 2011 PADINI 2nd Interim Single Tier Dividend 2 Sen 21 Jun 2011 18 Jul 2011 23 Jun 2011 13 Jan 2011 PADINI First Interim Dividend 2 Sen (Single Tier Dividend) 31 Jan 2011 17 Feb 2011 7 Feb 2011 22 Dec 2010 PADINI Share Split 5 : 1 3 Jan 2011 - 5 Jan 2011 30 Jun 2010 PADINI 2nd Interim Dividend 7.5 Sen (Single Tier) 26 Aug 2010 17 Sep 2010 30 Aug 2010 27 May 2010 PADINI Interim Dividend of 7.5 sen (Single Tier) 28 Jun 2010 19 Jul 2010 30 Jun 2010 26 Nov 2009 PADINI Final Dividend 7.5 Sen (Single Tier Dividend) 24 Feb 2010 15 Mar 2010 1 Mar 2010
Analyst, as always so fast change their tone. not even 1 month and there us such big different in their TPs. Scaring the broad daylight out of investors here
From consumers point of view, before GST kicks in, will you do a final shopping spree and stock up on non perishable goods like furniture, electrical appliances and clothes? There could be a situation whereby Q1 FY2015 will see a surge in sales revenue (no guarantee for profit margins) before the buying tone down post Apr15. Anyway, lifestyle is very hard to change, you may control your spending post Apr, but how long can you contain yourself? the word CONSUMER comes from the word CONSUME. period. just my 2cents. chillax!
buy for 8 % div which is much higher than any banks offered; good or bad market , the many festive seasons in Malaysia will auger well for Padini where its merchandise are marketable for all social backgrounds and the important thing is that it is affordable ; more so when the economy is not really good . Do not be misled that the other brands can be exempted from GST ; The implementation of GSt has minimal impact on Padini because it is not too pricey , unlike other pricey brands , u r bound to pay a much higher GST because of its higher price....just sharing...
but can't deny the fact tat once NEGATIVE reviews from these "analyst" of IBs are released, the trading psychology will be affected. chinese phrase: "humans also them, ghost also them".
Thank you RHB for that "NEUTRAL" call, as you claimed "UNCERTAINTY" ahead of the FY, merely due to the weaker consumer sentiment and higher operating costs. As such, we will be able to buy in more.
Yes, agreed with h SKYZ. Environment keep changing from time to time. They might later come up with another stupid reports say is good to buy now due to bla bla bla....
i used to "trust" these analyst report during my initial trading days. but for now, i still read them but mostly feel amused by their writings. we must be aware these IBs also have their own mutual funds. we do not deny the possibility that these "analyst" have been in partnership with fund managers to create fear for funds to lock in a bargain position and like kimchi said, later on will paint a positive picture for fund managers to unload their position.
Padini apparel business has many competitors eg HM, Uniqlo and not to mention many low end like Aeon, Tesco, Giant or even pasar malam. Can Padini survive fighting them?
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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....
bsngpg
2,842 posts
Posted by bsngpg > 2014-12-22 21:07 | Report Abuse
Stock: you have my trust.