Icon8888, I've no regret disposing off Padini... Padini may have survived this round, but the real challenge is post-GST and increased competition from other outlets.
No brainer! Just avoid Padini! It's your grand father over love stock! I feel sorry for this rich family PLC, they already out of touch with the rest of humanity!
No need to sell Keep it when result is good Buy more if result is bad Cry only if accidentally sold to Maybank because ultimately they will laugh on the way to their bank
still the same problem, revenue is solid, just tat profit margin has been significantly reduced perhaps due to higher operation cost and promotional discount due to tight competition. but i feel the main culprit is the negative sentiment stirred by the investment banks ANALyst. when the time comes they will find "reasons" to peg it to 16X PER. now they peg to 10 or 12X just to create panic selling and impatience so that they can accumulate more. just my 2 cents. chinese saying: "humans also them, ghost also them"
it may not grow back to break RM2 like its glorious days las time, but I am sure it will definitely recover back to RM1.50-60ish due to declined EPS. just use a more realistic 14X instead of the nonsensical 10X PER by Maybank. it is THEIR opinion, but ask yourself, what do YOU think as a CONSUMER. how much can you "hide" from GST? Like it or not, the spending will pick up once consumers at large realized nothing can be done. Look at the ANALyst integrity, few months ago can simply peg a high TP at RM1.80, now suddenly withdrawn and peg a drastically low TP, if its not for ulterior motives, then what?
skyz, just my opinion. Other function or PER include measuring market expectation. ie. when the company has bright prospect, the PE tends to be higher (Expectation function will beat the conventional PER function of measuring cheapness/ expensiveness). When pessimistic, PE will be set lower...When optimistic, PE will be set higher..Padini is GOOD company that facing some little challenge for the time being.. is part and parcel of any business.. hope we all can take advantage of market pessimistic..cheers!
yup YiStock, agree with your opinion. but wat I'm trying to highlight is not to totally accept what the picture theses ANALysts try to paint. I don't deny some are working hand in hand with fund managers
wow, Maybank really gung-ho. scared die the price wont drop like tat. 2 reports in 2 days consecutively. semangat giler..... apa tujuan, kita tak tau la. hehehehehehe
EPS cannot lie, depends on which analyst bank or backed by their OWN reasoning or OWN MOTIVES. will use different PER to give their TP. mixed calls from diff IB. read all and evaluate and decide wisely on your next move.
Target price 1.6. Anything is possible in shares. No need to sell underwear to buy shares if one has money... unless got people play margin buy padini at rm2 and lose till no underwear to wear and now complaining here haha
LOL.... people that desperate to buy have very low target price. Why bother that lower price if you believe the future is good for Padini. If you not believe the company will do good then even 50 cents don't even use your money to buy. Just my two cents.
What i dont understand is if people think the company is no good.. why bother come in to give lower price target. I think either themselves wana buy at lower price; or they got trapped by buying at high price thus raising their frustration here. Haha.
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....
cooling
1,676 posts
Posted by cooling > 2015-05-19 18:05 | Report Abuse
support broken Rm1 coming