Tat mean u nid renew u glasses. Lol...base on the dividend given and the margin of earn from this year, this stock I personnel conclude it as a safe stock to invest and high dividend, 6% based on the recently price. For those do pick it since it drop till 1.30 sure lol ( laugh out loud ) coz the really PTC (pick the cheap). I do look good on this counter in coming day. Recently price can't reflect it true value based on margin of earn and dividend given of this syer.
Haha..I was right in picking up Padini while some naysayers looked down on this counter. Now I just want to grab some popcorn and sit in front of computer to watch my stock price soar.
Base on history data....most of the time...this and next q result always good...but lets look at long term....we are holding a quality asset....not goreng counter....
every year declare 10c div, that is rm65m pay out every year. Management very generous. padini really a cash printing machine. Currently netcash jump from rm207m to rm226m. This is no ordinary company! Bluechip standard like Dlady. rm3 easily. Anything below rm1.70.. sapu!!
Padini's current quarter gross profit margin stands at 46% which gives them some room to maneuver in terms of controlling admin/staff expenses. I think that is why they can absorb the GST cost.
ANALyst report sentiment depending their accomplices among fund managers want to decide to accumulate more on lower price o not. analyst opinions cannot be trusted solely, do your own research and environment analysis
For long term, I don't see any reason why no buy and accumulate more for this counter. If your intention it for long term then better stay away from this counter. Else it may disappoint you, hehe
many had poured cold water on this counter either by sekolah attap analysts or punters putting up all sorts of excuses especially on the implementation of GST n its effects solely on padini and as if others not affected? We had cautioned that not padini affected but others as well . we stay put n buy more when it touched lower at 1.30-1.35 level in order to increase our portfolio solely for the constant dividend policy . Those who had bought at this level can count on the capital appreciation n the dividend pay-out quarterly without fail.
It's okay. As I mentioned many times people that not invest in this counter before or not use to put money in any counter for long they can't feel the appreciation over capital gain and dividend gain from this counter. I myself the same when I start to invest in this counter. Then year over year I accumulate more and more :-) still a small fish but good enough as part of my retirement later.
@hippo_sheeyin: overpriced? you have good potential to be an IB analyst to spin nonsense, if you missed the boat to accumulate below RM1.50 few months ago then admit it la! go check the earnings and PER, duh!
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 > 2015-11-26 19:40 | Report Abuse
Awesome. The beauty on top will get the dividend. Nicely done.