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KLSE: PADINI       PADINI HOLDINGS BHD
Last Price Avg Target Price   Upside/Downside Price Call
4.39 3.86     -0.53 (12.07%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
28/08/2017 4.21 3.79 -0.42 (9.98%) HOLD MIDF Price Target News
28/08/2017 4.21 4.05 -0.16 (3.80%) HOLD MAYBANK Price Target News
28/08/2017 4.21 4.60 +0.39 (9.26%) BUY KENANGA Price Target News
28/08/2017 4.21 4.62 +0.41 (9.74%) BUY JF APEX Price Target News
31/05/2017 3.28 2.98 -0.30 (9.15%) HOLD MIDF Price Target News
31/05/2017 3.28 3.10 -0.18 (5.49%) HOLD MAYBANK Price Target News
31/05/2017 3.28 3.80 +0.52 (15.85%) HOLD KENANGA Price Target News
31/05/2017 3.28 3.64 +0.36 (10.98%) BUY JF APEX Price Target News
31/05/2017 3.28 4.50 +1.22 (37.20%) BUY BIMB Price Target News
31/05/2017 3.28 3.60 +0.32 (9.76%) BUY AMMB Price Target News
07/04/2017 2.99 3.76 +0.77 (25.75%) BUY TA Price Target News


Price Target Research Article/News (past 6 months)
28/08/2017  MIDF Padini - Another year of good performance driven by aggressive expansion
28/08/2017  MAYBANK Padini - Above Estimates
28/08/2017  KENANGA Padini - Year-end Exceptional Sales
28/08/2017  JF APEX Padini Holdings - Still Running Well
31/05/2017  MIDF Padini - Revenue Growth Impacted By Higher Operating Cost
31/05/2017  MAYBANK Padini - Flattish Bottomline
31/05/2017  KENANGA Padini Holdings - Within Expectations
31/05/2017  JF APEX Padini Holdings - Earnings on track
31/05/2017  BIMB Padini - Maintaining a steady path
31/05/2017  AMMB Padini Holdings - 3Q earnings on track to another record year
07/04/2017  TA PADINI - Slowing Down on Expansion



  23 people like this.
 
cynachen Only able to top up some, oh well, top up again when there's another drop. =/
30/08/2017 14:09
omgimnoob Waiting to split now?
30/08/2017 14:50
voon1900 wow
30/08/2017 16:02
ginvin padini is a rebound king, whenever it drop significantly, is a great signal to enter.... hahaha
30/08/2017 16:04
elter big merdeka present...
30/08/2017 16:13
RainT Thinking of selling off Padini and realise my profit of more than 100%

Luckily still have trust on Padini and hold.on ....today strongly rebound back ..well done Padini !!!
30/08/2017 23:29
RainT I love you Padini
02/09/2017 14:13
RainT I trust on the continue opening of new stores of Padini and will continue hold

Hope Padini don't let all the investors disappointed
02/09/2017 14:19
kokojerry Malaysian ZARA in the making!!! We won be disappointed.....
02/09/2017 23:57
sharinginfoz Malaysia's Padini Plans To Invest MYR20 Mln In Cambodia, Open Up To 4 Stores - Official

By Gho Chee Yuan
Nikkei Markets
KUALA LUMPUR (Sep 05) -- Padini Holdings, a Malaysian apparel retailer, plans to invest up to 20 million ringgit ($4.66 million) to expand its footprint in Cambodia amid tepid consumer sentiment at home market, its chief financial officer said.

The company aims to maintain same-store sales growth of least 8% in the current fiscal year to Jun. 30, Sharon Sung told Nikkei Markets. Padini also hopes to maintain a gross profit margin of about 38% this fiscal year, she said.

"In the first phase, we planned to open two to four stores in the next 12 months [in Cambodia]," Sung said. "We hope to see positive contribution after one year."

Padini's regional expansion comes at a time when Malaysian consumers continue to trim discretionary spending and delay purchases of big ticket items to weather a rising cost of living.

Consumer Sentiment Index rose to 80.7 points in the second quarter, but still below the optimism threshold of 100 points, according to Malaysian Institute of Economic Research.

In Malaysia, Padini has set aside about 10 million ringgit to open 12 more stores, said Sung. "We will continue our current marketing strategy and will have more efficient processes to reduce lead time for the time being," she added.

Padini, currently operates 126 stores, which consists of 42 Padini Concept Stores, 47 Brands Outlet Stores, and 37 stand-alone stores.

For the fiscal year 2016, Padini's net profit grew 71.30% on year to 137.39 million ringgit from 80.22 million ringgit a year ago as sales volume grew faster than operating expenses. Revenue rose 33.10% to 1.30 billion ringgit.

Shares of Padini, which have gained 44.23% over the past year, are currently trading 0.24% lower at 4.14 ringgit apiece, while the benchmark FTSE Bursa Malaysia KLCI is down 0.4%.
07/09/2017 10:00
voon1900 geng!
07/09/2017 10:20
Bizfuneng Approaching close to its TP.
07/09/2017 10:25
RainT Padini is really crazy! !!!!
07/09/2017 13:05
Bizfuneng Ya soon hv to say bye2 to you folks.
07/09/2017 14:58
Bizfuneng Bye2 folks hv reached my destination. Wish all of you hv a further enriching ride.
07/09/2017 15:58
林俊松 Why so strong?
07/09/2017 16:40
ivan9511 yes limit up.
new highest record
padini keep limited up
07/09/2017 17:36
charliemunger very good company and continue to deliver!TP 6....and soon will share spilt!Padini yes! if you haven't go to a padini store to watch, pls do so ...coz everytime I go to the store, is full of people !
07/09/2017 17:45
kokojerry Support all the way!!!
07/09/2017 18:25
DisCiPline amazing, i cant believe i havent sell padini, 100% gain ady
07/09/2017 18:49
Ohyea Ez buy ... tao Bao ..... qOo10 Wil Hav impact on them soon ... let's see
07/09/2017 18:53
kokojerry Just a sharing, wife want to bought some clothes for the kids online, but cannot deliver due to sold out and refund to us.... very efficient and meant a lot ppl buying the quality clothes from them even online
07/09/2017 18:59
samdogass just bot padini at 5
07/09/2017 20:30
RainT Sitting on 130% profit
07/09/2017 22:49
optimus9199 up up up! total profit 275% over 3 years.
07/09/2017 23:19
kokojerry Sap sap sui for 275%
08/09/2017 01:05
sharinginfoz KUALA LUMPUR: Shares of fashion retailer Padini Holdings Bhd rose to a record high of RM4.45 on Thursday as analysts were upbeat about its outlook and ahead of its dividend of 2.5 sen per share going ex on Sept 16.

At 11.05am, it was up 19 sen to RM4.44 with 1.09 million shares done.

The FBM KLCI was up 3.09 points or 0.17% to 1,775.57. Turnover was 1.01 billion shares valued at RM608.50mil. There were 379 gainers, 263 losers and 329 counters unchanged.

In the financial year ended June 30, 2017, Padini's earnings rose 14.5% to RM157.38mil from RM137.38mil a year ago. In the fourth quarter, earnings edged up to RM39.48mil from RM37.35mil.

At the current price of RM4.44, it is trading at a price-to-earnings of 18.48 times and for the FY ending June 30, 2018, it is trading at a forward P/E of 15.56 times.

KAF Seagroatt & Campbell has a Hold call with a target price of RM4.20 while Credit Suisse and Kenanga Investment Bank Research have Outperforms calls at RM4.80 or RM4.60. DBS Vickers has a Hold at RM3.55.
Read more at http://www.thestar.com.my/business/business-news/2017/09/07/padini-at-record-high-ahead-of-dividend-going-ex-upgrades/#ImzU6GRjILJ5TMGS.99
08/09/2017 09:20
sharinginfoz PETALING JAYA: Fashion retailer Padini Holdings Bhd’s shares rose to an all-time high to close at RM4.51 yesterday, as analysts remained optimistic on the homegrown company’s outlook and ahead of its 2.5 sen dividend payout on Sept 29.

The stock rose 26 sen or 15.35% to close at RM4.51 yesterday, with 3.19 million shares being traded.

On a year-to-date basis, the stock is up 77.63% and trading at a historical price earnings ratio of 18.85 times. It also offers a dividend yield of some 2.22% at its market capitalisation of RM2.96bil.

Padini sells clothing, shoes and accessories, and its most prominent brands are Padini and Vincci.

Amid weak the consumer sentiment, Padini continued to perform well.

The retailer posted a 14.6% hike in net profit to RM157mil for the financial year ended June 30, 2017 (FY17), against a net profit of RM137mil a year ago.

Revenue was up 21% to RM1.57bil from RM1.3bil previously, supported by positive growth from existing stores with an 8% same store sales growth.

.Another reason for the improved performance was because Padini opened 14 new stores in FY17. They included six Padini Concept Stores boutiques, seven Brands Outlets and one free-standing store.

A Bloomberg poll showed that Padini had six “buy” ratings, six “hold” and no “sell” calls.

According to Kenanga Research analyst Wan Mustaqim Wan Ab Aziz, Padini’s share price rally could be due to its much-anticipated dividend payout and the company’s strong fundamentals.

He said the steady fundamentals were mainly backed by its good financial performance and the retailer’s focus on the value-for-money market, especially for its Brands Outlet.

“Padini has also announced the closure of some of its Vincci outlets and Seed brand locally and abroad, as part of the company’s plans to restructure its business.

“This resulted in lower operating expenses for Padini during the last financial results (FY17),” he said.

While the sentiment is still soft, Wan Mustaqim, who has kept an “outperform” call on the stock, opined that the outlook for Padini was resilient, as the retailer has plans to open 12 value-for-money stores in FY18.

Another analyst also concurred with Wan Mustaqim and felt that Padini’s prospects remained healthy because of the company’s strategy to market fashionable yet value-for-money items.

Padini had said in a May report that about 90% of its products were sourced from China and just like other retailers, the unstable ringgit may pose a downside risk to the group’s growth.

Read more at http://www.thestar.com.my/business/business-news/2017/09/08/padini-shares-at-alltime-high-of-rm451/#pDkbyRD0K2kQxk53.99
08/09/2017 09:21
sharinginfoz Most likely profit taking today
08/09/2017 09:21
CrossSymbol wow unbelievable padini. time to take some profit :)
08/09/2017 10:45
elter Rm 5?
08/09/2017 11:34
3iii Congratulations to all buddies of Padini.
08/09/2017 12:52
charliemunger hoho...I have earned up to 200k in this counter alone in three month! take profit yesterday and today!bye bye padini! i wish u all the best!
08/09/2017 14:30
optimus9199 The sky is the limit for Padini
08/09/2017 16:22
kokojerry RM5 is first TP before Next QR.... then would be more growth news in SEA.....Asia....Africa....Middle East.....Europe....NA/SA....RM10,15,20 coming....Asian Zara in the making!!! Think big like Alibaba, Mr Jack Ma.....
10/09/2017 07:59
RainT kokojerry
Please don't dream la.....Padini is local brand ...how to fight with foreign brand

Foreign fashion brand have good sense of fashion and latest

You see how Malaysian fashion sense ????? All wear like ah pek and ah ma go around , no fashion sense at all
10/09/2017 12:42
RainT Just feel Padini increase in share price really crazy !!!!!!

After up so much ...just wandering the buyers based on what prospect Padini have ....and continue buy at high price now
10/09/2017 12:43
yang88 I had unloaded all my Padini shares , thank you very very much to PADINI. I wish all those who choose continue to hold the shares good luck and Bon voyage to your TP of 5, 10, 15. Bye....
10/09/2017 15:11
nekosan good for you Yang88. congrats
10/09/2017 17:06
StreetAnalyst Idea sharing:
Has Vincci doubled its PBT in FY2017?
http://wp.me/p97ErQ-2K
10/09/2017 22:02
yang88 Thank you Nekosan. I believe that this round everyone in this group is making big money . Congratulations to everyone....
11/09/2017 10:25
samdogass Bot at 4.65 ..how ?
12/09/2017 16:01
bangsar 4.38 wat happpen?
15/09/2017 15:45
RainT When share price drop ...please don't always comment 'wat happen'

Use brain and think la

Either should be profit taking or big fund selling and there is no change on Padini fundamental value , biz still good and good as usual !!!
17/09/2017 12:17
Mohd Fahmi Bin Jaes general election announcement
17/09/2017 12:18
charliemunger today padini performance is very good.
19/09/2017 18:00
omgimnoob which branch?
19/09/2017 21:09
Shichimi Togarashi Drop to 4.29 suddenly and then back to top. Closed at 4.45.
20/09/2017 00:06
prince4 before election market uncertain,funds manager and foreign funds money would not flow in fundamental big cap and mid cap stock now no prospects,because everybody scare buy high losses money ,expect fund manager money would flow out in big and mid cap stock cannot hold and buy.
TOP volume all low prices stocks.This is a opportunity ,markets money now flows in cheaper stocks. sharks now start goreng lows price stock at bottom..
20/09/2017 16:32
YC_Ma wkakakak i love you padini
21/09/2017 21:19


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