Padini为什么是烂股，一个大鱼吃小鱼的故事

lol, I thank Kcchongnz to introduce Magic Formula in the forum. Or else I won't know it.

I don't say that kcchongnz use PE to value a share.

2015-05-06 22:44

Oh sorry, it's not Magic Formula. It's Absolute PE Ratio Valuation.

http://klse.i3investor.com/blogs/kcchongnz/46422.jsp

Gotta read here.
I won't spit out something that doesn't exist... hihi.

2015-05-06 22:48

The most important is the notion you form about its business. PE is an indicator (not exclusive) of the worthiness of money swapped with the piece of business sold to you. In the future if the business is good then its dividend is gonna to be good also. Afterall valuation is an art than science: intrinsic value vs market price should be the most important aspect considered.

2015-05-06 22:49

The investment is most intelligent when it is most business like. Ben Graham

2015-05-06 22:50

I won't talk much about FA or TA in this forum.

There are a lot of pro sifu here. 在下不敢班门弄斧。

But I had to reject your term "The investment is most intelligent when it is most business like. Ben Graham"

To me, nothing beats money/portfolio management - one of the "cold" subject in investing

2015-05-06 22:55

These two gentlemen have formed their notion about Padini. What about you? Have you look into the cash flow of this company? what is its gross profit margin, net profit margin, ROE, Current ratio, financial stability, owner earning, microeconomics, DCF value, reverse DCF value, integrity of management?

2015-05-06 22:55

Well you don't reject my term "The investment is most intelligent when it is most business like" they are Benjamin Graham's. Chills

2015-05-06 22:57

Will be willing to hear and learn if you share how to money/portfolio management - one of the "cold" subject in investing.

2015-05-06 22:59

2015-05-06 23:00

padini will be PN17 within the next 3 yrs.

2015-05-06 23:03

Problem is , I myself aren't excel in that subject too... I'm still learning and probing the subject by trial and error method.

I would appreciate someone whom excel in this "portfolio management" to share some tips with the public.

______________________________________________________________
The reason I say money management is important because some investor enlightens me.

You could score a 150% gain in one counter (5% allocation) but your total portfolio might be in losing position because of the losing-performance of your largest holding.

2015-05-06 23:04

yes, Money management is the No.1 most important element in trading.

there are books teaching on this subject on how one can manage their exposure tru beta reading and proportion of funds invested. pretty complicated. but one can form their own simple rules to protect the unexpected.

2015-05-06 23:07

To find a good soldier is one thing , to control and allocate the position of the soldier is another thing.

Cheers =P

2015-05-06 23:09

The difference between a successful trader and a losing trader has a lot less to do with the successful trader’s ability to pick winners than you might think. All traders are going to experience losers and lots of them. It’s a fact of the business.

A winner, however, embraces the understanding that a large element of any one trade is randomness — in effect, any given trade is, on some level, a gamble. Losing trades are inevitable, and the winner takes that inevitability into account. Many longtime successful managers have done it with a winning percentage just above 50% and even the best traders are right only about 60% of the time.

It isn’t necessary to achieve that success rate to profit in the long-term, though. It isn’t even necessary to be 50% right (see "Win some, lose some," below). The depicted scenario assumes a 40% win rate — in other words, eight winning trades out of 20. The key to making a 40% win rate profitable is to structure your trades so that your winners profit at least twice as much as your losers lose — and that your initial stake can withstand the inevitable string of losses.

2015-05-06 23:10

Yes ! Optimusprime, you are good.

These is the "cold" material I'm talking about.

Could you share more about position thingy ?
I'm eager to learn more.

2015-05-06 23:14

Posted by CFTrader > May 6, 2015 11:14 PM | Report Abuse

Yes ! Optimusprime, you are good.

These is the "cold" material I'm talking about.

Could you share more about position thingy ?
I'm eager to learn more.

CFtrader.

u saw the slide i just posted?
i deleted, bcos the less ppls know the better for us.

2015-05-06 23:15

oh ... money/portfolio management ......

very simple one. why make it difficult?

why use some technical terms the you yourself also don't know?

if you really interested ,

ask my good friend tkp1

he is the expert

he used this method to turn around from losing money to gaining big.

2015-05-06 23:16

optimusprime,

why 3 years? one year can not ke?

3 years ..... want to play safe?

what can not happen in 3 years?

people call you sifu you know, they are waiting for you to tell them what to do know, not 3 years later

why not you tell them

2016 padini hit 2.80

2017 padini start to drop from the height of 5.00, limit down all the
way

2018 enter PN17+1 ( a newly created PN)

2015-05-06 23:27

Post removed.Why?

2015-05-06 23:33

hahaha......

I see, I see.....

how come you don't know 3 years later , you don't want but the bangali like very much.

hahaha.....

Posted by optimusprime > May 6, 2015 11:32 PM | Report Abuse

3 yrs for a reason.
padini is now like a 50yr old woman. many young chics is now fighting with her. and they have 36d 24 36

now padini is 38ff 34 46 (too bloated and sagging)

next 3 yrs padini go into manopause. no man wants it anymore.

2015-05-06 23:38

cipapo

padini will be the next bonia

2015-05-06 23:43

bonia is more superior than padini and in different sub sector of fashion. it has no direct competitor.

2015-05-06 23:47

cipapo

bonia superior??...even pasar malam ah sum also carry coach or fake LV la hahaha

2015-05-06 23:49

tell me who is bonia competitor? LV? Coach?

2015-05-06 23:51

Padini lor

2015-05-06 23:55

Who is padini competitor mah Bonia lor

2015-05-06 23:56

no. bonia= leather story, padini= middle class clothing.
bonia has no direct competition in its class.

2015-05-06 23:58

Sembonia lor

2015-05-06 23:59

Braun buffel their competitor also mah

2015-05-07 00:00

sembonia own by bonia la.

braun buffel no money to do advertisement in msia also. very few outlet.

no critical mass in this part of the world. uncle auntie cannot pronounce braun buffel la.

2015-05-07 00:04

albukhary

braun buffel also partially owned by Bonia.

2015-05-07 01:14

albukhary

If not mistaken, Bonia owned the distribution right of Braun Buffel for few Asia country.

2015-05-07 01:17

read that many years ago. but no sure if they still hold the license to sell braun buffel? anyway braun product is not popular in malaysia.

2015-05-07 02:23