limnagalim

Hi,Tan KW.I read your post before.I admired what you are writing.Ya.Warren Buffett will buy it

2013-09-09 15:57

limnagalim

if you want to know where i get this infomation.you buy cheetah and attend annual general meeting 2013.you will know it

2013-09-09 16:04

lching

this write up is very funny.

2013-09-09 16:07

HJey

tan kw, padini is better because it's shop based business.

cheetah is consignment based business.

direct competitors to cheetah are tgl and voir. all these three focus more on consignment

2013-09-09 16:13

HJey

tan kw, thanks.

these apparel business isn't my cup of tea too. there are many too many brands in the market. weak brand identity and positioning

2013-09-09 16:24

limnagalim

Amway also have many competitors.Why Amway is no 1 direct sale company.Cheetah has it brand.And we easy to buy clothes from cheetah until we don't know the clothes that we wear is Cheetah brand.

2013-09-09 16:34

fatty_tang

I never studied about Cheetah but I'm pretty sure there are better companies out there.

first time i hear that if a company goes bankrupt we can get back some clothes

2013-09-09 16:35

HJey

limnagalim, you've already answered your question.

Amway is market leader but Cheetah isn't.

I can share this with you. Market leader for apparel in consignment sales isn't listed in KLSE yet.

It's jordone corporation sdn bhd. Why I know so much? I worked in this industry before.


Like I mentioned in your previous thread, Cheetah is a buy & hold stock. I don't expect capital to appreciate much

2013-09-09 16:40

chinesetea

Can you really get back clothes when it bankrupt. When company bankrupt, they need to clear the debt. The usual order of debt repayment, in terms of the lender, will be the government, financial institutions, other creditors (i.e. suppliers and utility companies), bondholders, preferred shareholders and, finally, common shareholders. The common shareholders are last and normally receive nothing after clearing the debt.

2013-09-09 16:42

mmtalents

I buy adidas and nike :P

2013-09-09 16:43

limnagalim

ROE high doesn't mean that no risk.Some china stock like Maxwell also have very high ROE,but Maxwell stock price juz going down all the time.I prefer honest director rather than high ROE.

2013-09-09 16:44

fatty_tang

this writeup is really funny.

nice try limnagalim, u can do better next time.

2013-09-09 16:48

HJey

limnagalim, I agree with you on your ROE concept.

Cheetah is family owned business. So there won't be much unexpected surprises.

Again, buy & hold for cheetah unless there are changes in business direction, which isn't happening at the moment

2013-09-09 16:48

Hustle

Padini design adaptable to the professional class,that's why it have certain population that proud to wearing this brand as a standard reference.
For cheetah,will you feel proud by wearing this brand during your sports or casual wear when walking around?
Don't need to give me an answer,as you can see lots of people will choose may be NIKE or ADIDAS.Since it represented something about standard,for cheetah it just a normal brand.
Normal item, sell in high price already expose them self toward fiscal cliff and cannot compete with others competitors.

2013-09-09 16:53

limnagalim

For chinesetea,sure.Cheetah has low liability that is only RM30,000,000,they has cash RM35,000,000.So,if cheetah bankrupt,after deduct all liability and cost,cheetah still have inventory.Their inventory is clothes.So,shareholder can request for this clothes.

2013-09-09 16:56

HJey

limnagalim, are you buying a stock and expect it to go bankrupt?

don't think it this way. you want to make money

2013-09-09 16:58

fatty_tang

@limnagalim, which company in the world will go bankrup if they have excess cash?

2013-09-09 17:01

limnagalim

Thank.We meet at annual general meeting 2013

2013-09-09 17:17

chinesetea

@limnagalim . I am wondering whether people will still want to wear a T-shirt of a bankrupt company :-)

2013-09-09 17:27

limnagalim

People will wear also.If Cheetah bankrupt because of unlucky,nobody will angry.But if Cheetah bankrupt because of not honest director,then we will angry.Now,Cheetah director and boss are very very honest.It is a very lucky thing for shareholders like us.

2013-09-09 17:33

fatty_tang

my god, if the company has excess cash, of course it WONT go bankrupt.
If the company DOES go bankrupt, it'll be because it doesnt have cash to settle its debts!

and your 2nd point, I dont see how u get the 10% to 13% yearly gain. you randomly come out with the figure yourself?

2013-09-09 17:51

fatty_tang

@tkw, I meant to ask, how did he come out with the share price and EPS from 2013 onwards? might be from the analyst report.

2013-09-09 18:17

Ooi Teik Bee

Post removed.Why?

2013-09-09 19:14

Edward Lee

agree with KW, lim analysis is too subjective. things can change in a glance in financial world, dont expect stock analysis is child's game.

2013-09-09 21:24

ryan7642

=='' wat a misleading statement lollll..."World Best" @.@

2013-09-09 21:29