Why Must Premium Outlets Be Located Away From Established Shopping Belt?
There are 7 reasons.
No.1 Since Premium Outlets are selling the same Branded Goods similar to those sold in the city but at deep discount they have to locate a bid further away less they compete directly against the businesses of those selling at Full Price.
No.2 As these Premium Outlets are located in more remote areas they PAY LESS for Land and Wages – thus they are able to PASS ON BETTER SAVINGS to Bargain Hunters. Conversely, how can High End Shopping in Bkt Bintang or Orchard Road give much discount when they pay the highest rental per sg ft?
No.3 For those who travel 30 mins to an hour or more to reach these Discount Designer Outlets they don’t buy just one shirt or dress, as it does not justify the expenses and time incurred. So as to recoup the expenses of petrol (hotel stay) they usually buy 2 or more apparel – thus helping in higher turnover- THE HIGHER THE VOLUME THE DEEPER THE DISCOUNTS!
No.4 Furthermore, travelling long distances to these outlets entail loneliness – so it is normal for 2 or more people to go at one time – the more the merrier! It creates a spirit of togetherness & happiness. When people are happy they tend to spend more.
No.5 That’s why tourists are big spenders. M’sia being the top 9th tourist destination in the world is definitely on the right track. The Bible predicts ,”The time of the end: MANY SHALL TRAVEL TO & FRO, and knowledge shall be increased (Daniel 12:4)
No.6 As expected JPO is launching Phase 2 with 60 over shops & also several hotels and theme park – expecting an ever increasing influx of tourists from all over M’sia, S’pore, Brunei, Indonesia, India, Thailand, Vietnam, Etc & etc. In 2012 there were 1 Billion Tourists! 2013/2014 is VISIT MALAYSIA YEAR! Hear Ye! Hear Ye!
No. 7 RECESSION PROOF!!! In good times Premium Outlets will do well but in bad times Discount Shopping in the Premium outlets WILL DO EVEN BETTER. In bad times we forgo our wants but not OUR NEEDS. Our basic needs are food, shelter and clothing. To survive we still need to eat, sleep somewhere and change our clothes and be properly attired.
Bad Times? Now we have time – NECESSITY COMPELS US TO SAVE MONEY! So in good times JPO is good but in bad times JPO does better! (Same goes for Milo drink, good times we drink Milo in coffee shop bad times we make our Milo at home.) For Nusantara Prima residents JPO is only 15 minutes by North South Highway
As an After thought. In year 2006 on Black Friday, Grove City Premium Outlets in USA – shoppers created a traffic jam 10 miles (16km) long during the middle of the night.
I wonder from whence cometh such God-given wisdom to plan such exciting and recession proof industries in Nusajaya and Iskandar!
See
Posted by calvintaneng > Jan 23, 2014 08:35 PM | Report Abuse X
Kevin5059
Yes Padini will be having a good year in VISIT MALAYSIA YEAR 2014 & YEAR OF FESTIVAL 2015
Recently I paid I visit to JPO for shopping with my son.
These are the positive for PADINI
1) Padini has an edge in fitting for Asian people. Most imported shirts are of larger size made for Americans. Padini Slim Sized Shirts Fit Asian Bodies Perfectly. Others are too big and baggy
2) Padini has Brand Name With Designer Trend
3) Padini Prices Are Very Competitive.
As Such The Crowd Gravitates To Padini like bees to honey.
More so for Extra 28 Million Tourists This Year.
Conclusion: Padini Should Be Doing Very Well.
Both myself and my son bought shirts from Padini. VALUE FOR MONEY!
Posted by calvintaneng > Jan 24, 2014 12:29 AM | Report Abuse X
Dow Jones Fell 180 point? Or Crash 1.000 points?
Ha! Expect More Singaporeans to flock to JPO For Bargains. And PADINI Will Be The No. One Beneficiary For VALUE FOR MONEY!
Posted by calvintaneng > Feb 4, 2014 11:21 AM | Report Abuse X
Padini is doing extremely well at JPO. Many shoppers were carrying shopping bags with PADINI logo when we visited JPO twice last week.
I also can't resist buying a shirt for RM19.00 (S$7.30) - price of a medium cost meal in Singapore Food Court.
I think PADINI will ride on Premium Outlet Expansion to ALL OF ASIA for 3 BILLION PEOPLE EVENTUALLY.
ITS FUTURE IS VERY BIGHT INDEED!
Calvin comments: (Feb 3rd 2018)
Padini jumped from Rm1.60 to over Rm5.00 today for a nice 200% gain!
And yesterday Dow crashed by more than 600 points. Many are in a panic mode. So PADINI will do better as more people look for bagains in bad times!
But to Calvin Padini at Rm1.60 was really cheap. Padini over Rm5.00?
I rather buy the 2ND PADINI NOW!
BONIA - THE SECOND PADINI!!
These are the Top 10 Reasons to buy BONIA.
1) BONIA at 48 Sen has Fallen to Multiyear lows.
While Padini has gone up to Multi Year High Bonia has fallen to Multi Year low in stead. This is why Calvin Tan is getting very bullish on BONIA. At its peak Bonia Top Boss wanted to take Bonia private over Rm2.00 (but he was unsuccessful). So I am happy to buy Bonia at such depressed prices!
2) BONIA Is An Iconic Malaysian Brand just like Old Town Coffee, PADINI, AirAsia, Jimmy Choo, Shangrila Hotel, Karex and Secret Recipe & others.
A Brand Holder Like Padini is a Value Owner cum Value Creator. A company like Parkson is a Value Seller.
What is the Difference Between a Value Owner/Creator, A Value Manufacturer and a Value Seller or Middle Man? And finally the discerning Value Consumer
So there are 4 Categories of VALUES
1) VALUE CREATOR (Who Is The Sole Owner)
2) VALUE MANUFACTURER (Like Prolexus which manufactures for Nike)
3) VALUE SELLER (Or the Middle Man). Like Parkson & 1,000 others.
4) VALUE CONSUMER (We are all looking to buy value everyday)
Last time NetWork Food Industries (NFI) manufactures for VAN HOUTEN. So NFI is a Value Manufacturer for Van Houten (the Value Owner). Later VAN HOUTEN wanted to squeeze NFI by asking for lower costs. NFI refused so Van Houten shifted to lower production cost manufacturer in China! Then NFI created its own house Brands called Tudor Gold & Tango. NFI turns into VALUE CREATION.
Now A VALUE CREATOR Holds Ultimate Value (Not Value Manufacturers or Value Sellers)
See how Parkson is devastated by E-Commerce. Other "Sellers" are selling 30% to 50% cheaper than Parkson by cutting down on high overheads (death of malls in USA) & manpower (no need to employ sales staff). So E-Commerce will hammer Value Sellers (Value Sellers that Go Online Will Take over from Brick & Butter Store like Parkson). See how Amazon & Alibaba keep breaking records in sales?
NOTE: THERE IS ONLY ONE VALUE CREATOR BUT THERE MAY BE ONE MILLION VALUE SELLERS!!
So both Value Manufacters (Prolexus) & Value Sellers (Parkson) do not have the stability of a Value Creator like PADINI or BONIA.
Like Padini - BONIA also is a Brand Owner. And they both manufactures their Own products. And they Both Sell their Own Products.
In short - THESE GUYS ARE THREE IN ONE
VALUE CREATOR + VALUE MANUFACTURER + VALUE SELLER!!!
THAT"S WHY THEY CAN COMPETE!! AND MIGHT COMPETE WORLDWIDE LIKE IKEA! LIKE COCA COLA! LIKE MACDONALD! LIKE WRIGGLEY CHEWING GUM (ALL WARREN BUFFET'S FAVOURITES!!!)
3) BONIA'S BOSSES INVEST IN DEFENSIVE ASSETS OF GREAT VALUE
Now Calvin dig deeper into BONIA's High Value Assets
Refer to AR (Annual Report) 2017
No. 29, Jalan Budiman Taman Midah, Cheras 56000 Kuala Lumpur
2-storey. Freehold. 22x70 = 1,540 sq ft land. 35 years old. Book Value Rm88,000
Among the Many High Value Assets of BONIA this house in Taman Midah, Cheras KL
is listed at a Book Value of Rm88,000
RM88,000 For A Freehold 2 Storey House (1,540 sq ft) in Taman Midah, Cheras KL?
Are you sure? Correct figures?
YESS! It's only Valued at Rm88,000
Now let's look at current Market Value as advertised
2 sty House, taman midah cheras
22x70 (1,540 Sq Ft) Freehold
RM 900 000
WHOA!! So Old Area? So Expensive? Rm900,000?
Why? Taman Midah (once known as Bolton Garden) is the First Housing Estate In KL
So the VALUE IS IN THE LOCATION!!
Now We Know We are Not Late to Join The KL Property Bull Run As We Can Lock into Valuable Assets at Old Book Value.
Apart from this Undervalue House BONIA also invest in 6 Storey Factory for the Manufacture of Leather Bags & Other Accessories. Plus BONIS invested in Cash Yield Car Park Lots in Cheras! Amazing!
4) STRONG RINGGIT WILL BENEFIT BONIA LIKE NESTLE!
Just like Nestle importing cheaper ingredients like Milk, Sugar & Cocoa for its products... BONIA is now paying for cheaper imported leather due to Stronger Ringgit
5) LESS TAXES, STRONG RINGGIT & HIGH CRUDE OIL HELP CONSUMERS
After few years of GST and high imported costs Malaysians will once again witness enhanced spending power. This is Good For BONIA
6) INFLUX OF CHINA TOURISTS WILL BE GOOD FOR BONIA
See
Airport retail sales surge
MALAYSIA. Malaysia Airports Holdings Berhad has reported a +15.9% leap in retail revenues year-on-year for the first half of 2017, to RM412.9 million (US$98 million). Non-aeronautical revenues at the group, which runs Malaysia’s major airports as well as having a stake in Istanbul Sabiha Gökcen Airport in Turkey, rose by +9.3% to RM981 million (US$233 million).
Malaysia Airports attributed the growth to increased international passenger traffic (+15.1%) as well as higher spending from North Asian and ASEAN region passengers.
![](https://1d2wuq2vibm61wvgg740yve3-wpengine.netdna-ssl.com/wp-content/uploads/2017/03/KLIA-1024x683.jpg)
KLIA retail and F&B sales performed well in the half, aided by passenger traffic growth and strong spending from North Asian travellers
Retail and F&B gross sales at Kuala Lumpur International Airport (KLIA) and low-cost terminal klia2 combined – the key locations for commercial activities at the group – reached RM1,022.5 million (US$242 million). Sales per passenger hit RM35.97 (US$8.53), a healthy +11.1% rise year-on-year.
Malaysia Airports’ retail arm Eraman posted revenue of RM356.2 million (US$84.5 million) across KLIA and klia2 in the half, up by +14%. Sales per passenger dipped by -0.5% however to RM12.53 (US$2.97).
Like JPO - BONIA Also has Shopping Outlets in Malaysian Airports
While PADINI Sales rose due to Lower End Value Conscious Shoppers The Trend is Moving into High Value Bargains like BONIA.
I spoke to the Sales Staff in JPO BONIA recently.
China Tourists will buy Gucci bags. As well as Coach & Burberry bags. But some will buy BONIA Bags.
These are the Highlights of BONIA LUXURY BAGS
a) They are Made From Finest Imported Leather
b) They Are Soft compared to other Western Bags
c) The Price is at least 30% to 40% cheaper than Western rivals
d) They are of good lasting quality.
According to sales staff, these China Tourists after getting to know BONIA & ITS LASTING QUALITY PLUS VALUE FOR MONEY Will Sure To Buy More In Next Trip.
And just like Old Town Coffee powder spread like wild fire among China's discerning consumers - BONIA has a Very Vast Uptapped Market in China
See how China youth are hungry for Luxury Goods
China's young shoppers breathe new life into luxury market
An accountant in eastern Suzhou, Guo, 24, likes Coach and Louis Vuitton, and has bought Acne Studios scarves, a Daniel Wellington watch and a Mont Blanc belt as gifts. Of an annual salary of 50,000 yuan ($7,898), she spends one-fifth on luxury items.
“Luxury is not a total necessity for me, I suppose, but whenever I’ve got enough money to spare, then I’ll buy,” she said.
Guo and her peer group are behind a dramatic spike in luxury spending in China last year, according to consultancy Bain & Co. They are the key demographic for luxury brands from LVMH to Gucci owner Kering and France’s Hermes in tapping the world’s top luxury consumers.
Their willingness to spend - often more than they can afford - comes with a note of caution. These consumers are typically less loyal to traditional brands, swayed by shifting trends online and increasingly looking for deals.
7) SEEING VALUE INSIDERS HAVE BEEN BUYING BONIA SHARES LIKE NO TOMORROW
As you can SEE the BOSS Bought from a high of 99 sen to a low of 55 sen .... at 48 Sen BONIA is now a screaming buy!!
9) BUT ONE QUESTION: IF BONIA IS SO GOOD WHY THE SELL DOWN?
ANSWER:
BONIA WAS SOLD DOWN BY IGNORANT HOLDERS. IN A TIME OF WEAKNESS PROLEXUS, JERASIA & BONIA WERE ALL SOLD DOWN.
While there is a reason why Prolexus & Jerasia were Sold Down the only reason for selling down Bonia is lack of clarity & undue fear. If we KNOW there is absolutely nothing to fear
You must fear Prolexus sell down because EPF is dumping
[PRLEXUS] Notice of Person Ceasing Substantial Shareholders - EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") on 15-Jan-2018
Stock | [PRLEXUS]: PROLEXUS BHD |
Announcement Date | 15-Jan-2018 |
Substantial Shareholder's Particular:
Name | EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") |
Details of Changes:
Currency | - |
Date of Change | Type | Number of Shares | |
---|---|---|---|
10-Jan-2018 | Disposed | 94,500 |
Nature of Interest | Direct Interest |
Shares | Ordinary shares |
Reason | Disposal of shares in open market by Citigroup - EPF Board |
You must fear sell down in Jerasia because Insider Kena Margin Call
Dato Sri Mohd is holding Jerasia shares on Margins
See
2. Maybank Securities Nominees (Tempatan) Sdn. Bhd. Pledged securities account for Mohd Haniff bin Abd Aziz (REM 851-Margin)... 9,657,002......... 11.77%
At Top No. 2 shareholder of Jerasia is Mohd Haniff with 9.6 Million Jerasia shares... about 11.7%
See carefully again AS I HIGHLIGHT IT
2. Maybank Securities Nominees (Tempatan) Sdn. Bhd. Pledged securities account for Mohd Haniff bin Abd Aziz (REM 851-Margin)... 9,657,002......... 11.77%
He is suffering the relentless attack of margin call after margin call. He is also suffering margin call in EURO stock. So be forewarned. Both Jerasia & Euro might go lower -- drag down by margin call of substantial holder!!
So much for playing with margin? Get migraine later with sleepless nights?
10. TOP HODERS OF BONIA ARE ROCK SOLID BANKS LIKE DBS & PUBLIC BANK
Coming in at No. 4 is
4. CIMB Group Nominees (Asing) Sdn. Bhd. Beneficiary: Exempt An for DBS Bank Ltd
67,180,000....... 8.34%
DBS is Singapore Govt Bank
About DBS Bank – Asia's Safest Bank - Singapore's Bank of Choice ...
Headquartered and listed in Singapore, DBS is a market leader inSingapore with over four million customers and also has a growing presence in the three key Asian axes of growth, namely, Greater China, Southeast Asia and South Asia
So don't worry. DBS BANK (SPORE) won't suffer margin call.
Coming in at no. 6
HSBC Nominees (Asing) Sdn. Bhd. Beneficiary: Exempt An for The HongKong And Shanghai Banking Corporation Limited with 22 million shares at 2.74
Comin in at no 10
Amanahraya Trustees Berhad Beneficiary: Public Islamic Opportunities Fund
7.5 million shares at 0.93%. Backed by Public Bank of Malaysia
Other holders are local funds & foreign funds. Almost 80% of BONIA shares are held by TOP BANKS OF SINGAPORE, MALAYSIA & HONG KONG
Why? What Do They SEE In BONIA?
Another PADINI?
Or Another McDonald, IKEA, Coca Cola Or Old Town Coffee
No matter what NOW IS OUR BEST OF TIME TO GET SOME BONIA AT THE ROCK BOTTOM BARGAINS BELOW 50 SEN
BEST OF WARM WISHES
From
Calvin Tan Research, Singapore
calvintaneng
LAST TIME HAPPILY CALL ALL TO BUY PADINI AT RM1.60
NOW PADINI OVER RM5.00 NO MORE RECOMMENDING
CALVIN NEVER TELL PEOPLE TO CHASE HIGH
SO BUY LOW
BUY LOW LIKE NOW IS THE BEST!!!!
2018-02-05 09:31