It is a great news that the "Management reaffirmed its commitment to pay 2.5sen dividend each quarter (equivalent to 10sen p.a.)". Revealed by Amresearch after the recent meeting with management.http://klse.i3investor.com/blogs/amresearch/70126.jsp

Hi Stock: it is a big member in my portfolio lei. Too big till I dare not to add more. Unfortunately, it is a big negative one. Cannot help falling love with its dividend.

Very fair comment. In fact I have the similar concern, that is why I stop accumulating temporarily. If the profit cannot go up as fast as predicted to justify the current PE and to sustain the div yield, price will drop further when the market turn bearish just like what happened in Dec14.

Thks for the many constructive comments on Padini. Very happy to see you all stand up to defend Padini from the many pessimistic attacks since few days ago.

We respect negative comments but at least it should be logic and fair, don't you?

kcchongnz: without you, i3 would not have as many viewers as today. You have my support. Ganbette!

Wow, moving so fast.

Macro economy of M'sia is very weak and widely spread in many industries such as direct selling(zhulian, HaiO), properties, plantation, steel , retail(Padini, GAB, Carlsbg) and the latest oil and gas. Under such tough biz environment, Padini still able growing its revenue and profit. This is a kind of evidence of biz competitiveness.

H&M, Uniqlo, cotton on are "looked" good from few outlets and few aunties, we would never know their actual biz capability. Therefore it is superficial to prejudge that Padini is losing out.

Knowing from company's briefing, biz(outlets) expansion is moving aggressively. This will definitely grow the revenue. How much the profit will grow will be known only by the subsequent quarterly reports. It is premature in prejudging its biz performance by just seeing biz condition at few outlets and listening to few aunties. If products of Padini are really inferior and uncompetitive to H&M, Uniqlo and Cotton on, please help me to understand why its revenue and profit grow year after year.

We respect your comment, but if are so pessimistic on Padini, you are not forced to invest in Padini, aren't you?

WC comes free together with the Right which had been ex last month. Application will expire on 12 Feb.

撞彩啦

I bet that it will anytime break 0.70. I will wait and review after 0.80. How about you all?

0.415+1.42=1.84. 10 lots=RM18,400 and comes with 3 free WC.
Assumes mktg value of WC at 12 cents. 3 WC x 120=RM360.

If the today's close(RM1.99) sustains till receiving the new share and WC, the mktg value would be RM19,900 + RM360=RM20,260

Profit = RM1860(=10% profit).

Attractive "chicken stealing" mission.

I LIKE the ironic and humorous comment, amuses me in the early morning. Ha! Ha!. Thks.

Rm2.63 for 5 yrs.

I have bought OR till the last cent of my fund. Sometimes just need to bet big.

以上对实康的分析听起來很美好，实际情况有待观察。身为股东，当然是希望一切顺利，就像当初所预测一般。加油，实康，好糠。

In fact I have had heavy investment in LPI already, based on market value. I should not put all eggs into one basket mah, right? Since LPI has turn out very outstanding front runner, I have hindsight painting idealistic scenario that if I have all of my portfolio in LPI. It is a hindsight in high mode atmosphere. Unrealistic, it is unrealistic.

Another case related to luck was that I was inspired to buy more at 17.80 last week and queued at 17.80. Unfortunately my buy order was not matched, else I would have 2k extra in a week.

金鱼记憶，忘了昨天输，今天再下注，再拉低平均价格。明天须炖猪脑補補。

I am waiting. If the mktg does not go up, people will dump OR at the last day at cheaper price. But if the mktg rebounces in the next few days, the mother and OR will up in tandem. If it rebounces, then just let go the opportunity loh. Good luck.

TSH needs lot of money to expand biz, i.e. grow more oil palm. Sometimes TSH buy more plantation land too. Therefore the mgt opts to reserve most of the profit instead of distributing our as div.

暫时赌输了。哈哈！赌好像不适合我。

Bought again at 0.66, thus average cost has been pulled down to lower than 0.70. 趁新年气氛濃，就赌一手吧。反正已很久沒赌了。

哗!如此深情的人，已买少见少

Wow! Div 55 cents ex 12 Feb plus 1:2 bonus. Thank you very much Tan Sri Teh and the mgt for your good work.

I also think 0.70 is coming soon, that would break even my average cost only. I bought 0.7+ in Oct 14 and 0.60 last week.

When it droped to 4.20, I q at 4.00 but failed to get any. Subsequently I was impatient and took up some at 4.40 at that time.

Wow, if rewarding me with special div, I am very happy to wait and wait. Anyway, It has to be announced not later than Fri, right?

I understand calculation of mr. kcwong and agree that his ASSUMPTION that WB would command 20% premium is reasonable due to the high growth nature of Inari.

If the WB is not traded at 0.90(0 premium) but at 0.65 as your calculation and you buy OR at 2.30, you will lose 0.25 cents on the day WB is traded even thought the mother sustains at 2.90 on that day.

Thks for kind reminder.
It may bounce up too. 50:50, not right or wrong.

I am very optimistic with MPI too. I agree that RM 7 will be surely touched one day, the question is by when? Months or years later ? When it was 6+ couple months ago, I waited for 7. As a result, it instead downs to 4.20, and today at 5.7. So, when will my 7 coming?

Don't play me lah, where is my dividend? I am depending on it to "open rice". Last year this date, div has been ex.

Me too waiting for dividend. I still need close to two years of dividend to break even as most of them were bought at higher price last year. After that it would be a free few K each year by just shaking legs and eating "bao". Full of joy then.

High growth prospect, 20% premium is reasonable. My concern is if 2.90 is sustainable.

Hi Val-Elta: thks for the great analysis again. Yours is more relevant to us as compared to those of Kenanga.

I am same with you, have been and still is the shareholder of Notion, not a negligible portion of my total portfolio. After many years of portfolio cleaning and switching, almost all old holdings in my portfolio are now in positive region even after the big correction last month, except this one which I descrbided it as my lemon stock. Ha, I just cannot understand why I do not switch it out as I did on many others but naively keep the lost from 1.20(or maybe 1.60, too long till cannot remember) to the current 0.46. I see myself just like “阿嬌：我太㣭，太天真”。Maybe sometimes, I just need to be naive to balance the exciting life in share market.

I do agree selling now is equal to selling at near bottom. Buy? It is too sour for me.

Cheers, and thks again for your consistent "gate-keeping" on notion.

Yup! I have full confident that I would not die on Padini because on its left I have "stock" and on its right I have "power" - stock with power=a sure win recipe. Fabulous, isn't it?




Growth + Dividend= winning recipe.

Hi Power: thks for your warm greeting. I am doing great, how about you then ? Since talking to you last year, I have been accumulating Padini till recently at 1.37. It has now become one of my top holding, therefore win or die will mainly depend on Padini. Good luck.

From good side, people say MKH has double growth engines which are properties and plantation, thus its future is very bright. On the flip side, both sectors are in pessimistic mode now and in foreseeable short future thus I do not think its share price will bounce back anywhere close to its previous height. It's dividend is not great too.

p/s. I sold 60% of my MKH at 3.40 after ex bonus and keep another 40% till now.

Hey man, pls be informed that there was a 1:5 bonus issue in May 2014 which adjusted down the mkt price after the ex-date.

Anyway, the current 2.72 is still a steep discount from the height recorded last year.

Worth a read : “Case Study On Padini Bhd – Savwee” http://klse.i3investor.com/blogs/kianweiaritcles/69107.jsp

I would not say it is a "No competitive biz" but it you say it is "not sexy", I have to agree. A "no competitive biz" would not survive in the intense competitive market for so many years, not only making money each year but making more each year.

Savwee: Great writing. Don't feel sorry for entering at 1.89, you have many friends entering at that price range. I am one of them, with a big sum too. Luckily I was able averaging down when it dropped to 1.7x, 1.5x, 1.4x and 1.3x. If it drops to 1.3x again, I will buy more to pull the average down further. Good luck, cheers for the high div yield.

If the above KHChan is the PR officer of Padini, he is deemed as not fit and need to attend training for the job.

I was willingly conned at 0.60.

I helped to slow down the drop at 1.7x, 1.5x, 1.4x and 1.3x. I am wounded and need time to recover. So let others to help in pushing up.

If it really unfortunately drops to 1.3x again, I will come in to slow down the drop again although my road block is very very tiny.

Agree that it is a strong company. However basing on historical trend, I do not think volume will come after right and bonus. I also do not think there will be a "pump" activity.

GLC mops up the added free shares from open mktg is possible as they always aim to take over excellent property company. Thing happened on sunrise and sp, can repeat on Mahsing. I stand by Mr Leong, hopefully he will no make any mistake opening door for them to come in.

1.44 to 1.30=10% drop in a week. Wow! Killing people meh? I am very scare. God! Help.



Anyway, I would bet for a cup of Starbucks that the chart will not be right this time. Let us see..

Lucky you.

Certainly you can buy and then subscribe the right.

Not true