pilindo plays bursa at midnight?

从RM2.10跌至RM1.60，PADINI的竞争风险真的有那么高吗？

公司名字: PADINI (巴迪尼)
代号: 7052
市值: RM 1.06 bil
每股净利(最近四个季度):13.31仙
本益比: 12.1
每股资产: 58仙
现价: RM1.61
目标价: RM2.00
信心指数: ★ ★ ★ ★ ★

业务

服装业。

前途
经过多年的努力，PADINI从一个小公司，变成了一间众所周知的服装业者，各大广场都有它的出现（PADINI与BRANDS OUTLET）。同时，也获颁了FORBES 的＇ASIA'S 200 BEST UNDER A BILLION＇的荣誉。

去年，PADINI与新加坡公司FJ BENJAMIN，签署为期10年的特许经营协议，以VNC品牌，攻打印尼市场。去年，PADINI与新加坡公司FJ BENJAMIN，签署为期10年的特许经营协议，以VNC品牌，攻打印尼市场。同时，也不断开拓本地市场。经过多年在西马塑造了品牌后，PADINI将进军东马市场。

分析
去年，PADINI因市场激烈的竞争，导致盈利从九千六百万微跌至八千五百万。但今年，有望重回九千万的关口。虽然服装业的竞争越来越激烈，但PADINI的营业额不跌反增，这足以证明管理层的实力。相信大家也看到，每逢周六周日，PADINI CONCEPT STORE都挤满了人潮，

除此之外，PADINI也因为２０１３财政年只开几间新店而使到营业额没有明显的增长。但在２０１４财政年，至今，已经在开了１间PADINI CONCEPT STORE（PENANG）和３间BRANDS OUTLET （PENANG，LANGKAWI，MIRI）。预料将在六月前多开２间PADINI CONCEPT STORE （SEREMBAN，MIRI）和３间BRANDS OUTLET （SEREMBAN，USJ，JB）。这有助于营业额的增长，有望在２０１６年达到十亿。

由于PADINI的生意模式不需大量的资本开支，这让PADINI累计了大量的现金。１０年前，PADINI只有两千万现金。十年后的今天，PADINI拥有超过２亿的现金。这也是为什么PADINI拥有那么高的派息能力。现今，PADINI每季都派出２.５仙的股息。

总结
无法否认，服装业的竞争越来越激烈。无法否认，服装业的竞争越来越激烈。但股价从高峰的RM2.10跌至RM1.60。市场对它的担忧有点太多了。

１５年财政年的股息有望达１２仙，以６％的DY来计算，股价应该值RM2.00

共勉之


source: 股帮闲聊 (facebook)

real bullish tomorrow

resistance at RM 4

RM 4 soon

wow..nice graph

i guess its a good thing, right?

In Islamic mystical philosophy and in irfan, keramat (کرامت karāmat, also کرامات karāmāt = karaamaat) is the ability to perform supernatural wonders by saintly Muslims. It is "thaumaturgic gift" akin to the miracles of prophets.

more show tomorrow

luckily cut loss early

told you not to sell at low price

sold a bit @21 cents, buy back if it goes down again

hold your shares guys , sell them at low prices, you will regret soon

was that tommylim throwing btw?

time to collect again :)

cheap sales, time to collect . dont wait

start goreng tomorrow

lets go for 60 cents tomorrow

limit up soon

flying again tomorrow

will goreng soon

65 cents this week

im in, very confident in this undervalued stock

building new support level

SELLING @0.06

0.085 gone

can easily buy @0.06, whats the point buying with such high price but not buying a lot of shares

fake q

will fly again, dont miss the boat

RM 3 soon

more show before closing today

divident coming soon?

any news?

25 cents soon

rebound today

agreed

bullish again tomorrow

worth buying

0.21 selling queue cleared!

AyamTua will buy 500k lots at 4pm to make the magic happen?

suddenly so many throwing at 0.21

towards 0.215

very low volume today

how did you know tekad c/w will throw today?

hayashi is such a nice person, worrying so much for us

dont run....nanti jatuh

i prefer to walk

UMA already

wow..a miracle just happened

will reach RM1 this month