https://www.theedgemarkets.com/article/stable-earnings-expected-padinis-upcoming-quarters

Padini Holdings Bhd
Upgrade to buy with a target price of RM5: Padini Holdings Bhd’s revenue for the first half of financial year 2019 (1HFY19) increased 4.6% to RM792 million attributed to positive growth from existing stores and with four new ones opened during the quarter. However, 1HFY19 net profit decreased by 13% year-on-year due to a poor performance in the first quarter of FY19 (1QFY19). Padini’s earnings before interest, taxes, depreciation and amortisation (Ebitda) margin eroded by 1.4 percentage points, which was attributable to higher staff costs, rentals and store operational costs. Overall, the 1H performance exceeded our expectations, particularly coming off the heels of a surprisingly low 1QFY19.

On a quarter-on-quarter basis, 2QFY19 revenue and core earnings increased by a substantial 40% and more than 100% respectively partly due to the Christmas holiday period and a five-day year-end sale as there were lesser festivities in 1QFY19. The higher profit growth can also be explained by efficiency in cost management. Recall that Padini recorded a surprisingly low net profit of RM18 million for 1QFY19. A third interim dividend per share (DPS) of 2.5 sen (2QFY18: 2.5 sen) was declared. We expect a full-year DPS of 11.5 sen, translating into a dividend yield of 3.3%.

We remain positive about Padini’s outlook as the company managed to shrug off its issues with rising costs, which resulted in a slump in its 1QFY19 profit. The 2QFY19 results demonstrated resilience and Padini’s ability to improve its profit margin despite cost pressure. On the risk side, its new store openings and cost to retain market share could exert pressure on margins. However, Padini has diversified brand names that appeal to customers, in our view. We expect more stable earnings for the upcoming quarters due to festive periods, that is Chinese New Year in 3QFY19 and Hari Raya in 4QFY19.

We make no changes to our earnings forecasts. Padini’s share price has fallen heavily since it reported weak results for 1QFY19 in November 2018. We believe that its current share price has more than fully reflected the lower earnings expected for FY19. — BIMB Securities Research, Feb 28

if a toll concession company can loan to build a highway, the government can also do that. why we need to privatize the toll collection? this was the previous government's juice. unfortunately, the old man started it first.
we shall see ALL highway concessions to be abolished and let's the government to operate it.

after government takes over the highways, it becomes flexible to open link roads that benefit the car & motorist. without this buy, the government have to compensate the toll concession companies for open a link road that divert the highway traffic. remember the opening of the Sungai besi-puchong road that provide a short cut & toll free road from Astro to IOI Mall? the government have paid compensation to KESAS.

There is a link road from Tesco Puchong to USJ Mamee Factory crossing a river ( Klang River ). the talk has been done many years ago but strong objection by KESAS due to traffic leakage. we see the light after government buys the KESAS. From this example, we sometime see privatized highway hinder new link road construction to protect their revenue.

somebody asked why down today. As i have said on last Friday, the news on the last Friday was bad news.

hey all. this is a bad news. i expect sel down comes 1 to 2 days later.

push up without volumn, only 1 or 2 retailers bought, you know nothing good is coming. do not fall into the trap

start flying... up up get the way up up up.

http://www.theedgemarkets.com/article/rm25b-rm27b-price-tag-splash-acceptable-shareholders

the last sentence:-
....... While diminishing political risks post the 14th general election may prevent water deals from failing, it is too premature to conclude that the valuation range as cited in the article will be acceptable to the shareholders of Splash. Gamuda Bhd’s 40% stake in SPLASH translates into RM1 billion to RM1.1 billion proceeds (41 sen to 44 sen per share) but we estimate a 15% to 19% downside to net profit ex-SPLASH with possibly no special dividends given capital expenditure commitments for the Penang Transport Master Plan. — CGSCIMB Research, July 30

possibly no special dividends given, wow!

build ETS double track will do. do we really need to travel so fast? we do not need so high speed with such an expensive cost. better get Gamuda to do double track, solve the problem.

bye bye Myeg. till we not meet again....

Despite political error, AirAsia stock to outperform and benefit from digitalization, HSR delay, AirAsia China JV
https://crucialperspective.com/despite-political-error-airasia-stock-to-outperform/

It is a good news but i do not expect a major price surge due to such announcement.

In other words, LOI is just a notice to the tenderers that the project owner wish to proceed with the successful tenderers on all kind of preparation leading to the binding of LOA.

LOI is just a notice to proceed with preparation of Letter of Award, contract documents and all kind of procurement planning, staff engagement planning, etc. However, the government can anytime NOT to proceed with LOA. In actual fact, there are many successful project tenderers in Malaysia do not proceed with anything with just receipt of LOI, the most they will proceed is some planning which involve very little cost.

orange88, do not simply accuse me for telling people HengYuan TP at 20. no point you put so much effort commenting on many forums but losing your creditability by giving false testimony. this is just a chicken asshole, mulut murai act.

this stock is on uptrending path, for sure. however, due to the upcoming GE14, the uptrend has been limited & all investors should monitor the movement VERY closely. Sell if you think the profit is sufficient for you to harvest. It won't reach until overbought stage this time. DO NOT be greedy. Once the government has announced the winner of the HSR PDP & MRT3 Turnkey, I foresee they will dissolve the parliament within few days time. DO NOT TAKE POLITICAL RISK.

really do not see the benefit of spamming messages everywhere, wasting time & energy. what were said easily discredit, carry no weight at all. mulut murai, woman mouth & chicken asshole, the chinese say.

good. let us give only valuable & constructive comments. respect this forum & all members

what do you mean? can not understand.

Just to clear your confusion, in Malaysia, we have :-
1) Monorail - in operation since 15 years ago.
2) LRT1 & LRT2 - in operation since 20 years ago.
3) LRT3 - just started project since few years ago.
4) MRT1 - just fully completed in mid 2017 (a PDP project)
5) MRT2 - just started project since 1.5 years ago (a PDP project)
6) MRT3 - circle line ( like Tokyo Yamanote Circle Line ), awaiting for award of turnkey contractor (a
turnkey design & build project)
7) HSR - awaiting for award of PDP.
8) ERL - from KL to KLIA1 & 2, completed few years ago by YTL.
9) Northern double track train systems - in operation since few years ago.
10) Southern double track train systems - just started work recently by YTL.

zoozooka, IJM won LRT3 2km tunnel contract, NOT MRT3. The project has been running since few years ago from Bandar Utama (PJ) to Johan Setia (Klang).

Orange88, your talk carry no credibility. save your quality time & spend with your family. Do not ever comment about a company with many complacent old staff. You are too much on this this. Reflect & see your own self.

orange88. please go to Gkent forum if you wish to promote GKent. this is too bad for you.

please expect another good news on HSR.

those who hold the stock until end next week will laugh all the way to the bank, XD!

haha. fake fund manager again mari

show time coming.

either this week or next week will announce the winner of the 2 train projects, 1 PDP & 1 Turnkey. That is before dissolving the parliament.

sad to see. high chance to turn red. the green can not be sustained.

haha... got fake fund manager here pretends to sell his HY shares under his fund accounts.

good QR results. i will get more tomorrow. hope can get at good price.

next round is HengYuan show.

PetronM is still in red. But NOT surprise me if the price turns green around 12pm or after lunch, as I believe many investors take the QR positively.

I am expecting HY price will perform excellent in the next few days welcoming the next QR release.

Not surprise me if the price turns green around 12pm or after lunch, as I believe many investors take the QR positively.

China will surprise the world with their national digital currency after crack down on Bitcoin.
Not only HY is powerful, the nation will be powerful.
You are buying a stock with powerful back up by a powerful nation.

https://www.coindesk.com/chinas-central-bank-opens-new-digital-currency-research-institute/
http://www.scmp.com/news/china/economy/article/2111456/why-has-china-declared-war-bitcoin-and-digital-currencies
https://www.coindesk.com/pboc-official-pushes-centralized-state-digital-currency/
https://www.coindesk.com/china-blockchain-maybe-2018/
http://www.scmp.com/business/companies/article/2118468/chinas-central-bank-studying-its-own-digital-currency-even-it

nevertheless, pls respect KYY as we too wish to gain respect from others.

there is no buy or sell of JAKS by KYY in Dec 17, Jan 18 & Feb 18. the latest acquisition by KYY was in 30-11-17. one acquisition by a lady in Jan 18 for 1.3million shares. please check bursa webpage for announcement.

KYY say "recent" may be means many many months ago ( before Nov 17 ).

dear all, check bursa announcement for any buy & sell by substantial share holders. especially JAKS

Lakelendren, KYY is a substantial share holder in JAKS. any buy or sell by him will have announcement in Bursa. please check any in Feb 2018? It is none!

some analyst always predict the polling day. Always ask the horse, not the jockey.

i foresee the down jone sentiment effect will haunt us for the next few days. better stay away. today not yet sing INI KALI LAH.

Today, HY still have some buying support. however, i foresee the trend will be going down AT LEAST for the next few days, possibly until below RM10. I hope to catch some bottom fish. Fundamentally, it is still strong but sentiment may kill the price at this moment. trade carefully. wish all be blessed.

at least tonight I can sleep well.

lesson learnt from the past many crisis like these 2 days. the best way is to sell & buy back later. even thought you have to cut loss or cut win. the DJI down fall can continue for sometime as the stocks over there have been over bought. the Chicago Panic Index is shooting high at ultimate uptrend. Let's be smart & not to go against the trend. nobody have any clue when is the end of the down fall. Today, I am too, have to sell off all my stocks at pain.

if you are trading for few days, buy & sell every few days or everyday, today may be your worry day. If you look at the fundamental & upcoming EPS this month end, you should be sitting beside a swimming & enjoy your cappuccino.... forget about daily up & down, just look at the price next few weeks.

if today price up can be kept until last minute, then expect to have early trend reversal after today trading. However, confirmed trend reversal will only be formed with 3 consecutive price-up days.

KYY still hold some & may buy back.. please check his article today. https://klse.i3investor.com/blogs/wealth_building_kyy/146119.jsp

Gasoline prices on the rise
http://www.sandiegouniontribune.com/business/energy-green/sd-fi-gasoline-prices-20180201-story.html

Goldman Sachs sees oil surging above $80 in 6 months
https://www.cnbc.com/2018/02/01/goldman-sachs-raises-oil-price-target-topping-street-consensus.html

Return of the Jedi.....