Supermax's mkt cap is 1.25B, you need to pay a premium to buy, so the purchase price can not be 1B, it has to be way above, at least 2B.

The biggest concern is the decline in both top and bottom lines of core manufacturing segment; profit is actually down from 9.44M to 8.92M (removed one off gain of 6.63M), or down -5.5%. see page 6 of 12 of notes.

ks55, thank you for the inputs, appreciate that very much. I took your advice few years back, am glad!

Hi ACELEE, thank you. Kindly share the correct calculation. TQ

Yes, the total share issued will be double. stock price will be down by half, based on current price of $1.14, it would be 1.14/2= $0.57

Hi Calvin, Agreed in general. Just wish to add on my inputs, we must be able to evaluate the intrinsic value of a company. To do that, you must only invest within your circle of competence, only buy company with business you understand, with the capable management that you trust.

Like what Walter Schloss said, Quote: “ In life, we should be confident in ourselves, do something that we like and are passionate with; not doing something that we don’t like just because it makes us money.”

cephasyu, great job!
I am investor of Padini too. I enjoy reading your article, hope to see more in future, keep up the good works.
Take care and thank you.

Hi KS55,
Agreed with you.
One of the key issues with Parkson is the lacking of leadership. who will succeed WC when he is gone? can't see that from the recent years performance.

not just dividend.Other than sales and opening of new stores, Padini has improved their cash flow and inventory management comparing to the same period of 2014. Traditionally, 2nd half of the year is a better period for retail sales. no matter how hard life is, one still wish to celebrate with their love one and family during holidays and festive seasons.

someone is accumulating, they just "fry" the old story every now and then to impose fear.

PROPOSED RENEWAL OF THE AUTHORITY FOR PADINI TO PURCHASE UP TO TEN PERCENT (10%) OF ITS ISSUED AND PAID-UP CAPITAL (PROPOSED SHARE BUY-BACK)

Thank you KC, keep up the good works!
For me, I will buy my freedom thru' investing, and I will remain active as a investor after achieving my goal.

Insas-PA is of higher premium than mother share now, as the gap drift further, the pendulum will swing, and mother share will become more attractive, there is no limit to the gain of mother, but Insas-PA is cap at RM1.