Posted by J For Janice > 2018-12-15 15:32 | Report Abuse

Really make me wonder why got so many naked malaysian.

Posted by omgimnoob > 2018-12-15 16:23 | Report Abuse

I will only touch when it reaches 50 cents

Posted by Parkson888888 > 2018-12-15 16:24 | Report Abuse

You mean they gamble until no money to buy shirt?

J For Janice Really make me wonder why got so many naked malaysian.
15/12/2018 15:32

Posted by Fabien Extraordinaire > 2018-12-15 17:08 | Report Abuse

Padini has long been overvalued, too high expectations of growth being pricing in amid unrealistic optimism and driven by investors' GREED.

When the sentiment reverse or when market starts to realise its mistake, eventually the market will "correct its past mistake" by bringing down the valuation to its fair value.

So the question now is what is the fair value for Padini? At current price, is their ample margin of error? is it undervalued?

back in the days, i bought Padini when it was pricing at 5-6x PE with yield 4-5%.

that was the time when u know u have found a hidden gem.

Posted by Alex™ > 2018-12-15 17:11 | Report Abuse

When market down, we don't use the term fair value. What is cheap gets cheaper. Lower price leads to still lower prices.

I won't hoot padini because of insane valuation. Not now too.

Posted by Fabien Extraordinaire > 2018-12-15 17:23 | Report Abuse

when it drops back to PE 5-6x maybe i'll reconsider Padini again.

Coz its cheap enough then.

Posted by lizi > 2018-12-15 19:18 | Report Abuse

Pe 5 to 6? I thought i already very no give face to this overvalue padini...u more mere than me..

Posted by lizi > 2018-12-15 19:28 | Report Abuse

ok, it is possible if their future earning slump further, meaning current pe of 6 is equivalent to forward pe of 13 (anticipating future earning plunge)...that's make sense.

Posted by qqq3 > 2018-12-16 00:00 | Report Abuse

no kidding....how to be stock picker?

just when everybody so bullish...and no GST quarter some more.

Posted by shpg22 > 2018-12-16 11:33 | Report Abuse

Quarter revenue is actually up YoY. Only amateur compare it QoQ.

Posted by VenFx > 2018-12-16 19:58 | Report Abuse

Padini fundamentally remained super strong.
Growth wise just follow their next 2 qtr la.

Precautionary measure; be aware that most chips accumulated at very low costs.

I will wait for the settling 1st.
Which believed somewhere below $2.80

Posted by trulyinvest > 2018-12-16 20:33 |

Post removed.Why?