Newbie investor here...would appreciate if anyone can advice on the outlook for padini-cf.... Warrant expiring in few months time...will the price go down or up as the maturity date nears?
If PE15, padini should be at 3.5, this is very reasonable PE for consumer stock. This haven't take into consideration of the future EPS growth, that is why TA gave padini TP 4.0
CF is in money now, exercise price is 2.9, once mother go above 3.0, this CF will run like wild horse, you see today it still doesn't really catch up with mother movement
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
tkp2
3,027 posts
Posted by tkp2 > 2017-02-28 12:10 | Report Abuse
i like the current chart, stabilizing with low volume, whack the CF, 50% profit is easy. 100% is possible.