PADINI HOLDINGS BHD

KLSE (MYR): PADINI (7052)

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Last Price

3.42

Today's Change

-0.01 (0.29%)

Day's Change

3.42 - 3.47

Trading Volume

22,600


25 people like this.

8,729 comment(s). Last comment by HafizAjiad98 22 hours ago

kokojerry

269 posts

Posted by kokojerry > 2017-09-07 18:59 | Report Abuse

Just a sharing, wife want to bought some clothes for the kids online, but cannot deliver due to sold out and refund to us.... very efficient and meant a lot ppl buying the quality clothes from them even online

samdogass

46 posts

Posted by samdogass > 2017-09-07 20:30 | Report Abuse

just bot padini at 5

RainT

8,448 posts

Posted by RainT > 2017-09-07 22:49 | Report Abuse

Sitting on 130% profit

optimus9199

2,794 posts

Posted by optimus9199 > 2017-09-07 23:19 | Report Abuse

up up up! total profit 275% over 3 years.

kokojerry

269 posts

Posted by kokojerry > 2017-09-08 01:05 | Report Abuse

Sap sap sui for 275%

Posted by sharinginfoz > 2017-09-08 09:20 | Report Abuse

KUALA LUMPUR: Shares of fashion retailer Padini Holdings Bhd rose to a record high of RM4.45 on Thursday as analysts were upbeat about its outlook and ahead of its dividend of 2.5 sen per share going ex on Sept 16.

At 11.05am, it was up 19 sen to RM4.44 with 1.09 million shares done.

The FBM KLCI was up 3.09 points or 0.17% to 1,775.57. Turnover was 1.01 billion shares valued at RM608.50mil. There were 379 gainers, 263 losers and 329 counters unchanged.

In the financial year ended June 30, 2017, Padini's earnings rose 14.5% to RM157.38mil from RM137.38mil a year ago. In the fourth quarter, earnings edged up to RM39.48mil from RM37.35mil.

At the current price of RM4.44, it is trading at a price-to-earnings of 18.48 times and for the FY ending June 30, 2018, it is trading at a forward P/E of 15.56 times.

KAF Seagroatt & Campbell has a Hold call with a target price of RM4.20 while Credit Suisse and Kenanga Investment Bank Research have Outperforms calls at RM4.80 or RM4.60. DBS Vickers has a Hold at RM3.55.
Read more at http://www.thestar.com.my/business/business-news/2017/09/07/padini-at-record-high-ahead-of-dividend-going-ex-upgrades/#ImzU6GRjILJ5TMGS.99

Posted by sharinginfoz > 2017-09-08 09:21 | Report Abuse

PETALING JAYA: Fashion retailer Padini Holdings Bhd’s shares rose to an all-time high to close at RM4.51 yesterday, as analysts remained optimistic on the homegrown company’s outlook and ahead of its 2.5 sen dividend payout on Sept 29.

The stock rose 26 sen or 15.35% to close at RM4.51 yesterday, with 3.19 million shares being traded.

On a year-to-date basis, the stock is up 77.63% and trading at a historical price earnings ratio of 18.85 times. It also offers a dividend yield of some 2.22% at its market capitalisation of RM2.96bil.

Padini sells clothing, shoes and accessories, and its most prominent brands are Padini and Vincci.

Amid weak the consumer sentiment, Padini continued to perform well.

The retailer posted a 14.6% hike in net profit to RM157mil for the financial year ended June 30, 2017 (FY17), against a net profit of RM137mil a year ago.

Revenue was up 21% to RM1.57bil from RM1.3bil previously, supported by positive growth from existing stores with an 8% same store sales growth.

.Another reason for the improved performance was because Padini opened 14 new stores in FY17. They included six Padini Concept Stores boutiques, seven Brands Outlets and one free-standing store.

A Bloomberg poll showed that Padini had six “buy” ratings, six “hold” and no “sell” calls.

According to Kenanga Research analyst Wan Mustaqim Wan Ab Aziz, Padini’s share price rally could be due to its much-anticipated dividend payout and the company’s strong fundamentals.

He said the steady fundamentals were mainly backed by its good financial performance and the retailer’s focus on the value-for-money market, especially for its Brands Outlet.

“Padini has also announced the closure of some of its Vincci outlets and Seed brand locally and abroad, as part of the company’s plans to restructure its business.

“This resulted in lower operating expenses for Padini during the last financial results (FY17),” he said.

While the sentiment is still soft, Wan Mustaqim, who has kept an “outperform” call on the stock, opined that the outlook for Padini was resilient, as the retailer has plans to open 12 value-for-money stores in FY18.

Another analyst also concurred with Wan Mustaqim and felt that Padini’s prospects remained healthy because of the company’s strategy to market fashionable yet value-for-money items.

Padini had said in a May report that about 90% of its products were sourced from China and just like other retailers, the unstable ringgit may pose a downside risk to the group’s growth.

Read more at http://www.thestar.com.my/business/business-news/2017/09/08/padini-shares-at-alltime-high-of-rm451/#pDkbyRD0K2kQxk53.99

Posted by sharinginfoz > 2017-09-08 09:21 | Report Abuse

Most likely profit taking today

Posted by CrossSymbol > 2017-09-08 10:45 | Report Abuse

wow unbelievable padini. time to take some profit :)

elter

7 posts

Posted by elter > 2017-09-08 11:34 | Report Abuse

Rm 5?

3iii

13,208 posts

Posted by 3iii > 2017-09-08 12:52 |

Post removed.Why?

Posted by charliemunger > 2017-09-08 14:30 | Report Abuse

hoho...I have earned up to 200k in this counter alone in three month! take profit yesterday and today!bye bye padini! i wish u all the best!

optimus9199

2,794 posts

Posted by optimus9199 > 2017-09-08 16:22 | Report Abuse

The sky is the limit for Padini

kokojerry

269 posts

Posted by kokojerry > 2017-09-10 07:59 | Report Abuse

RM5 is first TP before Next QR.... then would be more growth news in SEA.....Asia....Africa....Middle East.....Europe....NA/SA....RM10,15,20 coming....Asian Zara in the making!!! Think big like Alibaba, Mr Jack Ma.....

RainT

8,448 posts

Posted by RainT > 2017-09-10 12:42 | Report Abuse

kokojerry
Please don't dream la.....Padini is local brand ...how to fight with foreign brand

Foreign fashion brand have good sense of fashion and latest

You see how Malaysian fashion sense ????? All wear like ah pek and ah ma go around , no fashion sense at all

RainT

8,448 posts

Posted by RainT > 2017-09-10 12:43 | Report Abuse

Just feel Padini increase in share price really crazy !!!!!!

After up so much ...just wandering the buyers based on what prospect Padini have ....and continue buy at high price now

yang88

133 posts

Posted by yang88 > 2017-09-10 15:11 | Report Abuse

I had unloaded all my Padini shares , thank you very very much to PADINI. I wish all those who choose continue to hold the shares good luck and Bon voyage to your TP of 5, 10, 15. Bye....

nekosan

3,637 posts

Posted by nekosan > 2017-09-10 17:06 | Report Abuse

good for you Yang88. congrats

Posted by StreetAnalyst > 2017-09-10 22:02 |

Post removed.Why?

yang88

133 posts

Posted by yang88 > 2017-09-11 10:25 | Report Abuse

Thank you Nekosan. I believe that this round everyone in this group is making big money . Congratulations to everyone....

samdogass

46 posts

Posted by samdogass > 2017-09-12 16:01 | Report Abuse

Bot at 4.65 ..how ?

bangsar

3 posts

Posted by bangsar > 2017-09-15 15:45 | Report Abuse

4.38 wat happpen?

RainT

8,448 posts

Posted by RainT > 2017-09-17 12:17 | Report Abuse

When share price drop ...please don't always comment 'wat happen'

Use brain and think la

Either should be profit taking or big fund selling and there is no change on Padini fundamental value , biz still good and good as usual !!!

Posted by Mohd Fahmi Bin Jaes > 2017-09-17 12:18 | Report Abuse

general election announcement

Posted by charliemunger > 2017-09-19 18:00 | Report Abuse

today padini performance is very good.

omgimnoob

514 posts

Posted by omgimnoob > 2017-09-19 21:09 | Report Abuse

which branch?

Posted by Shichimi Togarashi > 2017-09-20 00:06 | Report Abuse

Drop to 4.29 suddenly and then back to top. Closed at 4.45.

prince4

1,459 posts

Posted by prince4 > 2017-09-20 16:32 | Report Abuse

before election market uncertain,funds manager and foreign funds money would not flow in fundamental big cap and mid cap stock now no prospects,because everybody scare buy high losses money ,expect fund manager money would flow out in big and mid cap stock cannot hold and buy.
TOP volume all low prices stocks.This is a opportunity ,markets money now flows in cheaper stocks. sharks now start goreng lows price stock at bottom..

YC_Ma

907 posts

Posted by YC_Ma > 2017-09-21 21:19 | Report Abuse

wkakakak i love you padini

optimus9199

2,794 posts

Posted by optimus9199 > 2017-09-29 16:54 | Report Abuse

up up up

richboy

188 posts

Posted by richboy > 2017-09-29 18:21 | Report Abuse

Congrats! Another new high!! :):):)

Posted by tmp14680 > 2017-10-04 17:28 | Report Abuse

Another new high today...

Posted by Shichimi Togarashi > 2017-10-04 21:08 | Report Abuse

Will padini break next resistance this week?

optimus9199

2,794 posts

Posted by optimus9199 > 2017-10-04 23:03 | Report Abuse

Hope Padini can break 4.65 tomorrow with big volumes

Posted by sharinginfoz > 2017-10-05 08:41 | Report Abuse

kena sabar dengan padini. as long as we know the company has fundamentally strong, i dont think we should worry

kokojerry

269 posts

Posted by kokojerry > 2017-10-05 19:56 | Report Abuse

RM5 next TP

Posted by leslieroycarter > 2017-10-06 12:38 | Report Abuse

Already all time high ....still got room to go up ?

Posted by leslieroycarter > 2017-10-06 12:41 | Report Abuse

Dividend all time low....at Rm 1+ m div got 2.5c *4=10c , now nearly RM 5 m div less than 10c ...so it is no more div friendly...

dextronium

282 posts

Posted by dextronium > 2017-10-06 13:58 | Report Abuse

I think If it is judged from EPS, this company is quite generous.
FY 2017 EPS 23.92 DPS 11.5 Payout 48% from earning
FY 2016 EPS 20.89 DPS 11.5 Payout 55% from earning
FY 2015 EPS 12.18 DPS 10 Payout 82% from earning
FY 2014 EPS 13.80 DPS 11.5 Payout 83% from earning
FY 2013 EPS 12.87 DPS 8 Payout 62% from earning
The share price is getting higher and affects the PE ratio but this has nothing to do directly with dividend, IMHO.
Thanks in advance for any input.

RainT

8,448 posts

Posted by RainT > 2017-10-08 10:19 | Report Abuse

Rm5 the target price ????

Already high then set higher target price ...high and high

Really sky is the limit ????

Posted by Waninvestor > 2017-10-12 16:25 | Report Abuse

Buy jangan X buy

omgimnoob

514 posts

Posted by omgimnoob > 2017-10-13 11:20 | Report Abuse

What happen? Split ? Bonus issue? Special announcement?

ivan9511

3,854 posts

Posted by ivan9511 > 2017-10-13 13:55 | Report Abuse

agreed . luckily last time I enter when around 3 ringgit now profit almost 80%. padini sure will break 5 ringgit this is a super good dividend counters
from lowest 2 to now more than 100% profit .
I believe will limit up until 6 ringgit soon .
my take profit tg is 5ringgit
faster limit up padini

Beng Beng

174 posts

Posted by Beng Beng > 2017-10-13 14:52 | Report Abuse

padini turns into magni ? lol . i hope so .

samdogass

46 posts

Posted by samdogass > 2017-10-13 15:12 | Report Abuse

Bought at 4.65 ..how

optimus9199

2,794 posts

Posted by optimus9199 > 2017-10-13 15:46 | Report Abuse

4.80 now huat ahh

Beng Beng

174 posts

Posted by Beng Beng > 2017-10-13 15:56 | Report Abuse

lol, sold partial at 4.79 , bought all at 3.30. huat ar

Posted by tmp14680 > 2017-10-13 18:06 | Report Abuse

Record high again...

ivan9511

3,854 posts

Posted by ivan9511 > 2017-10-13 18:13 | Report Abuse

all huart la.
keep limit up please padini

kokojerry

269 posts

Posted by kokojerry > 2017-10-13 19:36 | Report Abuse

Sky is the limit!!! Deepavali is coming.... festival season... good qtr!!

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