Posted by commonsense > 2018-12-04 09:51 | Report Abuse

Hi RainT,

I think you should wait for the 2Q19 result to be out to confirm whether the low revenue in 1Q19 is permanent or just a one off thing.

You are right to point out the festive season as a potential catalyst for the increase sales in 2Q19. But using the same type of argument, 1Q19 was also expected to post higher revenue given the tax holiday period.

What is worrying is that the low revenue might be an indication of higher competition coming from ecommerce platform such as Lazada. The CEO of Lazada just had an interview session at BFM this morning. He had indicated that Alibaba (Lazada parent company) is committed to invest a further USD2bil or (RM8.4bil) in Lazada to spurs the company's growth.

But I still hope Padini financials would rebound back in 2Q19.

Good luck.

Posted by RainT > 2018-12-04 11:37 | Report Abuse

@commonsense

thanks for sharing your insight on PADINI

to minimise the risk, better to wait another qtr to see the low sales is permanent or just temporary
anyway, i asl think that PADINI have opened many enough stores around supermarket in Msia

some stores no customers also , just the promoters more than the customers

Posted by Flintstones > 2018-12-04 13:36 | Report Abuse

If next quarter shows fhe same margin compression, padini will come crashing down to $3. This has happened twice before.

Posted by lizi > 2018-12-04 20:57 | Report Abuse

The padini that I used to know was RM1.80. PE around 11 to 13. Dividend yields almost 5%

Posted by Kpin Yeoh > 2018-12-04 22:13 | Report Abuse

Whats wrong with KLSE ? All good counter encounter this time of faith? Investor no confident with Malaysia economic?

Posted by truly > 2018-12-04 22:19 | Report Abuse

welcome to 2.5 .... sell all run aaaaa

Posted by RainT > 2018-12-04 23:19 | Report Abuse

Better wait another qtr result
so how is the margin

hope that time no too late to buy in ...lol

Posted by littleangel8 > 2018-12-05 14:24 | Report Abuse

my entry price RM 3.30

Posted by Depeche > 2018-12-05 14:55 | Report Abuse

Could sink below 4... let's see.

Posted by L2earn > 2018-12-06 09:25 | Report Abuse

It really shits ... feel bad for those buying/holding at high price

Posted by L2earn > 2018-12-06 10:25 | Report Abuse

will stop/support at 3.50-3.55

Posted by kimi21 > 2018-12-06 12:37 | Report Abuse

time to forget this counter and look for others up trend counter, Padini will drop like Yongtai and go holland, wakaka

Posted by mafiaa18 > 2018-12-06 15:26 | Report Abuse

what is uptrend counter now? All go down everyday.......

Posted by RainT > 2018-12-06 15:38 | Report Abuse

pecah.....break RM4.00

IF closing price can at below RM4.00....pecah

downtrend getting worse

Posted by RainT > 2018-12-06 15:39 | Report Abuse

@mafiaa18

fully agreed ...all now is downtrend

no uptrend

stim and erect a while then when want to shoot ...cannot shoot and soft back , this is how our Bursa shares look like now

Posted by carry > 2018-12-06 15:46 | Report Abuse

stay away... bear is chasing after the market now

Posted by Depeche > 2018-12-06 16:57 | Report Abuse

Looks like further discount on the way... be patient.

Posted by MiniClub > 2018-12-06 17:15 | Report Abuse

Stay away..Keep ur cash..

Posted by DTZW 1882 > 2018-12-07 00:13 | Report Abuse

2.5 coming soon....

Posted by michaelwong > 2018-12-07 00:33 | Report Abuse

Where were you all when padini reaches its highest peak ?

Posted by mf > 2018-12-07 03:06 | Report Abuse

Sell

Posted by cynachen > 2018-12-07 09:28 | Report Abuse

Waiting for it's DY to hit 4%, please come down more~~~

Posted by naruko > 2018-12-07 09:37 | Report Abuse

slowly..slowly...

Posted by Egalelity > 2018-12-07 10:20 | Report Abuse

Still too high for potential coming non growth quarter

Posted by HITnRUN > 2018-12-07 10:29 | Report Abuse

TP RM0.55

Posted by Depeche > 2018-12-07 11:48 | Report Abuse

It's daft to chase high... wiser to wait for a good counter with a big discount.. that's why many are here now.

Posted by kimi21 > 2018-12-07 12:42 | Report Abuse

Very soon rm3.00 with pe around 12, then slowly collect it..market very bad now, should rest and go for holidays lo..

Posted by starfish88 > 2018-12-07 15:10 | Report Abuse

keep dropping... on the road to RM3

Posted by Tongkarat > 2018-12-07 15:54 | Report Abuse

Aiyooooooooooooooooooooooo...

Posted by RainT > 2018-12-07 18:02 | Report Abuse

DY 4% or 5% is past thing la

if share price drop until RM1.00 & DY high until 10% also no use

if the company prospect is not good ,

bad prospect will lead to lower sales, then lower profit then lower operating cash flows , with lower cash & profit , PADINI will cannot sustain high dividend payment going forward

important is the future prospect and future potential DY

Posted by RainT > 2018-12-07 18:02 | Report Abuse

PADINI now still not yet bottom

Posted by pang72 > 2018-12-07 19:22 | Report Abuse

Final destination rm2

Posted by pang72 > 2018-12-07 19:22 | Report Abuse

Be patient!

Posted by carry > 2018-12-07 20:06 | Report Abuse

Wait for below RM2

Posted by mf > 2018-12-08 03:31 |

Post removed.Why?

Posted by warchest > 2018-12-08 12:43 | Report Abuse

Padini is waiting for RM3 soon

Posted by warchest > 2018-12-08 12:46 | Report Abuse

All businesses starting to feel the heat after GE14, Astro, Tune and many companies into VSS. The results all turned bad. And many corporations need to attend fund raising activities to fork out money for new gov

Posted by carry > 2018-12-08 19:37 | Report Abuse

Down!

Posted by stockraider > 2018-12-09 13:05 | Report Abuse

Understand this loh.....!!
In investment every dogs has its days loh....!!
Take Padini for example......this 3iii has been shouting and screaming like a champion about it....but just within 1 wk....this Padini loss 50% of its value loh.....!!


ALWAYS REMEMBER TO PROTECT YOUR INVESTMENT WITH A STOP POSITION.
U CAN ALWAYS BUY BACK MAH.....!!

Posted by RainT > 2018-12-09 13:39 | Report Abuse

Don't rush ....wait nex qtr result see how

If also bad , then really no hope already

Posted by RainT > 2018-12-09 13:40 | Report Abuse

Habis Monday big drop

Dow jones down 500 points plus

Posted by shareinvestor88 > 2018-12-09 17:19 | Report Abuse

Sell tp 50c

Posted by warren buntut > 2018-12-09 17:21 | Report Abuse

sell tp 0.2

Posted by carry > 2018-12-09 17:24 | Report Abuse

see how it performs on Monday first

Posted by lizi > 2018-12-09 17:34 | Report Abuse

well said stockraider.....if you have brought padini long time ago, then it is fine...but now it look like tip of the iceberg...so those rush in, be prepare to hold long...every stock has its day...

Posted by calvintaneng > 2018-12-09 19:36 | Report Abuse

Padini has been hit hard after Malaysia put a stop to China Nationals buying up Forest City.
As a result China tourists to Malaysia has dropped.... Affecting the sales of Padini in Jpo and other places.

Pray for our Govt to have wisdom and bring in FDI, tourists and My 2nd Home investors to stimulate the economy

Posted by newbieinvestur > 2018-12-10 17:30 | Report Abuse

Went up 9cents, EPF came in

Posted by trulyinvest > 2018-12-11 12:09 | Report Abuse

wow new low... below rm3 I guess

Posted by stockraider > 2018-12-11 12:11 | Report Abuse

Why epf keep buying ??

Profit is falling....cash is dwindling everyone can see mah...!!

I suspect someone pays epf people to do that stupid buying to support loh.....!!

Posted by dingyuan > 2018-12-11 14:50 | Report Abuse

i can only say - buy before it's too late!