Posted by Jengacam2 > 2020-03-23 12:29 | Report Abuse

no more growth, TP 0.50
GG

Posted by kentwoon > 2020-03-23 14:18 | Report Abuse

why why why tell me why?
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ (RM,000)
Qtr ### FY QUARTER ### REVENUE ### PBT
1 ### 30-Sep-19 ### 338,040 ### 26,875
4 ### 30-Jun-19 ### 516,470 ### 73,382
3 ### 31-Mar-19 ### 474,188 ### 47,086
2 ### 31-Dec-18 ### 462,577 ### 72,202
1 ### 30-Sep-18 ### 329,787 ### 26,624
4 ### 30-Jun-18 ### 477,911 ### 80,724
3 ### 31-Mar-18 ### 425,269 ### 50,041
2 ### 31-Dec-17 ### 460,434 ### 66,974
1 ### 30-Sep-17 ### 315,175 ### 41,909
4 ### 30-Jun-17 ### 460,485 ### 54,433
3 ### 31-Mar-17 ### 373,737 ### 46,401
2 ### 31-Dec-16 ### 426,647 ### 72,740

Posted by DestinyL > 2020-03-25 16:26 | Report Abuse

OMG, worst comment ever this should be considered a ban

Posted by Philip ( Write To Me If You Need Help) > 2020-03-25 16:34 | Report Abuse

Wow this is a shit investor indeed. Going to other sites to promote his own held stocks after buying and telling other to push up so he doesn't show losses.

Someone bought shares from 1 cent to 1.5 cent to 2 cents, now losing value and money.

Embarrassing indeed. This is not how to become a top investor, by insulting other stocks and promoting themselves.

This is his long term results. Poor indeed, very low class investor.

https://klse.i3investor.com/servlets/pfs/123029.jsp - 2019 results
https://klse.i3investor.com/servlets/pfs/131750.jsp - 2020 results

With these kind of results he is very confident despite no portfolio and no results.

Bah hambug!

Posted by MamakKutty > 2020-03-26 09:54 | Report Abuse

you can chat him up @0193384010/+6591069127.

Posted by enigmatic ¯\_(ツ)_/¯ > 2020-03-27 23:04 | Report Abuse

Let's hope calvin is right this time for Padini to fall below RM1.50!

My FD is prepared for this moment.

Posted by Stockhunter85 > 2020-03-30 11:42 | Report Abuse

Good dividen stock ..... Epf is buying in huge volume . TIme to collect ...

Posted by newuser999 > 2020-03-30 13:02 | Report Abuse

Padini will temporary close until 14/4/20 or further notice.

https://www.facebook.com/padiniholdingsbhd/photos/a.10150171397102088/10158368506807088/?type=3&theater

Posted by Stockhunter85 > 2020-03-30 13:37 | Report Abuse

https://www.bloomberg.com/news/articles/2020-03-30/century-old-vaccine...

Posted by Jengacam2 > 2020-03-30 15:58 | Report Abuse

RM1 ok la...Store and Online GG

Posted by Jengacam2 > 2020-03-30 15:58 | Report Abuse

Calvin TP 1.5
My TP 1

Posted by mf > 2020-03-30 15:59 | Report Abuse

European markets fall amid choppy session as coronavirus remains in focus; Stoxx 600 down 2.2%

Posted by mason > 2020-03-30 16:58 | Report Abuse

I do not own any padini stock and I do hope it can continue to drop further so that i can buy at cheaper price.

Unless you have a crystal ball else nobody know how cheap is cheap.
Current price of 2 is already >30% cheaper compare to 4wks high.
It is ~50% discount if compare to 52wks high.

Please bear in mind that all those news such as padini shop cant open until 14-Apr, revenue/profit impact, coronavirus fear are known issue and should be factor into the share price.

Posted by Bao2lai > 2020-04-01 00:53 | Report Abuse

It seems that I am just playing the harp to a cow.
How come human brain will similar in animal brain...

Posted by DestinyL > 2020-04-01 11:40 | Report Abuse

Conman statement should be made more believable
Calvintaneng need to brush up his con skill

Posted by JN88 > 2020-04-03 15:03 | Report Abuse

Buy

Posted by gsi723 > 2020-04-04 20:54 | Report Abuse

used to be a good stock... now have real concern to worry. even if MCO lifted, will fitting be allowed or people dare to fitting? buying will be less without fitting...

Posted by hairy > 2020-04-06 15:11 | Report Abuse

padini open kah ? i want buy raya clothes

Posted by prince4 > 2020-04-07 01:40 | Report Abuse

Covid-19 make many of corporate will impact company fundamental will deteriorate. For Example :Past revenue 100 mil ，profit margin 10% earning 10 mil now covid-19 future revenue will reduced nearly 90% or become near zero and followed future earning from profit turn to heavy losses too, past they revenue how big their basic operating cost high will followed financial more heavily losses .If the company with high debt will face collapse or bankruptcy in future.
Large and medium-sized companies can't operate without income, and all of them are returned to them like a startups company，valuation will also fall, and the stock price will also fall
Expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out bigcap and midcap stocks so now no prospects cannot buy and hold bigcap and mid cap company.
market stock RM10 drop to RM5, RM5.00 drop to RM 2.00 , followed RM2.00 drop RM1.00, followed RM1.00 drop to 50 cent, followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10 cent drop to bottom.
High debt company cannot buy ,high prices stock cannot hold , MARKET NEVER SLEEP MONEY NEVER SLEEP just buy LOW PRICES stock and CASH RICH COMPANY. This is a OPPORTUNITY markets SMART MONEY no longer will FLOWS in cheaper stocks ,market will GORENG lows price stock at BOTTOM.

Posted by hazli > 2020-04-08 12:49 | Report Abuse

Venture into delivery services, online marketing during challenging times— Dr Mahathir
KUALA LUMPUR (April 6): In facing these challenging times during the Movement Control Order (MCO) to control the spread of COVID-19, Tun Dr Mahathir Mohamad said delivery services and online marketing could be new ventures for those with jobs at stake.
"During this time especially, many of the people lose their jobs, among the things you can do is (related to) the transportation industry, especially delivery. If you have a car, maybe you can provide a delivery service to your area, so you can create a new job.
"Delivery system is in hand because personal delivery is needed. One job shrinks and another will take its place," the former prime minister said in a special interview “MyPerintis: A Morning Tea with Tun Mahathir” broadcasted live through social media.
The programme was run by MyPerintis (Yayasan Perintis Malaysia), a non-governmental organisation founded last year to promote youth activation and a purposeful lifestyle.
He added that there is a demand to enhance the delivery system because many products need to be delivered, hence, delivery service is the key at this moment.
"Delivery system is now necessary because if you cannot deliver, you cannot sell the product. A good delivery system is key.
"Without leaving the house, without going to the shop, you still can increase productivity as you can order anything and pay with a credit card and the thing will be delivered to you. This happens when there is a good delivery system," he said.
He also stressed that the cargo industry also must think about how to make full use of this as the issue has grown more than before.
"Before this, not many were using it (cargo/delivery system) but now we can even buy or sell bulky things. Like China exporting health products to another country. So, we need to take advantage of the delivery system as you can market the product to a bigger market, not confined to only our country but the bigger international market," he said.
Meanwhile, Dr Mahathir also said there was an increase of people who are using online marketing such as Shoppe and Lazada but unfortunately, not many people were aware of how to make use of online marketing to increase their income.
He said, the people need to learn how to do online marketing and how to improve their productivity through digitalisation and other new technologies but these require some teaching.
"We have a lot of young people in Malaysia who are very good in business and they must tell people... step by step how to digitalise their market or product. But now we can teach them through the internet. We don't have to meet the people because on the internet you can see everything that needs to be done.
“For example, if you want to learn about the engine, you can show exactly how this is done repeatedly via the internet. From that, you are able to learn a new skill, do a thing that you have not done before and earn money through from it via the internet and online marketing," he said.

Posted by Plantermen > 2020-04-10 16:41 | Report Abuse

Clothing and stores will be worst affected. sales will be hard hit with MCO extended till Apr 28

Posted by Lee Yong Hour > 2020-04-11 18:55 | Report Abuse

Area served
Australia
Brunei
Singapore
Indonesia
Thailand
Oman
Philippines
Egypt
Malaysia
Vietnam
United Arab Emirates
Saudi Arabia
Syria
Bahrain
Qatar
Morocco
Kuwait
Myanmar
Cambodia[1]

Posted by Lee Yong Hour > 2020-04-11 18:56 | Report Abuse

Do u know how many country " MCO " ?

Posted by gsi723 > 2020-04-12 19:31 | Report Abuse

will miss the Raya sales...

Posted by gemfinder > 2020-04-12 20:24 | Report Abuse

Badly hit

Posted by TradeLearner > 2020-04-13 11:23 | Report Abuse

Badly hit yes.. But for how long? Can a net cash padini survive and normalise it's earning within few quarters? Definitely..

Posted by mason > 2020-04-15 09:26 | Report Abuse

Padini up drastically now, and back to 2.30 level again for 2nd time.

Posted by okdoke > 2020-04-15 11:25 | Report Abuse

any good news on padini? The price hovers rm2.30 now

Posted by rizerlee > 2020-04-15 11:43 | Report Abuse

ya wor

so tempted

Posted by Energiser > 2020-04-15 13:19 | Report Abuse

They got e-commerce sales and a lot of pent up demand for clothes shopping with the upcoming Raya festive season.

Posted by Vorster89 > 2020-04-15 13:47 | Report Abuse

1.9 apa lagi tunggu, 2.30, now or never....

Posted by Lee Yong Hour > 2020-04-16 11:48 | Report Abuse

2.5

Posted by David > 2020-04-23 05:55 | Report Abuse

padini ecommerce strategy is still unsuccessful. don't know anyone who has ever purchased from their online store. The online store has been closed during the MCO. The high inventory levels suggest they've been struggling to clear their stockpile.

>>>

Posted by Energiser > Apr 15, 2020 1:19 PM | Report Abuse

They got e-commerce sales and a lot of pent up demand for clothes shopping with the upcoming Raya festive season

Posted by Gemstar > 2020-04-23 09:53 | Report Abuse

2020 padini shareholder
Pang yong
44.98%
Kumpulan Wang Persaraan
8.54%
Employees Provident Fund of Malaysia
7.3%
Min Yang Thian
2.98%
Public Mutual Berhad
2.74%
Capital Dynamics Asset Management Sdn Bhd
2.58%
Fiera Capital Corporation
2.35%
Somerset Capital Management LLP
2.11%
Eastspring Investments (Singapore) Limited
1.83%
The Vanguard Group, Inc.
1.51%
Pangolin Investment Management Pte Ltd
1.27%
Dimensional Fund Advisors L.P.
1.26%
Yong Yee Ching
0.8%
Permodalan Nasional Berhad
0.76%
BlackRock, Inc.
0.69%
AIA Investment Management Private Limited
0.57%
Bank Negara Malaysia National Trust Fund
0.49%
Chin Chong
0.49%
Principal Asset Management Berhad
0.44%
Norges Bank Investment Management
0.4%
Aviva Investors Global Services Limited
0.38%
UBS Asset Management
0.36%
Merian Global Investors (UK) Limited
0.31%

Posted by Gemstar > 2020-04-23 09:58 | Report Abuse

Below are the data sources, inputs and calculation used to determine the intrinsic value for Padini Holdings Berhad.

KLSE:PADINI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 12 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 11.0%
Perpetual Growth Rate 10-Year MY Government Bond Rate 3.4%
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for KLSE:PADINI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year MY Govt Bond Rate 3.4%
Equity Risk Premium S&P Global 7.0%
Specialty Retail Unlevered Beta Simply Wall St/ S&P Global 0.89
Re-levered Beta = 0.33 + [(0.66 * Unlevered beta) * (1 + (1 - tax rate) (Debt/Market Equity))]
= 0.33 + [(0.66 * 0.891) * (1 + (1 - 24.0%) (37.27%))] 1.096
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm) 1.096
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 3.42% + (1.096 * 6.96%) 11.05%
Discounted Cash Flow Calculation for KLSE:PADINI using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Padini Holdings Berhad is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

KLSE:PADINI DCF 1st Stage: Next 5 year cash flow forecast
Levered FCF (MYR, Millions) Source Present Value
Discounted (@ 11.05%)
2020 217.92 Analyst x3 196.24
2021 178.88 Analyst x4 145.06
2022 155.48 Analyst x3 113.54
2023 166 Analyst x1 109.17
2024 175 Analyst x1 103.64
2025 176.72 Est @ 0.98% 94.24
2026 179.74 Est @ 1.71% 86.32
2027 183.74 Est @ 2.22% 79.47
2028 188.49 Est @ 2.58% 73.41
2029 193.83 Est @ 2.83% 67.98
Present value of next 5 years cash flows MYR1,069
KLSE:PADINI DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value FCF2029 × (1 + g) ÷ (Discount Rate – g)
= MYR193.831 x (1 + 3.42%) ÷ (11.05% - 3.42% ) MYR2,628.55
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
MYR2,629 ÷ (1 + 11.05%)10 MYR921.88
KLSE:PADINI Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= MYR1,069 + MYR922 MYR1,990.88
Equity Value per Share
(MYR) = Total value / Shares Outstanding
= MYR1,991 / 658 MYR3.03
KLSE:PADINI Discount to Share Price
Calculation Result
Value per share (MYR) From above. MYR3.03
Current discount Discount to share price of MYR2.25
= -1 x (MYR2.25 - MYR3.03) / MYR3.03

Posted by Gemstar > 2020-04-23 09:58 | Report Abuse

Onboard today let huat together...

Posted by Gemstar > 2020-04-23 14:44 | Report Abuse

Buyer strong 2.30 sapu habis ;)

Posted by Yap Yangg > 2020-04-23 19:48 | Report Abuse

Gemstar, you post the FCFE calculation in this forum like this is difficult to see. Can you share the origin of it? Or do you have its source? Bcoz I have some doubt on the input of yours

Posted by Gemstar > 2020-04-23 21:00 | Report Abuse

@yang Yangg sorry this my friend post to me...

Posted by chtan33 > 2020-04-23 22:51 | Report Abuse

seem that padini will lose raya sales...

Posted by Gemstar > 2020-04-24 07:24 | Report Abuse

If drop to rm2 below sapu ;)

Posted by niasing > 2020-04-24 12:00 | Report Abuse

Anyone know why padini drop from 2018 until now?

Posted by Gemstar > 2020-04-25 11:03 | Report Abuse

Top 25 shareholders own 85.37% of the company
Pang Yong
44.98%
Kumpulan Wang Persaraan
8.53%
Employees Provident Fund of Malaysia
6.92%
Min Yang Thian
2.98%
Public Mutual Berhad
2.74%
Capital Dynamics Asset Management Sdn Bhd
2.58%
Fiera Capital Corporation
2.35%
Somerset Capital Management LLP
2.11%
Eastspring Investments (Singapore) Limited
1.83%
The Vanguard Group, Inc.
1.51%
Pangolin Investment Management Pte Ltd
1.27%
Dimensional Fund Advisors L.P.
1.26%
Yong Yee Ching
0.8%
Permodalan Nasional Berhad
0.76%
BlackRock, Inc.
0.69%
AIA Investment Management Private Limited
0.57%
Bank Negara Malaysia National Trust Fund
0.49%
Chin Chong
0.49%
Principal Asset Management Berhad
0.44%
Norges Bank Investment Management
0.4%
Aviva Investors Global Services Limited
0.38%
UBS Asset Management
0.36%
Merian Global Investors (UK) Limited
0.31%
FMR LLC
0.3%
State Street Global Advisors, Inc.
0.29%

Posted by Johnmajor > 2020-04-28 11:01 | Report Abuse

Padini has RM580mil cash and monthly cost of RM21mil....With this amount of cash they can last for quite sometimes with bad sales. This company will be resilient.

Posted by apple168 > 2020-04-29 17:45 | Report Abuse

https://www.everydayonsales.com/343855/today-onwards-esprit-closing-down-online-clearance-sale-discounts-up-to-70-closing-down-all-outlets-in-malaysia-by-end-of-june

Posted by RainT > 2020-04-30 10:44 | Report Abuse

but will PADINI profit will grow ?

it have already most stores in all over Msia

unless it expand to overseas, but seem PADINI less in expand overseas

Posted by RainT > 2020-04-30 10:45 | Report Abuse

indeed population will grow over time

but at the same time, competition also will grow over time

Posted by Gemstar > 2020-04-30 16:37 | Report Abuse

Padini best retailer in Msia ... good quality,,..price reasonable ;) better than bonia

Posted by pinnaclegrade > 2020-05-01 13:11 | Report Abuse

Most sectors are open on Monday 4-May-2020

Posted by chtan33 > 2020-05-01 14:03 | Report Abuse

padini can open but without fitting.... no doubt, without fitting some may not buy. anyway, have some sales is better than 0 sales...