Posted by hooi > 2012-09-20 02:38 | Report Abuse

Buy at 2.01-2.08, don't buy too much before Padini closes above 50-day SMA

Posted by Fat Cat Tim Buddy > 2012-09-20 09:38 | Report Abuse

hooi, if today close above 50-day SMA, then tomorrow only buy? or buy now?

Posted by hooi > 2012-09-20 11:19 | Report Abuse

I queue at 2.01-2.08, if today close above 50-day SMA, tomorrow buy slightly above 50-day SMA

Posted by Fat Cat Tim Buddy > 2012-09-20 11:27 | Report Abuse

you means, yesterday 50-day sma is 2.096, if today closing above 2.096, lets say, 2.11 , then tomorrow queue at the price slightly above today 50-day sma?

its this what you trying to say?

Posted by hooi > 2012-09-20 14:56 | Report Abuse

Yes

Posted by tonylim > 2012-09-20 16:15 | Report Abuse

hooi, way to go

Posted by hooi > 2012-09-20 16:22 | Report Abuse

Next friday budget 2013, buy for pre-budget rally

Posted by hooi > 2012-09-20 18:48 | Report Abuse

50-day SMA = 2.101, buy Padini at 2.11, hold at 2.12-2.20, sell at 2.21-2.61

Posted by Fat Cat Tim Buddy > 2012-09-21 02:24 | Report Abuse

hooi, so.. today queue at 2.11?

Posted by hooi > 2012-09-21 02:40 | Report Abuse

Yes

Posted by hooi > 2012-09-21 11:13 | Report Abuse

Bought Padini at 2.11

Posted by hooi > 2012-09-21 11:37 | Report Abuse

Bought Padini at 2.10

Posted by hooi > 2012-09-21 18:57 | Report Abuse

50-day SMA = 2.106, buy Padini at 2.11, hold at 2.12-2.20, sell at 2.21-2.61

Posted by ongtkong > 2012-09-22 12:48 | Report Abuse

good stock to hold on to

Posted by tonylim > 2012-09-22 13:36 | Report Abuse

HoOi, when can hit billion dollar club in revenue?
I see their ikano outlet doing Reno.
Hugh crowd during weekends.

Posted by kcchongnz > 2012-09-22 14:53 | Report Abuse

A good company is not necessary a good investment, depending on the price you pay. Padini is no doubt a good company and people who have invested in it have reaped very good return. However, a company cannot grow at a high rate forever because as it has grown bigger, it is heavier now and harder to grow at the same high rate. Padini at RM2.13 a piece now, in my opinion is fully valued with not much margin of safety from its intrinsic value. Even if we assume it can grow at the same 15% for the next 5 years as the past 5 years, it's intrinsic value is still not meeting my minimum 30% margin of safety to invest in it.

Posted by tonylim > 2012-09-22 15:04 | Report Abuse

Kc no qualms about your piece. Do you invest in real estate

Posted by kcchongnz > 2012-09-22 15:27 | Report Abuse

tonylim, i have a house to live but not an investment property. I don't think is wise to invest in property unless one has so much money and wish to diversify. Not me. If you wish, we can discuss at length why I think property investment is not that good financially as most people think.

Posted by kihoshi > 2012-09-22 16:00 | Report Abuse

you can invest in REITs

Posted by kcchongnz > 2012-09-22 17:02 | Report Abuse

I am not too sure about whether it is a good idea to invest in reits because it does appear the dividend yield is good as it is a statutory requirement for reits to pay out 90% (?) of their annual earnings, and the tax advantage of only 10%. It depends on the properties they hold and the rental return etc. However, it seems that reits have a habit of asking for right issues often to acquire more properties so much so that the dividend investors received is eventually overwhelmed by the money they have to fork out for the right issues. If the return of the newly acquired properties are good, more than the cost of capital, than it is ok. But this often isn't the case. There is an agency problem involved here too because management are separately compensated for acquiring of new properties. How ridiculous! So the tendency is simply acquire and don't care if the acquisition is beneficial to the shareholders or not. Anyway I am no expert in this and need to do more research on this.

Posted by kihoshi > 2012-09-22 17:13 | Report Abuse

that's why only few REITs are are worth to invest, try to filter it out

Posted by tonylim > 2012-09-22 18:14 | Report Abuse

Kcc I am learning every day. If hooi or fellow forumers don't feel out of topic perhaps were can take the property discourse right here. But I can't write Long posts.yes I do invest real estate. Pperhaps we start with some thing "Like if you have a million in pocket what would you do with it." i was actually asked this question

Posted by kcchongnz > 2012-09-22 18:35 | Report Abuse

tonylim, I am learning too. It is good to learn from each other. But i think we should start a new property discourse. I can start to write on my thought and analysis on this may be in a few days time. Meanwhile anybody wish to share his thought?

Posted by hooi > 2012-09-22 18:37 | Report Abuse

Padini will hit billion dollar club in revenue one or two years. The highest return on investment :1.arts, 2.equity, 3.property

Posted by tonylim > 2012-09-22 19:01 | Report Abuse

Hooi are you in all three

Posted by hooi > 2012-09-22 19:17 | Report Abuse

No.2 only

Posted by Fat Cat Tim Buddy > 2012-09-22 21:04 | Report Abuse

this stock is far from fully value :)

when dlady hit 25, everyone said fully value, hit 30, they said over value , now it hit 42 , what can you said now? ( seriously, 42 is really over value! :p )

and so do BAT and nestle, especially BAT, their revenue hardly grow, but the stock price keep going up.

hooi, do you invest in other company as well, beside padini?

Posted by hooi > 2012-09-22 21:50 | Report Abuse

Icap

Posted by Fat Cat Tim Buddy > 2012-09-22 23:08 | Report Abuse

oh, can share with us what the reason you choose to invest in Icap?

Posted by hw0706 > 2012-09-23 13:30 | Report Abuse

i think becase i cap still own padini which is the top holding

Posted by hooi > 2012-09-24 09:19 | Report Abuse

Bought Padini at 2.11

Posted by ongtkong > 2012-09-24 11:05 | Report Abuse

Good buy. Stable company, bright future with lots of potential. You will be rewarded.

Posted by hooi > 2012-09-24 11:42 | Report Abuse

Bought Padini at 2.10

Posted by sean > 2012-09-24 13:28 | Report Abuse

hooi, wat is the good price to buy in?

Posted by hooi > 2012-09-24 14:18 | Report Abuse

2.01-2.11

Posted by kuff_ng > 2012-09-24 15:34 | Report Abuse

hooi, any counter u looking besides padini ? since today got sale.. haha

Posted by hooi > 2012-09-24 16:06 | Report Abuse

Oldtown

Posted by stock5678 > 2012-09-24 16:29 | Report Abuse

Hooi,
Compare to Oldtown, which do you think better choice with respects to fundamental?
Can share your expertise with us? Thanks in advance.

Posted by hooi > 2012-09-24 17:03 | Report Abuse

Oldtown listed history < 3 years, Padini listed > 10 years, Oldtown needs time to build confidence. Oldtown major shareholers sold shares > 2.00. Padini major shareholders hold shares even share price up to 2.37. Oldtown entering to China more interesting than Padini entering Indonesia market. Short-term buy Oldtown at 1.75-1.81, hold at 1.82-2.00, sell > 2.00

Posted by stock5678 > 2012-09-24 18:33 | Report Abuse

Thanks, Hooi

Posted by hooi > 2012-09-24 20:26 | Report Abuse

50-day SMA = 2.108, buy Padini at 2.01-2.11, hold at 2.12-2.20, sell at 2.21-2.61

Posted by kuff_ng > 2012-09-25 04:35 | Report Abuse

Thx, Hooi

Posted by Fat Cat Tim Buddy > 2012-09-25 05:59 | Report Abuse

oldtown coffee taste like longkang water, i tasted it once and never buy again, zero confidence in oldtown, i have no idea why it share price keep going up...

Posted by fooltrader > 2012-09-25 08:25 | Report Abuse

Hi Fat Cat Tim Buddy, Agreed with you. My experience is the quality of the coffee&other beverage is really depend on which outlet you are visiting. If the outlet kitchen is fully depend on the foreigners, then the beverage served is really taste badly. However, I can find a few of the outlets outside KL areas is still not too bad.

Posted by Jeremy 1 > 2012-09-25 08:57 | Report Abuse

Hi Fat Cat Tim Buddy, my advice, try their 3-in-1 hazelnut instant white coffee instead. At least it's been made by myself and it's got quality control from the factory :p

Posted by hooi > 2012-09-25 09:16 | Report Abuse

Bought Padini at 2.10

Posted by Melvin Gan > 2012-09-25 10:12 | Report Abuse

hooi's analysis on padini is superb.

Posted by hooi > 2012-09-25 18:37 | Report Abuse

50-day SMA = 2.111, buy Padini 2.01-2.09, hold at 2.10-2.20, sell at 2.21-2.61

Posted by hooi > 2012-09-26 09:01 | Report Abuse

Bought Padini at 2.09

Posted by mysterious99 > 2012-09-26 16:20 | Report Abuse

good deal...