Posted by daijiao > 2012-10-31 10:24 | Report Abuse

@euclid

Upgrade to TRADING BUY with unchanged TP of RM2.34
 In conclusion, we view the goodies of Budget 2013 as a short-term positive catalyst for
Padini, although we remain concern on the discretionary spending post 13GE, as we
anticipate government to implement more aggressive subsidies rationalisation
programme, electricity tariff hike as well as GST, which will affect consumer disposable
income in the future.
 However, Padini’s share price has corrected by 10% since our downgrade from strong
buy to NEUTRAL on 30 Aug 2012. This makes it more attractive now, as compared to a
month ago.
 As such, we upgrade our call on Padini from neutral to TRADING BUY with unchanged TP
of RM2.34, based on 13x 12-month forward P/E. Our TP implies 11.4% capital upside,
underpinned by a net yield of 3.8% for FY13.
 Key risks include (1) Europe debt crisis which may lead to global economic slowdown, (2)
potential tightening of personal credit by Bank Negara Malaysia, and goods and services
tax (GST) implementation which may affect consumers’ affordability, and (3) higher
costs pressure due to labour cost and cotton cost increase.

Posted by daijiao > 2012-10-31 10:25 | Report Abuse

http://eresearch.bursamalaysia.com/download.aspx?id=13401&type=research

damn details report.

Posted by hooi > 2012-10-31 11:01 | Report Abuse

http://subsub-investment.blogspot.com/2012/10/padinibonia.html

Posted by tonylim > 2012-10-31 12:32 | Report Abuse

tan,both are nice

Posted by Mcwong > 2012-10-31 14:33 | Report Abuse

Choice the counter always pay more dividen .

Posted by hw0706 > 2012-10-31 14:40 | Report Abuse

If pandin drop to 1.80 level than i safe to enter. unless the sale simprove and the economy outlook is improve.

Posted by hooi > 2012-10-31 16:55 | Report Abuse

Sold Padini at 2.05

Posted by Mcwong > 2012-11-04 20:20 | Report Abuse

Tomorrow New Brand open in Mid Valley TIZIO .

Posted by mingken88 > 2012-11-04 20:43 | Report Abuse

press "like" the comment... hopefully rerating?

Posted by smallfish > 2012-11-05 22:49 | Report Abuse

https://www.facebook.com/photo.php?fbid=10151202958662088

New TIZIO store at Midvalley. From photo, it looks ..... beautiful.
I read somewhere before that Padini was planning a higher end for accessories? So, is this it? I think so.

Posted by hooi > 2012-11-06 11:08 | Report Abuse

Sold Padini at 2.06 & 2.07

Posted by hooi > 2012-11-08 09:32 | Report Abuse

Sold Padini at 2.07

Posted by daijiao > 2012-11-08 22:05 | Report Abuse

keep ur eyes on padini. bull coming...

Posted by sjneoh1986 > 2012-11-09 16:59 | Report Abuse

Today trading lowest drop below 2.00 @ 1.980

Posted by smallfish > 2012-11-09 17:33 | Report Abuse

1.8X coming!

Posted by Mcwong > 2012-11-10 04:48 | Report Abuse

Walao! Drop .

Posted by hw0706 > 2012-11-11 07:30 | Report Abuse

1.50 level with be good for entry.

Posted by limweichuen > 2012-11-11 22:03 | Report Abuse

HW0706, price 1.50 at this moment is impossible lo..1.8x is possible

Posted by smallfish > 2012-11-12 00:56 | Report Abuse

Sigh... tomorrow morning sure margin call again :(

Posted by daijiao > 2012-11-12 11:46 | Report Abuse

bought! accumulate more than RM25k

Posted by hooi > 2012-11-12 11:47 | Report Abuse

Bought Padini at 1.97

Posted by chinwei86 > 2012-11-12 12:59 | Report Abuse

hi, still can buy in at 1.98? anybody can comment?

Posted by stock5678 > 2012-11-12 13:33 | Report Abuse

i personally think Padini need some extended correction before next bull

Posted by hooi > 2012-11-12 14:55 | Report Abuse

Bought Padini at 1.96

Posted by Fat Cat Tim Buddy > 2012-11-12 15:00 | Report Abuse

rose is red violet is blue , when hooi buying u know what to do :D

Posted by hooi > 2012-11-12 16:40 | Report Abuse

Bought Padini at 1.95

Posted by hooi > 2012-11-16 09:58 | Report Abuse

Sold Padini at 2.00

Posted by smallfish > 2012-11-16 11:35 | Report Abuse

Hooi, you don't feel sleepy while watching Padini? Today is so slow. One hour = 1 transaction. By the way which broker do you use?

Posted by PureBULL . > 2012-11-16 12:12 | Report Abuse

Dear Hooi, Further to smallfish's request, U should speak out without fear or favour. U r our very unique n 'niche' trader here.

Posted by hooi > 2012-11-16 12:17 | Report Abuse

ECM

Posted by smallfish > 2012-11-18 23:57 | Report Abuse

thanks hooi.

Posted by Matsaham Mashuk > 2012-11-19 01:19 | Report Abuse

still in downtrend mode..smile--)

Posted by hooi > 2012-11-19 16:52 | Report Abuse

Sold Padini at 2.01, 2.02 & 2.03

Posted by hooi > 2012-11-20 09:18 | Report Abuse

Sold Padini at 2.04

Posted by hooi > 2012-11-22 16:51 | Report Abuse

Bought Padini at 1.94

Posted by smallfish > 2012-11-22 16:55 | Report Abuse

Looks like it's going to be a bad earnings report next week.

Posted by hooi > 2012-11-23 15:15 | Report Abuse

Bought Padini at 1.93

Posted by hooi > 2012-11-23 16:48 | Report Abuse

Bought Padini at 1.92

Posted by hooi > 2012-11-26 11:01 | Report Abuse

Bought Padini at 1.90 & 1.91

Posted by hooi > 2012-11-26 11:02 | Report Abuse

Bought Padini at 1.89

Posted by hooi > 2012-11-26 11:31 | Report Abuse

Bought Padini at 1.88

Posted by daijiao > 2012-11-26 11:32 | Report Abuse

bought 1.89

Posted by chinwei86 > 2012-11-26 12:02 | Report Abuse

how come it drop so much?

Posted by chinwei86 > 2012-11-26 12:02 | Report Abuse

how come it drop so much?

Posted by lmf_hau > 2012-11-26 12:04 | Report Abuse

Both Hooi & Daijiao r Brave guys, buying the fallen knife , althought the entire mkt is now bearish.

But now Padini is 1.88 , it killed all the 1.90 holder.

Moreover , base on chart , its bearish time is just begin.

Both Hooi & Daijiao , u 2 ,,,,,,,,,, pls let us know how sharp is this fallen knife is,.....

Posted by Stock Operator > 2012-11-26 12:17 | Report Abuse

support:1.80.

Posted by hooi > 2012-11-26 12:27 | Report Abuse

Buy slowly, shopping time for value investor

Posted by hooi > 2012-11-26 14:41 | Report Abuse

Bought Padini at 1.87

Posted by millionaire > 2012-11-26 14:59 | Report Abuse

downtrend

Posted by ongtkong > 2012-11-26 15:04 | Report Abuse

hooi, take your time to collect....market downtrend