Posted by Knavi > 2013-05-29 17:00 | Report Abuse

blocks buying happen 2day, 700+lots and 600lots~~

Posted by Knavi > 2013-05-30 09:09 | Report Abuse

shud i add lot?hmm...

Posted by jinchuan815 > 2013-05-30 09:16 | Report Abuse

i dont think padini got much good news, other than expansion of outlet, since the management is so concervative

Posted by Knavi > 2013-05-30 09:19 | Report Abuse

thks ur opinion~~i shud use the money buy my fav~~padini jz hold enuf~~

Posted by Knavi > 2013-05-30 09:53 | Report Abuse

each price only small lot queue loll....

Posted by Knavi > 2013-05-30 16:53 | Report Abuse

8278lots...hmm...nt big kaki throw.

Posted by kevin5059 > 2013-05-30 18:49 | Report Abuse

result out. Not a bad quarter.

Posted by arv18 > 2013-05-30 19:05 | Report Abuse

can someone help me out:

does the outlet expansion account for the increase in COGS by ~RM19m?

inventory numbers improved from 192m to 142m. Is it normal to have this much inventory?

Posted by kevin5059 > 2013-05-30 19:13 | Report Abuse

192 to 142 is not really improvement. Inventory means how much stock they have to sell. Low inventory means less goods to sell. If you expect this coming quarter business is good, then inventory need to be high so that more goods ready to be sell. If you expect this coming quarter business not that good, reducing inventory could be a good approach to reduce the "maintenance" cost.

Any pro, correct me if I'm wrong.

Posted by arv18 > 2013-05-30 19:17 | Report Abuse

sounds reasonable, however, is it a "normal" amount for this industry and a company of Padini size? for instance, can we say that it is "within expectations" to have inventory for Padini ranging between 150m - 250m?

Posted by greatdreamer > 2013-05-30 19:35 | Report Abuse

192mil stock is at June 2012. RM142mil is at Mar 2013. Take 9 mth to bring down the stock level. No sure whether is an improvement. June 2012 build up may due to HariRaya sales in 3Q12. Drop to RM142 is after CNY. The only indicators is sales GP margin drop from 52% to 49%, may due to stock clearance or intense competition.

Retailer always build up stock b4 festive season. Clear stock after it.

Posted by kevin5059 > 2013-05-30 21:18 | Report Abuse

arv18, you can check the amount from previous year corresponded quarter. If the number is slightly higher than previous year, then to me that's a good sign. Share the information here after you dig out from the report. :).

Posted by Knavi > 2013-05-30 22:06 | Report Abuse

high inventory isnt a good thing, u may search for some information, earnings management about high inventory...besides, high inventory=high holding cost and high risk ie will hv more obsolete stocks...

Posted by Knavi > 2013-05-30 22:07 | Report Abuse

padini start improve its profit although merely 2% but it much out of a lot of ppl's expectation

Posted by arv18 > 2013-05-30 23:57 | Report Abuse

thanks for the feedback guys. i will ponder and get back to you.

Posted by buybackma > 2013-05-31 01:14 | Report Abuse

Ho ho ho...

Posted by Knavi > 2013-05-31 09:00 | Report Abuse

hope 2day fly over 2.20~~

Posted by solomonhans > 2013-05-31 10:06 | Report Abuse

Come on, TP2.25

Posted by Knavi > 2013-05-31 15:24 | Report Abuse

hmm...reli consolidation time jor?

Posted by Midas_max > 2013-06-03 09:41 | Report Abuse

haiz...RHB tp only 1.95. Need some more time to wait tis counter awake again.

Posted by Knavi > 2013-06-03 09:44 | Report Abuse

previously the tp oso 1.8+- bt the price goes to 2.20...

Posted by yahoo80 > 2013-06-03 09:49 | Report Abuse

knavi .. padini sure will going up .. this counter no wory

Posted by Knavi > 2013-06-03 09:51 | Report Abuse

haha...waiting right price ~~~ my fav price is droping i wan aal in tat 1~~lol

Posted by yahoo80 > 2013-06-03 09:58 | Report Abuse

bro knavi ... u still holding ?

Posted by Knavi > 2013-06-03 10:00 | Report Abuse

yup~~i confident it cn go to 2.4 if hold, but nw i nd to set lower price out bcz my fav stock price is droping~~wanna all in tat 1, after calculate, tat 1 return higher than hold padini...lol....

Posted by yahoo80 > 2013-06-03 10:02 | Report Abuse

good on u ... i should listen to u n hold the i have big bonus ...

Posted by Knavi > 2013-06-03 10:17 | Report Abuse

hold is take time, but it is safer than keep buy in buy out...dulu i ply speculate sometimes gain sometime loss at the end gain lesser than i buy a stock and hold...lol...but my hold oso short term player, basically only hold like 1month - 6month max...bcz my capital nt enuf haha...the real player is hold for few years lol...i jz hope 1 time hold can 20%, like padini hold 1 month dy 20%, good already. 1 year let find 5 stocks,each stocks 20% return is nt bad...

but my fav tat im going to all in, if gain i will sell some and jz left some to hold for few years..haha...capital insufficient bobian..sien...

Posted by Knavi > 2013-06-03 16:51 | Report Abuse

well done for 2day~~

Posted by Knavi > 2013-06-05 10:02 | Report Abuse

nt bad 2day

Posted by dralhg55 > 2013-06-05 17:16 | Report Abuse

Knavi, just to know what is the good target

Posted by Knavi > 2013-06-06 23:11 | Report Abuse

2.2o already hit, next is 2.40....but newspaper, research firms all gv tp 1.80-1.95...lol...will it possible reach 2.40? den u see back the past...tp is 1.80 but nw goes to 2.20...so? depends on u....lol....but i think consolidation will continue b4 go to higher.

Posted by Knavi > 2013-06-06 23:12 | Report Abuse

consolidation will goes to around 2.00 maybe...MAYBE only...

Posted by Knavi > 2013-06-07 17:13 | Report Abuse

kesian nia the volume...lol....

Posted by Knavi > 2013-06-10 11:00 | Report Abuse

exit~~

Posted by dralhg55 > 2013-06-19 07:32 | Report Abuse

Yes up n down its habit, just know make it value

Posted by Lucky88 > 2013-06-19 09:27 | Report Abuse

RM 2.00 good price to buy? or wait lower...

Posted by kevin5059 > 2013-06-19 12:30 | Report Abuse

I wait lower. Rm 1.80 or below.

Posted by Clee My > 2013-06-20 21:15 | Report Abuse

lower

Posted by Knavi > 2013-06-24 08:44 | Report Abuse

it shud be uptrend based on noob technical la...lol...around 19/06/2013 hit..

Posted by MCWONG > 2013-06-24 10:58 | Report Abuse

what happen today??

Posted by Knavi > 2013-06-24 11:28 | Report Abuse

market nt gd

Posted by MCWONG > 2013-06-24 15:10 | Report Abuse

T_T

Posted by Mcwong > 2013-06-24 15:58 | Report Abuse

@_@

Posted by MCWONG > 2013-06-24 16:51 | Report Abuse

*-*

Posted by tralala > 2013-06-27 12:05 | Report Abuse

buy buy buy

Posted by tralala > 2013-06-27 13:37 | Report Abuse

buy right when market opens after lunch

Posted by MCWONG > 2013-06-28 11:11 | Report Abuse

what happen all market going up and up only this counter keep sleeping.

Posted by noob_pinion > 2013-07-03 12:29 | Report Abuse

too expensive?

Posted by powerwk > 2013-07-05 09:49 | Report Abuse

noob_pinion - if you buy for short term then yes maybe expensive... it depend your purpose of buying any particular share... for medium to long term - Yes go for it when you feel the price you willing to pay for. for long term without a doubt. check the company previous track record.
Buy - Keep - Buy -Keep then you can use for any purpose like kids education or your own retirement.

What I like is the dividen given every year. Not the highest but good enough with the capital gain at the same time. I not even know how many lots i have so far :-) Let me do the count now...

Posted by lwalk > 2013-07-10 12:49 | Report Abuse

padini is starting to kick