Posted by mcwong > 2014-10-10 09:50 | Report Abuse

Or pray Investor buy in ,support and Gain..

Posted by weixin > 2014-10-10 11:11 | Report Abuse

waiting. 1.7

Posted by mcwong > 2014-10-10 12:05 | Report Abuse

Tonight see New ...

Posted by benson911 > 2014-10-10 15:14 | Report Abuse

Padini support is weak....target to buy some at 1.75.

Posted by lrm8888 > 2014-10-10 15:48 | Report Abuse

bought at 1.84 will go in again at 1.74

Posted by weixin > 2014-10-10 20:04 | Report Abuse

Dow Jones Industrial Average
Dow Jones Indices: .DJI - Oct 9 4:30 PM ET
16,659.25334.97 (1.97%)

Wait, will drop again

Posted by benson911 > 2014-10-11 10:48 | Report Abuse

PROPOSED RENEWAL OF THE AUTHORITY FOR PADINI TO PURCHASE UP TO TEN PERCENT (10%) OF ITS ISSUED AND PAID-UP CAPITAL (“PROPOSED SHARE BUY-BACK”)

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1761253

Posted by yansheng8 > 2014-10-11 19:23 | Report Abuse

Benson911... What it's mean??buy back?

Posted by benson911 > 2014-10-13 12:13 | Report Abuse

Yes, share buy back.....is usually an indication that the company's management thinks the shares are undervalued.

Posted by khlim2889 > 2014-10-13 15:53 | Report Abuse

wah , really need to buka underwear liow

Posted by hellokitty123 > 2014-10-14 10:06 | Report Abuse

hmm....overvalued still.......apart from the nice dividend yield, it is just over-rated

Posted by kimchi > 2014-10-14 13:51 | Report Abuse

Others counter drop like hell.. padini price still strong maintaining at 1.77. Not bad.

Posted by xn7891 > 2014-10-14 17:52 | Report Abuse

good close :)

Posted by benson911 > 2014-10-15 12:25 | Report Abuse

Stay calm and get more than 6% yearly dividend from this counter. Never time the market as advised by Warren buffet.

Posted by Flintstones > 2014-10-15 20:49 | Report Abuse

The only thing that is keeping this ship afloat is the high dividend yield. For a low growth (may I say declining?) business like Padini, it is worth 10x PE at most. My TP for Padini is RM 1.4X or a minimum 15% downside. Believe it or not, once Padini's dividend is cut in the next financial year, the stock will tank below my TP of RM 1.4X. I wont explain why Padini's dividend will be cut. As a responsible investor, you should do your own diligent.

To the buffett wannabes here, I must say, be careful of what you wish for. I know this post is going to get a lot of sticks. But I am seeing many new investors making newbie mistakes on this stock and I am here to give them some light. I will be back once Padini hits RM 1.4X.

15/10/2014 Flintstones

Posted by yansheng > 2014-10-15 23:57 | Report Abuse

I WISH TOO.....

Posted by Joshua Lee > 2014-10-16 00:00 | Report Abuse

Flintstones, may I make what I hope is an educated guess on the potential lower div? It's because of capex needed for its aggressive expansion?

Posted by tianhw > 2014-10-16 16:31 | Report Abuse

still expensive....huhu~ too much hopes for high dividend

Posted by benson911 > 2014-10-16 19:03 | Report Abuse

Padini will most likely bcm syariah compliant stock by this year end.......Those wanna wait at RM1.4, can wait patiently ya.........

Posted by Nevets > 2014-10-16 22:01 | Report Abuse

Estimate there will be RM 0.05 (2 X 0.025) from Padini by December 2014.

Stay tuned...

Posted by skyz > 2014-10-17 15:20 | Report Abuse

Flintstones, so which investment firm are you from? I also can cincai give a random TP say Pads can hit 2.50 la. ZZzzZ?...

Posted by hellokitty123 > 2014-10-18 15:07 | Report Abuse

Thats not true...warren buffet buys good companies which are fairly priced or even better undervalued, never overvalued. Valuation is individualistic, some may value it higher, some may value it lower. there is no right or wrong. Cheers :)

Posted by hellokitty123 > 2014-10-18 15:18 | Report Abuse

6% dividends have already been accounted for inside the share price. if u consider dividends as business value, you can invest. However, in my opinion, dividends are not real business value and it can be withdrawn anytime when the company is not performing well. risky.

Posted by sunztzhe > 2014-10-18 20:44 | Report Abuse

I will only focus on "undervalue" and act on "not undervalue anymore, so good riddance" hahahaha

Posted by sunztzhe > 2014-10-18 21:02 | Report Abuse

Any investor has to observe, think, compare, judge and decide. The notion of an absolute valuation or the "absolute intrinsic worth" is just a mirage as the intrinsic value is comprised of tangible plus intangible factors that determines its market value at any one time.

Posted by DoreenCheeLing > 2014-10-19 00:48 | Report Abuse

wah....approaching 1.60 soon~~~~~

Posted by benson911 > 2014-10-19 15:57 | Report Abuse

If RM1.6, divident per year will be RM1.6/ 0.115= 7.18%.

Posted by DoreenCheeLing > 2014-10-20 14:29 | Report Abuse

market very moody now, anything can happen. i can patiently wait ~ no hurry, got buy or no buy is ok to me hahaha but my preference to buy is if drop below 1.60

Posted by mcwong > 2014-10-20 15:41 | Report Abuse

DIE LO..........

Posted by KJ Cheah > 2014-10-20 15:54 | Report Abuse

most counter up but padini drop !

Posted by lrm8888 > 2014-10-20 16:07 | Report Abuse

the question we should ask is that is this company still sound only then decide to invest

Posted by Mcwong > 2014-10-20 16:08 | Report Abuse

I last month bought 1.97 now this price. My eyes kena stamp...T_T..

Posted by DoreenCheeLing > 2014-10-20 16:23 | Report Abuse

wah buy so high~ i dont think padini worth so much la...just got nice dividend only lor, otherwise the business growth like stagnant only

Posted by hyq1121 > 2014-10-20 16:28 | Report Abuse

just buy again! this is good price to enter

Posted by benson911 > 2014-10-20 16:28 | Report Abuse

Drop a lot today....dont knw wat the news?

Posted by lrm8888 > 2014-10-20 16:30 | Report Abuse

DoreenCheeLing, that's the thing...how to get nice dividend if the company is not doing well?

Posted by opportunist > 2014-10-20 16:31 | Report Abuse

expect rebound to rm2 by year end

Posted by Mcwong > 2014-10-20 16:32 | Report Abuse

Buy in good idea. But bank not yet apro. My loan.

Posted by DoreenCheeLing > 2014-10-20 18:03 | Report Abuse

hmmm....oh well, earnings is good, perhaps they give high dividends to attract investors to increase share price. i just say price too high lo, because they give high dividends thats why ppl can push up share price. Usually if 3-4% dividends the stock price wont so high. on paper padini not worth so much. just my thinking only. it doesnt matter anyway. happy trading :D

Posted by DoreenCheeLing > 2014-10-20 22:15 | Report Abuse

sure got difference...logic sense...same orange same quality, one stall sell 20 cents another stall sell 50 cents...which u buy leh...even aunty also know this logic wahahhaa

Posted by moisking > 2014-10-20 23:13 |

Post removed.Why?

Posted by destiney > 2014-10-21 10:55 | Report Abuse

at current price 1.70, dividend yield is almost 6%. Good buy for nice divvy :)

Posted by benson911 > 2014-10-21 15:37 | Report Abuse

Fundamentally still intact....most investor scare with GST effect, but i think it is temporary only.....

Posted by AY Kiar > 2014-10-21 15:43 | Report Abuse

go to the padini retail shop have a view...the customers still can maintain

Posted by Nevets > 2014-10-21 15:54 | Report Abuse

bought at 1.67, still accumulating... :)

I'm holding Padini for many years and the trend is always down from November to February.

I'm taking in more :)

Posted by opportunist > 2014-10-21 15:56 | Report Abuse

bonus share coming anytime, go go go stock up

Posted by benson911 > 2014-10-21 15:59 | Report Abuse

Investor dumping share like no 2moro for Padini......Total worth of share less than RM10 million within few days can drag so much on price, imagine how big fishes can bully small investor. Big fishes can dump share and let public panic and trigger sell signal, price drop n drop, big fishes can accumulate back much more at cheaper price.......Welcome to this game.

Posted by Nevets > 2014-10-21 16:03 | Report Abuse

benson911, true that big fish bully market, but its the small fish that reacts to this situation that causes panic to small fishes :)

My record, 2 more months from now, we will receive 0.05 sen from Padini :)

Posted by opportunist > 2014-10-21 16:04 | Report Abuse

what goes down will goes back up.. bcos padini fundamental is so strong.. with so much cash in hand

Posted by benson911 > 2014-10-21 16:14 | Report Abuse

Yup, but without them, we cant accumulate at cheaper price also, lol......I am buying a bit at RM1.67 also...guess price may go down further, so buy slowly is better.