Posted by mcwong > 2014-10-21 17:08 | Report Abuse

When can recover back..????

Posted by Nevets > 2014-10-21 18:03 | Report Abuse

mcwong, once they declare on divided next month, there will be slight movement on the share price.

by the chart, the increase moment up to RM 2 + will be around april to June if I'm not mistaken :)

Posted by Flintstones > 2014-10-21 19:12 | 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

Update 1

It seems that the share price continue to inch lower towards my TP. Again, dividend investors must consider future dividends than current dividends to compute its prospective dividend yield.

To Benson911, there is no big fish or small fish in the stock market. The only fish exists if water fish.

21/10/2014 Flintstones

Posted by gorengking11 > 2014-10-22 13:32 | Report Abuse

Gone ady... Down trend coming.,.dont get trap. Got rumor say padini gonna reduce div. that time share sure drop like hell. No idea.

Posted by DoreenCheeLing > 2014-10-22 16:17 | Report Abuse

good. when they slash dividends
price will drop back to fair value

Posted by yansheng8 > 2014-10-22 21:48 | Report Abuse

Will be rebound Soon.....oversold!

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

Pass.,even roe shows good numbers..,

Posted by DoreenCheeLing > 2014-10-22 23:56 | Report Abuse

good company indeed. just too pricey ~

Posted by JXRepcoBuffet > 2014-10-23 09:24 | Report Abuse

Retained profits stand strong... possible of bonus issue?

Posted by KJ Cheah > 2014-10-23 16:30 | Report Abuse

oh no !

Posted by Najib Zamry > 2014-10-23 16:33 | Report Abuse

Bargain hunting time for Padini. Buy 10,000 shares at 1.66

Posted by fandi > 2014-10-23 17:20 | Report Abuse

Najib, that means you are buying Padini shares cheaper than the cost of the Finance Director buying at RM1.86. Any news to share?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1730201

Posted by Najib Zamry > 2014-10-23 21:53 | Report Abuse

At 1.67 Padini is trading at very attractive Pe of 11. Strong cash flow and good dividend yield stock

Posted by fandi > 2014-10-24 11:56 | Report Abuse

Wonderful call Najib Zamry 1.74 now!!!!!

Posted by skyz > 2014-10-25 11:47 | Report Abuse

welcome to the club, Najib Zamry! hope to see you around till it corrects back to around 1.90 zone :)

Posted by powerwk > 2014-10-26 12:17 | Report Abuse

LOL...... up & down and people sell & buy. Look like people still don't believe buy & hold for certain counter like Padini.

Honestly, if you scare because of market condition and global effect or don't believe in company management then don't even thinking of buying the counter because most likely you will loss more than profit.

Sorry may be this will offend many people but that what I observe so far include friend & relative around that keep on saying stock market not something we should look at and touch :-)

Posted by beso > 2014-10-26 13:22 | Report Abuse

like your idea but in stock market buy/sell is normal, you dont sell ppl may sell, as long as you are buying a growing company shd be ok, keep it up.

Posted by powerwk > 2014-10-26 23:07 | Report Abuse

Agreed. Of course we do need those people buy & sell else like you say. The stock will have no activities and stuck. But the true is they don't gain much in long term. True enough there are some so call expert will make money too. Therefore any strategies will work if you can make money from it :-)

Posted by skyz > 2014-10-27 10:33 | Report Abuse

different ppl adopting diff strats, after all the div is paid out once in 3 months, maybe some ppl might wanna keluar masuk keluar masuk to ensure their money is put in good use :) perhaps those entered below RM1.70 might cash out at RM1.90 and forgo the next 3 sens dividend payout? some ppl just cant stand HOLDING, and its okay as long as they felt that their investment target has been met :)

Posted by jellygal27 > 2014-10-27 11:32 | Report Abuse

its is because of ppl buying and selling, different methods of investing that makes the stock market interesting. if everyone is the same, den no point to invest. there will not be any movement. might as well just keep ur money in the bank.

Posted by Nevets > 2014-10-27 11:34 | Report Abuse

was waiting for your comment powerwk :)

however buy sell is normal la... sold at 2.0 and bought again at 1.67 + waiting for better dividend and uptrend :)

Padini is a good counter people :) please panic sell your stock so we can collect :)

Posted by benson911 > 2014-10-27 12:59 | Report Abuse

Accumulated enough at RM1.67 last week...happy with Padini's performance............

Posted by hyq1121 > 2014-10-27 15:57 | Report Abuse

never disappointed with this counter! luckily collected some last week

Posted by destiney > 2014-10-28 11:30 | Report Abuse

yup..collected some too..dividend is in increasing trend too..:)

Posted by newbiebetta > 2014-10-29 12:44 | Report Abuse

Share buy back in progress, await surprise from them.

Posted by force > 2014-10-30 17:17 | Report Abuse

Company keep share buy back... join syariah back yeah

Posted by powerwk > 2014-10-30 22:54 | Report Abuse

Nevets - what comment you looking from me?

stockoperator - if everyone have correct Mentality then sound like the opposite of jellygal27 comment - " if everyone is the same, den no point to invest. there will not be any movement. might as well just keep ur money in the bank."

Of course, there is impossible to have everyone the same.

Posted by billy8900 > 2014-10-31 16:56 | Report Abuse

what happen ? the price jump from 1.80 to 1.84 last 10min before market close ?

Posted by simon_nick > 2014-10-31 19:25 | Report Abuse

Consolidating upwards.

Posted by powerwk > 2014-11-01 12:09 | Report Abuse

Some time there is no reason for the stock to move up and down. Things just happen.

Posted by shinado > 2014-11-01 13:19 | Report Abuse

Mr. Market does what he wants.

Posted by newbiebetta > 2014-11-02 01:04 | Report Abuse

Next week touching RM1.9!!

Posted by MCWONG > 2014-11-03 16:14 | Report Abuse

Go up! Pls go up....

Posted by force > 2014-11-03 18:33 | Report Abuse

Many good news coming next month

Posted by hyq1121 > 2014-11-03 21:24 | Report Abuse

What good news about? Can share?

Posted by gray > 2014-11-03 21:31 | Report Abuse

better sell....

Posted by MCWONG > 2014-11-04 10:10 | Report Abuse

Bank in process buying??

Posted by sosfinance > 2014-11-04 13:07 | Report Abuse

This stock is flat for almost 2.5 years. With a DY of about 5%. Strong ROE, Good margin compared with competitors, reasonable growth, strong net cash flow of RM150m. Invested 100m in new outlets in 2014, compared with 2010-2013, total invested is about 85m. Expected to grow faster.

Posted by shinado > 2014-11-04 14:49 | Report Abuse

Sometimes certain stocks will remain flat for a few years and then suddenly shoot up one day. I believe that day will come some day.

Posted by skyz > 2014-11-04 16:55 | Report Abuse

damn fake weh the huge buy queue at 1.83! welcome back SHARKS!

Posted by bsngpg > 2014-11-04 22:07 | Report Abuse

http://klse.i3investor.com/blogs/sosfinance/63226.jsp

Blogger(sosfinance) likes Padini. Top #1 holding by Icap.

Thank you sosfinance for the write up.

Posted by jellygal27 > 2014-11-04 22:15 | Report Abuse

As long as the company is paying dividends, price will not have too big movement. you are substituting capital gains for dividends.

Posted by powerwk > 2014-11-04 22:39 | Report Abuse

Yeah, another couple of weeks dividends will be announce again. Stay tuned.

Posted by KJ Cheah > 2014-11-05 11:37 | Report Abuse

price cannot move at all!

Posted by samer > 2014-11-05 12:39 | Report Abuse

When is dividend payout?

Posted by sosfinance > 2014-11-05 16:10 | Report Abuse

Correction made on my comments on 4 Nov 2014. Invested about RM40m in new outlets & RM60m in Unit Trusts in 2014. 2013 investment in new outlets is only RM16m. (read the summary cash flow, hence no breakdown until I read the audited accounts)

With strong ROE (net of cash) at 38% with reasonable growth, and a DY 5.5%, upside should be good. Take a look at its earnings after a few years, and review regularly on its investment in unit trusts.

Posted by powerwk > 2014-11-05 20:25 | Report Abuse

For dividend announcement and payout you can easily check in Bursa right? Usually last week of November they will announce it and the payout should be two to three weeks after the announcement.

Posted by simon_nick > 2014-11-06 08:41 | Report Abuse

In its research note today, RHB said that it expects the three companies to be designated as non-compliant as they each have debt that exceeds 33% of their total assets, which is against the Syariah Advisory Council of the SC’s requirement that debt should not exceed 33% of a company’s total assets .

RHB Research explained that investors in “Syariah compliant securities” which are subsequently re-classified as “Syariah non-compliant” are required to dispose of the stocks within a month, unless the market price is below investment cost.

Meanwhile, RHB identified four stocks that could be included in the Syariah-compliant list, which are Esthethics International Group Bhd, Pantech Group Holdings Bhd, SKP Resources Bhd and Padini Holdings Bhd.

Posted by shinado > 2014-11-06 09:22 | Report Abuse

Thanks for the info simon_nick

Posted by skyz > 2014-11-07 14:53 | Report Abuse

some big players are accumulating 400+ lots few times moments ago.