Padini climbs on expansion report

Publish date: Thu, 26 Jan 2012, 10:37 AM
Padini Holdings Bhd, a garment maker and retailer, climbed 6.6 percent to RM1.30 in Kuala Lumpur trading at 9.47am, headed for a record close.

The company has allocated RM11 million to set up new shops to boost earnings, the Sun newspaper reported, citing Executive Director Chan Kwai Heng. Chan wasn't available for comment when phoned at his office today. -- Bloomberg

Labels: PADINI

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MalaysiaInvestor

IS Padini RM1.65 over value?
I bought Padini in 2004, and the ROI now is 491% and I didn't sell. I bought Padini again in 2009, the ROI now is 220% and I still didn't sell. I bought again in 2011, the ROI now is 58% and I still didn't sell. Never sell a good stock.

If you have invested RM128k in Padini stock in year 1998, your stock now would worth RM1.65 million now, and you would have collected RM238k of dividend. Your ROI including dividend would have been 1475%. and a CAGR around 23.63%. That is really impressive.

How should we value Padini now? Please refer to my blog. http://malaysiaequityinvestment.com/

2012-04-28 00:50

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