Too close to QR not to be related to QR The only big beneficiary should be KWAP They've been selling Don't think the operator can recoup the costs to push up This could be left pocket right pocket thingy
Outlook. We look forward to Padini’s strong near-term performance being underpinned by robust consumer sentiment given the Aidil Fitri festivities, mass return to office, and cash withdrawals. Looking beyond the near term, with Padini’s close competitors phased out by the pandemic, the likelihood of market share gains should also bode well for the group, translating to better sales growth moving forward. Expansion plans may also start coming into play, in our view, with the nationwide transition to endemicity. However, we await further capex guidance from management at the analyst briefing on 1 Jun. While we maintain cognisance of inflationary pressures that may result in margin compression, we view positively management’s efforts in possibly curating a more favourable product mix that translated to improved QoQ GPM in 3QFY22.
if you look back the record for the third quarter y/e 30/6/2016, 2017, 2018, 2019, you will notice that in fact third quarter result are at par with the third quarter for the y/e 30/6/2022. in other words, PADINI already return to pre-covid performance. If the share price now is lower than pre-covid, you can just gobble up any shares if share price is below 2.9
Around RM2 to be exact, don't really remember lol Sold at 2.80 or 2.90 and bought back lower and later sold at 3 and 3.40 My best covid buy so far by percentage, but maybe Genting can top that if it continues the same path lol
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....