ni soalan ke sembur garam atas luka?

ni soalan ke sembur garam atas luka?

It should now be considered a Chinese stock.

Bloody hell!

Don't simply drag me into the water!

Actually, I wonder why you want to even bother talking about a average stock like Padini.

Does it even pass the very basic fundamental screens?

for example.

How is the current profits?

This year it made 80 million.
Last year it made 90 million.

Decreased 10 million.

How is the profit trend?

FY12 profit: 95 mil
FY13 profit: 80 mil
FY14 profit: 90 mil
FY15 profit: 80 mil

How is the dividends trend?

This year 10 sen.
Last year 11.5 sen.

Declining dividends.

Right of the bat, it is declining already.

The two very basic issue....
and Padini is already failing .......

how?

Was there a concrete reason to trade up such a stock?

** note this was pointed out nicely by gark previously **

but then....
lol....
this stock....
is Tan Teng Boo star stock....
LOL!
So there will be some blind supporters for the stock just cause Teng Boo's ICap owns some shares in it....


Oh... and yes ..... the CURRENT chart is nice.

Super nice if you bought in Jul 2015.
But if you ask one who bought in April 2014, they will probably kick your ass for suggesting this is a good stock.


** which makes me realose that I did wrote some shit on this stock before back in 2013... LOL!

posting #1602

*****************************************

The main chart.



Padini was once a hot favourite. Backed by a strong growth story, you could see the extreme strong movement in the chart till end Aug 2012.
The earnings reported by Padini end Aug was terrible. Earnings declined like hell.
Was this a signal that perhaps the end of the growth story?
Would stores like Uniqlo eat into their future earnings.

With such a bad earnings, Padini corrected strongly.

Currently..



As you can see that the end Aug/Sep correction had ended and the stock was trying to find its feet again (mixed feeling about this as the earnings are rather week compared the previous year).
It had a superb run in May until taper June send the stock crumbling down once again.
Despite the heavy June correction, TA would be happy to point out that the stock appears to have found a higher low of 1.84 and that higher bottoms can be seen since end Dec.
Could 1.84 be considered as a new found bottom?
If that is the case would you want to put a wager on this stock?


This post has been edited by Boon3: Nov 10 2015, 09:56 AM

So sad.....

Without looking?

A company would do sales....

Err...maybe 3 reasons?

cos excess stock inventory...
cos stock inventory might go out dated....
cos obsolete with newer model coming out.....


For company like Padini, inventory out dated = out of style...
So best they clear stock by having mega sales

That said....
In accounting....
There are several ways to do with inventory...
They can write off...
Etc etc....
I wouldnt know cos I aint no accountant.

how, what's your experience? was it an easy trade or hard trade?

When people buy in cheap during the downtrend...
"trying to catch a falling knife, recipe for disaster"

When the stock eventually recovers...
"rubbish stock, must be stupid fanboys of who and who pushing it up..."

"A good company may be a bad stock, a good stock may be a rubbish company"

"Good" company eventually recovers...
"Still a bad stock"
Say whatever u like, people already made money

Spin like that, Jibby also lose liao lar



Stagnant profits in such state of economy a "bad" company? At such profit margins with such level of free cash flows with consistent dividends, a "bad" company?

Aiya, go back to your favourite USD stocks lar, no need increase revenue also profits can go up wan. But can MYR fall forever?

Boring, stagnant stocks are like your good ol' yellow-faced lady at home, keeps your tummy full and your mind at peace.

Sexy, seasonal stocks are like your currently popular tomyam/popiah, keeps your penis busy but she dress up and leaves in the morning.

Happy Deepavali!

This post has been edited by Pink Spider: Nov 10 2015, 11:19 AM

Hmmmm I almost tot today's a Sunday haha.

Grab's some chips to watch show.

Diff people diff preference on how they wana make money. Chillax. As long as u huat in your own way, can d. But if can learn to improve n be a better investor/trader also nothing wrong.

Deepavali nia, makan Murukku lar

No show to watch, river water don't blend with well water

Just woke up nothing better to do in da mood to blast some fella only

Why u no see me blast others?
Go figure


This post has been edited by Pink Spider: Nov 10 2015, 11:30 AM

I dunno cos the stock was not in my tracker.

Huh?
This is forum leh...
You grab chips to read a forum message?

You ok ka?

You had some special brew so early in the morning ka?



Eh?
Different people sure got different preference la.
What you talking about?

few stock to watch for this quarter, especially those have >50% of their trades in the US and Japan and dealing with USD and JPY:

Focus Lumber
Welcall
Hevea
Classic scenic
Pohuat

Others are dealing with USD but sales are in countries which having less growth such as:

Homeritz (result already out )
Thong Guan
UCHI Tect

Others feel free to add this in the list

sharing is caring

Classic Scenic

Hey, TGUAN biggest market is Japan lar

Well done!

Looks like you have been putting in a lot of focus and hard work on stocks.

Why ah, Boon?

It acquired a huge stake in a Chinese company

http://www.thestar.com.my/Business/Busines...urge/?style=biz

Omigod!!!!

Sorry..I just realised what you are talking about.

LOL!

I do have the ignore function on.

It's a forum and I don't bother with what I do not want to wadte my time on.

Hmmmm a lot of stocks red colour. Macam so easy to be di-goncang-kan over US interest rate news.

Anyhoo, Good Morning! Back to work~

Good morning & good day all..lets hope green on our side