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.

chillax guys....

oh wow! sea of red today, only padini and tmclife the green on my watchlist.... what happen eh?

don't worry, different people different judgement, but i may not agree with you on your declaration though you made your interpretation were purely based on the numbers (I know numbers don’t lie) but some accounting treatment/recognition can make certain numbers look good (pun intended) by the company themselves. You wanna know why the profits and margins were down? Mainly due to the absorptions of GST, they did not pass the gst to the purchasers for their old stocks (prior to gst implementation). Like what pinkie said, a company of such calibre who are able to blend in strong competition in such economy state, not so bad afterall, mind you, they have not launch their online thingie yet, this will give them a new source of revenue stream down the road. Like I said before, the business model of this company is really easy to understand and I’m still liking it despite the stagnant growth for the moment, it will still definitely have room for growth in the future (for their mass market audience), they don’t target niche market, they are doing what the most people can afford, average joe like me. Brands like uniqlo isn’t really cheap, and idk what are their strategy really is. Either you target the mass or you target the very rich, where do they position themselves? Maybe I will need to study them, are they listed?

Padini make up 30% of my portfolio, I invested some years ago with an average of about 1.5, now with the price of about 1.66 together with the dividends receipt to-date, easily 25% and above plus the small capital gain, this stock alone gives me about close to 35% gain in less than 4 years. I know, it’s just average, nothing to shout about deal, but with annual dividends coming in, as a shareholder who doesn’t go for a roller coaster ride, pretty good investment isn’t it?

In conclusion, every company that gives you positive return is a good trade, agree? Cheers.

NB: pls don’t mind my English, usage of words and grammar of the posts, I don’t have time to go and correct time, I just type whatever comes into my mind, so long you understand me will do.

There's a blog post on Padini vs Uniqlo:

Padini vs Uniqlo?

Read the comments part as well.

Read Forbes article as well. Search for Part 1 to 3.

The future of fashion retailing
Another article which I find fascinating although I have read about them before, but it is still a reminder/refresher to me. Not related to Padini and Uniqlo. But the concept can be applied.

Rapid Growth
PS: I like Ah Boon's poison teeeheee. But still long way to reach his level 
      The journey of a thousand miles begins with a first step~ 

PSS: Tehoice, how's your guppies doing. haha i think a lot of your cash goes to buying more tanks and maintaining them. Changing water frequently = pain in the butt. 

Geshen apa macam? I at the side see fireworks only :/

I thought the new owner gonna delist at 80cents so i off radar. Mana tau sekarang :/ but i think 2.5 can leh if annualise the last 2q eps.

Betul ka?? This q punya profit 30% forex gain leh. So temptingggg. Mari kasi taram sikit

Sure not so stimmmmmm. Abg boon punya self control manyak cekap

nola, no one is wrong and no one is right. no need to have winner all the time.

i once worked for my ex-boss on a deal that is 100% write off. i don't want to name my ex-boss, but everyone knows him.

he wanted to purchase to some warrants. but he cant convert the warrants cos he is holding about 32% of the mother share, anything more than 33%, he has to do a GO. but the warrants is expiring in 6 months time (the value of the warrants will go down as it nears the expiry).

he still die die want to subscribe the warrants. so 6 months later, few million down the drain, write off in the accounts. so? is there a winner? is that a winning trade? obvious answer is no and he still wanna do it. maybe he has his own reason that no one knows. so how???? you wanna comment/rate such purchase > write-off?

moral of the story? too much of $$$ and he rather burn it than giving it to us as bonus. lol....

fend off possible takeovers? no no no, no one in the company (the major shareholders other than the controlling shareholders can take it private).

no one else, he's the 2nd largest shareholder in the company. who else can take over? literally no one, other than the controlling shareholders to take it private or him triggering the Code and gotta launch a GO to take over.

so you're definitely not right. my direct superior also doesnt know why. haha... let bygone be bygone, it's been 2 years now already.

Wah tienwah manyak panas wor. Profit from subsidiary lai liao. Similar to geshen. Another inari in the making?

Let me try ah. Tienwah's PBT and PBT margin ignoring exceptional item:

3Q2015 PBT - 29mil - 9.7mil per Q ~ 10% margin per Q
2014 PBT - 30mil - 7.5mil per Q ~ 8% margin per Q
2013 PBT - 44mil -11mil per Q ~ 13% margin per Q
2012 PBT - 47mil - 11.8mil per Q ~ 12% margin per Q

2015Q3 PBT - 14.6mil (3mil from associate coy) - 12% operating margin (ignoring associate profit)
2015Q2 PBT - 5.6mil (1mil from associate coy) - 5% operating margin
2015Q1 PBT - 8.5mil (1.4mil from associate coy) - 8% operating margin

Seems like revenue and margin is improving because of forex. But the effect has only appeared in Q3 which I think is rather late. So I'm not so sure if they can sustain this kind of performance.

At most I think they can repeat 2013's 44mil PBT this year so assuming PE10 price would be RM2.50. Next year I think at most 50mil PBT, price would be RM3.00. Given the current price of RM2.30 and the low volume I think this one can play but not sexy enough. So my conclusion is Geshen lagi sedapppppp  yum yum

Not yours also meh  naik also heart pain coz lorry tak penuh
if the not because of abg boon punya tipsy i won't have the balls to play lor 

Hehe your hevea apa macam? I just noticed that their q3 is seasonally weaker. I hope this q weaker so ican kasi hentam same dia