so queing to sell ad? or revising their tp and hopeful that the growth can be reignited?

have to see what business are they in? some business just need a lot of borrowings or high capax, or some business like the telco will have more borrowings or low cash in hand since they know the amount of cash which will be coming in at the end of every month....?

you to take a look at its balance sheet? they are in the fashion line where the stocks needs to be changed every season. they're not in some staple goods business where there is no need much of fashionable changes.

but i gotta agree with you that these sales would make a dent in the "inventory loss". they even group them into 3 categories......... it puzzles me.... but as a shareholder, i'm more than happy to see the crowd and the queue to pay. they are still doing well. like what i have said before, this business model is easy to understand if you are in the retail line. RM2.50 is a bit far fetched, but RM2 is definitely achievable.

but pinkie is right too, gotta observe what's in the upcoming quarterly report. let's see.

by your definition, how old is consider an unker? by the way, who's unker teh? lol!

i wonder his definition. lol... i'm in my 20s and i'm uncle... maybe because i'm in my late 20s.... haha...

all the luxury product margins are

but shareholders

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.

eye on anything?

Thanks for the link, I will have a good read when I’m free. But at one glance, padini is still holding the upper hand (at least in the current local market).

The remain are to be seen, can anyone borrow me your crystal ball? Hehe…

Haha…. Yeah, I spent a lot in expanding my tanks and getting stocks previously! But now are slowly recovering, no more rapid expansion now, will stop growing for 2-3 years, going to concentrate on just improving my margins and maintaining high quality stocks. Haha…. (since we are in stock exchange, gotta speak more jargons than just lay man guppy language). By the way, my guppies are doing really great, forseeing some good cash in-flow in 3-4 months time, you wanna book yours first (do you keep guppies)? Give you a special discount first, since we all same “kaki” haha… frequent water changing is a must la, in order to keep my biological inventory in good state, or later I gotta write off my inventory you know! Haha….

huh, what's tekan besi?

then from what you say, each outlet will have more marginal impact for uniqlo (from basic point of view, seems a better business right?

Edit: press metal is it? lol...... i mau tekan bubis vietmoi stock got ar?

This post has been edited by tehoice: Nov 11 2015, 11:20 AM

yeah i know, see my edited. i mau press something else... haha....

ok.jpg, noted on the explanation and I understand.

Yeah the target audience is important, I don’t deny that the mid-upper has more spending powahhh but economies of scale is one of the padini’s strengths. I believe they can capitalise their lower costs of production, mobility costs, and avenue of distributing it (end-user platform, i.e. more outletssss).

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....

lol... start small la you... see when do you wanna start only... very easy one....
nola, i keep them as a hobby only, never thought of opening shop. i wanna climb my corporate ladder.....

yeah, mainly from taiwan, but now i got stocks from Philippine too

pm me when you want it ya, but depends on availability or you gotta wait.

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.

better luck next time!

lol... my ex company no one doesn't know.... giant conglomerate... haha... the rest is history...

don't want la, i can't move my business to sg la... lol...