Some observation on Padini after quarter result is out the past year:

25/11/2015: 1.59
26/11/2015: 1.59(announce good result +65%)
27/11/2015: 1.64

22/2/2016: 2.17
23/2/2016: 2.18 (announce good result +104%)
24/2/2016: 2.12

17/5/2016: 2.26
18/5/2016: 2.30 (announce good result +32%)
19/5/2016: 2.33

24/8/16: 2.57
25/8/16: 2.63 (announce good result +106%)
26/8/16: 2.96

Average increase in quarter result: +77%
Price increase (27/11/15-28/8/15): + 80%

Also generally the price doesn't jump too high after a good result (except on 26/8). This counter seems good for long term trader if Panini can maintain it's good results.

Seems like Padini is doing well in spite of the bad economy by selling affordable mid range clothes in bundles, going for volume instead of margin. If economy improve, will it still be good for Padini?

This post has been edited by Le Don: Aug 31 2016, 02:53 PM

Good effort but unfortunately some smart pants might want you to work with much more data sample.
It's a valid point cos it's plain risky to make a conclusion with such limited data.





How Padini is doing so well?
If I have to guess, there are doing it by increasing store outlets.

Sudah lama tak checkin.
What's cooking?

hahaha boon3 don't need to waste time discussing on XQ la. Blardy Noob stock.
But kudo's on your pointers.
The monkey that has a huge stake and supposedly walked off during the AGM seems too naive to believe in XQ's financials and prospects.
I wonder if he is still dumping money to the black hole to average down further or sudah sold off to cut-loss d haha.

Why do they teach history?

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

Here is XQ's earnings...



a loss of over 380 MILLION !!!!

See? See? Yet another definitive example that tells me NOT TO TRUST China stocks listed in Msia.

Name me just one CHINA stock listed here that it is trouble free!

The stock chart since JAN 2016.



The reason for the loss is pretty lame. A big order that did not meet specification. Ha ha...

This post has been edited by aspartame: Aug 31 2016, 07:53 PM

[quote=Boon3,Aug 31 2016, 09:45 AM]
I am posting cos I just glance thru XQ's earnings...

and then I saw the chart

This was one of the few postings talking about the shit in Xingquan back in Jan 2016.



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

Here is XQ's earnings...



a loss of over 380 MILLION !!!!

See? See? Yet another definitive example that tells me NOT TO TRUST China stocks listed in Msia.

Name me just one CHINA stock listed here that it is trouble free!

The stock chart since JAN 2016.


If not mistaken XQ was listed back in 2009.
IPO price was 1.70+ I think.
Xingquan closed yesterday at 16 sen !!!!!
and ....................
I have to point out that Xingquan had a rights issue (1 for 3) in March 2016 !!! (that one I don't f'ing understand. Cash rich company, still wants to do rights issue?!!! )
Comments:

1. this is why the CASH PER SHARE yardstick it TOTALLY USELESS for China stocks listed here !

2. And the low PE.
Here's an interesting point...
When XingQuan kept falling since its IPO, all the while, it traded at a PE below 10! Sometimes below 5!!!!

And yet the stock fell!

So I think one should not simply USE PE.
Low PE does mean the stock is trading very cheaply versus its earnings...
but it ALSO MEANS THE STOCK IS NOT LAKU!
Many a times, the reason why the stock is NOT LAKU is very valid!!!

NOT ALL LOW PE EQUALS A GREAT STOCK!!!
3. and oh... the KYY issue!!! read inside the spoiler hor....

at this rate XQ could possibly trade below 10 sen...

[/quote]

avoid RED CHIPS at all cost! i learn it the hard way from CSL. lol....

exactly same story lar! the EPS lar, Cash per share la. all also BS lar. few hundred million sitting in the bank doing nothing, the company does not pay out as div, and it's not generating much interest. YET, the company is still raising for funds, something fishy? you be the judge.

Edit: dunno why i can't fix the quote.

This post has been edited by tehoice: Sep 1 2016, 09:39 AM

someone calling for my fav darlin stock?

look at the balance sheet, does it look healthy for you? shareholders' funds keep increasing, debt keep decreasing, strong cash position, good cash flow, easy to understand business model, consistent dividend payout ratio, better yield than the FD even at the current price. apa lagi lu mau? or you rather invest in complex counter that you don't even understand their business model?

panini is not a high end luxury boutique, the target audience is not for classy people. what made up the large chunk of the citizens? middle income group or low to middle income, or even middle to mid high income group. you think during the good times all ppl will just flood the likes of zara, gap, polo, bebe, Tommy Hilfiger? the fresh graduate can afford those luxury all the time?

no complain from someone who make more than 300% in the past few years from panini.
wont sell unless fundamental changes.

the bolded, this contributed majority of the growth, rather than just in-store organic growth.

you grow while you still can of course, while there is still room for growth.

There is no shame in going lower market segment. U think McD making more money or Carl's Junior making more money?

A profitable business model is a working business model.

I also regret selling

he argues that no ppl will visit the ordinary kopitiam during the good times, ppl will just go to marini's 57, etc.

what is past is past la, no need to regret, so long you made some money along the way.

This post has been edited by tehoice: Sep 1 2016, 09:52 AM

Who is "he"? The one that shall not be named? MO1?

What price u sold?

My regret is not buying more when it was 1.5 last year. Almost cut loss on this stock last year

Kena check my Excel file at home.

Any new investing ideas?

My whole portfolio in the red this morning

I write notes like this, mainly for myself, although some of them notes seems pretty repetitive at times.

This is how I feel one could be a better trader/investor.

We learn from mistakes and obviously what that is even better is we try to lears from others mistake, so we don't have to pay the price of similar mistakes.

The KYY.

When he 'retires' from the market...
many lessons would be learn...

the crafty ones, would try to emulate him....
buy a stock, write about the stock, promote the stock like hell.... and hope it goes up.
( perhaps they fail to realise that KYY has more arrows than them... )

the smarter ones...
should realise that the mountain sifu game is bullshit!
In the long run, you learn nothing and you probably lose a lot if you play the follow the mountain sifu game.

and yeaaaa....
just cos he 'donates' to charity, it doesn't mean he's a saint....
LOL!... even the mafia has their own favourite charity organisations....

Yea.. that's what I suspected.

Some companies do very good in achieving growth via store outlet growth....

There are those that don't.

for example...
Parkson ....
Yes, their Pavilion outlet is doing really good...
but what's the point when they keep opening outlets like the one in Maju Junction ...
only to have the store losing more than 10 million in less than a year?
That decision was baffling...
Clearly Maju Junction was a mall developed in a horrible location, so why there?

Oldtown...
coffee doing best....
but their store retail outlets...
isn't really making good money....
and when you see many stores, opening up in questionable locations....
and then you see outlet closing after a few months...
clearly the store outlet growth strategy is not for them....
yea... their food and service sucks big time...

SEM...
on the other hand....
it just doesn't matter apparently....
some locations... we see front main road got store, back inner road also got another (less than 100 feet in some location too!)
I mean, they can open up anywhere...
and business will boom....

CARING pharmacy?
still early days but from what I am seeing (some stores popping up in strange questionable locations)
I am guessing that the store outlet growth might not be successful....

not MO1 la. hahaha, he brought up panini in this discussion mah.

half agree with you. i didnt follow KYY though. never really buy into the shares he bought. only if the stock passed through my own criteria. but we were on red chips stock discussion, no? KYY definitely wont buy into red chips...

Parkson in our country is just not doing so well, have to admit lar.... maju junction, the building so run down, who would go there? facepalm.jpg.

oldtown, used to be very good, now i find their food and price is really sucks. no longer patron there anymore.

As for SEM, look at the convenience store number to people ratio in our country and our neighbour (SG and Thai), clearly there is still room for growth. I think 2 months back, i listen to Gary Brown breakfast grill on bfm, their strategy is doing quite good though.

As for caring. their business model is slightly different than the ordinary pharmacy stores. they will have a pharmacist at least in the store at all times when you need to purchase schedule B drugs. but i don't see how much can they grow just base on this lar. location is often a very imprtant factor. they only grow very rapidly for the past few years. during the 1990s and early 2000s, they don't grow at the current pace in terms of no. of stores. (I was involved in the caring ipo, fyi, although not relevant).

Agree with you mostly on the store outlet stuff.

On KYY not buying red chips?





he bought Xingquan earlier...
his first batch was around 1.70 iinm....
got caught ....
and when the stock was 60 sen ...
yea... 60 sen...
he wrote the following......

** hold on to your seat and place away any coffee mugs before you read the following.... **


drum roll..... phluuuuuuuuuusssssseee !!!!


My reasons for buying Xingquan are as follows:

1.CIMB were the under writers for Xingquan IPO at Rm 1.80 per share about 6 years ago.
2. Xingquan has been making profit every year since it was first listed and its share price has been falling ever since. These 2 sentences do not make any logical sense.
3.In the latest annual report 2015, you can see that its net tangible asset is Rm 3.42 with about Rm 3.00 cash per share. Its EPS is 42 sen in financial year ending June 2015 and it is selling at about 60 sen, P/E less than 2.
4.Most of the investors do not believe the audited accounts is true because the company gave out very little dividend.
5.I believe the audited accounts because one of the founders of S J Grant Thornton is my cousin.
6.Xingquan is listed in Malaysia and I believe our Securities Commission can protect shareholders interest.
7.I also believe the legal system in China and the controlling shareholder of Xingquan cannot cheat the minority shareholders.
8.Many shareholders are tired of holding the shares because it gives out very little dividend and they sold to cut loss. That is why the price has been coming down ever since it was listed.
9.I visited Xingquan in Xiamen a few times and I know that it has utilized all the money it received from IPO to expand its existing factory and constructed hostels to accommodate 3000 workers.
10.Xingquan has reduced its shoes and shoe sole business because of competition. It is now selling high class casual wears under the brand name of “Gertop”. It is not giving out dividend because it needs all the cash to open up new outlets. It has open about 110 outlets in all the larger cities in China. Xingquan has to pay cash for all their purchases.
11.In Guru Benjamin Graham’s book “The Intelligent Investor” all the company assets cannot disappear in thin air. Eventually the controlling shareholder will want some cash out of the company by giving out dividend.
12.Although I am nearly 83 years old, I can wait patiently. When I die my Charity foundation can wait patiently. I think the risk in buying Xingquan is small.
13.I am not asking you to buy. If you buy, you are doing it at your own risk.

*** ***

double posted ...once more....




This post has been edited by Boon3: Sep 1 2016, 11:18 AM

lol.... i didnt follow him though... perhaps he bought because he trusted GT. haha...
technically he also farked up this one lar.

Not much new ideas. Except my construction stocks doing well lately..Gadang, Mitra and Gkent



This post has been edited by Le Don: Sep 1 2016, 11:48 AM