wanna enhance your siggy with their respective weightage?

yaya! why not? 

can put in your TP too, we can help you monitor! 

lol, just kidding, by the way, what boosted padini though?

Early morning Padini main gap up. Dun play play 

Your Tekan Besi sudah keluar results.
Noticed a few things:

a. Inside OCI, Cash flow hedge loss, net of tax: 291.6m
b. Total borrowings: 3b (2b is USD denominated)
c. Unrealised forex loss: 113.6m
d. Realised gain on derivatives: 63.4m
e. Their gross and net margins are getting hammered.

I believe this is the first time they are doing the cash flow hedge. Which could either be a good thing or an extremely bad thing, depending on their expertise.... 

Do you plan to masuk lagi for the future or observe lagi? 

   
gst transition period is coming to an end soon. so good times ahead despite challenging market condition, trust me.
see you at 2. 
it's called management notes for a reason pinkie......

Free kondom paket.. for doorgift.. 

Not bad Padini today

But Pwroot 

thought you wanna sell upon the release of the Q results?

panini la 

Ini boleh ka ? I look at the annualised EPS i saliva drool all over liao 

buy more 
i'm a happy consumer

“Our channel checks indicate that such a pricing strategy remains attractive among consumers and we believe that its sales momentum will remain strong over the next few quarters."

Asking the bossed here haha. Abg pinky loaded. Abg gark say sepawi. Abg boon leh ?

Lorry already berry full. Dunno what to unload to eat this.  Pening

Overall, it's a good stock to me.
About 78% export sales. Big bulk is in USD and SGD.
Cashflow, debtors looks really good. Zero borrowings.
Gross n net profit margin improving coz of forex n production efficiency.
4th qtr results should be interesting to look at.
Apart from your normal ratios which are mostly good, some of the valuation computations versus margin of safety doesn't make this stock interesting to me.
But if u're looking at earnings growth n the other strong fundamentals as mentioned above, boleh masuk lori hahaha

Ps: this stock sudah naik above 100% since 2014 which I believe was mainly due to forex. What are the odds to naik lagi 50%

Few other things I noticed:

1. Collective insiders + private organisations = 83% stake in the Company. So this is a tightly controlled company.

2. This statement "The Group continues to seek opportunities for machine and product innovations,
enhance its internal process efficiencies and productivity in the face of the rising operating costs
environment, and implement strategies to achieve higher sales, especially in export market."

This indicates to me that we should expect more capex in the next few quarters. But the interesting part is there is zero capital commitment as at 30 Sept. 

3. There is no disclosure or mention anywhere on the Comp's production volume capacity and sales volume. Banyak secretive. So the company's performance based on sales volume alone is subjective.

4.  Need to look at the Comp's peers/competitors and consider who is cheap and has the most potential for further growth. 

Regarding BPPLAS, I haven't done proper study yet. But at first glance...

1. Its profit and EPS have dropped substantially from the height of 2010.
2. Dividend payout ration is quite high.

Moving forwards, do you see positive signs of this counter?

What's your CAGR based on? Revenue, PBT net profit or EBIT?
I calculated for 5 years 2011 to 2015 (TTM) only obtained CAGR for revenue about 4%. Net profit 1%.

Note: that's without considering into detail one-off items being incurred or earned. Too lazy to look into detail haha

Average of EBIT to revenue would be 6%.