Monday, 30 November 2015

斤经济较:Padini重出江湖


我的女朋友最近一直吵着我介绍她股票,
我找了一轮,
发现有一支股蛮适合她的,
就是Padini
主要原因是她非常喜欢去padini买衣服,
尤其是在一年两次的大减价时,
当时我陪她一起去,
看到人潮的拥挤,
我觉得这家公司应该有得做。


首先先从股价看起,
Padini股价自从2012年尝试动到RM2之后,
就开始它长达两年多的横摆行动,
之后两三次动到1.9就下跌,
在去年11月更被压制在1.3-1.4箱中,
今年10月中刚刚突破1.4的箱顶后,
就开始强势上升。


其实这次的涨潮不适空穴来风的,
过去几年,
我们可以看到虽然padinirevenue不断上涨,
但是profit margin却不断下降,
更导致去年的profit减少,

但是从今年5月的季报开始,
盈利开始增加,
这一季的revenueprofit更是大增,
这些都是padini要暴涨了的象征,

所以业绩一出我就立刻买进,
虽然那一天股价开高走低,
但是隔天就大涨了,
最大的resistance应该是在1.9,
还有一段距离,
但是比起从前的padini
现在的padinirevenue已经高出很多,
如果profit margin方面可以在下苦功,
破新高的日子指日可待。

6 comments:

  1. as such, our products must remain affordable. We foresee some contraction in our gross margins moving forward but we believe that with larger revenues, the impact of the reduced gross margins can be mitigated and that bottom lines can remain attractive.

    Err, based on above...seem like profit margin will not improve..but tamper instead.

    And also last quarter result was good due to Hari Raya. And Apparently Malay have become the main consumer for this brand. And honestly speaking. Padini is not really consider a "名牌"..

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  2. 我觉得管理层很会变通,行情好时抬高价钱来卖赚多点,行情坏时卖便宜点薄利多销。。。。商场上只有一句适者生存,我相信这是他成功之道。

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    Replies
    1. yes.. but apparently now is 行情 not good..so i dont think profit margin will improve. I may be wrong.

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    2. Based on the management strategy and statements, quite low probability profit margin will increase..Due to the effect of GST and economy downturn, i see the possibility many branded buyer will change to cheaper brand such as Padini..

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