About Padini Holdings Bhd
3rd Floor NO. 17 Jalan Ipoh Kecil Kuala Lumpur, 50350 Malaysia
60-03-4044-3235
TECHNICAL ANALYSIS:
Share price is on uptrend.
Share Price > EMA20 > EMA40 > EMA50 > EMA150 > EMA200
Padini Holdings Berhad is a Malaysia-based investment holding company. The Company offers garments, shoes and fashion accessories under a range of brands. The Company operates through five segments: Vincci Ladies' Specialties Centre Sdn. Bhd. (Vincci), Padini Corporation Sdn. Bhd. (Padini Corporation), Seed Corporation Sdn. Bhd. (Seed), Yee Fong Hung (Malaysia) Sendirian Berhad (Yee Fong Hung) and Mikihouse Children's Wear Sdn. Bhd. (Mikihouse). The Vincci segment offers brands, such as Tizio, Vincci and Vincci Accessories. The Padini Corporation segment offers brands, such as Padini, Padini Authentics and PDI. The Seed segment offers brands, such as Seed and Seed Cafe. The Yee Fong Hung segment offers brands, such as Brands Outlet and P&Co. The Mikihouse segment offers Miki Kids brand. It operates free-standing stores, consignment counters and franchise stores. It exports products to the United Arab Emirates, Oman, Syria, Qatar, Bahrain, Pakistan, Egypt, Morocco, Kuwait and Thailand.
The score for Padini Holdings last changed from 7 to 8 on 01/07/18. - The recent change in the Average Score was primarily due to an improvement in the Earnings component score.
Padini Holdings currently has an Earnings Rating of 7, which is significantly more bullish than the Apparel Retailers industry average of 4.5. PADINI scores a bullish 7 or greater for two of three component ratings. - Over the past 90 days, the consensus price target for PADINI has increased notably from 4.89 to 5.72, a gain of 17.0%. - There have been 5 upward and 1 downward broker recommendation changes for Padini Holdings over the past 120 days.
- Padini Holdings currently has a Fundamental Rating of 10, which is significantly more bullish than the Specialty Retailers industry group average of 4.8.
- The company's gross margin has been higher than its industry group average for each of the past five years.
- The company's current ratio has been higher than its industry group average for each of the past five years.
- The accruals ratio for PADINI is the lowest within its Specialty Retailers industry group.
- Of the 17 firms within the Specialty Retailers industry group, Padini Holdings is among 10 companies that pay a dividend. The stock's dividend yield is currently 1.8%.
Macquarie Equities Research (MQ Research) initiates coverage on Malaysian fashion retailer Padini Holdings (Padini) with an Outperform call in its report released yesterday (27 Jun), based on strong growth in annual earnings coupled with cheap price/earnings to growth (PEG) valuation against its global peers. MQ Research added that Padini is a good proxy to a potential improvement in sentiment and growth in consumption among the low-middle income groups in Malaysia.
Initiating coverage with an OP rating and RM8.05 TP
| KLSE: PADINI | PADINI HOLDINGS BHD |
| Last Price | Avg Target Price | Upside/Downside | Price Call |
| 5.83 | 5.33 |  -0.50 (8.58%) | |
| * Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months. |
| ** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable). |
| Date | Open Price | Target Price | Upside/Downside | Price Call | Source | News |
|---|---|---|---|---|---|---|
| 28/06/2018 | 5.59 | 8.05 | +2.46 (44.01%) | BUY | MACQUARIE GROUP | |
| 24/05/2018 | 5.35 | 4.77 | -0.58 (10.84%) | HOLD | MIDF | |
| 24/05/2018 | 5.35 | 5.25 | -0.10 (1.87%) | HOLD | KENANGA | |
| 24/05/2018 | 5.35 | 5.15 | -0.20 (3.74%) | HOLD | JF APEX | |
| 24/05/2018 | 5.35 | 5.70 | +0.35 (6.54%) | HOLD | BIMB | |
| 24/05/2018 | 5.35 | 4.52 | -0.83 (15.51%) | SELL | AMMB | |
| 02/05/2018 | 4.36 | 4.52 | +0.16 (3.67%) | HOLD | AMMB | |
| 27/02/2018 | 5.14 | 4.77 | -0.37 (7.20%) | HOLD | MIDF | |
| 27/02/2018 | 5.14 | 5.10 | -0.04 (0.78%) | HOLD | KENANGA | |
| 27/02/2018 | 5.14 | 5.76 | +0.62 (12.06%) | HOLD | JF APEX | |
| 27/02/2018 | 5.14 | 5.30 | +0.16 (3.11%) | HOLD | BIMB | |
| 27/02/2018 | 5.14 | 4.52 | -0.62 (12.06%) | SELL | AmInvest | |
Link: https://klse.i3investor.com/servlets/ptres/46072.jsp
* Calculated based on the net profit of the trailing twelve months and latest number of shares issued.
| Date | Financial Year | Ex-Date | Entitlement Date | Payment Date | Entitlement Type | Dividend (Cent) | Dividend (%) | Details |
|---|---|---|---|---|---|---|---|---|
| 23 May 2018 | 30 Jun 2018 | 08 Jun 2018 | 12 Jun 2018 | 29 Jun 2018 | Special Dividend | 1.5000 | 0.00 |  |
| 23 May 2018 | 30 Jun 2018 | 08 Jun 2018 | 12 Jun 2018 | 29 Jun 2018 | Interim Dividend | 2.5000 | 0.00 | |
| 26 Feb 2018 | 30 Jun 2018 | 13 Mar 2018 | 15 Mar 2018 | 29 Mar 2018 | Interim Dividend | 2.5000 | 0.00 | |
| 29 Nov 2017 | 30 Jun 2018 | 13 Dec 2017 | 15 Dec 2017 | 29 Dec 2017 | Second interim Dividend | 2.5000 | 0.00 | |
| 25 Aug 2017 | 30 Jun 2018 | 13 Sep 2017 | 15 Sep 2017 | 29 Sep 2017 | First Interim Dividend | 2.5000 | 0.00 | |
| 30 May 2017 | 30 Jun 2017 | 13 Jun 2017 | 15 Jun 2017 | 30 Jun 2017 | Special Dividend | 1.5000 | 0.00 | |
| 30 May 2017 | 30 Jun 2017 | 13 Jun 2017 | 15 Jun 2017 | 30 Jun 2017 | Interim Dividend | 2.5000 | 0.00 | |
| 20 Feb 2017 | 30 Jun 2017 | 08 Mar 2017 | 10 Mar 2017 | 27 Mar 2017 | Interim Dividend | 2.5000 | 0.00 | |
| 25 Nov 2016 | 30 Jun 2017 | 13 Dec 2016 | 15 Dec 2016 | 30 Dec 2016 | Second interim Dividend | 2.5000 | 0.00 | |
| 25 Aug 2016 | 30 Jun 2017 | 09 Sep 2016 | 14 Sep 2016 | 29 Sep 2016 | First Interim Dividend | 2.5000 | 0.00 | |
| 18 May 2016 | 30 Jun 2016 | 01 Jun 2016 | 03 Jun 2016 | 29 Jun 2016 | Interim Dividend | 2.5000 | 0.00 | |
| 18 May 2016 | 30 Jun 2016 | 01 Jun 2016 | 03 Jun 2016 | 29 Jun 2016 | Special Dividend | 1.5000 | 0.00 |
| Date | Ex-Date | Entitlement Date | Transfer Date | Type | Ratio | Right Issue Price | Details |
|---|---|---|---|---|---|---|---|
| 22 Dec 2010 | 03 Jan 2011 | 05 Jan 2011 | 05 Jan 2011 | Others | 5 : 1 | 0.000 | |
| 20 Jun 2007 | 04 Jul 2007 | 06 Jul 2007 | 06 Jul 2007 | Others | 2 : 1 | 0.000 | |
| 26 May 2004 | 14 Jun 2004 | 16 Jun 2004 | 16 Jun 2004 | Bonus Issue | 1 : 2 | 0.000 | |
Link: https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=7052
Category : Consumer Products - Main Market
| High | 5.850 |
| Low | 5.700 |
| Volume | 187,900 |
| Volume (B/S) | 100 / 4,700 |
| Price Bid/Ask | 5.890 / 5.630 |
| 52w | 3.430 - 6.010 |
| ROE | 25.96 |
| P/E | 24 |
| EPS | 24.39 |
| DPS | 11.49 |
| DY | 1.97% |
| PTBV | 6.21 |
| RPS | 252.52 |
| PSR | 2 |
| Market Cap | 3,835.6M |
| YoY | |
| RQoQ RYoY |
| RSI(14) | Neutral 60.6 |
| Stochastic(14) | Neutral 64.7 |
| Average Volume | 1,019,700 |
| Relative Volume | 0.2 |
Link:
https://www.klsescreener.com/v2/charting/chart/7052
The fifth perspective
GROWTH PLAN:
13. Looking ahead, Padini intends to expand its retail network whenever good opportunities are presented. This includes the planned opening of six Padini Concept stores and six Brands Outlet stores in 2018. The management also intends to carry out refurbishments for at least one Padini Concept store and three Brands Outlet stores. In addition, the management has completed the incorporation of Padini (Cambodia) Co. Ltd on 2 August 2017. It intends to open new stores to sell apparels, shoes and accessories in Cambodia in the near future.
No DEBT:
Padini is a cash-producing business and doesn’t need to continually raise equity or debt to expand its business and reward its shareholders with dividends. As at 30 June 2017, Padini has RM416.9 million in cash reserves and very low debt-to-equity ratio of 0.03.
In summary, Padini Holdings has built a track record of increasing sales, profits and dividends to its shareholders over the last decade. With abundant cash reserves and a low debt-to-equity ratio, the company is in position to ride through economic uncertainties, remain competitive in the ever changing and evolving fashion retail industry.
https://fifthperson.com/padini-holdings/
https://www.investing.com/equities/padini-holdings-bhd-financial-summary
http://www.theedgemarkets.com/article/can-padini-maintain-its-style-despite-tough-conditions
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