【PADINI 7052 交流专区】巴迪尼控股

icy97

PADINI HOLDINGS BERHAD

EX-date	10 Dec 2015
Entitlement date	14 Dec 2015
Entitlement time	05:00 PM
Entitlement subject	Second interim dividend
Entitlement description	Second Interim Dividend of 2.5 sen per share (Single Tier Dividend) in respect of the financial year ending 30 June 2016
Period of interest payment	to
Financial Year End	30 Jun 2016
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	TRICOR INVESTOR SERVICES SDN BHDUnit 32-01, Level 32, Tower A, Vertical Business SuiteAvenue 3, Bangsar SouthNo. 8, Jalan Kerinchi59200Kuala LumpurTel:0327839299Fax:0327839222
Payment date	31 Dec 2015
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	14 Dec 2015
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.0250
Par Value	Malaysian Ringgit (MYR) 0.100

icy97

巴迪尼首季派息2.5仙

财经新闻 财经  2015-11-28 10:04
（吉隆坡27日讯）巴迪尼控股（PADINI，7052，主板消费产品股）截至9月30日首季业绩亮眼，净利按年增65.41%，同时宣布派发每股2.5仙股息。

该公司首季净赚3183万令吉，优于去年同季的1924万3000令吉。

营业额则按年涨18.9%，至2亿6957万3000令吉，较去年同季的2亿2674万8000令吉高。

该公司将于下月31日支付每股2.5仙的股息，除权日为下月10日。

巴迪尼控股指出，首季业绩报捷，归功于数项利好因素，包括增设的Brands Outlet分行和巴迪尼概念店贡献的营收，加上同店销售增长率（SSSG）提升。

因此，公司将持续专注于扩大销售网络和积极推动营业额增长。尽管预见赚幅或会收窄，不过，营业额增长可缓冲赚幅的减少，扶持公司的净利表现持续亮眼。【南洋网财经】

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2015

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2015	30 Sep 2014	30 Sep 2015	30 Sep 2014
		$$'000	$$'000	$$'000	$$'000

1	Revenue	269,573	226,748	269,573	226,748
2	Profit/(loss) before tax	44,306	26,738	44,306	26,738
3	Profit/(loss) for the period	31,830	19,243	31,830	19,243
4	Profit/(loss) attributable to ordinary equity holders of the parent	31,830	19,243	31,830	19,243
5	Basic earnings/(loss) per share (Subunit)	4.84	2.92	4.84	2.92
6	Proposed/Declared dividend per share (Subunit)	2.50	2.50	2.50	2.50
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.6460		0.6170

icy97

賺幅復甦‧業務擴張‧巴迪尼放眼雙位數增長

2015-12-02 16:33      
（吉隆坡2日訊）巴迪尼控股（PADINI，7052，主板消費品組）的首季業績取得開門紅，安聯星展研究相信在賺幅復甦和業務擴張的支持下，今年仍可書寫雙位數淨利增長，調高2016和2017年財測34%。

首季業績開門紅

安聯星展在報告中說，巴迪尼在首季取得14%的同店銷售成長（SSSG），高於上財政年的7%，這主要歸功於巴迪尼概念店的23%銷售成長率。

“我們認為，巴迪尼概念店採用的訂價策略對消費者來說仍具備吸引力，因此估計銷售成長動力可在未來幾季中持續。”

安聯星展表示，巴迪尼的毛利賺幅在首季重新高達46%，但預計將在未來逐漸下滑，因該公司可能暫時不把成本轉嫁給客戶。

另外，巴迪尼目前從中國進口65至70%的貨品，有關交易是以人民幣計價，其餘則以美元計價，因此在馬幣兌上述兩種貨幣都貶值的情況下，賺幅將繼續面對下壓，儘管該公司可透過調整貨源和產品組合來給予緩衝。

今明年財測上調34%

有鑑於此，安聯星展調高巴迪尼的同店銷售和賺幅預估，並因此調高今明兩年財測34%，目標價則上修至2令吉零5仙，維持“買進”評級不變。（星洲日報／財經‧報導：李三宇）

icy97

杨志豪擢升巴迪尼执行董事

财经  2015年12月03日
（吉隆坡3日讯）巴迪尼控股（PADINI，7052，主板消费股）宣布，杨志豪擢升为该公司执行董事，原本替代董事职位由其弟杨志杰（人名皆译音）担任，即日生效。

杨氏兄弟是巴迪尼控股董事经理杨邦骏和执行董事张清寧的儿子，先后担任母亲张清寧的替代董事。

杨志豪今年34岁，拥有加州州立大学北陵分校电脑科学学士学位，从2008年至今担任巴迪尼科网私人有限公司的科技经理。

另外，今年31岁的杨志杰则持有澳洲墨尔本大学的艺术及传媒学士文凭，于2005年成为巴迪尼销售助理，现任公司品牌经理。【东方网财经】

Date of change	03 Dec 2015
Name	MR ANDREW YONG TZE HOW
Age	34
Nationality	Malaysia
Designation	Alternate Director
Directorate	Executive
Type of change	Others
Description	Cessation as Alternate Director
Qualifications	Bachelor's Degree in Computer Science at California State University, Northridge
Working experience and occupation	May 2008  PresentIT Manager in Padini Dot Com Sdn Bhd managing all IT Operations, System Implementations and IT assets for the whole group. He was promoted to General Manager - Operations in August 2015, overseeing, managing and directing overall operations of the support departments of the Group.April 2006  May 2008Sub contractor as a AS400 Programmer to Patimas PSG and as a System Operator in Prudential services.
Family relationship with any director and/or major shareholder of the listed issuer	Andrew Yong Tze How is the son of the Managing Director, Mr Yong Pang Chaun and the Executive Director, Mdm Chong Chin Lin. He is also the brother of Mr Benjamin Yong Tze Jet, the Alternate Director to Mdm Chong Chin Lin.

Date of change	03 Dec 2015
Name	MR CHEONG CHUNG YET
Age	49
Nationality	Malaysia
Designation	Director
Directorate	Executive
Type of change	Resignation
Reason	Personal reason
Details of any disagreement that he/she has with the Board of Directors	No
Whether there are any matters that need to be brought to the attention of shareholders	No
Qualifications	Bachelor of Accountancy (Hons) Degree - University of Malaya
Working experience and occupation	In 1990, he joined Isetan of Japan as a Sales and Merchandising executive before being promoted to the position of manager of the Merchandising Department in 1995. While serving in Isetan, he had gained extensive experience in retail management (operations and merchandising) and in concept planning, branding and merchandising for in-house labels. He joined Padini Group in 1996 as the head of the Group's merchandising and retail department.
Family relationship with any director and/or major shareholder of the listed issuer	None
Any conflict of interests that he/she has with the listed issuer	None
Details of any interest in the securities of the listed issuer or its subsidiaries	1,173,990 ordinary shares of RM0.10 each

Date of change	03 Dec 2015
Name	MR BENJAMIN YONG TZE JET
Age	31
Nationality	Malaysia
Designation	Alternate Director
Directorate	Executive
Type of change	Appointment
Qualifications	Bachelors Degree in Arts, Media & Communication  University of Melbourne, Victoria, Australia
Working experience and occupation	September 2005 - PresentJoined Padini as an Assistant Merchandiser and has worked his way up to be the Brand Manager for the Padini till the present day. He gained the experience of merchandising and then moved on to handle both Marketing and Merchandising when he was promoted to Brand Manager in 2009.
Directorship of public companies (if any)	None
Family relationship with any director and/or major shareholder of the listed issuer	Benjamin Yong Tze Jet is the son of the Managing Director, Mr Yong Pang Chaun and the Executive Director, Mdm Chong Chin Lin. He is also the brother of Mr Andrew Yong Tze How, the Executive Director.

Date of change	03 Dec 2015
Name	MR ANDREW YONG TZE HOW
Age	34
Nationality	Malaysia
Designation	Executive Director
Directorate	Executive
Type of change	Appointment
Qualifications	Bachelor's Degree in Computer Science at California State University, Northridge
Working experience and occupation	May 2008  PresentIT Manager in Padini Dot Com Sdn Bhd managing all IT Operations, System Implementations and IT assets for the whole group. He was promoted to General Manager - Operations in August 2015, overseeing, managing and directing overall operations of the support departments of the Group.April 2006  May 2008Sub contractor as a AS400 Programmer to Patimas PSG and as a System Operator in Prudential services.
Directorship of public companies (if any)	None
Family relationship with any director and/or major shareholder of the listed issuer	Andrew Yong Tze How is the son of the Managing Director, Mr Yong Pang Chaun and the Executive Director, Mdm Chong Chin Lin. He is also the brother of Mr Benjamin Yong Tze Jet, the Alternate Director to Mdm Chong Chin Lin.

icy97

股價已反映合理價值‧巴迪尼評級下修

2015-12-10 17:11      
（吉隆坡10日訊）巴迪尼控股（PADINI，7052，主板消費品組）近期股價急揚18%，分析員認為其股價已反映合理價值，在短期催化因素已全面反映下，下修評級至“守住”。
增新門市有助帶動盈利

馬銀行研究表示，預計在短期內，進取的銷售活動將推動巴迪尼控股業務，增加新門市也有助帶動盈利。

根據馬銀行研究，巴迪尼控股計劃在2016年增加16間新分店，當中包括7間概念分店（PCS）及9間品牌分店（BO）。

除此之外，巴迪尼控股目前擁有1億2千780萬令吉淨現金，相等於每股19仙，同時，根據該公司在2016年8千萬令吉的淨現金流預測，足以每年派發10仙的股息，相等於5.3%的淨周息率。

在風險方面，馬銀行研究認為，海外時尚零售業者帶來的競爭、生活成本高漲導致消費能力下跌及租金和人力成本的通膨壓力是潛在利空因素。

馬銀行研究表示，該行在11月26日建議投資者“買入”巴迪尼控股後，股價至今已上揚18%（按年漲36%），短期盈利成長潛能已大致反映上股價上，轉為建議投資者“守住”該公司股票，目標價保持在1令吉90仙，相等於10倍本益比估值。（星洲日報／財經‧報導：陳林德）


巴迪尼控股 股价已反映利好
财经 股市 行家论股  2015-12-11 14:00
http://www.nanyang.com/node/738510?tid=462

icy97

銷售增‧賺幅穩‧巴迪尼獲利走俏

2016-01-26 17:06      
（吉隆坡26日訊）在增設新店、同店銷售增長和賺幅強穩等優勢的帶動下，分析員看好巴迪尼控股（PADINI，7052，主板消費品組）可以喜迎新年。

安聯星展研究會見管理層後發表報告說，該公司將在下月23日公佈截至12月的第二季業績，他們看好該公司的表現。

“我們樂觀看待該公司2016財政年營業額將能夠維持雙位數增長。”

該行補充，該公司增設12家新門店，並採用綜合品牌路線等策略，都可以帶動整體業績表現。

該行認為，雖然進口貨品成本提高，但該公司2016財政年第二季賺幅仍可以維持在低於45%的高水平，這主要是巴迪尼概念店貨品的賺幅較高。

配合賬目調整，該行分別調高2016和2017財政年盈利預測2%，新公佈的2018財政年盈利預測則下調2%。

安聯星展調整基礎年份至2016年後，以12倍本益比為準，調高巴迪尼控股的目標價，從2令吉零5仙升至2令吉16仙，評級維持“買進”。

巴迪尼今日上揚7仙，閉市報1令吉98仙。（星洲日報／財經‧報導：王寶欽）

icy97

巴迪尼控股 股价已反映利好

财经 股市 行家论股  2016-02-12 11:22

目标价：2令吉

最新进展
巴迪尼控股（PADINI，7052，主板消费产品股）计划在2016财年，增设13家新分店。

自从在2015年7月份，巴迪尼控股开设了3家概念店与6家“Brands Outlet”后，该公司计划在2016财年下半年，再开多4家分店，即在莎阿南永旺（2家）及哥打峇鲁永旺（2家）。
行家建议

据我们了解，概念点与“Brands Outlet”在2016财年第二季（截至2015年12月底）的按年销量，继续强劲增长，归功于巴迪尼控股积极的促销，尤其是在概念店推出的捆绑式销售优惠。

比起2016财年首季，我们更看好第二季和第三季的销售，因为时值佳节，也是传统的销售旺季。

2016至2018财年每股净利按年增长率预测，分别为50%、10%、3%，促使我们看好短期盈利展望。

不过，由于利好已经反映在股价里，因此维持“守住”评级，但把目标价，从1.90令吉上修至2.00令吉。



分析：马银行投行

【南洋网财经】

icy97

EX-date	09 Mar 2016
Entitlement date	11 Mar 2016
Entitlement time	05:00 PM
Entitlement subject	Interim Dividend
Entitlement description	Third Interim Dividend of 2.5 sen per share (Single Tier Dividend) in respect of the financial year ending 30 June 2016
Period of interest payment	to
Financial Year End	30 Jun 2016
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHDUnit 32-01, Level 32, Tower A,Vertical Business Suite, Avenue 3, Bangsar South,No. 8, Jalan Kerinchi59200Kuala LumpurTel:0327839299Fax:0327839222
Payment date	28 Mar 2016
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	11 Mar 2016
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.0250
Par Value	Malaysian Ringgit (MYR) 0.100

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2015

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2015	31 Dec 2014	31 Dec 2015	31 Dec 2014
		$$'000	$$'000	$$'000	$$'000

1	Revenue	340,378	245,590	609,951	472,338
2	Profit/(loss) before tax	44,526	24,116	88,832	50,854
3	Profit/(loss) for the period	33,070	16,209	64,900	35,452
4	Profit/(loss) attributable to ordinary equity holders of the parent	33,070	16,209	64,900	35,452
5	Basic earnings/(loss) per share (Subunit)	5.03	2.46	9.86	5.39
6	Proposed/Declared dividend per share (Subunit)	2.50	2.50	5.00	5.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.6700		0.6200

哭哭鸟

Padini Holdings Berhad - A Winning Formula
Publish date: Wed, 24 Feb 2016, 09:29 AM

Period
2Q16/1H16

Actual vs. Expectations
Padini’s 1H16 net profit (NP) registered at RM64.9m (+83.1% YoY), beating our/consensus FY16 NP estimates by 14.7%/11.0%. 2Q16 was largely driven by promotional activities capitalising on the year-end and Christmas shopping season.

Dividends
Second interim single-tier dividend of 2.5 sen was declared, bringing YTD payout to 5.0 sen, which is deemed broadly in line with our FY16E NDPS of 12.0 sen.

Key Results Highlights
YoY, 1H16 sales stood at RM610.0m (+29.1% YoY) given the bigger store base of the more well-received 12 Padini Concept stores and Brands Outlet stores as compared to 2H15 (Refer page 2 of segmental breakdown). In addition, the company enjoys a more streamlined store base with a lower concentration of concession stores in favour of more profitable freestanding stores.

QoQ, 2Q16 recorded a turnover of RM340.4m which outperformed 1Q16 by 26.3%, with the year-end and Christmas shopping season being the primary catalyst for larger consumer expenditure. However, as a result of the company’s aggressive discounting and promotional efforts to capture and maintain a larger market share during the period, 2Q16 NP ultimately stood at RM33.1m (+3.9% QoQ) despite the substantial growth in sales.

Outlook
Padini appears to be least affected by the decline in consumer sentiment during 2015, given the management’s strong direction and brand strategy to maintain market share.

With management’s target for at least 10 new stores to be opened by end-FY16, Padini will be well positioned to ride on the up-wave with the advantage of a wider store presence when macroeconomic headwinds simmer down and consumer sentiment recovers.

Change to Forecasts
Due to better-than-expected results and outlook, we are upgrading our estimated increase in Same-Store- Sales Growth (SSSG) for the Padini brands to 22.8% in FY16 from our pre-revised SSSG of 18.8%. This improves our FY16E and FY17E NP by 3.3% and 2.8%.

Rating
Maintain MARKET PERFORM

Valuation
We are upgrading our TP from RM1.82 to RM2.21, ascribing a new rolled-over 13x FY17E PER (implying +0.5SD over its 5-year fwd average PER) on 17.0 sen EPS, to reflect its expanding SSSG potential. Our previous valuation was based on 12x FY16E PER on 15.2 sen EPS.

For the time being, we are not upgrading our FY16E and FY17E dividend payouts as it may be too hopeful.

Risks
Lower-than-expected operating expense, incurred from the opening of new stores.

Lower spending by consumers due to rising costs.

Source: Kenanga Research - 24 Feb 2016

哭哭鸟

Stock With Momentum: Padini Holdings
By Asia Analytica / The Edge Financial Daily   | February 25, 2016 : 10:52 AM MYT  
http://www.theedgemarkets.com/my ... gs-1?type=Corporate

Padini Holdings Bhd (+ve)

Shares of fashion apparel company Padini (fundamental: 2.5/3, valuation: 2.1/3), which have surged 57% in the past one year, dipped 2.75% or six sen to close at RM2.12 yesterday, after releasing its second-quarter results on Tuesday.

This was despite net profit more than doubling to RM33.1 million in 2QFY16 from RM16.2 million a year ago on the back of a 38.6% growth in revenue to RM340.4 million, driven by its aggressive discounting and promotional efforts to capture and maintain a larger market share as well as better cost management.

The company declared a third interim dividend of 2.5 sen per share for FY16, which will go ex on March 9. As part of its strategy to expand into second and third tier cities, Padini plans to open additional five stores by end-2016.

The stock currently trades at a trailing P/E of 13.1 times and 3.16 times book value. Dividends totalled 10 sen per share for FY2015, giving an above-average yield of 4.7%.

icy97

产品组合和配套策略诱人 巴迪尼第三季业绩唱好

财经新闻 财经  2016-04-21 12:45
（吉隆坡20日讯）巴迪尼控股（PADINI，7052，主板消费产品股）预计会在5月18日，公布第三季业绩，安联星展研究看好其营业额和净利，可持续取得双位数增长。

分析员看好业绩表现，主要是因为巴迪尼控股采取了持续诱人的产品组合和配套策略，以及11家增设的分行所推动。

因此分析员相信，巴迪尼控股正在达至1.2亿令吉净利预测的轨道上。

与管理层会面后，分析员对该股的看法转为正面。

令吉回扬减轻成本

回顾次季，巴迪尼控股的赚幅被佳节促销所压低。为期4天的促销活动，销售额占当季销量的14%，但平均赚幅却少了约35%。

如今，基于第三季没有任何佳节促销活动，因此估计赚幅会有所改善。

另外，令吉持续复苏，也有助于推高赚幅。

该公司自2014年开始，就从国外取得货源，其中65至70%是源自中国，主要以人民币计价，其余则以美元计价。

若令吉近期回扬的势头能得以延续，将有助于减轻成本，并改善赚幅。

分析员将投资评级上修至“买进”，目标价格也调高至2.25令吉，因相信该股能持续从令吉回弹中受惠、第三季业绩会走强，且股价回跌后价值已经显现。

现金充足有利派息

巴迪尼控股的资产负债表稳健，处于净现金状况，有能力让公司维持至少每股10仙的派息政策，和在不压迫资产负债表的情况下扩充分行。

不过，分析员点出，该股在国内大规模的零售领域中，始终面临激烈的竞争。

尽管该公司目前从经营低档产品中受惠，但消费者情绪长久低迷，还是会冲击个人开销。



【南洋网财经】

哭哭鸟

巴迪尼派息4仙
财经新闻 财经  2016-05-19 12:44
http://www.nanyang.com/node/762000?tid=462

（吉隆坡18日讯）巴迪尼控股（PADINI，7052，主板消费产品股）截至3月杪第三季，净利按年扬32.1%，并宣布派发股息及特别股息共4仙。

根据文告，公司当季净赚3513万令吉或每股净利5.34仙，高于去年同季的2659万3000令吉，归功于营业额增加，以及营运开销增长率低企。

第三季营业额按年涨20.71%，从2亿8362万2000令吉，提高至3亿4236万7000令吉，因现有店面强劲增长，还有新开张的店面捎来贡献。

此外，公司当季宣布派发每股1.5仙的特别股息，还有每股2.5仙的中期股息，除权日与享有权益日，分别是下月1日及3日。

合计首9个月，净利按年增61.22%，从6204万5000令吉，攀升至1亿3万令吉，或每股净利15.2仙。

同期营业额录得9亿5231万8000令吉，按年涨25.97%，高于去年同期的7亿5596万令吉。

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2016

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2016	31 Mar 2015	31 Mar 2016	31 Mar 2015
		$$'000	$$'000	$$'000	$$'000

1	Revenue	342,367	283,622	952,318	755,960
2	Profit/(loss) before tax	46,281	38,970	135,113	89,824
3	Profit/(loss) for the period	35,130	26,593	100,030	62,045
4	Profit/(loss) attributable to ordinary equity holders of the parent	35,130	26,593	100,030	62,045
5	Basic earnings/(loss) per share (Subunit)	5.34	4.04	15.20	9.43
6	Proposed/Declared dividend per share (Subunit)	4.00	2.50	9.00	7.50
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.7000		0.6200

哭哭鸟

EX-date	01 Jun 2016
Entitlement date	03 Jun 2016
Entitlement time	05:00 PM
Entitlement subject	Interim Dividend
Entitlement description	Fourth Interim Dividend of 2.5 sen per share (Single Tier Dividend) in respect of the financial year ending 30 June 2016
Period of interest payment	to
Financial Year End	30 Jun 2016
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHDUnit 32-01, Level 32, Tower A,Vertical Business Suite, Avenue 3, Bangsar South,No. 8, Jalan Kerinchi59200Kuala LumpurTel:0327839299Fax:0327839222
Payment date	29 Jun 2016
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	03 Jun 2016
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.0250
Par Value	Malaysian Ringgit (MYR) 0.100

哭哭鸟

EX-date	01 Jun 2016
Entitlement date	03 Jun 2016
Entitlement time	05:00 PM
Entitlement subject	Special Dividend
Entitlement description	Special Dividend of 1.5 sen per share (Single Tier Dividend) in respect of the financial year ending 30 June 2016
Period of interest payment	to
Financial Year End	30 Jun 2016
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHDUnit 32-01, Level 32, Tower A,Vertical Business Suite, Avenue 3, Bangsar South,No. 8, Jalan Kerinchi59200Kuala LumpurTel:0327839299Fax:0327839222
Payment date	29 Jun 2016
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	03 Jun 2016
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.0150
Par Value	Malaysian Ringgit (MYR) 0.100

icy97

巴迪尼全年業績料創新高

2016-05-20 11:16      
巴迪尼控股（PADINI，7052,主板消費品組）第三季業績報捷，M I D F研究預測全年業績將再創新高，上調目標價至2令吉75仙，投資評級也調高至“買進”。

在業績成長帶動下，巴迪尼股價週四早盤一度上探2令吉42仙，漲12仙，無奈午盤出現套利，使股價回跌，總結全天僅漲3仙，以2令吉33仙收市，成交量270萬8千股票。



MIDF研究在報告中說，巴迪尼第三季營業額成長20.7%，盈利也成長18.8%，歸功於分店銷售持續健康成長，該公司也在第三季期間增設了5家分店和8家品牌分店。

該行預測來臨齋戒月將繼續推動巴迪尼營業額成長，使全年業績再創歷史新高紀錄。（星洲日報／財經）


巴迪尼 增长动力强劲
财经 行家论股  2016-05-20 12:29
http://www.nanyang.com/node/762176?tid=462

utardylan

你们谁收到dividen了？

utardylan

utardylan 发表于 9-6-2016 11:13 AM
你们谁收到dividen了？

oh....我以为3号六月 entitlement date..
那我要忍道29日才放....

哭哭鸟

PADINI – Fundamental Analysis (21 Jun 2016)
https://lcchong.wordpress.com/2016/06/21/padini-fundamental-analysis-21-jun-2016/

Excel – Download the analysis file
Latest Financial – Q3 2016 Financial Report (18 May 2016)
Peer Comparison – http://www.slideshare.net/lcchong76/apparels-peer-comparison
TA Securities released a very comprehensive coverage of PADINI on 20 Jun 2016.

FY16 Q3 Results Highlight:

• PADINI’s continued expansion of its distribution network with a focus on second or even third tier urban centres has seen a total of 13 Padini Concept Stores and Brands Outlet stores opened in 9MFY16.
• The company enjoys a more streamlined store base with a lower concentration of concession stores in favour of more profitable freestanding stores.
• PADINI managed to drive revenues significantly higher for Q3FY16 to RM342.4 million, representing a year-on-year increase of nearly 20.7% (RM283.6million). 3QFY16 net profit was RM35.1m (+32.1% YoY, +6.2% QoQ), taking 9MFY16 net profit to MYR100.0m (+61.2% YoY). 3QFY16’s stronger YoY bottomline was mainly driven by:
  
  
  • CNY shopping
  • Additional contributions from new outlets
  • Aggressive promotions (i.e. 4-day special sales)
  • Wider selection of merchandise with attractive pricing
    
    
• Against increase in revenues, operating expenses rose only a relatively low 8.4% YoY.
  
  

Valuation:


In my opinion, fair value of PADINI range from 2.7 to 2.9. Uncertainty risk of fair value is from MEDIUM to LOW.

Going Forward:
For FY16, Padini has so far opened 9 outlets (3 Padini Concept Stores + 6 Brands Outlet stores; since July 2015) with another 5 more outlets to be opened in 2HFY16. Elsewhere, earnings in 3QFY16 is estimated to be comparable with 2QFY16’s due to the Chinese New Year festive buying in 3QFY16 but earnings would subsequently ease off in 4QFY16 as the quarter’s sales have always been seasonally slower.
In my opinion, PADINI’s current valuation is still attractive. Its high dividend yield help cushion market dips. I still cautious on Padini’s near-term earnings outlook due to risks of lower margins and great economic pressure. I will continue to hold and accumulate this stock.
At the time of writing, I owned shares of PADINI.

icy97

巴迪尼控股
3利好推动营业额

2016年7月16日

分析：马银行投行
目标价：2.30令吉

最新进展

巴迪尼控股（PADINI，7052，主板消费产品股）乐观看待在持续的宣传攻势下，今财年末季能取得销售增长。

另外，随着2016财年新增14家新分店后，展望未来，该公司计划在2017财年再增设至少4家新分店。

行家建议

我们今财年全年的财测，意味着巴迪尼控股末季的净利预计为3200万令吉，同时，估计营业额将由3大因素推动，分别为（i）新店的盈利贡献、（ii）积极的宣传策略，以及（iii）价格低廉的商品。

不过，相信销售将按季下跌，因4月和5月的季节性疲弱，加上开斋节前的购物季节只有一个月。

我们认为，该公司目前以2016年的12倍本益比水平交易，估值合理，因短期内行业竞争激烈和消费者低迷情绪，盈利面临艰巨的挑战，但股价下跌空间有受限。

在等待下月业绩出炉之际，暂维持今明后财年的财测不变，同时保持“守住”投资评级和2.30令吉的目标价。



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