PADINI – The worst is over. A stock with high yield & high ROIC.

13 September 2020|

Padini has grown to become one of the country’s prominent fashion companies, with two multi-brand labels carrying its own brands – Padini Concept Store with eight brands (Padini, Seed, Padini Authentics, PDI, P&Co, Miki, Vincci and Vincci Accessories) and Brands Outlet. In total, Padini has over 140 stores in Malaysia and multiple markets around the [...]

Sloan Ratio – Analyzing Accruals to Pick Winners

8 March 2017|

Under generally accepted accounting principles (GAAP), the definition of earnings is the change in owner equity plus dividends (if any). Earnings are shown on the company’s income statement, which is nothing more than a measurement of the change between balance sheet items. As legendary value investor Ben Graham wrote in his equally-legendary investment book Security [...]