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RM1.20 is an attractive price point from value investing perspective. On the other hand, I noticed Padini's clothes recently raised prices but quality isn't as great as before. Not sure other customers continue to buy Padini or not, with many online alternatives.
Share price looking attractive but absolutely true that online alternatives are fast emerging. This stock used to be > 3 but seems to be heading towards penny stock price range as consumer confidence and consumption demand deteriorating.
