Their strategy have problem, they can't event encounter illegal cigarette ... its is OK, but the electronic cigarette .. the others company already launch for years... now only they plan to do so??? I doubt~
Whoever can gain Malay market, usually will win the game, as they are the main ethnic group in Malaysia. Population more than 80% in Malaysia, if Padini have room of improvement altghout now the game is hard as i can see from this few consecutive weekend, I just standing and observe their business more than 5 outlets, they business is not really HOT .. or i can call it slow, and RAYA seem unlikely to boost their sales as well... CLoth are selling at Cheap price, that mean business profit margin are low... yet the business is not meet our expectation.. mean very hurt.. hope the next quarter just don't be too bad.
This counter is very depending on government policy and politic of Malaysia also some other counter they take the business from... they provide business solution mainly in government department. But i believe the CEO WOng Thean Soon is a talented person, he must be able to make MYEG Great again !! Just matter of time.
For this coming quater, I not sure will still have impairment loss or not, anyway... this counter is worth to try !!
TRASH TALKER *Sincere_Analyst* not even dare to put real photo and that why we cannot rspect him and i guest he loss a lot in the stock market. SO his sound and brain keep thinking of negative thing and sound very offensive to everybody. Wakakakak~ We can just ignore this Trash Talker :)
I feel worrisome to our PH Government as well, they seem like never well prepared before announce anything. In good is they willing to tolerate when citizen voice up for change and etc.. bad is they are not really FIRM !!