KLSE (MYR): PADINI (7052)
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Last Price
3.54
Today's Change
0.00 (0.00%)
Day's Change
3.53 - 3.55
Trading Volume
40,500
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8,725 comment(s). Last comment by HafizAjiad98 1 day ago
Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ > 2023-08-25 21:13 | Report Abuse
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2024-11-07
dragon328
2,558 posts
Posted by dragon328 > 2023-06-20 08:54 | Report Abuse
Padini growth prospects will be at overseas markets after it strengthens its market share in Malaysia with a total of 133 stores here. In comparison, it only has 5 stores in Thailand and 4 in Cambodia. The growth potential in Thailand and Cambodia is tremendous given the huge population there. But retails clothing business in Thailand is highly competitive, so Padini is still trying to figure out how to penetrate this market before it embarks on larger scale of expansion there.
Comparatively, Cambodia is less competitive and offers more room for Padini to expand. Vietnam will be another country for possible expansion for Padini.