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Trading Idea: Padini 7052

Resources from few securities remain buy on Padini 7052.

Research has upgraded the target price for Padini to be RM1.75 – RM1.85.

According to research, the Padini’s store expansion plan for year 2012 is agreesive, hence Padini should be able to pay higher dividend in the coming quarter.

Current Price RM1.58

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