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