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i still dont get..it is almost a nonsense for me..no matter how bad it is now surely at the end they will lift the mco out, wont they? at that time surely the price will start to shoot up..if that will be the case then why people dont start to think now is the good time to buy? given the excellent previous records of padini... people seem like they are acting against their own logic to me..
Hi Mohd Razif, allow me to voice out my opinion, first of all, even when MCO gradually lifts off, many ppl are still suffering from jobless, and we all need some time to recover back to pre-covid lifestyle, as you know Padini is more towards budget fashions, hence B40 group are the one that is most suffered from this MCO. Furthermore, there are plenty other stocks to buy instead of padini, such as tech stocks, therefore, there is no reason for ppl to rush in to grab Padini shares for now.