July 14, 2011

Padini rated a 'buy', stock jumps

Stock Name: PADINI
Company Name: PADINI HOLDINGS BHD
Research House: MAYBANKPrice Call: BUYTarget Price: 1.30



Padini Holdings Bhd, a Malaysian garment market and retailer, rose 1.9 per cent in Kuala Lumpur trading after being rated a new "buy" at Maybank Investment Bank Bhd with a share estimate of RM1.30.

The stock climbed to RM1.07, set for its highest close since July 8. -- Bloomberg

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