Whenever I wan2 buy pillow/bolster/bedding accessories, there are mainly 2 strong players in d shopping malls, i.e. YOCB (Jean perry, novelle...) and Akemi. That's why they are able to sell 1 million pillows annually. In contrast, if i wan2buy clothes, i hv a lot of choices in d shopping malls. But, look at Padini. Can it breach rm3 like padini. They are in 3 major markets, namely msia, Singapore (6million ppl) and Vietnam (100million ppl). Hopefully they can gain more market in Vietnam with rising middle class

This is a well managed company. From 2017 till end of 2023, its net cash grew from rm30+million to rm155million. Every year it generates rm30 million cash flow with minimal capex till Jan it acquired singapore company which is doing very well if u follow their business. U can calculate its intrinsic value based on discounted free cash flow, then u realize how undervalued is this company