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Based on my analysis, minimum wage and subsidies cutting will hamper consumer spending. DIY prices aren't competitive anymore and you can see the traffic in most branches reduce at least 30%~70% past 3 years. The fair value should be below RM1.00
Doing the same simple job but salary increase from RM1000 to RM1700 since 2018? SME sales down while operation cost increase!! This is effectively addition taxes paid by employers to cover government inefficiency