8wpwtmt8Sorry, can't tell the target price. Let analysts forecast the target price after the 3rd quarter results is announced this Friday 31 March 2017. I just hope that it can continue to rise above RM3.25.
星洲日报‧财经‧2017.03.23 =================================================================== HAIO (7668) products consist of low-cost products, and its direct sales continue to expand, profit is better than peers, analysts optimistic about the company's upcoming third quarter results, a substantial increase in financial and target price.
Affin Hwang Research pointed out that the number of HAIO direct sales and sales higher. The investment bank raised 2018 and 2019 fiscal, 9% and 19% respectively.
Affin Hwang Research further explained that the company has up to 70% of the turnover contributed from small commodities, while its multi-level management (MLM) also increased by 3,000 to 5,000 people per month.
At present, its distributors have exceeded 10 million people, most of them are females.
Contrast the pre-tax earning of about 3% to 8%, HAIO earns up to 15 to 20% before tax.
Although the size of the Malaysian direct sales market has increased from RM9.72 billion in 2010 to RM17.33 billion, the total number of distributors has decreased from 399 in 2012 to 253 in 2015, demonstrating that this area continues integration. The bank believes that HAIO with brand awareness, in this wave of integration in a favorable position.
Comprehensive above, Affin Hwang gave HAIO "buy" rating, with a target price of RM5.90 (ex-bonus price of RM3.93).
Results within expectation. Already factored in the share price.
sapurakencanadont you see the revenue increase 30% y to y.even though the public holiday for that quarter is around 8 to 10 days. so we expect higher revenue for the coming quarter.(Feb-April) & hope to get the dividend same as previous year.
gohkimhockthe net profit is 57%. It is far above expectation. A very good performance.
sapurakencanathanks & salute to Mr Tan Kai Hee & his management team. from a seventeen years long term investor
Shawn PhangHai-O's 3Q profit jumps 57% on higher sales http://www.theedgemarkets.com/my/article/hai-os-3q-profit-jumps-57-higher-sales (Share from StockHunter)
Lee007Is good to buy now and foresee there will be good profit for next Q?