Invest Made Easy
Value Stock Pick - 24 August 2020: AMWAY (6351)
Shane My
Publish date: Sun, 23 Aug 2020, 11:13 PM
Shane My
0 271
Like many of us, we seek for financial security and ultimately financial freedom. This blog is intended to act as a journal of investment as I journey towards that dream. At the same time, I hope that the articles written here would also benefit many others who share the same vision as me.
AMWAY 2nd Quarter Result announced on the 19th of August 2020 with higher than expected Earnings.
There is also a technical reversal from downtrend to uptrend for AMWAY which closed at RM4.93 last Friday.
In the upcoming next 3 months right up till the next 3rd quarter earning release, we are looking at the following potential AMWAY share price scenario:
Worst Case Target Price: RM4.84
Average Case Target Price: RM6.00
Best Case Target Price: RM8.40
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