RHB Research

Amway - Ceasing Coverage

kiasutrader
Publish date: Mon, 21 Jul 2014, 12:43 PM

We are ceasing coverage on  Amway  due  to resource reallocation. As a result,  we  are  reclassifying  our  recommendation  to  NOT  RATED  from Neutral.

Ceasing  Coverage.  We  are  discontinuing  our  coverage  on  the  stock and  changing our call  to NOT RATED  from Neutral. Our previous FV  of RM11.80 was based on a DDM approach. 

 

 

 

 

 

 

Source: RHB

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