MLM does not appeal to many generally. However so long the company can grow consistently and report higher profit, the share price will catch up eventually. Meanwhile just sit down and enjoy the good dividend..
yesterday volume was not good enough to perform super bullish run retracement is expected anyway... uptrend signal is confirmed expect more funds to join in to push up price in short term (provided US market does not experience STEEP correction) 😎
tomorrow is public holiday can foresee today will face selling pressure normal to see retracement it happens to majority counters today confident to see continue uptrend with higher volume 😎
According to Section 7.28.1 of the Prospectus, DXN is facing non-compliances with land use and express conditions on land titles in Kedah and has shut down at least some of its Ganoderma cultivation and processing facilities.
I wonder about the extent to which the fear of Ganoderma in the plantation industry, perhaps we may call it Ganophobia, affects the current share price and future share price prospects of DXN.
last comments to share on this counter: 1. if you are looking for long term investment for good dividend yield counter, you may consider to wait and collect at 0.60-0.62 (currently operators are pressing down the share price) 2. if you are looking for appreciation on share price, you may consider OTHER counters (DXN operators are keen on maintaining the share price below 0.65) 3. LARGE quantity of shares issued, many trust funds involved, share price hardly move (refer to MYEG/DNEX/DSONIC historical movement)
"In addition to establishing production facilities in Bangladesh and Nepal, we are expanding into the promising Brazilian market. With a population of 215 million and a gross domestic product (“GDP”) of US$1.9 trillion, Brazil's market size exceeds that of Peru, Bolivia, and Mexico combined, the top three (3) markets in our existing Latin American region. Given the proximity to our existing market and cultural similarities, we are confident in our ability to grow in Brazil."
I think they will achieve much more than RM80m per quarter soon.
Yes, it’s very likely that it’s 1 cent or more per quarter this year. This is slightly more than a 6% dividend yield at the current price. Coupled with the growing total addressable market, it’s definitely worth holding for the long term.
profit 80mil is a sure thing. But the market seem unwilling to give it a fair price (fair PE). Nowadays the hot topic is DATA CENTRE. If the company takes any action related to the data center at this time, it will definitely attract market attention. LOL
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
TiffanixLVxHermes
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Posted by TiffanixLVxHermes > 2 months ago | Report Abuse
DXN is direct selling
MRDIY is home improvement retailer (like supermarket)
we should compare DXN against AMWAY/BESHOM
DXN was delisted in 2011 because company share price was undervalued
😎