For me, MLM business is a very good business model.
The more member you have, the more sales channel you have..
Each member is like each store, if have 500k member, the power is like 500k store.
Each store 1 day sell RM10 product, I can have RM5mil revenue d.
As a management, what you need is to source for powerful product. You just bring in the product, design the commission scheme, then you have 500k member sell it for you.
Everyday I surf on facebook saw so many hot selling product, so If I am CNI boss, i will build a purchasing team to source for popular product over the world and let my member sell it.
With the popolarization of internet ecommerce, the MLM business should be more powerful.
Bring in 1 product, do the video or creative art, spend RM10k facebook boost it, then ask 500k member share the post, each member share 10 times, sure this product will be booming.
Currently many companies closed down and many people no job..the easiest and fastest way to get a job is apply as MLM members and start selling products. Even during PKP/MCO also can do direct selling
Unlike M&G, I know what I am looking for, so I have target price for it.
But for CNI, I accumulate it because this is the cheapest MLM counter, and the share price is safe to accumulate.. and I saw got people accumulating as well.. So the shows just start.
2021 is a very special year for CNI. It is their 35 years anniversary, and it also the year for this company to be victory.
35 years is a very important milestone for a company, and it is the time for CNI to reborn from a old fashion traditional MLM company to a new, young, advance online ecommerce MLM company.
Hopefully tomorrow it will enter into Top 10 Active list.
P/S: Although I cannot confirm how high the share price will go (20sen, 30sen...etc), but one things I pretty sure is their business are improving every quarter, their sales has increase, their member are increase.
My sifu "cold eye" told me, when a business is growing, hold tight the share.
CNI is moving towards a new direct sales that converges the advantage of online and offline business. In order to meet this ideal, we are implementing digitalisation in our system, workplace and how we do business – connecting people, process, data and things to provide intelligence and actionable insights to enhance our business outcomes.
We are progressively improving our business operations, processes and activities by leveraging digital technologies and a broader use and context of digitized data, which is then turned into intelligence and actionable knowledge to achieve higher productivity and enhanced customer engagement, especially across the social media platforms.
We see the new direct sales as the road of moving towards the creation of new – digital – revenue streams and offerings. It’s an impressive goal and one which requires change. We are ready, our spirit is ignited and we are united to stride together as a team.
Haiyaaa...up 2.5 cts and next down 3 cts. At least become selling agent for Gloves,Mask or related to pandemic,through online ok larr. Need to change buisness.Now lots of PLC try to do Glove buisness. Directo'rs have not much directions to add value. Agents just sell few things that are mostly out dated and easy to get online. Venture into others related to pandemic lor!!!!!
Hi Cicakman. Why you are so worrying the price up or down. You have how many stocks for CNI. If you don't have, please don't comment or worry too much. Leave the blog, ho boh.
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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....
bulldog
12,157 posts
Posted by bulldog > 2021-01-07 16:45 | Report Abuse
Accumulation in progress
Huat chaiii