all of u ppl are Amway distributers ? I was 6 yrs back when share was at RM 6+ each year up RM 1 and divent was abt 7 pct . This year it was up rm 3 and then fell back to RM 2 gains. Exceptional perf !
Looking at the way Amway is progressing, it should exceed RM800m this year. First quarterly already touch RM203m and with inflation on the rise many people would opt to join this company as a part-time business for some extra cash, given the good track record.
i think so.....Nov 20 is cutoff ...but div is rm 100 over 12500 .Its less than 1 pct ...U need to hold another 3 mths.... rm 350 div...n maybe share = 13.50 -rm14....
wait for upcoming divident == rm 300 plus per its record....that may shake up its share price,,,,,this year, if they sustain their track record, share price is RM 13.30-13 50 , abt 10 pct upsides only....difficult for this company to perform now......i had this share when it was rm 6 only, a few yrs back. I was a Amway distributer then, Good company but Malaysia market is just a small one...
Now working towards it., Margin has not eroded., Asset light unit., Retaining Earnings Improving. Bad Point low liquidity..... Really must bring fishing rod and wait to fish...,
I think the management got to conduct some corporate exercises to improve the liquidity like bonus issues and stock split in order to generate more interest from investors.........
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....
reachabbler
256 posts
Posted by reachabbler > 2012-10-09 12:33 | Report Abuse
UP UP UP :)