KLSE (MYR): AMWAY (6351)
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Last Price
7.22
Today's Change
-0.04 (0.55%)
Day's Change
7.22 - 7.35
Trading Volume
16,700
2024-04-23
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2024-04-22
danielleesing
65 posts
Posted by danielleesing > 2019-10-25 18:03 | Report Abuse
Direct marketing firm Amway (Malaysia) Holdings Bhd is in for a good year after it released strong 1H earnings that met consensus estimates, TA Securities says.
Amway's growth will be driven by improving product sales, launch of new products and aggressive promotion, the broker says, adding its robust cash position and operating cash flow may make it an attractive dividend stock.