AMWAY (M) HOLDINGS BHD

KLSE (MYR): AMWAY (6351)

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Last Price

6.93

Today's Change

-0.02 (0.29%)

Day's Change

6.92 - 6.96

Trading Volume

4,400


2 people like this.

272 comment(s). Last comment by Wixson 2024-07-17 16:51

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.

yoyo

495 posts

Posted by yoyo > 2019-10-26 12:31 | Report Abuse

After certain years in doing MLM business in other companies and not successful, now if anyone want to take up MLM business i will suggest them to start with Amway. I would say Amway is straightly MLM business orientated and giving proper training with good quality products. Even if one cannot succeed in Amway at least he would be a better person in doing business, social skill, team buidling.

But the share price of Amway is different story la

Fizoe444

27 posts

Posted by Fizoe444 > 2019-10-31 16:49 | Report Abuse

Y the stock price keep dropping like never end?

Low and lower and continie Loweeerr


JUST 2 QUESTION: WHY? AND WHAT HAPPEN?

MK4872

252 posts

Posted by MK4872 > 2019-11-06 09:43 | Report Abuse

With aggressive promotions and reward plan....it will cost the company money but in the long run, it will still make money.

yoyo, you are right....i too embark in doing Amway in 1997 during the Asia Financial Crisis, dont make a lot but still can survive.

Posted by padiwong > 2019-11-20 21:15 | Report Abuse

no eye see

Posted by DingDingShoot > 2019-11-21 10:23 | Report Abuse

I earn 12cent frm tht short rebound frm rm5.60. Sold all shares d.

1.
Amway Still in Long DOWNTREND, they Lose ALOT MARKET SHARES to many ermerging Competitors.

Each competitors targeting their Top20 best sales products, exactly similar quality with cheaper price. Amway fight back by cutting profit margin n reward plan, eat up profit margin, u can see effects from future coming Q reports.


2.
Competitors commision structure more attractive, attracting alot talents even from Amway (many amway agents representing competitor agent secretly, open secret).


3.
Amway profit DOWN but still pay same dividend, this will END UP MORE DOWN in Shares Price FURTHER..Expected!

ethan

60 posts

Posted by ethan > 2019-11-21 11:52 | Report Abuse

1. This is truth, but then you can see that the amway marketing plan at least can sustain. Competition is fierce , but AMWAY brand name and reputation also strong.

2. Agree. But what is the payout ratio ? to pay more to agent, it mean more scarification on either OPEX or the product costing. Other can give more , likely in binary or trinary, matrix plan because of no future consideration on sustainable business model.

3. In order to pay dividend, need to analyze from the cash flow statement part . profit down does not mean company generate less cash for dividend. It is somehow related , but not exactly. Many company in paper lost, but still able to give good dividend due to strong cash flow, particularly from cash flow generated from the operation.

Well finally, share price may up and down due to sentiment, but eventually it will track on company financial performance for long run, which if Amway not able to generate more profit and keep it MLM market share, the share price will be keeping in depress mode until there is big turnaround happen.

Posted by zakaria444 > 2019-11-21 14:51 | Report Abuse

Amway (Malaysia) Holdings Bhd:

* QTRLY REVENUE 235.1 MILLION RGT; QTRLY NET PROFIT 10.6 MILLION RGT

* A THIRD SINGLE TIER INTERIM DIVIDEND OF 5.0 SEN NET PER SHARE HAS BEEN DECLARED

* YEAR AGO QTRLY NET PROFIT 17.1 MILLION RGT, REVENUE 260.2 MILLION RGT

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2019-11-25 09:36 | Report Abuse

Amway profit down, chances for Hai O profit to improve in the coming quarter Oct? = 1%. Anyway, price may be pushed up before results announcement as like recent quarter.

5566max

54 posts

Posted by 5566max > 2019-12-05 02:13 | Report Abuse

“Amway” 安利的一生.......有兴趣者可以Google随心投资路

DickyMe

14,856 posts

Posted by DickyMe > 2020-01-15 17:26 |

Post removed.Why?

Larrytrader

1,453 posts

Posted by Larrytrader > 2020-01-15 17:51 | Report Abuse

How you know?

freddiehero

16,722 posts

Posted by freddiehero > 2020-01-15 18:16 | Report Abuse

tat style dickym

ivanlau

1,383 posts

Posted by ivanlau > 2020-02-06 22:51 | Report Abuse

" first day sifu " stock pick ...... now all the member " on board " ....... kena trap

Posted by factorrumour > 2020-02-06 22:53 | Report Abuse

holan stock, next bat

RainT

8,448 posts

Posted by RainT > 2020-02-19 18:51 | Report Abuse

make loss then still pay dividend so means company borrow money to pay dividend

MK4872

252 posts

Posted by MK4872 > 2020-03-11 15:25 | Report Abuse

Dicky.....you had choose the right name for yourself...you are really a Dickhead....Delisting? Pls share with us your dicky knowledge how this company can get delisted? Any need to go for capital reduction? Any gearing ratio? Net current liability? How?

RainT, if you would take the time to read 2 page in their Annual Report or even their quarterly report and see any of these words like Hire Purchase, Overdraft or Term Loan....pls let me know cos i could not find them at all in the Annual Report for the past 20 years. The only new item in the report is Lease Liability which arise out of accounting standard MFRS 16 and not due to actual borrowings....finance cost here is the unwinding of the impact of the accounting standard..it was not due to any borrowings at all. The gearing of this company is NIL.

Dividend was paid out of their profit...as as 31 Dec 2019.....YTD PAT is RM51.5m.

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-03-17 10:14 | Report Abuse

TP PE=12.

Posted by gooddaymate > 2020-03-18 13:28 | Report Abuse

good day mate, amway? hmmm....crikey

Posted by gooddaymate > 2020-03-19 13:54 | Report Abuse

crikey

Posted by gooddaymate > 2020-03-20 11:49 | Report Abuse

crikey

Posted by gooddaymate > 2020-03-23 12:53 | Report Abuse

yikessssssssssssss

Posted by EatCoconutCanWin > 2020-04-05 18:56 | Report Abuse

Amway potential to develop covid19 vitamin supplement waiting approval from WHO.

Lyo82

396 posts

Posted by Lyo82 > 2020-04-06 09:30 | Report Abuse

Long life Amway..

offshore

327 posts

Posted by offshore > 2020-04-07 23:51 | Report Abuse

With this covid19, this company should benefit but not sure if they have enough stock to sell and able to deliver to customers quickly.

Posted by enigmatic ¯\_(ツ)_/¯ > 2020-04-09 22:04 | Report Abuse

impossible to benefit when direct sales is impacted by MCO.
without Amway agents going to meet clients, how to generate more sales?
Amway still seems like a good company though

Posted by mwatcher123 > 2020-04-17 11:24 | Report Abuse

With MCO, social distancing and all that, dividends are likely to be scrapped. A fair share price should be RM3.00

marvo88

12 posts

Posted by marvo88 > 2020-05-16 12:03 | Report Abuse

this stock is really holland liao

Hafid

1,135 posts

Posted by Hafid > 2020-05-17 12:07 | Report Abuse

Amway still expensive

sheldon

1,420 posts

Posted by sheldon > 2020-05-29 05:45 | Report Abuse

The silver lining is that with many being unemployed, more may join as agents.

sheldon

1,420 posts

Posted by sheldon > 2020-05-29 06:00 | Report Abuse

As shareholders, we want to be able to assess the impact of exchange rate movements on the bottom line. There have been instances where the MYR had appreciated significantly & I'm jumping for joy. Turned out that they had to some degree hedged the exposure.

I asked several AGMs ago about its hedging policy. The board was reticent in its response. Then I realised why - they probably practiced transfer pricing.

DickyMe

14,856 posts

Posted by DickyMe > 2020-06-23 16:40 | Report Abuse

Already lost more than 50% market value from the high. The suckers who bought above RM10 would pretend that they are happy with pittance dividend.

mf

29,034 posts

Posted by mf > 2020-06-25 21:51 |

Post removed.Why?

Posted by indexnoobie123 > 2020-06-30 11:00 | Report Abuse

hahahaha

ivanlau

1,383 posts

Posted by ivanlau > 2020-07-04 20:32 | Report Abuse

the name of " amway " just let us feel like " old uncle or aunty " business ..... " direct sell " concept no more working for the young people , they tend to do on line shopping .... but definitely not on line shopping amway products......

sheldon

1,420 posts

Posted by sheldon > 2020-07-09 10:06 | Report Abuse

Some information that I gathered at the recent AGM:

a) Business shifted from 30% to 100% on-line

b) Great surge in demand for health supplements & air-purifying equipment (due to COVID)

c) Impairment of goodwill RM1.5m relate to Brunei operations. Due to measures put in, the Brunei business is turning around

d) FX is fixed with HQ - Favorable for the financial year. Negotiated yearly based on past year's average.

e) Co acting on unauthorised selling of Amway products - on the basis that it cannot guarantee the legitimacy of the products.

f) Management intends to make it "10X easier" for ABOs to acquire customers

MaYun

264 posts

Posted by MaYun > 2020-07-11 11:31 | Report Abuse

The liquidity of this stock is too low.
The best option would be splitting it to 5x, make everyone can buy and once the trading volume improve I think there will be a better chance for her to move much better....
11/07/2020 11:30 AM

Posted by EatCoconutCanWin > 2020-07-23 14:00 | Report Abuse

amway also selling medical..can buy in?

ivanlau

1,383 posts

Posted by ivanlau > 2020-07-31 22:14 | Report Abuse

I am wonder " first day " sifu still have faith to this stock ? hope " first day" will not become " last day " in stock market .............

kai8994

404 posts

Posted by kai8994 > 2020-08-05 10:54 | Report Abuse

Amway is in the midst of transforming into "open retail" model. They would launch Amway Privileged Customer before end of this year. It can be a game changer.

James Ng

2,704 posts

Posted by James Ng > 2020-08-08 10:44 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-08-08-story-h1511592133.jsp
[转贴] [AMWAY MALAYSIA HOLDINGS BHD:不利外汇影响,销售下降和进口成本上升] - James的股票投资James Share Investing

hoot9eonly

516 posts

Posted by hoot9eonly > 2020-08-17 15:38 | Report Abuse

MLM seem still good in the market during MCO time even they dont jio you yamcha....

mamipoko

98 posts

Posted by mamipoko > 2020-08-23 10:37 | Report Abuse

MLM WIN

sheldon

1,420 posts

Posted by sheldon > 2020-08-25 02:47 | Report Abuse

Amway price cannot rise because KWAP & KWSP are selling their holdings in the open market at every opportunity.

It would be better for other shareholders if they do a direct block deal.

ivanlau

1,383 posts

Posted by ivanlau > 2020-09-16 10:14 | Report Abuse

based on my calculation , eps 30 x average pe 15 = rm 4.50 ... my 2 cents advise.

Posted by ThePowerOfGlove > 2020-09-16 10:32 | Report Abuse

.

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-09-24 08:47 | Report Abuse

Believe is on its track to historical low. MT dim but DY may remains high on dropping share price. No idea if China Amway is part of it, local news is not encourage.

offshore

327 posts

Posted by offshore > 2020-10-21 09:05 | Report Abuse

Sales has increased despite all the doom and gloom that agents can't meet client due to social distancing. Based on what i hear from MLM agents, many people are buying immune boosting supplements now. Unfortunately, profit is dented by the exchange rate. Hope the hedged rate will be renegotiated.

offshore

327 posts

Posted by offshore > 2020-11-19 20:35 | Report Abuse

Looks it is possible for this company to hit 1B for FY20. This company has not hit 1B for a long time.

kl_guy

1,570 posts

Posted by kl_guy > 2021-01-11 17:40 | Report Abuse

amway have double top with trend moving lower. time to profit taking. be safe then sorry.

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