Just too bad as both oil and US crashed. Net outflow 520 million yesterday 16 Mar. Only good results and high dividend can support its price. May recover once vaccines confirmed and financial crisis does not happen. Cash remains king.
better stay away from this stock, coming result will be horrible due to the impact of covid19, weakening of sales and disruption in supply chain, analysts all downgrade it to 60cents - 80cents , more downside expected
Covid-19 has given Hai-O another golden opportunity to sell its health products tremendously. Next two coming quarters will see its best performance in terms of its profits and turnover. God always be good to those companies taking care of peoples health and this is proven as well like company lkl suddenly surge in orders from all over the world for hospitals beds etc2.
Ai Yo, MLM business on healthcare products lah ! That is home delivery of healthcare products to your home which is promoted by all govts now. Stay at home, please.
Hai-O products are basically for health. MLM is the chain of marketing its product. In desperate times like covid, peoples have no second thought to spend n buy health related products from Hai-O to boost their immunity even though their products might be pricer but money cannot buy health thus generally speaking those who can afforts will go all out to support Hai-O.
Most of their products are not essential so the factories will be closed down due to MCO which has impacted their supply chain tremendously, and at this juncture the sales are not good due to weak purchasing power from the consumers, not going to debate more, let's see the coming result!
On healthcare products to maintain our life now, I choose life. I NO say I got weak purchasing power to purchase healthcare products to keep us healthy !
Haio is very good buy now due to strong fundamental and very cash rich. Moreover the dividend yield easily touches10 % at this price now. Screaming buy now.
That's the interesting part of stock market, each of us possesses different view. It's always hard for a down-trending stock to reverse the trend during a crisis time, believe it or not. At the end the result will tell you the facts.
Hai-O sales will be extraordinary good for as long as this covid-19 epidemic is still around. People care for their lifes got money no use if infected with covid-19 might as well spend more money to increase and improve your immune system by consuming more health related products from Hai-O, right. This is the time to spend unwaveringly especially on health maintenance products. Hai-O ,Hai-O, Hai-O
Haio business for this coming qtr will be extraordinary good as customers will buy more health boosting related products to enhance their physical wellbeing and immunity especially the uncles and aunties plus those middle age community. With forthcoming dividend 3 sen, believes their share price can continue to rise further.
With mco extension and the covid-19 vaccines still no where to be seen HaiO will undoubtedly selling well for all their good health enhancement products. Next qtr until year end 2020/2021 will see another record breaking sales performance for HaiO. TP 4.50 by 2020/2021 .
A lot of HAIO product are import to China. China SAPU all the Product. HAIO product boost up immune system. Meanwhile, HAIO plan to have own HERB research center.
That is why i earlier said HaiO will be outstanding in sales during this Covid-19 pandemic period. HaiO qtrly results for 2020 will see outstanding avhievements as long as vaccines for covid19 still not found. Possibly this good sales will continues till 2021.
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....
freddiehero
16,715 posts
Posted by freddiehero > 2020-03-16 16:41 | Report Abuse
next how low?