In Bursa, companies do not grow their profits as expected. Instead they grow their number of shares via ESOS, Right issues, PP, warrant exercise. More dilution for the little man compared to sharks.
Congrats to those still maintain buy and hold this stock. Despite of pandemic covid-19 for these 2 years that whole Malaysia sekejap buka kedai, sekejap tutup because of lock down. Despite all of this, The Body Shop still able to maintain their 79 outlets in Malaysia & 39 outlets in Vietnam. Great isn't it?
Plus surprisingly, The Body Shop which before pandemic Covi19 was heavily rely on outlets revenue but in these 2 years they still able to get good cash flow (RM21.70m & RM32.29) and good cash from operating activities (RM22.94m & RM36.56m).
Just imageine, Malaysia reopening border is just around the corner with tourist, festive seasons... ofcourse their sales and revenue will be more than last 2 years.
Innature also have 273,000 loyal customer you know because this The Body Shop has operating almost 40 years old. The brand is quite strong to because they still make money even though pandemic, inflation, lock down.
This is a good company since it has minimal exposure to technology and commodity. Even in economic recession, people still buy their products from MLMs.
InNature, a main market listed company since 2020, is a leading regional retailer of cosmetics and personal care products carrying The Body Shop (TBS) and Natura brands. We gather that InNature is one of the few companies in Malaysia that received an ESG accreditation from B Corporations, a global independent ESG auditing firm.
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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....
aa1234
154 posts
Posted by aa1234 > 2022-01-04 17:36 | Report Abuse
Hellooo!!!