RHBInvest Research Highlights 18th February 2010
Top Story: Amway
• Favourable Outlook
• Membership expected to grow at 2% p.a. for FY10-11.
• Four new retail stores in 2010.
• Imported costs to benefit from a weakening US$.
• Expect to continue its net dividend payout of 90-95%.
Short-Term Trading Idea: Dialog
• Strategy: Bargain Buy for a chart breakout of RM1.06.
• Immediate Target at RM1.06.
• Immediate Support at RM0.96.
• Exit: Cut loss if it falls below the 10-day moving average near RM1.00.
RHB Equity 360° - 18 February 2010 (Amway; Technical: Dialog)
1 comment:
Hope someone from rhbinvest can elaborate further on raising the eligibility of credit cards and shortening the repayment period of HP financing.
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Miami Florida Real Estate Attorney
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