Billy Looi's comment on AMWAY. All Comments

Billy Looi
1 Like · Reply
wow good dividend ! business is just back to pre covid level. normalised business revenues.
Billy Looi
Amway Business :
1. slower turnover of business m, back to pre covid level.
2. tax of extra 10mil to be paid which due to certain items not deductible.
3. Current cash level can easily cover all the current liabilities.

So I don't really see why the huge sell down ? if just read title headline yes be afraid, but if study the report. You will see clearly. It's inventories turnover and income tax that affect. That's all
Show more
Like · 17 hours · translate