Bought this counter around mid of June at the price of 0.55 but I have already sold it at 0.80. I think I have sold it a bit too early else I will gain more from this investment.
The reason I bought this counter is it’s earning keep growing, debt becomes lesser (more cash), start giving out attractive dividend consistently and it is a MLM company (In my humble opinion, MLM is a very good business model).
Actually I planned to keep this counter for long time or until it rise more than RM1.20 the I will sell it. But don’t know why I sold it at RM0.80+. Maybe due to reason seeing friends around keep buying and selling stocks recently. Hmm… I should be more discipline next time.
Well, for now. I think I will wait and see if I have any chance to buy this counter again at around September if it goes below 0.80. Never chase for high or low… Never catch the falling knife!
The next quarter financial report should be at the end of October this year.
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