$DXN (5318.MY)$
Newton's Third Law: The harder the fall, the stronger the rebound.

I just got this. It's a health food business so that's a good sector.
$DXN (5318.MY)$
It's export based, so RM currency appreciation may not be favourable to it at the moment. But it's paying good dividend, not overvalued, has good analyst rating and has good profit margin.
All these indicators tell me it's a good holding for both dividend income and capital gain in the long run.
First time getting into penny stocks as I was inspired by Benny's presentation during Mo...

$DXN (5318.MY)$
The performance once again proves that the scale and direction of the company are moving in a positive direction. Although many people are not optimistic about direct selling companies, they have no choice but to admit that it has also surprised many people. Cash, profit, and dividends have all increased. There is no reason to not invest anymore. It is rumored that the Brazilian market is booming and very popular locally, and it will definitely contribute to the company's profits in the future. The new CEO of the company is an American who is very familiar with the local market and has been with the company for many years. He is very confident that he can lead the company to become stronger and more successful!

$DXN (5318.MY)$ 👀

$DXN (5318.MY)$
The major shareholder and boss DATUK LIM SIOW JIN, aged 63 this year, is the founder of DXN Group, with 25 years of direct selling industry experience. He is famous worldwide for his Reishi coffee and in 2024, ranked 40th on the list of Malaysia's wealthiest individuals with 525 million. DXN Group was listed on the main board of the Malaysian stock market on September 30, 2003, with an IPO price of 0.67. In September 2011, it was privatized through acquisition at 1.75 when the stock price was 1.42, at a 23% premium. The boss generously gave back to all shareholders, truly deserving everyone's praise! This also proves the boss's ethics and conscience, especially considering the many incidents in the stock market of privatization and ruthless listed companies.
On May 19, 2023, relisted, the boss said the main purpose was to enhance the company's image. Many may think the boss sounds noble, as 99% of companies go public mainly for fundraising, debt repayment, and business expansion. But when I discovered that the company has nearly 500 million in net cash, I realized how shallow my view was. Dexin Holdings is indeed a cash cow company. There is no need for fundraising or debt repayment rhetoric, instead, they generously distribute dividends every quarter.
Health product direct sales has always been an indispensable supplement for everyone, after all, there is nothing more important than one's health. However, many direct sales companies specializing in health products are listed, among them famous direct selling peers include AMWAY, Hai-O Beshom, Zhulian, and more. But in terms of revenue and net profit, Texchem Holdings...

$DXN (5318.MY)$
Previously surged to 0.70, then pulled back to 0.63..
Is it a chance or a disaster ?
I believe 0.63 is a good starting point for accumulating... After all, there is no bad news. The recent pullback in the stock price is due to the overall situation. July will definitely see a resurgence.