Posted by Investeye > 2014-08-14 18:05 | Report Abuse

Here are some news:
Jul'14 : Oldtown Bhd has incorporated a wholly foreign-owned enterprise Shenzen OldTown White Coffee Trading Co Ltd
Jun'14: Signed master licensee with PT Oldtown Indonesia to strengthen its presence in Indonesia
May'14: Oldtown Bhd has executed a master license agreement with OTK (Australia) Sdn Bhd and Leong Kwan Yew to expand into the Australian market

The only strange thing was : Suppose Oldtown Old Town had acquired a 70 per cent stake in Hong Kong’s Advanced City Ltd on Apr 2013 as a stepping stone to expand in China but last month it incorporated Shenzen OldTown White Coffee Trading Co Ltd?

Anyway, US Franklin Resources keep buying Oldtown share from 5.76% (20th May) to 7.35% (8th Aug).. So at share below rm2.00 is an attactive buy for mid/long term.

Posted by Investeye > 2014-08-14 20:57 | Report Abuse

Finally OldTown started it share buy back and hopefully I just enter at the right time.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1710741

Posted by Investeye > 2014-08-15 09:09 | Report Abuse

Oldtown was just opened a outlet at Cameron Square...i think it should receive well by visitors...hot oldtown white coffee in cold weather...mmm

Posted by skyz > 2014-08-15 11:30 | Report Abuse

most of the time people just focus on the outlets, try focusing on the expanding export market. the FMCG growth is very aggressive, especially in China

Posted by sohofelix > 2014-08-15 11:58 | Report Abuse

Agree. Plus kopitiam outlet boost its own coffee powder. Now already 243 outlet. early year was just about 210.

Posted by AhHuat50 > 2014-08-15 13:28 | Report Abuse

Hold your seat belt tight and waiting it to fly high

Posted by hw0706 > 2014-08-15 13:31 | Report Abuse

if buy oldtown than better buy BJFood also

Posted by AhHuat50 > 2014-08-15 14:00 | Report Abuse

Nope. because BJFOOD's price is quite high already n good news have been released. Plus, oldtown price havent move much yet. So can accumulate some waiting it to go up since the Franklin Resources Inc. had bought quite a lot recently.

Posted by KWTAN > 2014-08-18 12:44 | Report Abuse

its gonna be a bad quater report i think. if not it wont drop without any reason. 2 more weeks, wait for the quater report

Posted by Gekko > 2014-08-18 13:16 | Report Abuse

a bad quarter report causing the drop in price? how low will it go?

Posted by William > 2014-08-18 14:50 | Report Abuse

I dun think is bad Q report... Coz Pwrot also drop at the same time...

Posted by happ12 > 2014-08-18 22:51 | Report Abuse

retest a few times...waiting up ...pls somebody jet it up

Posted by Lester Teow > 2014-08-19 08:12 | Report Abuse

share buy back..if not..

Posted by skyz > 2014-08-19 13:00 | Report Abuse

AGM 10 Sept

Posted by stanleysew > 2014-08-20 16:28 | Report Abuse

everyone ready for shopping .....

Posted by skyz > 2014-08-21 16:45 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2014/08/21/Oldtown-plans-expansion-It-targets-to-open-up-to-27-cafes-in-four-countries/

Has anyone received the annual report already?

Posted by Investeye > 2014-08-21 17:47 | Report Abuse

See positive sign for Oldtown....cheer with Oldtown White Coffee!

Posted by LIAUSAN > 2014-08-22 17:35 | Report Abuse

Share buy back*

Posted by mbge7clt > 2014-08-24 23:01 | Report Abuse

Franklin start to sell their stake..

Posted by happ12 > 2014-08-26 20:31 | Report Abuse

OMG...what happen...y?y?

Posted by happ12 > 2014-08-26 20:33 | Report Abuse

yes...kick the weak holders 1st..then Francklin what next move?

Posted by FLINV > 2014-08-26 22:21 | Report Abuse

Wait 1.90 and buy in.

Posted by jen358 > 2014-08-26 22:49 | Report Abuse

Any1 here can explain, why Franklin seems to acquire at higher price & dispose off at lower price????????????????

Posted by sohofelix > 2014-08-27 13:01 | Report Abuse

Franklin not acquire at higher price since it already own <5% before you see their acquire news

Posted by jen358 > 2014-08-27 17:15 | Report Abuse

ic

Posted by IVAN2222 > 2014-08-27 19:38 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1722993

Posted by IVAN2222 > 2014-08-27 19:38 | Report Abuse

buy buy buy!!!

Posted by Investeye > 2014-08-27 19:45 | Report Abuse

Result quite similar with last quarter, revenue up little / profit down little / NTA up little.
So, in general the share performance is depend on company direction and prospect.
I think it is still positive, price should up as the recent price was down from rm2.20

Posted by Investeye > 2014-08-27 20:32 | Report Abuse

Another share buy back on 27th Aug about 100 lots between rm 2.05~2.06

Posted by mbge7clt > 2014-08-27 20:50 | Report Abuse

franklin disposing again

Posted by Investeye > 2014-08-27 22:27 | Report Abuse

It was on 25th August, need follow up whether Franklin is still disposing the share.

Posted by skyz > 2014-08-27 23:04 | Report Abuse

luckily managed to maintain EPS in the latest qtr report. many other companies are showing lesser earnings, if not loss. rest assured dear investors of OTB, we will journey to recovery very soon :)

Posted by cfoong > 2014-08-27 23:38 | Report Abuse

In view of the recent increase in cost of doing bisnes, Old Town performance is satisfactory.

Posted by Investeye > 2014-08-28 10:14 | Report Abuse

Source: Maybank Research - 28 Aug 2014
We continue to expect top-line growth of F&B to be supported by store openings but margins are likely to remain weak due to ongoing renovation works. We expect decent FMCG sales growth as OTB continues on its expansion plans, particularly in HK/China. To recap, OTB had recently appointed new distributors both in local and overseas markets. We view this positively as this will allow for higher penetration and in turn expedite growth of the FMCG arm.

We lowered our earnings forecasts by 10/14% for FY15/16 on higher cost assumptions and on factoring in our estimated GST impact from Apr 2015. Correspondingly, our TP is lowered to MYR2.40 (from MYR2.67) on an unchanged 21x FY15 PER.

Posted by Investeye > 2014-08-28 10:17 | Report Abuse

Not so good comment from Kenanga.

Valuation Correspondingly, our Target Price was toned down to RM1.90 from RM2.25 following the earnings cut. We peg the stock with higher PER of 17.1x (from 16.7x) against the revised FY15 EPS of 11.1 sen as the mean inched higher following the share price movement. The valuation is still unchanged at +0.5 SD of its 2-year mean PER.

Posted by keanpoh > 2014-08-28 10:52 | Report Abuse

Looks like consumer spending in Malaysia is getting weaker these days, despite the surge in the latest GDP reported. Most consumer products based businesses such as OLDTOWN, PWROOT and PADINI are not doing well in the past 2 - 3 quarters.

Posted by Investeye > 2014-08-28 11:18 | Report Abuse

Source: Hong Leong Investment Bank Research - 28 Aug 2014
Maintain HOLD with unchanged TP of RM2.29 based on unchanged 17x P/E on FY15 EPS.

Posted by skyz > 2014-08-28 15:39 | Report Abuse

i agree that consumer spending has decreased lately. i am following both OLDTOWN and PADINI, their revenue has increased. only the profit margin dropped. this could probably due to higher operation costs like rental, utilities and more aggressive marketing campaigns. lets just hope the management will steer back the cost control measures in the next qtr.

Posted by Investeye > 2014-08-28 22:17 | Report Abuse

As I entered at rm1.99 , no worry, still confident and wait for better result on next quarter report.

Posted by Lester Teow > 2014-08-29 08:18 | Report Abuse

share buy back occupy half of total volume..

Posted by KWTAN > 2014-08-29 08:56 | Report Abuse

tauke buy back like no tomorrow, something is cooking

Posted by cfoong > 2014-09-02 13:53 | Report Abuse

Foresee its P&L will be stagnant for at least 4 to 6 qtrs..esp looking at the increase of the raw materials prices (coffee), coming GST and recently poor response of its F&B in China... temporarily quit from OLD Town...but suerely i will be bak to it in one day.. see u again..

Posted by skyz > 2014-09-02 23:06 | Report Abuse

Treasury share buy back latest figure, nearly 5mil shares. O.O

Posted by eftee > 2014-09-02 23:32 | Report Abuse

Just checked this Franklin Res has been disposing since Aug 20 - no one else. Tmrow i am going to buy back more. Anything below 2.20

Posted by skyz > 2014-09-03 08:36 | Report Abuse

Franklin Resources is a substantial shareholder. that's why only their transaction is announced. though i look it positively for a share buy back, do not expect something is cooking immediately as it can be deemed as insider trading (correct me if I'm wrong)

Posted by eftee > 2014-09-03 10:10 | Report Abuse

Anything below 2 I will still buy more

Posted by eftee > 2014-09-03 11:46 | Report Abuse

Seems like I am only one buying other than company buying back themselves

Posted by eftee > 2014-09-03 17:31 | Report Abuse

So low volume. I asked for a bit lower no takers. What happened to Franklin? Can tell them to sell more

Posted by pschee > 2014-09-03 23:44 | Report Abuse

Franklin starts to run. No confident?

Posted by eftee > 2014-09-04 14:22 | Report Abuse

I checked back they bought a lot in July and started selling in August. So far 3 million over