oldtown fair value is only 1.60+ , price was jacked up by the Bermuda based hedge fund, congrats to those that sold above 2.00, those that bought at this price, you are a loooooong term shareholder or a potential cut-loss kaki members hehehe
continue to like Oldtown’s exciting growth prospects, supported by potentially major developments next year. We are reiterating our BUY recommendation on the stock, with a revised fair value of RM2.00, as we roll over our valuation to 13x FY13 EPS. Our fair value implies a potential return of 19.4% (including prospective dividend yield).
Ha ha ha Bro YUZUKI you are wrong, those bought at RM 2.00 only have to wait for THREE days only and now onward they may make some duit kopi. He he he.
If unable break record high by tomorrow.I decided to reduce my hold position to take profit.My target price met on RM2.Still my taste of "single origin"from Oldtown,Ipoh.Cheers
Gosh...look at that dip!! Like an edge of a cliff..hope not many jumped from that cliff today....apparently, it was a major sell out just now and the price dropped to the low of 1.96...
"Amongst the 196 cafe outlets, 79 are fully owned cafe outlets, 18 partially owned outlets, 96 franchised and 3 licensed outlets" what do you guys get from this info?
Oldtown broke the 2.05 resistance and closed 10sens higher...gosh few days of 10sens increment everyday, im sure it will stop for awhile for some breathing space...the only thing that fear me if the Monday's trade repeats, able to pressed down price to 1.97 in the middle of a hype..hope tomorrow would be another 10sens gain!
OLDTOWN due to foreign buying interest emerged, worth soared more than 44 percent in four months, analysts are optimistic about the long-term company fundamentals, but I believe that the stock price a substantial lead fundamentals in the foreign latent countercurrent risk exploration potential, the stock material within a short time limit in the 2013 fiscal year earnings ratio of 13 times.
Kcfan, im just worried the hype of uptrend will soon stopped. their daily movement (intraday) charts seems to be violently erratic, managed to push down in a blink of an eye and up again with new high. And their new high now would be 4 -5sens of previous day close but the range would be 10-12sens on average..what kind of game are these ppl playing?
Belum turun daa...KC, Pending Resistance at Overbought Position. Currently TEST HIGH are at TEST1: 2.57, TEST2: 2.58, TEST3: Belum lagi, lets see what is going on with OTOWN Vol. this eve if 2.58 is their Highest Test. In my opinion, i dont think it resist at 2.58, Nice Chart & nice white coffee anyway! ha ha
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
messiBarca
598 posts
Posted by messiBarca > 2012-07-16 15:04 | Report Abuse
break rm2 toward 2.2 hooray