Franklin Resources is patiently absorbing all impatient sellers at the lower RM1.60 zone. And they will sell out when nearing RM1.70. such petty amounts considering its a institutional fund *facepalm*
hmm... i dun think so. previous trend they like to collect at lower 1.60 and sell off at around 1.70. wait few days later then their transaction will be announced should they be the one behind the movement this week.
Went to old town cafe chain, really nothing special on their food, despite high pricing Its old town instant coffee packaging also bad in design, no attraction at all.
everydaysfri - your survey is from the your personal preference as consumer. can you backup ur statement with figures instead? if you would argue tat profit margin is dropping due to escalating operating expenses and high marketing and advertising expenditure, or GST reducing consumer spending sentiment, then I would still look into your argument.
Buy!? Sell or short lah !...Gloves are seriously over-valued from 22x for Top Glove to 33x for Hartelga...sheer madness! Global giants eg Ansell, Semperit AG are only on low teens P/Es. Industry fundamentals and valuation are ultra-peak...only way is downward adjustment. Gloves valuation should not be more than teen P/Es.
gloves are overated as ANALyst oni keep bragging about strong USD favours export market and low commodities cost, hence profit margin forecasted to improve. probably wanna jack up the price so their fund managers can dispose their chunk of it. when they wanna buy back at lower price, they will issue SELL calls for watsoever reason. there, even this counter also has the first sell call ever.
stop for sometime. Should reactivate when price is low like now. Perhaps Oldtown should consider rewarding shareholders 1 for 40 share dividend to generate interest.
People are looking for elsewhere for coffees since there are many coffees cafe and chains that's offer better atmosphere and quality coffees and dining experience than OT.
No one will patronise OT for it pricey local delicacies and hawker's food where you can get the real hawker's food at it own cocoon.
They only relied on China big market for it OT Coffees/Tea beverages and lately many Ipoh based beverage company that offer better aroma white coffees ways better than OT.
Guess the stocks price already reflected that and if OT wanna gain back the popularity and higher share pricing, it need better image makeover,campaigning and marketing strategy to flag off it competitors. Even Poweroot's share price is more stable and on the same industry.
@ktsk88, lets hope the management are strategizing some recovery plan to improve both the sales... and also the profit margin. if EPS not convincing, share price how to go up?
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....
skyz
1,650 posts
Posted by skyz > 2015-07-09 09:31 | Report Abuse
its one month since the last comment. just a simple msg to break the silence. hows everyone? :p