By looking at the transaction pattern, it was caused by disposal of treasury shares from the company, I guess today sold 1-1.2 mil, another 579k-779k to go.
Hi Kee, crude oil price will surely affect certain industries & currency. But it will have minimum effect over Oldtown. In fact, weak RM is positive to old town.
I choose oldtown (consumer stock) because it is resilient & defensive, leading brand in niche segment, decent dividend payout & bright future.
Also, it won't be affected politically & economically so much compared to other politically linked stocks.
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....
moneySIFU
5,862 posts
Posted by moneySIFU > 2017-05-02 10:45 | Report Abuse
If Oldtown maintain its momentum of growth, it will achieve RM4.50 in 2 years time.
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Apollo Ang when 4.50??? another 5 or 10 years?
02/05/2017 01:40