I am new to this counter and trying to understand how did the investor do valuation in this counter. I would be highly appreciate if someone able to justify your valuation method and how to obtain the tp. Thanks a million.
As I say I am new and I need to understand before I make my decision. I can't simply buy something because someone told me 'If u trust me this counter will go to RMxxx, go and buy'. Then I go and buy the counter. I need to do my homework and understand the company. I would be appreciate if you are able to let me know what is the basis to evaluate this counter. Thanks
people are curious new thing ,if you have holiday ,you will thinking bring you family go to somewhere new leisure place or mall to have a look and fun ,so komtar this new project... of course will attract many people and tourist ....
Can someone please help what is the PE ratio for this counter.Yes this counter has potential but for investor we need to know whether the price is relatively high to enter now.
noobnnew there are many method valuation method for a stocks,....P/E valuation, EPS. DIVIDEN valuation..etc....but no one valuation is perfectly and precisely suit for all counter.. if you use P/E or to valuation owg you will see it P/E is too high,if you use divine method owg dividen is small,and it's eps have some increase each quarter..but as I mentioned above no one valuation method is totally perfect and correct, owg is potential grow company is not suit use P/E ,DIVIDEN evaluate it value.....so people is buying its potential grow in the future, include komtar and in 2017 genting new project ......
High PE doesn't mean the price is overpriced. Sometimes, we need to see the growth potential. TA and FA everyone knows but each should have own application suits to self.
muscle, I follow my gut feeling and want to get to know d company's biz model and its management's biz ethics better when making my investment decisions. While all d PE, EPS, etc. indicators are important, I tend to value those former attributes more. Some will try to sway others by harping on those indicators to paint a bad picture of a particular stock for their own benefit/gain. Good luck to them as it won't work on me. Haha...
Seem yesterday shaking those unconfident share holders to sell. Anyhow selling point is defined by individual. After owg mgmt rushing for bonus, then new business announcement , then quarterly result, then komtar the top official opening, .......quite a good strategy n planing to expanse n project business growth. Atleast no negative thingy until April 2016. 'Genting 20th century fox theme park' we will see the true colour of this counter.
The GITP expansion in Genting w bring 'explosive' growth potential to OWG. I hv been told recently tht traffic back to KL on d Karak H'way is jammed from d Genting Sempah tunnel ALL THE WAY back to d Gombak Toll on major holiday breaks. Where do u think such traffic is coming from? Pretty sure not from d east coast. This is despite d 20th Century Fox Theme Park is still not ready at d moment. I cannot imagine wat happens once completed. The rest is for u to imagine. With lower Ringgit value, most ppl prefer local holiday destinations with quality attractions. As I wrote here before, ppl (local and esp. foreign tourists alike) tend not to 'sayang' their wallets when they r on holidays enjoying themselves. They play, eat, play, eat and eat and eat and, be happy when done w enjoying themselves.
F&B counter PE only 20 plus but OWG is OMG because PE 40. If profit double, PE = 20 but price remain same. So worth to buy? Unless profit 4x, the price can go 6.xx
CIMB Research, in a strategy report recently said the stock will enjoy a long-awaited multi-year re-rating as investors reward it with higher enterprise value or earnings before interest, tax, depreciation and amortisation (EBITDA) multiple when The Genting Integrated Tourism Plan (GITP) comes onstream and starts to mature.
The research firm said the new shopping mall or podium and additional gaming capacity at GITP will come onstream from the second half of 2016 (2H16) onwards.
"We like OWG for its captive market business model in Genting Highlands and Komtar. This superior long-term economic moat will drive explosive earnings growth over the next few years, in our view, as the new 20th Century Fox theme park and Komtar comes on-stream and matures," said CIMB Research's head equity research Terence Wong in an Oct 9 strategy note.
According to him, OWG's shares could be worth RM8.67 apiece by the end of 2018, premised on its almost "monopolistic" presence in Genting Highlands' food and beverage services, plus the incrementing demand for its attractions, such as Escape Room.
CIMB Research has set a 2020 target price of RM14.66, or about 5.95 times OWG's last traded price.
SO HOW MANY OF YOU OUT THERE BOUGHT THIS COUNTER?? JUST WANT TO KNOW THE FEEDBACK AFTER READING THE REPORTS? I BOUGHT 5,000 UNITS AT 3.06..I THINK 3.06 IS OK.. GUYS MYEG ALREADY EX TODAY, THAT IS ALSO an explosive counter..buy fast on that if have money.. just bought 4,000 units at 2.15
there is a lock in price for this counter..those who bought it one year ago during ipo cannot sell, but must if not mistaken to wait for one year. that one year is already due now.. plus all the good FA, i think sellers will be there but not much, because many will be holding it. check with your remiser for further info
does anyone notice the trend of major share holders that scare those contra player? Queue at sell at big volume..anyway, the counter should steal the limelight after myeg ex today..
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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....
noobnnew
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Posted by noobnnew > 2015-12-30 16:41 | Report Abuse
I am new to this counter and trying to understand how did the investor do valuation in this counter. I would be highly appreciate if someone able to justify your valuation method and how to obtain the tp. Thanks a million.