Posted by 8wpwtmt8 > 2016-02-17 15:55 | Report Abuse

Volume drops back. Price sideways.

Posted by wei8 > 2016-02-17 17:28 | Report Abuse

disappointed again..shit

Posted by kimssiat > 2016-02-17 17:48 | Report Abuse

|o| I have 1 lot left.

Posted by 8wpwtmt8 > 2016-02-17 18:43 | Report Abuse

Dear Greatful, would you mind to share what is the 'same pattern' between OWG and Karex?

Posted by martinbartesque > 2016-02-17 18:58 | Report Abuse

As bursa announcement, the issue price per share in private placement is 2.20. Do you think how far it can drop? ROM is not built in a day. Be patient....

Posted by martinbartesque > 2016-02-17 19:01 | Report Abuse

As Jobstreet, OWG is hiring General Manager to be based in Penang. Everything will be ready soon.

Posted by genesis81 > 2016-02-17 20:11 | Report Abuse

Someone might be disposing or accummulating. But for sure this is institution buyer based on their volume and able to control the trading price. Result might be good or bad. Next week will know

Posted by 8wpwtmt8 > 2016-02-17 23:44 | Report Abuse

OWG is expected to have a better y-o-y and q-o-q results this 24 Feb 2016 (due to school holiday season Oct, Nov & Dec 2015). 59sixty restaurant everyday full house. But the share price lies in the hand of the 'institutional trader'. It seems that he likes to sell heavily in the evening. 15 days of sideways trading already.

Oil (WTI) is now above USD30 and DJIA is now +200 plus. Please have mercy on us (ikan bilis), Mr 'institutional trader'. Let the price of OWG fly freely.

Posted by Mohd Nasir Yahya > 2016-02-18 10:27 | Report Abuse

2.30.....

Posted by nekosan > 2016-02-18 10:47 | Report Abuse

not in play. operator is waiting for a better time.

Posted by 8wpwtmt8 > 2016-02-18 15:18 | Report Abuse

From 21/09/2015 to 9/10/2015, there was a sideways trading for 15 market days (RM2.22 - RM2.30). Then it went up to a high of RM2.89.

Now from 22/01/2016 to 17/02/2016, there was a sideways trading for 15 market days with the same price range. So from tomorrow onward, there should be a bullish rise already, let us call it pre-quarter results rise. Hope that Mr 'institutional trader' won't push down the price in the afternoon session everyday.

Posted by Mohd Nasir Yahya > 2016-02-18 16:07 | Report Abuse

2.34...hahahihi

Posted by 8wpwtmt8 > 2016-02-18 17:59 | Report Abuse

Posted by martinbartesque > Feb 16, 2016 10:19 PM | Report Abuse

I just bought it at 2.28 today. Its MACD has crossed signal line. it is an upward signal. It has resistance at 2.35. Let it break the resistance, then sunshine days will come.

Unfortunately, it could not close above RM2.35 today. Let's see whether there is any follow through buying tomorrow or not.

Posted by ffforever > 2016-02-18 18:19 | Report Abuse

Tomorrow up and break !

Posted by 8wpwtmt8 > 2016-02-18 23:20 | Report Abuse

Posted by nekosan > Feb 18, 2016 10:47 AM | Report Abuse

Not yet in play. Operator is waiting for a better time.


The operator really have wasted Tuesday and Wednesday by pushing down the prices in the afternoon session. And Thursday rise is just 9 sen to RM2.34. And now (Friday), US markets have fizzled out. Just hoping for a miracle to break RM2.35 tomorrow.

Operator is waiting for a better time:
(i) April 2016 - Soft launch of Komtar
(ii) End of 2016 - Full launch of Komtar
(iii) End of 2017 - TCFW Genting launched

Posted by mouyanseng > 2016-02-19 12:16 | Report Abuse

2.41 dy lor~~

Posted by ffforever > 2016-02-19 12:44 | Report Abuse

Finally up up up

Posted by ovation4u > 2016-02-19 14:19 | Report Abuse

i think can sell by next week ......hope can rise to 2.6.

Posted by 8wpwtmt8 > 2016-02-19 14:19 | Report Abuse

Operator, please don't push down the price in the afternoon session. But you are welcome to rally it higher. Please.

Posted by lskhin > 2016-02-19 14:55 | Report Abuse

up up up!

Posted by ovation4u > 2016-02-19 15:32 | Report Abuse

up up up!

Posted by ffforever > 2016-02-19 16:25 | Report Abuse

Still strong. 35 mins remaining...

Posted by kimssiat > 2016-02-19 16:42 | Report Abuse

Report predicted good.

Posted by martinbartesque > 2016-02-19 16:50 | Report Abuse

next resistance is 2.50, followed by 2.75. I just loaded more at 2.36 this morning. I am a long term investor. Even it achieves 2.75, I will not sell it also.

Posted by ffforever > 2016-02-19 17:01 | Report Abuse

I enter at 2.575.... Huhuhu...

Posted by spectre007 > 2016-02-19 18:09 | Report Abuse

Next week will continue to fly... good results

Posted by martinbartesque > 2016-02-19 19:14 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5004365

Posted by martinbartesque > 2016-02-19 19:15 | Report Abuse

As above earning report, net profit has been increased from 4.1mil to 5.4mil

Posted by rikki > 2016-02-19 19:52 | Report Abuse

Financial Performance as at 31 December 2015

B1. Review of Performance of the Group :-

Current Year to-date vs. Preceding Year Corresponding Period

The Group achieved revenue and profit before tax of RM51.02 million and RM11.52 million respectively for the 6 months financial period ended 31 December 2015. The revenue of RM51.02 million represented an increase of RM7.22 million or 16.5% as compared to the revenue of RM43.80 million recorded for the 6 months financial period ended 31 December 2014.

The increase in revenue was mainly contributed by food service operations of RM4.53 million and RM1.07 million from amusement and recreation operations.

The increase in food service operations was due to opening of a food service outlet in KOMTAR Penang, namely 59Sixty in June 2015, which contributed RM4.38 million current year to-date.

For amusement and recreation operations, the increase was mainly attributed to the commencement of operations of Jungle Gym, Atria Mall in September 2015 which posted RM1.17 million of revenue current year to-date.

Other services segment recorded a revenue of RM4.26 million in current year to-date, an increase of 61.9% over the preceding year’s corresponding period revenue of RM2.63 million mainly due to the promotional campaigns undertaken.


B2. Variation of Results with the Immediate Preceding Quarter

The Group’s revenue increased by 25.0% from RM22.68 million in the immediate preceding quarter to RM28.35 million in the current financial quarter. Profit before tax of the Group increased from RM4.03 million in the previous financial quarter to RM7.49 million in the current financial quarter representing an increase of 85.9%.

The higher revenue and profit before tax as compared to preceding quarter was mainly due to the increase in patronage in the current financial quarter which coincided with year-end school holidays and festive seasons.

Revenue from the food service operations segment in the current financial quarter increased by 11.2% from RM17.18 million in the immediate preceding quarter to RM19.11 million in the current financial quarter due to increase in patronage.

For the amusement and recreation operations, revenue generated increased by 92.1% from RM3.59 million in the immediate preceding quarter to RM6.89 million in the current financial quarter. Besides the higher patronage in this financial quarter, the increase was also due the commencement of operations of Jungle Gym, Atria Mall in September 2015 and the acquisition of 60.0% of Escaperoom Holdings Sdn Bhd completed on 26 October 2015.

B2. Variation of Results with the Immediate Preceding Quarter

Other services segment recorded a revenue of RM2.35 million in the current financial quarter, an increase of 23.3% over the immediate preceding quarter of approximately RM1.91 million mainly due to the promotional campaigns undertaken.

B3. Prospects for the Group

The Board has in place a business and expansion plan moving forward, which are focused in the following areas :-

a) The KOMTAR Tower Revitalisation Project will upon completion enhances the Group’s branding and physical presence in a new market. The project is expected to contribute positively to the Group’s financial position on completion;

b) The franchise programme for Only Mee will enable us to expand our chain of food service outlets under this brand name, and diversify our revenue streams;

c) Opening new food service outlets will enable us to expand the range of dining options that we provide and operate at new locations;

d) Opening “Fun, Food and Good Living” locations that package multiple F&B, attractions and other outlets in a single location with a unified theme, focusing on family-centric activities;

e) Expand and enhance Wet World Water Park Shah Alam by executing the phase two (2) expansion plan; and

f) Expand and enhance the Escaperoom in new market for greater exposure.

The Board is generally positive of the Group’s performance but cautious of the prevailing economic conditions for the financial year.

Posted by thenameis > 2016-02-19 20:28 | Report Abuse

I just checked that they are declaring a dividens of 2.88sen

Posted by rikki > 2016-02-19 20:36 | Report Abuse

Only World Group's 2Q net profit up 28.3% on higher contribution from amusement, recreation ops 

KUALA LUMPUR (Feb 19): Only World Group Holdings Bhd's (OWG) net profit rose 28.3% to RM5.33 million or 2.88 sen per share in the second financial quarter ended Dec 31, 2015 (2QFY16) from RM4.16 million or 2.25 sen per share a year ago, due mainly to higher contribution from its amusement and recreation operations. 

Revenue grew 15.4% to RM28.35 million in 2QFY16 from RM24.56 million in 2QFY15. 

In a filing with Bursa Malaysia today, OWG said its amusement and recreation operations and other services segment posted pre-tax profit of RM2.9 million and RM776,158, compared with RM1.1 million and RM177,458 a year ago, respectively. 

However, the food service operations recorded slightly lower pre-tax profit at RM3.8 million from RM4.3 million in 2QFY15. 

For the cumulative six-month period (1HFY16), net profit grew 16.5% to RM8.39 million or 4.53 sen per share from RM7.2 million or 3.89 sen per share a year ago. 

Revenue also increased 16.5% to RM51.03 million compared to RM43.79 million in 1HFY15. 

Moving forward, the group is generally positive of its performance, but cautious of the prevailing economic conditions for the financial year. 

OWG's expansion plan includes the Komtar Tower Revitalisation Project in Penang, the franchise programme for Only Mee and opening new food service outlets. The provider of leisure and hospitality services will also open "Fun, Food and Good Living" locations that package multiple food and beverage, attractions and other outlets in a single location, as well as expand and enhance the Wet World Water Park Shah Alam and Escaperoom. 

Shares of OWG closed up 12 sen or 5.13% at RM2.46 today, giving it a market capitalisation of RM543.9 million. 

- The Edge Markets

Posted by robert168 > 2016-02-19 22:17 | Report Abuse

holding power rocks !!!

I like it !! move it !! move it !!

8wpwtmt8 must be smiling now. haha !!

Posted by 8wpwtmt8 > 2016-02-19 22:30 | Report Abuse

Not yet smile lah, Robert168. My target price is RM3.30. My cost price is RM2.28. Still a long way to go.

Posted by Johny Khong > 2016-02-19 23:05 | Report Abuse

Congrats to those who persevered d long dull days and continued to believe in OWG despite so. This is wat I called value investing over a medium term as opposed to being an opportunistic trader moving in and out of a stock every other day. If u continue to believe in OWG until d launching of 20th Century Fox in Genting, I bet u will b smiling all yr way to d bank many times over. All d best to only d true believers.

Posted by genesis81 > 2016-02-19 23:58 | Report Abuse

No dividend la..

Posted by rikki > 2016-02-20 13:41 | Report Abuse

Is Komtar OWG’s next catalyst

http://www.thestar.com.my/business/business-news/2016/02/20/is-komtar-owgs-next-catalyst/

Posted by king7 > 2016-02-20 14:50 | Report Abuse

http://thetop.com.my/cn/attractions

See yourself better than guessing only....

Posted by king7 > 2016-02-20 22:01 | Report Abuse

Level 5 komtar .
https://m.facebook.com/story.php?story_fbid=952864554827062&id=144505178996341

Posted by king7 > 2016-02-21 10:13 | Report Abuse

levels 5, 59, 60, 64 and 65, with a total built-up area of 130,333 sq ft - to create high end commercial space for retail, food and beverages and recreational purposes.

Subsequently in 2015, additional floor (level 66) and new spaces (levels 3, 4 ,5 and 6) were added to the project which would at least double the total built-up area.

OWG was granted a 45-year lease, with the option to extend the lease for another 15 years.

Posted by Johny Khong > 2016-02-21 10:54 | Report Abuse

Tht's a possible 60-yr revenue stream for OWG just from Komtar alone!!! Add on d 20th Century Fox Theme Park in Genting Highland and others, OWG's future prospects will be fantastic.

Posted by johnny cash > 2016-02-21 20:31 | Report Abuse

Very good write up in star on OWG, so looks like it is going up, they have 18 million ringgit in hand but debts are at 40 million, but is it high guys????

Posted by johnny cash > 2016-02-21 20:34 | Report Abuse

Hope their business prospher like what is told.. another thing hope there are no delays

Posted by nekosan > 2016-02-22 09:07 | Report Abuse

earning will come back strongly once theme park is opened

Posted by martinbartesque > 2016-02-22 09:19 | Report Abuse

I just added more at 2.46. My average cost is 2.37 now.

Posted by genesis81 > 2016-02-22 09:22 | Report Abuse

http://www.theedgemarkets.com/my/article/cimb-research-keeps-add-only-world-group-trims-target-rm406

Posted by ffforever > 2016-02-22 12:21 | Report Abuse

OWG... target RM 4 year end.. go go go...

Posted by 8wpwtmt8 > 2016-02-22 12:40 | Report Abuse

Posted by ffforever > Feb 22, 2016 12:21 PM | Report Abuse

OWG... target RM 4 year end.. go go go...


Possible!!! Provided CIMB keeps on writing positive things about OWG.

Posted by 8wpwtmt8 > 2016-02-22 12:44 | Report Abuse

Dear operator, crude oil (WTI) has broken above USD32 and now Dow Jones futures is now +98 points. Please don't press down the price in the afternoon session. Let it float freely.

Posted by 8wpwtmt8 > 2016-02-22 15:46 | Report Abuse

Resistance too strong. Downtrend now. Pressed down.

Posted by salman > 2016-02-22 15:47 | Report Abuse

press up lah