look at Nishin........when Dali recommend it's peak look at Bornoil.......when Dali recommend it's peak now look at OWG.......when Dali recommend it's peak too.
It's just only a temporary blip. we need to b able to look ahead a foreseeable future wat's coming for OWG. Local & foreign tourists arrivals r expected to increase over time and they w surely visit OWG's amusement parks and F&B outlets. Everyone need to eat & drink while having fun and they surely can afford to splurge at it. Otherwise, they won't be called fun-loving tourists. OWG's fantastic profit margin will drive up its value exponentially moving forward. Everything need time to unfold. We need to give time for OWG to deliver sterling financial results and ROI back to us. We MUST know wat we're putting our money into and not be swayed easily by others. Only d weak-hearted ones tend to bounce around and loose out most of d time. Happy investing...
Posted by speakup > Jun 5, 2015 05:03 PM | Report Abuse
look at Nishin........when Dali recommend it's peak look at Bornoil.......when Dali recommend it's peak now look at OWG.......when Dali recommend it's peak too.
Who cares about smrt, if i can win big more than 50pc , i dont mind losing 20pc in stocks like smrt, just have to have 7big wins 3 small loss is nothing to me, hovid and ocn will fly on monday mark my word
Next year Genting will launch its theme park, there will be a sky way (400k sqft) for people to operate (opening up fnb chains and retail shop lots), OWG's business currently has 30k sqf in Genting, if they can get 10% of 400k sqft, that will double their revenue
To have a grasp, current revenue from Genting is 80% of the total group, so expect everything to double next year, and PE to rerate - a proxy to Genting (fnb), equivalent to Starbucks, Bjfood is trading at 23-24x P/E, OWG can surely match at 20x.
Besides this, Komtar top 6 floors are revamping up to have a sky view and some fnb shops lots, this will be the main attraction in Penang for end of this year and next year, conservatively projecting 1 million visitors annually, that would be equivalent to RM20m revenue if ASP is about RM20, then people will dine there too, haven't included.
So expect rev and pat to double next year minimum, and also PE to go up, so you get both side revaluation.
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....
Alpha Trader
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Posted by Alpha Trader > 2015-05-21 00:01 | Report Abuse
moving up like crazy, up 50% in 1 month plus, i sold some, topping up frontken/myeg/salcon