Highlights
KLSE: OWG (5260)       ONLY WORLD GROUP HOLDINGS BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
0.55   +0.01 (1.85%)  0.545 - 0.56  2,281,000
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Additional Listing

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Ann. Date Date Type Units Price Total NOSH View
07-Nov-2018 09-Nov-2018 Exercise of Warrants 10,000,000 0.800 277,100,000 Additional Listing Detail
09-Jan-2018 10-Jan-2018 Private Placement 9,600,000 1.130 267,100,000 Additional Listing Detail
18-Aug-2017 21-Aug-2017 Private Placement 14,615,010 1.160 257,500,000 Additional Listing Detail
12-Oct-2016 13-Oct-2016 Private Placement 8,885,000 2.130 242,884,990 Additional Listing Detail
16-Feb-2016 17-Feb-2016 Private Placement 12,000,000 2.200 233,999,990 Additional Listing Detail
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  8 people like this.
 
shpg22 INITIATE STRONG SELL at fair price of 0.48 - P/E 20.0x, P/B 0.5x & DY 0.0%. Current price of 0.70 is excessive.
24/10/2018 16:14
Lau Kean Choo Disneyland huh. Stop giving kind of stupid rumors. It's about management is a shit creature. Should have listen my friends that used work at OWG. how much loan they are financing from CIMB and it s the GP margin is able to cover the interest from loan.
24/10/2018 16:15
Lau Kean Choo Hong Kong Disney has releasing opening expenditures to the public about Thiers opening of Disney land. Do you think owg has the ability to build a Disney land. Really how stupid I am
24/10/2018 16:18
Lau Kean Choo HOStan. What's theirs 20th century fox invoment ? Really misunderstood by this issue
24/10/2018 16:22
Lau Kean Choo http://www.theedgemarkets.com/article/owg-free-warrants-could-lower-groups-interest-cost
24/10/2018 17:02
warchest OWG is a con job. u see many high PE counters including MYEG slowly normalised to low double digit. OWG soon
26/10/2018 16:26
warchest at current price of 64 cents is trading at 40 x PE. imagine if is 15 x PE to reflect the low growth in profitability. the price should be around 24 cents only
26/10/2018 16:28
warchest when 24 cents, the warrants will be worthless
26/10/2018 16:28
shpg22 shpg22 Downgrade to 0.65 @ forward P/E of 25
14/02/2018 11:36

When I set the target price of 0.65 8 months ago, the share price was traded at 1.3x then. While most IB target price was above 2.00. So it is best to ignore all the target price from IB because it can be so inaccurate that even a 6 years old can give a better number.
29/10/2018 10:38
James Ng https://klse.i3investor.com/blogs/general/180765.jsp
[转贴] [ONLY WORLD GROUP HOLDINGS BHD:开设“有趣,美食和美好生活”的地点,将多个食品服务店铺,家庭旅游景点和其他零售店整合在一个统一主题的地点,专注于以家庭为中心的活动] - James的股票投资James Share Investing
02/11/2018 12:38
abang_misai Thanks James. Luckily I accumulated some during correction.
23/11/2018 18:24
warchest http://www.theedgemarkets.com/article/genting-sues-fox-disney-terminating-malaysian-theme-park
27/11/2018 07:42
warchest OWG would be badly hit by this. Since IPO the are tapping on the completion of theme park to justify on high PE ratio. However, the long legal disputes and probably another delay in this tussle would result that OWG without any catalyst for the next 5 years. All the current businesses start to show decreasing trend in both volume and absolute profitability
27/11/2018 07:45
warchest I would only consider OWG at 40 cents. That's more reasonable
27/11/2018 07:46
abang_misai Ini semua James punya pasal or I wouldn't have invested in Oh My God. When the OMY announced it will participate in Genting project, its share price going up like crazy breaching 2.50 level.
27/11/2018 07:48
Yu_and_Mee OWG become OMG. GENM may gt paid by Disney but how about OWG? Nothing!
27/11/2018 09:04
Yu_and_Mee 0.10 soon
27/11/2018 09:20
surewin111 OMG SHIT Liow...
27/11/2018 09:24
shpg22 I will only consider OWG at 0.3x NTA around 0.265. Going into red soon.
27/11/2018 10:53
warren buntut can delisted d
27/11/2018 11:17
hostan 21st century fox theme park change name to 21st century egg theme park,hahaha..
27/11/2018 11:37
warchest OWG technically never rebound at all. Pls trade with caution
27/11/2018 14:42
Invest_Sensibly Very sharp of you.


Yu_and_Mee OWG become OMG. GENM may gt paid by Disney but how about OWG? Nothing!
27/11/2018 09:04
27/11/2018 14:51
warchest https://www.thestar.com.my/business/business-news/2018/11/27/only-world-group-downgraded-after-theme-park-abandoned-in-us$1b-suit/
27/11/2018 15:42
Invest_Sensibly Still valid or not?

Posted by James Ng > Nov 2, 2018 12:38 PM | Report Abuse

https://klse.i3investor.com/blogs/general/180765.jsp
[转贴] [ONLY WORLD GROUP HOLDINGS BHD:开设“有趣,美食和美好生活”的地点,将多个食品服务店铺,家庭旅游景点和其他零售店整合在一个统一主题的地点,专注于以家庭为中心的活动] - James的股票投资James Share Investing
27/11/2018 17:39
King7 why owg? --> act smart Invest_Sensibly? if you are smart .. u must be make alot of money n why hanging here to poisoning.

owg is a fnb operator... it should be genting... anyhow owg is operating without 21 cen fox support too. ... owg is also experienced operate a theme park before in genting... how about indoor theme park? u mean 21 cen fox will caused people dont go up to genting?
27/11/2018 17:55
loonginv king7, ppl are just hold to wait for outdoor theme park to attract more visitor, so they are willing to pay higher valuation. but now they afraid visitor become lesser
27/11/2018 18:01
King7 --->loonginv ... always worry .... did u see genting is doing badly nowaday? why these peoples still go up to genting? try to relate the impact to owg ... yet ...?some more want to get compensation for what is related?
27/11/2018 18:30
abang_misai Owg is the best counter
27/11/2018 18:32
JediMaster Should i buy this counter?
27/11/2018 19:27
beso only one word to describe "hollanding"
27/11/2018 19:47
warren buntut strong buy at current price
27/11/2018 20:01
warchest Buying shares is based on catalysts. Currently there is none for OWG, sadly speaking. Now is purely holding on hope
27/11/2018 20:12
King7 How come Disney already start to refuse mentioned the statement of withdraw from genting... so dramatic ...
28/11/2018 11:09
King7 https://www.reuters.com/article/us-fox-disney-genting-malaysia/disney-fox-deny-claims-in-1-billion-malaysia-theme-park-lawsuit-idUSKCN1NW2FH
28/11/2018 11:51
YapJH Right now the themepark cannot use 20fox theme, that doesnt mean the themepark is not operating... in the past, genting punya theme park has not tie up with any brand, just doing own theme park brand, dont see any issue, they can continue with this strategy. Of cos the catch is maybe with 20fox, it can draw more tourist with that brandname. Honestly speaking, rides is rides, who will remember what rides associated with what movie. So long the rides r exciting and raise heartbeat, it will attract crowds. Without having to pay license fee to 20fox, maybe the entrance fee will be cheaper also, that may draw crowd also.

On the issue OWG dont get anything from 20fox, lets look at the parties involved.

20fox grant genting the license to use 20fox theme for their rides etc. Genting outsource to contractor to build the rides, so agreements signed with contractor. There are 2 parts to this, if OWG is the contractor, whatever built, genting has to pay. If modification needed to change the 20fox theme to another brand, genting need to incur that cost for any VO, so genting still need to foot the bill. If OWG is just themepark operator, unless genting is going to write off the entire investment (which is not plausible), the themepark will still go on albeit with a different theme, so OWG will still earn.
28/11/2018 14:05
1017192924 you know smtg?... think abt it... who is forcing Disney to buy Fox when, Fox is involved with Genting to develop the theme park in the very first place. The project was implemented long b4 Disney's desire to acquire Fox. Disney can always drop the idea to acquire Fox if its against their 'family-friendly' image. I believe it makes no sense for Disney to now claim they wanted Fox to distance themselves from working with Genting by terminating the agreement. Big-time biz drama going on here.
28/11/2018 14:23
YapJH Consolidation to get market leadership is always a norm in US. What exactly disney wana buy into is really our best guest. Maybe they wanted their tv production house to compete with online streaming co?

One possible way why they kill this off so that there will only have one and only disneyland with both disney n fox theme combined into one. Put it this way, right now disney has assume full control of fox, u as the owner of disney, u wana see one brand of themepark under disneyland or have another competing themepark? Right now disney has such a huge bargaining power from film to production house to merchandism after acquiring its competitor, they can literally bulldoze the market with their own terms.
28/11/2018 15:17
YapJH I would say the move by genting is a smart one. By protocol, they should have announced the termination first. But instead of doing so, they straight away bring disney n fox to the court, so now put both of them on defensive mode, meamwhile they have time to strategise and regroup what to do with the themepark. The cost is already sunk in, so anything gotten from the lawsuit will be bonus, without that, theme park will still go ahead.
28/11/2018 22:19
shpg22 When I gave a target price the market usually follow. This time is just too fast, within 1 months only.

shpg22 INITIATE STRONG SELL at fair price of 0.48 - P/E 20.0x, P/B 0.5x & DY 0.0%. Current price of 0.70 is excessive.
24/10/2018 16:14
29/11/2018 12:05
692718720 Time to collect ... keep for long term
Indoor edy start open... revenue will increase
Outdoor may keep close for few year ... but the current price edy shown effect

Jz wait for Genting how to rebuilt the outdoor... ...
Maybe nx yr both side settle the case and happy ending .. who know?!
30/11/2018 00:29
commonsense OWG financial performance for 1Q19 was actually not that bad up to the EBITDA level. EBITDA for the quarter was at RM9.6mil vs RM8.2mil recorded last year.

But then there was a higher depreciation and amortisation charges (RM6.8mil vs RM4.7mil) and also higher finance cost (RM2mil vs RM900k )which bring down the PBT to only RM1mil. Both of the higher depreciation (related to opening of new outlets in Genting) and finance cost are expected to be at this level for 2Q19 as well.

If OWG's revenue does not increase meaningfully then investors are to expect a profit level of 1Q19 going forward.

Initially FY20 growth story was supposed to be driven by the potential opening of the 20th Century Fox World. But given Fox decision to pull out of the collaboration meaning most of the rides if not all will need to be redone (at least changing of the name and the imaging of the rides) given that Genting will no longer have the licence to market the rights as per the original plan. Some of the rides in question are : Son of Anarchy, Fox Theatre Experience, Rio Carnival Chaos, Wings Over Rio, Mub & Grub’s Epic Boat Tours, Scrat’s Nutty Adventure and another 13 rides or so.

Not sure Genting will be even able to open the doors of the park in 2020.

Even if management managed to increase the current operation and record a profit of RM8mil for FY19, at the current share price it would still value the company at a PE of 18.8x PE. With the uncertainties arising from Genting's Fox world, i don't see how the company could provide the high expected growth that investors would demand for paying an expensive price for OWG.

On the other hand, major shareholders seems to be buying into the company. At least you can see that they actually believes that the company is undervalue.

If you are already an investor, then you need to hold this stock a bit longer in order to see meaningful profit growth which should come when the new Genting theme park is open ( at least another 2 years. 2021 hopefully.)

If you are looking to diversify your portfolio into a company that is currently undervalue but will be able to profit profit growth in FY19, i would recommend you to look at MBMR.

The company is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 5.3x PE (based on target FY18 PATAMI of RM145mil. 9m PATAMI is already RM106mil). PB is low at only 0.5x BV. 4Q18 results is expected to be higher than 3Q18 and last year 4Q17. And FY19 growth will be driven by the still high demand of new Myvi and the launch of the new SUV in 1Q19.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions.

Hope Genting can expedite the opening of their new park in order to provide OWG with the financial growth that it need.

Good luck.
05/12/2018 06:19
profitgrow no movement today?
06/12/2018 10:44
hostan by friday reach rm1.00
19/12/2018 15:46
Tim2812 Sure both??
19/12/2018 23:26
692718720 Fake news from genm.. drop again
21/12/2018 00:47
DTZW 1882 abang adik share....
21/12/2018 00:56
supersaiyan3 Just passing by! Saw the ad on TV by the CEO, look through the annual reports and saw Ooi Guan Hoe as director. Ooi Guan Hoe was in Xingquan, must be cheater or dumb a.s.s.
13/01/2019 00:15
Walau why say so?
14/01/2019 12:46
turbochart Ooi Guan Hoe = Ahamd Zahid good frend
18/01/2019 13:04


 

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