Journey to Wealth

Daily Trading Stocks: Oldtown Bhd

kiasutrader
Publish date: Mon, 09 Jul 2012, 09:21 AM
kiasutrader
0 27,945
Following Message
Oldtown's uptrend should continue if it makes an all-time high's close above RM1.75. A position can be initiated if it happens and a close below the recent low of RM1.65 can be taken as a stop-loss. The price target is RM2.10, with resistance also expected at RM2.00. The stock may correct should it close below RM1.65. Supports are at RM1.57 and RM1.50.


Source: OSK
OLDTOWN (5201)
Related Stocks
Market Buzz
More articles on Journey to Wealth
Ekovest: No plan to launch another offer for Iskandar Waterfront City

Created by kiasutrader | Mar 29, 2018

Ekovest fails to get shareholders nod for IWCity takeover

Created by kiasutrader | Mar 29, 2018

King Wan (S$0.280) Wins $28.4m deals

Created by kiasutrader | May 17, 2013

Insurance - Key Points In BNM, IMF Reports

Created by kiasutrader | Mar 25, 2013

SapuraKencana Petroleum - Positive Outlook

Created by kiasutrader | Mar 25, 2013

Kenanga Research - On our Portfolio - Parliament dissolution around the corner?

Created by kiasutrader | Mar 25, 2013

SapuraKencana Petroleum - 4Q13 Analyst Briefing Key Updates

Created by kiasutrader | Mar 25, 2013

Plantation - Dorab Mistry turned less bearish on CPO Prices

Created by kiasutrader | Mar 25, 2013

Plantation Sector - Proposed accounting standard scrapped OVERWEIGHT

Created by kiasutrader | Mar 25, 2013

Pavilion Reit - Limited upside, earnings upside have been priced in HOLD

Created by kiasutrader | Mar 25, 2013

Discussions
Be the first to like this. Showing 4 of 4 comments

Roger Hew

Looks like OLDTOWN Shares will be breaking the RM 2.00 mark soon... Good Stuff!

2012-07-13 17:25

CP TEH

Hi Roger,

HOw do you know that it will go to RM2? Should I buy hugely into it? I keep checking her ... and it is flying higher, so I do not chase.

Thanks

TEH

2012-07-13 17:29

Roger Hew

I have been accumulating this OLDTOWN shares since last year and it has been adding value to it's shares every quarter. I am long on this share and it pays good dividend too... Not too bad an investment.

2012-07-13 17:59

Roger Hew

OLDTOWN goes and break RM 2.00... Like I said...

2012-07-16 16:59

Post a Comment