Entry pass to all attractions: 1 pax. (RM280), 2 pax. (RM500).
Why so expensive?

See the 5000(00) sell q at 2.33. I think it is accumulation stage. Grand opening is next month.

Yaloh, with Komtar at Matta Fair, it cannot be delayed already. Don't know why keep on selling?

Nevertheless please wake OWG. EPF selling is overdone.

Oil up, ringgit up but export stocks down.

Will still trade between RM2.30 and RM2.33 in low volume until something concrete come out from Komtar attached with a coverage report from CIMB. 29 more market days to go.

Countdown:
29 market days to 19 April 2016 (CIMB report on the Top @ Komtar phase 1 opening to public)

Acquired: 500,000 + 500,000 + 825,300 + 174,700 = 2,000,000
Disposed: 46,200 + 500,000 + 108,900 + 231,100 + 42,200 + 352,400 + 220,500 + 37,700 = 1,539,000
Balance: 2,000,000 - 1,539,000 = 461,000

Dow Jones drops 109.85 points after rising for 5 days. OWG stagnant for all those 5 days. Can RM2.30 hold? I think EPF still got a little bit more shares to dispose today. After that, we need CIMB IB to do a magic on OWG latest by April to bring OWG to a SUSTAINABLE new high.

ONLY WORLD GROUP (OWG) (5260) - SNATCHING A FEW BARS OF GOLD

Date: 08/03/16 (Tuesday)

Critical support at RM2.30.
Resistance at RM2.36.

Short to middle term play

Anything below RM2.30, sell!
Anything above RM2.35, uptrend!

Current price RM2.33. Accumulate!

Initial TP - RM2.50
Expected profit = RM0.17 per share.

Oly Investment Research

Countdown:
30 market days to 19 April 2016 (CIMB report on the Top @ Komtar phase 1 opening to public)

Acquired: 500,000 + 500,000 + 825,300 + 174,700 = 2,000,000
Disposed: 46,200 + 500,000 + 108,900 + 231,100 + 42,200 + 352,400 + 220,500 = 1,501,300
Balance: 2,000,000 - 1,501,300 = 498,700

I think tomorrow could be the last day EPF would dispose because if they continue to dispose, their holdings will be less than 5% already.

Anyone knows when EPF will stop selling and start buying again?

Acquired: 500,000 + 500,000 + 825,300 + 174,700 = 2,000,000
Disposed: 46,200 + 500,000 + 108,900 + 231,100 + 42,200 + 352,400 = 1,280,800
Balance: 2,000,000 - 1,280,800 = 719,200

Disposed 02 Mar 2016 352,400


Circumstances by reason of which change has occurred Disposal
Nature of interest Direct
Direct (units) 12,152,100
Direct (%) 5.193

Countdown:
31 market days to 19 April 2016 (CIMB report on the Top @ Komtar phase 1 opening to public)

Dear Johny Khong, I am feeling very desperate now. I thought OWG is an uptrend stock but everyday drop or unchanged. Now drop to 2.30 already. Next week I think it will trade below 2.30.

32 market days to 19 April 2016 (CIMB IB report on the Top @ Komtar opening to public)

I also don't know why. Now waiting for CIMB report next month. Hope it is a good report.

33 market days to 19 April 2016 (Top @ Komtar opening to public)

Can break RM2.40 also happy already. Step by step. All controlled by EPF.

http://klse.i3investor.com/blogs/bursakakis/89487.jsp

Think of Komtar theme park first. Genting theme park is still long away. When will OWG start to rebound?

I have emailed Mr Marcus Chan of CIMB and he is kind enough to reply that the theme park (phase 1) at the Top @ Komtar will be opened to public on 19 April 2016.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5017933

EPF continues to dispose for short term gain. Come to OWG counter to play wind and to play rain.

"I think it is no point to put up any portfolio, the market is very bearish. Even good quarter result stocks like Hevea, Chinwel, Luxchem and FLBhd, the price is still dropped after good quarter result announcement."
by Ooi Teik Bee

Dear Johny Khong and Robert168,
What do you all think of OWG? Even good results, the price still drop?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5013021

EPF selling to look for short term gain.

Martin, now reach your support price of RM2.35 already. Looks like it can be broken easily.

Nekosan, based on the volume of selling, it does not look like from retailers.

Why drop so badly? EPF selling?

http://www.thestar.com.my/business/business-news/2016/02/23/resorts-world-genting-redevelopment-cost-to-double-to-rm10bil/

It is end of 2017.

Okay, noted with thanks.

Okay, Martin. I will queue to buy at RM2.35 (10 lots).

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

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

(a) How low the price will go before the upturn?
(b) Who is going to push the price up to RM4.06 if EPF will not do that?

EPF holding as on 22 Feb 2016: 5.721%

Acquired 22 Feb 2016
174,700

Disposed 22 Feb 2016
46,200

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5010797
Now EPF is trading with the stock. Buy low sell high.

Thank you for the kind soul who at the last second bought 6000 shares at RM2.44 vs 5000 shares selling at RM2.40. So close at RM2.44. If not it will close at RM2.40.

Guilty25, are you buying OWG also? First time seeing you here.

The rise on 18 and 19 Feb 2016 are due to EPF buying. Now without EPF, it cannot moves up. Volume also low.

T + 3 over already. If today OWG can close 1 sen higher, I will be happy already. Today one whole day will be busy. No time to monitor the screen.

Surprisingly Dow Jones went up 53 points when I wake up at 7.30 am. But nothing solid supporting it.

Dear Johny Khong, I hate Dow Jones. Always close negative more than positives. And OWG always affected by it.

Dow Jones really crash terribly -250 now. By tomorrow morning it could be -500. I key in already queue at RM2.25.

If drop back to RM2.25 within the next 6 weeks, I will add.

EPF bought on 16, 18 and 19 Feb 2016. 16/02/2016 record trading volume with closing price unchanged at RM2.26. 18/02/2016 the share price spiked up 9 sen to RM2.34. 19/02/2016 the share price spiked up 12 sen to RM2.46. Now anti climax. It may last for 6 weeks until Marcus Chan (CIMB) comes up with something exciting on the Top @ Komtar in April 2016.

Crude oil (WTI) has broken down below USD31.00 while Dow futures is now -110.

No lah. But falling oil prices influence the global share markets downturn, including OWG.

Crude oil (WTI) has broken down below USD31.00 while Dow futures is now -86.

EPF acquired another 825,300 shares taking its holding to 5.667%.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5008105

Today is T + 3. Got to close gap down at RM2.46. OWG will trade sideways between RM2.41 to RM2.49 for 40 market days starting 22.02.16 until 14.04.16. Komtar soft launch is tentatively on 16.04.2016.