Problem is, why never see you buy when any of these "big" investors buy? And now come here to knock your empty tongs to show your far sighted ability to say: SEE, I TOLD YOU ALREADY

Or may be should say this: SEE, NO WONDER THEY KEEP SELLING LAH, ARE YOU BLIND NOT TO SEE THAT?

For substantial shareholders disposal, they are not directors nor connected closely to the management, they are just one group of foreign investors.

If you really value them so high, please just buy when they buy & sell when they sell.

Don't try to be clever now to say: You should have sold it because they keep selling.

Same thing apply to kwsp, tabung-tabung, please follow them closely to do the same, buy when they buy & sell when they sell, then you will surely make good profit.

Not to imply anything, both Ann joo & masteel have delivered fantastic results but still drop more than 6% the next day of QR released.

If I am fortune teller & know everything including future results & how share price moves, I should have sold above 3.40.

What a day, now in Ipoh on the way to Penang, come here again tonight

The cafe chain is not sexy, the only growing section will be Selling of coffee powders

Penta has slept even longer period, I was struggling when price droped from 0.87 to 0.74, I sold it & keep reminding myself now to trust my judgement & not by price movement. But sometimes it is just not easy. I am still learning after so many years in stock market.

"Sell" ID always appears when price fall

haha

I think even less % for F&B section

Please take note that muslim/malay only contribute 25% of cafe chain sales

They are not directors nor insiders, they are just foreign investors investing in Oldtown via a foreign fund management.

No, surely no, BN bro, if they eat after buka puasa :)

I have followed tmall everyday also, the item sold by tmall has run out of stock, so you don't see the item any more, the new item will be new stock, the monthly sales start counting again from zero

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rkgfantasy i just sold all oldtown unit.. mainly due to Paparich got official shop at tmall, oldtown tmall shop alway get complain about con case...
now tmall top 1 is paparich, second is oldtown, third is aik cheong i think
26/05/2017 10:01

I know the figures inside out of oldtown, because I read it almost everyday, I welcome more insights from different angles to avoid blind spots.

I am not trying to manipulate or twist the fact, but please talk with substance when discussing.

Please be reminded I have admitted I was wrong in predicting the profit, I accepted that.

To cut it short, you may want to know what IF I was right:
http://klse.i3investor.com/files/my/blog/img/bl2510_oldtown_what_if.jpg

I accepted that my prediction on profits in the latest quarterly report was wrong & way too far.

I was wrong for I was unable to predict provision for doubtful debts of 4.76mil & extremely high purchases of trading goods & consumables of 22mil (I expected 15mil)

If exclude these 2 surprises, I was right. But now I was wrong, I accepted that.

Thank you, AKUMAUKAYA & KLCI King

the result do not match with what expected by many, including me, because I expected at least 4.1 cents, I accepted it that I was wrong.

If those think this oldtown is hopeless, don't buy & please avoid.
For those already in & want to sell, please decide for that's your money.
For those plan to buy when weak, also, please decide for your money

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I read through the reports & put down my analysis below, you can choose to ignore it & move on:

There are few points to highlight in the quarterly report.
1. Provision for doubtful debts - 4.76mil in cafe chain
2. Growth in China is intact - 18mil (4Q2016) vs 28mil (4Q2017)
3. Exceptional high purchases of consumables - 22mil

OLDTOWN - Surprising Result. But Is The Result that Bad?
http://klse.i3investor.com/blogs/moneymoney/123676.jsp

I accepted the fact that results is not good & price fall is definitely, but don't judge my words. I can always prove it

Now confirm that optimus9199 & skyz are both like to tell lies, read this yourself:

Stock: [OLDTOWN]: OLDTOWN BERHAD
May 25, 2017 03:26 PM | Report Abuse

Thank you for your kind comment, kee262, I have always collected when price is weak, I am not sure if it will get weaker or not, so I will only do it progressively.
http://klse.i3investor.com/files/my/blog/img/bl2510_20170525_15_02_01greenshot.jpg

I always advise fellow members to do their homeworks & make investment decision wisely & cautiously and not to follow anyone without doing analysis.

Skyz, are you blind?

Believe or not is up to you, pls avoid if you have blindly follow & without doing your homework.

I take it & accepted it for this is my money. I don't responsible for others. I have said it many times before.

My entry cost is 2.70 & I have said I accepted the fact it is not a good result, but I see the positives out of it.

At this price, why should I sell? My cut loss price is 2.44, I will sell when it reach my bottom line. Make your decision for your money

OLDTOWN - Surprising Result. But Is The Result that Bad?
https://klse.i3investor.com/blogs/moneymoney/123676.jsp

SSteel has delivered good results subsequently because of better industry conditions & selling price of steel products. The share price has gone up from 0.92 (not 0.91) to 1.73 today.

While cafe chain is expected to remain stagnant, F&B is expected to grow due to China market.

Can the point 1 & 3 be overcome in the coming quarters? These will be decisive factors to move the price up or down in the longer term.

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1. Is provision one time or recurring? I don't know, we'll see.

3. I expected purchase of merchandise & consumables to be ranged 12m-15m, but it registered 22mil. Is this 22mil a new norm or delayed purchases from Q1? I don't know, we'll know next Q.

The market had responded the disappointment in share price of SSteel, it will happen to Oldtown too, nothing to hide.

The similar situation happened to SSteel in last year August when SSteel released its QR with a shock of 141mil PPE written off, share price drop from 1.02 to 0.91.

https://cdn1.i3investor.com/my/files/dfgs88n/2016/08/22/1484866692-1942499298.pdf
(Page 11)

We can't change what has already happened, fact is fact, but let do some simple calculation for fun, just click on the link to view it yourself, after all, still not too bad, right?

http://klse.i3investor.com/files/my/blog/img/bl2510_oldtown_what_if.jpg

My Questions are these:
1. Is provision one time or recurring? I don't know, we'll see.

2. Asian F&B sales in 3Q for past 2 years were high due to Singles' Day (光棍节) sales, it is normal to see a drop in subsequent Q. YoY sales have improved.

3. I expected purchase of merchandise & consumables to be ranged 12m-15m, but it registered 22mil. Is this 22mil a new norm or delayed purchases from Q1? I don't know, we'll know next Q.

First fact, tomorrow sell down is unavoidable, because the result do not match with what expected by some people, including myself. So, you decide for your money & I take care mine.

There are few points to highlight in the latest quarterly report.
1. Provision for doubtful debts - 4.76mil in cafe chain
2. Growth in China is intact - 18mil vs 28mil
3. Exceptional high purchases - 22mil

http://klse.i3investor.com/files/my/blog/img/bl2510_oldtown_segment.jpg
http://klse.i3investor.com/files/my/blog/img/bl2510_oldtown_pl.jpg

The major surprise in the report was the provision for doubtful debts of RM4.76mil.

Even added back the non tax deductible provision, the adjusted profit after tax will be RM14.487mil, still short of last year's quarterly of RM18.358mil

成王败寇，win means win, lose means lose, result is hardcore fact, I accepted that, thank you & sorry

Speechless

I started to drink OldTown Hazelnut Coffee after researching oldtown, hehe, though 1 bag can drink 3 times

hehe, funny

My estimation is as follows:

Worse case = EPS same as last year = 15.33 cents x 20PE = 3.07
Best case = EPS 20 cents x PE20 = 4

My estimation of EPS = 15.33 to 20 cents, so make your own judgement.

http://klse.i3investor.com/files/my/blog/img/bl2510_old_town_vs_others.jpg

leslieroycarter, your calculation is wrong.

Your estimation should 14.64 x 21.11 = 3.09

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Posted by leslieroycarter > May 25, 2017 02:04 PM | Report Abuse
Eps 14.64
Pe 21.11
Av TP 2.22
Thus the present price is considered overvalued.

I came to know Gadang because of Mr Icon8888
I came to know Mycron because of Mr Calvin Tan's Masteel
I came to know Ekovest because of Paperplane
I came to know Cab because of WealthWizard

I knew these good companies through many good people but I did my analysis & homeworks, I don't care when they bought & when they sold their shares, all I know was what I wanted to buy & when I wanted to sell.

Thank you for your kind comment, kee262, I have always collected when price is weak, I am not sure if it will get weaker or not, so I will only do it progressively.
http://klse.i3investor.com/files/my/blog/img/bl2510_20170525_15_02_01greenshot.jpg

I always advise fellow members to do their homeworks & make investment decision wisely & cautiously and not to follow anyone without doing analysis.

Someone thought that I created those news, go find out to see who tell lie
http://klse.i3investor.com/blogs/moneymoney/blidx.jsp

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optimus9199 The problem with moneySIFU is that he secretly and quietly accumulated these stocks. Then out of the blues created a lucrative articles which will entice people to buy. Pity those people who blindly follow him ( not me of course, I am not as silly as others). After that, MoneySIFU will quietly sell all his shares,without a word of sayonara in the group.
24/05/2017 17:22

Thanks for remind, IamGoogle, here you go:

http://klse.i3investor.com/blogs/moneymoney/blidx.jsp

All articles are indeed news obtained from respective news portals. Check it out.

Understand the role of nominee account for foreign investors, one account represent many holders at the back, that's the reason you can see one day buy one day sell odd figures.

Not only sell but also acquired. Don't just see what you want to see & pretend you see disposed only.

Thank you for your comment, Andry007

Don't tell us I sell quietly lah, give me other reason, ok?

Who don't sell share in stock market? May be you are the only one just buy & never sell? Optimus9199?

I am trying to reason your action, optimus9199, may be you can let us know why?

I can't find any reason if you are not jealous, or you felt sad for I sold Gkent or Ekovest because you have followed me?

Then what is the reason you kept reminding yourself of my buy & sell in Ekovest & Gkent?

Please go ahead to lodge in your complaint to SC & I welcome them. Please open your big eyes to see if any articles are written by me?

https://klse.i3investor.com/jsp/blog/blallpost.jsp?blid=2510

All are extracted from internet! Haha, what a childish.

haha, good imagination, optimus, what I can see is you are jealous for I have achieved.

Yes, Andry007, it was progressively selling at very small quantities by numerous people