Franklin just wanna realize profit la. if you have been following this counter, u will know the pattern of Franklin. they earn 20cents will lock some profit already. as institutional fund, they also need to liquify some cash to distribute out to their investors ma
Basicly this counter very good..price drop for investor buy..not because it bad counter..ling term very good if wan sell wait until after november..november got divident
could not outrun its QoQ figures but big improvement from YoY results. 2 consecutive stable earning quarters. now what is lack is just big operators or playmakers to push it up. stay tuned...
if you really study the report, the bigger portion of revenue and profit is from the manufacturing and retail of coffee and not the kopitiam chain. i doubt ramadan will have much impact
If 3Q result is poor, then I will buy this counter at cheaper price. Otherwise, better enhance my cash position.
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Posted by necro > 2016-08-19 12:33 | Report Abuse
Franklin take this oppurtunity to trim stake in OLDTOWN...results speak itself...