Posted by ckwan > 2013-08-31 20:52 | Report Abuse

In my opinion Maybank IB's target price of RM3.55 is quite high. TP of RM2.80 is more relistic and acheivable.

Posted by joseph hii > 2013-09-06 23:44 | Report Abuse

I looking for more cheaper price

Posted by ktsk88 > 2013-09-07 09:04 | Report Abuse

Oldtown falls to the lowest around 2.3X and the best pricing to go in i guess is below 2.40. And the upside could between 2.60 to 2.80.

I am eyeing this range to trade for contra or short term.

Posted by joseph hii > 2013-09-07 13:37 | Report Abuse

tq ktsk88 for u comment

Posted by sien > 2013-09-09 17:08 | Report Abuse

no news. no dividend yet. haiz.

Posted by eftee > 2013-09-12 17:20 | Report Abuse

oLDTOWN DROPPING?

Posted by dfsbipohsch > 2013-09-16 00:02 | Report Abuse

GENERAL MEETINGS: NOTICE OF MEETING

OLDTOWN BERHAD

Type of Meeting AGM
Indicator Notice of Meeting
Description OLDTOWN BERHAD
Notice of The Fifth Annual General Meeting
Date of Meeting 26/09/2013
Time 10:30 AM
Venue Impiana Hotel, Ballroom 1 & 2
18 Jalan Raja Dr Nazrin Shah
30250 Ipoh
Perak Darul Ridzuan
Date of General Meeting Record of Depositors 18/09/2013
Attachments

oldtown AGM ad 2013.pdf
70 KB

Announcement Info
Company Name OLDTOWN BERHAD
Stock Name OLDTOWN
Date Announced 3 Sept 2013
Category General Meetings
Reference No CL-130903-823E8

Posted by dfsbipohsch > 2013-09-16 00:03 | Report Abuse

Will declare 3 sens dividend for account end 31.03.2013

Posted by cheeseburger > 2013-09-17 16:00 | Report Abuse

support line 2.41

Posted by SANG-JERO > 2013-09-18 11:30 | Report Abuse

Maybank Analyst too aggressive....I doubt....

Posted by sulaimanab1955 > 2013-09-18 11:32 | Report Abuse

....but i think otherwise

Posted by robertl > 2013-09-18 11:50 | Report Abuse

mimum kopi manyak man yak, nanti share nail

Posted by 0bucks > 2013-09-20 09:59 | Report Abuse

kopi business good ?

Posted by 0bucks > 2013-09-20 11:39 | Report Abuse

white coffee enaknya

Posted by wahidpenang > 2013-09-20 11:40 | Report Abuse

Robert Kuok's?

Posted by littlebee > 2013-09-24 07:44 | Report Abuse

who is the owner of oldtown?

Posted by cheeseburger > 2013-09-26 14:23 | Report Abuse

all shareholders.

Posted by dfsbipohsch > 2013-09-28 14:02 | Report Abuse

What this TP

Posted by cheongys > 2013-09-28 18:47 | Report Abuse

Now at oldtown bad service

Posted by mcqueen > 2013-10-01 13:32 | Report Abuse

Go to ah huat coffee, huatlah!

Posted by joseph hii > 2013-10-02 20:54 | Report Abuse

Oldtown vs pwroot
Which is winner?

Posted by mcqueen > 2013-10-03 09:23 | Report Abuse

Pwroot is cheap n good.

Posted by sulaimanab1955 > 2013-10-07 16:17 | Report Abuse

malaysia everywhere service also bad one. Employ all the bangla or nepalese. Go see Singapore, all cun cun philipino and mainland chinese speaking very good english and good service

Posted by Noor Azaame > 2013-10-07 23:37 | Report Abuse

oldtown giving 3 sen dividend, not enough to get one cup of white coffee

Posted by dfsbipohsch > 2013-10-07 23:46 | Report Abuse

3 sens meant MY30 per 1000 lot

Posted by cheeseburger > 2013-10-09 15:10 | Report Abuse

possible rebound soon.

Posted by Fortunebull > 2013-10-09 15:11 | Report Abuse

Downtreding!

Posted by Thong Wing Hoong > 2013-10-14 16:36 | Report Abuse

good time to buy..this is a good company!

Posted by yeechachoon > 2013-10-16 16:17 | Report Abuse

what happens to oldtown???

Posted by trioloo86 > 2013-10-16 16:31 | Report Abuse

i sold all oldtown ad... cut loss cut all all... sked budget annouch GST... better cut now... will buy back below 2 ringgit...

Posted by yeechachoon > 2013-10-16 16:50 | Report Abuse

GST is not going to create any impact on oldtown as they are charging tax all the while..m i right?

Posted by joseph hii > 2013-10-16 17:13 | Report Abuse

Yes. Good potential stock. Difficult to get discount price.
Buy signal in

Posted by mcqueen > 2013-10-16 17:22 | Report Abuse

Dividend no cantik,l will by if drop below 1.80-1.90

Posted by tigerroar > 2013-10-16 18:39 | Report Abuse

This is only 1st significance drop, more to come. I am waiting for the right time to collect! Below RM2.20 first cut..... Then if drop below RM2 will collect somemore.

Posted by joseph hii > 2013-10-16 20:35 | Report Abuse

if drop below Rm 2.30, then bye bye for this potential stock.
will it?
ha...

Posted by 0bucks > 2013-10-17 10:54 | Report Abuse

aduh, market bagui mana mungkin rm 2

Posted by steven77 > 2013-10-17 21:11 | Report Abuse

Plan to collect below RM2.

Posted by eftee > 2013-10-17 21:15 | Report Abuse

where can get that price anymore unless major correction

Posted by cheeseburger > 2013-10-18 09:08 | Report Abuse

check first who is the major shareholder, how many share they are holding and is that possible to dip that low? make some sense pls.

Posted by up41 > 2013-10-21 10:12 | Report Abuse

one of the main contributor of profit could be the franchise fees. Someone told me is about 1 million or more per 1 new franchise outlet ( never get it verified , anyone know the figure ?) Any expert that can let us know what is the % of profit contributed by franchise fee charge to new franchisees ?

Posted by cheeseburger > 2013-10-22 14:33 | Report Abuse

i think is net worth $1mil, that is to ensure you have enough working capital to keep your business running.
If follow what the website says: Fee: Upfront franchise fee of RM80,000 (one-off) and an additional RM10,000 if franchisee exercises option to extend tenure (5 years + 5 years option) and then 5% royalty fee on the gross revenue derived from monthly sales, and 3% advertising and promotion fees of the gross revenue derived from monthly sales. http://oldtownfranchise.blogspot.com/
Personally i dun think franchise fees contribute much, a 10 years franchise fees is just about RM170,000 is probably royalty fee on gross revenue from monthly sales from coffee chain that contribute. If looked at last annual report, over $262 mil in revenue, or 62%, came from coffee chain. The rest of revenue came from manufacturing beverages.

Posted by up41 > 2013-10-23 10:33 | Report Abuse

Thanks Cheesburger. Interesting info from the website. More than half of outlets are franchise stores. Is the sales of the franchise stores consider sales of OLDTOWN or only the 8% fees charged are consider sales (revenue) ?

Posted by up41 > 2013-10-23 10:36 | Report Abuse

Or only the coffee and whatnot supplied to these franchise stores are considered as sales ? And, are the coffees supplied to these franchise stores group under revenue of coffee chain or as sales of beverages ?

Posted by cheeseburger > 2013-10-28 11:27 | Report Abuse

If my understanding is correct, only 8% are consider revenue from coffee chain. As franchise the owner manage their business as well as profit and loss. That's what gross revenue means.
Coffee sale is under mfg beverages.

Posted by cheeseburger > 2013-10-28 11:45 | Report Abuse

my opinion now is not the right time to buy, wait for buy signal...

Posted by up41 > 2013-10-28 18:39 | Report Abuse

Thanks Cheesburger . Most shares are , too me, over valued now. As for this counter, I am curious bec many of the outlets I visited were not doing that well ( just casual observation and could be totally wrong) but this Co still announced profit therefore I wonder where the profit came from. . .... Interesting. Just wonder anyone has the average sales per outlet ( include all the outlets) per month of last few years, then we know whether the company is going North or South.

Posted by hasnurhashim > 2013-10-28 19:04 | Report Abuse

What I know,they are expanding internationally...currently they have outlets in Singapore,Indonesia and China...they plan to get licensing othercountries as well

Posted by midtermtrader > 2013-10-28 20:04 | Report Abuse

Rental at overseas espeacially big cities are VERY expensive, more expensive than Malaysia. Business so so, not everybody likes to eat Malaysia food. Further more, the taste is different coz most outlets overseas cook by foreigners.

Posted by yeechachoon > 2013-10-31 10:52 | Report Abuse

game over for this counter, time to move to a more potential counter

Posted by richienexus > 2013-11-06 22:26 | Report Abuse

On 04/11/13, formed doji and today (06/11/13) RSI, Stochastic and Win % R point upwards at near oversold region indicating a bullish reversal. Chance..., chance..., chance...