Posted by 8wpwtmt8 > 2016-01-27 16:50 | Report Abuse

Heard the second quarter results is very good. Hope can have some rebound that time.

Posted by 8wpwtmt8 > 2016-01-27 19:46 | Report Abuse

The private placement issue is yet to be solved. Now no idea when. But the law said in one month time, which is by 17 Feb 2016.

Posted by Ah Ho > 2016-01-28 11:19 | Report Abuse

RUN

Posted by robert168 > 2016-01-28 12:04 | Report Abuse

You are please to sell and run !! thanks please disappear

Posted by Johny Khong > 2016-01-28 13:29 | Report Abuse

HAHAHA....!!!

Posted by 8wpwtmt8 > 2016-01-28 16:33 | Report Abuse

It seems that OWG wants to wait till the price to go to 2.50, then only they want to summit the pp application to Bursa. How to reach 2.50 unless end of this year? Wait until neck also long.

Posted by kimssiat > 2016-01-28 16:46 | Report Abuse

Bad market sentiment. Many good counters down.

Posted by 8wpwtmt8 > 2016-01-28 16:52 | Report Abuse

Artificial gap up close at RM2.24.

Posted by 8wpwtmt8 > 2016-01-28 17:07 | Report Abuse

I did not hold any other shares other than OWG. Marcus Chan (CIMB) said this counter will double up end of this year. Now the private placement is very disturbing. OWG now is only RM2.24 but they want RM2.50 so that the fund is enough. How?

Posted by kimssiat > 2016-01-28 17:50 | Report Abuse

The downtrend is quite long. But I dun mind to hold longer.

Posted by Equityengineer > 2016-01-28 22:16 | Report Abuse

hold lor...

Posted by genesis81 > 2016-01-28 22:36 | Report Abuse

This is just beginning of the year. Marcus chan said end of the year.. but not according to chinese calendar. Lol

Posted by genesis81 > 2016-01-28 22:37 | Report Abuse

I bought at rm2.17 and didnt sell because like many other investors, we believe in owg prospect.

Posted by 8wpwtmt8 > 2016-01-28 23:53 | Report Abuse

http://finance.yahoo.com/news/u-crude-falls-back-jumping-003902750.html
Russian Energy Minister Alexander Novak said Thursday that Saudi Arabia had proposed to cut oil production by up to 5 percent by each country in order to support weak oil prices, Reuters reported.

If this is true, then we will have back our bull market again. I think it is just a false hope.

Posted by traderman > 2016-01-29 09:55 | Report Abuse

if they wanna make it 2.5 from current price take 1 day only ...

Posted by 8wpwtmt8 > 2016-01-29 10:00 | Report Abuse

I forecast OWG will only summit their private placement application to Bursa on 18 February 2016 and Bursa will approve on 25 February 2016. On the same day, OWG will announce their second quarter results which will be extremely good (due to school holiday season). The price will hit their target of RM2.50 and they will be able to raise enough fund.

Posted by 8wpwtmt8 > 2016-01-29 10:40 | Report Abuse

Why still no momentum?... Selling loaded.

Posted by Mohd Nasir Yahya > 2016-01-29 15:08 | Report Abuse

2.30...

Posted by king7 > 2016-01-29 16:52 | Report Abuse

Haha bjfood . ..2.30 coming.?

Posted by 8wpwtmt8 > 2016-01-29 19:41 | Report Abuse

There are many stale bulls around. Those trapped at RM2.31 to RM2.75. Each time OWG tries to climb up, they will sell on strength. Next week will move sideways. Waiting for the extremely good 2nd quarter results on 25 Feb 2016 and management summit their private placement application (window dressing).

Posted by king7 > 2016-01-29 20:56 | Report Abuse

GEORGE TOWN: The Penang Development Corp (PDC) will spend about RM40mil on renovation works at Komtar this year. http://www.thestar.com.my/business/business-news/2016/01/29/komtar-renovation-works-to-cost-rm40mil-this-year/

Posted by 8wpwtmt8 > 2016-01-30 17:28 | Report Abuse

Aiyoo DJIA shot up 397 points and KLSE is closed on Monday. What a waste. By the way the resistance RM2.30 is a hard nut to crack.

Posted by Laughgaodiemeliao > 2016-01-31 02:12 | Report Abuse

marcus chan also said Ifca tp 1.70 (revised from 2.30 last time)
he also said Vivocom tp 67c (revised from 76c last time)

and what happen to all of them? not even half price.

Posted by Laughgaodiemeliao > 2016-01-31 02:22 | Report Abuse

????? DJ drop from near 17,900 to near 15,300 within 3 week.

if that is not a crash then what is???? -2,600 points in 3 weeks.


OTB says DJIA won't crash in a presidential election year.

Posted by Laughgaodiemeliao > 2016-01-31 02:23 | Report Abuse

another moron that has been brainwashed by Otak Tak Betul.

Posted by 8wpwtmt8 > 2016-01-31 03:04 | Report Abuse

Only the aquarium is opening in Nov 2016. All else still in April 2016, so don't worry. The aquarium is the newest addition to the list of attractions. All is on track. Money starts coming in in May 2016.

From Marcus Chan (CIMB analyst)

Posted by 8wpwtmt8 > 2016-01-31 03:12 | Report Abuse

Marcus Chan says OWG will double in price end of this year. That means RM2.25 becomes RM4.50. Starting from February 2016, every month must go up by 20 sen. Possible or not? OTB says DJIA won't crash in a presidential election year.

Oct, Nov, Dec 2015 quarter 2 (results Feb 2016) - Very good (School holiday season)
Jan, Feb, Mac 2016 quarter 3 (results May 2016) - Good (CNY meals)
April, May, June 2016 quarter 4 (results Aug 2016) - Good (May, June got contribution from Komtar)
July, Aug, Sep 2016 quarter 1 (results Nov 2016) - Extremely good (Full contribution from Komtar)

Posted by 8wpwtmt8 > 2016-01-31 03:12 | Report Abuse

I think next two weeks can top up some. Volume of OWG is going to be extremely low because of coming CNY holidays. Let's say queue from RM2.21 to RM2.25. Getting ready for its 2nd quarter results.

Posted by martinbartesque > 2016-01-31 10:39 | Report Abuse

No doubt owg is a very potential stock to keep for long term investment. In short term, i dont think komtar wil has much profit contribution after it operates in april 2016. In first 6mths after komtar operates, sure revenue wil b increased for owg but dont forget that its operating cost will b up in the same time. I may consider real positive profit will come in only in end 2016.

Posted by martinbartesque > 2016-01-31 10:48 | Report Abuse

Go to check with shopping mall operator. How long it needs to breakeven for new operation of new shopping mall. If komtar operates in april, i may say the highest operating cost shld b between jan and Aug.

Posted by martinbartesque > 2016-01-31 10:48 | Report Abuse

Owg is definitely a good potential stock.

Posted by greatful > 2016-01-31 21:03 | Report Abuse

i think will be another lower low because vol is low forming flag

Posted by Fs Boulevard > 2016-01-31 21:20 | Report Abuse

Good to drop!

Posted by 8wpwtmt8 > 2016-01-31 22:14 | Report Abuse

I think it will move sideway between RM2.21 to RM2.29 just like from 27 Sep 2015 to 9 Oct 2015 but it will eventually go up as it approaches its 2nd quarter results on 25 Feb 2016. Don't forget they will control the timeline to summit their private placement to Bursa Securities so that the price they get is right (RM2.50). Dateline is 17 Feb 2016 (1 month after they proposed on 18 Jan 2016).

Posted by 8wpwtmt8 > 2016-01-31 22:19 | Report Abuse

Last time Vivocom and Evergreen only took 2 days time to summit their private placement to Bursa but why OWG needs to take one month time? I think they really need the money at the price RM2.50.

Posted by yongyou > 2016-02-01 22:24 | Report Abuse

:)

Posted by 8wpwtmt8 > 2016-02-02 17:24 | Report Abuse

Today (Tuesday) low volume trading between RM2.26 - RM2.28. Closed at RM2.27.

Posted by 8wpwtmt8 > 2016-02-02 19:16 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4992577

On behalf of OWG, CIMB wishes to announce that OWG had on 2 February 2016 (“Price Fixing Date”) fixed the issue price at RM2.20 per Placement Share (“Issue Price”).

Posted by 8wpwtmt8 > 2016-02-02 19:18 | Report Abuse

So now we know that the share price will not fall below RM2.20.

Dear 'Muscle', can start buying already. Accumulate on weakness.

Posted by 8wpwtmt8 > 2016-02-02 19:33 | Report Abuse

Strange, unlike Vivocom and Evergreen, OWG don't have to get Bursa approval first before deciding on the price fixing day and the placement shares price. They straight away decide on the price fixing day and the placement shares price.

Posted by martinbartesque > 2016-02-02 21:14 | Report Abuse

I will re-buy it only after PP period is over.

Posted by 8wpwtmt8 > 2016-02-03 01:10 | Report Abuse

Dear Greatful and Martin,

The Issue Price represents a discount of approximately 3.6% to the 5-day VWAP of OWG Shares up to and including 29 January 2016, being the market day immediately prior to the Price Fixing Date of RM2.2822 per OWG Share.

Average of five days is RM2.2822 and 3.6% discount is RM2.20. So the RM2.20 is already a discounted price. OWG never give 10% discount, only 3.6% discount.

Posted by ffforever > 2016-02-03 17:27 | Report Abuse

Keep dropping... Sien la owg... pls wake up..

Posted by genesis81 > 2016-02-03 18:31 | Report Abuse

Then sell lo. Haha. Happy chinese new year all.

Posted by 8wpwtmt8 > 2016-02-03 19:09 | Report Abuse

Yaloh OWG so boring. Blame on oil plunging prices. Got to wait for oil prices to stabilize. See the results on 25 Feb 2016 how.

Posted by 8wpwtmt8 > 2016-02-04 02:53 | Report Abuse

http://finance.yahoo.com/news/u-oil-falls-third-session-003910359.html

Oil bounces 6 percent as dollar tumbles after U.S. data.

Posted by ffforever > 2016-02-04 08:35 | Report Abuse

Wait for what

Posted by ffforever > 2016-02-04 14:56 | Report Abuse

Oil up already... everyone wake up d... still down.... ...

Posted by 8wpwtmt8 > 2016-02-04 15:46 | Report Abuse

Yaloh, why like this? Very worrying now. No big fish buying.

Posted by yongyou > 2016-02-04 15:50 | Report Abuse

:-)