The other guys in the forum they r good to search fundamental info on owg developmt n aso help to updates us investors who has bought owg. I b checking on technical analysis wat is the stock movemt doing now. I wil post the knwledge i hv to share so all investors r benefit.
Eeeeee mkt very very bearish..dow jones tai ko very very bearish...there r speculative stock has good run up..we all patience tunggu la to see owg right time coming...making money in stock mkt got to b sabar
I liked wat OWG has done in Komtar. Amongst them, d indoor LCD lighting up an entire ceiling. I think d longest LCD spanning an entire street is found in Las Vegas. With attractive murals and musicals, yr head will not get tired looking up at it all d time. And of course, d 7-D Planetarium Dome shud not be missed. Imagine... being able to feel d outer space without hving to endure all d 'G' effects.
Delay in komtar n too near to genting 20th cf opening!. Crash n Explosion!
When will the new theme park project be completed? The new Twentieth Century Fox World is expected to open by the end of year 2016. Stay tuned to our website as there will be events themed with blockbuster movies along the way to bring you plenty of excitement before the park opens! http://www.rwgenting.com/themepark/general-information/faq/
Only World Group Holdings Hit by Komtar’s pre-operating costs 9MFY06/16 net profit was below expectations, ■ at 67% of our previous full-year forecast. ■ Komtar’s pre-opening expenses were the main culprit. ■ We lower our FY16F EPS by 15% to account for higher pre-operating expenses at Komtar. ■ Risk to our target price is a delay in Komtar’s opening. ■ Maintain Add rating and TP, still based on 22.2x CY17 EPS (F&B sector average). 3QFY16 hit by Komtar’s pre-operating expenses 3QFY16 net profit disappointed, at RM3m (US$0.73m), bringing 9MFY16 net profit to RM11.3m (US$2.8m), 67% of our previous full-year estimate. This was caused by Komtar’s pre-opening expenses: 1) higher staff cost (for training) without corresponding revenue increase, 2) higher raw material cost (for food testing) and 3) marketing costs. We expect 4Q to contain the same or higher pre-opening expenses and thus, cause a drag on 2H16 performance. Weaker qoq performance Revenue rose 7% yoy but fell 15% qoq. Yoy growth was driven by the opening of 59Sixty and Jungle Gym, Atria but the qoq decline was due to the seasonally strong 2Q from the year-end school holidays. 9MFY16 EBITDA margin decline of 300 bp yoy was due to Komtar’s pre-opening expenses. As a result, we now expect FY16 performance to be flat yoy. All eyes on Komtar The interactive lift is the crown jewel and main earnings driver for Komtar. We expect the lift to be ready by mid-Jun and this will be followed by the Certificate of Completion and Compliance (CCC) inspection and pre-opening testing. We remain hopeful for an end- Jul/early Aug opening, barring delays in the issuance of the CCC. Risks to our target price Komtar’s opening deadline is a catalyst but also a risk to our target price. Any delays in the opening of Komtar could pose downside risks to our FY17 EPS estimate. However, we believe that our blended ticket price assumption of RM30 for the interactive lift is very conservative and even if the opening is delayed, this could be mitigated by higher blended ticket prices. Target price maintained; cut FY16 EPS We reduce our FY16F EPS by 15% to account for Komtar’s higher pre-opening expenses that will continue into 4Q. However, we do not believe that this will have a major impact on the share price as investors remain focused on Komtar’s opening timeline. We maintain our Add rating and target price, still based on 22.2x CY17 EPS (F&B sector average). Komtar’s opening is a potential re-rating catalyst.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
skyin35
80 posts
Posted by skyin35 > 2016-05-04 10:03 | Report Abuse
So, what is its new next target?