18-03-2014, 03:19 PM
(17-03-2014, 11:33 AM)retnuoc Wrote: I have invested in Oldtown, and follow up Power Root (Ah Huat coffee maker) in Bursa. Coincidentally, 2 of them experience similar price weakness as Super. Is it mean that the overall market is changing their expectation toward coffee or F&B share valuation?
Oldtown stock price had already rebounded from a 1 year low of 1.82 to 1.97 today. It had clearly outperformed Super in the last 2 weeks. The stock had actually bottomed and rebounded after the release of its Q42013 earnings results. I had bought more when it dipped below 1.9.