Oldtown at the current PE of RM 1.33 is around PE 11 times. We like it is because of its branding and its plan to penetrate into the China market. In Malaysia alone, it is a day to day life chain. Though not offer the best food but averagely welcome by most.
We like Deleum because of its consistency of dividend and earning growth.
Holding minimum to start tracking these both company.
Leave a comment