We have added Oldtown as to reward its brilliant result and dividend.

With after listing 2nd quarter annoucement, Oldtown is trading at a PE below 5 times.  Interim dividend annouced is single tier 2.5 cents.  That work out to be 2.1% of price trading at 1.170.  We enjoy their result and this stock is highly undervalued.  2 more quarters result with the same income will increase Oldtown trading value above RM 1.50 easily.  We will reward and support this Co. if there continuous to do good.

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