Last Price Today's Change   Day's Range   Trading Volume
1.03   -0.07 (6.36%)  1.00 - 1.12  14,647,700
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  3 people like this.
Haoger bursting :D....flushing~
12/08/2020 4:34 PM
Johnson Wong https://www.klsescreener.com/v2/news/view/713233
12/08/2020 4:41 PM
razorknight Anyone got trap with this counter....!!????
12/08/2020 4:41 PM
Shawalrich87 This counter up because director buyback because they want to save company capital from down to low 10 cent. Don't be trapped again .. don't buy learn from other mistakes. Once director sold out (dispose) immediately share price plummet to 30% ..
12/08/2020 4:59 PM
alien1102 @Shawalrich87, any news u got for the director buy back?
12/08/2020 5:08 PM
iamismail Tommorow will test RM 1.20 again...!!!
12/08/2020 5:10 PM
iamismail Last minute selling from T3. All absorb well. Can't wait for tommorow. Remember high of 1.80 !!
Tommorow chase again.
12/08/2020 5:11 PM
kuring2 I believe director knows that the gold price will up..thats is why they are buying back the price at lowest price.
12/08/2020 5:17 PM
Shawalrich87 Did you notice in second intraday market session , chart shown suspicious trend as compare to the first intraday session..it mean director that push the share price up to save their company capital from burst into less than 10 cents.director have ample money to burn while ikan bilis doesn't have.they don't mind to burn million ringgit to allure new victim buy this stock as they can cover back when sale at the high price.look at poh Kong no want line up to buy jewelry and they making loss million of ringgit.to cover up they loss they trading their share in the public , by spark interest to buy in then sell stock ... From 180 cent down to 78 cent, suppose today down to 40 cent. Director buyback ... Same cycle will happen here
12/08/2020 5:43 PM
sharewiz118 i got trap, i bought 1 (one) lot of share at 1.16 and wait for tomorrow show down ..... LoL
12/08/2020 5:54 PM
Shawalrich87 @Alien1102, they buy back share to prevent they loss market capital and they won't mind to spend million ringgit after make plenty profit from 30 cent bought and sales at 180 cent, 6 fold profit.. I think tommorow ikan bilis will come in , director will at sideline to grasp their profit at the high maybe at 130cent. This stock not back by fundamental , gold expensive not one afford to buy at reccesion , store making loss.. so how to justify the high price of stock price ... Gold in store not translate into revenue( stuck) , overhead costs everyday still need to pay( rent, utility and payroll). So where their got money to pay, by making profit out stock market as jewelry business not good. Company incur loss of million till end year as weak consumer sentiment and high number of unemployment rate still high above 5%.
12/08/2020 6:06 PM
kuring2 Shawalrich87..no la...director wont bother if the price goes down to 40c..they lagi suka counter go low2 n re enter..somemore, they already sell their shares at high price prev.. most of gold counters start moving i guess today.. tomey n nice also moved..

I bet pohkong director also like us ikan bilis.. want to take peofit while untung.. but the different is, they will bring an impact if they sell..compared to us, if we sell 100% holding stock nothing happen to the stock. Most of the times, when we sell the stock, short after the stock keep going up.. hehehehe.. betul x.
12/08/2020 6:09 PM
Shawalrich87 Market capital is number of share multiple with share price not same with gold inventory is book value. So don't confuse . For example you bought McDonald's share not to buy they frying machine , you buy because they generate plenty of revenue translate into good dividend yield and genuine capital appreciation and growth over time from 10 stores to million store around the world , same goes to poh Kong .. poh Kong incurred loss how to compensate investors plus their store closing .
12/08/2020 6:39 PM
Shawalrich87 2 store closing , now store only left 10 and more .. additional comment in above
12/08/2020 6:41 PM
limkokthye limit up, gold price up again
12/08/2020 7:23 PM
Kevin Tam Wait for next quarter result, if better than previous quarter profit, can those spreading negative views come out to belanja investors here for one fine dinner ? :)
12/08/2020 10:32 PM
Matt2020 https://www.kitco.com/news/video/show/Kitco-NEWS/2934/2020-08-11/Ignore-this-noise-$3400-gold-price-is-still-the-target-for-VanEck#_48_INSTANCE_puYLh9Vd66QY_=https%3A%2F%2Fwww.kitco.com%2Fnews%2Fvideo%2Flatest%3Fshow%3DKitco-NEWS
12/08/2020 10:34 PM
Haoger This is so funny...gold price hike up...yet people think this benefits the jewelry seller instead of hurting it... LUL...so people willing to buy more expensive gold huh??? hahahhahah
12/08/2020 10:49 PM
Kevin Tam Haoger , in your view , gold jewellery shops n Poh Kong is big winner if gold price go down to USD1700-1800? Jewellery shops now in deep shit coz gold at usd 1900-2000? Hehe
12/08/2020 11:48 PM
Haoger yes of course :D?... gold jewelry shop profit mostly came from designs and commission, gold price hike up = less customer ?? so you think people will drive more if the petrol price gone up :D?? instead of going for bus or other public transport??
13/08/2020 12:00 AM
HTCS When gold shop has old stocks with cheap price can ride on the wave of gold bullish with higher selling price . When old stocks sell finish , have to buy new stocks with higher price unless have stocks up lots of Old stock but doubt of it.
13/08/2020 12:33 AM
Haoger There is no old or new stocks FIFO in gold shop lol...every items on the table are calculated based on CURRENT gold price...LOLLLLLLLLLLLLLLL
13/08/2020 12:43 AM
Haoger When you sell back your gold bought 10 years ago to the shop...can the buyer in the shop say this was bought 10 years ago... I buying it with the price of 10 years ago can?? LELLLL...
13/08/2020 12:45 AM
Haoger This is why many counters are pure goreng up...market full of these clowns....
13/08/2020 12:48 AM
runroadtokl why director are buying and selling?
13/08/2020 12:51 AM
mf Gold 1,926.45 -19.85 -1.02%
13/08/2020 5:39 AM
abc123_2020 Today will go DOWN again..
13/08/2020 5:50 AM
sd99 @runroadtokl, director no business, no one buy gold so high dy..so he main stock because can goreng laa
13/08/2020 7:12 AM
masterus Roller coaster
13/08/2020 7:42 AM
masterus Gold up and down. The company also up and down. Shoot high and fall hard. Everyday up and and down hard will get heart attack.
13/08/2020 7:44 AM
Noobie123 Jerung besar ni
13/08/2020 7:57 AM
Moneychaser saya sudah kena this monday.....director pun tak boleh harap..
13/08/2020 8:24 AM
JejakaDuit Gold to move up back.. Now 1,940.05 and push to up back.. All the best
13/08/2020 8:29 AM
mf Gold 1,939.25 -9.75 -0.50%
13/08/2020 8:54 AM
foreverchung guys today whats our limit down .. can go back to 60 cents or not ..
13/08/2020 8:58 AM
Matt2020 2000 is coming back by next week stay cool lol
13/08/2020 8:59 AM
foreverchung calling hq calling hq .. would like to inquire can buy 0.6rm or not
13/08/2020 9:22 AM
kuring2 Gold price 1,940 : +25 from previous close.. wowww
13/08/2020 9:29 AM
kuring2 its going up mode by eod..
13/08/2020 9:29 AM
kuring2 Lets try to hit the highest high yesterday. 1.16.. now 1.07.. lets break
13/08/2020 9:32 AM
Stockiss Compiled several charts and published a comprehensive comparison of gold stocks performance with Spot Gold Price co-relation. Check out at https://klse.i3investor.com/blogs/GOLDRUSH/2020-08-13-story-h1511679619-NICE_7139_Riding_The_Century_Bull_Gold_Rally.jsp .

Share it out to educate everyone about the opportunity and potential with gold counters. It also addressed those who concerned if gold counters are performing per spot gold price movement.
13/08/2020 10:13 AM
iamismail Good price to enter now. Will move higher. Expect to move higher to 1.15 - 1.20.
13/08/2020 10:22 AM
iamismail Do watchout for LKL too..
13/08/2020 10:23 AM
kereta LOL still same old shit? This is Poh Kong, they don't give birth to GOLD!!

They need to buy gold as RAW MATERIAL TO produce their inventories to sell! Then given such sluggish economy you think ppl will buy elevated cincin price? NO! It's not 1-to-1 ratio raw material-to-sales price, meaning profit margin is LOWER because sales increase cannot keep up with cost of sales!
13/08/2020 10:29 AM
iamismail POH KONG highest was 1.80. Yesterday high was 1.20, so why wait guys. Oppurtunity doesnt come everyday. Red color means buy Yellow/white means hold.. green sell la. :)
13/08/2020 10:29 AM
Haoger kereta LOL still same old shit? This is Poh Kong, they don't give birth to GOLD!!

They need to buy gold as RAW MATERIAL TO produce their inventories to sell! Then given such sluggish economy you think ppl will buy elevated cincin price? NO! It's not 1-to-1 ratio raw material-to-sales price, meaning profit margin is LOWER because sales increase cannot keep up with cost of sales!

finally, a human with brain..
13/08/2020 10:34 AM
iamismail People are badly hit yesterday. Thats market guys. Today start agian. Recoup losses, this counter will provide you that. Once momentum build will fly again, RM1.15 -1.20 short term target
13/08/2020 10:38 AM
888Money https://www.investing.com/analysis/history-says-gold-correction-could-lead-to-big-rally-200533862
13/08/2020 10:40 AM
iamismail Yes, Good article, my point exactly.
13/08/2020 10:42 AM
iamismail At this price you will never lose one. The only way is up from here. Happy trading guys
13/08/2020 10:44 AM

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