My trading

Poh Kong, staff more than customers

Hiu Chee Keong
Publish date: Thu, 14 Apr 2016, 08:07 AM
Some of my trading

Every sunday or saturday i will go shopping at Giant and pass throught this Poh Kong shop. Last year before GST and ringgit fall, whenever i past by, there was always some customers there, but since GST and rignggit fall, now i hardly saw any customers, most of the time 6 or 7 of it's staff were just boring looking at their smart phone, even at sunday and saturday prime time.

So i had no surprise when Poh Kong profit dropped about 90% this year. But it's gold stock still very valuebale. If gold up and usd fall, then good news for poh kong. i have sold up my poh kong shares a year ago before the market fall. i guess the youngth now are more interest on smat gadgets then jewelry :D

Discussions
3 people like this. Showing 5 of 5 comments

Tom

lol.......

2016-04-14 09:06

Koon Bee

I like your article

2016-04-14 09:29

moneySIFU

Article is short but very good observation, from daily life view the up or down of a business, ultimately the performance of the share price.

2016-04-14 09:56

speakup

so pohkong future PN17?

2016-04-15 07:27

Hiu Chee Keong

speakup, they have a mass stock of gold which worth $$$$, and they have a good management team, just that the whole economy now is not so good. i think they will bounce back soon, so i will keep in in my watch list.

2016-04-15 08:48

Post a Comment