Tomei Consolidated Bhd is an integrated jewellery manufacturer and retailer of gold and jewellery. The company operates its business through two segments: Manufacturing and Wholesales; and Retail segment. The company operates approximately 60 retail outlets under five different brands - Tomei, My Diamond, Goldheart, Le Lumiere and De Beers. Its retail segment contributes the vast majority of total revenue. Tomei’s products are also exported to countries like Singapore, Indonesia, and in the European markets.
Tomei online shopping
You can buy jewelleries from Tomei online shopping. During the Hari Raya festive season, many Malays would have bought jewelleries from Tomei for their loved ones.
The last traded price for Tomei is Rm 1.29. It reported EPS 9.93 sen for its latest quarter ending March 2021. Its EPS was 8.42 sen for its previous quarter. Based on the gold price increase as shown on the chart below, Tomei should report better profit for its next quarter ending June.
Among all the stock selection criteria such as NTA, cash flow, debt or healthy balance sheet etc the most powerful catalyst to push up share price is profit growth prospect.
Even if you assumed Tomei’s EPS for each of the next 3 quarters remained the same as 9.93 sen, its annual EPS would be 4 X 9.93 sen = 39.72 sen. Currently it is selling at Rm 1.29 divided by 39.72 = 3.2 PE ratio.
Good buying opportunity
Currently our government has imposed national lockdown due to the surge of Covid 19 cases in Malaysia. Moreover, we are facing our worst political uncertainty which most investors are fearful.
As a result, almost all the listed stocks are being depressed-thus creating an excellent buying opportunity for smart investors.
Currently Tomei is selling at Rm 1.29 and with PE 3.2. When the situation becomes normal, Tomei should be selling at Rm 2.60 with PE 6.
I am obliged to tell you that Tomie is my largest investment in my portfolio. Serious investors should not be afraid to take advantage of this excellent buying opportunity.
Chart | Stock Name | Last | Change | Volume |
---|
Created by Koon Yew Yin | Apr 30, 2024
As shown on the chart below, Sendai has been dropping in the last few days. Today all shareholders must be wondering to sell, hold on or to buy some at a cheaper price.
Created by Koon Yew Yin | Apr 22, 2024
Eversendai Corporation Berhad made a remarkable comeback in FY2023, reporting strong profit growth. Here are the key highlights from their financial performance:
Created by Koon Yew Yin | Apr 22, 2024
Sendai price chart below is showing its price trend reversal. It is hitting a record high.
Created by Koon Yew Yin | Apr 18, 2024
After the stock closed yesterday, KSL announced its 4th quarter EPS which is 40.76 sen and its net tangible asset (NTA) backing of Rm 3.65. Its profit increased by 230% more than last year.
Created by Koon Yew Yin | Mar 29, 2024
Currently Sabah Government does not know that solar panel produces the cheapest electricity???
Created by Koon Yew Yin | Mar 23, 2024
During my life time I saw every Prime Minister being replaced by another politician for one reason or another. Dr Mahathir managed to stay the longest time of 22 years.
Created by Koon Yew Yin | Mar 04, 2024
All property developers have just announced their annual profit for 2023. All of them reported increased profit.
Created by Koon Yew Yin | Mar 04, 2024
Although my writing of this article sounds boastful but I feel that it is important to keep this record for posterity. Engineers play a pivotal role in shaping our modern world.
Created by Koon Yew Yin | Mar 01, 2024
What can KSL do to benefit shareholders? I hope all the shareholders will read this article so that they can attend the coming annual general meeting to vote out those directors who are seeking re...
Created by Koon Yew Yin | Feb 29, 2024
After the stock market closed, KSL announced its 4th quarter ending Dec 2023 EPS of 12.74 sen. The total is 40.76 sen for 4 quarters. Its total EPS for 4 quarter ending 2020 was only 17.8 sen.
have a look - my blog on TOMEI: https://klse.i3investor.com/blogs/milosh/2021-06-05-story-h1566072408-TOMEI_last_5QR_comparison.jsp
2021-06-05 14:07
Almost all the listed stocks are being depressed-thus creating an excellent buying opportunity for smart investors.
2021-06-05 14:19
another text, bit fun this time, about tomei: https://miloshtrading.blogspot.com/2021/06/tomei-weak-hands-and-trading-psychology.html
2021-06-10 19:53
khyeap
This chinaapek business keep all the profit money for their family, children and their grandchildren. They don't understand their responsibilities to the small shareholders who trusted them. With huge profit jump, dividends non existence and even if there is, it remains pathetically low. Only way to gain from this counter is by speculating. More a speculative stock than a fundamental one.
2021-05-31 10:08