Koon Yew Yin's Blog

Tomei price correction is overdone - Koon Yew Yin

Koon Yew Yin
Publish date: Sun, 13 Jun 2021, 11:23 PM
Koon Yew Yin
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An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.

All materials published here are prepared by Mr. Koon Yew Yin

The chart below shows Tomei recent peak price was Rm 1.42 and its last traded price was Rm 1.22. The table below shows Tomei EPS for the last 4 quarters which were 1.36 sen, 9.82 sen, 8.42 sen and 9.93 sen for the quarter ending March 2021, totalling 29.53 sen.  

Rm 1.22 ÷ 29.53 sen = 4.1 PE ratio.

Based on the gold price increase as shown on the chart below, Tomei should report better profit for its next quarter ending June.

Its projected PE should less than 4

 

 

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, Gold heart, 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.

 

 

I am obliged to tell you that Tomei is one of my major investment holdings.

 

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Discussions
1 person likes this. Showing 16 of 16 comments

thisistheway

Don't forget about Poh Kong too

2021-06-14 13:31

milosh

clever investors just "top-up", the less fortunate spread panic

2021-06-14 14:45

Michael Kwok

No comment.Will wait for 2-3 month for good company.

2021-06-14 16:03

Zuliana

Ahhh still to sell high to Bilis and then run away kah?
My dear Bilis who never learn.

2021-06-14 20:21

Michael Kwok

Akan naik.Ong mari sudah datang.Saya sendiri beli 10000 unit.

2021-06-14 23:07

ming

Uncle is hungry

2021-06-14 23:12

s3phiroth

uncle bought too many shares. Wanna sell but there is no liquidity for him to unload. Someone plls kesian him buy some shares to help him unload.

2021-06-14 23:41

Zuliana

Uncle I will buy from uncle.
Kesian uncle no liquidity for him to sell in the market.

2021-06-15 09:04

milosh

I don't think uncle has power to change financial report on bursa, the strong P/E is a real thing

2021-06-15 11:00

stockfreak

Same story when he yelled like this in Supermax.

If you know him well, it is "I want to sell but the price is not lucrative enough, I gotta do something"

2021-06-15 11:01

arv18

Post removed.Why?

2021-06-15 12:40

Petronas

Uncle you want to tangkap Bilis is it?
Sorry All Bilis were killed by you and Bto in just recent stocks promotion.
The Bilis escaped from uncle and gang has no interest in your latest stock promotion.
Uncle why you want to kill Bilis? Bilis now extinct already. Haha.
Where got unlimited Bilis for you to catch? Think please.

2021-06-15 12:51

Petronas

Typo*** Bto must change to Bro.

2021-06-15 12:53

RainT

faster sell & run

KYY buy in sure crash soon

2021-06-15 18:42

RainT

Newbie dont know KYY story

Only old bird will know what KYY did in the past to LIIHEN , JAKS etc ....

2021-06-15 18:55

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