USD2395 per ounce, Poh Kong profit margin is extremely high. Best financial QR is expected.

Aluminum price per tonne is USD 2639.00 up USD 22. Average aluminium price from NOV2023-JAN2024(Latest QR of LBALUM) was around USD2230 per tonne. Expected good QR is coming.

Great movement.

LBALUM is just waking up a bit

The 3 brother directors are efficient that buying a lot of JB lands and make more than RM400 Million per year but never share the dividends with minority shareholder(ikan bilis) since year 2015. Hope got good news that the directors will pay the dividend to the ikan bilis. My brother bought it in 2015 and keep until now. Hope no more keep in view, KIV for the dividend.

Has to admit that both YTLP & Cresndo are good and tested stocks. Need not to fight. Both are resilient against the recent small stock crash. Many stocks are still suffering.

Tomei performs well, already up 6 cent in this morning. It is your turn Poh Kong which got better earning power, EPS than Tomei EPS in latest QR.

Many stocks can't perform but YTLP remain resilient.

Poh kong Sells 916 & 999 gold

At USD2370 per ounce, Poh Kong profit margin is extremely high.

smartepf

Poh kong Sell 316 RM395
999 RM410

Aluminum counters got chance due to increasing high demand construction and electric car. Recent QR both revenue and profit performing well. Also, LBALUM golden cross appeared and aluminum price goes up steadily recently. I think got chance to go up further.

Yes, obviously more chinese buy gold in both Poh KOng & Tomei recently. Last time, they seem like not so interested in buying gold.

Israel bombed Iran embassy in Syria resulted in killing some Iran senior officers last week. Market expected a escalated war between these 2 countries and bring more disaster. The increasing geopolitical risk in Middle East pushed up the gold price. Until last Friday night, no Iran retaliation and much lower chance in reducing interest rate in US, the gold price dropped from peak of USD2430 to USD2343. It seems geopolitical risk has become better.
Yet, it is a calm before the storm. Iran has launched missiles and drone attacks against Israel last Saturday night.
Due to this, I believe the gold prices will not drop but instead will going up from USD2343 per ounce on next Monday. Peace is the best for the mankind. Gold can hedge against inflation, geopolitical risk, etc.
For your info, Pohkong can make good profit even at USD2000 per ounce.

Dear Mr Dragon328:

Hope you can contact the 3 Khoo brother directors and convince them. If they agreed it, RM7 was achievable.

dragon328

Yes there are so many potential corporate exercises that KSL may do to enhance shareholders' values:

1) bonus issues to enlarge share cap base and to increase liquidity
2) private placements to institutional funds to raise cash for future expansion and to increase free floats
3) to issue 5-year warrants like one free warrant for every 2 mother shares held to progressively raise more money over next 5 years and to increase share cap base
4) to inject the hotels and shopping malls into a REIT which may raise easily RM800 million cash to KSL (i.e. PBT of RM120m in 2023 from commercial assets or operating cashflows of over RM130m a year, at 7% yield, the REIT would be worth RM1.86 billion)

5) declare dividends from 2024 onwards, as it has completed all major capex programmes (Klang Explanade Mall & hotels) and strong operating cashflows would enable dividend payouts of easily 30% or 12 sen a year

@Dragon328

After recomendating and actively promoting more than 400% growth stock of YTLP & YTL, I think you might repeat the history on the KSL.

dragon328

Yes there are so many potential corporate exercises that KSL may do to enhance shareholders' values:

1) bonus issues to enlarge share cap base and to increase liquidity
2) private placements to institutional funds to raise cash for future expansion and to increase free floats
3) to issue 5-year warrants like one free warrant for every 2 mother shares held to progressively raise more money over next 5 years and to increase share cap base
4) to inject the hotels and shopping malls into a REIT which may raise easily RM800 million cash to KSL (i.e. PBT of RM120m in 2023 from commercial assets or operating cashflows of over RM130m a year, at 7% yield, the REIT would be worth RM1.86 billion)

5) declare dividends from 2024 onwards, as it has completed all major capex programmes (Klang Explanade Mall & hotels) and strong operating cashflows would enable dividend payouts of easily 30% or 12 sen a year

Nice moving up today.

WOW!!! Gold is USD2392 per ounce even the US inflation is slightly up 0.1%. Escalation in war, massive money printing and dedollarization take charge now.

KSL starts to move up again.

If KSL directors pay 30% profits as dividend to share holders, the KSL price can easily go up to RM3.00, and go further even more later. KSL is the best earning property developer in Malaysia.

Gold is USD2355 per ounce NOW.

Malaysians pawning their gold possessions for quick cash, at the same time other Malaysian are still buying gold.

Despite the sky-high gold prices, Malaysians continue to buy the precious metal. Heritage Jewellers Sdn Bhd salesman N Murugan said people continue to purchase 916 gold jewellery, with no significant increase or decrease in the number of buyers.

“People usually purchase it for weddings, sometimes as much as three to five pounds of gold. The price for 916 gold could even surge up to RM500 per gram in the days to come,” he told FMT Business.

Jewellery in Malaysia is typically made from 916 gold, comprising 91.6% pure gold and 8.4% other metals. 916 gold traded at RM373 per gram yesterday afternoon.

Meanwhile, home-baker Janice Sillas, 39, lamented over the hike in gold prices as she wanted to purchase gold for her upcoming wedding.

“I have no choice but to buy gold at the current high price. If it keeps increasing, then we can’t purchase gold jewellery in the days to come.

https://www.freemalaysiatoday.com/category/highlight/2024/04/09/more-malaysians-pawning-jewellery-as-gold-hits-new-highs/

Gold inventory was RM858million according to latest quarterly(NOV2023-JAN2024) report. At RM1.13, PohKong market capital is now only RM464million.

But, the inventory should be calculated on 31Jan2024 with value RM848million, gold price was USD2039 per ounce. Now the gold price was USD2342, the inventory should be around (2342/2039) x 858mn= RM985.5 million.
Current inventory is around RM985.5 million.
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=227576&name=EA_FR_ATTACHMENTS

Massive money printing(either paper money or bond), high inflation and escalated wars contribute to the gold price going up steadily. PohKong at RM1.13 is absolutely at very low price.

Gold inventory was RM858million according to latest quarterly(NOV2023-JAN2024) report. At RM1.13, PohKong market capital is now only RM464million.

But, the inventory should be calculated on 31Jan2024 with value RM848million, gold price was USD2039 per ounce. Now the gold price was USD2342, the inventory should be around (2342/2039) x 858mn= RM985.5 million.
Current inventory is around RM985.5 million.
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=227576&name=EA_FR_ATTACHMENTS

Massive money printing(either paper money or bond), high inflation and escalated wars contribute to the gold price going up steadily. PohKong at RM1.13 is absolutely at very low price.

YTLP keeps on moving up.

@Goldberg
Nice to hear from you. I wait queitly for YTLP if the share price is around RM3.6 to RM3.7. YTLP is a grade AA stock. Crescendo is also a great stock.

Poh Kong share price historic high was around RM1.60 in August 2020 with the gold price at USD2030, USD 1 = RM 4.19. Now USD 1 = RM4.73, GOLD price is USD2340 per ounce. In comparison, notice that the USD appreciates against RM by 13% and the gold price is increased by 15.2%.

Yes, gold inventory is RM858million according to latest quarterly report. At RM1.02, PohKong market capital is only RM410million.
Poh Kong is at very low price with gold business that hedge against uncertainty esp escalation wars now.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=227576&name=EA_FR_ATTACHMENTS

Paramount is one of the best dividend stock in Malaysia. Directors like to share profit with small/minority shareholder. Just check the given dividend will find it out easily.

Yes, Poh Kong is confirmed on the the uptrend track now. On 29Mar2024 it was a small signal to catch this stock. It's a clear signal for Poh Kong today which was ignored previously. Hope to break historic high this month.

Poh Kong breaks RM1.00.

Gold price is USD2342 per ounce, break record again.

7 minutes ago

Gold price is USD2332 per ounce, break record again.

Gold price is USD2332 per ounce, break record again.

GOLD is now USD2316 per ounce. Keep going up more, going down a bit, consolidate and going up again.

GOLD is now USD2288.

PohKong is the most undervalued gold stock. In terms of yearly calculation: PE= 4.64, NTA = RM1.95 with high inventory which is counted less than 25-30% less value than today gold value.
Latest quarterly(NOV2023, DEC2023 & JAN2024) earning per share result after tax was 6.88cent.
Below was the average gold price per ounce in US DOLLAR for the following month:
NOV2023 was USD1980
DEC2023 was USD2025
JAN2024 was USD2030.

Coming quarterly the result will be burst as gold price shooting to even higher level and with great business due to festive season(Chinese new year, Hari Raya, etc). The gold price as below.

FEB2024 was USD2130
MAR2024 was USD2170
APR2024- NOW was USD2270

Coming quarterly result at least will be more than 10cent as the net earning coming from minus all the cost. Price @ USD2000 per ounce Poh Kong earning was 6.88cent. At average price around USD2200 per ounce and higher revenue during this festive period, the earning at least more than 10cent or historical high in earning. So, the share price should be historic high as well. Hope can see the limit up soon or more than 30% increase in share price.

YTLP stays above RM4.00

PohKong is around USD2290 per ounce. Anyway, POHKONG earning will be fantastic at USD2100 per ounce, now it is close to USD2300. Dropped in 0.5cent is not normal. Should goes up instead.

Why goes up? give dividend?

Noticed that more people buy gold during this festive sensons and higher gold price period. Target gold prices is USD2500 in 2024.
Gold price goes higher and higher week by week. It was above USD2240 per ounce this Monday, above USD2250 per ounce yesterday, it was USD2260 per ounce today morning. It is above USD2280 NOW. Keep on breaking its historic high again and again. Many reasonable factors contribute to this record breaking price.....Gold can fight the inflation, excess money printing, social, political instabilities, lower US interest rate soon, etc...
PohKong is absolutely undervalued.

It is very difficult to compare YTLP with Pohkong. Pohkong is defensive(bcs of gold) and highly undervalued stock with small traded volume and value in compare with YTLP. Both stocks with great potential. I bought both, and definitely YTLP is higher in value . If either one is traded at very low price, I will sell the high price and buy the low price.

Gold price goes higher and higher week by week. It is above USD2250 per ounce, break its historic high again and again. Many reasonable factors contribute to this record breaking price.....Gold can fight the inflation, excess money printing, social and political instabilities,etc...
PohKong is absolutely undervalued.

Gold price goes higher and higher week by week. It is above USD2230 per ounce, break its historic high again. Many reasonable factors contribute to this record breaking price.....Gold can fight the inflation, excess money printing, social and political instabilities,etc...

AlTugauw@@
Agreed. pls make a police report.

AlTugauw@@
if u r really very concerned, i suggest u report to the polis or gov!!!! here not a proper platform!!!!!

Bought some PohKong share for long term. Prolong war crisis is still going on, buy gold for hedging uncertainty.

Recently, noticed that the PohKong business is obviously better than usual. Maybe due to Hari Raya. Interesting to see that people like to buy gold during the price is high. Most probably scaring of the gold price will go even higher.

Unbelievable, gold breaks USD2200 per ounce. Congratulate to those bought it earlier.

Unbelievalble, gold breaks USD2200 per ounce.

It is better to avoid buying YTL call warrant esp your money is hard earned one.
Scare of IB manipulation & other unexpected bad news. Period is too short.
Frankly, I was shocked today the foreign funds become the net seller , -RM502million(19Mar24).
Don't know whether the boycott sentiment affect Malaysia bursa market or not. If it is the case, Ringgit Malayisa will be victim as well. If the RM falls, the bank negara is forced to increase interest rate. House, shop and business mortgage will be suffered.
Both political and social stability are must for investment to attract foreign direct investment, FDI and foreign money. Lesser FDI, lesser employment, lesser income(RM) and higher interest then. Really bad those keep on talking boycott. Now, seems like everything want to boycott. Boycott can only win/bully the weak one. You need most advanced science and technology to defeat the strong opponent. History already told you many times the power of advanced science and technology. Now, superpowers are racing for AI & most advanced IC fabrication technology. Instead of boycotting, why don't learn, master and even invent most advanced science and technology?

I had been working and stayed for 10 years in Singapore. Got many Singapore colleague lah. Most of them turning air-cond during sleeping is a norm. Furthermore, they indulge their children more than Malaysians, turning on the air Cond is a must for them esp this extreme temperature. In average, a Singaporean income is 6.3 times higher than a Malaysian. Current electricity tariff is still affordable and reasonable for them. YTLP is so wise that bought the Singapore power plant and enjoying strong Singapore dollar now and in future as well. Furthermore, allows to build a 600MW hydrogen Plant.

I can tell you that majority of Singapore adults got air-cond in their bedrooms. Turning on an air-cond during this hot tempearature is a norm. With extreme temperature and higher electricity tariff, YTLP power net profit for the next QR should be easily more than RM850 million or more than 11cent.