On the very long term chart, gold is bullish showing a cup and handle pattern with a breakout point around 2100. At today's price about 2670, gold is overbought with a negative divergence on the RSI and a level way above the 200 days moving average. A short term correction downwards is highly possible.

The daily price chart of gold and silver are turning bearish. Caution is needed. If the overall market falls sharply following global trend, then the share prices will go down

Another perspective to look at.
The dividend yield of Poh Kong is very low.
Banks pay a higher return on deposits.

If gold price finds solid bottom at around USD 2200, then PK may see 1.03 / 1.05 level.

Hi Invest_888 I like your optimism and positivity. You are correct to expect good QR for Poh Kong and Tomei. However, generally speaking, in an efficient market, these factors are already built into the price. It may be a case of buy the rumour and sell the fact. The price of gold in USD had broken up above the cup and handle pattern. Long term, it is very bullish. In the immediate short term, a healthy correction is warranted. A retracement downwards to USD 2150 to USD 2200 support level is possibble

Last night, Friday in USA market, gold prices fell sharply. A bearish engulfing candlestick. And with a bullish Dollar Index, it signals a short term reversal in gold prices to a lower level for some weeks. Take care guys.

Will see higher gold prices in the coming months. Good for Poh Kong

Gold price has gone up over the past one month. It is time to take profit.

Gold - looks like it is the beginning of a new uptrend

the above reasons are correct

Now I see more buyers coming in at 74c. May go higher la.

dompeilee is correct. Gold is highly oversold. A technical rebound upwards is very likely.

Gold is a much hated asset. Weak holders were selling into the bear market. We are approaching the point of maximum pessimism soon. There is light at the end of the tunnel.

At 1.30 it is a good level to accumulate. EPS for FY21 will be much higher than FY20. Dividend yield is higher than FD rate. High nett asset backing per share. Undervalued stock.

Higher than normal trading volume today. What's up ?? Anyone has any idea ??

Quote " Sold some at above 0.62..... "
Good move theong

Strange company. No core business. Share price can move.

about time to wake up

With weak CPO prices and not much new contracts, the outlook of CBIP is cloudy

The falling trend of eps should bottom out this year. With 5 cts dividend and current price 79 cts, the yield is 6.3%

Has form a base on charts. Breakout today.