@Bullballs gold price still high at peak level, anything above 2450 still can break new high or 2500 any time with just a spike up

@keluarpattern now fundamental a improved significantly compare to last year, especially recent QR

and what I see buyers and sellers so far are mostly retailers and being very patience in price bargains

@keluarpattern no worry just hold tight your 1 lot and enjoy your kfc. most of us bilis retailers here can buy back 0-3 lot with our dividend only. but there are many bigger / institutional investors out there. even if just 1% of the 3% given dividend coming back to the counter, that is huge enough to push this low volume counter at least back to it's pre ex date price already

@MikeyChan still reasonably below NTA

@humble_Investor thanks again~ dksh is indeed a well managed growth company

@Humble_Investor thanks for sharing the good news

focusing on other counters 1st while still holding 30% of my remaining stakes here. will transfer some capital back here if given proper situation

https://www.facebook.com/photo/?fbid=789378846706392&set=a.284127557231526

not pohkong's but most gold retails marked up their gold price today

@StartOfTheBull gd luck

topped up a few more POHKONG at 1.21 (17 july 2024, 11.22am), no brainer to top up while POHKONG still trading at price before gold price up

malaysia retail gold price baru mahu up follow global gold price, tomorrow tomei & pohkong should be got show already. those who no patience sold today dunno what to say

@Bullballs
Five birds in the sky is better than one bird in the pocket. Haha

very well analogue

@Bullballs very well said, most like to pay future premium although we still don't know how those big future projects can translate into profitability, credentials of company is even still unknown in new IPO

here we got established business with good consistent profit and also good future prospects, yet people think the stock is already priced in, no longer undervalue (although obviously it is still undervalue if you look into it's fundamental figures). those future stock not only priced in their future expectation that not guaranteed but some also overvalued even if the future is indeed as expected

it is no-brainer to just be patience at this stage

win win situation for the family and other shareholders imo, as sygroup acquired more subsidiary companies with cash & treasury shares (without loan / private placement / listing additional shares that will dilute the value of the company)

bought back a few ocb at 0.905 (15 july 2024, 9.08am)

@shawn88 good possibility if next QR deliver as expected

@nemesis oic, good to know, didn't know much about it's property sector, thank you for the info

keep speculating, might have reentered here if wasn't for the syariah status, was curious why it fall off syariah list, anyone has any info on this?

waiting for reinvestent of dividend fund on 22 july 2024

wait for the reinvestment of dividend fund on 18 july 2024

only possible negative outcome is that the purchase price is unreasonably high or IF the motor company is actually not a profit making company

@daretocutandchange not sure about the exact accounting but it should be very less relavant, as now those shares will go back to ling family in a trade of incooperating their other business of motor company into sygroup

should be a good thing as this year long buy back obviously attempt to push up the price without intention to collect low. (usually done at closing to push up the tprice).

the buy back may or may not stop right now but the job has been done. now ling family will get those shares, should be time to unleash the company value in market price along with it's new source of diversified additional income.

good thing about this company purchase is that it don't involves any loan or acculmulating of fund through or new share listing. all is done through company own extra idle cash and treasury shares. the new source of income from motor can be assumed as a free bonus

split share should induce price movement upward especially during this good QR, this down play most likely temporary and intentionally to sweep away some retailers. just a little mind game analsysis

@katara sygroup needed to be revaluate base on the purchase price of boulevard jaya motor and future profit generateable from this company

@speakup this pohkong is FA undervalue stock, not casino

@EatCoconutCanWin

lmao, 10%+ in response to a very good news, not even limit up, you are really delusional not knowing the value of this company. it is still traded below NTA unlike those true scam counter that traded way way beyond NTA.

go report if you really think this is a scam, don't be a sour grape here

with such mentallity you hardly make any good profit in bursa

my own thinking is that, the transaction is by company own cash and treasure share, is better to buy into new company than just keep the cash / treasury shares without doing anything

any additional profit is good (unless the company make losses in future due to subsidy affect)

ling family stakes in sygroup now higher they probably want the price to go up further, previously the share buy back intend is also want to pump up the pirce instead of trying to collect lower only

but still the main concern here would be whether the purchase price is reasonable

offload a few sygroup at RM0.880 (12 july 2024, 9.26am)

top up few more sygroup at RM0.815 (12 july 2024)

hope gold price can finally sustain above 2400 until tomorrow morning klse open trade. pohkong can't forever stay 1.17 if that happen. 1.20 shall be our new floor

@MikeyChan thank you 🙂

@rojakmee ironically it is sygroup that do what you suggested, take over boulevard jaya motor with extra cash, for more sustainable & diversified consistent profit in future

buying into boulevard jaya motor company for to generate more consistent income and diversity

sold a little pphb at RM1.14 (11 july 2024). stil got a few left hoping for privatiazation. will top up back in case price goes lower

@MikeyChan

POHKONG PB = 1.18 / 2.07 = 0.57
TOMEI PB = 1.82 / / 3.1 = 0.58

POHKONG has slight NTA lagging behind TOMEI that needed to catch up

that is not yet accounting it's greater than tomei most recent QR

lagging behind tomei again

technical analysis is irrelavant here

investment is all about taking advantage of value gap between actual value and market price

strategy involved is just as simple as to park my capital at the one with better latest QR, jump back and forth between price gap while freight rate is high (good prospect / catalyst for both counters)

@speakup I bought harbour at 1.20 before jumping to sygroup after harbour latest QR released, maximize possible profit between these 2 very similar and directly competitive companies

@NatsukoMishima regardless of NTA. tell me what you think is good about swift? EPS is bad considering there is one off gain involved recent QR, debt situation is also bad, no promised future prospects. what is actually good about it? it seems to me just a regular company traded at fair value

@NatsukoMishima NTA is key to judge the value of a company. we are not just looking into good company. but we are looking good company that the price must be traded at "undervalue" keyword is undervalue.

a good company if traded at fair or overvalue is no longer worth to purchase as it is harder to give capital gain as compared to undervalue good company

@nemesis 2022 articles?

I prefer to reenter in case it turned syariah complaince again (as long as price still reasonable by then). as of now i focusing on sygroup first

bought back a few orna at rm1.00 (9 july 2024, 4.02pm). price seems to be grounded for this qr and easily maintain for next qr even at minimal positive. hope for next qr to show significant improvement and price would almost guaranteed to follow up

@NatsukoMishima you need to learn valuation proper way. sygroup / harbour price has up significantly for the last 6 months while swift are still flip flopping between 0.50 and 0.60

we don't sell mecerdes just because it's price can buy multiple proton cars. must look into it's value

@NatsukoMishima swift's recent QR involved significant one off gain, somemore a debt is still high, NTA is mere 0.80, 5x sen is quite fair valuation unless if future QRs can show improvement.

so far sygroup (price 0.785, nta 1.11) / harbour (price 1.55 / nta 1.95) is still so much better choice comparatively due to better QR and less debt / finance cost burden

the above I said is also possible if operator has already collected as much as possible shares of the company, because since when the big boss would like to share profits with investors? most likely they want to keep most profits for themselves. only thing we can do is hold as tight as possible until that day happen and be the few survivors left that the operator cannot sweep away