Icon, your assumption is pretty cool. But I don't agree as I don't think it is as simple as that .

Result will be out this month .. let see how the market react !

icon is welcome. I like reading your articles !

That's exactly the point.
The info in quarterly report is too general n superficial as it does not contain the info ie gold produce n sold.

Lower gold inventory means selling gold inventory translate to higher revenue .
Higher gold inventory means keep stock in hand n not yet translate to revenue ?

Icon, refer to your point 3.
Shouldn't lower inventory led to higher revenue while higher inventory led to lower revenue?
I'm confused n pls enlighten me..

I don't believe they buy gold for trading ler. imagine 544kg gold need how much cash to buy?..

paperplane, pls la respect when ppl discussing the facts there.
why?? cant ask question????.!!!

I expect coming quarterly result not so good due to one time cost for the right issue incurred in Nov 15..

Yolooo, I realized this co made quite a number of mistakes in its bursa announcement.

If we were to refer back to Jul 15 quarterly report, the inventory value is about RM5.1mil.
But refer to monthly inventory Jul 15, gold inventory is 98.5kg

If used RM5.1mil/98.5k = RM52k/Kg. is this number something wrong ?...

5 months Is for top performer or average?

Director selling..

The whole market dropped but this counter maintain. Good

Potential to call for right issue...

Demotedloveangel, u really promote this share le. How reliable is your news with new awards ?

Do u all think the warrant WC n WD a good buy since no premium for conversion ?

how to break if no vol?

I'm happy if it can maintain 3cents per Quarter

Traderman, mind to share more? I'm not from oil n gas industry. Shouldn't the selling price base on the return on the investment ? It means some companies face cash flow problem might be force selling?.. Pls share more

not really increase a lots la. 12kg per mth

volume going up

if based on the trending, this counter will announce its QR on last day of the month i.e. 31st

Private placement money is to use for china factory expansion?..

wait n c the QR

low vol

food business is not attractive as the mining business. they shld give more updates about the mining status.

frankly speaking, I don't think this quarter will show good result mainly due to professional fee on right issue and additional cost incurred for setting up and cleaning up the new mining area

anyone knows where to see the balance to ESOS not yet exercised?

better keeps some cash for average cost at 10cents.

very low volume

What to worries. Grab the dividend first

No Money gives div

Mind to share the latest development of this company?

Anyone got fren works in fitters?

Hehe ..Such a big white board but usually ppl only focus on the black dot !

Only incompetent ppl will keep critising successful ppl

don't curse ppl like this. I don't think Tan Sri called u to buy the share..
always buy at your own risk

Bro, this got to ask Tan Sri..

mean they are undergoing share transfer

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4938869

looks like transferring share from HP insurance to Victoria at open market

here is smaller playground compare to hapseng.

what happened? sudden surge although bad result?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4931229

16mil share buy back wo

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4929273

not to worry. got bonus share soon. 1 for 2

bros, shall buy , sell or hold? :)

no announcement from Victoria Limited also.

any sifu can advice this counter is good? the profit is fluctuated every quarter and made loss last quarter.