POH KONG HOLDINGS BHD

KLSE (MYR): POHKONG (5080)

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Last Price

1.16

Today's Change

+0.01 (0.87%)

Day's Change

1.15 - 1.17

Trading Volume

385,800


5 people like this.

4,115 comment(s). Last comment by dompeilee 5 minutes ago

kmwong8711

639 posts

Posted by kmwong8711 > 2017-11-16 18:46 | Report Abuse

Paper sifu yes Yeoman Capital Management u said mah n i check into www.Malaysia stock.biz.com confirm they buying

lwyy60

477 posts

Posted by lwyy60 > 2017-11-21 09:58 | Report Abuse

Nicesss...collect lower price. XD

luckyjb

161 posts

Posted by luckyjb > 2017-11-23 10:22 | Report Abuse

these few days, yeoman collect alot, hopefully rise soon.

bktay123

189 posts

Posted by bktay123 > 2017-11-24 09:48 | Report Abuse

How do you check this fact?

WDYE

196 posts

Posted by WDYE > 2017-11-27 15:42 | Report Abuse

Gold price nearly back to USD 1300, pohkong uptrend is coming. Just keep it, hold it , don't sell cheap.

Posted by HENGYUAN sexy babe @ RM21 > 2017-11-28 09:28 | Report Abuse

Mkt Cap-262.6
EV-458.40

POHKONG should trade near RM1.11

Posted by leoziput > 2017-11-28 10:17 | Report Abuse

this is sparta!!!
those gay spartans later slippers also lose all lol

Posted by HENGYUAN sexy babe @ RM21 > 2017-11-28 14:27 | Report Abuse

Yeo man so fast sapu 7% already. maybe hit 10% soon?

limkokthye

6,039 posts

Posted by limkokthye > 2017-11-30 21:36 | Report Abuse

local people dont buy gold nowdays, china tourist like to buy gold

luckyjb

161 posts

Posted by luckyjb > 2017-12-05 10:11 | Report Abuse

yeoman keep on sapu, i think the quarter result should be not bad...

Kelvin Ong

437 posts

Posted by Kelvin Ong > 2017-12-05 10:25 | Report Abuse

This Yeoman sapu bottom feeder only...why no push the price?

luckyjb

161 posts

Posted by luckyjb > 2017-12-05 11:53 | Report Abuse

532 counters drops...now market sentiment no good, so mostly institution will press down the price to collect first, later than will push ...i too need patient to wait

Posted by smartInvestor1 > 2017-12-06 15:18 | Report Abuse

gogogo! Good result come out soon

Posted by Lim Beng Teik > 2017-12-06 17:09 | Report Abuse

when qr will be out?

luckyjb

161 posts

Posted by luckyjb > 2017-12-06 23:14 | Report Abuse

tomorrow qr should be out....if not a few days later...

luckyjb

161 posts

Posted by luckyjb > 2017-12-07 12:39 | Report Abuse

today 311 counters up, hopefully pohkong also up up up..

Vtep

73 posts

Posted by Vtep > 2017-12-07 20:47 | Report Abuse

KUALA LUMPUR (Dec 7): Poh Kong Holdings Bhd's net profit tripled to RM5.36 million in the first financial quarter ended Oct 31, 2017 (1QFY18) from RM1.77 million a year ago, on increased demand for gold jewellery and gold investment products.

It also attributed its improved earnings to higher retail gold prices and additional revenue contributed from new outlets in the current quarter under review.

Earnings per share increased to 1.31 sen from 0.43 sen in 1QFY17.

Quarterly revenue grew 19.1% to RM220.93 million in 1QFY18 from RM185.47 million in 1QFY17, largely derived from the retail segment.

Posted by HENGYUAN @RM21 CONFIRM COMING > 2017-12-08 08:20 | Report Abuse

Good result.

Posted by foreverchung > 2017-12-08 08:38 | Report Abuse

I wonder if counters like Pohkong & Tomei is considered as seasonal as there are quite predictable trends when it comes to gold etc sales?

Cuz Tomei dipped badly despite good result compared to last year. I wonder what happened.

luckyjb

161 posts

Posted by luckyjb > 2017-12-08 08:41 | Report Abuse

Hengyuan and Vtep agree with both of u. compare with 2016 same quarter, the revenue increase 19.1%(rm220.925,000-rm185,471,000), profit increase 23.5%(rm8,141,000-rm2,430,000)

Posted by HENGYUAN @RM21 CONFIRM COMING > 2017-12-08 08:56 | Report Abuse

the outlook still positive, management confirm

Posted by HENGYUAN @RM21 CONFIRM COMING > 2017-12-08 08:56 | Report Abuse

ya, quite seasonal, normally Q1 lower if you notice past historical records

Posted by HENGYUAN @RM21 CONFIRM COMING > 2017-12-08 09:45 | Report Abuse

added more @ 0.63....wish myself luck. becoming my top 5 now.

Posted by foreverchung > 2017-12-08 11:45 | Report Abuse

Lets see where this takes us. Meanwhile Yeoman should be happily collecting all the way. Heading to 8% soon?

flysmart

477 posts

Posted by flysmart > 2017-12-09 14:13 | Report Abuse

volume is low.... little boring at the moment....

ironmania

91 posts

Posted by ironmania > 2017-12-12 17:56 | Report Abuse

Profit up..

lwyy60

477 posts

Posted by lwyy60 > 2017-12-12 21:44 | Report Abuse

News come in, one of the poh kong shop in serembang being broke in.

husky88

698 posts

Posted by husky88 > 2017-12-17 20:42 | Report Abuse

Gold drop.

Savusavu

164 posts

Posted by Savusavu > 2018-01-01 10:34 | Report Abuse

Wow 0.615 ...yeoyeoman funds ...alright dude, I m sending my 20footer to collect wish me luck!!
And a happy new year 2018!

Savusavu

164 posts

Posted by Savusavu > 2018-01-01 10:35 | Report Abuse

@husky gold up now

Savusavu

164 posts

Posted by Savusavu > 2018-01-01 10:36 | Report Abuse

Quickly grab...

lwyy60

477 posts

Posted by lwyy60 > 2018-01-01 18:49 | Report Abuse

Not the first case dy, Last month also hv. Yeah Malaysia still aman. Good luck guys.

Posted by HENGYUAN Sexy Babe @ RM21 > 2018-01-02 15:31 | Report Abuse

RAM Ratings has reaffirmed the AAA(fg)/Stable/P1 ratings of Poh Kong Holdings Berhad’s (Poh Kong or the Group) RM150 million Danajamin-Guaranteed ICP/IMTN Programme (2011/2018). The enhanced long-term rating reflects the irrevocable and unconditional financial guarantee from Danajamin Nasional Berhad (rated AAA/Stable/P1 by RAM), which enhances the credit profile of the ICP/IMTN beyond the Group’s stand-alone credit strength. The P1 rating mirrors Poh Kong’s stand-alone credit profile, notwithstanding the financial guarantee on the ICP.

Despite the still-weak consumer sentiment, Poh Kong recorded higher sales in FY Jul 2017 as consumers invested in gold amid global uncertainties. Coupled with stronger gold prices, this lifted the Group’s top line 12.9% y-o-y. Its operating profit before depreciation, interest and tax (OPBDIT) jumped 42.1% y-o-y for the fiscal year on the back of higher revenue, reduced losses from the closure of unprofitable outlets, and various cost-saving initiatives.

Poh Kong’s adjusted funds from operations (FFO) debt cover expanded y-o-y to 0.28 times in fiscal 2017 (fiscal 2016: 0.19 times), in line with its better operating performance and lighter debt load. These factors, as well as a revaluation gain, improved the Group’s adjusted gearing and net gearing ratios to a respective 0.45 times and 0.35 times as at end-July 2017 (end-July 2016: 0.56 times and 0.49 times, respectively). Going forward, the Group’s balance sheet is anticipated to stay sturdy, with adjusted FFO debt coverage remaining around 0.20-0.30 times. Meanwhile, Poh Kong derives substantial liquidity from its gold inventory, which is considered liquid and valuable.

Apart from its healthy credit metrics, Poh Kong’s stand-alone credit strength continues to be supported by its established reputation and strong market position in the local jewellery retail industry. With 93 outlets (as at end-July 2017), the Group is the largest jewellery retail chain in Malaysia and boasts a 4-decade operating history.

Poh Kong’s credit profile is, however, moderated by its vulnerability to volatile gold prices and forex rates. Gold prices have been affected by macroeconomic uncertainties such as the US presidential election, expectations of US Fed rate hikes, and more recently elections in the EU as well as tensions between the US and North Korea. In ringgit terms, local gold prices were impacted by the weak ringgit against the US dollar; the ringgit has since strengthened against the greenback. While the retail mark-up on yellow gold provides a buffer against gold-price volatility, Poh Kong remains susceptible to sharp declines in the price of gold, given that input cost lags movements in retail prices.

Another moderating factor is Poh Kong’s hefty working-capital requirements, attributable to its long inventory cycle and the build-up of requisite inventory for the Group’s wide retail network. The Group is also subject to consumer sensitivity to movements in gold prices as well as stiff competition within a trend-driven industry. The Group may find it challenging to maintain its brand relevance among the younger generation going forward, given the diminishing preference for gold jewellery in this consumer segment.

Posted by HENGYUAN Sexy Babe @ RM21 > 2018-01-03 09:27 | Report Abuse

gold price 1300++ good not?>

thomashan

1,291 posts

Posted by thomashan > 2018-01-03 16:07 | Report Abuse

good la

thomashan

1,291 posts

Posted by thomashan > 2018-01-03 16:07 | Report Abuse

dont so fast pls wait my bullet

AllWin

782 posts

Posted by AllWin > 2018-01-03 16:11 | Report Abuse

Good to see you, paper.

Posted by HENGYUAN Sexy Babe @ RM21 > 2018-01-03 16:48 | Report Abuse

ah, AllWin also here.....smell something ah?

thomashan

1,291 posts

Posted by thomashan > 2018-01-03 16:50 | Report Abuse

i smell something big

AllWin

782 posts

Posted by AllWin > 2018-01-03 17:00 | Report Abuse

Previous QR always the lowest but still recorded remarkable growth. Plus gold price so high. Can't wait future QRs.

Posted by foreverchung > 2018-01-04 00:01 | Report Abuse

Instrument Code : IMTN Facility Code : 201100068
Stock Code : VF150270 Short Name : VF150270
Stock Serial : 7
This Year Series : 15/0270
ISIN Code : MYBVF1502700
Stock Description : POH KONG IMTN 4.750% 21.11.2017
Stock Category : Scripless Payment Account : Islamic
Principle : ISLAMIC Stock Status : Active
Issue Date : 23/11/2015
Maturity Date : 21/11/2017 Optional Maturity Date : 21/11/2017
Primary Stock Code : VF150270 Stock Indicator : Primary
Optional Profit Date : Final Redemption Price : 100.00
Issue Amount : 10,000,000.00 Outstanding Amount : 10,000,000.00
Lead Arranger : MAYBANKINV Currency : Malaysia Ringgit
Facility Agent : MAYBANKINV Issuer : POH KONG

So this has matured? Would this be calculated into their earnings this quarter?

Posted by HENGYUAN Sexy Babe @ RM21 > 2018-01-05 16:04 | Report Abuse

not bad

thomashan

1,291 posts

Posted by thomashan > 2018-01-09 10:48 | Report Abuse

no movement

thomashan

1,291 posts

Posted by thomashan > 2018-01-09 12:28 | Report Abuse

suddenly spike up a bit

Posted by foreverchung > 2018-01-14 16:11 | Report Abuse

Gold price inch up bit by bit, USD weakened, let's see what it translates into during QR.

Posted by pang72resinpeace > 2018-01-14 18:18 | Report Abuse

But 2-3 outlet kena rob last QR,, profit sure not...

Posted by foreverchung > 2018-01-14 21:01 | Report Abuse

Of course those robbed locations got insurance one lor, no one would be that clever to leave it uninsured.

Posted by theintinvestor > 2018-01-15 12:58 | Report Abuse

why so many substantial shareholder disposed o.o

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