Posted by foreverchung > 2020-06-18 18:07 | Report Abuse

Less losses than expected. Was expecting something like 75% revenue loss and 5m loss since no sales during these times. Their QR timing is after the Covid breakout started, whereas Tomei is slightly earlier, hence explains the loss.

But I do have some odd consideration:

1. They only had technically 1 month before the whole MCO thing started. 1-ish month revenue = 110m+? That's more than usual business quarter.

2. Trading division 500m+ revenue but elimination also 500m, but I don't know what the heck is elimination, eliminate what lol. Can someone educate me?

Meanwhile, I still don't expect much change for my stance, though take profit is a choice here. I don't know what's gonna happen in near future in terms of gold price :|

Posted by Invest_888 > 2020-06-18 19:05 | Report Abuse

I noticed that more Malay buy gold in Poh Kong and Tomei shops. Maybe for wedding purposes.

Posted by Condom003 > 2020-06-18 19:30 | Report Abuse

Hope Yeoman Capital tomolo sapu at lowest price and take over and fully control it

Posted by 4444 > 2020-06-18 20:17 | Report Abuse

Only idiots said Poh Kong will gain from soaring gold price.

Posted by 4444 > 2020-06-18 20:17 | Report Abuse

Mining gold is Poh Kong main business?

Posted by Loh Kok Wai W > 2020-06-18 21:01 | Report Abuse

这种不买也罢。

Posted by Condom003 > 2020-06-18 21:07 | Report Abuse

Gold price up or down ..Poh kong share price also same coz family business take salary etc director fees also kenyang alrdy..they not dely on share price to make rich !! MANY Company earn many profit but stock price also sleep 1!!

Posted by Condom003 > 2020-06-18 21:15 | Report Abuse

Poh Kong share volume very little in market, easy to privatising

Posted by mrmeow > 2020-06-18 23:41 | Report Abuse

RIP pohkong

Posted by 5354_ > 2020-06-19 04:36 | Report Abuse

MCO many weddings on hold. RMCO weddings allowed but unemployment spike so how jewellery demand good?

Posted by cax1814 > 2020-06-19 14:58 | Report Abuse

World wide Gold price increasing !

Posted by share2014 > 2020-06-20 18:40 | Report Abuse

0.50 coming

Posted by Invest_888 > 2020-06-22 09:49 | Report Abuse

GOLD price hits USD1770 per ounce, Poh KONG price still less than 0.50 or higher? Business better than normal due to consumers never buy gold in the previous 2 months. This applies to the new property as well. In the long term, Poh Kong business still somehow depends on the economy.

Posted by cax1814 > 2020-06-22 10:41 | Report Abuse

China high demand on gold due to the worry about second wave of Covid 19 !

Posted by Solomon7 > 2020-06-24 20:00 | Report Abuse

Worth a look

Posted by ValueMe > 2020-06-25 01:06 | Report Abuse

Sleepy management..Haha.

Posted by khpwwl > 2020-06-26 10:15 | Report Abuse

Management waiting someone to collect his shares....hahaha

Posted by newbie4444 > 2020-06-29 14:14 | Report Abuse

If benefits from gold price why QR is loss?

Posted by laychee > 2020-06-29 14:16 | Report Abuse

High gold price doesn't mean gold shop can make money. They need to sell the jewellery then they can benefit from it.

High gold price also mean they need to buy expensive gold to make jewellery.

With MCO, I think the shops are closed.

Posted by Loh Kok Wai W > 2020-07-02 15:09 | Report Abuse

tipu counter...

Posted by khpwwl > 2020-07-02 21:13 | Report Abuse

Not tipu... They don't want u to hold their shares... They wanna u give up on their counter... Calm down ya

Posted by khpwwl > 2020-07-03 09:56 | Report Abuse

keep collecting 0.465-0.475. wanna privatisation????

Posted by khpwwl > 2020-07-06 10:11 | Report Abuse

no goreng ah...later ppl take out money just bought and keep for long term investment...better than put FD...

Posted by khpwwl > 2020-07-07 12:14 | Report Abuse

I suspect..... Like yeelee wanna to privatisation

Posted by khpwwl > 2020-07-07 15:57 | Report Abuse

https://www.klsescreener.com/v2/news/view/698865/precious-metals-gold-prices-could-climb-further-if-real-interest-rates-turn-negative

Posted by khpwwl > 2020-07-07 15:58 | Report Abuse

yo...buy gold better than put in FD

Posted by Loh Kok Wai W > 2020-07-10 22:21 | Report Abuse

我在金店做了三十年的生意， 我最清楚金店的生意，利润风险和营业的抄作。我也不讲多。。。。买黄金块做长期投资是没错，但不要买银，宝石，白金 ！至於投资黄金股我想还是 三思吧。。。。抱到投资者三年八个月。。。。不值得。

Posted by khpwwl > 2020-07-14 13:34 | Report Abuse

这个股。。。一直在压。。。

Posted by Loh Kok Wai W > 2020-07-14 14:26 | Report Abuse

压来压去价钱也不会 涨到那里啦。。。就算黄金涨到一安士 2000 美元这个股也是在这价钱游走啦。。。。。。不如去买 KUB.....一年之内必看到成果与回酬。

Posted by khpwwl > 2020-07-14 14:39 | Report Abuse

老板就要吃你们票0.460-0.475

Posted by khpwwl > 2020-07-14 14:45 | Report Abuse

0.505 ～ 0.540已出了一些，趁0.460-0.475收回。。。除非你有的是时间。。。

Posted by Loh Kok Wai W > 2020-07-20 17:18 | Report Abuse

这种股买了也赚不多。

Posted by khpwwl > 2020-07-22 11:44 | Report Abuse

must after 0.505 & 0.545 only can fly....

Posted by foreverchung > 2020-07-23 09:35 | Report Abuse

Although gold has risen to 1850usd/ounce, its hard to see if there are market sentiment for retailers.

Hopefully the bullion division did well to sell their gold.

Posted by khpwwl > 2020-07-23 10:11 | Report Abuse

Not goreng let the retailers buy at this price to exchange fd.... Return will sure better than fd interest

Posted by foreverchung > 2020-07-23 22:23 | Report Abuse

@Rjwealth Goodness, I had this same feeling that somehow there is a possibility of privatization, at one point they will do so. But at the moment doesn't feel like Yeoman cap gonna do that. But if they do, damn we definitely need to stand up to fair share price.

Posted by bose00 > 2020-07-23 22:31 | Report Abuse

yeoman cap only owns 10%. pohkong hold 60% AND others institutional 20%. in the market actually very limited 20%..

a privatisation is a very possible...

Posted by bose00 > 2020-07-23 22:32 | Report Abuse

just keep collecting it ~ sleep well :)

Posted by linheng > 2020-07-24 07:36 | Report Abuse

Value of stock would have increased significantly.

Posted by khpwwl > 2020-07-24 13:21 | Report Abuse

I told every every early already.... May pressing collect back n privatisation

Posted by linheng > 2020-07-25 06:03 | Report Abuse

Gold close above USD$1900 per once.
Poh Kong MCO shutdown was good. Stock not sold increase in value

Posted by imvu > 2020-07-25 07:32 | Report Abuse

minggu depan limit up :)

Posted by khpwwl > 2020-07-27 08:56 | Report Abuse

there are only 3 gold counters...demand more than supply...and also gold price with hit usd 2000 per oz by this end of the year...return are good than FD

Posted by watsupking > 2020-07-27 09:56 | Report Abuse

undervalue for long period

Posted by Mike Jcy > 2020-07-27 11:28 | Report Abuse

Come.....come on.... RM 1.50 haha.....

Posted by kereta > 2020-07-27 14:16 | Report Abuse

ya, better keep buying you all lol. I'd sell it after the next jump if it happens this week. Poh Kong doesn't give birth to gold la! Inventories also got raw material. Doubt there's this 1-to-1 up, cost up 1, sales price up 1, not especially during bad economy with lower disposable income.

Posted by will75 > 2020-07-27 14:32 | Report Abuse

https://www.klsescreener.com/v2/news/view/707467

Posted by Invest_888 > 2020-07-27 22:15 | Report Abuse

Before today rally/spiking, most people here said Poh Kong no use, waste time, even USD2000 per ounce, Poh Kong share also can't go up, and etc. Lesson learned, do your own analysis and survey, be patient, and believe in your work.

Posted by Mike Jcy > 2020-07-28 07:13 | Report Abuse

Rjwealth, wts ur tp on pohkong?

Posted by khpwwl > 2020-07-28 08:48 | Report Abuse

Most of the gold counters are limited up in Asia country.... Just Malaysia haven't..... All undervalued coz all pressing by big bosses