Posted by NESARAJAH1 > 2020-08-06 21:29 | Report Abuse

No dividend announcement. Only Gold prices shooting up. Play cautiously.

Posted by about time > 2020-08-06 21:47 | Report Abuse

Bursa freezes Tomei's upper limit price after the stock soars on gold rally - The Edge Markets http://www.theedgemarkets.com/article/bursa-freezes-tomeis-upper-limit-price-after-stock-soars-gold-rally#.Xyv_XHemEPY.whatsapp

Posted by willee2 > 2020-08-06 22:13 | Report Abuse

tmr limit up! all will be flooding here! TO price should be around 1.5 ?

Posted by bojed > 2020-08-06 22:29 | Report Abuse

I bought NICE instead of Poh Kong hahaha adoi hopefully it will become a blessing in disguise.

Posted by NESARAJAH1 > 2020-08-06 22:48 | Report Abuse

Wow. Thks 2 someone who highlighted MUI Properties. Tried my luck. Got 4 figure profit. Gold Mining. Gnite all

Posted by tvz32 > 2020-08-06 23:00 | Report Abuse

Regular retailers must have been mistaken. Poh kong sells jewelries. If you are looking to get into gold as a safe haven as a hedge, buy gold bars, gold mining stocks or virtual gold.

Who would buy gold jewelry from PK as an investment? Not only is the selling price at a premium to the market rate, you also get charge ridiculous amount for workmanship and when you sell it back to them, it gets marked down significantly.

I think the run up is just purely from retailers recognizing a familiar gold shop name they see from shopping malls. But yet they fail to differentiate how to properly participate in the gold rally

Posted by puayhwa08 > 2020-08-06 23:09 | Report Abuse

Well I also think that u mistaken what Poh Kong does. Yes it’s business yes is mainly jewelry. But it also involve in investment holding of gold n also involve in manufacturing of gold.

Posted by foreverchung > 2020-08-06 23:18 | Report Abuse

@tvz32 you answered yourself "Who would buy gold jewelry from PK as an investment? Not only is the selling price at a premium to the market rate, you also get charge ridiculous amount for workmanship and when you sell it back to them, it gets marked down significantly." < that's how they earn.

There's demand, there's supply.

Plus, they cater bullions as well, who buys bullion you ask? Rich fellas.

Posted by pang72 > 2020-08-06 23:51 | Report Abuse

Tomorrow is Poh Kong limit up day...

Bursa is real gem of Malaysia... Implement this type of new ruling to make Malaysian Rich..

Posted by pang72 > 2020-08-06 23:53 | Report Abuse

Market going to crash..

People will realise glove is plastic and gold bar is asset.

But too late.. They all kena burn.

Posted by apolloang > 2020-08-06 23:59 | Report Abuse

I bought 1kg X2 of gold bar at 105k each tot wanna give to fisherman to smuggle me out of the country if msia facing may 13 but now is 280k each and country peaceful so reach 300k I think I sell back to public gold and take 600k to buy another property....hehe

Posted by williamtkb > 2020-08-07 00:11 | Report Abuse

Poh Kong limit up again? Haha.

Posted by TheYolo > 2020-08-07 01:16 | Report Abuse

@tvz32 You will be surprise how many rich people in our country that will buy from PK coz of its reputation. And no one ask you to sell your gold jewelleries after you bought it right? You buy gold jewelleries for long term investment and fashion purpose. I will still dump my money in gold now given that all central banks around the world doing the same thing, which is, PRINTING UNLIMITED CURRENCY. And this is the Main concern. Try to view things from different angle and it will change your mind.

Posted by Wingyap > 2020-08-07 01:17 | Report Abuse

Bank of America says prices could hit $3,000 within 18 months. Sure- rise to $2,500 but were likely to go further.

Posted by TinyInvestor > 2020-08-07 03:49 | Report Abuse

Other Potential Gold Company:-

Niche Capital Emas Holdings Bhd (Nice)

Already +100% just in a day.

Posted by puayhwa08 > 2020-08-07 07:28 | Report Abuse

gold is 2083.2 $$

Posted by KSLI > 2020-08-07 07:29 | Report Abuse

Hooray HooRAYYY!! Good news!!

Posted by Springtime > 2020-08-07 07:49 | Report Abuse

https://www.youtube.com/watch?v=9eEMt8tS9TM&t=5s
The real gold miner where money is coming out of the ground

Posted by Trade111 > 2020-08-07 07:49 | Report Abuse

Great run today

Posted by Invest_888 > 2020-08-07 08:00 | Report Abuse

Gold price goes up unstoppable since broke USD2000. This year gold price target is USD2300.

Posted by CUTLOST > 2020-08-07 09:21 | Report Abuse

Finally hit my own tp with nice

Posted by foreverchung > 2020-08-07 09:34 | Report Abuse

Hold on guys, wait for a major dip then baru chase. Don't say I no tell you. Today limit up is got chance, but chase high kena burn also got chance.

Posted by sd99 > 2020-08-07 09:38 | Report Abuse

holding...the force is there to push up slowly...hopefully can limit up 1.80 liao!
then monday will be a good one...

Posted by sd99 > 2020-08-07 09:40 | Report Abuse

need to break the 1.70.....tiny block there

Posted by sd99 > 2020-08-07 09:41 | Report Abuse

Confirm limit up today! :)

Posted by watsupking > 2020-08-07 09:45 | Report Abuse

finally break 1.7

Posted by NESARAJAH1 > 2020-08-07 09:52 | Report Abuse

Wow. Congrats all. Anyrime limit up

Posted by bojed > 2020-08-07 10:05 | Report Abuse

It's obvious somebody doesn't want Poh Kong to limit up today hahaha maybe they want to race against Tomei next week.

Posted by ctern900225 > 2020-08-07 10:06 | Report Abuse

Turbo open at 10.40am......

Posted by ctern900225 > 2020-08-07 10:06 | Report Abuse

Stay tune....

Posted by TheYolo > 2020-08-07 10:09 | Report Abuse

@ctern please dont make it limit up so that it still can rise 28% next Monday hehe

Posted by bojed > 2020-08-07 10:10 | Report Abuse

TheYolo: smart game ha!

Posted by foreverchung > 2020-08-07 10:17 | Report Abuse

@ctern900225 please turbo downwards so ppl can enter, hopefully directors throw another few m shares for us to play around ~

Posted by alkanphel > 2020-08-07 10:27 | Report Abuse

please dont limit up!!!

Posted by tehO > 2020-08-07 10:29 | Report Abuse

kenapa tak nak limit up?

Posted by hengsame > 2020-08-07 10:32 | Report Abuse

Limit up is ok, no suspension. Only 2 consequent limit up only got suspension

Posted by hengsame > 2020-08-07 10:33 | Report Abuse

Yesterday Poh Kong no limit up. So today can go for limit up

Posted by alkanphel > 2020-08-07 10:34 | Report Abuse

Oh yeah! so today can limit up! :D

Posted by bojed > 2020-08-07 10:35 | Report Abuse

So close yet so far hahaha

Posted by NESARAJAH1 > 2020-08-07 10:36 | Report Abuse

It wont b limit up. It will close at 1.79. Q at 1.80 is 100k over. Prevent limit.

Posted by bojed > 2020-08-07 10:39 | Report Abuse

You don't need for it to limit up.

+25% every single day until Merdeka is enough hahahah!

Posted by alkanphel > 2020-08-07 10:41 | Report Abuse

What if gold price fall over the weekend?

Posted by NESARAJAH1 > 2020-08-07 10:42 | Report Abuse

Trade at your own risk

Posted by hengsame > 2020-08-07 10:44 | Report Abuse

gold price is on the up trend as US dollar is weak

Posted by tehO > 2020-08-07 11:03 | Report Abuse

macam nak limit up je ni. dah dekat ni.

Posted by foreverchung > 2020-08-07 11:04 | Report Abuse

We should do 99% till limit up ma everyday .. baru got chance play ma ..

Posted by ZIVENLEE > 2020-08-07 11:06 | Report Abuse

yes....hope just till 99%

Posted by bojed > 2020-08-07 11:07 | Report Abuse

LIMIT UP!

Posted by Chow Huat Huat > 2020-08-07 11:08 | Report Abuse

410

Posted by bojed > 2020-08-07 11:09 | Report Abuse

alkanphel: then gold-related counters will drop too la. It's the same as other counters, you will always have the risk of gaining profit or loss.