Posted by bojed > 2020-08-07 18:27 | Report Abuse

"Gold Bulls Still In Control, But For How Long?"

http://uk.investing.com/analysis/gold-bulls-still-in-control-but-for-how-long-200445012

"Gold remains extremely overbought on a near to medium term basis but in our view, once any near term corrective move/profit-taking plays out, we still believe that the fundamentals on gold will underpin for a stronger gold price in the coming months. Loose global monetary policy for many months (and possibly years) to come, will keep real yields subdued/negative and should continue to mean gold is attractive. Subsequently, this is still a good environment to be buying gold into supported weakness."

Ka-$hing!
07/08/2020 5:58 PM

Posted by chopstick > 2020-08-07 20:44 | Report Abuse

scarly , directors is dumping like nobody business

Posted by tehO > 2020-08-07 20:50 | Report Abuse

Director pon mahu main saham jugak. Mana boleh tahan tengok semua orang buat duit sebab harga gold naik..

Posted by Kevin Tam > 2020-08-07 21:04 | Report Abuse

Those said investors who investing in Poh Kong or Tomei being irrational , is kind of irrational... Poh Kong holding 550-560 mil of gold inventory at last year end n most of their gold bought at below USD1500 ( last year Aug to Dec ) n with net debt of about 150 mil , it has solid balance sheet ... The gold holding value has gone up 35-38% ( from USD1480-1500 to this week USD2030-2070), the gold golfing has gone up to more than 760 mil ..... For Malaysian retail investors, investing in gold papers is kind of unwise due to high difference of buying n selling price n very few platform/ places for us to buy physical gold like gold coins or gold bar..... lack of options of investing in gold become one of the factor for some to invest in Poh Kong n Tomei ...

Posted by limkokthye > 2020-08-07 21:31 | Report Abuse

gold will stable until next week

Posted by bojed > 2020-08-07 21:33 | Report Abuse

Gold papers? You must be kidding me mate!

Posted by tvz32 > 2020-08-07 21:47 | Report Abuse

Dollar is strengthening and gold price is slipping

Posted by tehO > 2020-08-07 21:47 | Report Abuse

Gold ada macam macam. Gold jongkong gold cincin gold coins sampai lah gold paper untuk buat hiasan makanan di restoran antarabangsa. Jangan salah sangka Poh Kong ni jual gold yang macam mana. Dah namanya Poh Kong .. tentulah jual gold yang macam ginu

Posted by mf > 2020-08-07 22:05 | Report Abuse

Gold 2,034.45 -23.95 -1.16%

Posted by limkokthye > 2020-08-07 22:21 | Report Abuse

walao, gold drop now, limit down

Posted by mf > 2020-08-07 22:22 | Report Abuse

Gold 2,026.80 -31.60 -1.54%

Posted by TheYolo > 2020-08-07 22:28 | Report Abuse

Please limit down on Monday so i can all in :D

Posted by limkokthye > 2020-08-07 22:40 | Report Abuse

gold can maintain 2000, poh kong also ho seh liao

Posted by tvz32 > 2020-08-07 23:46 | Report Abuse

When gold went up 1%, this counter went up 30%. So now that gold went down 1%, what should happen to the price?

Posted by tehO > 2020-08-08 00:16 | Report Abuse

halia tongkat ali

Posted by Huntsman > 2020-08-08 01:48 | Report Abuse

-40 already. Lan liaoooo

Posted by NESARAJAH1 > 2020-08-08 07:58 | Report Abuse

Its s correction. Too buzy to accumulate. Safest Haeven and Hedge for your funds is Gold.

Posted by KSLI > 2020-08-08 08:13 | Report Abuse

https://schiffgold.com/peters-podcast/peter-schiff-people-dont-understand-the-significance-of-2000-gold/

Posted by puayhwa08 > 2020-08-08 10:05 | Report Abuse

Please sell so that we can accumulate more.
Who do u don’t trust? Mr Donald.

Posted by BZai727 > 2020-08-08 10:19 | Report Abuse

Can move higher?

Posted by abc123_2020 > 2020-08-08 10:58 | Report Abuse

3 sektor yang mendapat manfaat daripada krisis kini (KRISIS COVID-19 DAN EKONOMI):
Glove /PPE/ Peralatan Healthcare/Chemical
Teknologi / Automation
GOLD !!!!! GOLD !!!! GOLD !!!! (Still Lagging)


KRISIS COVID-19
Berkait Glove /PPE/ Peralatan Healthcare/Chemical

Level 1: Already UP > 700 % - TOPGLOVE, KOSSAN, HARTA,SUPERMX
Level 1: Already UP > 700 % - CAREPLUS, RUBEREX, COMFORT, OCNCASH, ADVENTA, ESCERAM
Level 3: Already UP > 300 % - NOTION, PECCA, EG, SCGM, PRLEXUS,LKL, HLT
Level 4 : Already UP > 300 % - Penny stock ( so many LOI,MOU, JV, Rumour and bla2) ANZO, PERMAJU, MQTECH, AT, CAELY, ICONIC, NIHSIN, TEKSENG, ASIAPLY, K1 ++ so many

Krisis Covid-19

Berkait Teknologi / Automation

Level 1: DUFU, PENTA, VITROX, GREATEC, UWC, MI, FRONTKN,
Level 2: JCY, PRESBHD,
LEVEL 3: Teknology Penny stock


2 PERKARA : Berkait COVID-19 + EKONOMI KRISIS (Package Stimulus)

GOLD !!!!! GOLD !!!! GOLD !!!! ( if maintain at least USD2000 )

New sector yang people ignore it and start to FLY HIGH and LIMIT UP next coming week
(maybe > 500% also in the making)

Level 1 : Already UP > 300% - POHKONG, TOMEI, BAHVEST
LEVEL2 : Already UP > 500 % - NICE
LEVEL 3 : Fresh from oven and start to warm UP : BORNOIL, ORION !!!

Next coming WEEK, should be time for GOLD ! GOLD !!! GOLD !!! GOLD !!!

Posted by jazz2pai > 2020-08-08 11:12 | Report Abuse

gold uptrend next week... normal friday market...

Posted by wallstreetrookie > 2020-08-08 11:12 | Report Abuse

next week Carepls/Comfort/Adventa/LKL all go up. This is healthy correction. Congrats!!! Gold price drops. People come back with huge profits from goreng stocks to this fundamentally strong counter.
Stocks on watchlist:
1. Carepls (Glove)
2. Adventa (Glove + Healthcare)
3. Comfort (Glove)
4. LKL (Healthcare)

Posted by stockraider > 2020-08-08 11:23 |

Post removed.Why?

Posted by wallstreetrookie > 2020-08-08 11:24 | Report Abuse

next week Carepls/Comfort/Adventa/LKL all go up. This is healthy correction. Congrats!!! Gold price drops. People come back with huge profits from goreng stocks to this fundamentally strong counter.
Stocks on watchlist:
1. Carepls (Glove)
2. Adventa (Glove + Healthcare)
3. Comfort (Glove)
4. LKL (Healthcare)

Posted by stockraider > 2020-08-08 11:26 | Report Abuse

Just sell below GORENG stock loh...!

Posted by wallstreetrookie > Aug 8, 2020 11:24 AM | Report Abuse

next week Carepls/Comfort/Adventa/LKL all go up. This is healthy correction. Congrats!!! Gold price drops. People come back with huge profits from goreng stocks to this fundamentally strong counter.
Stocks on watchlist:
1. Carepls (Glove)
2. Adventa (Glove + Healthcare)
3. Comfort (Glove)
4. LKL (Healthcare)

Posted by Springtime > 2020-08-08 12:50 | Report Abuse

Haha got people here looking for suckers to exchange their gold for rubber. Got so many foolish people meh.

Posted by Richv92 > 2020-08-08 13:13 | Report Abuse

Don’t be stupid. Glove and rubber count will drop next week. Remember gold is king. Some people bought at high price at glove counter and been stuck there, keep spread news that glove counter next week all up so he can run as fast so that u trap by him.

Posted by khpwwl > 2020-08-08 13:16 | Report Abuse

Gold will up again, now not cash in King is gold in King.... Hahaha

Posted by Smileyface > 2020-08-08 13:23 | Report Abuse

May I know monday malaysia what time gold start to move?

Posted by Oldtownguy > 2020-08-08 13:24 | Report Abuse

Gold price may further up, low intetest rate at world, us dollar index will drop,gold price will continue up like year start 2009 crisis.history will happen again at cycle economy game. Let see

Posted by Smileyface > 2020-08-08 13:24 | Report Abuse

May I know on Monday Malaysia what time gold price start to move or trade?

Posted by tvz32 > 2020-08-08 14:19 | Report Abuse

This is pretty much the ceiling price for gold in the short term. The only way is down from here. Even if you think gold is a good hedge, why this counter? Gold is a commodity just like oil, when you think oil price will increase, you go for oil producers. Poh kong is not a gold miner/producer

Posted by newbie9893 > 2020-08-08 15:06 | Report Abuse

all the gold counters will drop on monday due to gold huge dropped last night. I already sold all BV & swift to mahsing..good luck to those still hold tight

Posted by BZai727 > 2020-08-08 15:07 | Report Abuse

Poh Kong has gold inventory. Just wondering does that has any mark to market which might impact the P&L? Any accounting Sifu here can advise?

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

Another joker, asking people exchange gold for bricks. Better take some bricks to knock your head. Gold is King.

newbie9893 all the gold counters will drop on monday due to gold huge dropped last night. I already sold all BV & swift to mahsing..good luck to those still hold tight

Posted by abc123_2020 > 2020-08-08 17:15 | Report Abuse

semua orang pandai..hahaha..let market decided it next week..HOPE U GET HUGE PROFITS.

Posted by puayhwa08 > 2020-08-08 17:57 | Report Abuse

Anybody is looking at bitcoin, similar pattern to gold trend if notice. USD is weakening.. haven’t even Sunday also weakened. Gold all d way up similar to bitcoin very very soon. Hold tight tight guys

Posted by jazz2pai > 2020-08-08 18:53 | Report Abuse

semua berteka teki

Posted by stockraider > 2020-08-08 19:22 | Report Abuse

Correctloh...in Gold We Trust mah...!!

Posted by Springtime > Aug 8, 2020 5:10 PM | Report Abuse

Another joker, asking people exchange gold for bricks. Better take some bricks to knock your head. Gold is King.

newbie9893 all the gold counters will drop on monday due to gold huge dropped last night. I already sold all BV & swift to mahsing..good luck to those still hold tight

Posted by eveong87 > 2020-08-08 19:53 | Report Abuse

Thanks Poh Kong ... i have made my bucks and switching to NICE - gold counter which has yet to limit up, last Friday closing 0.40

Posted by stockraider > 2020-08-08 19:54 | Report Abuse

Hold tight tight loh..!

Posted by menort > 2020-08-08 21:18 | Report Abuse

Monday going to have panic sell on gold counter. Current World gold price got decrease.

Posted by BZai727 > 2020-08-08 21:35 | Report Abuse

1.9 on Monday?

Posted by BZai727 > 2020-08-08 21:44 | Report Abuse

Big boys are coming in on Monday afternoon. Get ready your bullet!

Posted by Trade111 > 2020-08-08 21:52 | Report Abuse

Gold frenzy to continue on Monday

Posted by Trade111 > 2020-08-08 21:52 | Report Abuse

Sentiments is strong

Posted by BZai727 > 2020-08-08 22:24 | Report Abuse

Not only sentiment. Poh Kong has gold inventory which will be mark to the market price and reflected on the profit and loss account. With the current trend, easily another 30% up compare to the usual quarters.

Posted by Vitamin > 2020-08-08 22:25 | Report Abuse

for a smart investor, Bornoil is more worth the dollar and cents. Bornoil the gold miner is more profitable and currently sitting on a 600KG gold inventory. Go count yourself how much is this 600KG worth based on USD2000, USD2500 or even USD3000 gold price.

Monday for sure Bornoil LIMIT UP!

Posted by BZai727 > 2020-08-08 22:28 | Report Abuse

Those still take time and effort to dig out from the ground, even if it is true.poh Kong has ready inventory. Let's see who will enjoy the benefit faster.