POH KONG HOLDINGS BHD

KLSE (MYR): POHKONG (5080)

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Last Price

1.15

Today's Change

+0.01 (0.88%)

Day's Change

1.14 - 1.15

Trading Volume

807,400


5 people like this.

4,115 comment(s). Last comment by ahbah 2 days ago

TheYolo

121 posts

Posted by TheYolo > 2020-08-10 08:46 | Report Abuse

Sure up. Gold price rebounded, usd2100 coming soon

NESARAJAH1

398 posts

Posted by NESARAJAH1 > 2020-08-10 09:12 | Report Abuse

What happened

Posted by jackie_chan1542 > 2020-08-10 09:20 | Report Abuse

rebound please

Valgrovest

1,237 posts

Posted by Valgrovest > 2020-08-10 09:37 | Report Abuse

Run....prices have gone up too crazily.

Posted by ctern900225 > 2020-08-10 09:38 | Report Abuse

Sold.. Please run guys..

Invest_888

1,061 posts

Posted by Invest_888 > 2020-08-10 09:40 | Report Abuse

US will keep low interest and print more money to keep economy alive. Need not to beg for gold price to rebound, market will act according to fact. Ultra rich families and investment firms will act to protect their wealth by buying gold. Moreover, gold production growth rate is small every year. US and China confrontation will always keep on increasing at least before the end of US election 2020.

sd99

805 posts

Posted by sd99 > 2020-08-10 09:41 | Report Abuse

lol...run for what? weaklings will suffer..

Posted by indexnoobie123 > 2020-08-10 09:41 | Report Abuse

volume too low. will hold n wait. big boys still there

tvz32

496 posts

Posted by tvz32 > 2020-08-10 09:53 | Report Abuse

All the wealthy people already bought gold when it was sub usd2k la. US printing money is known for months already. Only fools will buy at this level

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

Directors sold a lot of shares last Friday, should follow their example, don't rush in

Posted by JDinvestor > 2020-08-10 10:37 | Report Abuse

Same as what I expected. All crushed.
Foreign investor retreat, director & shareholder take profits.
Gold price increase 0.5-1% increase 10-20% in shares.
Gold price slightly drop 0.5-1% the drop will be 10-20%.

Samuelgold

184 posts

Posted by Samuelgold > 2020-08-10 11:06 | Report Abuse

Huge discount, it's time to accumulate b4 too late

Samuelgold

184 posts

Posted by Samuelgold > 2020-08-10 11:08 | Report Abuse

For those who believe gold price will continuous goes up I think this is a good entry point

Kevin Tam

533 posts

Posted by Kevin Tam > 2020-08-10 11:36 | Report Abuse

Profit taking started from overvalued top 4 glove counters then careplus n comfort ... Gold will remain at USD2000-2150 for next few months but both Poh Kong n Tomei has gone up from last 6 month average price of 52-57 cents to 1.60-1.75 (Tomei even 20 cents higher than Poh Kong)... Malaysians lack of platform to invest in gold coins , investing gold at USD1800-2000 to hedge against inflation n falling purchasing power of ringgit or USD not really crazy ... Maybe 1.70 n above for Poh Kong is expensive n half crazy ... :)

Posted by Alvin Ng > 2020-08-10 11:37 | Report Abuse

boss tell me poh kong evening will limit up

Kevin Tam

533 posts

Posted by Kevin Tam > 2020-08-10 11:38 | Report Abuse

Profit taking n correction from glove counters , the profit taking effect spread to other health care counters n gold related counters.... Top 4 glove counters may face 10-13% correction from Friday closing prices ....

sd99

805 posts

Posted by sd99 > 2020-08-10 11:58 | Report Abuse

contra players will be flushed... best is to buy and hold position!

Posted by RoyalExpert > 2020-08-10 12:37 | Report Abuse

Afternoon will have huge buy back! because Gold price increase again.

tvz32

496 posts

Posted by tvz32 > 2020-08-10 12:54 | Report Abuse

Gold price increased by 0.11% the last i checked, that justifies a huge buy back?

sd99

805 posts

Posted by sd99 > 2020-08-10 13:35 | Report Abuse

Gold will rise and rise...it goes down for correction & profit taking, that is all!

some people in this forum don't even own any Poh Kong share...but like to read comments, make comments and monitor on the sidelines...wakakaka

Posted by RoyalExpert > 2020-08-10 14:49 | Report Abuse

International TV news just reported that Gold price will break 2500 soon!

Samuelgold

184 posts

Posted by Samuelgold > 2020-08-10 15:02 | Report Abuse

Ya Royal Expert, pity to those who disposed too early

Posted by RoyalExpert > 2020-08-10 15:08 | Report Abuse

Right! Understand those are panic selling. Don't worry, can buy back now.

limkokthye

6,039 posts

Posted by limkokthye > 2020-08-10 15:18 | Report Abuse

tomei up, poh kong down

Posted by RoyalExpert > 2020-08-10 15:19 | Report Abuse

It can be the other way round later. So buy Poh Kong while it is still low to make higher profits.

tehO

81 posts

Posted by tehO > 2020-08-10 15:34 | Report Abuse

aduhai pohkong bila nak rebound ... teruk dah loss ni. habisla. operator tolong bagi rebound sama ini kaunter ...

Posted by RoyalExpert > 2020-08-10 15:45 | Report Abuse

Don't worry tehO, will up before closing!

tehO

81 posts

Posted by tehO > 2020-08-10 15:51 | Report Abuse

10 Aug 2020: The gold rally could forge ahead to $4,000, but analyst says two events could turn its fortunes
https://www.cnbc.com/2020/08/10/gold-prices-amid-coronavirus-pandemic-and-us-elections.html

tehO

81 posts

Posted by tehO > 2020-08-10 15:57 | Report Abuse

“It’s quite easy to see gold going to $4,000,” Frank Holmes, CEO at investment firm U.S. Global Investors, told CNBC on Monday.

Posted by jackie_chan1542 > 2020-08-10 16:37 | Report Abuse

up up poh kong..still losing money here :(

Posted by ZIVENLEE > 2020-08-10 16:40 | Report Abuse

still going down still panic sales....

Posted by derrickinvestor > 2020-08-10 16:43 | Report Abuse

How many ppl get goreng to charcoal? Hehhehe

blurbear

20 posts

Posted by blurbear > 2020-08-10 17:12 | Report Abuse

become ashes like Thanos' snap liaooooo

moneytr33

545 posts

Posted by moneytr33 > 2020-08-10 17:15 | Report Abuse

Should have bought tomei solid 1.54

Kevin Tam

533 posts

Posted by Kevin Tam > 2020-08-10 17:20 | Report Abuse

Those bought below 80 cents only having lower profit per shares ... Poh Kong n Tomei 3 times more solid than Niche , many ppl go to goreng Niche at 30-40 cents..... Niche is small company with only 15-16 mil inventory, already expensive at 30 cents...

SiLiaw

209 posts

Posted by SiLiaw > 2020-08-10 17:21 | Report Abuse

price will drop below RM1 soon

UncleFollower

1,657 posts

Posted by UncleFollower > 2020-08-10 17:59 | Report Abuse

Gold up up up

ahwong95

166 posts

Posted by ahwong95 > 2020-08-10 18:02 | Report Abuse

the shareholder sell all the shares to retailer. walao a

Posted by Speculator123 > 2020-08-10 18:14 | Report Abuse

Better run

limkokthye

6,039 posts

Posted by limkokthye > 2020-08-10 18:58 | Report Abuse

ahwong95 the shareholder sell all the shares to retailer. walao a
then we all be poh kong boss

tvz32

496 posts

Posted by tvz32 > 2020-08-10 19:43 | Report Abuse

Directors are disposing, gold price have stagnate and likely will drop. Next door glove counter announced record profits. Only natural for Bursa punters to abandon gold and hop over to gloves

Kevin Tam

533 posts

Posted by Kevin Tam > 2020-08-10 21:02 | Report Abuse

Only Topglove n Supermax can deliver quarterly profit near expectation, other r overvalued n too expensive.... investing in glove counters are even more dangerous than investing/ speculating in other counters...

Posted by talktrue > 2020-08-10 21:09 | Report Abuse

No worry, Tomei Share price is higher than Poh Kong, Poh Kong will chase back it and has more potential to go up share price. cheers.

Posted by Shawalrich87 > 2020-08-10 21:24 | Report Abuse

Analyst forecast gold would be trade at usd 2500 at the end of this year, so hold your stock. This just profit taking and break before share price hit rm2.00 in this week in line with the expectation gold future will break usd2100. Fundamental investor vs daily investors use different approach.. safe be fundamental investors as they look for long term.. gold have cool down time...but gold price indicate strongly on uptrend after profit taking now head to usd2100 resistance level. Buy low , sale high, if you stick to trading plan for cut loss and profit margin..

Posted by talktrue > 2020-08-10 21:46 | Report Abuse

Now gold price still going up today in USA market... Cheers

sd99

805 posts

Posted by sd99 > 2020-08-10 21:47 | Report Abuse

Yep, its climbing and looks uptrend...let it how it goes for the rest of the day.

Posted by Shawalrich87 > 2020-08-10 22:04 | Report Abuse

Gold up +1.38% or +$usd27.80 to trading at 2045.80 and still heading up break resistance level 2050 and subsequent resistance level 2080..I bet tomorrow will hit new high price gold future at usd2100. Just have faith.. can't wait to see gold price stock rally ...

Huntsman

155 posts

Posted by Huntsman > 2020-08-10 22:39 | Report Abuse

standyyyy. gold comeback rally to the skyyy

PharmaAce

19 posts

Posted by PharmaAce > 2020-08-10 22:43 | Report Abuse

https://gov.capital/commodity/gold/

Gold Price Prediction

tvz32

496 posts

Posted by tvz32 > 2020-08-10 22:50 | Report Abuse

At least glove makers have the numbers to back up their valuation and the order books to justify future value. The lousiest glove maker can report 100% jump in profits.

Poh kong reported a loss of 2 mil in the preceding quarter. This was also the quarter where MCO was enforced signaling that its profits come mainly from retail sales. So have retail sales recovered significantly since April to support the 2-3x price action? Do you see people lining up to buy gold?

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