Posted by greedy44444 > 2020-08-12 01:18 | Report Abuse

Major shareholders very smart... millions of PohKong shares sold off last week during the limit up period. Who is the lucky one holding their share now ?? Heading south today... definitely as gold price slumped 4.3% as now in world market !!

Posted by Zuliana > 2020-08-12 01:51 | Report Abuse

Gold illusion, gotten so many bilis trapped

Posted by georgethefirst > 2020-08-12 02:58 | Report Abuse

gold price down 5% overnight, RIP

Posted by mf > 2020-08-12 03:41 | Report Abuse

1,931.00 -99.30 -4.89%

Posted by hope4best178 > 2020-08-12 06:11 | Report Abuse

dont panic, us dollar drop today

Posted by tai yee > 2020-08-12 06:46 | Report Abuse

USD drop. isn't it even worst for gold ? count in usd

Posted by MichelleNg > 2020-08-12 06:49 | Report Abuse

Directors sold more than 8millions shares. why you still want to buy high? Wait until below 50cents

Posted by warchest > 2020-08-12 06:52 | Report Abuse

https://www.google.com/amp/s/oilprice.com/Latest-Energy-News/World-News/Gold-Prices-Plunge-Below-2000-After-Explosive-Rally.amp.html

Posted by lamy92 > 2020-08-12 06:57 | Report Abuse

Releks dont panic selling.. Gold take time to rest before pullback again..

Posted by Kevin Tam > 2020-08-12 07:08 | Report Abuse

It is normal for gold to go back to USD1900-1960 per ounce after going up to USD2030-2070... Those jewellery shops will be able to sell gold accessories n gold bars easier n faster at USD1900 per ounce than USD2050-2100 per ounce ... Dont panic selling gold related counters, with Unlimited QE of the US n weakening US dollar trend these 2 months , gold will go up to USD2050 again in near future... Too much bad news don’t mean retail investors to sell all of their holdings, bad move indeed

Posted by Helloqq > 2020-08-12 07:26 | Report Abuse

Lmao, when gold price up you never said lower gold price is good for pohkong?
Best for jew companies to sell fast is when gold price is $1000. What goes up will come down, pohkong gonna limit down for 3days.

Posted by JohnFook > 2020-08-12 07:42 | Report Abuse

Sharks all exited. Punters, gamblers those uncles trying to make themselves relevant are caught ....balls got stuck.......this is a grand design master piece trap!!!!

Posted by JohnFook > 2020-08-12 07:43 | Report Abuse

Shareholders must be rolling on the floor and laughing

Posted by Kevin Tam > 2020-08-12 07:44 | Report Abuse

It is really true, don’t just look at sales per month of those jewellery shops n those half sifu said Poh Kong is overvalued ( to compare with average 50-56 cents before the rise of share prices)... it is their holding of gold that make them worth more than 1.20.... If those ppl said Poh Kong n Tomei r hard to sell their gold accessories, then USD1900 not a better position to sell more gold accessories than USD2050 n above ? :)

Posted by JohnFook > 2020-08-12 07:52 | Report Abuse

Last night gold futures took a deeppppp dive

Posted by Helloqq > 2020-08-12 07:55 | Report Abuse

Lol, Kevin tam what did u smoke? Gold price up is not good to shops like tomei n poh kong, which means their share price was goreng since July till now. You work in gold shop or not? Your comparison basis should be poh kong n tomei sell more when gold price is at USD 1700 vs now 1900.
If you own a position, stop rationize and cut loss.

Posted by greedy44444 > 2020-08-12 07:58 | Report Abuse

Limit down today very likely as gold price slump another 1.5% as of now !! No hope for rebound.

Posted by Kevin Tam > 2020-08-12 07:58 | Report Abuse

But many sources said the Malay still purchasing gold accessories at jewellery shops after gold reach USD1900 per ounce ... U bother your own business enough ...

Posted by Helloqq > 2020-08-12 08:01 | Report Abuse

Pls stay away from high floor. Gold price yesterday dropped $102, today just 1 hr dropped $27 further already, may be another slaughter day.

Posted by Kevin Tam > 2020-08-12 08:07 | Report Abuse

Just healthy correction for gold price after 3-4 weeks keep going up ... With the uncertainty of world economy n the US unlimited QE, gold price will bounce back to USD2000-2100 in few weeks ...

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

Gold 1910. good luck for those still inside...

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

economy no good luxuries demand low sales drop la...pohkong not the gold mining ...just pump and dump

Posted by Kevin Tam > 2020-08-12 08:15 | Report Abuse

Malaysia still don’t have gold mining listed companies n even got 1, just a making lossses mining company....

Posted by JohnFook > 2020-08-12 09:00 | Report Abuse

Racist remark saying Malay buying...chinese not buying.....we don't need racist here

Posted by jackie_chan1542 > 2020-08-12 09:12 | Report Abuse

losing 50% of investment...

Posted by goreng_kaki > 2020-08-12 09:13 | Report Abuse

追高的该死

Posted by mitchy09 > 2020-08-12 09:16 | Report Abuse

Major shareholder and owner also took opportunity to dump, what you guys holding on for?? margin call lo, all the way down.

Posted by rezzare > 2020-08-12 09:21 | Report Abuse

come o

Posted by Invest_888 > 2020-08-12 09:24 | Report Abuse

Gold price drops most probably due to Russian new covid-19 vaccine news, and other countries good covid-19 vaccine news as well. Same drops as glove stocks even with good quarterly result. If vaccine effectiveness is more than 90%, all governments will let things go back to normal.
But, bad damages were done, many businesses and people still need a lot of money from governments. Therefore, more printing money still goes on. US-China confrontation at least will go on until the end of US election 2020.
When gold price stabilizes, will buy Poh Kong again, even got some shares are trapped above RM1.

Posted by hao5501 > 2020-08-12 09:30 | Report Abuse

bro..... gold price up... u all tot these tomei, pohkong, etc sales will boost???? its only Assets up.... LOL...... Goreng only.. its time to go holland... congrats to those take profit earlier....

Posted by goreng_kaki > 2020-08-12 09:38 | Report Abuse

congratz for those uncle aunty youngster goreng stock without proper knowledge ~~
梦想一夜暴富，现在输到脱裤

Posted by Matt2020 > 2020-08-12 09:43 | Report Abuse

https://www.institutionalassetmanager.co.uk/2020/08/10/288387/gold-mining-funds-see-further-equities-upside-gold-price-tops-usd2000

Posted by tvz32 > 2020-08-12 09:54 | Report Abuse

Gold is supposed to be a safe haven, a hedge during times of uncertainty. Gold has only declined 5-7% so far, yet this joke of a counter lost >50% in a matter of days. Stay away is my advice

Posted by masterus > 2020-08-12 09:57 | Report Abuse

Gold Price Analysis: XAU/USD retraces biggest losses in seven years above $1,900
August 11, 2020 10:53 GMT | By Anil Panchal
Gold Price Analysis: XAU/USD retraces biggest losses in seven years above $1,900
Gold prices carry bounce off $1,901.52, the lowest in two weeks.
US dollar gains, mixed sentiment triggered the bullion’s biggest daily slump since April 2013.

Posted by masterus > 2020-08-12 09:58 | Report Abuse

Safe haven is sinking. The ship carried safe haven also sinking. Run for your life.

Posted by kentrade888 > 2020-08-12 10:01 | Report Abuse

https://www.sinchew.com.my/content/content_2323458.html?fbclid=IwAR38DyFiFZ0YPNMGc8uAPx9WlhYMQ2r6NdrQBt9n9y0Brg5Tor-fdbNXs78

Posted by Johnson Wong > 2020-08-12 10:07 | Report Abuse

With uncertainties, Gold still the safest investment

Posted by tvz32 > 2020-08-12 10:13 | Report Abuse

Please stop equating gold the commodity with this gold retailer. People must know the difference

Posted by Invest_888 > 2020-08-12 10:13 | Report Abuse

Queue to buy at RM0.75

Posted by Kevin Tam > 2020-08-12 10:18 | Report Abuse

Then smart investors like TVz32, investing in what counters ? Care to tell n share ...

Posted by Kevin Tam > 2020-08-12 10:19 | Report Abuse

Then smart investors like TVz32, investing in what counters ? Care to tell n share ...

Posted by Kevin Tam > 2020-08-12 10:20 | Report Abuse

Today whatever counters also dropping more than 7-8%..... most of the counters which have gone up 100% in last 30-50 days ...

Posted by masterus > 2020-08-12 10:36 | Report Abuse

Gold prices dropped, holding physical gold as stock also loss.
Gold prices up, holding physical gold as stock also earned profit as gold in retail store is in market price.

Posted by masterus > 2020-08-12 10:41 | Report Abuse

Silver Price Analysis: XAG/USD continues to dive and briefly printed below $25
August 11, 2020 07:35 GMT | By Rajan Dhall, MSTA
Silver Price Analysis: XAG/USD continues to dive and briefly printed below $25
Silver is trading 13.7% lower on Tuesday as the rout on precious metals continues.
USD 25 per troy ounce could be an important support level to watch.

Posted by dompeilee > 2020-08-12 10:43 | Report Abuse

Bought PohKong @ 75.5c-76c

Posted by masterus > 2020-08-12 10:48 | Report Abuse

Palladium (XPDUSD) Up $43.18 On 4 Hour Chart, Started Today Down 5.8%; Crosses 20 Day Moving Average
TagsPalladium
August 12, 2020 by cfdtrading

Posted by mf > 2020-08-12 11:13 | Report Abuse

Gold Contract

Real-time derived

Create Alert
Add to Portfolio
1,901.80 -44.50

Posted by derrickinvestor > 2020-08-12 11:27 | Report Abuse

I think pk will retract back to 0.30...

Posted by Shawalrich87 > 2020-08-12 11:28 | Report Abuse

Drop this counter, you will loss most of your capital.. many people here loss more than 30%-70% some loss more than 5k.

Posted by Invest_888 > 2020-08-12 11:40 | Report Abuse

Gold price starts to stabilize. Maybe Goreng to RM1.8 is too high at USD2080. Last week many counters flied to high. Now glove stocks are too high indeed. Poh Kong price at reasonable price unless gold prices go down again.