Posted by Invest_888 > 1 month ago | Report Abuse

Gold price goes higher and higher week by week. It is above USD2250 per ounce, break its historic high again and again. Many reasonable factors contribute to this record breaking price.....Gold can fight the inflation, excess money printing, social and political instabilities,etc...
PohKong is absolutely undervalued.

Posted by Cptzer0 > 1 month ago | Report Abuse

market surely realise how much gold worth lol

Posted by Loh Kok Wai W > 1 month ago | Report Abuse

虽然国际金价大涨特涨。。。但是金店没生意也枉然。。。。

Posted by Invest_888 > 1 month ago | Report Abuse

Noticed that more people buy gold during this festive sensons and higher gold price period. Target gold prices is USD2500 in 2024.
Gold price goes higher and higher week by week. It was above USD2240 per ounce this Monday, above USD2250 per ounce yesterday, it was USD2260 per ounce today morning. It is above USD2280 NOW. Keep on breaking its historic high again and again. Many reasonable factors contribute to this record breaking price.....Gold can fight the inflation, excess money printing, social, political instabilities, lower US interest rate soon, etc...
PohKong is absolutely undervalued.

Posted by ks55 > 1 month ago | Report Abuse

Q2 compared with Q1, revenue increased by 48%.
Q2 gold price is very much higher than Q1.
And for Q3 gold price surge much higher than Q2.
We expect revenue for Q3 will increase by about 50% as major festival (CNY, Hari Raya and Hindu wedding season) and profit will be around 10 to 15 sen per share.

Posted by ahbah > 1 month ago | Report Abuse

Please hold on tight. Poh Kong is on an uptrend now !!! 😋😋😋

Posted by Invest_888 > 4 weeks ago | Report Abuse

PohKong is around USD2290 per ounce. Anyway, POHKONG earning will be fantastic at USD2100 per ounce, now it is close to USD2300. Dropped in 0.5cent is not normal. Should goes up instead.

Posted by ahbah > 4 weeks ago | Report Abuse

Grossly undervalued. 😁😁😁

Posted by Invest_888 > 4 weeks ago | Report Abuse

PohKong is the most undervalued gold stock. In terms of yearly calculation: PE= 4.64, NTA = RM1.95 with high inventory which is counted less than 25-30% less value than today gold value.
Latest quarterly(NOV2023, DEC2023 & JAN2024) earning per share result after tax was 6.88cent.
Below was the average gold price per ounce in US DOLLAR for the following month:
NOV2023 was USD1980
DEC2023 was USD2025
JAN2024 was USD2030.

Coming quarterly the result will be burst as gold price shooting to even higher level and with great business due to festive season(Chinese new year, Hari Raya, etc). The gold price as below.

FEB2024 was USD2130
MAR2024 was USD2170
APR2024- NOW was USD2270

Coming quarterly result at least will be more than 10cent as the net earning coming from minus all the cost. Price @ USD2000 per ounce Poh Kong earning was 6.88cent. At average price around USD2200 per ounce and higher revenue during this festive period, the earning at least more than 10cent or historical high in earning. So, the share price should be historic high as well. Hope can see the limit up soon or more than 30% increase in share price.

Posted by Invest_888 > 4 weeks ago | Report Abuse

GOLD is now USD2288.

Posted by mamakspecial > 3 weeks ago | Report Abuse

lol..careful..the high value good tax is coming...dont know how it will affect poh kong yet..

Posted by ks55 > 3 weeks ago | Report Abuse

Not before June, by then Hari Raya and Hindu wedding season already over.
Poh Kong Q3 ends on 30 Apr.

Posted by ahbah > 3 weeks ago | Report Abuse

Jewellers are heaving a sigh of relief as the High-Value Goods Tax (HVGT) has been deferred, even if only temporarily. The government announced on Thursday (March 28) that the plan to implement the HVGT from May 1 has been indefinitely shelved as the Finance Ministry had not presented the Bill in Parliament yet.

Posted by ahbah > 3 weeks ago | Report Abuse

Poh Kong ... veri chip, just buy n keep. 😄😄😄

Posted by daretocutandchange > 3 weeks ago | Report Abuse

maybe will move strongly next week,hopefully.....

Posted by ahbah > 3 weeks ago | Report Abuse

Expected lah. 😄😄😄

Posted by Bullballs > 3 weeks ago | Report Abuse

Cheap, cheap, cheap. Sound like a bird going to fly

Posted by Invest_888 > 3 weeks ago | Report Abuse

GOLD is now USD2316 per ounce. Keep going up more, going down a bit, consolidate and going up again.

Posted by Invest_888 > 3 weeks ago | Report Abuse

Gold price is USD2332 per ounce, break record again.

Posted by ahbah > 3 weeks ago | Report Abuse

Poh Kong now on a solid uptrend now ?

Posted by Invest_888 > 3 weeks ago | Report Abuse

Gold price is USD2342 per ounce, break record again.

7 minutes ago

Posted by Invest_888 > 3 weeks ago | Report Abuse

Poh Kong breaks RM1.00.

Posted by Michael Kwok > 3 weeks ago | Report Abuse

Poh kong 97 cents.pohkong earning stronger thn tomei.From my observevation,pohkong will pass rm 1.20
8/4/24 11am

Posted by ahbah > 3 weeks ago | Report Abuse

Now gold is on a solid bull run.
So, just main main the gold related ctrs is enough lah.

Posted by newbie9893 > 3 weeks ago | Report Abuse

i think gold will the next sector to goreng up kaw kaw very soon...marks my works

Posted by newbie9893 > 3 weeks ago | Report Abuse

buy any gold related counters now...to be rewarded very soon

Posted by ahbah > 3 weeks ago | Report Abuse

Korrect, just sapu any gold related ctr U like, please. 🤑🤑🤑

Posted by Invest_888 > 3 weeks ago | Report Abuse

Yes, Poh Kong is confirmed on the the uptrend track now. On 29Mar2024 it was a small signal to catch this stock. It's a clear signal for Poh Kong today which was ignored previously. Hope to break historic high this month.

Posted by sammmy > 3 weeks ago | Report Abuse

already break all time high

Posted by Bullballs > 3 weeks ago | Report Abuse

Poh Kong said it got 800+ million worth of gold inventory in the last report. Believe or not? If dont believe better dont buy. Other people will buy.

Posted by Invest_888 > 3 weeks ago | Report Abuse

Poh Kong share price historic high was around RM1.60 in August 2020 with the gold price at USD2030, USD 1 = RM 4.19. Now USD 1 = RM4.73, GOLD price is USD2340 per ounce. In comparison, notice that the USD appreciates against RM by 13% and the gold price is increased by 15.2%.

Yes, gold inventory is RM858million according to latest quarterly report. At RM1.02, PohKong market capital is only RM410million.
Poh Kong is at very low price with gold business that hedge against uncertainty esp escalation wars now.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=227576&name=EA_FR_ATTACHMENTS

Posted by Joe > 3 weeks ago | Report Abuse

I guess very high possiblyty for Nice to go limit today... This is not empty paper... Solid gold backing.

Posted by dompeilee > 3 weeks ago | Report Abuse

dompeilee

Re-purchased PohKong after selling my last shares in 2022. Gold has broken out of a modified bullish wedge on the monthly chart.

2023-12-04 09:32


FINALLY over $1!🤗📈🥇

Posted by Michael Kwok > 3 weeks ago | Report Abuse

Wah,after i say 1-2 hours it boom.now 1.08-1.10.
8/4/24 3.50pm.
Join me as follower or paid

Poh kong 97 cents.pohkong earning stronger thn tomei.From my observevation,pohkong will pass rm 1.20
8/4/24 11am

Posted by ahbah > 3 weeks ago | Report Abuse

NTA = Rm1.95 which is made up of gold. Poh Kong still got a long, long way to go UP !!! 🤑🤑🤑

Posted by Goldberg > 3 weeks ago | Report Abuse

Invest-888- Interesting information.

Poh Kong share price historic high was around RM1.60 in August 2020 with the gold price at USD2030, USD 1 = RM 4.19. Now USD 1 = RM4.73, GOLD price is USD2340 per ounce. In comparison, notice that the USD appreciates against RM by 13% and the gold price is increased by 15.2%.

Yes, gold inventory is RM858million according to latest quarterly report. At RM1.02, PohKong market capital is only RM410million.
Poh Kong is at very low price with gold business that hedge against uncertainty esp escalation wars now.

Posted by Invest_888 > 3 weeks ago | Report Abuse

@Goldberg
Nice to hear from you. I wait queitly for YTLP if the share price is around RM3.6 to RM3.7. YTLP is a grade AA stock. Crescendo is also a great stock.

Posted by Goldberg > 3 weeks ago | Report Abuse

Thanks Bro for your warm regards. Yes, YTL is a solid stock that is taking a breather after a massive run up. Crescendo is still running but Poh Kong will start sprinting to Rm1.60. Just my 2 cents.

Posted by Fabien _the efficient capital allocator > 3 weeks ago | Report Abuse

Gold intrinsically is a natural hedge against sticky inflation. Look at your typical breakfast menu (commodities market for coffee, cocoa and orange juice at all time high). Energy prices are at elevated levels (crude oil above 90 per barrel) supported by both supply and demand equations:
Supply side = rising geopolitical tension, disruption at russian refineries
Demand side = strong manufacturing data in China & US (latest PMI) indicates strong demand for industrial metals (hence, energy consumption)

Gold is best hedge against geopolitical risk (Israel-Iran, Russia-Ukraine, China-Phillipines, China-Taiwan, Venezuala-Guyana. etc)

US debt levels at all time high. Huge budget deficit + election year heightened uncertanties.

Massive buying of gold from Central Banks of China and Japan. Both countries have been net seller of USD treasuries and buyer of Gold.

Also, watch out the Global money supply. Money supply is increasing, higher risk of currency debasement. Hence, more demand for Gold as a hedge.

Posted by beinvested > 3 weeks ago | Report Abuse

The price of gold was RM280 a gram six months ago. Today, the price is RM355 a gram.
The investment in Gold with Maybank/UOB bank are making profits as well.

The issued shares by Poh Kong is larger than Tomei.

I remember that the Gold was RM33 a gram back in 1990 but the price went up until RM355 today. It was RM33,000 per kilo as compare to RM355,000 today. It multiplied by by more than 10 times. Too bad, if the person still keeping that RM33,000 in the bank. The house, farmland or shop lot may not have appreciated by 10 time during the same period of time.

A piece of gold of 1 Kg is not that big the size. If a house fetch around RM1 Mil means it is equivalent to 3 pieces of gold bar (1 Kg each). Good if anyone still keeping that gold bar since then. A friend was telling me that he has more than 1,000 grams of Gold with Maybank through the gradual investment over the years.

Posted by speakup > 3 weeks ago | Report Abuse

Buy gold bar now!!!!

Posted by KakiBursa > 3 weeks ago | Report Abuse

Engine just started... good showtime liao!

Posted by Bullballs > 3 weeks ago | Report Abuse

So, got chance to limit up today?

Posted by Goldberg > 3 weeks ago | Report Abuse

Gold Hits New High as Central Banks Ramp Up Purchases

China’s central bank added gold to its reserves for the 17th month in a row in March

WSJ, Updated April 8, 2024 at 4:00 pm ET

June futures on the New York Mercantile Exchange have gained 4.4% over the last week and nearly 11% over the last year.
Gold closed at another record high Monday, driven by central bank purchases.

https://www.wsj.com/economy/central-banking/gold-hits-fresh-highs-as-central-banks-ramp-up-purchases-7149ae68

Posted by KakiBursa > 3 weeks ago | Report Abuse

i think likely to happen LU

Posted by ahbah > 3 weeks ago | Report Abuse

Strategy - buy gold and hold, no sell bcos the gold bull is veri strong and still got a long long way to run. 😋😋😋

Posted by ahbah > 3 weeks ago | Report Abuse

Limit up ... sure go chance lah, no need to ask .

Posted by SincereStock > 3 weeks ago | Report Abuse

TOMEI already break it's all time high. POHKONG still far behind

Posted by SincereStock > 3 weeks ago | Report Abuse

POHKONG is bigger company than TOMEI in term of market cap and revenue

Posted by SincereStock > 3 weeks ago | Report Abuse

it's most recent EPS also beat TOMEI