POH KONG HOLDINGS BHD

KLSE (MYR): POHKONG (5080)

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Last Price

1.11

Today's Change

-0.01 (0.89%)

Day's Change

1.10 - 1.12

Trading Volume

383,600


5 people like this.

4,121 comment(s). Last comment by bktay123 2 days ago

Posted by biggie0000 > 2024-07-15 15:31 | Report Abuse

drop more I buy more

Invest_888

1,064 posts

Posted by Invest_888 > 2024-07-15 21:00 | Report Abuse

Gold price is USD2415 per ounce. Good profit margin, the share price of Poh Kong should go up instead of going down, really undervalued.

ks55

4,212 posts

Posted by ks55 > 2024-07-15 21:08 | Report Abuse

Just wait for next QR. Believe net profit for whole year will be around 32 sen per share. Share price should reflect the earning potential and NTA. Only hope that the company can declare 10 sen to 15 sen dividend.

SincereStock

2,360 posts

Posted by SincereStock > 2024-07-15 22:59 | Report Abuse

it is no-brainer to just be patience at this stage

Invest_888

1,064 posts

Posted by Invest_888 > 2024-07-16 08:57 | Report Abuse

Gold price is USD2421 per ounce. Good profit margin, really undervalued.

Bullballs

1,201 posts

Posted by Bullballs > 2024-07-16 10:37 | Report Abuse

I think most investors like big projects with big money. Also dont know whether the projects got profits or not. Here in PK already got big profits and sitting on a pile of gold. The only drawback is that they are not generous.

SincereStock

2,360 posts

Posted by SincereStock > 2024-07-16 11:26 | Report Abuse

@Bullballs very well said, most like to pay future premium although we still don't know how those big future projects can translate into profitability, credentials of company is even still unknown in new IPO

here we got established business with good consistent profit and also good future prospects, yet people think the stock is already priced in, no longer undervalue (although obviously it is still undervalue if you look into it's fundamental figures). those future stock not only priced in their future expectation that not guaranteed but some also overvalued even if the future is indeed as expected

Bullballs

1,201 posts

Posted by Bullballs > 2024-07-16 13:26 | Report Abuse

Five birds in the sky is better than one bird in the pocket. Haha

ahbah

6,236 posts

Posted by ahbah > 2024-07-16 13:27 | Report Abuse

🤑🤑🤑

ahbah

6,236 posts

Posted by ahbah > 2024-07-16 13:28 | Report Abuse

Poh Kong is a GOLD bird, better than all the birds in the sky !!! 😁😁😁

Bullballs

1,201 posts

Posted by Bullballs > 2024-07-16 14:15 | Report Abuse

The birds are calling, cheap, cheap, cheap. For those who can hear, better buy as much as you can. This is a golden bird opportunity.

Josh329

43 posts

Posted by Josh329 > 2024-07-16 15:54 | Report Abuse

All ingredients are already in place, see whether when the big brother going to cook or fry it.

Invest_888

1,064 posts

Posted by Invest_888 > 2024-07-16 16:00 | Report Abuse

Gold hits record high, USD2437 per ounce.

SincereStock

2,360 posts

Posted by SincereStock > 2024-07-16 16:00 | Report Abuse

@Bullballs
Five birds in the sky is better than one bird in the pocket. Haha

very well analogue

Justin Tan

259 posts

Posted by Justin Tan > 2024-07-16 17:10 | Report Abuse

Wow Gold hits record high of USD2437 per ounce https://goldprice.org/

SKY2

756 posts

Posted by SKY2 > 2024-07-16 17:12 | Report Abuse

Trump stands a very good chance to be next elected President of USA, his policies are said to be in favour of Gold ?

SincereStock

2,360 posts

Posted by SincereStock > 2024-07-16 17:13 | Report Abuse

malaysia retail gold price baru mahu up follow global gold price, tomorrow tomei & pohkong should be got show already. those who no patience sold today dunno what to say

Justin Tan

259 posts

Posted by Justin Tan > 2024-07-16 17:13 | Report Abuse

Gold prices have surged, reaching $2430 per troy ounce on Tuesday, flirting with historic highs. The recent spike in gold prices is largely attributed to comments made by Federal Reserve Chairman Jerome Powell, which have bolstered expectations of an impending interest rate cut.

https://www.fxstreet.com/analysis/gold-nears-record-high-as-fed-rate-cut-looms-202407160806

ks55

4,212 posts

Posted by ks55 > 2024-07-16 18:06 | Report Abuse

Poh Kong is going to shoot up tomorrow.

kimpeng

52 posts

Posted by kimpeng > 2024-07-16 19:18 | Report Abuse

yes

Biggmoney

59 posts

Posted by Biggmoney > 2024-07-17 06:07 | Report Abuse

Gg gold price..

Invest_888

1,064 posts

Posted by Invest_888 > 2024-07-17 08:22 | Report Abuse

Gold price burst, Usd2600 per ounce can be achieved this year.

Invest_888

1,064 posts

Posted by Invest_888 > 2024-07-17 08:37 | Report Abuse

Record gold price,USD2470, will be higher after US rate cut.

https://www.mining.com/gold-price-up-over-1-closing-in-on-new-record/

Invest_888

1,064 posts

Posted by Invest_888 > 2024-07-17 08:38 | Report Abuse

Record gold price,USD2470, will be higher after US rate cut.

https://www.mining.com/gold-price-up-over-1-closing-in-on-new-record/

speakup

26,985 posts

Posted by speakup > 2024-07-17 10:23 | Report Abuse

Sailang

SincereStock

2,360 posts

Posted by SincereStock > 2024-07-17 11:24 | Report Abuse

topped up a few more POHKONG at 1.21 (17 july 2024, 11.22am), no brainer to top up while POHKONG still trading at price before gold price up

Posted by StartOfTheBull > 2024-07-17 11:41 | Report Abuse

Ok. Bought a bit at RM1.21 also. Thanks

SincereStock

2,360 posts

Posted by SincereStock > 2024-07-17 11:43 | Report Abuse

@StartOfTheBull gd luck

Posted by StartOfTheBull > 2024-07-17 11:48 | Report Abuse

You too. Thanks.

SincereStock

2,243 posts

Posted by SincereStock > 3 minutes ago | Report Abuse

@StartOfTheBull gd luck

Posted by StartOfTheBull > 2024-07-17 12:23 | Report Abuse

Tomei has raise gold price by RM15 to RM425 per gram starting today.
https://www.sinchew.com.my/?p=5767813

Posted by StartOfTheBull > 2024-07-17 12:24 | Report Abuse

I believe PK will report a higher profit in QR3 compare to QR2 due to the following reasons:
1. Gold price has soared higher in 1st half of July 2024 compare to QR2.
2. Tomei has raise gold price by RM15 to RM425 per gram starting today.

Posted by StartOfTheBull > 2024-07-17 12:32 | Report Abuse

China still has plenty of appetite for official gold purchases despite pausing in May and June, as its bullion holdings remain low as a share of reserves and geopolitical tensions persist, according to a policy insider, industry experts and data.
https://www.reuters.com/markets/commodities/chinas-gold-buying-break-seen-fleeting-given-its-long-term-needs-2024-07-17/#:~:text=Beijing's%20gold%20buying%2C%20which%20helped,U.S.%20dollar%2Ddenominated%20assets%20active.

SincereStock

2,360 posts

Posted by SincereStock > 2024-07-17 13:18 | Report Abuse

https://www.facebook.com/photo/?fbid=789378846706392&set=a.284127557231526

not pohkong's but most gold retails marked up their gold price today

MikeyChan

263 posts

Posted by MikeyChan > 2024-07-17 16:34 | Report Abuse

Uptick Poh Kong to RM2 😁

SincereStock

2,360 posts

Posted by SincereStock > 2024-07-17 17:07 | Report Abuse

@MikeyChan still reasonably below NTA

Bullballs

1,201 posts

Posted by Bullballs > 2024-07-18 14:34 | Report Abuse

Gold dropped a little bit, everybody so quiet or start to run away, ya??? The money is in PK. They can easily come out with 100m cash besides all the gold that easily worth 1b by current price.

SincereStock

2,360 posts

Posted by SincereStock > 2024-07-18 14:49 | Report Abuse

@Bullballs gold price still high at peak level, anything above 2450 still can break new high or 2500 any time with just a spike up

ahbah

6,236 posts

Posted by ahbah > 2024-07-18 16:00 | Report Abuse

Poh Kong ... sapu kuat kuat !!!

ameeya13

17 posts

Posted by ameeya13 > 2024-07-18 16:02 | Report Abuse

continue buy gold buy pohkong

Posted by StartOfTheBull > 2024-07-18 16:19 | Report Abuse

Poh Kong will need to follow Tomei increase gold retail price or else gold jewellery customers will shift from Tomei to Poh Kong.

SincereStock

2,360 posts

Posted by SincereStock > 2024-07-18 16:30 | Report Abuse

@StartOfTheBull most probably follow already, so as other smaller gold retails companies, just no official announcement only. they all know how to run gold company, especially the biggest pohkong, no need to worry such thing for them.

SincereStock

2,360 posts

Posted by SincereStock > 2024-07-18 16:31 | Report Abuse

we just keep monitoring the gold price can liao

MikeyChan

263 posts

Posted by MikeyChan > 2024-07-22 16:38 | Report Abuse

GOLD prices drifted higher on Monday as the dollar eased following U.S. President Joe Biden's decision to withdraw from the 2024 presidential race, with investors turning to bullion as a hedge against an uncertain political and market outlook.

https://www.thestar.com.my/business/business-news/2024/07/22/safe-haven-gold-edges-up-as-biden-move-sparks-market-uncertainty

Posted by StartOfTheBull > 2024-07-26 09:45 | Report Abuse

Hopefully those that do not want to hold should sell as soon as possible.

Invest_888

1,064 posts

Posted by Invest_888 > 2024-07-29 15:57 | Report Abuse

Poh Kong most undervalued stock with bright earning prospect as gold price gradually uptrend with US rate cut expected.

Posted by biggie0000 > 2024-07-29 16:35 | Report Abuse

moving alrdy

MikeyChan

263 posts

Posted by MikeyChan > 2024-07-29 19:41 | Report Abuse

Indeed, Gold is shinning on US rate cut

https://www.thestar.com.my/business/business-news/2024/07/29/gold-shining-on-us-rate-cut

Invest_888

1,064 posts

Posted by Invest_888 > 2024-07-31 09:03 | Report Abuse

Gold stock like Poh Kong & Tomei can earn decent profit margin as long as the gold price is above USD2100 per ounce. Poh Kong is really undervalued with PE=4.77. Moreover, the laterst QR earning is 11.61 cent. If the gold price can maintain above USD2300 per ounce, the earning could be 40 cent per year. What's the low share price, POH KONG is only RM1.16 NOW.

SincereStock

2,360 posts

Posted by SincereStock > 2024-07-31 15:34 | Report Abuse

@Invest_888 very well analysis

SincereStock

2,360 posts

Posted by SincereStock > 2024-07-31 16:16 | Report Abuse

pohkong behind tomei again, chasing up is due

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