Posted by Slc1 > 2021-07-19 10:06 | Report Abuse

Agreed, milosh.

Posted by Hui_k_c > 2021-07-19 10:48 | Report Abuse

Sifu milosh, my stock price of Tomei at 1.10 but i will hold till end of 2021. Once MCO is
lifted i guess the will move up north What is tp for tomei. Pls advise sifu tq

Posted by milosh > 2021-07-19 10:55 | Report Abuse

hui: im not sifu, but from my point of view, tomei is undervalued, price of gold just confirm end of downtrend - start uptrend, economic situation help increase number of transactions (tomei profits from both buy/sell - increase revenue), inflation, basel III, strong and improving fundamentals, etc ...

Posted by milosh > 2021-07-19 10:56 | Report Abuse

hui: my tp at this time is around 1.5 but will adjust depending on financial results, i like tomei for longterm as it is in my opinion a good company

Posted by milosh > 2021-07-19 11:02 | Report Abuse

btw. very next QR will be down of course, because of FMCO/MCO, but as we can see increasing vaccinations, we should look more into the future

Posted by Hui_k_c > 2021-07-19 11:08 | Report Abuse

Thanks i will hold to achieve tp for a longer period.

Posted by shybutter > 2021-07-19 11:16 | Report Abuse

It is normal to have downtrend in Bursa.

Posted by milosh > Jul 19, 2021 11:02 AM | Report Abuse

btw. very next QR will be down of course, because of FMCO/MCO, but as we can see increasing vaccinations, we should look more into the future

Posted by milosh > 2021-07-19 11:22 | Report Abuse

i think downtrend is opportunity to average down for those with higher average, 0.92 looks like a very good value already with a big margin of safety

Posted by milosh > 2021-07-21 09:23 | Report Abuse

there will be probably some more downward pressure today because of price of gold

Posted by milosh > 2021-07-23 12:16 | Report Abuse

technically - triangle is forming there, soon will go up finally?

Posted by pulsemelx1805 > 2021-07-30 14:23 | Report Abuse

sure will up ~ bitcoin up , gold up !

Posted by pulsemelx1805 > 2021-07-30 14:23 | Report Abuse

just need to tenang sikit and relek dan tengok parlimen gaduh

Posted by pulsemelx1805 > 2021-07-30 14:24 | Report Abuse

kite ready buy the dip ~!

Posted by milosh > 2021-07-30 17:50 | Report Abuse

there is a low interest in tomei these days, just some light buying activities after price of gold went up, need to wait for any significant move

Posted by ValueMe > 2021-08-02 21:50 | Report Abuse

Maybe not many conman here except Kyy.

Posted by pulsemelx1805 > 2021-08-03 15:10 | Report Abuse

why kyy is a conman ?

Posted by pulsemelx1805 > 2021-08-03 15:10 | Report Abuse

bagi insider

Posted by Will76 > 2021-08-07 23:54 | Report Abuse

Breaking News from CNBC

Gold slid to its lowest in over a month on Friday after a strong U.S. jobs report boosted expectations the Federal Reserve could begin tapering its economic support sooner than previously anticipated.

Spot gold fell 2.2% to $1,763.96 per ounce by 1:50 p.m., after touching its lowest since June 30 at $1,757.70.

Posted by milosh > 2021-08-09 09:17 | Report Abuse

I just buy some more, in 2 weeks time there will be results out, which will show tomei even during MCO made a nice profit, expecting EPS 4 sen which indicates fair value at around 1.5 rm

Posted by milosh > 2021-08-09 09:20 | Report Abuse

gold overnight got to the support level where it strongly rebounded, indicating downside is limited for now

Posted by pulsemelx1805 > 2021-08-09 10:51 | Report Abuse

don't laosai lehhhh

Posted by pulsemelx1805 > 2021-08-09 10:51 | Report Abuse

see the red also sian

Posted by Hui_k_c > 2021-08-09 11:12 | Report Abuse

Sifu milosh if EPS 4 sen X 4 quarters = 16 sen/share. You are expecting PER at 9x. My enter is 1.15 for 10,000units. Should i buy at support level at 0.905 of 10,000units. Pls advise Sifu

Posted by ValueMe > 2021-08-09 12:09 | Report Abuse

Gold price will fall more and outlets closed. Tomei predicted to report poorer earnings this quarter. Conman everywhere! Kyy?

Posted by milosh > 2021-08-09 12:16 | Report Abuse

hui: I cant give any investment advices, dont have license for that. Your decision should depend on your risk profile and buying power.
I am in a minus right now and keep on averaging down on any weakness.
For me tomei is a good investment longterm as their fundamentals are improving and it is trading with a very low trailing P/E. Even when counting with the current prices of gold, tomei should (once shops open) deliver at least 20sen EPS.

Posted by milosh > 2021-08-09 12:49 | Report Abuse

ValueMe: the last EPS was 9.93 and you are right next QR will be less, but even with 60% EPS decline, tomei is heavily undervalued. Lower gold prices are long time priced in already, it was actually very overdone.

Posted by SHQuah > 2021-08-09 17:33 | Report Abuse

Going going gone.

Posted by risekita8 > 2021-08-09 18:14 | Report Abuse

If you have really extra money, you can do it.

But if only some money, better go looking for the active counters

Posted by pulsemelx1805 > Jul 18, 2021 2:17 PM | Report Abuse

retail buka soon ... ppl still need to buy gold , don't worry , keep it while it's low

Posted by ValueMe > 2021-08-09 21:26 | Report Abuse

People buy jewellery by trying it on at the outlet/ shop and see how beautiful they look. Cant choose suitable jewellery by buying it online. Outlets not open, stock price will plummet. Gold price drop, stock price will plummet regardless of low PE ratio. Same thing as teoseng which I bought when it had a low PE ratio when Kyy was promoting teoseng a few years ago. Look at Teoseng pe ratio today. Who likes to buy jewellery online and try it at home? Kyy?

Posted by milosh > 2021-08-10 09:56 | Report Abuse

markets are forward looking, reopening will come soon, any drop in earnings is temporarily only

Posted by SHQuah > 2021-08-10 13:42 | Report Abuse

MCO gold shop not allowed to open for so long. What do you expect coming quarterly results ? Gold price drop like shit.

Posted by milosh > 2021-08-10 19:37 | Report Abuse

just wait for the next QR, after can discuss...

Posted by Bullballs > 2021-08-12 18:00 | Report Abuse

In Pohkong insiders keep buying. There must be something that they know and we dont know.

Posted by milosh > 2021-08-13 10:37 | Report Abuse

my reasoning is, if someone needs to sell or buy gold, they will not simply "cancel" their plan because of FMCO, they will wait once shops open ... and gold counters make mostly money from transactions -> more transactions = higher revenue = higher earnings, independent of the price of gold (but yes, high price of gold improves margin)

Posted by risekita8 > 2021-08-13 17:20 | Report Abuse

Pohkong buying Tomei?

This is interesting

Posted by Bullballs > Aug 12, 2021 6:00 PM | Report Abuse

In Pohkong insiders keep buying. There must be something that they know and we dont know.

Posted by risekita8 > 2021-08-13 17:22 | Report Abuse

If Klang Valley change to phase 2 , sure the economy will be rising up. Again for all

Posted by milosh > Aug 10, 2021 9:56 AM | Report Abuse

markets are forward looking, reopening will come soon, any drop in earnings is temporarily only

Posted by milosh > 2021-08-14 10:39 | Report Abuse

gold price rebounded... as expected

Posted by wallstreetrookie > 2021-08-15 17:43 | Report Abuse

Renewed vigour for Malaysian jewellers as gold maintains a short-term uptrend and the latest development in the National Recovery Plan which enables jewellers to reopen in states with over 50% of adults fully vaccinated.

The Edge Markets

Posted by risekita8 > 2021-08-16 14:56 | Report Abuse

Rebound or just pullback before another break?

Posted by milosh > Aug 14, 2021 10:39 AM | Report Abuse

gold price rebounded... as expected

Posted by milosh > 2021-08-16 15:01 | Report Abuse

risekita8: its again up at the levels before flash-crash, see the chart

Posted by IronShirt > 2021-08-16 17:14 | Report Abuse

https://finance.yahoo.com/news/gold-holds-gain-amid-slump-021510046.html

Let Gold crashed first and then Buy back at cheaper price

Posted by milosh > 2021-08-16 18:22 | Report Abuse

https://www.liteforex.com/blog/analysts-opinions/gold-price-prediction-forecast/
https://gov.capital/commodity/gold/

Posted by milosh > 2021-08-17 09:16 | Report Abuse

everyone thinks price of gold will crash, but in reality it keeps going up and up

Posted by princehero > 2021-08-17 14:03 | Report Abuse

Milosh.. u r still here promoting tomei…
Since open up, I’ll start to buy tomei today..

Posted by wallstreetrookie > 2021-08-17 14:04 | Report Abuse

Tomei downgrade to SELL Target price: RM0.75

Posted by milosh > 2021-08-17 15:33 | Report Abuse

I really dont pay attention to negative comments / low target prices, I decided on tomei a long time ago and will not change my mind ... gold price is at elevated levels (see gold chart 2 and 5 years first before comment), shops reopening, fundamentals strong, people will trade gold a lot since they were unable to do that during MCO etc. etc.
my target is around 1.5rm

Posted by milosh > 2021-08-17 15:35 | Report Abuse

prince: good, it will help you see tomei from the positive side too ;)

Posted by risekita8 > 2021-08-17 21:03 | Report Abuse

With low trading volumes, but still good performance

Good counter to hodl

TOMEI CONSOLIDATED BHD

Last Price Today's Change Day's Range Trading Volume
0.925 +0.015 (1.65%) 0.905 - 0.925 291,700

Posted by SinGor > 2021-08-18 18:00 | Report Abuse

uncle ykk should be happy......Limit Down tomolo

Posted by brian3381 > 2021-08-18 18:02 | Report Abuse

Kyy kena gao gao