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

2nd Qr results, Tomei hit by mco 3...and coming 3rd Qr, Tomei will be hit by LockDown( 1 month)
Better keep your buying / Top-Up until you see 3rd Qr Or when Fat Lady (ykk) starts to Sing again

Posted by risekita8 > 2021-08-18 19:26 | Report Abuse

Today also less trading volumes.

The price declining again.

Is this because of the political news?

Posted by wallstreetrookie > 2021-08-19 08:06 | Report Abuse

More like shorting opportunity

Posted by milosh > 2021-08-19 09:29 | Report Abuse

Results are worse than I was expecting, but it is a MCO QR (partially) and it is all about the future results only. No one was expecting miracles for this QR after all. Im not happy with these results but I will keep on averaging down and hope for coming 2 - 3 QR catch-up.

Posted by milosh > 2021-08-19 09:54 | Report Abuse

key points from the report:

- compared to the last year, both Q/Q and H/H gross profits are significantly higher

- "cost of sales" is a culprit for lower profits

- EPS Q/Q is 0.98/1.36, H/H 10.97/4.25 - so, so far this FY cum. EPS still more than double compare to prev. FY

- current assets & reserves up, liabilities (both) down

- "Net (repayment)/drawdown of short term borrowings" -15.1M, this is significant

- cash down, bank overdraft up (MCO?)

- net gearing ration down to 0.63 from 0.67, good

- during this Q they paid div 2 sen

- "During the period of the FMCO, the operations of the Group with the exception of e-commerce division
were shut down in compliance with the order", we know this ...

- " the Government has on 15 August 2021 granted some
relaxation to the economy sector whereby 11 additional selected retail sectors including the jewellery business are allowed to reopen starting from 16 August 2021", we are looking in to the future

- compared Q/Q sales & manufacturing is up 93%, H/H is up 92%

- "due to lower gross profit margin, the Group reported lower profit before tax (“PBT”) of RM2.126 million compared to RM2.540 million last year."

- "The Group’s revenue for the current quarter of RM146.644 million is 42% lower than the preceding quarter due to the lockdown for the whole month of June 2021. As a result, the Group reported a lower PBT of RM2.126 million"

Posted by milosh > 2021-08-19 10:05 | Report Abuse

SinGor: QR results are not good, but its not minus and shops are reopening already, I dont see any possible reason for tomei to go limit down. Or you see it is limit down how you predict yesterday?

Posted by SinGor > 2021-08-19 14:37 | Report Abuse

only directed comment to ykk bcos he unloaded Tomei which he is promoting constantly. Surely
he is happy now (already unloaded )...I wait for next Qr results first...Go around KL/PJ / Subang Mall, only Lalat flying around. I think need another 3--4 months before ppl dare to venture into Mall bcos Delta Variant Kill everybody...young Or Old

Posted by milosh > 2021-08-19 15:43 | Report Abuse

I just came from shoping mall, gold shop open (but not tomei directly there) it was half full of people

Posted by Bgt 9963 > 2021-08-19 17:15 |

Post removed.Why?

Posted by risekita8 > 2021-08-20 22:32 | Report Abuse

Economy sector already open.

Let see the impact later

Posted by stockfreak > 2021-08-21 13:09 | Report Abuse

Sad to hear this. Any white flag saviour or food bank around your area?

Maybe some people here can help this CryingSingleMother.

Posted by milosh > 2021-08-21 14:28 | Report Abuse

crying: share investment is a longterm thing, never invest money which you will need within 1-2 years at least, if your post is not just sarcastic joke, you will need to hold for some time once profits starts flowing in again once shops reopen

Posted by stockfreak > 2021-08-21 20:06 | Report Abuse

Please ask for help if you really need it. Your kids need to eat also.

Posted by Bgt 9963 > 2021-08-22 11:51 |

Post removed.Why?

Posted by abang_misai > 2021-08-22 13:03 | Report Abuse

Ini orang tua Koon sudah "bunuh" ramai retail investors. Koon bermula dengan ayat "under-rated" tapi setelah 2-3 minggu, dia sendiri sudah lari meninggalkan yang lain di kaunter ini.

Posted by ValueMe > 2021-08-23 16:58 | Report Abuse

Average down today..good luck.Cant blame anyone for conning me..Hahaha.

Posted by risekita8 > 2021-08-23 21:18 | Report Abuse

Why averaging down?

Posted by ValueMe > Aug 23, 2021 4:58 PM | Report Abuse

Average down today..good luck.Cant blame anyone for conning me..Hahaha.

Posted by milosh > 2021-08-23 22:09 | Report Abuse

gold price above 1800 could boost tomei

Posted by risekita8 > 2021-08-24 19:39 | Report Abuse

217k transactions only, but price still going up.

All are buyings.

Good

Posted by milosh > 2021-08-25 11:27 | Report Abuse

it is a sleeping time for tomei, without significant news or gold price movement nothing much happen here

Posted by princehero > 2021-08-25 19:03 | Report Abuse

Below rm0.90 can keep accumulating..

Posted by trum > 2021-08-25 19:05 | Report Abuse

...看起来要从这里往下走。千万不要希望这次的趋势是不同的。只要相信你所看到的。我已经学会了艰难的方法。

Posted by stockfreak > 2021-08-25 19:09 | Report Abuse

Gold is a very hard thing to predict.

It is different from other precious metals as Gold can also be used as "half-currency" or reserve.

Gold is usually purchased by those who don't feel good about money printing. Buying gold make such group of people feel safe.

For Bursa, Tomei is strongly linked to Gold and not Jewelry recently.

If you are good at predicting gold's trend, Tomei is for you.

For Gold, you need to understand US Federal Reserve balance sheet very well.

Posted by CharlesT > 2021-08-26 06:44 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3186490

https://klse.i3investor.com/blogs/koonyewyinblog/2021-06-20-story-h1566940158-RHB_rated_Tomei_Rm_1_63_Koon_Yew_Yin.jsp

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

fed policy will have minimal effect as everyone watch it and predicting based on that, so it can not work anymore as markets move the way where it hurts the most people

Posted by milosh > 2021-08-26 12:21 | Report Abuse

KYY is playing monkey games, buy sell buy sell so confusing from the bursa disclosure

Posted by stockfreak > 2021-08-26 12:51 | Report Abuse

US Fed tapering means less money will be printed. Slight chance of that will push gold price down. But how much the price will be affected, we don't know.

Posted by milosh > 2021-08-26 13:52 | Report Abuse

stockfreak - it is what everyone knows and predicting a very long time ago already, so it must be well priced in atm. only dramatic and unpredicted changes will result in gold price (rapid) movements

Posted by stockfreak > 2021-08-26 20:04 | Report Abuse

The Fed may use Delta as a calming agent to soothe the nervousness of tapering as a cover up tonight.

Posted by milosh > 2021-08-26 21:35 | Report Abuse

we should concentrate more on what matters the most - shops are reopening and hopefully sales will be great

Posted by risekita8 > 2021-08-30 18:02 | Report Abuse

Yes. Most of yhe the shops already started reopen.

Then we can see the true potential of Tomei

Posted by milosh > Aug 26, 2021 9:35 PM | Report Abuse

we should concentrate more on what matters the most - shops are reopening and hopefully sales will be great

Posted by Will188 > 2021-08-30 20:49 | Report Abuse

Let's see. Once war afghanistan gold up more fast...

Posted by milosh > 2021-09-01 15:34 | Report Abuse

there will be another 2 years of low interest rates and high inflation.... after that? no one knows for sure

Posted by risekita8 > 2021-09-01 21:45 | Report Abuse

Tomei began to start rising up now.

TOMEI CONSOLIDATED BHD

Last Price Today's Change Day's Range Trading Volume
0.96 +0.015 (1.59%) 0.93 - 0.97 993,100

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

Any comments on above from sifu sifu here?

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

OTHERS | https://www.klsescreener.com/v2/announcements/view/3416211

Posted by aliyusof > 2021-09-08 11:49 | Report Abuse

Sorry, above are outdated news.

Posted by Hui_k_c > 2021-09-08 20:51 | Report Abuse

Tomei wake up, no sleeping

Posted by milosh > 2021-09-10 09:55 | Report Abuse

sleeping time, no significant news no price movement

Posted by SHQuah > 2021-09-17 20:11 | Report Abuse

Time to collect before gold price rebound.

Posted by IronShirt > 2021-09-18 03:17 | Report Abuse

https://finance.yahoo.com/m/e2f91e33-f731-3c10-a6c2-689d3bf376b1/blackrock-fund-manager-says.html

BlackRock cuts Gold holding to Zero....going to upset Ykk

Posted by ValueMe > 2021-09-18 09:41 | Report Abuse

Gold price not rebounding anytime soon.

Posted by SHQuah > 2021-09-18 17:05 | Report Abuse

Tomei planning to list it's subsidiaries in ACE market. Once approved, Tomei mother share sure will go up. So buy now before approve.

Posted by SinGor > 2021-09-19 16:06 | Report Abuse

mother Tomei could 'Die" during child birth

Posted by neohts > 2021-09-20 09:23 | Report Abuse

Buy when GOLD price is down. Sell when GOD price is up.
So now is the time to accumulate.

Posted by SHQuah > 2021-09-20 10:05 | Report Abuse

Gold price up and down is very normal very month. Opportunity to buy and sell. Buy when gold price is down and just wait for the price to go up. Very Simple and very safe to play.

Posted by stockfreak > 2021-09-20 10:06 | Report Abuse

Somehow this stock is sensitive to gold price. I did not set the rules. It's just my observation.

Someone might be using this company as "hedge".

Posted by neohts > 2021-09-20 10:12 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3187835

TOMEI CONSOLIDATED BERHAD ("TOMEI" OR "COMPANY") - PROPOSED LISTING OF YI XING GOLDSMITH SDN BHD ("YXG"), GEMAS PRECIOUS METALS INDUSTRIES SDN BHD ("GPM"), EMAS ASSAYER SDN BHD ("EASB") AND GPM REFINERY SDN BHD ("GRSB"), ALL OF WHICH ARE WHOLLY-OWNED SUBSIDIARIES OF TOMEI, ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") ("PROPOSED LISTING EXERCISE")

Posted by neohts > 2021-09-20 10:13 | Report Abuse

When this company listed in ACE market, normally Tomei mother share will goes up.

Posted by milosh > 2021-09-20 13:23 | Report Abuse

when gold price moves, people overreacting on tomei, more important are sales and the proposed listing should be positive