KLSE (MYR): TOMEI (7230)
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Last Price
1.65
Today's Change
0.00 (0.00%)
Day's Change
1.63 - 1.65
Trading Volume
542,700
Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ > 2023-09-29 11:41 | Report Abuse
Invest_888
970 posts
Posted by Invest_888 > 2023-06-01 09:07 | Report Abuse
Tomei share price at RM1.08 was at bottom as US debt ceiling crisis resolved. Gold price recovers from USD 1932 to USD1966, almost 2% gain. But depreciation of RM is still 3% and dollar index at 104.22 a gain of around 3%. In other words the gold price in RM is same as gold price in 2-3 weeks ago when the gold price was above USD2000.
Therefore, the Tomei share price which is calculated in RM is at discounted price at least 10% as 2 to 3 weeks ago