TOMEI CONSOLIDATED BHD

KLSE (MYR): TOMEI (7230)

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Last Price

1.48

Today's Change

-0.04 (2.63%)

Day's Change

1.46 - 1.50

Trading Volume

297,600


2 people like this.

1,806 comment(s). Last comment by ahbah 3 days ago

Invest_888

1,067 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

Invest_888

1,067 posts

Posted by Invest_888 > 2023-06-02 09:35 | Report Abuse

Gold price goes up above USD1970 as dollar index falls to 103.5 and no more interest increment is expected next month as bank crisis still going on in US.

manahin

244 posts

Posted by manahin > 2023-06-12 10:47 | Report Abuse

Time to be greedy!

pang72

51,533 posts

Posted by pang72 > 2023-06-23 16:50 | Report Abuse

Habis cerita..
Gold crashing..
So, this is called everything crashing

pang72

51,533 posts

Posted by pang72 > 2023-06-23 16:50 | Report Abuse

80c mari again for reentry

Remnant17

69 posts

Posted by Remnant17 > 2023-06-26 10:19 | Report Abuse

Am interested to buy gold shares ..anyone can help..thanks a lot 🙏

Invest_888

1,067 posts

Posted by Invest_888 > 2023-07-13 19:39 | Report Abuse

Bought Tomei @ RM1.05 as gold price hits USD 1960. Moreover, the US index hits lowest in this year 100.23 amidst China inflation is zero. China buys gold for the 8 straight months, totaling 165 tonnes.
As China experience zero inflation, lower interest rate to boost economy is expected in China. This in turn will pressure the US interest to keep the interest rate. Tomei volume is the highest since 30 May.

manahin

244 posts

Posted by manahin > 2023-07-14 07:46 | Report Abuse

Silver skyrockets..... Good for tomei!

Invest_888

1,067 posts

Posted by Invest_888 > 2023-07-20 09:04 | Report Abuse

Great time to buy Tomei share. Still at low price in compare with gold price i.e. USD1979 and RM is depreciated 3% against USD in these 3 months.

Invest_888

1,067 posts

Posted by Invest_888 > 2023-07-27 10:37 | Report Abuse

Great potential for Tomei share price. No more obstacle. US interest raised by 0.25% yesterday, but the gold price still going up to USD1976 now. US inflation rate is only 3% last month.
Latest Tomei yearly earning EPS is 44.73cent, NAV/NTA= RM2.73. Share price is RM1.10. UNDERVALUED!

hng33

20,510 posts

Posted by hng33 > 2023-07-27 12:29 | Report Abuse

bought tomei at 1.10

hng33

20,510 posts

Posted by hng33 > 2023-07-28 09:38 | Report Abuse

Added more tomei at 1.09

Samuelgold

184 posts

Posted by Samuelgold > 2023-07-28 13:55 | Report Abuse

i also bought at 1.09

hng33

20,510 posts

Posted by hng33 > 2023-07-28 14:52 | Report Abuse

Upcoming BRICS meeting will intensify de dollarization and tail end rate hike will give boost up to GOLD price

Invest_888

1,067 posts

Posted by Invest_888 > 2023-07-30 20:33 | Report Abuse

Tomei share price is still at the begining of upward trend. Gold price goes up due to lower inflation in US. Anyway, Tomei make huge earning even gold price at USD1900.

speakup

27,040 posts

Posted by speakup > 2023-07-30 22:14 | Report Abuse

In Malaysia, upstream Gold companies cannot perform. Only downstream Gold companies can perform. Very unique situation we have in Malaysia

hng33

20,510 posts

Posted by hng33 > 2023-07-31 21:49 | Report Abuse

Gold price will surpass USD 20,000 soon as Fed and major central banks are at tail end of the current monetary policy tightening cycle amid easing inflationary pressures

Invest_888

1,067 posts

Posted by Invest_888 > 2023-08-01 09:19 | Report Abuse

Latest Tomei yearly earning EPS is 44.73cent, NAV/NTA= RM2.73. Share price is RM1.15. UNDERVALUED!
If PE is 10, RM4.47. If PE is 5, it is worth RM2.23.
Anyway, Tomei make huge earning even the gold price is @ USD1900.

hng33

20,510 posts

Posted by hng33 > 2023-08-02 08:13 | Report Abuse

https://www.thestar.com.my/business/business-news/2023/08/02/traders-brace-for-wave-of-treasury-bond-sales

A lot of new debt issuance coming from US to meet its deficit budget, dollar index will decresing, gold price will boost up soon,

hng33

20,510 posts

Posted by hng33 > 2023-08-02 08:18 | Report Abuse

Fitch downgraded the United States to AA+ from AAA, citing fiscal deterioration over the next three years and repeated down-the-wire debt ceiling negotiations that threaten the government’s ability to pay its bills

hng33

20,510 posts

Posted by hng33 > 2023-08-02 08:19 | Report Abuse

dollar index will tumbling, gold price will shine soon

hng33

20,510 posts

Posted by hng33 > 2023-08-02 08:20 | Report Abuse

https://finance.yahoo.com/news/fitch-cuts-us-governments-aaa-215239912.html

Fitch downgraded the United States to AA+ from AAA, citing fiscal deterioration over the next three years and repeated down-the-wire debt ceiling negotiations that threaten the government’s ability to pay its bills


Dollar index will tumbling, gold will shine soon

hng33

20,510 posts

Posted by hng33 > 2023-08-02 08:20 | Report Abuse

https://finance.yahoo.com/news/fitch-cuts-us-governments-aaa-215239912.html

Fitch downgraded the United States to AA+ from AAA, citing fiscal deterioration over the next three years and repeated down-the-wire debt ceiling negotiations that threaten the government’s ability to pay its bills


Dollar index will tumbling, gold will shine soon

hng33

20,510 posts

Posted by hng33 > 2023-08-11 12:40 | Report Abuse

I have cut all gold stock after gold price failed to perform despite Moody downgrade US bond

SincereStock

2,367 posts

Posted by SincereStock > 2023-08-25 09:17 | Report Abuse

just reentered at RM1.10 today, the best current (fundamental to stock price) jewellery franchise in Malaysia, PE 2.64, 61% NTA discounted price. EPS still always superb regardless of gold price. definitely undervalued

SincereStock

2,367 posts

Posted by SincereStock > 2023-08-25 20:39 | Report Abuse

management should privatise this company as soon as possible while it's stock price still underperform

Invest_888

1,067 posts

Posted by Invest_888 > 2023-08-26 11:47 | Report Abuse

Good idea to privatise this TOMEI stock as the stock price is really undervalued. Latest finacial quarterly( APR-JUNE 2023)report, the EPS is 12.28cent, the NTA/NAV is RM2.81. Guys, the earning per share is 12.28 cents in 3 months.

Obviously, as long as the gold price is around US1900, Tomei makes great profit.

Bullballs

1,209 posts

Posted by Bullballs > 2023-08-26 20:33 | Report Abuse

Ya they should privatised it soonest possible and offer RM2 per share. Later can easily relist it on SGX at double the price

Invest_888

1,067 posts

Posted by Invest_888 > 2023-08-28 09:50 | Report Abuse

RM2 per share is really good offer FOR Tomei takeover. One year at least can earn 35cent. Spend 5 to 6 years to earn back RM2.00.

SincereStock

2,367 posts

Posted by SincereStock > 2023-08-28 21:41 | Report Abuse

yea RM2 definitely good, good for investors too almost double current price ^_^ win win situation

SincereStock

2,367 posts

Posted by SincereStock > 2023-08-29 20:54 | Report Abuse

so funny when i found NICE is trading above NTA although almost every QR in history making loses, while TOMEI consistently making profits and still trading below NTA lol

Bullballs

1,209 posts

Posted by Bullballs > 2023-08-30 11:21 | Report Abuse

One you goreng and the other u slowly buy and keep.

Bullballs

1,209 posts

Posted by Bullballs > 2023-09-04 16:19 | Report Abuse

No hurry, just do it slowly. All the gold got no shelf life. In fact the longer you keep the more valuable it becomes.

manahin

244 posts

Posted by manahin > 2023-09-07 14:36 | Report Abuse

Hurry, hurry, Coming!

Bullballs

1,209 posts

Posted by Bullballs > 2023-09-07 17:28 | Report Abuse

slow, slow collect. No hurry.

Income

12,440 posts

Posted by Income > 2023-09-17 10:19 | Report Abuse

Collect here. Follow me

Dehcomic01

340 posts

Posted by Dehcomic01 > 2023-09-26 11:53 | Report Abuse

Are you better off investing in gold than in a gold proxy such as Tomei?

To answer this question, I compared the gain from gold compared to Tomei based on the short-term situation ie 2019 to 2022.

From 4 Jan 2019 to 26 Aug 2022, gold appreciated by 8.5 % CAGR. If you have invested in Tomei, your compounded annual total gain (capital gain + dividends) would be 22%.

On such a basis there is no advantage to investing in gold.

For more insights on Bursa gold proxies, refer to “Are there Bursa proxies for gold?” https://www.youtube.com/watch?v=CvdIyx3eAWA

silentWolf

118 posts

Posted by silentWolf > 2023-09-27 12:46 | Report Abuse

now different story alr, normal pawn shop how to compete with ppl like tomei / pohkong? lets see how it goes

SincereStock

2,367 posts

Posted by SincereStock > 2023-09-27 13:43 | Report Abuse

Islamic or non-Islamic pawnbroking? will it turn this company into non-syariah compliance?

TSP888

5 posts

Posted by TSP888 > 2023-09-27 15:02 | Report Abuse

Did tomei ever give dividend back to shareholders?

Michael Kwok

6,445 posts

Posted by Michael Kwok > 2023-09-28 20:41 | Report Abuse

Tomei
1.15
Support 1.13
If breach few days will see retesting the 96-100 cents
28/9/23 8.41pm

SincereStock

2,367 posts

Posted by SincereStock > 2023-09-29 10:58 | Report Abuse

hahaha "retesting", typical nonsense technical thinking

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-09-29 11:41 | Report Abuse

PE of 2+. Why?
Always study the FCF, the cash that truly belongs to the owners (shareholders).

SincereStock

2,367 posts

Posted by SincereStock > 2023-09-29 11:54 | Report Abuse

at least the inventories are literally "gold", which something that cannot lose it's value

Kevin Tam

541 posts

Posted by Kevin Tam > 2023-09-30 13:23 | Report Abuse

Tomei is a good consumer stock n its profit has been increasing in past 2-3 years. With undemanding valuation n PE of lower than 3...It is a good choice for those want to use gold as hedge of inflation. For buying gold in Malaysia, only 2 ways one is buying physical gold coins or gold bar, second choice buying undervalued gold retailers like Tomei.. Besides high profit level, its NTA has gone up to above 2.70 with share price of 1.14-1.17, unbelievable...

OKU_2020

4,865 posts

Posted by OKU_2020 > 2023-10-02 07:59 | Report Abuse

gold in jeopardy
getting worst....RUNNNNNNNN

Posted by DonovanTingQY > 2023-10-13 15:44 | Report Abuse

After Israeli–Palestinian conflict breakout, gold in favor again. Ha

Bullballs

1,209 posts

Posted by Bullballs > 2023-10-16 16:37 | Report Abuse

1 sen by1 sen lama lama jadi bukit

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