Cut loss di, threw all share. Gonna move entirely to Pohkong. Good luck have fun guys. You know the counter is really dead when there's that one person buying 1/2 shares to shore the price up to 0.50 while large volume throw at 0.475.
@dingyuan market going to crash, tomei going to be one of the top performance...
dividend is coming.... after disposing its cosmetic biz and focusing on its core biz, expecting tomei to perform better in the coming years... also, gold price has given, its net asset per share is about RM1.49... undervalued
7230 TOMEI TOMEI CONSOLIDATED BHD OTHERS
OTHERSTOMEI CONSOLIDATED BERHADPROPOSED FIRST AND FINAL SINGLE TIER DIVIDEND INRESPECT OF THE FINANCIAL YEAR ENDED 31 DECEMBER 2018You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com
tomei should open branches overseas especially in ASEAN countries through franchising, licensing, JV, etc. For example, Luk Fook from Hongkong has opened outlet in Cambodia through partnership with a local company in Cambodia
7230 TOMEI TOMEI CONSOLIDATED BHD TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) The following is the announcement pertaining to the RRPT entered by the subsidiary company of Tomei Consolidated Berhad (TCB) for the period of 17 May 2018 to December 2018. You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
18 years ago, a local car was equivalent to a price of 1 KG worth of gold. But now, those numbers have quadrupled! There are many reasons for this, the main ones being that: Gold is rare and cannot be easily created, unlike money. As a result, gold protects your savings against currency devaluation, not just against the Ringgit but also against any currency including the USD.
The 3 Biggest Trends That Will Drive Gold In The Next 30 Years by HelloGold | Oct 15, 2018 | About Gold,
The 3 Biggest Trends That Will Drive Gold In The Next 30 Years Back in the day, gold was used for so many different things – as jewellery, currency and even for religious purposes. All those traits of gold from more than 30 years ago are still relevant today; in the next 30 years – the importance and uses of gold are expected to grow even more! In a report released by the World Gold Council (WGC) in May 2018, it predicted that by 2048, gold would be in higher demand due to its increasing influence in various sectors.
Trend #1. Gold in technology, healthcare and energy production The WGC foresees that gold will grow as a material of choice as these different sectors evolve in the coming years. This is because it is used in mobile phones, solar cell technology and it is even being explored to reduce of carbon emissions in cars. Gold is also currently used in malaria detection kits in Africa to enable field researchers to diagnose whether a person has malaria. This is especially the case in places where modern technology is not as accessible. All these new uses of gold, can encourage the introduction of more revolutionary ideas and keep gold relevant in the future. As the demand for gold increases and the supply potentially decreases, those who have already stored a savings in gold could reap the benefit of already having something to fall back on. “Gold remains the material of choice for a variety of applications across the technology space. That is expected to continue and evolve over the coming decades.” – World Gold Council Consultant Dr Trevor Keel. Trend # 2. Trading of gold online and global demand The increase of mobile applications that allow users to buy and sell gold online will play a major role in the development of gold in the next 30 years. With more of such apps in regions like India and China, the WGC foresees that these emerging markets, will be the driving force for gold demand in the next 30 years. As the middle income group in these countries become wider, it is also expected that the demand for gold will increase, be it in the form of jewellery or as a way to store their wealth. This is why HelloGold’s revolutionary platform was created, to ensure that when the time comes for people to buy and sell gold, there could be an accessible and easy way for people to start. “Most people expect the rising emerging-market middle class to be the big story of the next quarter century.” – Economist, author and Associate at the China Centre, Oxford University, George MagnusLet’s take a look! From just RM1, anyone could start a savings in gold and build a secure future for themselves. With HelloGold offering the best gold price in Malaysia, there is no reason why you shouldn’t start saving in gold now so you can reap the benefit years later! Trend # 3. Environmental impact on the mining of gold As nations become increasingly aware of the environmental impact of continuous mining, the WGC expects that new innovations must be introduced to help address the importance of sustainability. When the demand for gold increases in the coming years, it will be more important for mining companies to find a way to meet that demand, ethically and sustainably. This remains the industry’s biggest struggle. Goldcorp’s Executive Vice President of Corporate Affairs and Sustainability, Brent Bergeron, said that organisations want to do good, but find it hard to balance between being environmentally friendly, and the reality of the business. “Our projects are so large and our investments so significant that we tend to stick with what we know rather than consider how we can make new technology and new ideas work for us,” he said. If gold is to remain relevant and meet the demand in the years to come, new technology must be created to address the rising concerns surrounding the environmental impact of gold mining.
It seems tomei has set up manufacturing and retail operations in Vietnam, Vietnam is growing rapidly in terms of economy. Tomei has also set up retail operations in China ... see how tomei to grow its biz further in these foreign countries or other countries e.g franchising, etc.
TOMEI" A JOURNEY TO EXCELLENCE
Tomei was founded way back in 1968 with the commencement of business in design and manufacturing of jewellery supplying to local jewellers. As the business grew, Tomei ventured into the establishment of first retail outlet in Campbell Shopping Complex in Kuala Lumpur in early seventies and subsequently commenced its wholesale and distribution of jewellery.
Le Lumiere™ www.lelumiere.com T. H . JEWELRY www.thjewelry.com.my In order to meet the increasing demand and to facilitate its very own design collection, the manufacturing facilities were further expanded in 1989 with the setting up of Tomei Gold & Jewellery Manufacturing Sdn Bhd. It also enables our Group to control quality and more importantly, create unique designs and products that best meet the contemporary needs and preferences of customers. In 1998, the Group joint ventured with its business partner Eugen Schofer GmbH & Co, the largest chain manufacturer in Europe for the manufacturing of gold and silver chain. During the same year Tomei successfully developed and manufactured its own white gold jewellery.
Today Tomei Group is an Integrated Manufacturer and Retailer in Gold & Jewellery.
The needs to cater for the demand of young and trendy lifestyle, the Group introduced My Diamond, specialize in the trendy white gold and diamond collection to the market in year 2002. The following year, the Group set up its own boutique under the name T.H Jewelry to display its high end range of collections.
Recognizing its superior quality and established brand name, the Group has acquired the brand Le Lumiere, an international brand for Hearts & Arrows Diamond. Following the acquisition, the Group now has its own exclusive Hearts & Arrows Diamond Collection and having access to the diamond industry in the region.
The demand for gold and silver premium gift and souvenir, has prompted the Group to developed and introduced "Terengganu Art", specializing in premium gift and corporate souvenir.
The Group carves its name as the regional renown jeweller with the granting of Investment licence to set up its manufacturing activities in Socialist Republic of Vietnam in the year 2006 marking its maiden oversea venture. Tomei currently has 3 retail operations in Vietnam located in various shopping complexes.
In order to tap into the lucrative Chinese market, the Group has granted its trademark right TOMEI in China. The first TOMEI retail outlet was opened in Xian, China in September 2007.
As part of the Group continuous effort and commitments to quality, the Group has stride and was accredited with ISO in Quality Management System for its retailing in jewellery from Lloyd's Register Quality Assurance Kuala Lumpur since year 2003.
Year 2006 marked a significant mile stone in the Group history with the quotation of Tomei Consolidated Berhad on Second Board, Bursa Malaysia Securities Berhad. Shortly after one year, Tomei Consolidated Berhad successfully transferred its listing status to the Main Board, Bursa Malaysia Securities Berhad.
To date, the Group has 52 jewellery retail outlets within 4 major umbrella brands namely Tomei, My Diamond, T.H. Jewelry and Le Lumiere. Tomei's products are also exported to Indonesia, Singapore, Thailand, United Arab Emirates and Europe.
Awards and Achievements:
Official Jeweller for Miss Malaysia 2002 & 2003
Malaysian Book of Records for most expensive Crown Jewel for Beauty Pageant
potential to rebound :) after restructuring, etc previously plus rising gold price this year :p
Year to date, Tomei’s share price had risen as much as 92.5% to 77 sen last Friday from 40 sen. The group has a market capitalisation of RM106.03 million.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
dingyuan
52 posts
Posted by dingyuan > 2018-09-24 15:54 | Report Abuse
gold price.......tomei hold gold, buy tomei = buy gold