TOMEI CONSOLIDATED BHD
KLSE (MYR): TOMEI (7230)
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Last Price
1.11
Today's Change
+0.01 (0.91%)
Day's Change
1.10 - 1.11
Trading Volume
260,300
Entitlement
Upcoming
Happening
| Ann. Date | Ex Date | Type | Subject | Amount |
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Discussions
2 people like this. Showing 50 of 1,500 comments
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
2023-06-01 09:07
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.
2023-06-02 09:35
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.
2 months ago
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.
2 months ago
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!
2 months ago
Upcoming BRICS meeting will intensify de dollarization and tail end rate hike will give boost up to GOLD price
2 months ago
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.
2 months ago
In Malaysia, upstream Gold companies cannot perform. Only downstream Gold companies can perform. Very unique situation we have in Malaysia
2 months ago
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
2 months ago
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.
2 months ago
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,
2 months ago
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
2 months ago
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
2 months ago
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
2 months ago
I have cut all gold stock after gold price failed to perform despite Moody downgrade US bond
1 month ago
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
1 month ago
management should privatise this company as soon as possible while it's stock price still underperform
1 month ago
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.
1 month ago
Ya they should privatised it soonest possible and offer RM2 per share. Later can easily relist it on SGX at double the price
1 month ago
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.
1 month ago
yea RM2 definitely good, good for investors too almost double current price ^_^ win win situation
1 month ago
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
1 month ago
No hurry, just do it slowly. All the gold got no shelf life. In fact the longer you keep the more valuable it becomes.
4 weeks ago
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
1 week ago
Tomei units get pawnbroking, money lending license
https://www.thestar.com.my/business/business-news/2023/09/26/tomei-units-get-pawnbroking-money-lending-license
6 days ago
now different story alr, normal pawn shop how to compete with ppl like tomei / pohkong? lets see how it goes
6 days ago
Islamic or non-Islamic pawnbroking? will it turn this company into non-syariah compliance?
6 days ago
Tomei
1.15
Support 1.13
If breach few days will see retesting the 96-100 cents
28/9/23 8.41pm
5 days ago
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
PE of 2+. Why?
Always study the FCF, the cash that truly belongs to the owners (shareholders).
4 days ago
at least the inventories are literally "gold", which something that cannot lose it's value
4 days ago
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...
3 days ago
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Tomei price at RM1.07 means that some players thought that the gold will fall below USD1900 in short time, and never take the depreciation of RM into consideration. Dollar index up around 3% and RM down around 3% in 3 weeks time.
2023-05-30 09:58