Tomei Consolidated Bhd is an integrated jewellery manufacturer and retailer of gold and jewellery. The company operates its business through two segments: Manufacturing and Wholesales; and Retail segment. The company operates approximately 60 retail outlets under five different brands - Tomei, My Diamond, Gold heart, Le Lumiere and De Beers. Its retail segment contributes the vast majority of total revenue. Tomei’s products are also exported to countries like Singapore, Indonesia, and in the European markets.
On 18 March when Mr Ooi Teik Bee recommended it, it shot up 30% to limit up at Rm 1.49 as shown on the price chart below. Yesterday it closed at Rm 1.25.
Quarter ending March its EPS was 9.93 sen and in its previous quarter its EPS was 8.42 sen. Its profit for the next quarter ending June should be much better because many Malay husbands would have bought jewelleries during the Hari Raya festive seasons.
Even if I assume that it has no profit growth, its annual EPS is 4 X 9.93 sen = 39.72 sen.
PE is Rm 1.25 divided by 39.72 = 3.1
Our KLCI has been depressed due to our political uncertainty, the rising number of Covid 19 cases and the potential lockdown for the whole country. If investors are not so fearful, Tomei share price should go up higher and higher. Even if you based on PE 6, Tomei should sell at Rm 2.50.
Tomei price chart below
I am obliged to inform you that Tomei is my largest investment holding. I wrote this article for your information only and I am not asking you to buy to push up the share price to make me richer.
Chart | Stock Name | Last | Change | Volume |
---|
Created by Koon Yew Yin | Dec 13, 2024
Indonesia remains committed to start implementing a 40% mandatory biodiesel mix with palm oil-based fuel, or B40, on Jan 1 next year, its chief economic minister said. Indonesia, the world's largest..
Created by Koon Yew Yin | Dec 12, 2024
Indonesia is the world's largest producer of palm oil, producing an estimated 46 million metric tons in the 2022/23 marketing year. Indonesia also exports over 58% of its production, making it the w..
Created by Koon Yew Yin | Dec 03, 2024
Indonesia is the largest palm oil producer in the world. Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry offi..
Created by Koon Yew Yin | Nov 25, 2024
My younger brother who was a dentist had bipolar disorder. Unfortunately, he committed suicide about 12 years ago.
Created by Koon Yew Yin | Nov 22, 2024
All plantation companies are reporting better profit for the quarter ending September when CPO price was about RM 3,800 per ton.
Created by Koon Yew Yin | Nov 21, 2024
Indonesia is the biggest palm oil producer in the world. Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry offici
Created by Koon Yew Yin | Nov 20, 2024
Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry official said recently, lifting prices of the vegetable oil...
Created by Koon Yew Yin | Oct 30, 2024
Latest poll on 30th Oct 2024
Created by Koon Yew Yin | Oct 30, 2024
Latest poll on 30th Oct 2024
Created by Koon Yew Yin | Oct 25, 2024
The group is expected to deliver better profits and revenue from its pipe coating, engineering, and bioenergy segments.
This Geezer is a real Donkey. Everyone knows what he just wrote. There are plenty of shares in Bursa trading at prospective single digit PE. Just because someone fart, and he followed, he writes this piece so hoping for more to buy to enrich him. Let's wait and see if it goes up or down now that traders are aware Geezer has bought in.
2021-05-20 14:01
haha, while uncle is ikan bilis in glove stocks like supermax. He is a shark in tomei as its mkt cap is very small.
2021-05-20 14:20
But uncle now not much followers due to its bad reputations. Let see how good is this pick when he joins hand with OTB, another influential trader.
2021-05-20 14:27
Please, do ur home work.He just roughly ask u buy.The timing is on investor.
2021-05-20 14:33
you can see the chart going down immediately when noon session reopened. Everybody is afraid of this wolf already. haha...
2021-05-20 14:43
OBLIGED to tell. wahahaha... your integrity is worthless already in this forum
2021-05-20 14:45
Sell Tomei now. When KYY call buy then is time to sell. Otherwise when he sell then you siao.
2021-05-20 14:51
Why takut leh ??
Buy mah!
Posted by VincentTang > May 20, 2021 2:51 PM | Report Abuse
Sell Tomei now. When KYY call buy then is time to sell. Otherwise when he sell then you siao.
Posted by VincentTang > May 20, 2021 2:52 PM | Report Abuse
We are small fish trap back big fish KYY. Sell sell sell Tomei.
2021-05-20 14:55
See what happened to KPS, Dominan, MNRB..., all drop non stop after his buy call.
2021-05-20 15:29
I am obliged to inform you that Tomei is my largest investment holding. I wrote this article for your information only and I am not asking you to buy to push up the share price to make me richer.
UNKER OSO SAME
VELI TIRED
WRITE IN FORUM
ALL COME PM PM
PM ASK TARGET
PM ASK EXIT STRATEGY
SHARING SHARING MARH
SO CAN USE BRAIN N THINK THINK
HAI YARH
IN FORUM LAIKE THIS
EITHER MEET
SOZHAI WIF NO BRAIN
OR
SOZHAI WIF HALF BRAIN
:DDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD
2021-05-20 15:44
How about trading in Cryptocurrency Assets like DGB Have a look at the technical analysis
https://coinpedia.org/price-prediction/digibyte-price-prediction
2021-05-20 17:39
How come suddenly tomei becomes his largest investment... what about those he recently called - leinfb. Lbalum kps dominant morbid rtc
2021-05-20 21:56
Wahh...all eps also x 4Q but then his holding is only x 4 weeks max? Now tomei the largest? Maybe he is loaded with money la....
but hor, Tomei is only share float in market is about 40% and it is a small-cap company. Meaning, if uncle run, u better jump oh.....coz if he sell, it will plunge le....
2021-05-21 07:58
Haha,
The next article: I had too much of a good time with XO and now facing margin call forced selling.
2021-05-21 10:07
Tomei shot through the roof - Koon Yew Yin
Which roof koon is talking about?
2021-05-21 10:14
seu pei la, KYY. Originally we respect you as a senior investor, now you gain no respect from us.
2021-05-21 13:12
Uncle yyk stock very dangerous but a lot of happening.
Good or bad? You all tell me?
2021-05-21 15:08
Sslee Haha,
The next article: I had too much of a good time with XO and now facing margin call forced selling.
21/05/2021 10:07 AM <--- Good prediction
2021-05-21 20:44
Uncle is a dinosaur? Still PE. Wahlau ler. Uncle kyy plz improve yourself
2021-05-21 20:46
Omg, uncle punya stocks kah... patutlah sangat bahaya.
I don’t dare to touch uncle punya stock... sangat toksik la.
2021-05-21 22:14
On 18 March when Mr Ooi Teik Bee recommended it
Shares Grandmaster KYY
2021-05-22 10:57
Kyy is playing fire with comodities. I think he wil burn into ashes tis time. Playing gold, steel, alumninium
2021-05-22 14:13
uncle u so rich no need come here la, go open futures account play futures better hahahahah
2021-05-22 14:23
"Tomei shot through the roof " was released by an uncle on 20 May 2021 when the price was RM1.32. now it is trading at RM0.91 range. Unlike people such as uncle, data never lies. His recommendation says a lot about his real intention. Good luck for those who still believe in him.
2022-01-24 20:06
CCCL
As of 31st March 2021, can’t find your big name as 30 largest shareholders. Maybe you bought recently. I
2021-05-20 12:56