@wong LamboMove has actually been established, probably you're referring to expansion. Even if they need to expand, I don't see that is an issue.

1. They have huge cash balance in the bank.
2. The more motorcycles / worker, means that there is demand, presence of demand means got opportunity to earn. Win win.

Whereas for Gemlive/Gemspot, the more business they get, the more Lambo earns as they need Lambo to deliver. Riding on that, Lambo themselves also have e-comm platform, Lamboplace, that can utilize the their sister company last mile delivery.

1. Fuel price is relatively low at the moment.
2. Hire purchase / loan rates are low at the moment.

If the company takes advantage of this and work on the food delivery platform by connecting small hawkers / famous eateries and pair them up with LamboMove and LamboPlace, I don't see why there is not much room for growth. Considering that the MCO might be extended, it can only mean that the business might grow, as there are minimal restriction on food delivery / e-comm.

@Aliibaba good point, agreed. 1cent doesn't mean cheap. But for Lambo, it could be considered cheap considering it is earning money, compare this to Netx fundamentally you'll be slightly more confident in buying this stock @karen koh.

With cash at hand, minimal borrowings, this stock cash alone is almost 3x its market cap. Sell all asset probably looking at 0.04 per share. But again, market is emotional. Do your homework, for me, I bought as much as I could at 0.01, was hoping for 0.005 but that's just greedy. Personally, I hope it to go up to 0.04 level then I'll be comfortable to let go.

Market priced in the loss of main revenue back in Oct/Nov period, with this new partnership with Gemlive/Gemspot, could be a good chance for Lambo to earn as E-comm is still allowed to operate during MCO. Reduce impact on earnings.

ochai cmon man, have a little humor in this troubled times

Are you sure this stock has good future? Who are you to tell?

Director who bought shares: Sureson.

Looks like EPF need emergency funds

Just to point out that there are other ways of selling, i.e. Bullion in trade.

weec0008 > True, I somewhat agree to this, but I refer to those who doesn't look at the counter often and doesn't have as much free flowing cash to pump or not. They might not be able to pullout so quickly I guess. Also some might be afraid to cut loss.

For those who have bigger capital / time to monitor I guess they could look at this with more control.

Let's see if Pohkong will buck the trend again follow market ; or will it finally return to its true path which is follow Gold.

Here we go boys and gals, US cut rate by 0.5%. Spot gold up 3% in 1 hour.

OPR cut again. Good for gold but bad for ringgit?

Actually I feel I still have some confidence in this company. Although they didn't make as much money, they still made money. Its not loss making at the moment.

Whereas their performance decline, is 2 quarters over 10. I would still say its viable for long term. Most will feel burnt because their 'long term' is around few months to a year. Whereas for some people their long term is 3 - 5 years.

No one company's performance can keep going up for all quarters. Bound to hit roadblocks every now and then.

Let's see market reaction tomorrow morning, points include:

1. First non-chinese died from Wuhan.
2. H5N1 outbreak in Hunan.
3. African Swine Fever outbreak in Philippines.
4. Gold breached $1588 USD/ounce.
5. Japan vs Korea trade tension escalates.

Global outlook seems gloomy at the moment.

Factors to consider this time round before QR is abolished:

1. nCOV, Wuhan :::: Good ::::
2. Iran vs US :::: Good ::::
3. China vs US :::: Good ::::
4. UK vs EU :::: Good ::::
5. Gold price 2019 + 2020 > 2018 + 2019 :::: Good ::::
6. Gold demand higher, but USD vs MYR same range :::: Good ::::
7. Bullions / Gold stockpile demand rise :::: Good ::::

8. Probably less demand from consumer sector :::: Bad ::::
9. China vs US resolve :::: Bad ::::

Expectation: Earning margins to go up.

What do you guys think?

Nice. 20% more dividend than previously eh?

Anyone know if Pohkong sell gold ores?

And gold now is in New high

twice ler

Good QR?

Gold 1386

Gold close to 1390

Gold 1377

Bahvest mines gold, more direct than pohkong

https://www.thestar.com.my/business/business-news/2019/05/28/cimb-research-retains-add-for-awc-tp-rm1pt26/

congrats sn2k, ur hunch good, better luck next time :(

How about -12m?

Congrats all shareholders, not a bad result.

@andrew95 - They need to release their QR by this month if they don't wanna get penalty.. so.. you don't say lol hahahaha

Wood is the new gold? Look at liihen wow

Why you sound like you comforting urself?

I also accumulated hahaha

If this QR got 8m NP, can shoot pass Rm2.2?

Share buyback when near QR and at its fishing low at RM1.47?

Interest Rate lowered to 3%, MYR is heading downwards.

Mmmm, today got healthy volume.

Hmmmm, looks like I'm wrong afterall !

Keyword might, its just 3.30pm :) Wait and see got or not ba.

I may be wrong too!

@christ cs2020 - Fund manager.

Today might have show boys and girls

Tomei dead stock, go study Tomei's day trade you'll see.

1. One person buy 1 lot to push share price back up whenever got big volume sell down.
2. No volume 90 days out of 100.
3. Smaller cap than Pohkong.

You tell me.

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...

Day 500 still waiting for crash.

wait till they have a rumour that minister punya somebody get appointed as director and tabung haji epf kwap sosco and berkshire become shareholder.. share price will raise till rm10+

then you'll wake up from your dream

Over 5 years probably.

This is Div generator, collect while low. Low price goes low, div yield goes up.

Oh boy, if Dow ends green, we have a liftoff tomorrow.

wah damn big load taken at 4.50pm

For this counter, Sapura is good indicator. About 20 mins headstart against Velesto's graph.

Bought Dayang 1.38, dumped at 1.42.

Queing at Velesto .28, to dump at .29.

Today can only eat small margin. Market blood everywhere.

Will buy in at 0.285.

Depends on buying interest. If Yeoman sapu, then its about time for them to emerge as substantial shareholder. If that's the case, then Pohkong sure will be around 0.7 range. Even if you take NTA at 40% discount and compare P/E, the stock still worth more than its current price.

If no, then probably 0.6 ish is achievable.

These few years, if their transaction keeps on increasing as what I can see, then they will emerge as an interesting safe haven proxy stock.

https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5080

QoQ - 113.43% up
YoY - 40.40% up

Debt parred down a little, expansion provisions provided. From transactions wise, still seeing increment in sales.

Congrats for shareholders at the moment as this is considered quite good result given gold + MYR/USD is not as high as it used to.

Feedback from branch managers, more people asking for gold bar / notes compared to last time. Looks like some folks prepping for ww3 or market crash.

Operator push, Trackwork dump, Small fish pump. Fun.