Over the past 6 months gold prices have gone up by 18%. How have the Bursa gold related companies performed?
The top chart shows the share price gain for the 4 Bursa companies with gold-related businesses. The bottom chart shows that maybe there is still some potential for gold price to go higher. https://i.postimg.cc/s2jg2mGx/Gold-vs-Bursa-gold-proxy.png You can see that except for Niche Capital Emas, the other 3 have outperformed gold and the KLCI. What does this mean for the investor?
• You can of course interpret that Niche Capital Emas and Poh Kong share price has yet to catch up.
• You can also conclude that when gold price goes up, the share price of these companies go up much higher.
Another worth to hold. Itronic. Langkawi reclamation project. CCCC seem interested. The Wa is very low. low risk. i collected alot at 1.5 and 2 cents. A simple push on the mother, the warrant will crazy. Now waiting for the right timing.
IK, kpower already out. Almost 100% popit. Out and buy ipo. Regret the decision. I tought it will drop like before. Better hold rather than take the ipo. Hahaha. If hold almost 150% profit already.
@Mario, i bought Kpower after the 30 years ECRL deal, no brainer counter. After deal announce, share price drop. Still holding and top up all the way. @welcome, still got some WA. Next round going to attack mother already. Daughter already finish collect. Waiting for sign of other shark interest.
Bahvest has a very bad record. So many people dont believe or sceptical that there is so much gold. So must show me the gold and then the rush will start.
@IlmuKhodam... Very, very active market today. What's your contribution? Ada 1% kah? Hopefully next week the market will be just as active... this time powered with Tongkat Ali kaw-kaw
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....
Dehcomic01
331 posts
Posted by Dehcomic01 > 2024-05-09 07:45 | Report Abuse
Over the past 6 months gold prices have gone up by 18%. How have the Bursa gold related companies performed?
The top chart shows the share price gain for the 4 Bursa companies with gold-related businesses. The bottom chart shows that maybe there is still some potential for gold price to go higher.
https://i.postimg.cc/s2jg2mGx/Gold-vs-Bursa-gold-proxy.png
You can see that except for Niche Capital Emas, the other 3 have outperformed gold and the KLCI. What does this mean for the investor?
• You can of course interpret that Niche Capital Emas and Poh Kong share price has yet to catch up.
• You can also conclude that when gold price goes up, the share price of these companies go up much higher.
For more insights go to Are there Bursa proxies for gold? https://www.youtube.com/watch?v=CvdIyx3eAWA