Posted by foreverchung > 2018-01-15 13:47 | Report Abuse

I think its pre-set, last year also same situation, same amount for all shareholders disposed at the same time.

Posted by HENGYUAN Sexy Babe @ RM21 > 2018-01-17 22:28 | Report Abuse

If gold price go to 1500, hopefully pohkong can touch 0.80 at least.

Posted by foreverchung > 2018-01-17 23:47 | Report Abuse

If gold price go 1500 and USD stay this level, assuming that their sales are marginally higher, I think its gonna fly past 0.8.

Posted by luckypunting > 2018-01-18 09:03 | Report Abuse

why the directors disposed their shares now after owner gave positive outlook in media?

Posted by foreverchung > 2018-01-18 10:27 | Report Abuse

@luckypunting Not dispose shares after news, is the other way round, dispose then positive outlook. And if you check back to shareholder dispose history, its consistent and it has occurred several times.

But anyhow, market is bear today.

Posted by luckypunting > 2018-01-18 11:24 | Report Abuse

a bit fishy for them keep disposing shares now ...

Posted by GTMS > 2018-01-18 14:23 | Report Abuse

this time dispose more . and gold price dropping. ringgit strengthened

Posted by Vtep > 2018-01-19 19:57 | Report Abuse

Poh Kong Holdings Bhd expects an improved performance for the financial year ending July 31, 2018 (FY18), as rising gold prices, increasing demand and a stable economic outlook will boost sales at the jewellery seller.

“We hope to outperform last year’s double-digit growth, aided by the rise in gold prices,” executive chairman and group MD Datuk Choon Yee Seiong said.

He said gold prices last year rose about 13.5% from an average of US$1,200 (RM4,752) per ounce at end-2016 to about US$1,300 per ounce by the end of last year.

“Presently, the price is trading around US$1,340. Generally, we are looking at an expected range of US$1,350 to US$1,400 in the short term,” he said after the company’s AGM in Kuala Lumpur yesterday.

Consumer sentiment is expected to improve this year, driven by the positive domestic economy. The effects of the Goods and Services Tax, implemented in April 2015, are tapering off.

The group is also witnessing improvements in same-store sales growth, said Choon.

The jewellery and gold investment products retailer has allocated up to RM15 million in capital expenditure for FY18. A substantial amount of the allocation will be used for the opening of three new stores, including two which opened recently in Johor.

“We have 12 outlets in Johor, including the two new ones. We see very positive results in Johor, partly due to the volume of customers from Singapore,” Choon said.

For FY17, the group opened two outlets in Genting Highlands, Pahang and Sunway Velocity Shopping Mall, Kuala Lumpur. Both outlets contributed a total of RM17.35 million in revenue.

Poh Kong presently has 94 outlets nationwide under various brands, of which 55 are in Selangor and Kuala Lumpur, 12 in Johor and the remaining across Peninsular Malaysia.

The group recorded a net profit of RM29.57 million in FY17 against RM11.01 million posted the year before, mainly due to the rising demand for gold jewellery, gold investment products and higher gold prices.

Revenue for the year climbed 12.9% to RM877 million from RM776.53 million a year ago.

As for the group’s first quarter ended Oct 31, 2017, net profit tripled to RM5.36 million from RM1.77 million posted the year earlier, while revenue rose 19.1% to RM220.93 million from RM185.47 million previously.

Posted by KEYBOARD > 2018-01-20 16:13 | Report Abuse

give me tp

Posted by KEYBOARD > 2018-01-20 16:13 | Report Abuse

haha

Posted by KEYBOARD > 2018-01-20 16:25 | Report Abuse

show million million revenue....share price stuck 60-65...

Posted by lwyy60 > 2018-01-20 17:39 | Report Abuse

Guys, mt porfolio r with the Good stock with NAV backup. This stock one of my favor now. if u monitored, nav up over the years. Good luck guys.

Posted by Vtep > 2018-01-21 22:50 | Report Abuse

http://news.gold-eagle.com/article/2018-gold-price-forecast-major-bottom-forming/881

Posted by foreverchung > 2018-01-22 18:12 | Report Abuse

Sigh, need to wait end of month collect salary first then only can buy in somemore.

Posted by Mochi > 2018-01-24 09:04 | Report Abuse

Looking forward to next qr

Posted by Jolin Lai Chi Pet > 2018-01-25 12:53 | Report Abuse

will touch 70cents again b4 CNY.............

Posted by foreverchung > 2018-01-26 09:00 | Report Abuse

Major upcoming Gold/USD/MYR news:
- Mr. Trump set to give speech at WEO, any protectionist stance will negatively impact trade.
- BNM increased OPR by 25bp, may lead to further strengthening of MYR.

> Gold/USD: 1350 USD/ounce
> USD/MYR: 3.89 MYR/USD
> Gold/MYR: 5240 MYR/ounce

- Marriage in M'sia in 2017vs2016 (Dec): 4,045/4,078
- Birth in Msia in 2017vs2016 (Dec): 42,574/42,121

Just a little Friday extra rajin spirit to share some info for everybadeh :D

Posted by Plastic789 > 2018-01-26 10:43 | Report Abuse

Ringgit strengthened means Gold price more affordable to users ?

Posted by foreverchung > 2018-01-26 13:29 | Report Abuse

@Plastic789 Nope, more like the strengthened ringgit would translate well into how international buyers to purchase gold in Malaysia. I.E. China tourists may purchase gold from Malaysian retailers.

Posted by foreverchung > 2018-01-27 12:09 | Report Abuse

I guess this is what gets investors anxious lately.

https://www.thestar.com.my/business/business-news/2018/01/27/the-global-economy-is-doing-great-be-afraid/

Posted by HENGYUAN Sexy Babe @ RM21 > 2018-01-30 08:40 | Report Abuse

not bad, i look at recent pohkong products, I am happy, they keep up to latest trends and fashion.

Posted by foreverchung > 2018-02-04 21:20 | Report Abuse

Top up queue begins.

Posted by Sebastian Sted Power > 2018-02-06 11:22 | Report Abuse

yeoman keep sapu~ing.. Lucky to get 0.55 just now

Posted by Sebastian Sted Power > 2018-02-06 12:30 | Report Abuse

this defensive counter should buy more!!!

Posted by Sebastian Sted Power > 2018-02-06 16:13 | Report Abuse

not bad today dapat 50% at 0.55 and o,555; another 50% 0.56

Posted by foreverchung > 2018-02-06 23:05 | Report Abuse

Tomorrow continue sapu more. Dayum. I was hoping to get 0.60, now I can't eat all.

Posted by Sebastian Sted Power > 2018-02-07 08:23 | Report Abuse

If a new investor discovered this jewel very soon the free float shares on market will be less than 10%. Latest annual report showed Top30 already 84%+ (and also Yeomen sapu~ing day and night).

Last year still bought about 48cents; yesterday added more average price 0.555. Hold tight tight and wait RM1

Another point I found all the properties listed in annual report valuation long time ago (their SS2 shop valued sure 5x more) which mean NTA will be increasing

Posted by foreverchung > 2018-02-13 22:29 | Report Abuse

Tomei good result. Let's see what Pohkong can do.

Posted by foreverchung > 2018-02-19 20:38 | Report Abuse

> Gold/USD: 1347 USD/ounce
> USD/MYR: 3.89 MYR/USD
> Gold/MYR: 5243 MYR/ounce

Posted by Alex™ > 2018-03-01 10:28 | Report Abuse

anyone know about substantial shareholder disposal of pohkong shares? Reason cited : disposed in open market. Mostly 1900lot for each one, but i couldn't find the volume transaction.

Posted by Alex™ > 2018-03-01 10:28 | Report Abuse

dark pool? D=

Posted by foreverchung > 2018-03-01 23:47 | Report Abuse

I think has been going on for some time.

Posted by Jon Choivo > 2018-03-05 16:59 | Report Abuse

Wow, never knew id get a chance to buy this again.

Posted by Lim Beng Teik > 2018-03-07 17:32 | Report Abuse

Wow..... Then tmr limited up

Posted by spectre007 > 2018-03-07 20:09 | Report Abuse

Nobody will sell to them at 73 sen per share...

Posted by paperplane > 2018-03-08 13:49 | Report Abuse

their value is much more than 0.73.....

0.73 is purely cash+receivable(50%)+inventory (80%)-total liabilities

Posted by Lim Beng Teik > 2018-03-09 11:49 | Report Abuse

Suddenly high vol queue up @ 0.57, 0.565, 0.56

Posted by chickenputih > 2018-03-09 14:16 | Report Abuse

it is pending triangle breakout ..

Posted by spectre007 > 2018-03-09 14:16 | Report Abuse

Got announcement soon?

Posted by spectre007 > 2018-03-09 14:39 | Report Abuse

No seller want to give...:)

Posted by foreverchung > 2018-03-09 16:08 | Report Abuse

It's undervalued with a good chance to hit limit, who wanna sell at this price? Hahahaha

Even based on the rumour, got foreign company wanna buy for 0.73, so at this rate, I only expect more and more people queue up mainly for QR. But if rumour become news, then, fly lor.

Posted by DanyLy > 2018-03-09 16:10 | Report Abuse

Gold will be uptrend till june -

Posted by foreverchung > 2018-03-10 20:30 | Report Abuse

Looks like got news brewing, I wonder what is it about?

Posted by Lim Beng Teik > 2018-03-11 00:18 | Report Abuse

Have a look on coming wed

Posted by Jon Choivo > 2018-03-12 18:43 | Report Abuse

Rmbr guys. This is not an earnings play.

This is an NTA play and hedge against recession (which should result in increase in gold prices)

Posted by spectre007 > 2018-03-12 19:13 | Report Abuse

Revenue up but profit so so

Posted by Outliar > 2018-03-12 20:59 | Report Abuse

What is a NTA play? To my mind NTA is only relevant if a company goes bankrupt

Posted by lizi > 2018-03-12 21:37 | Report Abuse

those who bet based on tomei good result will be dissapointeed.

Posted by lizi > 2018-03-12 22:04 | Report Abuse

Jon, i don't think it is NTA play either. I think you invest in this counter for a wrong reason. It is proxy play to gold prices.

Posted by apolloang > 2018-03-12 22:06 | Report Abuse

tomoro 55cts and below cos profit down