@Hong2, why you buy when at January? I just by in Friday due to my analysis I think this share will go to 0.555 ~.~ If break 0.555, maybe can go higher... By the way good luck to you ^__^
Ming2, I bought in January with the calling, will up to 0.80 from my broker :(.. now it's the right timing to go in and chances to hit 0.555 is very high and possible soon....good luck too!
@Mingming, I look at quarterly report and profit, and i think the company is doing alright so far. it will be selling cheap anyway below o.80, and i think it may be high at 1.00 therefor should consider selling, taking consideration of current world' economy uncertainty. May be i am optimistics?...
Dividend 1.4sen shd be paid around Jan - Feb 2013. Can buy at this price 49sen, keep for 3 + months and get a dividend yield of 2.8%. Better than putting your money in the bank.
@Kowchye, come we see the graph for Poh Kong (3 year just reach 0.6x) Do you think Pk will break to RM0.80? Beside this, the company is doing web this 3 year but why only 0.014 dividend?
@tand3, I support this share due to the price now support by 20MA & above 50MA.... If let say the price no up then I run.. By the way I buy very low price only.. hehe ^__^
As long term investor, i intend to hlod on so long as good financial returns are reported. However, due to the low annual dividend at 1.4 to 1.5 sen, not much can be expected from this counter. therefore i mentioned that if PB i.e. price to book value reach 1 (not RM 1.00), i would consider to sell off and look for other more "exicited" counter. i believe current NTA is between 0.85 to 0.95. pls refer their reports for accurracy. I think selling at 0.70 is a bit too soon. Good luck:).
ColdEye has been very good in his analysis of the business of companies. I think he fully believes in what he writes. Of course he would have own some shares of the companies he writes about and that he believes in it. What is wrong with that? Must he write about the good things of the companies first and then only buy the stocks? I don't think so. He doesn't owe anybody. So far I find all the companies he writes about he gives very good reasoning. Anyone following him would probably have made good money. I don't think he has brought anyone to Holland. If you agree with him, then buy the shares, if not don't buy. I don't necessary agree with him that Poh Kong is very good though. My main reason is that this kind of business needs a lot of capital expenses like opening up new stores etc which may be good in increasing future earnings. But I like companies with plenty of free cash flows. But this doesn't mean I am right and he is wrong.
Fat Cat. Is there an investor in the world at any point of time has 100% positive return from all his investments? Then he must be God. tand3, "don't trust people easily", well said. But for ColdEye, I have read many of his articles, I can safely say this guy is trustworthy.
@KowChye, previous I pull all the money to the share and wait for long term.. At last one person asking me 1Q.. Why we need to hold for long term? You just a shareholder and wanted to earn money and not fall love the company.. If let say share no good up u wait until when? just my experience
Got new coming out that the company is earning money... But cannot I know 1 thing... Why the share only paying dividend amount of 0.014sen every year but not high since the profit are getting high.. "Not Fighting here but just share knowledge"
Company is making money every financial year. Par value is 50sen. Dividend of 1.4sen is around 2.8%. Better than other companies that do not pay dividend.
poh kong..a solid company...once in a while go into their shop and see their gold on display and the number of transaction they make in the weekend...the current share price is cheap.
@Mingming, by long term i only target for 3 years so long it is making reasonable profits and put in good yeild. Never mind at the short term @ 2.8% which is below FD. Since i only buy this stock after reading Cold Eye article after February at ave. 0.46-0.47 (below par), no harm to wait. I will review my strategy after I receive the 1st annual report to know whether a good decision was made. By the way, i think coldeye make sense in this article, though i may not agree to some of his other articles such as those related to "China" counters. Finally, thanks to all friends for the timely kind advice. Good luck.
If u satisfy with 3% D.Y. and earn few sen when the gold price increase, or you believe Gold price will increase to RM2000 next year, this is the counter. But mind you, could be quite slow. Notice of Dividend 1.5 sen most likely announced by Jan and ex on Feb.
Currently, recommended to buy medical glove counter. Topglov uptrend again almost hit again highest, supermax also uptrend now, will recover to highest in 3 months soon ;)
Guys, last week I almost visit all the pohkong outlet at pj, kl and Muar Johor as well. I talk with the sales man/girl they tell me business gross 20% because gold price drop? Will this effect the share price? I seen a Lot customer inside the shop. But I don't know them buy it or not. Thx.
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....
Mingming
66 posts
Posted by Mingming > 2012-10-13 00:46 | Report Abuse
@Hong2 you buy what price? If you earn 10% for this share better run lo~~~ This hard to reach 1.00.
Recommend if you want to buy share to get dividend I think Hupseng is the best~~